Diversification has brought one of the major boons to the wall and ceilings industries and it is the built-in winning combination of giving the contractor means for improving their bid package and expand product line for greater profitability. Moreover, various contractors have found variation of the catalyst in building their businesses and have been looking into the opportunities provided by hollow metal doors. Contractors are also discovering that hollow metal doors make good sense to interior finishing systems.
In order to meet the multitude of doorway needs in the overall construction industry, hollow metal doors were introduced in the market for both interior as well as exterior use. Hollow metal doors are primarily utilized in the new and retrofit construction projects for commercial, educational and healthcare sectors. Hollow metal doors are made up of reinforced steel sheets and filled with various insulation materials such as kraft honeycomb, polyurethane and polystyrene etc.
Hollow metal doors provide various advantages as compared to their counterparts available in the market which include durability, longer life with little or no maintenance, ability to withstand wear and tear, etc. Further, galvanized steel doors manufactured by several players are rust resistant, and they also provide insulated doors which combine weather stripping and good threshold which helps in energy savings.
Global Hollow Metal Doors Market: Segmentation
Globally, the Hollow Metal Doors market can be segmented on the basis of product type and end-use.
Based on the product type, the global hollow metal doors market can be segmented into
Based on the end-use, the global hollow metal doors market can be segmented into
Global Hollow Metal Doors Market: Dynamics
In any renovation or remodelling job, door openings and doors are the prime candidates for alteration. For modernization of apartments, office buildings, hospitals, schools, hotels, and other commercial and institutional structures, hollow metal doors are winning increased acceptance over the wood because of their durability, versatility and ease of installation and maintenance. Further, accelerating trend is the demand for greater security, energy conservation and fire safety. Thus, the aforementioned factors are expected to boost the demand for hollow metal doors during the forecast period.
On the other hand, high product cost as compared to that of other alternatives available in the market such as wood based doors are the key factors restraining the growth of the global hollow metal doors market.
Manufacturers of hollow metal doors are focusing on meeting the consumer demand with the utilization of advanced materials in the doors. The core material (mainly steel) used in a hollow metal door provides superior insulation and also it is highly resistant to both break-ins and fire. This is one of the key trend identified in the global hollow metal doors market.
Global Hollow Metal Doors Market: Regional Outlook
Considering regions, the global Hollow Metal Doors market is expected to be dominated by Asia-Pacific region owing to the rising maintenance and construction related activities across the developing nations such as China and India. Asia-Pacific is anticipated to be followed by Europe and North America in the hollow metal doors market in the near future. Middle East and Africa is expected to grow at moderate rate in the market during the forecast period, and Latin America is expected to grow at slow rate over the coming years.
Global Hollow Metal Doors Market: Market Participants
Examples of some of the market participants involved in the global Hollow Metal Doors market include TRUDOOR, LLC, BARON Metal Industries, Inc., CURRIES, Ceco Door, GH Hollow Metal Doors & Frames Industries Corp, S.W. Fleming Limited, Plyer Enterprises, Inc., Concept Frames, Inc., Shanahans Limited Partnership, Houston-Starr Company, DCI, Beacon Metals, Inc., ARCAT, Inc.
The global hollow metal doors market is found to be one of the most fragmented market in nature as there are large number of players (both global and regional) involved in the manufacturing.
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