Air ducts are used for ventilation, heating, and air conditioning (HVAC System). There are many different types of air ducts on the market. Due to their strength and versatility, corrugated air ducts have been popular in the market for some time. HVAC systems are widely used, and corrugated air duct is used in a variety of ways in everyday life. Sheet and flexible ducts are the two most common types of corrugated air ducts. For HVAC systems, flexible corrugated air ducts are required. Corrugated air ducts come in a variety of sizes and pressure ratings to meet the needs of both residential and commercial customers.
Market Dynamics for Corrugated Air Ducts
Because of rising consumer awareness of energy conservation, the corrugated air duct market is expected to grow at a healthy rate. The key driving factors for the corrugated air duct market are a well-balanced HVAC system with effective temperature control and a strong thermal barrier. The growing popularity of smart housing will fuel demand even more. Corrugated air duct sales will be driven by green construction, optimal ventilation, and improved performance and benefits.
Industry demand will be fueled by development firms’ growing preference for environmentally friendly construction in order to ensure compliance with existing construction regulations and principles. Corrugated air duct demand will be boosted by stringent regulations for energy conservation, particularly in the development industry. Implementation of various accreditations such as Leadership in Energy and Environmental Design (LEED) certification and Energy Star certification is also expected to drive the corrugated air duct market size.
In the last ten years, there has been a growing trend toward using insulated products such as fiberglass duct board and flexible duct, especially in new infrastructure development. This pattern is now being followed with the goal of highlighting home performance contracting and energy conservation.
However, there has been a recent shift in consumer preference toward ductless systems. The energy efficiency of a ductless system has been proven. Corrugated air duct sales will be hampered by rising demand for ductless systems.
Regional Outlook for Corrugated Air Ducts
North America, Latin America, Europe, Asia Pacific except Japan (APEJ), the Middle East and Africa, and Japan are the six regions targeted by the global corrugated air duct market. Due to rapid growth in the commercial and residential sectors, Asia Pacific, with the exception of Japan, currently holds the largest market share in the corrugated air duct market. Government policies, such as home replacement programmes, are fueling growth in countries like China. With the construction sector in North America on the mend, the corrugated air duct market is expected to grow significantly over the forecast period.
Overall, the global corrugated air duct market is expected to grow due to increased urbanization.
For List of Key Players and Full Segmentation, Ask for a Sample Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=1549
