Fire Barrier Wrap Sticks Market: Market Overview

The fire barrier wrap stick is a type of protection tape which is used to separate a specific area during a fire break out to keep surrounding people away from fire risks such as suffocation due to fire’s smoke, structural damage, etc. Fire barrier wrap sticks have specific designed features like they have bold printed text with bright background. There are numerous types of specifications in the colour of fire barrier wrap sticks. These sticks are shiny on the outer side and that provide specific degree of reflection. Fire barrier wrap sticks have many end use industries like automotive, electronics, construction, etc. There are some fixed rules regarding material and colour of fire barrier wrap sticks. For example, red or white colours are compulsorily used for fire protection. Fire barrier wrap sticks are able to bare high temperatures while being effective in application. These sticks are also popularly known as self-adhesive sticks. The choice of adhesives and backing materials of the sticks play an important part in benefits of fire barrier wrap sticks whenever it comes in contact with high temperature applications.

Fire Barrier Wrap Sticks Market: Market Dynamics

Increasing industrial market and industries like building and construction the demand of fire barrier wrap sticks market is escalating rapidly. Sadly, rising number of fire breakout incidents is contributing in the increased demand for fire barrier wrap sticks. Additionally, fire barrier wrap sticks market growth is enhanced rapidly because of the rising awareness of the employee’s safety in all the industries. Moreover, fire barrier wrap sticks are economic which has uplifted the market. In addition to this, the material polyvinyl film which is used for fire barrier wrap sticks are durable as well as strong which is the one more factor in driving the market.

Besides, the developments of alternative options to fire barrier wrap sticks such as construction tapes and law enforcement tapes may absorb market share of fire barrier wrap sticks market in the forecasted period. Fore protection systems are implemented on a high volume sites which is another factor which hampering the growth of the fire barrier wrap sticks market.

Since the COVID-19 outbreak in December 2019, the disease has spread to nearly about 100 countries all over the world. This pandemic has started to show major impacts on fire barrier wrap sticks market. COVID-19 pandemic impacted badly on the construction and other similar industries. This resulted into major impact on the growth of fire barrier wrap sticks market worldwide.

Fire Barrier Wrap Sticks Market: Segmentation

On the basis of material used, global fire barrier wrap sticks market can be segmented as:

  • Polyvinyl
  • Polypropylene
  • Low density polyethylene
  • Nylon
  • Others

On the basis of thickness, global fire barrier wrap sticks market can be segmented as:

  • Below 100 microns
  • 100-150 microns
  • Above 150 microns

On the basis of roll length, global fire barrier wrap sticks market can be segmented as:

  • Below 50 m
  • 50-100 m
  • Above 100 m

On the basis of reflecting technology, global fire barrier wrap sticks market can be segmented as:

  • Prismatic
  • Glass bead reflection

Fire Barrier Wrap Sticks Market: Regional Outlook

Geographically, North America has higher demand for fire barrier wrap sticks market, owing to higher numbers of fire related accidents in the region. The USFA (U.S. Fire Administration) has reported total loss caused due to fire is in millions. Thus, for the fire barrier wrap stick market North America has become more demanding market. In developing countries, such as India, China, Middle East and African countries have increased massive number of building and construction growth, which has made these regions next high demanding countries in the world. European market already has big construction industry, which has made increased opportunities in European countries.

Fire Barrier Wrap Sticks Market: Key Players

  • 3M Company
  • ORAFOL Europe GmbH
  • Arlon Graphics, LLC
  • Nitto Denko Corporation
  • Brady Corporation
  • Godson Tapes Pvt. Limited.
  • Lares International
  • Advance Tapes International Ltd
  • Harris Industries, Inc.
  • Johnson Level & Tool Mfg. Co., Inc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on fire barrier wrap sticks market segments and geographies.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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