Global Fire-Rated Doors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
By definition, a fire rated door is an entryway or door manufactured with the purpose to resist spreading fire if any part of your commercial structure catches fire. If a fire breaks out in the kitchen, with fire rated doors in place, and with all doors closed, the fire will take longer to spread to the dining room and break room.
Market Overview:The latest research study on the global Fire-Rated Doors market finds that the global Fire-Rated Doors market reached a value of USD 12510.34 million in 2022. It’s expected that the market will achieve USD 19471.35 million by 2028, exhibiting a CAGR of 7.65% during the forecast period.
Market Drivers, Trends and Issues
The rise in the incidence of fires and the growth of the construction industry are driving the growth of the global fire door market share. Favorable government regulations that help reduce fires have fueled the industry demand for fire doors. In addition, the government's focus on providing export channels for people in the event of a fire and the forced installation of fire doors in public and commercial buildings have spurred business expansion. The demand for fire protection products in commercial sectors such as shopping malls and amusement parks is increasing to reduce the loss of life and property and has a positive impact on the growth of the industry.
Region Overview:From 2023-2028, Europe is estimated to witness robust growth prospects.
Company Overview:The top three companies are ASSA ABLOY, JELD WEN and Howden Joinery with the revenue market share of 3.48%, 3.45% and 1.71% in 2018.
Assa Abloy AB is a Swedish conglomerate whose offerings cover products and services ranging from locks, doors, gates and entrance automation. This also includes controlling identities with keys, cards, tags, mobile and bio-metric identity verification systems.
JELD-WEN is an American company with its headquarters in Charlotte, North Carolina. The company operates more than 120 manufacturing facilities in 19 countries. JELD-WEN designs, produces and distributes interior and exterior doors, wood, vinyl and aluminum windows, wall systems, shower enclosures, closet systems and other components used in the new construction, as well as repair and remodel of residential homes and non-residential buildings.
Segmentation Overview:Among different product types, Fire Resistance Steel Door segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Commercial segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Fire-Rated Doors market covered in Chapter 3:JELD WEN
Nihon Funen Co.Ltd
Chase Door
NINZ
Vista Panels
Novoferm
Chinsun
Republic Doors and Frames
SANWA SHUTTER CORPORATION
Chuntian Group
Simto
Meixin
ASSA ABLOY
Saintgeneral
HORMANN
Buyang
Wonly Group
Howden Joinery
In Chapter 4 and Chapter 14.2, on the basis of types, the Fire-Rated Doors market from 2018 to 2029 is primarily split into:Fireproof Wooden Door
Fire Resistance Steel Door
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fire-Rated Doors market from 2018 to 2029 covers:Industry
Commercial
Household
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)