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Selbyville, Delaware, May 06, 2021 (GLOBE NEWSWIRE) — Credible estimates cite that global fire-rated doors market valuation accounted for USD 42.2 billion in 2019 and is projected to record a compound annual growth rate of 6.1% to amass USD 67.8 billion by the year 2027. The lucrative growth is attributed to swift urbanization and industrialization, along with rising home and infrastructure remodeling activities across the globe.
According to U.N. Department of Economic and Social Affairs, 68% of global population is speculated to live in urban areas by the year 2050, with China recording addition of 255 million urban residents, 416 million in India, and 189 million in Nigeria.
As per the report, worldwide fire-rated doors market is scrutinized with respect to mechanism, material, and end-users. It further provides insights about the production and consumption graph, while elaborating on the industry share held by each segment and their contribution towards the market remuneration. Moreover, information about the regional marketplaces, alongside vendors operating in different geographies, with their business profile and product portfolio, and expansion strategies undertaken by them are entailed in the study document.
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For the unversed, fire-rated doors are known to avert the spread of fire and minimize smoke dispersion across various compartments of the building, thereby providing safe escape route. Emphasis on ensuring the safety of dwellers and reducing producing property damage, in consort with surge in construction of residential as well as non-residential structures inline with fire safety measures are stimulating worldwide fire-rated doors market outlook.
On the contrary, unstable raw material prices, alongside high cost of predictive maintenance of automatic doorways are acting as major restraints in the industry scenario.
Market segmentation:
Based on mechanism, global fire-rated doors industry is classified into sliding fire doors, folding doors, swinging fire doors, and others. Speaking of material used, the marketplace is categorized into glass, metal, and wood among others. While, various end-users are non-residential, and residential.
Regional outlook:
Expert analysts claim that Europe spearheaded the global fire-rated door market expansion in the past year, owing to stringent building safety regulations, and public awareness regarding the same.
Parallelly, Asia Pacific industry share is slated to grow momentously over 2020-2027, on account of improved cognizance about safety standards in the region, in tandem with willingness of builders to follow guidelines and adopt precautionary measures.
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Global Fire-rated Door Market by Mechanism Type (Revenue, USD Billion, 2017-2027)
- Folding Doors
- Swinging Fire Doors
- Sliding Fire Doors
- Others
Global Fire-rated Door Market by Material Ambit (Revenue, USD Billion, 2017-2027)
Global Fire-rated Door Market End-user Spectrum (Revenue, USD Billion, 2017-2027)
- Residential
- Non-residential
Global Fire-rated Door Market Regional Landscape (Revenue, USD Billion, 2017-2027)
North America
Latin America
Europe
- U.K.
- Spain
- Germany
- Italy
- France
Asia Pacific
RoW
Global Fire-rated Door Market Competitive Hierarchy (Revenue, USD Billion, 2017-2027)
- Sanwa Holdings Corporation
- Nabtesco Corporation
- MANUSA GEST S.L.
- Lindner Group KG
- JELD-WEN Holding Inc.
- Griffon Corporation
- Godrej & Boyce Manufacturing Co. Ltd.
- GEZE GmbH
- Assa Abloy AB
- Agta Record Ltd.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Fire-rated Doors Market, by Mechanisms, 2018-2027 (USD Billion)
1.2.2. Fire-rated Doors Market, by Material, 2018-2027 (USD Billion)
1.2.3. Fire-rated Doors Market, by End Users, 2018-2027 (USD Billion
1.2.4. Fire-rated Doors Market, By Region, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fire-rated Doors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fire-rated Doors Market Dynamics
3.1. Fire-rated Doors Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Fire-rated Doors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Fire-rated Doors Market, by Mechanism
5.1. Market Snapshot
5.2. Global Fire-rated Doors Market by Source, Performance – Potential Analysis
5.3. Global Fire-rated Doors Market Estimates & Forecasts by Mechanism 2018-2027 (USD Billion)
5.4. Fire-rated Doors Market, Sub Segment Analysis
5.4.1. Swinging Fire Doors
5.4.2. Sliding Fire Doors
5.4.3. Folding Fire Doors
5.4.4. Others
Chapter 6. Global Fire-rated Doors Market, by Material
6.1. Market Snapshot
6.2. Global Fire-rated Doors Market by Source, Performance – Potential Analysis
6.3. Global Fire-rated Doors Market Estimates & Forecasts by Material 2018-2027 (USD Billion)
6.4. Fire-rated Doors Market, Sub Segment Analysis
6.4.1. Wood
6.4.2. Metal
6.4.3. Glass
6.4.4. Others
Chapter 7. Global Fire-rated Doors Market, by End Users
7.1. Market Snapshot
7.2. Global Fire-rated Doors Market by Source, Performance – Potential Analysis
7.3. Global Fire-rated Doors Market Estimates & Forecasts by End Users 2018-2027 (USD Billion)
7.4. Fire-rated Doors Market, Sub Segment Analysis
7.4.1. Residential
7.4.2. Non Residential
Chapter 8. Global Fire-rated Doors Market, Regional Analysis
Related Report:
Fire Door Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026
The fire door market is anticipated to witness a remunerative growth trend in coming years owing to the increasing introduction of stringent regulatory codes for fire safety & security across residential as well as commercial structures. Fire doors are an important element of any building as they give a safe exit way for the residents, staff, and visitors during emergencies where evacuation of the building is required. A well-made timber fire door can effectively delay the spread of smoke and fire without causing any barrier to the movement of goods and people.
The Middle East & Africa fire door market is likely to witness gains of 7.4% CAGR over the forecast timeframe. Recovery of real estate and construction activities in recent years will support the product demand. Other factors driving regional demand include growth in hospitality, retail, residential verticals, transportation and government sectors.
In terms of product, the fire door market is categorized into flush glazed fire door, fabric fire doors/curtains, double action fire door, hinged fire door, and sliding fire door. The fabric fire doors/curtains segment will exhibit over 5.2% CAGR over the forecast timeframe. Fire protective curtains create a fire barrier for sufficient number of areas without the need of any corner columns or post. Some of the applications include escalators, stairwells, and atriums etc. Fabric curtains are the best fire protection closure solution for areas in buildings where the integrity of the architecture is condemning.
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