Press release
Hollow Metal Doors Market is expected to reach US$ 4.82 Bn by 2032|Key Players- ASSA ABLOY, Overly Door & more
Hollow Metal Doors Market 2022 to 2032Persistence Market Research estimates that by the end of 2021, the global hollow metal doors market will have generated US$3.3 billion in sales. By 2032, the market for hollow metal doors is anticipated to reach US$4.82 billion, growing at a CAGR of 3.6%.
Currently, sales of hollow metal doors make up 10% to 15% of the market for metal doors worldwide.
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The Hollow Metal Doors Market is a competitive industry that has seen rapid growth over the past few years. Hollow metal doors are used in a variety of applications, such as commercial and industrial buildings, residential homes, and other special projects. Hollow metal doors provide excellent protection against fire, sound, moisture, and security threats while also providing aesthetic appeal.
Key Players-
• ASSA ABLOY.
• Beacon Metals & Hardware Inc.
• Deansteel Manufacturing Co Inc.
• Quality Engineered Products Co.
• Overly Door Co.
• Door Components Inc
• Apex Industries Inc
• Dunbarton Corporation
• Michbi Doors Inc and more
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.
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.
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by Product Type:
• Flush Hollow Metal Doors
• Hollow Metal Doors with Windows
• Paneled Hollow Metal Doors
• Others
by Core Material:
• Honeycomb
• Polystyrene
• Polyurethane
• Steel Stiffened
• Mineral Core
by End Use:
• Residential
• Commercial
• Industrial
by Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa
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Manufacturers have been investing heavily in research and development to produce high-quality products at competitive prices. Hollow metal doors come in many sizes and shapes with various hardware options to meet different needs. The market has grown rapidly due to advances in technology that allow for greater durability and energy efficiency of hollow metal doors on the market today.
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