Fire Rated Duct Market Overview: Size, Share, Growth, Key Drivers, Segmentation, Regional & Recent Trends

The Fire Rated Duct Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

The Fire Rated Duct Market size reached a valuation of USD 2,212.1 million in 2020.
The Fire Rated Duct Market growth is projected to reach a valuation of USD 3,165.3 million by 2028.
The Fire Rated Duct Market share is expected to register a compound annual growth rate (CAGR) of 4.8% from 2020 to 2028.

Recent Key Trends:

ROCKWOOL, the company is building a new manufacturing facility in France. This strategic investment is focused for extended capacity to meet the rising demand of insulation products.
FRD manufactured and installed by Firesafe Fire Rated Ductwork Ltd, at a Nando’s Restaurant by the firm’s strategic partner, Caswell Engineering / Caswell FRD. The product features properly sized and spaced access doors.

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to Fire Rated Duct markets. Leading global Fire Rated Duct market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

Unifrax (U.S.)
Lindab (Sweden)
DuraSystems (U.S.)
THERMAFLEX (U.S.)
SAUDI AKHWAN DUCTING FACTORY CO LTD (Saudi Arabia)
KAD AIR CONDITIONING (BIN DASMAL GROUP) (UAE)
FabricAir (Denmark)
CMS Group of Companies (UAE)
France Air (France)
Aldes Group (France)

Regional Trends:

North America: U.S., Canada, Mexico
Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Rest of Latin America
Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the Fire Rated Duct Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Type

Galvanized Steel Duct
Aluminum (Al) Duct
Flexible Duct
Fabric Duct
Others (PVC Duct, etc.)

By Shape

Round
Half Round
Square/Rectangular
Triangular
Others (Customized, etc.)

By Penetration

Walls
Floor
Decks
Others

By Application

Public Facilities
Commercial Facilities
Industrial Facilities
Others (Government Buildings etc.)

Key Drivers/ Restrains:

Drivers:Increasing regulatory mandates and building codes requiring fire safety measures in commercial and residential constructions, boosting the demand for fire-rated ducts.
Rising awareness of fire hazards and the need for effective smoke and fire containment solutions in HVAC systems, enhancing market growth.
Restraints:High costs associated with the materials and installation of fire-rated ducts may deter some builders and developers from opting for these systems.
Limited awareness and understanding of fire-rated duct systems among smaller contractors and builders could hinder market adoption.

In Summary:

The fire-rated duct market is growing as fire safety regulations drive demand for advanced ducting solutions in commercial and industrial buildings. Innovations in fire-resistant materials, insulation coatings, and compliance-driven manufacturing are enhancing safety standards. As urban infrastructure expands, the fire-rated duct market is expected to see steady growth.

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.