Major fire door market participants include Hormann, AM Technology, Chase Door, MeskerDoor, UK Fire Doors Ltd., Nihon Funen, and Republic Doors and Frames, among others.
September 16, 2021 (Newswire.com) –
The fire door market revenue is anticipated to record a valuation of USD 17.8 billion by 2027, according to the most recent study by Global Market Insights Inc. Infrastructure development is a key factor, affecting the productivity of developed and emerging economies. Additionally, global population growth is another factor in infrastructure development. The growing demand for commercial and residential properties equipped with strict building safety regulations will propel the market demand.
Timber fire doors will be valued at over USD 3.3 billion by 2027. Timber offers a traditional design, along with the durability required by clients. It is mainly used in the entrance doors of carved houses and gives an aesthetic advantage to the infrastructure, which will drive the market growth.
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Based on product, double-action fire doors are growing at a CAGR of 5.8% through 2027. Double action doors offer great convenience in opening and closing, as the door returns to the closed position by the action of the hinge. Neither tilt door closers nor floor springs are required. Being easy to install, closing & opening without pivoting, and self-closing systems are the key features of double action doors, which are positively influencing the market growth.
The flush glazed fire door is anticipated to generate a revenue of around USD 2 billion by 2027 at a CAGR of 6.8%. In flush glazed doors, glass is made and installed directly on the door during the manufacturing process. This process eliminates the need for any additional frames and provides high weather protection. Such trends will bolster the segment’s growth.
Based on end-use, the external fire door market is set to reach USD 15 billion by 2027. A regulatory framework that facilitates exits and provides effective fire protection to building entrances has fueled the growth of the external fire door market. The growing use of highly rated flame retardant materials coupled with advancements in materials science will drive demand in the industry. Instructions defining the location of the external fire doors within the building structure to ensure rapid evacuation will facilitate product penetration.
Europe’s fire door market is growing at a CAGR of around 4% through 2027. Low inflation coupled with reduced fiscal tightening is expected to increase construction spending in this region. Stringent government regulations on fire safety and industrial & occupational safety will determine the fire door market size. Prevention against fire accidents will support the industry demand. Germany and the UK are potential countries in the European fire door market.
Key industry participants operating in the industry are Hormann, AM Technology, Chase Door, MeskerDoor, UK Fire Doors Ltd., Nihon Funen, and Republic Doors and Frames, among others.
Some major findings of the fire door market report include:
- Rising investments in the residential construction segment coupled with an increasing demand for remodeling projects will drive the fire door market.
- Consumers and governments are increasingly focusing on improving safety & security.
- An increase in the number of fire-related incidents, which is one of the key factors driving the fire door market growth.
- Regulatory and government focus on fire safety & security will boost the market growth.
- Increased fluctuations in material costs due to changes in the supply & demand and production costs, which are major factors affecting the sales of fire doors worldwide.
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Partial chapters of report table of contents (TOC):
Chapter 3 Fire Door Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2017 – 2027
3.2.1 COVID-19 impact on industry landscape
3.3 Industry ecosystem analysis
3.3.1 Raw materials analysis
126.96.36.199 COVID-19 impact on raw material supply
188.8.131.52 Challenges faced by the raw materials suppliers
184.108.40.206 Challenges faced by the fire door manufacturers
3.3.3 Distribution channel analysis
3.3.4 Profit margin
3.3.5 Value addition
3.3.6 Value chain disruption analysis
3.3.7 Vendor matrix
220.127.116.11 List of key raw materials manufacturers/suppliers
18.104.22.168 List of key manufacturers/distributors
22.214.171.124 List of end-users
3.4 Fire rated door structure analysis
3.4.1 Solid wood door
3.4.2 Honeycomb wood
3.4.3 Particle board
3.5 List of key manufacturers and distributors by timber type
3.5.1 Solid wood door
3.5.2 Particle board core board
3.5.3 Blackboard core door
3.5.4 Structural composite lumber door
3.6 Technology and innovation landscape
3.6.1 Production process
3.6.2 Innovative materials and products
126.96.36.199 Intumescent strips
188.8.131.52 Modified glass door
184.108.40.206 Sustainable products
3.6.3 Innovations in door and hardware component
3.6.4 CNC bending and cutting
3.6.5 Special purpose doors
3.7 Raw material trends
3.7.6 Vermiculate boards
3.7.7 Comparison between steel, wood, and aluminum-based doors
3.8 Regulatory trends
220.127.116.11 Fire & life safety code
18.104.22.168 Fire rating requirements for doors at various locations
22.214.171.124 NFPA Regulation
126.96.36.199 Testing labels
188.8.131.52 Door & Frame
184.108.40.206 GB 12955-2008
220.127.116.11 GB 14101-1993
18.104.22.168 EN 16034
22.214.171.124 EN 1634
3.9 Industry best practices and key buying criteria
3.9.1 Customer buying behavior analysis
3.9.2 Demographic impact
3.9.3 Micro & macro-economic factors influencing demand
126.96.36.199 Massive housing projects in pipeline
188.8.131.52 Infrastructure development
3.10 Pricing analysis
3.10.1 Regional price trends
3.10.2 Cost structure analysis
3.10.3 COVID-19 impact on pricing
3.10.4 Cost structure analysis
184.108.40.206 R&D cost
220.127.116.11 Manufacturing & equipment cost
18.104.22.168 Raw material cost
22.214.171.124 Distribution cost
126.96.36.199 Operating cost
188.8.131.52 Miscellaneous cost
3.11 Industry impact forces
3.11.1 Growth drivers
184.108.40.206 Sturdy increase in necessity for safety & security coupled with escalating number of fire incidences
220.127.116.11 Residential & commercial construction growth and expansion in infrastructural renovation projects
18.104.22.168 Regulatory and government focus on fire safety & security
3.11.2 Industry pitfalls & challenges
22.214.171.124 Fluctuating raw material costs
3.12 Global door market outlook
126.96.36.199 Construction sector expansion
3.12.2 Consumer requirements
3.13 Growth potential analysis, 2020
3.14 Competitive landscape, 2020
3.14.1 Company market share analysis, 2020
3.14.2 Strategy dashboard
3.15 Porter’s analysis
3.15.1 Supplier power
3.15.2 Buyer power
3.15.3 Threat of new entrants
3.15.4 Threat of substitute
3.15.5 Industry rivalry
3.16 PESTEL analysis
3.17 COVID-19 impact on fire door industry
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Source: Global Market Insights Inc.