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Europe Air Duct Market to Cross USD 1.4 Bn by 2027

Europe Air Duct Market is projected to showcase strong progress over 2021-2027. One of the major reasons for this is cited in the fact that the region is witnessing a sharp rise in urbanization activities. A large percentage of the regional population every year is moving from villages to cities to look for employment opportunities, which has increased the demand for high-quality infrastructure by many folds.

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Europe Air Duct Market to Cross USD 1.4 Bn by 2027

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  1. Europe Air Duct Market to grow at 2.8% CAGR from 2021 to 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Europe Air Duct Market is projected to showcase strong progress over 2021-2027. One of the major reasons for this is cited in the fact that the region is witnessing a sharp rise in urbanization activities. A large percentage of the regional population every year is moving from villages to cities to look for employment opportunities, which has increased the demand for high-quality infrastructure by many folds. Air ducts are an important device installed in residential and commercial establishments to help air and other gases move in a convenient manner from one place to the other. They are instrumental in stabilizing the temperatures of different rooms and create a smooth ventilation process. Europe air duct market is expected to reach a valuation of $1.4 billion by 2027 because of the rising demand for Heating, Ventilation and Air Conditioning (HVAC) systems in homes and industrial areas. The region held 25% share in the global air duct market in the year 2020. The regional market will continue to grow at this pace in the future due to rise in the number of skyscrapers and high-rise buildings. These structures require a large number of air duct networks to create a proper balance of temperatures and form adequate outlets for ventilation. Governments across Europe are introducing favorable policies to promote the use of air ducts in various sectors. The EU Commission, in 2018, created initiatives to increase awareness about the importance of keeping the air quality of indoor spaces clean, thereby fostering the demand for efficient air ducts. Air ducts will witness high application across retail stores and shopping complexes in Europe in the future. Retail stores and shopping malls have become a common sight all over the region. The percentage of people visiting these complexes is growing at a rapid rate every year. These structures use lighting systems and HVAC networks on a large scale to provide adequate air flow and illumination. The HVAC system needs to constantly adapt itself to the external environment and air ducts can efficiently help the system achieve this. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ https://bit.ly/3djS7oC The initial impact of the ongoing COVID-19 pandemic was quite severe on the sales of air ducts in Europe. The region was among the worst-hit by the deadly virus as it claimed millions of lives. The regional air duct market faced a lot of hurdles with slowdown in construction projects, because of severe shortage of manpower and raw materials. International borders were sealed off, halting the import and export of various air duct components. Since the disease is airborne in nature, the sale of air conditioners saw a steep decline due to fear among consumers about contracting the virus through air. However, today the pandemic effect is slowly fading away as the lockdowns and several other restrictions in Europe are being eased to facilitate the progress of trade and commerce. Raw materials like aluminum, galvanized steel, fiberglass and polymers are used to produce different varieties of air ducts. Aluminum is widely used for the production of air ducts in Europe. The regional air duct market size from aluminum segment will record a CAGR of 2% through 2027. A major reason for this is that aluminum air ducts help in the smooth movement of air through various chambers. These ducts are commonly found in air conditioners and heating systems of buildings. There are many beneficial characteristics associated with aluminum like being lightweight and higher resistance to corrosion as compared to other materials. Aluminum-based air ducts are quite durable and can easily regulate the temperatures of residential and commercial infrastructure. They play a vital role in eliminating the hot and humid air in dryers, thereby propelling their demand among European consumers. Request for customization @ https://bit.ly/3vUuklk ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Some of the top organizations involved in the production of air ducts in Europe are Rubber World Industries, Kingspan Group, FabricAir, Aldes Group, Saint-Gobain Performance Plastics and a few others. • Segmentation of Europe Air Duct Market: • Europe Market, By Material • Galvanized steel • Aluminum • Fiberglass • Polymers • Others • Europe Market, By End-Use • Office spaces • Airports & metros • Retail store and shopping complexes • Hospitality • Multiplex/Auditoriums • Hospitals • Manufacturing • Others ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Europe Market, By Shape • Rectangular • Round • Oval • The above information has been provided for the following countries: • Europe • Germany • U.K. • France • Italy • Spain • Netherland • Bulgaria • Russia • Rest of Europe ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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