Fire-Rated Doors Market to Grow from $42.23B in 2019 to $60.13B by 2027 at 6.1% CAGR

The global fire-rated doors market, valued at $42,228 million in 2019, is projected to reach $60,129 million by 2027, growing at a compound annual growth rate (CAGR) of 6.1% from 2020 to 2027. The increasing emphasis on fire safety, driven by stringent regulations and rising construction activities, is propelling demand for fire-rated doors across residential and non-residential sectors. These specialized doors, designed to resist fire for periods ranging from 20 minutes to 3 hours, are critical for preventing the spread of fire and ensuring occupant safety in buildings worldwide.

Download PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/A06524

Market Overview

Fire-rated doors are engineered to withstand fire and limit its spread, making them essential for both residential and non-residential applications. Manufactured primarily from materials such as wood, metal, and glass, these doors are designed to meet rigorous safety standards. Swinging fire-rated metal doors, known for their durability and fire-resistance capabilities, are particularly popular due to their ease of access and ability to withstand fire for up to 3 hours. The market is driven by the growing need for enhanced building safety, fueled by rapid urbanization, population growth, and increased construction spending.

Fire-rated doors are widely used in commercial settings, such as hotels, offices, and supermarkets, as well as in residential buildings. Their adoption is supported by mandatory safety regulations in many countries, which require the installation of fire-rated doors in public and commercial structures. Additionally, advancements in construction technology and rising demand for replacing traditional doors with fire-resistant alternatives are further boosting market growth.

Market Dynamics

Drivers

Several key factors are driving the growth of the fire-rated doors market:

Stringent Fire Safety Regulations: Governments worldwide are enforcing strict fire safety laws, mandating the use of fire-rated doors in commercial and public buildings. Regulations requiring doors with minimum fire-resistance ratings of 30 or 60 minutes in new and existing structures are significantly contributing to market demand.

Increase in Construction Activities: The surge in residential and commercial construction, particularly in urban areas, is fueling demand for fire-rated doors. Both new building projects and renovations in the industrial and construction sectors are driving market growth.

Rapid Urbanization and Population Growth: The Asia-Pacific region, in particular, is experiencing rapid urbanization and population growth, leading to increased demand for safe and secure building infrastructure. This trend is creating significant opportunities for fire-rated door manufacturers.

Demand for Traditional Door Replacement: In residential areas, there is a growing trend of replacing conventional doors with fire-rated alternatives to enhance safety. This shift is further supported by consumer awareness of fire risks and the benefits of fire-resistant materials.

Restraints

Despite its growth potential, the fire-rated doors market faces challenges. High installation and maintenance costs can deter adoption, particularly in cost-sensitive markets. Additionally, increased competition among manufacturers is exerting downward pressure on prices, which may impact profitability and hinder market expansion.

Opportunities

The market presents several opportunities for growth. Innovations in fire safety technology, coupled with increased investment in research and development, are paving the way for advanced fire-rated door solutions. The growing adoption of home automation products, such as automatic fire-rated doors, is also creating new demand, particularly in residential and commercial spaces aiming to minimize contact with surfaces. Furthermore, partnerships and collaborations among manufacturers can help accelerate production and meet rising demand as the global economy recovers from disruptions.

Impact of COVID-19

The COVID-19 pandemic significantly disrupted the fire-rated doors market, as lockdowns and restrictions halted construction activities and manufacturing operations. The shortage of raw materials and manpower, combined with delays in receiving new consignments, impacted revenue streams for many companies. However, the pandemic also spurred demand for home automation products, such as automatic fire-rated doors, as consumers and businesses sought to reduce physical contact with surfaces. While the market experienced a slowdown, a gradual recovery is anticipated during the 2020-2027 forecast period as construction activities resume and manufacturers scale up production to meet pent-up demand.

Enquire Before Buying@ https://www.alliedmarketresearch.com/purchase-enquiry/A06524

Market Segmentation

The fire-rated doors market is segmented by mechanism, material, end user, and region, providing a comprehensive view of its dynamics.

By Mechanism

Swinging Fire Doors: The dominant segment in 2019, valued for their durability and ease of use.

Sliding Fire Doors: Used in spaces requiring space-saving solutions.

Folding Fire Doors: Ideal for large openings in commercial settings.

Others: Includes specialized mechanisms tailored to specific applications.

By Material

Wood: Offers aesthetic appeal and moderate fire resistance.

Metal: Highly durable with superior fire-resistance capabilities.

Glass: Provides fire resistance while allowing visibility, with the glass segment projected to grow at the highest CAGR.

Others: Includes composite materials and innovative fire-resistant coatings.

By End User

Residential: Driven by demand for safe and secure homes.

Non-Residential: Includes commercial spaces like offices, hotels, and supermarkets, which are major consumers of fire-rated doors.

By Region

North America: Includes the U.S., Canada, and Mexico.

Europe: Covers the UK, Germany, France, Italy, and the rest of Europe.

Asia-Pacific: Encompasses China, India, Japan, and the rest of the region.

LAMEA: Includes Latin America, the Middle East, and Africa.

Regional Insights

North America

North America is a key market for fire-rated doors, driven by high construction spending and stringent building safety regulations. The U.S. and Canada lead the region, with demand fueled by commercial and residential projects prioritizing fire safety.

Europe

Europe's market is characterized by advanced building infrastructure and strict fire safety standards. Countries like the UK, Germany, and France are major contributors, with a focus on incorporating fire-rated doors in both new constructions and renovations.

Asia-Pacific

Asia-Pacific is expected to witness significant growth, driven by rapid urbanization, population growth, and increasing construction activities in countries like China, India, and Japan. The region's large population and rising demand for safe buildings are key growth drivers.

LAMEA

The LAMEA region exhibits varied dynamics, with Latin America and the Middle East driving demand due to expanding construction sectors. In Africa, growing investments in infrastructure are supporting market growth, though adoption remains slower compared to other regions.

Full Report With TOC https://www.alliedmarketresearch.com/fire-rated-doors-market-A06524

Competitive Landscape

Key players in the fire-rated doors market include Agta Record Ltd, ASSA ABLOY Group, GEZE GmbH, Godrej & Boyce Manufacturing Company Limited, Griffon Corporation Inc., JELD-WEN Holding, Inc, Lindner Group KG, MANUSA GEST, S.L., Nabtesco Corporation, and Sanwa Holdings Corporation. These companies are focusing on business expansion and acquisitions to strengthen their market presence.

Recent Developments

May 2018: ASSA ABLOY Group acquired Pioneer Industries, a U.S.-based manufacturer of fire-rated doors, to expand its commercial product portfolio.

Key Benefits for Stakeholders

This report offers a comprehensive analysis of the fire-rated doors market, including:

Detailed insights into current and emerging trends from 2020 to 2027.

In-depth market estimations for key segments and regions.

Competitive analysis of top players and their strategies.

Identification of growth opportunities and market drivers.

Comprehensive regional analysis to highlight prevailing opportunities.

Related Links

Automatic Door market https://www.alliedmarketresearch.com/automatic-door-market
Revolving Doors Market https://www.alliedmarketresearch.com/revolving-doors-market-A16977

Contact Us:

United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

This release was published on openPR.