Fire Door Market 2020 Detail Analysis Focusing On Application, Types And Regional Outlook-2025
Fire Door Market is valued at USD 10.66 Billion in 2018 and expected to reach USD 15.40 Billion by 2025 with the CAGR of 5.4% over the forecast period.
Fire Door Market delivers a succinct analysis on industry size, regional growth and revenue forecasts for the upcoming years. The report further sheds light on significant challenges and latest growth strategies adopted by manufacturers who are a part of the competitive spectrum of this business domain.
Key Players Fire Door Market Reports-
Chinsun
Howden Joinery
ASSA ABLOY
Buyang
Dali
Meixin
Vista
Rapp Marine
Wonly Group
Hueck
HORMANN
Jia Hui Doors
Saintgeneral
Simto
Sanwa
Chuntian Group
Schuco
NINZ
WANJIA
FUSIM
Republic Doors and Frames
UK Fire Doors Taotao
Zhucheng Group
Teckntrup
Others.
Fire Door Market Dynamics –
Increasing development of the construction industry, growing awareness on building safety and initiatives to minimize property damage in case of fire are key impacting factors deriving the growth of the global fire door market. According to statistics there was, 2% increases (USD44 billion) in U.S. healthcare construction spending in 2019. Moreover, rise in investment in the global construction sector, specifically in the residential and commercial sector, growing population and urbanization, these factors will increases the market growth in forecast period. According to the Our World in Data, more than 4 billion people live in urban areas across the globe. However, high installation cost and high maintenance will hamper the development of fire door market. However, innovative technology in domestic sectors regarding fire safety and the increasing investment in research and development are expected to boost the opportunity for the growth of fire door market in forcast peried.
Fire Door Market Regional Analysis –
North America is expected to dominate the fire door market with the highest share in forcaste peried due to rising awareness among the people about fire safety, rapid economic recovery, growth in population & urbanization and increase in government efforts to enhance residential & public infrastructure with stringent building safety regulations. These factors are expected to contribute to the regional growth in the forecast period. UN estimates that 54 percent of people in the world lived in urban areas in 2016 and United Nation projected that 68 % of the world’s population will live in urban areas by 2050.
Key Benefits for Fire Door Market Reports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
Fire Door Market Segmentation –
By Material: Glass, Steel, Gypsum, Timber (Solid wood door, Particle board core door, Block board core door, Structural composite lumber core door), Aluminum, Vermiculate boards
By Product: Hinged fire door, Double action fire door, Sliding fire door, Fabric fire doors/curtains, Flush glazed fire door
By End-Use: Internal use, External use
By Application: Residential, Commercial, Others
Get Sample Copy of This Premium Report @ https://industrystatsreport.com/Request/Sample?ResearchPostId=12865&RequestType=Sample