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2020
Fire-rated Doors Market

Fire-rated Doors Market

by Mechanism (Swinging Fire Doors, Sliding Fire Doors, Folding Doors, and Others), Material (Wood, Glass, Metal, and Others), and End User (Residential and Non-residential): Global Opportunity Analysis and Industry Forecast, 2020-2027

Report Code: A06524
Pages: 237
Jun 2020 | 6993 Views
Author(s) : Priyanka K, Amol P , Onkar S
Tables: 107
Charts: 66
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COVID-19

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The global fire-rated doors market size is expected to reach $60,129 millionin 2027, from $42,228 millionin 2019, growing at a CAGR of 6.1% from 2020 to 2027.Fire-rated doors possessfire-resistance capacity and are used to avoid the spread of fire. Fire-rated doors are used in residential and non-residential areas.They are mainly manufactured using wood, metal, or glass.

The swinging fire metal doors are highly durable, easy to access, and havea fire-resistance capacity of 20 minutes to 3 hours. In addition, an increase in residential and commercial construction activities is expected to boost the growth of the market. Furthermore, the commercial and industrial users aremajor consumers of interior and exterior fire-rated doors.High adoption of advanced technology along with huge construction spending among Europe and North America are expected to drive the growth of the fire-rated doors market. Moreover, increase in new building activities across the industrial and construction sector boosts the market growth.

fire-rated-doors-market-2020-2027-1593157087

Astringent reinforcement of the fire safety laws as well as huge government spending for fire safety activities drives the growth of the market.Rapid urbanization and a large population contribute to the growth of the market in Asia-Pacific. An increase in demand for fire-rated doors from various residential and commercial sectors is anticipated to drive the growth of the market.Some guidelines promoting the fire-rated doors with minimum 60 mins and 30 mins door in new and existing buildings will support the fire-rated doors during the forecast period.Rise in demand for traditional door replacement will propel fire-rated doors from the residential areas. In some non-residential sectors such as hotels, offices, supermarkets, and others are using fire-rated doors in the non-residential areas. Such factors are expected to boost the growth of the fire-rated doors market.

The fire-rated doors market has witnessed significant growth over the past decade, owing to rise in building safety concerns and stringentnorms on fire protection. Many countries have made it compulsoryto install fire doors in commercial and public buildings, which arelikely to create a demand for fire-rated doors globally. The stringent building safety regulation in developed nations is expected to drive the growth of the fire-rated doors market during the forecast period.Growing advancement in building infrastructure with security and safety is anticipated to boost the growth of the market.An innovational technology in the construction sector regarding fire safety and increase in investment in R&D are expected to provide lucrative opportunity for the growth of the market during the forecast period.

However, high installation costs and high maintenance is expected to hamper the growth of the market. In addition, the manufacturers are facing downward price pressure due to an increase in competition that may hamper the growth of the market. 

The COVID-19 pandemic has forced many companies in the global fire rated doors market to halt their business operations to comply with new government regulations for curbing the spread of COVID-19. This pause in operations directly impacts the revenue flow of the global fire rated doors market. In addition, there is a halt in production of fire rated doors due to shortage of raw materials. In addition, no new consignments are being received by the companies operating in this sector. However, the demand for home automation products such as automatic doors, and others have increased in near term forecast to ensure less contact with the solid objects in the houses & commercial spaces. Hence, halt in construction activities and lockdowns for several months have affected the market of global fire rated doors, with slow recovery is anticipated during 2020-2027.

Furthermore, once this epidemicculminates and the present situation stabilizes, fire rated door manufacturers will have to scale up production rapidly to make up for the lost time and catch-up on orders that have droppedowing to the lockdown in different countries across the globe. To accelerate the process, companies would need to contemplate to work in partnership and use their distinct strengths to get back on track at the earliest.

Fire-rated Doors Market
By Material

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Glass segment is projected to grow at a highest CAGR

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The global fire-rated doors market is segmented into mechanism, material, enduser, and region. By mechanism, the market is categorized into swinging fire doors, sliding fire doors, folding fire doors, and others. Depending on material, it is segregated into wood, metal, glass, and others. On the basis of enduser, it is differentiated into residential and non-residential. 

