Fabric Air Dispersion Market Report Overview
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The global fabric air dispersion market size was USD 300 million in 2021 and is projected to touch USD 605.46 million by 2031, exhibiting a CAGR of 7.3% during the forecast period.
A fabric air dispersion is a system that employs woven materials to deliver conditioned air to different applications. The material can be installed easily. It is lightweight and flexible. The product is extensively used in food processing, leisure, manufacturing, education, media and broadcasting, and retail. It is available in a wide range of custom and standard colors. The product is easily suspended from ceilings. It is a cost-effective air distribution system.
Increasing demand to improve airflow is estimated to accelerate market growth. Growing adoption of the product in commercial and industrial sector is predicted to accelerate market expansion. Rising urbanization and industrialization are projected to drive market growth. Increasing awareness among people about the adoption of green building initiatives is estimated to push market forward. Increasing number of data centers globally is anticipated to surge market growth during the forecast period. Growing need for heating and cooling for premises is estimated to fuel fabric air dispersion market progress.
COVID-19 Impact: Lockdown Restrictions to Hinder Market Expansion
Imposition of lockdown has resulted in declined in product demand. Government initiatives during the pandemic to restrict human and goods movement reduced market development. Shutdown of industries impacted product demand. Closure of automotive, manufacturing, aviation, and semiconductor & electronic industries declined market revenues due to temporary shutdown of operations. The market experienced supply and chain disruption. Lack of raw materials halted production activities.
On the contrary, increasing demand for the pharmaceutical industry boosted market growth during the pandemic. Post-COVID-19, market expected to witness strong growth due to increasing demand for improved airflow quality.
LATEST TRENDS
"Growing Adoption of Green Building to Foster Market Growth "
Rising adoption of green building globally is estimated to expand market growth. Increasing need for eco-friendly technology is predicted to surge market development. Growing demand to reduce carbon footprints is anticipated to accelerate product demand. Government initiatives to adopt green building technology is predicted to surge market growth. Growing adoption of the product in hotels, airports, office buildings, and multiplex is projected fuel product adoption. Increasing need to improve air quality in commercial and residential areas is anticipated to accelerate market growth. The product has less metal which is anticipated to accelerate fabric air dispersion market growth during the forecast period.
Fabric Air Dispersion Market Segmentation
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- By Type
Based on type, the market is divided into round, half round, and other.
Round is expected to be the leading part of segmentation type.
- By Application
Based on the application, the market is divided into commercial, public, industrial, and other.
Commercial treatment is expected to be the leading part of application segmentation.
DRIVING FACTORS
"Growing Adoption of Fabric Air Dispersion to Incite Market Expansion "
Increasing adoption of the product in commercial, public, and industries is anticipated to surge market growth. The product helps to increase energy conservation which is predicted to accelerate market growth. Increasing need to distribute airflow from air conditioning and heat ventilation is expected to propel market growth. Further, growing adoption of the product in transport is projected to drive market growth. Growing need to minimize suffocation across the room space is anticipated to accelerate market growth during the forecast period. Growing need to provide fresh indoor air quality is estimated to fuel fabric air dispersion market progress.
"Multiple Benefits Associated with Product to Accelerate Market Progress "
The product is flexible and lightweight, which is estimated to surge market growth. It allows uniform air dispersion flow is anticipated to accelerate market growth. It is precise and efficient in cooling, heating and ventilation, which is projected to boost product adoption. The material has no risk of condensation which is projected to drive market growth. Further, the product has a quick installation process, which is estimated to surge market growth. Rapid industrialization and urbanization globally are predicted to propel market growth in the forthcoming years. In addition, the product is quiet and absorbs noise which is estimated to accelerate market growth. Increasing disposable income among consumers is anticipated to fuel market development. Increasing demand from food processing units to distribute balance airflow is projected to fuel market growth. The product is capable of stretching up according to required length. Also, it helps to improve thermal conduction. Such advantages of the product are expected to accelerate fabric air dispersion market growth.
RESTRAINING FACTORS
"High Cost and Maintenance to Hamper Market Growth "
Higher cost associated with the product is estimated to restrict market growth. High maintenance and installation cost is anticipated to hamper market expansion during the forecast period.
Fabric Air Dispersion Market Regional Insights
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"Presence of Shopping Complexes and Hypermarkets in Asia Pacific to Drive Market Share"
Asia Pacific to witness highest fabric air dispersion market share due to increasing number of shopping complexes and hypermarkets. Growing spending for infrastructure development in the airports and railways project is anticipated to accelerate market growth. Increasing demand for air travel in the region is projected to drive market growth. Rising awareness of improving air quality is predicted to surge market expansion during the forecast period. Blooming tourism industry is estimated to propel market expansion during the forecast period.
Europe is estimated to witness significant market growth due to presence of major manufacturers in countries such as Denmark, Germany, Sweden, and U.K. Increasing construction activities and industrialization in the region are anticipated to surge market growth. New housing construction projects in countries such as Spain, France, Germany, Italy, Denmark, and Sweden are estimated to surge market growth.
North America is anticipated to experience stable growth due to several infrastructures and public transport development. Increasing need to improve energy conservation standards is estimated to fuel product adoption. Growing government imitative for green building is expected to propel market growth during the forecast period.
KEY INDUSTRY PLAYERS
"Leading Players Adopt Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Durkeesox (China)
- FabricAir (Denmark)
- Prihoda (France)
- DuctSox (U.S.)
- EURO AIR (Denmark)
- Hero Fabriduct (U.S.)
- Aedis (U.S.)
- Tianjin TEDA Bosion (China)
- JNS (India)
- Suzhou Buding (China)
- TurboaSOX (India)
- Avinsi
- ATC
- Buna
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 300 Million in 2021 |
Market Size Value By |
US$ 605.46 Million by 2031 |
Growth Rate |
CAGR of 7.3% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the fabric air dispersion market expected to touch by 2031?
The global fabric air dispersion market is expected to reach USD 605.46 million by 2031.
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What CAGR is the fabric air dispersion market expected to exhibit by 2031?
The fabric air dispersion market is expected to exhibit a CAGR of 7.3% by 2031.
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Which are the driving factors of the fabric air dispersion market?
Drivers of this fabric air dispersion market are the growing adoption of fabric air dispersion and the multiple benefits associated with the product
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Which are the top companies operating in the fabric air dispersion market?
Durkeesox, FabricAir, Prihoda, DuctSox, EURO AIR, Hero Fabriduct, Aedis, Tianjin TEDA Bosion, JNS, Buna, Suzhou Buding, Avinsi, ATC, and TurboaSOX are the top companies operating in the fabric air dispersion market.
