PUBLISHER: Value Market Research | PRODUCT CODE: 1547851
PUBLISHER: Value Market Research | PRODUCT CODE: 1547851
The global demand for Fire Doors Market is presumed to reach the market size of nearly USD 28.59 BN by 2032 from USD 15.28 BN in 2023 with a CAGR of 7.21% under the study period 2024-2032.
A fire door, as the name suggests act as a fire-resistance, utilized as a major aspect of an fire protection system to lessen the spread of fire and smoke between discrete compartments of a structure and to empower safe departure from a structure or structure or boat. These doors are an integral part of a fire safety plan. They are found in business, modern, institutional, and retail settings. They are additionally utilized in any areas or spaces where fire may spread, for example, counter spaces, administration entryways, and in parking structures. These doors are certified for 30 minutes, 60 minutes, 90 minutes, and 120 minutes fire rating insulation integrity and stability.
The growing fire incidents globally and rising practice of developing, approving, and enforcing building codes are driving the growth of the market. The necessity of these doors is regulated by national building codes as well as directives of local fire fighting and municipal authorities. In 2017, U.S. fire departments reacted to 1,319,500 fires. In fact, as indicated by the National Fire Protection Association (NFPA), a U.S. fire department reacted to a fire every 24 seconds. Owing to the, rising fire incidences, the building code has become law of a particular jurisdiction enacted by the appropriate governmental or private authority. The rising construction and rehabilitation of infrastructure will create demand for more doors. The growing awareness about how to protect public health, maintain safety and general welfare related to the construction and occupancy of buildings and structures will amplify the growth pace.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Fire Doors. The growth and trends of Fire Doors industry provide a holistic approach to this study.
This section of the Fire Doors market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Fire Doors market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Fire Doors market include Nihon Funen Co. Ltd, ASSA ABLOY, HoRmann Beteiligungs GmbH, Rapp Bomek AS, Chase Doors, Vista Panels Limited, UK Fire Doors Ltd., Republic Doors And Frames, Mesker Openings Group, China Buyang Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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