“According to the Occupational Safety and Health Administration (OSHA), fire doors not be held open unless equipped with a device that releases the door upon activation of a fire alarm such as an electromagnetic hold-open device. Moreover, fire doors must be certified by a recognized testing laboratory such as underwriter’s laboratories and must have the laboratory’s certification label on the edge.”
The article cited AMA's "Global Fireproof Doors Market Study" explored CAGR of 6.1%. According to the report, Increasing Focus towards Minimizing Property Damage In Case Of Fire is one of the primary growth factors for the market. Growing Awareness of Building Safety
is also expected to contribute significantly to the Fireproof Doors market. Overall, Commercial
applications of Fireproof Doors, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Material, such as Steel, is boosting the Fireproof Doors market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Fireproof Doors market identified that the demand is rising in many different parts of the world as "Increasing Spending On Residential and Commercial Buildings
". Furthermore, some recent industry insights like "In August 2022, Passive fire protection systems specialist Promat UK has developed two new steel framed glazed door systems and a timber door set to provide specifiers with assured fire safety solutions in domestic, public and commercial buildings. and The new steel frame doors, PYROSEC Door and PYROSEC SLIMLITE, allow fire doors to be integrated into fire resistance screens and partitions with ease – maximising light transmission and vision without compromising safety." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Fireproof Doors market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fireproof Doors market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.