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Allied Market Research

Fire Door Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

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Dec 2020 | 38 Views
 
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A fire door refers to a fire-resistant door that is automatically closed to prevent the spread of fire and smoke inside the building. Fire doors are generally painted red in color. It consists of various components like solid timber frame, fire-resistant glass, intumescent seal at the edges of the door, fire alarms, and automatic closing objects at the doors. The intumescent seal expands when the heat level increases, sealing the gaps between the door and the door frame. The components of fire door are required to meet the fire code certifications and approvals by the local authority jurisdiction (AHJ). The fire safety is more important than installing a fire door. There are different fire codes like fd20 and fd30. These code specifically means the fire door has been tested to withstand the fire for 20 or 30 minutes and most commonly FD30 is used as the fire door.

Market scope and structure

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, type, product, and region

  Companies covered

ASSA ABLOY, UK Fire Doors, Chinsun, Howden Joinery, Buyang, Zhucheng Group, Teckntrup, Rapp Marine, Wonly Group, Republic Doors and Frames, Hueck, HORMANN, Jia Hui Doors, Saintgeneral, Simto, Sanwa, Chuntian Group, NINZ, WANJIA, FUSIM, Dali, Meixin, Vista, Taotao, and Schuco

 

 

 

 

 

 

 

Regions covered

North America

Europe

Asia Pacific

LAMEA

US, Canada, and Mexico

Germany, France, UK, Italy, and the Rest of Europe

China, Japan, India, South Korea, and the Rest of Asia Pacific

Latin America, Middle East, and Africa

COVID-19 scenario analysis:

  • The demand for the fire door is expected to decrease in the year 2020 due to lockdown imposed by the government and low demand from construction industries.
  • Coronavirus has affected the import and export of construction materials. China is the largest exporter of construction materials globally. Negative trends in the economy of China are anticipated to reduce the global import and export throughout the globe.
  • Demand for new construction materials have witnessed a massive negative shift since the corona outbreak in December 2019, with manufactures and investors fearing an excessively receding economic growth.
  • Travel prohibitions around the globe have affected the trade of construction materials. Thus, the supply and demand for construction materials are almost halted throughout the globe.
  • Construction materials manufacturing companies located in China, are the major sufferers of from the virus outbreak, owing to lockdown and unavailability of logistics in the region.
  • The major hindrance for the global construction materials market comes from the orders of home quarantine by respective governments, which has led to the discontinuing of production of construction materials.
  • Decreased consumer demand and consumption have led to reduction and slowdown of sales of construction materials all over the globe over the course of the current economic year.
  • Therefore, the fire door market is expected to be negatively affected in 2020.

Top impacting factors: market scenario analysis, trends , drivers, and impact analysis

Increasing awareness of the building safety to reduce or minimize the property damage act as the major growth driver for fire door market. The government initiatives on fire safety and security has also significant contribution in the growth of fire door market. The increasing commercial and residential buildings equipped with the fire resistance equipment's have increased the demand for the fire door in these buildings.

Further, the rising technological innovations considering to the safety and security inside the buildings act as a major growth factor for the fire door market. The U.S in the North America has made it mandatory to install fire doors inside the buildings to ensure safety to the property. Thus, North America hold the largest market share in the fire door market followed by Europe. However the high installation cost and high maintenance cost can hamper the growth of the market. Contrarily, the government regulations on fire safety & security and the building safety codes provide new opportunities for the growth of fire door market.

The global fire door market trends are:

New product launches to flourish the market

In the past few years safety in the buildings has been a major concern especially from fire. On 2019, one of the global leader in fire door manufacturing and supplying Acodor has launched a new product Glazed fire door system with MS & SS frame. These fire doors meet the IS:3614 and BS:476 standards. The Acodor doors offers the stainless steel frame around the steel doors thereby providing maximum area to the steel doors. These stainless steel framed doors are tested for 30min & 60 minutes of fire resistant and smoke control. These fire doors are ideal for the corridors and lift lobbies by providing a high level of fire safety.

High demand from applications :

The commercial and residential applications accounted a major growth in the market of fire doors. The fire doors are installed in various areas like private residential buildings, hospitals, schools & colleges, shopping malls, offices and other commercial buildings for ensuring safety during the outbreak of fire. The fire doors include basic requirements like the fire ratings of 20/30, approved by National Fire protection Association (NFPA) and the doors should be automatically closed during a fire outbreak. In the school & colleges the external fire exit door is installed at the exit gate while the internal fire door are installed in the classrooms , auditoriums and lecture halls. Moreover these fire doors are installed in the office spaces, conference rooms and board rooms to ensure safety not only from fire but also from the smoke and gases by sealing the door and frame by intumescent seal.

Key segments covered:

Segments

Subsegments

  Type

  • Fire timber doors
  • Fire steel doors
  • Fire resistant aluminum door
  • Others

  Product

  • Double action
  • Hinged
  • Sliding
  • Flush-gazed
  • others

  Application

  • Commercial
  • Residential
  • Industrial

 

 

Key benefits of the report:

  • This study presents the analytical depiction of the fire door market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the fire door market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the fire door market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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