Global Fire Sprinkler Pipes Market

Global Fire Sprinkler Pipes Market Size, Share, Growth Analysis, By Product Type(Seamless Steel Pipe, Welded Steel Tube), By Consumer(Commercial, Residential), By End Use(Wet Pipe Systems, Dry Pipe Systems) - Industry Forecast 2024-2031

Report ID: SQSG20B2003 | Region: Global | Published Date: July, 2036
Pages: 157 | Tables: 95 | Figures: 76

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Fire Sprinkler Pipes Market size was valued at USD 12.07 billion in 2019 and is poised to grow from USD 20.27 billion in 2023 to USD 29.54 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).

The Global Fire Sprinkler Pipes market is relatively fragmented, with a high level of competition. Global Fire Sprinkler Pipe manufacturers are launching strategic initiatives and taking steps to capitalise on emerging Fire Protection System Market opportunities. Fire Protection System Market leaders have introduced more innovative products to meet changing client needs. Johnson Controls, for example, offered the Smart Fire Sprinkler Monitoring solution. This technology enabled cloud-based monitoring 24 hours a day, seven days a week, reducing building damage and preventing system failure. 'Tyco Fire Protection Products', 'Viking Group Inc.', 'Mueller Industries, Inc.', 'Johnson Controls International plc', 'Watts Water Technologies, Inc.', 'Anvil International, LLC', 'Smith-Cooper International, Inc.', 'Victaulic Company', 'Aquatherm GmbH', 'Charlotte Pipe and Foundry Company', 'Uponor Corporation', 'Nucor Corporation', 'McWane, Inc.', 'Zurn Industries, LLC', 'Uponor North America', 'Marley Pipe Systems', 'BlazeMaster', 'Lubrizol Corporation', 'ITW Polymers Sealants North America', 'Georg Fischer Piping Systems AG'

Stringent government regulations, increasing investment in smart and advanced safety technologies, and high awareness products are some of the major factors driving the market. According to the NFPA-13 in US, all newly constructed commercial buildings that are 5,000 square feet or larger must have fire sprinkler systems.

Increased automation trends in commercial buildings and increasing fire safety costs in enterprises and government agencies are expected to increase the growth of the industrial fire sprinklers pipes market worldwide during the forecast period. In addition, increasing investment through organizations to safeguard their infrastructure and increasing inclination towards automation create immense growth opportunities for the market growth in the near future.

North America is the highest contributor to in global fire sprinkler pipes market with the market share of 33% in 2021. Stringent government regulations, increasing investment in smart and advanced safety technologies, and awareness regarding the products are some of the major factors driving the North America market’s growth. Asia Pacific is projected to be the fastest region during the forecasted period. The increasing urbanization in countries like China, India, Japan is boosting the demand for fire sprinkler systems. In China, the government has provided building designing codes to provide fire protection. In 2019, Indian government introduces new norms, the residents and commercial properties need to conduct Fire Safety Audits in every half-yearly and submitting its report to the regulated fire department.

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