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The latest Fire Door market analysis and research report talks about major applications of Fire Door, growth of these segments as well as offers insights into companyu2019s active in this industry and their information.
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Fire Door Market Analysis by Regional Outlook and Segments till 2026 • Strict regulatory mandates on a global scale for the prevention of fire-related mishaps and subsequent human and property damage is adding impetus to fire door industry outlook. For instance, a new consortium with representatives from over 50 building & construction safety enterprises across the globe, dubbed the IFSS (International Fire Safety Standards) Coalition, has recently published a draft of fire safety principles that are universally applicable, with a finalized version of the document to be made available in summer 2020. • Escalating demand for robust fire safety measures from commercial and residential construction sectors will propel fire door market share over the forecast spell. Based on estimated from authentic reports, the global fire door market size is poised to surpass $13 billion by 2026. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
These emerging standards coupled with strong government focus on the safety of public occupants during fire-related incidents is likely to contribute significantly to fire door market expansion over the projected timeline. Industry development is also bolstered by stringent norms promoting the usage of fire door across various escape routes such as stairwell access routes, corridors and loft conversions, among others. • Based on material, the fire door industry is classified into gypsum, vermiculate boards, timber, aluminum, steel and glass. Among these, the timber segment is expected to hold a commendable share of nearly 18% in the overall revenue share by 2026. The segment is further bifurcated into block board core, particle board core door, structural composite lumber core and solid wood door. Timber-based fire doors combine both the conventional design as well as strength characteristics required by consumers. • The sliding door segment is projected to register remuneration of more than $1.5 billion in the global fire door business landscape by 2026. Sliding accordion fire doors deliver multiple benefits, including lesser opening and closing space requirements than other counterparts. These fire doors deliver airtight insulation and demonstrate robust potential in application sectors such as theaters, shopping malls, factory warehouses and shop fronts, among others. Additionally, high aesthetic appeal of the product is anticipated to augment global fire door market dynamics over the estimated timeline. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • The Latin America fire door industry is estimated to exhibit a growth rate of over 5.1% CAGR through 2026. This growth is attributable mainly to the recovering construction industry, as well as burgeoning financial interest from the government for commercial and infrastructural projects across the region. Industry penetration is further accelerated by lower inflation rates and favorable environmental regulations. • Competitive Analysis • Key fire door industry players are becoming increasingly more engaged in collaborations, expansion and other strategic tactics to achieve a stronghold in the overall market scenario. For instance, Assa Abloy has recently received approval from the European Commission under the EU Merger Regulation, for its planned acquisition of Agta Record. Other key participants in the fire door market space include Essexford Joinery Works Limited, Vista Panels Limited, Rapp Bomek, Taotao Group, HörmannBeteiligungs, Mesker Openings Group, Wangli Group Co., UK Fire Doors, Zhejiang Jiahui Doors, Chase Industries, Fusim Group Co. and Nihon Funen Co., among others. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/1715 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Fire Door Market @ https://www.gminsights.com/industry-analysis/fire-door-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1715 Request for customization: https://www.gminsights.com/roc/1715 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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