Air Duct Market Expected to Reach USD 22.7 Billion, CAGR of 4.8% from 2022 to 2031.

Increased investments in residential, commercial, and industrial construction drive air duct demand, ensuring safer, healthier environments for workers.

WASHINGTON, DE, UNITED STATES, November 19, 2024 /EINPresswire.com/ -- The global air duct market has experienced substantial growth over the past decade, driven by increased investments in residential, commercial, and industrial construction. Air ducts are increasingly being utilized in construction projects to provide safer and healthier working environments. Additionally, climate change has amplified the demand for heating and cooling technologies, with HVAC air ducts viewed as a reliable investment to combat unpredictable weather patterns and rising temperatures. This trend is expected to drive significant growth in the air duct market during the forecast period.

According to a report published by Allied Market Research titled “𝐀𝐢𝐫 𝐃𝐮𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭”, the market size was valued at $13.9 billion in 2021 and is projected to reach $22.7 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/A09606

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
An air duct system serves as a conduit for conditioned air, either heated or cooled, through a ventilation, heating, and air conditioning (HVAC) system. These systems comprise components such as smoke and fire dampers, vibration isolators, volume control dampers, chimney collars, plenums, and air diffusers. Materials for air ducts include aluminum, galvanized steel, metallic, and non-metallic options, tailored to specific requirements. Air ducts are available in various shapes, such as oval, rectangular, and round.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬
Several factors are contributing to the market’s growth:

Health and Environmental Concerns: Growing awareness about indoor air quality and environmental sustainability is boosting demand for efficient air duct systems.
Infrastructure Development: Increased construction of commercial and residential buildings, tall skyscrapers, and green building projects is propelling market opportunities.
Expanding Applications: HVAC air duct systems are increasingly integrated into infrastructure projects such as airports, hotels, multiplexes, and office buildings, further fueling market growth.
Reputation and Comfort: The dominance of infrastructure in hospitality and commercial establishments, coupled with the need for superior air conditioning, has created new avenues for market expansion.
Market Challenges
The COVID-19 pandemic disrupted the market due to halted manufacturing in key regions such as China, the U.S., and India. Shortages of raw materials and labor further constrained supply chains. However, the reopening of production facilities and widespread vaccination campaigns have set the stage for recovery.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/A09606

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬

Product Type: The metallic segment dominated the market in 2021, while the non-metallic segment is expected to grow at a significant CAGR during the forecast period.
End-User Industry: The commercial sector recorded the highest revenue in 2021.
Regional Insights: Asia-Pacific is anticipated to witness the fastest growth in the coming years.
Future Outlook
The global air duct market is poised for steady growth, driven by technological advancements, sustainability initiatives, and increased construction activity worldwide. Detailed analysis of key segments and emerging trends provides actionable insights for stakeholders and industry players.

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David Correa
Allied Market Research
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