Press release
Fire Door Market Trend, Revenue & Growth Analysis 2024 By Top Manufacturers ASSA ABLOY Group, Howden Joinery, Nihon Funen, Kingdom, Wanjia, Saintgeneral, Jia Hui, Wanjia, Simto, Zhucheng and Simto.
Fire Door Market size is estimated to exceed USD 16.7 billion by 2024. Strong construction output with increasing spending on safety equipment in both commercial as well as residential sector will drive the fire door market growth. Focus on fire safety and prevention from flame spreading in numerous industries has enhanced product demand.Aluminum Fire Door Market is set to exceed USD 2 billion in sales by 2024. Durability, strength, lasting color appearance and sustainability are key properties driving these products. Increasing material replacement over wood in construction projects due to its superior properties at competitive price will propel industry growth.
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Rising casualty rate, property damage and public safety concerns during fire accident will propel industry growth. Increasing consumer safety consciousness along with improved standard of living are the key factors supporting product demand. Extensive R&D along with emergence of flush glazed and double action products will open new opportunities for the business growth.
Flush glazed variants continue to witness significant growth due to rising demand for natural light, ventilation, condensation, noise prevention, well insulated construction, reduced heating & cooling costs and safety & security needs.
Steel, glass and aluminum as per standards with superior resistance from FD 30 to FD 180 are primary raw materials. Steel is among the major revenue contributor, with generating over USD 4.2 billion in 2016. As per insulated steel door institute, advancement in weather strip system along with improvement in insulating technologies will drive product demand.
Commercial fire door market was worth over USD 7 billion in 2016. Rapid industrialization along with government compliance on the manufacturing sector including IT parks, textile parks and other industrial hubs particularly in the emerging nations are the key factors fueling the product scope.
Internal fire door market will witness growth over 7.4% up to 2024. Shifting focus on public safety and minimizing property damage will drive the product demand. Increasing construction expenditure particularly on the residential buildings will fuel the industry growth.
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Asia Pacific fire door market share accounted for more than 28% in 2016. Growing population, rapid urbanization along with increasing investment on infrastructure development will support the regional demand. Government compliance including subsidies and safety awareness programs are the major factors stimulating the industry demand.
Europe fire door market is estimated to witness CAGR exceeding 6% up to 2024. High adoption of advanced technology along with increasing construction spending on commercial buildings are the driving factors for the product scope. Increasing safety concerns among consumers along with regulatory compliance will drive the regional demand.
Fire door market share is competitive with major players including Agta Record, Assa Abloy, Essex Ford Joinery, Mesker, Howden Joinery, Nihon Funen, Kingdom, Wanjia, Saintgeneral, Jia Hui, Wanjia, Simto, Zhucheng and Simto.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Fire door market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Product trends
2.1.4. Application trends
2.1.5. End use trends
2.1.6. Regional trends
Chapter 3. Fire Door Industry Insights
3.1. Fire Door Industry segmentation
3.2. Fire Door Industry landscape, 2013 - 2024
3.3. Fire Door Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufactures
3.4. Distribution channel analysis
3.4.1. B2B
3.4.2. B2C
3.5. Vendor Matrix
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3.5.1. Product Portfolio
3.5.2. Global presence
3.6. Door market outlook
3.6.1. Trends
3.6.2. Door industry analysis & forecast 2013-2024
3.6.3. Market share analysis
3.7. Best practices & key buying criteria
3.7.1. Consumer buying behavior analysis
3.7.2. Demographic impact
3.7.3. Micro & macro-economic factors influencing demand
3.7.3.1. Massive/upcoming housing projects
3.7.3.2. Infrastructure development
3.7.3.3. Others
3.8. Technology & innovation landscape
3.9. Raw material trends
3.9.1. Glass
3.9.2. Steel
3.9.3. Timber
3.9.4. Gypsum
3.9.5. Aluminum
3.9.6. Vermiculate boards
3.10. Regulatory landscape
3.10.1. Fire & life safety code
3.10.2. NFPA Regulation
3.11. Pricing Trends
3.11.1. Regional pricing
3.11.1.1. North America
3.11.1.2. Europe
3.11.1.3. APAC
3.11.1.4. LATAM
3.11.1.5. MEA
3.11.2. Cost structure analysis
3.12. Industry impact forces
3.12.1. Growth drivers
3.12.2. Industry pitfalls & challenge
3.13. Growth potential analysis
3.14. Porter's analysis
3.15. Competitive landscape, 2016
3.15.1. Strategy dashboard
3.16. PESTEL analysis
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Fire Door Market size is estimated to exceed USD 16.7 billion by 2024
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