The air duct market is anticipated to grow at a CAGR of 4.2% during the forecast period. Air ducts are the channels and pipes which are utilized to convey air across the building. The factors that include growing consumer awareness associated with energy conservation, improve thermal barriers from outdoor ambiance with effective indoor temperature control of the building and increasing demand for HVAC equipment attributed to the growth in residential and commercial construction are boosting the growth air duct market during the forecast period. Moreover, growing consumer expenditure on green building construction to deliver effective ventilation is projecting the growth of the air duct market.
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Air ducts are available in a variety of shapes such as the oval, rectangular and round. The rectangular shape is most commonly used for ducts in the construction industry. Additional properties that include enhanced efficiency, long-term performance, health and financial benefits with decrease impact on surroundings are propelling the air duct industry share that leads to government agencies and builders to adopt improved HVAC equipment to optimize energy consumption. R&D spending in product innovation such as fiberglass and flexible equipment is significantly growing the demand for air duct during the forecast period. However, the growing adoption of ductless equipment for heating and air conditioning purposes has hampered the growth of the air duct market during the forecast period.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Air Duct Market- Segmentation
By Material
- Galvanized Steel
- Aluminum
- Fiberglass
- Polymers
- Other
By Application
- Residential
- Commercial
- Industrial
Global Air Duct Market – Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East Africa
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global air duct market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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