Top Ten Manufacturer In Hollow Metal Doors 2022 and 2032: ASSA ABLOY., Beacon Metals & Hardware Inc., Overly Door Co., Door Components Inc, Apex Industries Inc, Dunbarton Corporation, Michbi Doors Inc

The global hollow metal doors market is estimated to increase at a value CAGR of 3.6% and reach a market valuation of US$ 4.82 Bn by the end of 2032, according the detailed industry analysis by Persistence Market Research.

Since security is a concern in every working environment, there is growing demand for hollow metal doors across the industrial, residential, and commercial sectors. Factor such as durability, strength, security, lightweight, robustness, resistance to a harsh environment, less maintenance, and well-insulated materials are driving the global market for hollow metal doors. Sales have also been supported by rising customer preference for hollow metal doors as a better alternative to wooden doors.

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Significant improvements in hollow metal door designs, manufacturing techniques, and core material have been achieved to fulfill shifting market demands and application-specific requirements to maintain market competitiveness.

Key Takeaways from Market Study

By product type, flush hollow metal doors and paneled hollow metal doors are projected to hold a market volume share of around 60% by 2032.
The honeycomb core material segment is anticipated to hold the largest market share of more than 30%.

By end use, the industrial sector is projected to create an absolute $ opportunity of US$ 547.5 Mn by 2032.

By region, East Asia and North America are expected to account for more than half of the global market share.

"Increasing construction of residential & commercial spaces and growing industrialization are expected to have a beneficial effect on market growth," says a Persistence Market Research analyst.

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Market Landscape

To improve product reliability, manufacturers are working to develop techniques for hollow metal doors taking into account end-user requirements. Companies are expanding their market presence by equipping hollow metal doors with advanced features to provide the perfect combination of security and different door styles.

There has been a significant increase in Y-o-Y growth in 2022 as compared to the historic period due to the increasing demand for the renovation of aging infrastructure across the world.

Most new and modernized building projects in the commercial, institutional, and healthcare sectors now use hollow metal doors. These doors can be used with automatic door operators and are available at different security levels with explosion-proof and bulletproof versions. They are also extremely fire-resistant and are available with UL-listed fire ratings of up to 2 hours.

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Some of the key hollow metal door manufacturers included in the report are:

ASSA ABLOY
Beacon Metals & Hardware Inc.
Deansteel Manufacturing Co Inc.
Overly Door Co.
Door Components Inc.
Apex Industries Inc.
Dunbarton Corporation
Mesker Door Inc.
Eightynine, LLC
Quality Engineered Products Co.
Houston-Starr Company.
Conclusion

Increasing demand from end-user sectors such as commercial, industrial, and residential is expected to fuel the growth of the hollow metal doors market over the coming years. The market is expected to grow as more people now prefer buying metal doors over other material-based doors.

Explore PMR's Extensive Coverage on Industrial Automation Domain - https://www.globenewswire.com/news-release/2022/09/01/2508659/0/en/Hollow-Metal-Doors-Market-Revenue-is-expected-to-reach-US-4-82-Bn-by-2032-Persistence-Market-Research.html

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This release was published on openPR.