+1-888-308-5802     
News Contact Us

Fire Door Market 2019-24 By Product, Material & Applications

Author : Rahul Varpe | Published Date : 2019-09-10 

Fire Door Market size 2019-2024 report, added by Global Market Insights, unveils the current & future growth trends of this business sphere in addition to outlining details regarding the myriad geographies that form a part of the regional spectrum of Fire Door Market. Intricate details about the supply & demand analysis, contributions by the top players, and market share growth statistics of the industry are also elucidated in the report.

Steel is projected to hold a dominating share in the global fire doors market, registering over USD 7.5 billion revenue by 2024. Improved strength along with better durability will escalate the product scope. Higher protection along with improved aesthetics are among the key factors fueling the business demand. Availability of design and size customizations will positively influence the industry share.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/1715

An increasing count of educational institutes, hospitals, and hotels will stimulate the industry growth in the commercial segment. Increasing government focus on buildings adhering to maintain minimum safety norms will boost the business expansion. The rapid development of the construction sector in-line with smart city projects is expected to create new growth opportunities. Design innovations for better aesthetic appearance accompanied by high safety features is propelling the market growth.

Hinged door sales were over USD 5.5 billion in 2017. Cost competitiveness along with the effective fire resistance capacity will surge the product penetration. Minimal maintenance cost along with enhanced fire protection is augmenting the market growth. External use fire doors accounted for over 85% of the share in 2017. Mandatory installation requirements in housing and commercial buildings will boost the fire doors market growth. Enhanced design options to make the product sustainable and trendy will support the product demand over the forecast timeframe.Sliding doors will witness a significant growth due to its benefits with respect to space saving, easy access, effective glazing, improved security, and availability of multiple styles. The product is more appropriate for small areas with limited space. Factors including economical maintenance, contemporary style, high durability, larger air ventilation across the room, and convenient large traffic movement will support product penetration in the market.

The commercial sector will witness over 6.5% growth from 2018 to 2024. Rapid expansion of commercial buildings due to rising industrialization is positively influencing the market development. Increasing government spending on hospital safety to reduce fire incidences will stimulate the industry growth.

Make an Inquiry for purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/1715

Asia Pacific was valued at witnessing sales at over 2.5 billion in 2017. The infrastructure investment spree and thriving residential sector have gradually started to spur demand for construction. Rising count of offices, growing travel & tourism sector, coupled with stringent government norms with respect to building security is fueling the market growth. China, India, Australia, and South Korea are among the key revenue generating countries.

The global industry share is highly competitive with the presence of large multinationals, along with presence of regional manufacturers. The key industry players in the market include Hormann, Chase, Mesker, Nihon Funen, Assa Abloy, Naffco, Rapp Bomek, and Vista Panels. Other prominent players include Fusim, Agta Record, Buyang Group, Jia Hui, and Taotao. Mergers & acquisitions to expand the product portfolio along with expanding the distribution network are among the major strategies observed in the industry.

Related News - https://medium.com/market-news-forecast/air-compressor-market-revenue-2019-top-players-gardner-denver-ingersoll-rand-elgi-equipments-204cb71abc7c

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com/
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Concrete Floor Coatings Market Statistics: 2019-2024 Global Share Report

Published Date: 2019-09-20         Author: Rahul Varpe

As per a report by Global Market Insights, Inc., Concrete floor coatings market is projected to record a 7% CAGR over 2016-2024 and exceed a market valuation of USD 1.5 billion by 2024. Global Concrete Floor Coatings Market is poised to witness a major upswing with the soaring construction industry ... Read More

Smart And Interactive Textiles Market 2019: Regional Trends, Opportunities & Growth Forecasts To 2024

Published Date: 2019-09-20         Author: Rahul Varpe

Global Market Insights, Inc. adds Global Smart And Interactive Textiles Market Research its online database. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. Speaking of which, smart textiles find massive applications in the retai... Read More

Smart And Interactive Textiles Market to witness a steady growth over the forecast timeframe

Published Date: 2019-09-20         Author: Rahul Varpe

Global Market Insights, Inc. adds Global Smart And Interactive Textiles Market Research its online database. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. Excellent growth prospects have been forecast for Smart And Interactive Tex... Read More

© 2019 Fractovia. All Rights Reserved