Europe Air Duct Market 2022: Global Size, Trends, Potential Growth and Key Factors Forecast to 2028

At the beginning of a recently published report on the Europe Air Duct Market Revenue 2022-2029, an extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Europe Air Duct Market.

Various segments of the market have been divided into different divisions. They have been depicted the maximum share and profit maximization of the industry during the forecasting period of 2022 to 2029. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the marketplace and value. Various distinctive features involve the market's knowledge based on the factors like demographic changes, dimensions, historical details, and overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets.

The Europe air duct market size was USD 2.08 billion in 2020. The market is projected to grow from USD 2.17 billion in 2021 to USD 2.95 billion in 2028 at a CAGR of 4.5% during the 2021-2028 period.

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Companies Operating in Europe Air Duct Market
• Lindab (Båstad, Sweden)
• Air Spiralo Group (Schagen, Netherlands)
• FabricAir (Køge, Denmark)
• Kingspan Group (Cavan, Ireland)
• Domus (Genuit Group) (Caerphilly, U.K.)
• ISOVER (SAINT-GOBAIN) (Courbevoie, France)
• Aldes Group (Lyon, France)
• Airflow Developments Limited (High Wycombe, U.K.)
• Verplas Limited (Indutrade) (Dorset, U.K.)
• ROKAFLEX (Braak, Germany)
• HAS-Vent Ltd. (Wombourne, England)
• Nordfab (Mariager, Denmark)
• Aermec (U.K.) (Basildon, England)
• Rega Ventilation (Biggleswade, England)
• Maschinen- und Apparatebau Hagen GmbH (Breckerfeld, Germany)
• BerlinerLuft International (Berling, Germany)

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Segments

Type, Shape, Application, and Region are studied for the Market

By type, the market is segmented into fabric duct, flexible duct, aluminum (AI) duct, and others. As per shape, it is classified into triangular, square/rectangular, half-round, round, and others. Based on application, it is categorized into industrial facilities, commercial facilities, government buildings, public facilities, and others. Country-wise, it is clubbed into Italy, Russia, the U.K., Germany, and the rest of Europe.

Report Coverage

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Drivers and Restraints

Adoption of Direct Ducts Using Sealed Joints to Bolster Market Development
The rising adoption of direct ducts using sealed joints and connections boosts efficiency and ensures minimal heat loss. Sealed air ducts reduce leakage and energy loss concerns. They can be operated in a closed design and deliver optimal comfort, sustaining heating, ventilation, and air conditioning (HVAC) efficiency. Furthermore, rising awareness regarding the energy savings of air ducts is likely to boost their adoption among the residential sectors. Rising per-capita income, rapid urbanization, and increased investments in the development of technologically advanced air ducts are likely to boost product adoption. These factors are likely to drive the Europe air duct market growth.
However, rising ductless system installations and high maintenance costs of the ducts may hinder the market's progress.

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Industry Development
• March 2021: Verplas Limited signed an agreement with VEKA Compounds to supply optimal quality recycled 'PVC-U pellet'. Ver las uses recycled virgin PVC-U for the production of its extruded ducting products.

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This release was published on openPR.