Fire Rated Ducts Market Share

Improved fire-stopping methods in HVAC systems through the installation of fire-rated ducts to boost market growth

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 Global Fire Rated Ducts Market Industry is experiencing a surge in demand due to the implementation of stringent regulatory standards aimed at enhancing fire safety in buildings. Governments worldwide are mandating the use of fire-rated ducts in commercial and residential constructions to mitigate fire hazards. For instance, the International Building Code (IBC) outlines specific requirements for fire-rated duct systems, which has led to a growing emphasis on compliance among manufacturers and builders. This regulatory landscape is projected to drive the market's growth, contributing to an estimated market value of 2.83 USD Billion in 2024, with expectations of reaching 4.4 USD Billion by 2035.

There is a notable increase in awareness regarding fire safety among consumers and industry stakeholders, which is positively influencing the Global Fire Rated Ducts Market Industry. Educational campaigns and training programs conducted by fire safety organizations are fostering a culture of safety valve in both residential and commercial sectors. This heightened awareness is prompting builders and architects to prioritize fire-rated duct systems in their designs, ensuring compliance with safety standards. As a result, the market is expected to see sustained growth, driven by a collective commitment to enhancing fire measures across various construction projects.

The expansion of the commercial sector is a significant driver of the Global Fire Rated Ducts Market Industry, as new office buildings, shopping centers, and industrial facilities are being constructed at an unprecedented rate. This growth is particularly pronounced in regions with burgeoning economies, where investments in commercial real estate are surging. Fire-rated ducts are becoming a standard requirement in these developments, as they play a crucial role in ensuring occupant safety and compliance with fire codes. Consequently, the market is poised for growth, with projections indicating a robust trajectory as the commercial sector continues to thrive.

Technological innovations are reshaping the Global Fire Rated Ducts Market Industry, as manufacturers develop advanced materials and designs that enhance fire resistance and overall performance. Innovations such as intumescent coatings and composite materials are being integrated into duct systems, improving their ability to withstand high temperatures and prevent fire spread. These advancements not only meet regulatory requirements but also provide added value to consumers seeking reliable fire safety solutions. As a result, the market is likely to benefit from increased adoption of these technologies, further solidifying its position in the construction sector.

• Urbanization is a key driver of the Global Fire Rated Ducts Market Industry, as rapid population growth in urban areas necessitates the construction of new buildings and infrastructure. This trend is particularly evident in developing countries, where urban centers are expanding rapidly. As cities grow, the demand for fire safety measures, including fire-rated ducts, becomes increasingly critical. For example, in regions like Asia-Pacific, urbanization is projected to continue at a robust pace, leading to heightened investments in infrastructure. This influx of construction activities is likely to propel the market forward, with a compound annual growth rate (CAGR) of 4.09% anticipated from 2025 to 2035.

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.

Rockwool A/S, generally known as the ROCKWOOL Group, is a Danish multinational mineral wool product producer headquartered in Hedehusene, Greater Copenhagen, Denmark. As of 2016, the company's R&D unit, which employs 100 people, is co-located with the headquarters in Copenhagen. In 2009, Rockwool was the world's largest manufacturer of insulation materials, but by 2016, it had fallen to second place. As of 2009, 90% of the company's revenue was generated by the sale of insulation materials testing, with the remaining 80% generated by sales throughout Europe. In June 2021, ROCKWOOL, a French firm, is establishing a unique production facility in France.

This will help to increase capacity in order to fulfil the increased demand for insulating materials.

Griffon Corporation is a New York-based conglomerate. The AMES Companies, ClosetMaid, Clopay Building Products, CornellCookson, and Telephonics Corporation are the company's five subsidiaries. Griffon has been publicly traded since 1961 and is a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices on the New York Stock Exchange. In November 2019, Griffon announced the $475 million sale of its Clopay Plastics division to Berry (NYSE:BERY).