The demand for fire-rated ducts is going up all around the world because people are realizing the importance of having good fire safety solutions. This is also happening because governments are making strict rules about fire safety. These rules are making companies use fire-rated ducts to protect buildings from fires.
The global market for fire-rated ducts is expected to grow by about 4.18% every year from 2020 to 2026. In 2019, Asia had the biggest share of the market with 43.1%, followed by North America with 31.1%, and Europe with 25.8%.
The market for fire-rated ducts is divided into different categories based on things like shape, use, service, material, and where they are used. In terms of shape, fire-rated ducts can be round, half-round, rectangular, triangular, or other shapes. The rectangular ones are expected to grow the fastest, and in 2019, they made up 35.1% of the market.
When it comes to how they are used, fire-rated ducts can be used in public facilities, commercial buildings, industrial spaces, and other places. The use in commercial buildings is expected to grow the fastest. In 2019, industrial spaces had the biggest share with 36.9%.
Different services are needed for fire-rated ducts, like core drilling, seals, and duct installation. Duct installation is expected to grow the fastest. In 2019, it made up 36.9% of the market.
Fire-rated ducts can be made of different materials like steel, aluminum, fiberglass, polymers, and others. The ones made of steel are expected to grow the fastest. In 2019, steel ones made up 34.9% of the market.
Depending on where they go in a building, fire-rated ducts can be put in walls, decks, floors, and other places. The ones put in decks are expected to grow the fastest. In 2019, they made up 42.9% of the market.
In conclusion, the demand for fire-rated ducts is increasing all over the world because of the growing awareness of the need for fire safety. The market is expected to grow, especially in categories like rectangular ducts, commercial use, duct installation, steel materials, and decks placement. This growth is influenced by strict government regulations emphasizing the importance of fire safety in various settings.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2023 | USD 2.7 Billion |
Growth Rate | 4.80% (2023-2032) |
Fire Rated Ducts Market Size was valued at USD 2.7 Billion in 2023. The Fire Rated Ducts Market industry is projected to grow from USD 2.83 Billion in 2024 to USD 3.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.09% during the forecast period (2024 - 2032). Consumer awareness of fire safety is growing, and government investment in infrastructure development is accelerating are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for fire rated ducts is being driven by the improved fire-stopping technologies in HVAC systems with the use of fire-rated ducts. The evolution of fire suppression has resulted in significant advancements over old fire suppression tactics. Continuous training and development, as well as educational efforts, are increasing the relevance of appropriate fire stopping and its influence on both safety and asset protection. Understanding how sealant and materials react together also aids in the right selection and connection of fire stopping systems for ducts and other sorts of applications. Some duct fire test standards, such as BS 476 part 24, govern the proper installation of fire ducts for HVAC systems, pressurisation, smoke extract, and kitchen/grease.
Furthermore, many manufacturers continue to hire qualified technical experts to clarify the delicate details of fire stopping. Employing competent workers who can provide more particular training, as well as correct installation of these ducts, is also recommended. As a result, the growth of the fire rated duct market is likely to be boosted. According to the American Council for an Energy-Efficient Economy (ACEEE), smart technologies in buildings save approximately 18% of energy in commercial spaces, 15% in retails, 18% in restaurants and hotels, and another 28% in hospitals. Furthermore, governmental participation in the construction of green buildings and guidelines connected to carbon emissions for commercial and residential objectives are among the market's trending characteristics.
According to the American Council for an Energy-Efficient Economy (ACEEE), smart technologies in buildings help save approximately 18% of energy in commercial spaces, 15% in retails, 18% in restaurants and hotels, and another 28% in hospitals. Furthermore, governmental cooperation in the construction of green buildings and carbon emission guidelines for commercial and residential objectives are among the market's trending elements.
The construction industry is a primary driver of the fire rated duct market. The construction sector is rapidly expanding, particularly in developing countries such as China and India. This is due to rising population and urbanisation. According to the World Bank, the construction industry would rise by 3.9% in 2019. This expansion is likely to increase demand for fire certified ducts, which are an essential aspect of the building sector. Thus, driving the fire wrap duct Market revenue.
The Fire Rated Ducts Market segmentation, based on material includes steel, aluminum, fiberglass, polymers and others. Steel category is expected to account for a sizable chunk of the market. It is due to increased infrastructure construction, higher consumption of finished steel products, and the expanding automobile sector. Furthermore, galvanised steel is extremely durable because it does not corrode or tear readily. Furthermore, certain galvanised duct systems can be expected to last for approximately 50 years with no maintenance. Similarly, various manufacturers sell aluminium duct that is comprised of aluminium foil laminated with polyester film.
The Fire Rated Ducts Market segmentation, based on shape, includes round, half round, rectangular, triangular and others. In 2022, round category held the greatest market share. Round shaped fire rated ducts are extensively used in air transportation because they are the most efficient. Furthermore, it uses less material than conventional ducts to carry the same amount of air.
The Fire Rated Ducts Market segmentation, based on penetration, includes wall, decks, floor and others. Walls category is expected to account for the majority of market share and have the greatest CAGR. This is due to the ease with which these may be installed and maintained. Additionally, this allows users to easily repair and clean broken parts, extending the product's life.
Figure 1: Fire Rated Ducts Market, by Penetration, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Fire Rated Ducts Market segmentation, based on service, includes core drilling, seals, duct installation and others. In 2022, duct installation category was the dominant market. Ductwork installation primarily entails establishing ducts for this heating, ventilation, and air conditioning systems, but it can also involve waste extraction systems, vacuum systems, and dust and fume extraction systems.
The workfire duct Market segmentation, based on application, includes public facilities, commercial facilities, industrial facilities and others. The commercial facilities category is expected to have the largest market share, attributable to increased per capita spending. End-users in the commercial facilities sub-segment, such as hospitals, multi-specialty malls, and others, are investing extensively in the initial stage to provide fresh indoor air quality to their clients. Furthermore, the government is investing in green infrastructure development.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Europe Fire Rated Ducts Market area will dominate this market; Growth in new home development has raised demand for fire-rated duct systems in nations such as Germany, Spain, Italy, and France. Furthermore, thermal conductivity is a top priority in Europe because many countries endure extreme cold, while just a few countries have hot weather all year.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Fire Rated Ducts Market Share By Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
North America Fire Rated Ducts Market accounts for the second-largest market share due to the ongoing reconstruction of various commercial and public facilities throughout the United States and Canada. Further, the US Fire Rated Ducts Market held the largest market share, and the Canada Fire Rated Ducts Market was the fastest growing market in the region.
The Asia-Pacific Fire Rated Ducts Market is expected to grow at the fastest CAGR from 2024 to 2032. This is because of the growing infrastructure in key countries such as China, South Korea, India, and Malaysia, among others. Moreover, China’s Fire Rated Ducts Market held the largest market share, and the Indian Fire Rated Ducts Market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the fire duct Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Fire Rated Ducts industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Fire Rated Ducts industry to benefit clients and increase the market sector. In recent years, the Fire Rated Ducts industry has offered some of the most significant advantages to medicine. Major players in the fire duct Market, including Arcat, Inc (US), Firetrace Ductwork Ltd (UK), Firth Sheet Metal (UK), CMS Group of Companies (UAE), and Promat (Belgium) and others, are attempting to increase market demand by investing in research and development operations.
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