Global Fire Protection System Pipes Market Size 2024, Forecast To 2033

The fire protection system pipes market has experienced strong growth, rising from $15.52 billion in 2023 to $16.43 billion in 2024, showcasing a notable compound annual growth rate (CAGR) of 5.9%. The growth during the historic period is attributed to factors such as the enforcement of stringent building codes and regulations, the increasing pace of urbanization and construction activities, growing awareness of fire safety, increased investments in infrastructure development, and a rise in fire incidents and losses. Turning towards 2028, the fire protection system pipes market is projected to experience strong growth, reaching $20.96 billion at a CAGR of 6.3%. The anticipated growth in the forecast period is linked to factors including integration with building automation systems, rising demand in the oil and gas industry, strategic partnerships and collaborations, a focus on sustainable and eco-friendly solutions, and the expansion of the warehousing and logistics sector. Major trends for 2028 encompass the use of advanced materials for pipe construction, the integration of smart technologies, a focus on lightweight and flexible pipes, increased emphasis on retrofitting, and the adoption of pre-engineered systems.