PUBLISHER: Grand View Research | PRODUCT CODE: 1575212
PUBLISHER: Grand View Research | PRODUCT CODE: 1575212
The global fire doors and partitions market size was estimated at USD 31.30 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030. Rising usage of electrical appliances and equipment in various residential, commercial, and industrial settings and relatively increasing fire incidents are significantly driving the growth of the fire doors & partitions market. Further, the growth in the construction of high-rise buildings across the world and the challenges faced in case of fire incidents due to lack of accessibility. These challenges have led to increasing demand for the construction of technologically improved materials that will provide increased safety. Fire doors and partitions having fire-resistant or retardant characteristics play a vital role in these high-rise buildings in the events like fire breakout.
Fire doors and partitions are made from various materials such as metal, glass, timber, gypsum, etc. Material analysis is a crucial aspect of understanding this market as materials not only determine the effectiveness of fire doors and partitions in preventing the spread of fire but also influence their aesthetics, durability, cost, and regulatory compliance. Fire-resistant glass has gained popularity in fire doors and partitions, offering a blend of functionality and aesthetics.
Growing awareness about fire safety measures among property owners and the corporate sector also contributing significantly to the adoption of fire doors and partitions. As society becomes more knowledgeable about the risks and potential devastating effects of fires, there is a greater demand for effective fire safety solutions, installation, action, and proper maintenance of fire doors.
Global Fire Doors And Partitions Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the fire doors and partitions market based on material, application, and region: