Fire Protection Valves & Fittings Market is predicted to grow at faster CAGR during the forecast period include increasing infrastructural patterns and high-rise building structures.

Introduction of the Fire Protection Valves & Fittings Market Report

Fire fittings and valves are used to control the flow of the water. A fire safety valve with fusible links has a primary drop-tight seal. The valve’s main parts are the body and the bonnet, which form a casing that holds water flowing through the valve. A fire fitting is located at the end of a hose to connect with a hose, tap, or water source and is typically made up of brass, stainless steel, or aluminum.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global Fire Protection Valves & Fittings market include increasing infrastructural patterns and high-rise building structures. An integrated building management system will undoubtedly bring a high-risk fire causing injury. It will automatically generate demand for fire protection valves and fittings. Moreover, the increasing number of fire accidents, stringent regulations by several government bodies in emerging countries, and rising demand from various end-use applications will propel the market growth. In addition, growing awareness among consumers regarding fire safety systems and rising investment in transportation infrastructure will increase the demand for Fire Protection Valves & Fittings market.

Restraint in the Fire Protection Valves & Fittings Market

However, high cost of production material may lead to increase in manufacturing cost and can further restrict the market growth of fire protection valves & Fittings.

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Product Type – Segment Analysis

Based on the Product Type, Wet System Valves expected to grow at the fastest rate in the global Fire Protection Valves & Fittings market during the forecast period due to comparatively lower installation and maintenance cost of wet fire sprinkler system. Increasing investment in transportation and growing population are further bolstering the demand for sprinkler and suppression system keeping in mind the safety of people.

End-User – Segment Analysis

Based on the End-User, the commercial segment is projected to capture the largest market share over the forecast period in the global Fire Protection Valves & Fittings market due to the widespread installation of malleable iron fitting in commercial sectors. Sprinklers and suppression system is being installed in these sectors back of a rising number of fire incidents and increasing awareness regarding fire safety measures. For instance, Victaulic offers VicFlex sprinkler fitting systems featured with brackets, hoses, and fittings for a wide variety of applications such as commercial suspended ceilings and commercial metal or wood stud hard lid/drywall ceilings in institutional spaces and clean room environments.

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Regional – Segment Analysis:

Based on the region, North America region is expected to capture a significant market share in the global Fire Protection Valves & Fittings market in due to the rising infrastructure development such as residential, commercial, and industrial sector. These sectors are aware about prior safety measures and precautions need to be carried out while construction of a building. Increased construction and urbanization are gaining traction to bring new horizons for the growth of global fire protection valves and fittings. According to the Associated General Contractors of America, in 2019 construction spending totalled USD 1.28 trillion, creating new opportunities for the fire protection valves and fittings market.

Top Market Players

Various notable players operating in the market include Anvil International LLC, HD Fire Protect Pvt Ltd., Reliable Automatic Sprinkler Co., Inc., Tyco Fire Products, Raphael Valves Industries Ltd., Rapidrop Global Ltd., Global Fire Sprinkler Corporation, Minimax Viking GmbH, Brigit System pyt Ltd., Cla-Val Co., among others.

Key Developments:

• • In 2021, Victaulic Company, a leader in fire protection products and systems, acquires Waupaca Foundry’s Lawrenceville. The acquisition will increase company’s production capacity by 70 percent in the US and enable Victaulic to produce larger scale products.

Segments covered in the Report:

The global Fire Protection Valves & Fittings market has been segmented on the basis of Product Type, End-User, Fitting Type, and regions. Based on Product Type, the market is segmented into Wet System Valves, Dry System Valves, Deluge and Pre-Action System Valves, General Purpose Valves. Based on End-User, the market is segmented into Residential, Transportation Infrastructure, Industrial, Commercial, Energy & Power. Based on Fitting Type, the market is segmented into Grooved Fittings & Coupling, Pipe Hanger & Clamps, Malleable Iron & Fittings.

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Key questions answered in this research report:

• • At what pace is global Fire Protection Valves & Fittings market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Fire Protection Valves & Fittings market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Fire Protection Valves & Fittings market?
  • Which product type generated maximum revenues in 2020 and identify the most promising product type during the forecast period?
  • What is the various end-user of global Fire Protection Valves & Fittings market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product Type, By End-User, By Fitting Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Anvil International LLC, HD Fire Protect Pvt Ltd., Reliable Automatic Sprinkler Co., Inc., Tyco Fire Products, Raphael Valves Industries Ltd., Rapidrop Global Ltd., Global Fire Sprinkler Corporation, Minimax Viking GmbH, Brigit System pyt Ltd., Cla-Val Co., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Fire Protection Valves & Fittings Market by Product Type

• • Wet System Valves
  • Dry System Valves
  • Deluge and Pre-Action System Valves
  • General Purpose Valves

Global Fire Protection Valves & Fittings Market by End-User

• • Residential
  • Transportation Infrastructure
  • Industrial
  • Commercial
  • Energy & Power

Global Fire Protection Valves & Fittings Market by Fitting Type

• • Grooved Fittings & Coupling
  • Pipe Hanger & Clamps
  • Malleable Iron & Fittings

Global Fire Protection Valves & Fittings Market by Region

• • North America Fire Protection Valves & Fittings Market (Option 1: As a part of the free 25% customization)
    • North America Fire Protection Valves & Fittings Market by Product Type
    • North America Fire Protection Valves & Fittings Market by End-User
    • North America Fire Protection Valves & Fittings Market by Fitting Type
    • US Fire Protection Valves & Fittings Market All-Up
    • Canada Fire Protection Valves & Fittings Market All-Up
  • Europe Fire Protection Valves & Fittings Market (Option 2: As a part of the free 25% customization)
    • Europe Fire Protection Valves & Fittings Market by Product Type
    • Europe Fire Protection Valves & Fittings Market by End-User
    • Europe Fire Protection Valves & Fittings Market by Fitting Type
    • UK Fire Protection Valves & Fittings Market All-Up
    • Germany Fire Protection Valves & Fittings Market All-Up
    • France Fire Protection Valves & Fittings Market All-Up
    • Spain Fire Protection Valves & Fittings Market All-Up
    • Rest of Europe Fire Protection Valves & Fittings Market All-Up
  • Asia-Pacific Fire Protection Valves & Fittings Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Fire Protection Valves & Fittings Market by Product Type
    • Asia-Pacific Fire Protection Valves & Fittings Market by End-User
    • Asia-Pacific Fire Protection Valves & Fittings Market by Fitting Type
    • China Fire Protection Valves & Fittings Market All-Up
    • India Fire Protection Valves & Fittings Market All-Up
    • Japan Fire Protection Valves & Fittings Market All-Up
    • Rest of APAC Fire Protection Valves & Fittings Market All-Up
  • RoW Fire Protection Valves & Fittings Market (Option 4: As a part of the free 25% customization)
    • RoW Fire Protection Valves & Fittings Market by Product Type
    • RoW Fire Protection Valves & Fittings Market by End-User
    • RoW Fire Protection Valves & Fittings Market by Fitting Type
    • Brazil Fire Protection Valves & Fittings Market All-Up
    • South Africa Fire Protection Valves & Fittings Market All-Up
    • Saudi Arabia Fire Protection Valves & Fittings Market All-Up
    • UAE Fire Protection Valves & Fittings Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Fire Protection Valves & Fittings Market All-Up

Major Players Operating in the Fire Protection Valves & Fittings (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Anvil International LLC
  • HD Fire Protect Pvt Ltd.
  • Reliable Automatic Sprinkler Co., Inc.
  • Tyco Fire Products
  • Raphael Valves Industries Ltd.
  • Rapidrop Global Ltd.
  • Global Fire Sprinkler Corporation
  • Minimax Viking GmbH
  • Brigit System pyt Ltd.
  • Cla-Val Co.