Global Fire-rated Doors Market was valued at USD 42.2 Billion in 2019 and expected to grow with a CAGR 6.1% over the forecast period 2020-2027. A fire door refers to fire resistance which is used to reduce the disperse of smoke and fire between various compartments of a building and to allow safe escape from the building or structure. It play important role in minimizing the property damage and saving lives. Rapid urbanization & industrialization and increase in consumer spending on home remodeling are the key driver of global fire rated doors market. For instance, as per U.S. department of economics and social affairs 68% of total world population projected to live in urban areas by 2050. By 2050, it is projected that China will added 255 million urban residents, India 416 million and Nigeria 189 million. Furthermore, surge in residential & non-residential construction and growing awareness regarding safety from fires are also driving factors of market. Despite that, fluctuating raw material prices and high initial costs and predictive maintenance for automatic fire rated doors restrain market growth over the forecasting period 2020-2027.

The regional analysis of the Fire-rated Doors Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. In which, Europe is dominating the market owing strict safety regulations for buildings and rising consumer awareness in the region. However, Asia Pacific is projected the fastest growth in the region due to increasing consumer preferences for precaution and safety products in the region and safety regulations.

Key Players in Global Fire-rated Doors Market
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

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Mechanisms:
Swinging Fire Doors
Sliding Fire Doors
Folding Fire Doors
Others
By Material:
Wood
Metal
Glass
Others
By End Users:
Residential
Non-Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy

Asia Pacific
China
India
Japan
Australia


Latin America
Brazil
Mexico
Rest of LA
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027

Target Audience of Global Fire-rated Doors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors