Fire Door Market In-depth Analysis and forecasts by 2027
Category: #business  By Rahul Varpe  Date: 2022-07-22
  • share
  • Twitter
  • Facebook
  • LinkedIn
Fire Door Market In-depth Analysis and forecasts by 2027

The global fire door market is slated to register momentous gains by 2027 on the back of the various residential and commercial construction initiatives being undertaken across the world. To give a much needed boost that would bring the economy out of the COVID-19 slump, several global governments are kicking off ambitious infrastructure initiatives while also making it easy for private players to undertake new construction projects.

Across the EU alone, the construction sector provides employment to more than 18 million individuals and contributes to approximately 9% of the European Union's GDP. The industry also creates new employment opportunities, fuels economic growth, and offers solutions for climate, social, and energy challenges.

Irrespective of whether a building is for commercial purposes or residential purposes, fire doors are one of the most essential fixtures in the structures. These highly-specialized doors are strenuously tested against elements and are purpose-built to endure fires for as much a time as possible. Fire doors enable buildings to be compartmentalized and put a delay to the spread of the fire.

The overall fire door market is classified into different segments on the basis of material, product, end-use, application, regional landscape.

Based on material, the market is categorized into glass, steel, timber, gypsum, aluminum, vermiculate, and boards. Among these, the aluminum fire door market likely to showcase a CAGR of more than 5.6% through the forecast timeframe.

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

Aluminum is a widely used material for manufacturing fire rated door with intermediate materials such as glass, steel, and timber. Key properties such as high durability, long lasting color appeal, strength, and sustainability are driving material demand.

The vermiculate boards segment is projected to generate a revenue of more than $295.32 million by the end of 2027. The segment is likely to showcase a CAGR of more than 3.0% through the forecast timeframe to reach this valuation.

Increasing popularity of vermiculite boards free from toxic content such as formaldehyde and benzene likely to support material demand. Stringent government regulations pertaining to sustainable construction material likely to propel segment growth.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/1715

From a regional standpoint, the MEA fore door market is anticipated to witness a surge in product demand due to stringent government policies. These policies are forcing replacement of outdated and existing structures.

Recovery of real estate and construction activities in recent years will also support the product demand. Other factors driving regional demand include growth in transportation and government sectors, hospitality, retail, and residential verticals.

In the Gulf Cooperation Council (GCC), there are approximately 30 mega-construction projects as of early 2020. These projects represent more than $1 trillion in terms of investment. Over the next decade, these initiatives would help revitalize the GCC economies.

Table Of Content

Chapter 1   Methodology and Scope

1.1    Market definitions

1.2    Base estimates and working

1.2.1    North America

1.2.2    Europe

1.2.3    Asia Pacific

1.2.4    Latin America

1.2.5    MEA

1.3    Forecast parameters

1.3.1    COVID-19 impact on forecast calculation

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid

1.4.2.2    Unpaid

Chapter 2   Executive Summary

2.1    Fire Door market 360° synopsis, 2017 – 2027

2.1.1    Business trends

2.1.2    Material trends

2.1.3    Product trends

2.1.4    Application trends

2.1.5    end-use trends

2.1.6    Regional trends

Browse more reports -

Aerogel Insulation Market - https://www.marketwatch.com/press-release/aerogel-insulation-market-share-forecasts-regional-trends-growth-drivers-2022-07-21

Concrete Densification & Polishing Material Market - https://www.marketwatch.com/press-release/concrete-densification-polishing-material-market-outlook-2019---growth-drivers-opportunities-and-forecast-analysis-to-2025-2022-07-21

Polymeric Sand Market - https://www.marketwatch.com/press-release/polymeric-sand-market-latest-trends-development-growth-analysis-and-forecast-by-2025-2022-07-21

Smoke Pressure System Market - https://www.marketwatch.com/press-release/smoke-pressure-system-market-research-report-analysis-by-competition-sales-revenue-market-size-2022-07-21

  • share
  • Twitter
  • Facebook
  • LinkedIn

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 ...

Read More >>

More News By Rahul Varpe

Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
By Rahul Varpe

The construction site preparation equipment market is expected to grow substantially by 2028 on account of rising number of public infrastructure development projects worldwide. In addition, increasing investments towards R&D activities from manu...

Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
By Rahul Varpe

The concrete chain saw market is slated to witness exponential growth by 2028 on account of the booming construction and building maintenance sector around the world. In addition, growing awareness regarding the benefits of using a concrete chainsaw ...

Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
By Rahul Varpe

The stand tile saw market is poised to expand substantially by 2028 on account of burgeoning number of construction activities around the globe. In addition, rapid urbanization and rising consumer spending across key regions are likely to further pro...