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A high-performance or high-speed vinyl door is used as a barrier to separate processes and save energy. The U.S. high-performance vinyl door market was valued at USD 280.6 million in 2019 and is expected to reach a value of USD 467.4 million during the forecast period 2020-2029.
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Are High-Performance Vinyl Door Better Than Wood? | Straits Research As per the Federal Reserve, the U.S. economy is expected to make a rebound following the pandemic. The real GDP is expected to grow at 4.2% in 2021 and come down to 3.2% in 2022, with a significant contribution from the construction industry, especially in the industrial sector. A key reason for this is the U.S. government’s push for domestic manufacturing. The growing demand for warehouse space, owing to the retail sector's growth after the emergence of e-commerce platforms is further anticipated to positively influence market growth. Increasing concerns of logistic and distribution center operators regarding the escalating maintenance and repair cost of conventional warehouse doors are also anticipated to support the market growth. Trends in U.S. High-Performance Vinyl Door Market: The U.S. high-performance vinyl door market was valued at USD 280.6 million in 2019 and is expected to record a CAGR of 5.5% during the forecast period. Competitive Landscape: Some of the major Companies in the U.S. High-Performance Vinyl Door Market are Goff's Enterprises, Inc., Performax Global, Rytec Corporation, TMI International, LLC,
Gateway Industrial Products, Inc, Rite Hite Corporation, Steel Guard Safety Corp, Terra Universal, Inc, JELD-WEN, Inc, Pella Corporation. The Most Common High-Performance Vinyl Door Applications Are: Industrial Commercial Segmental Insights Trends: The U.S. High-Performance Vinyl Door Market is Segmented By Door Speed, By End User. By Door Speed: Less Than 30” per second, 31”-50” per second, Above 50” per second. On the Basis of By End User: Manufacturing, Food and Beverages, Pharmaceutical, Logistics and Distribution. The Northeast market is expected to observed slow growth during the forecast period. The region's low growth momentum is attributable to the fact that its primary economic activities are fishing, farming, and forestry. However, the resurgence of Connecticut's manufacturing industry and the increasing number of government policies that aim to help anchor manufacturing companies in New York are expected to bolster the growth of the region's manufacturing sector and, consequently, create a lucrative growth opportunity for the high-performance vinyl door market in the years to come. Additionally, the modernization of transportation systems across the region is also anticipated to add to market growth. Regional Insights: Geographically, the U.S. High-Performance Vinyl Door Market is segmented into four regions. Northeast Midwest West South
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