Global Fire Doors Market Share is Likely to Grow at a CAGR Value of 5.10% By 2028

29-Aug-2022 | Facts and Factors

According to Facts and Factors, the global fire doors market size was worth USD 12.3 billion in 2021 and is estimated to grow to USD 16.6 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.10% over the forecast period. The report analyzes the fire doors market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the fire doors market.

Global Fire Doors Market Size

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A fire door is a door that is fire-resistant and automatically closes to stop fire and smoke from spreading within the structure. Red paint is typically used to decorate fire doors. It has various parts, including a robust wood frame, fire alarms, fire-resistant glass, an intumescent seal around the door's edges, and devices at the doors that automatically close. When the heat level rises, the intumescent seal expands and fills the gaps between the door and the door frame. The local authority requires the fire door components to comply with the fire code certifications and approvals (AHJ). Installing a fire door is not as crucial as fire safety. Different fire codes exist, including FD20 and FD30. These codes imply that the fire door has been evaluated to withstand the fire for 20 or 30 minutes, with FD30 being the most frequently utilized fire door.

Browse the full “Fire Doors Market Size, Share, Growth Analysis Report By Material (Glass, Steel, Timber, Gypsum, Aluminum, Vermiculate Boards) By Product (Hinged, Double Action, Sliding, Fabric Fire Doors/Curtains, Flush Glazed), By Application (Residential, Commercial), By End Use (Internal, External), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/fire-doors-market

The main growth driver for the fire door market is the rise in building safety awareness, which helps to prevent or at least lessen property loss. The government's activities on fire safety and security have significantly contributed to the expansion of the market for fire doors. The need for fire doors in these buildings has increased as the number of commercial and residential structures outfitted with fire-resistant technology has increased. The market for fire doors has grown thanks to their use in both business and residential settings significantly. To provide safety during a fire outbreak, fire doors are built in various locations, including hospitals, schools & colleges, private residential buildings, shopping malls, businesses, and other commercial buildings.

Additionally, the market for fire doors is expected to increase significantly due to the emerging technological innovations regarding the safety and security inside structures. The expansion of the fire doors industry's size can be attributed to increasing investments in R&D activities, the entry of new players, product innovation, technological advancements, efficient resource allocation, and growing competition between business rivals to increase their regional as well as customer bases. However, the market's expansion may be hampered by the expensive installation and maintenance costs. Contrarily, the building safety norms and government requirements regarding fire safety and security offer new prospects for the growth of the fire doors market.

The global fire doors market is segregated based on material, product, application, end-user, and region. Based on material, the market is segregated into the glass, steel, timber, gypsum, aluminum and vermiculate boards. In 2021, the glass segment dominated the global fire doors market. Based on the product, the market is segregated into the hinged, double action, sliding, fabric fire doors/curtains and flush glazed. In 2021, the hinged category dominated the global fire doors market. Based on application, the market is divided into residential and commercial. In 2021, the residential segment dominated the global fire doors market. Based on end use, the market is segmented into internal and external. In 2021, the outer segment dominated the global fire doors market.

The global fire doors market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America dominated the global market for fire doors in 2021 because it is sought after by various end-use industries. The growing population, assisted by rising urbanization and modifications in domestic manufacturing activity, is one factor that propels the regional market's rise. The government's support of using fire doors and growing construction costs will increase industry demand. Due to the high risk of fire fatalities in many American states, the need for fire prevention equipment has skyrocketed. Government and institutional actions to guarantee less human and property damage during fire incidents will also be driving factors in the regional demand. Low inflation and friendly environmental regulations will also help with product distribution.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 12.3 Billion

Projected Market Size in 2028

USD 16.6 Billion

CAGR Growth Rate

5.10% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Hormann, MeskerDoor, UK Fire Doors Ltd., Nihon Funen, AM Technology, Chase Door, Republic Doors and Frames, and Others

Key Segment

By Material, Product, Application, End-use, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

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Key players in the global fire doors market include Hormann, MeskerDoor, UK Fire Doors Ltd., Nihon Funen, AM Technology, Chase Door, and Republic Doors and Frames.

Global Fire Doors Market is segmented as follows:

By Material

  • Glass
  • Steel
  • Timber
  • Gypsum
  • Aluminum
  • Vermiculate Boards

By Product

  • Hinged
  • Double action
  • Sliding
  • Fabric Fire Doors/Curtains
  • Flush glazed

By Application

  • Residential
  • Commercial

By End-use

  • Internal
  • External

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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