The Latin America, Middle East and Africa Fire Protection System Pipes Market would witness market growth of 9.9% CAGR during the forecast period (2023-2029).
Iron pipes can easily handle extremely high heat pressures and are fireproof. Therefore, when a sudden fire breaks out in the establishment, one can be sure they will remain secure and unharmed, preventing accidents. Galvanized pipes are used because of their strength and easy installation. Galvanized pipes are appropriate for pre-action fire suppression systems. Due to their special qualities, which include durability, resistance to corrosion, and water resistance, they can be used in dry and wet applications. Because they can endure heat and water, this allows them to be utilized for longer, rendering them the ideal material for pipes for the pre-action system.
The fire protection system pipes market finds significant application in educational or academic buildings. These establishments necessitate safeguarding against fire hazards. In addition, the buildings are regularly occupied by a large number of individuals for extended periods each day. As a result, fire protection systems have been implemented to safeguard their well-being and reduce the likelihood of any potential fire hazards. Implementing fire detection, prevention, and sprinkler systems significantly enhances fire protection measures in educational institutions. Similarly, the necessity of fire prevention systems in all large commercial spaces drives the demand for pipes.
Brazil's national fire prevention strategy mostly centers on-the-ground environmental law enforcement activities to combat and restrain illicit fire activities. However, to lessen the negative effects of fires and comply with the objectives outlined in international agreements, Brazil has also regulated fire use rules, developed particular databases and legislation to support fire monitoring activities, and promoted projects founded on technical cooperation commitments with other countries.
The region's biggest residential and commercial sector continues in the United Arab Emirates (UAE). The need for fire protection solutions is anticipated to increase as authorities require that strict fire protection standards be implemented in structures. Both Oman and Qatar have economies that rely heavily on oil and are significant consumers of fire safety gear. Hence, the region's fire protection system pipes market will increase due to the rapidly expanding demand for it.
The Brazil market dominated the LAMEA Fire Protection System Pipes Market by Country in 2022; thereby, achieving a market value of $596 million by 2029. The Argentina market is experiencing a CAGR of 10.5% during (2023 - 2029). Additionally, The UAE market would witness a CAGR of 9.6% during (2023 - 2029).
Based on End User, the market is segmented into Industrial (Oil & Gas, Energy & Power, Manufacturing & Mining, Transportation & Logistics and Others), Commercial (Healthcare, Office Buildings, Educational Institutes, Hospitality and Others) and Residential. Based on Material, the market is segmented into Steel, CPVC and Copper. Based on Application, the market is segmented into Fire Sprinkler System and Fire Suppression System. Based on Type, the market is segmented into Welded Pipes and Seamless Pipes. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Fire Protection System Pipes Market is Projected to reach USD 31 Billion by 2029, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, TATA Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.), Simona AG, Astral Limited, China Lesso Group Holdings Ltd, Octal Steel, Jindal Industries Pvt. Ltd., Zekalman Industries, Federal Steel supply, and Tianjin Profound Multinational Trade Co., Ltd. (TPMCSTEEL)
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