Fire-Rated Doors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global fire-rated doors market size reached US$ 45.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 58.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.
Fire-rated doors refer to a gate that possesses the fire-resistance capacity to prevent fire and smoke from spreading within a building. They are manufactured using wood, metal, or glass. They are generally red in color and consist of an intumescent seal around the door's edges. A fire-rated door is required to have a certification label as proof of the test performed to determine its fire resistance level. These doors help inhibit the spread of the fire, minimize the overall property damage, and facilitate fast, safe, and minimal-encounter evacuation. As a result, fire-rated doors find extensive applications across residential, commercial, and industrial establishments.
Fire-Rated Doors Market Trends:
The rising building safety concerns due to escalating fire accidents are one of the key factors driving the market growth. In line with this, the growing construction of residential complexes and housing partners impelled by rapid urbanization is acting as another growth-inducing factor. Fire-rated doors usually exist as entrance and back doors and cabinet doors for easy opening as they exhibit a small footprint and are easy to install. Apart from this, the introduction of fire-rated doors with improved appearance, high performance, and superior protective properties that ensure fire safety among property premises is providing an impetus to the market growth. Additionally, the increasing demand for glass fire-rated doors essentially used in areas where rating and aesthetic look is important, such as lift corridors, building entry, and separation partition in hospitals, hotel lobbies, offices, personal cabins, and railways, is propelling the market growth. Other factors, including the implementation of stringent fire hazard safety regulations by government bodies to ensure building safety, increasing infrastructural renovation projects, and numerous research and development (R&D) activities to launch enhanced and durable fire-rated doors, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fire-rated doors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on mechanisms, material and end use.
Breakup by Mechanisms:
Swinging Fire Doors
Sliding Fire Doors
Folding Fire Doors
Others
Breakup by Material:
Wood
Metal
Glass
Others
Breakup by End Use:
Residential
Non-Residential
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Assa Abloy AB, Chase Industries Inc., Chongqing Mexin Messon Doors Industry Co. Ltd., Howden Joinery Ltd, JELD- WEN Holding Inc., Lindner Group, Manusa Gest Sl, Ninz Spa, Novoferm GmbH (Sanwa Holdings Corporation), Shakti Hörmann Private Limited, Vista Panels and Wonly Group Company Limited.
Key Questions Answered in This Report
1. What was the size of the global fire-rated doors market in 2022?
2. What is the expected growth rate of the global fire-rated doors market during 2023-2028?
3. What are the key factors driving the global fire-rated doors market?
4. What has been the impact of COVID-19 on the global fire-rated doors market?
5. What is the breakup of the global fire-rated doors market based on the mechanisms?
6. What is the breakup of the global fire-rated doors market based on the end use?
7. What are the key regions in the global fire-rated doors market?
8. Who are the key players/companies in the global fire-rated doors market?