Fire Door Market 2020 - Notable Developments & Key Players Analysis to 2026
Category: #headlines  By Rahul Varpe  Date: 2020-11-02
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Fire Door Market 2020 - Notable Developments & Key Players Analysis to 2026

The Middle East & Africa fire door market is likely to witness gains of 7.4% CAGR over the forecast timeframe. Recovery of real estate and construction activities in recent years will support the product demand. Other factors driving regional demand include growth in hospitality, retail, residential verticals, transportation and government sectors.

The vermiculate boards material segment will exhibit over 2.7% CAGR over the projected time period. Increasing popularity of vermiculite boards free from toxic content such as benzene and formaldehyde are likely to support material demand.

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The fire door market is anticipated to witness a remunerative growth trend in coming years owing to the increasing introduction of stringent regulatory codes for fire safety & security across residential as well as commercial structures.

Fire doors are an important element of any building as they give a safe exit way for the residents, staff, and visitors during emergencies where evacuation of the building is required. A well-made timber fire door can effectively delay the spread of smoke and fire without causing any barrier to the movement of goods and people.

Based on material, the fire door market is classified into vermiculate boards, aluminum, timber, gypsum, steel, and glass. The gypsum material segment will exhibit over 3.8% CAGR over the forecast timeframe. High moisture content and easy fabrication process will support material application scope over the projected time period.

The aluminum material segment is likely to exhibit over 5.4% CAGR over the forecast time period. Aluminum is widely utilized for producing fire rated door with intermediate materials like timber, steel, and glass. Key properties such as high durability, sustainability, long lasting color appeal, and strength are driving material demand.

Europe fire door market is anticipated to witness gains of 2.9% CAGR over the forecast timeframe. Strict regulatory codes for fire safety & security, industrial safety & workshops and sustainable housing will drive the fire door market size.

In terms of product, the fire door market is categorized into flush glazed fire door, fabric fire doors/curtains, double action fire door, hinged fire door, and sliding fire door. The fabric fire doors/curtains segment will exhibit over 5.2% CAGR over the forecast timeframe. Fire protective curtains create a fire barrier for sufficient number of areas without the need of any corner columns or post. Some of the applications include escalators, stairwells, and atriums etc. Fabric curtains are the best fire protection closure solution for areas in buildings where the integrity of the architecture is condemning.

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The flush glazed fire door segment is likely to exhibit over 6.6% CAGR over the projected time frame. In flush glazed door types, the glass is built and deploy directly to the door during the manufacturing process. This procedure eradicates the necessity of any additional frame as well as offers high performance weather seal.

 

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. 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 ...

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