Fire Rated Ducts Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

In the event of a fire, fire-rated ducts enable fire compartmentation by allowing for a high level of protection. There are four primary types of fire-resistant ducts that are required for specific applications in a variety of fire scenarios. Smoke extract fire ductwork, non-domestic kitchen extract fire ductwork, pressurization ductwork, and ventilation fire ductwork are all options for these fire-rated ducts. All of these fire ducts are employed in various fire situations. The increasing requirement for fire safety solutions, as well as severe government restrictions, are boosting demand for fire-rated ducts.

MARKET DYNAMICS

The increasing requirement for fire safety solutions, as well as severe government restrictions, are boosting demand for fire-rated ducts market. Rising awareness about fire safety and growing use of fire rated ducts in industrial, commercial buildings are expected to boost market growth during the forecast period. Furthermore, the rising number of human lives lost and the need to protect infrastructure has encouraged businesses to construct and maintain fire-rated ducts on their premises.

MARKET SCOPE

The "Global Fire Rated Ducts Market Analysis to 2031" is a specialized and in-depth study of the Fire rated ducts Market with a special focus on the global market trend analysis. The report aims to provide an overview of Fire rated ducts market with detailed market segmentation by material, shape, penetration, service and application. The global Fire rated ducts market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Fire rated ducts market player and offers key trends and opportunities in the Fire rated ducts market.

MARKET SEGMENTATION

The global Fire rated ducts market is segmented as, material, shape, penetration, service and application. On the basis of material the market is segmented as, steel, aluminum, fiberglass, polymers, others. On the basis of shape the market is segmented as, round, half round, rectangular, triangular, others. On the basis of penetration the market is segmented as, wall, decks, floor and others. On the basis of service the market is segmented as, core drilling, seals, duct installation, others. Further, based on application the market is segmented as, public facilities, commercial facilities, industrial facilities and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Fire rated ducts market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Fire rated ducts market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Fire rated ducts Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Fire rated ducts market in these regions.

MARKET PLAYERS

The reports cover key developments in the Fire rated ducts market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Fire rated ducts market are anticipated to lucrative growth opportunities in the future with the rising demand for Fire rated ducts market. Below mentioned is the list of few companies engaged in the Fire rated ducts market.

The report also includes the profiles of key Fire rated ducts market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Lindab AB
  
•   Unifrax LLC
  
•   DuraSystems
  
•   Leminar Air Conditioning Industries LLC
  
•   Arcat, Inc
  
•   Firetrace Ductwork Ltd
  
•   Firth Sheet Metal
  
•   CMS Group of Companies
  
•   Promat
  
•   ROCKWOOL Limited
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Fire Rated Ducts Report Scope