1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Fire Door Market to hit $16.7bn by 2024 : Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Fire Door Market size is estimated to exceed USD 16.7 billion by 2024; according to a new research report by Global Market Insights, Inc.  Strong construction output with increasing spending on safety equipment in both commercial as well as residential sector will drive the fire door market growth. Focus on fire safety and prevention from flame spreading in numerous industries has enhanced product demand.  Aluminum fire door market is set to exceed USD 2 billion in sales by 2024. Durability, strength, lasting color appearance and sustainability are key properties driving these products. Increasing material replacement over wood in construction projects due to its superior properties at competitive price will propel industry growth. Key Insights from Fire Door Market:

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Rising casualty rate, property damage and public safety concerns during fire accident will propel industry growth. Increasing consumer safety consciousness along with improved standard of living are the key factors supporting product demand. Extensive R&D along with emergence of flush glazed and double action products will open new opportunities for the business growth.  Flush glazed variants continue to witness significant growth due to rising demand for natural light, ventilation, condensation, noise prevention, well insulated construction, reduced heating & cooling costs and safety & security needs.  Steel, glass and aluminum as per standards with superior resistance from FD 30 to FD 180 are primary raw materials. Steel is among the major revenue contributor, with generating over USD 4.2 billion in 2016. As per insulated steel door institute, advancement in weather strip system along with improvement in insulating technologies will drive product demand. Continued...

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5. Browse Full Market Research Report On Fire Door Market @ https://www.gminsights.com/pressrelease/fire-door-market https://www.gminsights.com/pressrelease/fire-door-market Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1715 1154 https://www.gminsights.com/request-sample/detail/49

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Stringent government regulations and policies by associations including NFPA on building safety codes and fire protection system will fuel industry growth. However, high maintenance & installation cost along with lack of integrity in system are the key factors restraining industry growth.  Sliding variants are anticipated to witness growth over 6.5%. High adoption of horizontal, top hung, double skin insulated panels and telescopic sliding door will propel the product demand. Easy installation, heavy duty protection and use of composite materials will drive growth.  Commercial fire door market was worth over USD 7 billion in 2016. Rapid industrialization along with government compliance on the manufacturing sector including IT parks, textile parks and other industrial hubs particularly in the emerging nations are the key factors fueling the product scope. Continued

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Internal fire door market will witness growth over 7.4% up to 2024. Shifting focus on public safety and minimizing property damage will drive the product demand. Increasing construction expenditure particularly on the residential buildings will fuel the industry growth.  MEA is anticipated to worth more than USD 600 million by 2024. Saudi Arabia will remain dominating followed by UAE in the forecast period. Growing government focus on infrastructure development to enhance tourism accompanied by stringent regulations for safety will propel the industry growth.  Asia Pacific fire door market share accounted for more than 28% in 2016. Growing population, rapid urbanization along with increasing investment on infrastructure development will support the regional demand. Government compliance including subsidies and safety awareness programs are the major factors stimulating the industry demand. Continued

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