Fire Rated Duct Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Fire Rated Duct Market
The fire rated duct market size was valued at USD 2212.1 million in 2020, and the market is now projected to grow from USD 2280.3 million in 2021 to USD 3165.3 million by 2028, exhibiting a CAGR of 4.8% during the forecast period of 2021-2028.
Pandemic has induced market volatility and uncertainty inside the international HVAC enterprise, with manufacturing lockdowns in Europe, North America, Latin America, and Asia Pacific affecting air flow and aircon actions. 45% of HVAC agencies lost income because of fewer healing ventilators and worker unavailability. Manufacturers are actually specializing in research and improvement to meet regulations requiring infrastructural workforce. Fire-rated ducts, air filters, and air pipes are gaining momentum, supplying clean indoor air in severe environments. Governments have additionally ordered agencies to reopen, potentially boosting fire rated duct market growth.
The evolution of fire preventing strategies has drastically improved safety and asset safety. Continuous education and improvement, alongside educational efforts, are improving the importance of right fireplace preventing. Understanding the response between sealant and substances enables in selecting and connecting fireplace preventing structures for ducts. Duct hearth check requirements, inclusive of BS 476 part 24, are regulated for HVAC systems, pressurization, smoke extract, and kitchen/grease. Manufacturers are using qualified technical personnel to provide an explanation for diffused nuances of fireplace stopping and provide precise education, that's predicted to boost heat rated duct marketplace boom.
Air quality is a prime concern due to its impact on health, productiveness, cognitive characteristic, and welfare. Technological advancements are improving fireproof ducting answers and introducing technology like sustainable retrofit, smart thermostats, and geothermal warmth pumps. These technologies help reduce power financial savings and operational prices. The American Council for an Energy-Efficient Economy (ACEEE) reviews that clever technology can keep round 18% of strength in industrial spaces, 15% in retails, 18% in eating places and hotels, and 28% in hospitals. Government participation in inexperienced constructing construction and carbon release hints are also trending inside the market.
Comprehensive Analysis of Fire Rated Duct Market
The air ducts market is segmented based on material, including galvanized steel, aluminum (Al), flexible duct, and fabric duct. Galvanized steel ducts are expected to dominate due to their durability, low maintenance, and long lifespan in commercial, residential, and industrial applications. Fabric ducts are projected to show substantial CAGR growth due to their ability to stretch and allow air to pass freely. The market is divided into round, half round, square, and triangular shapes, with round ducts being widely used due to efficiency and less material use. Square ducts are preferred for low-pressure systems and triangular ducts are used to distinguish gas or air types in air conditioning and ventilation systems. The market is divided into walls, floor, decks, and others based on penetration. Walls hold the majority of the market share due to their ease of installation and maintenance, while floor and deck ducts provide smooth performance but lack serviceability. The market is divided into public facilities, commercial facilities, and industrial facilities. Air tightness is crucial when installing fire rated ducts systems to avoid heavy air leakages, which can negatively impact indoor air quality (IAQ) in newly built or renovated buildings.
The Asia Pacific region lead the fire rated duct market share by benefitting a market size of USD 1033.5 million in 2020 due to due to extensive investments in infrastructure tasks in fundamental nations like China, South Korea, India, and Malaysia. The marketplace is likewise anticipated to benefit momentum all through the COVID-19 pandemic because of growing demand for brand spanking new tasks in Southeast Asian countries.
The global market is dominated by small and medium-sized manufacturers, with key players like Unifrax, Lindab, DuraSystems, THERMAFLEX, Saudi Arabian Ducting Factory Co., KAD Air Conditioning, FabricAir, CMS Group of Companies, France Air, and Aldes Group holding a moderate share. These companies have a strong customer base and are investing in product development. After-sales service is a key factor for consumers, and these companies prioritize providing good and sufficient services.
ROCKWOOL plans to build a new manufacturing facility in France in June 2021 to increase capacity and meet the increasing demand for insulation products.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD million)
Segmentation
Type, Shape, Penetration, Application, Region
By Type
Galvanized Steel Duct
Aluminum (Al) Duct
Flexible Duct
Fabric Duct
Others (PVC Duct, etc.)
By Shape
Round
Half Round
Square/Rectangular
Triangular
Others (Customized, etc.)
By Penetration
Walls
Floor
Decks
Others
By Application
Public Facilities
Commercial Facilities
Industrial Facilities
Others (Government Buildings etc.)
By Region
North America (By Type, Shape, Penetration, Application and Country)
Europe (By Type, Shape, Penetration, Application and Country)
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Benelux
- Nordics
- Rest of Europe
Asia Pacific (By Type, Shape, Penetration, Application and Country)
- China
- Japan
- South Korea
- India
- ASEAN
- Oceanic
- Rest of Asia Pacific
Middle East & Africa (By Type, Shape, Penetration, Application and Country)
- Turkey
- Israel
- GCC
- South Africa
- North Africa
- Rest of Middle East and Africa
South America (By Type, Shape, Penetration, Application and Country)
- Brazil
- Argentina
- Rest of South America
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