AT GROUND LEVEL
Concrete solutions , programmes , company mergers and more . Discover four companies around the world , working towards the advancements shaping the Fire Stopping Materials industry , ensuring heightened safety standards in construction and beyond .
Mergers to materials : Four companies working towards advanced fire safety
T he tremendous revival of the construction sector , especially after the pandemic has pushed the demand for efficient fire-stopping materials to ensure enhanced safety in new constructions and renovations . Fire-stopping materials , such as sealants , mortars , coatings , etc ., have become increasingly vital in meeting stringent safety standards and regulations in the construction industry .
Future Market Insights predicts that the Fire Stopping Material Market is estimated to be around US $ 2.1 billion in 2024 . It is projected to exhibit a CAGR of 12.2 % over the forecast period , with an estimated market size of US $ 6.5 billion by 2034 .
NORTH AMERICA : UL Solutions
UL Solutions , a global leader in applied safety science , introduces the UL
Solutions Technical Evaluation Developer Programme , aiming to assist manufacturers of fire-stopping products in enhancing recommendations for customers and instilling confidence in their services .
Manufacturers in the fire-stopping industry often provide technical evaluations or engineering judgments to guide construction professionals and code authorities in selecting fire-stopping
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