The global air duct market is valued at $4.23 billion in 2018 and is expected to reach $5.7 billion by 2026 and is expected to grow at a CAGR of 3.57% from 2021 to 2027. Increasing health problems associated with deteriorating indoor air quality and increasing environmental problems contribute significantly to the increased demand for air ducts in buildings. In addition, the growing construction industry and green building initiatives in several developing and developed countries around the world are providing tremendous growth opportunities for suppliers in the global air duct market. However, the surge in adoption of ductless equipment in HVAC systems can hinder market growth.
A full report of Air Duct Market available at https://www.orionmarketreports.com/air-duct-market/24426/
Air Duct Market Segmentations
By Material
• Galvanized Steel
• Aluminum
• Fiberglass
• Polymers
By Application
• Corporate offices
• Airport & Rapid transit
• Retail stores & shopping complexes
• Hospitality
• Multiplex/Auditorium
• Hospitals
• Manufacturing
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
