Hollow Metal Doors Market Research, 2031 The global hollow metal doors market size was valued at $15.7 billion in 2021, and is projected to reach $26.1 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. Hollow metal doors are one of the most common types of doors used in commercial and industrial environments. A hollow metal door is composed of a steel frame that has steel panels laminated to both sides. The door is typically equipped with mounts for hinges and a pocket for a mortise lock. The demand for hollow metal doors is largely driven by increase in multifamily housing trends, rise in adoption of automated doors in commercial sector, and development of energy efficient doors. Modern automated doors are used in various commercial sectors such as airports, malls, corporate offices, and others. The other significant factor driving the market for hollow metal doors is the rise in government spending on residential and commercial buildings development. Moreover, escalation in industrialization and urbanization in economies which include India and Africa, is expected to cater to the development of the hollow metal doors market. Further, a surge in consumer expenditure on home renovation & enhancement activities and improvement in new construction activities are expected to provide remunerative growth opportunities for the market players. Increase in population in developing economies such as China, India, and the U.S., has resulted in rapid urbanization, which is expected to boost development of the industrial sector and is expected to increase the demand for hollow metal doors. However, fluctuating raw material prices such as metal, are expected to hinder the hollow metal doors market growth. Get Free Sample:-https://www.alliedmarketresearch.com/request-sample/17444 On the basis of end user, the commercial and institutional building segment generated the highest revenue in 2021. This is attributed to rise in government investment in institutional and commercial buildings. Similarly, governments across the globe are helping in development of commercial infrastructure. For instance, in August 2020, Tokyo International Conference on African Development (TICAD) planned to invest $20 billion in Africa in the next three years. This is expected to boost the growth of the hollow metal doors market during the forecast period. Competition Analysis Key companies profiled in the hollow metal doors industry include AccessSMT Holdings Ltd., ALLEGION, Baron Metal Industries, Inc., Beacon Commercial Door & Lock, CECO DOOR, Concept Frames, Curries, DCI Hollow Metal, Deansteel Manufacturing Company, Inc., DKS Steel Doors & Frames, Inc., EightynineA LLC., Fleming, GH Hollow Metal Doors & Frames Industries Corp., Houston-Starr Company, Plyler Entry Systems, Quality Engineered Products Co., and TRUDOOR, LLC. Full Report With TOC:-https://www.alliedmarketresearch.com/hollow-metal-doors-market-A17056