Market Study on Hollow Metal Doors: Demand for Flush & Panelled Doors to Remain Substantial in Future

NEW YORK, NEW YORK, UNITED STATES, February 6, 2023 /EINPresswire.com/ -- Hollow Metal Doors Market

The global hollow metal doors market is currently valued at US$ 3.39 Bn. Worldwide demand for hollow metal doors is expected to reach US$ 4.82 Bn by 2032. Sales of hollow metal doors are slated to increase at a CAGR of 3.6% from 2022 to 2032.

The U.S., S. Korea, Japan, China, and Canada are lucrative markets for hollow metal door suppliers. Together, Japan & S. Korea account for 12.9% share of the global market (2022). The market for hollow metal doors in the U.S. is projected to expand at 4% CAGR through 2032.

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The Hollow Metal Doors Market has experienced significant growth in recent years, as increased construction activity and a growing preference for high-security solutions have driven strong demand for Hollow Metal Doors (HMDs). Hollow Metal Doors are widely used in commercial, industrial, and institutional settings due to their durability and high security performance. Hollow Metal Doors are also becoming increasingly popular with homeowners as a cost-effective option for providing residential security.

Hollow Metal Doors offer numerous advantages over other door materials such as wood or fiberglass. Hollow metal is incredibly difficult to penetrate, making it an effective deterrent against forced entry. Additionally, Hollow Metal Doors are exceptionally durable and can withstand extreme weather conditions without deteriorating. Hollow Metal Doors also require less maintenance than other materials due to their superior corrosion resistance.

Key Companies- 

• ASSA ABLOY.
• Beacon Metals & Hardware Inc.
• Deansteel Manufacturing Co Inc.
• Quality Engineered Products Co.
• Overly Door Co.
• Door Components Inc
• Apex Industries Inc
• Dunbarton Corporation
• Michbi Doors Inc
• Al Barrak Group Company
• Mesker Door Inc
• Industrial Metal Center Co. W.L.L.
• Commercial Door Manufacturing
• Baron Metal Industries Inc
• Trudoor, LLC

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Hollow Metal Doors Market Segmentation

The hollow metal doors market can be segmented based on application, end-use, and geography.

• Based on application, the market can be segmented into interior doors and exterior doors. Interior doors are commonly used in offices, schools, and residential buildings, while exterior doors are used in commercial and industrial buildings to provide a secure entrance.

• Based on end-use, the market can be segmented into commercial, industrial, and residential buildings. The commercial segment is expected to dominate the market due to the high demand for hollow metal doors in offices, schools, and other commercial buildings.

• Geographically, the market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to dominate the market due to the presence of a large number of commercial and industrial buildings in the region.

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Conclusion

The hollow metal doors market is expected to experience substantial growth over the next few years, driven by an increase in construction and renovation activities, particularly in commercial and industrial buildings. The demand for these doors is also influenced by their versatility, as they can be customized to meet specific design requirements. Key players in the market are focusing on expanding their product portfolios and investing in research and development to enhance the performance of their products.

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