Fire-rated Doors Market
By Mechanism

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Swinging segment holds dominant position in 2019

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The global fire-rated doors market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). 

Competition Analysis

The key market players profiled in the report include Agta Record Ltd, ASSA ABLOY Group, GEZE GmbH, Godrej & Boyce Manufacturing Company Limited, Griffon Corporation Inc., JELD-WEN Holding, Inc, Lindner Group KG, MANUSA GEST, S.L., Nabtesco Corporation, and Sanwa Holdings Corporation.

Many competitors in the fire-rated doors market adopted business expansion and acquisition as their key developmental strategiesto expand their geographical foothold and upgrade their product technologies. For instance, in May 2018, ASSA ABLOY Group acquired Pioneer Industries, which is a U.S.-based manufacturer of fire-rated doors for commercial application. It provides products such as heavy-duty doors, interior doors, andfire-rated doors for commercial applications. 

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging global fire-rated doorsmarket trends and dynamics.  

  • In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027. 

  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

  • A comprehensive fire-rated doors market opportunity analysis of all the countries is also provided in the report.

  • The global fire-rated doors market forecast analysis from 2020 to 2027 is included in the report.

  • The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helpunderst and the competitive outlook of the industry.

Global Fire-rated Doors Market Segments

By Mechanims

  • Swinging Fire Doors
  • Sliding Fire Doors
  • Folding Fire Doors
  • Others

By Material

  • Wood
  • Metal
  • Glass
  • Others

By Enduser

  • Residential
  • Non-residential 

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Agta Record Ltd
  • ASSA ABLOY Group
  • GEZE GmbH
  • Godrej & Boyce Manufacturing Company Limited
  • Griffon Corporation Inc.
  • JELD-WEN Holding, Inc
  • Lindner Group KG
  • MANUSA GEST, S.L.
  • Nabtesco Corporation
  • Sanwa Holdings Corporation
 

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The fire-rated doors market has witnessed significant growth over the past few years, due to increase in population and stringent rules and regulations with regards to fire safety. Fire-rated doors are manufactured using various materials such as wood, metal, glass, and others.

An increase in demand for traditional door replacement is expected to boost the fire rated doors market size from the residential sectors. A rise in demand for fire-rated doors for commercial and residential applications equipped with stringent safety regulation will drive the growth of the fire rated doors market. Moreover, surge in disposable income of people and rise in demand to renovate homes boost the growth of the fire rated doors market. However, increase in competition among market players due to large number of regional as well as multinational manufacturers is expected to hamper the growth of the market. Increase in construction and renovation activities in municipal buildings, churches, museums, commercial buildings, and others boost the growth of the market. 

The key players dealing in the fire-rated doors market have adopted strategies such as acquisition and business expansion to sustain the intense competition. For instance, JELD_WEN Holding, Inc acquired Austria-based Domoferm GmbH & Co KG, which is a leading producer of commercial and domestic doors. Through this acquisition, the door solutions offering of the company was strengthened for the Europe Division. It offers internal fire-rated doors with FD30 and FD60 resistance capacity. FD30 has 30 minutes fire resistance capacity and FD60 has 60 minutes fire-resistance capacity. Thus, all these factors together are anticipated to contribute toward the growth of the global fire-rated doors market.

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FREQUENTLY ASKED QUESTIONS?

A. The fire rated doors market size was $42,228 million in 2019 and is projected to reach $60,129 million in 2027, growing at a CAGR of 6.1% from 2020 to 2027.

A. The forecast period considered for the fire rated doors market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. To get latest version of fire rated doors market report can be obtained on demand from the website

A. The base year considered in the fire rated doors market is 2019.

A. The report for global fire rated doors market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. On the basis of material type, the metal segment is expected to be the most influencing segment growing in the fire rated doors market report.

A. Based on the end-user, in 2019, the non-residential segment generated the highest revenue, accounting for almost three-fourths of the market, and is projected to grow at a CAGR of 5.9% from 2020 to 2027.

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