Fire door market by material, application, product, region 2017 2024

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Fire Door Market By Material, Application,
product, Region 2017-2024 Fractovia.org
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Key Insights of Boom Trucks Market

• The world is witnessing a major shift in the
  global consumer base in terms of safety
  consciousness, which will fuel Fire Door Market
  size. Global spending in constructional
  activities which is slated to cross USD 15.88
  trillion by 2024, will play a key role in
  influencing fire door industry trends in the
  coming years. Increased expenditure in
  infrastructural developments have resulted in a
  noticeable shift toward safety equipment, both
  across residential and commercial domains. This
  is evident from the statistics - global fire door
  industry size from commercial applications, in
  2016, held a valuation of USD 7 billion. In
  addition to this, increasing prevalence of fire
  accidents across the globe has markedly brought
  about a renewed attention to safety codes of
  buildings, which in a way is impelling the fire
  door industry.
• Aluminum, steel, glass, timber, vermiculate, and
  gypsum are the various raw materials that are
  being widely used in fire door manufacturing
  process. High strength, durability, low
  maintenance cost, and ductility, being some of
  the unique properties of aluminum, has led to its
  extensive utilization in the manufacturing of
  fire doors. Estimates depict that aluminum based
  fire door industry in the coming seven years will
  witness substantial gains, with a target
  valuation of more than USD 2 billion by the end
  of 2024.

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Continued

• Taking into consideration the product terrain,
  sliding fire door industry has been gaining
  popularity, subject to the products easy
  installation, compact construction, double
  skinned insulated panels, and lightweight
  structure. Having already penetrated a
  billion-dollar business space in 2016, sliding
  fire door industry is expected to witness an
  appreciable growth at an annual rate of 6.5 over
  2017-2024. Other than sliding doors, flush glazed
  models are also likely to witness a steep growth
  curve with a CAGR projection of 9 over the
  coming seven years.
• Accounting for 33 of the overall volume, Europe
  fire door industry witnessed an upper hand over
  APAC in 2016. With U.K., Germany, and France as
  the major revenue pockets, the region is expected
  to grow massively over the years ahead. Analysts
  assert that the development of the commercial
  sector and the products robust deployment in
  commercial domains can be mainly credited for the
  excellent growth rate.
• Following similar trends, APAC fire door industry
  represented 28 of the global share in 2016. The
  escalating population curve, growing
  urbanization, and increasing investments in
  constructional activities will lead APAC fire
  door industry to witness highest growth over
  2017-2024.

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Europe Fire Door Market Size, By Product,
2016-2024 (USD Million)

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