Press release
Global Corrugated Air Duct Market Projections Deliver Positive Revenue Growth during the Period between 2018-2028 / Major THERMAFLEX. Hart & Cooley, Inc. Flexible Technologies Inc. DUNDAS JAFINE INC. Menard, Inc
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Air ducts are used for air conditioning (HVAC System), ventilation and heating. Different types of air ducts are available in the market. Corrugated air ducts have been trending in the market for some time now due to their strength and versatile usage. Use of HVAC systems is prominent as corrugated air duct finds varied use in day-to-day life. Corrugated air ducts are available mainly in two types: sheet and flexible ducts. Flexible corrugated air ducts are essential for HVAC systems. Corrugated air ducts are available in various sizes and pressure ratings, pertaining to both residential and commercial needs.
In the last decade, there has been a developing pattern towards utilizing insulated products like fiberglass duct board and flexible duct, particularly in the new infrastructural development. Today this pattern is proceeded with a view of accentuation home performance contracting and energy conservation.
However, a recent consumer preference shift has been noticed towards ductless systems. Ductless system has proven to be more energy efficient. Growing demand for ductless system will hamper the sales of corrugated air ducts.
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Geographically, the global corrugated air duct market is designed for six regions namely, North America, Latin America, Europe, Asia Pacific except Japan (APEJ), the Middle East & Africa and Japan. Asia Pacific except Japan currently holds the highest market share in corrugated air duct market owing to rapid growth in commercial and residential sectors. Countries like China have government policies like home replacement programs, which further fuels the growth. With recovering construction sector in North America, noticeable gains in the corrugated air duct market are expected over the forecast period.
Overall, owing to growing urbanization a positive outlook is expected for the global corrugated air duct market.
Corrugated Air Duct Market: Key Players
Some of the key market players in the global corrugated air duct market are Reflectix, Inc. Masterduct, Inc. Rubber-Cal, Inc. Lindab, THERMAFLEX. Hart & Cooley, Inc. Flexible Technologies Inc. DUNDAS JAFINE INC. Menard, Inc. Other Key Players
Corrugated Air Duct Market: Competitive Analysis
Corrugated air duct manufacturers are actively engaged in manufacturing green and clean products. Key players in corrugated air duct market like THERMAFLEX have come up with insulated corrugated air ducts that have reduced condensation and mold growth. These insulated ducts are claimed to be more energy efficient.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.
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