세계의 불소수지 코팅 덕트 시장 예측(-2030년) : 유형별, 코팅 재료별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Fluoropolymer Coated Duct Market is growing at a CAGR of 5.65% during the forecast period. Fluoropolymer-coated ducts are ventilation conduits with a surface coating of materials like PTFE, offering corrosion resistance and durability. Their importance lies in providing clean air circulation and enhanced thermal management, which are vital for HVAC systems in industries, commercial buildings, and residences. These ducts ensure improved indoor air quality, energy efficiency, and longevity in harsh environments.

According to the European Automobile Manufacturers' Association (ACEA), with growing industry investments and national support measures to boost car sales during the COVID crisis, the electrically-chargeable cars accounted for 10.5% market share in 2020.

Market Dynamics:

Driver:

Rising demand for HVAC systems

The demand for effective ventilation systems is rising as businesses, residences, and industries place a greater emphasis on indoor air quality. Fluoropolymer-coated ducts offer superior durability, corrosion resistance, and enhanced performance within HVAC systems, ensuring cleaner air circulation and more effective temperature regulation. Moreover, the growing awareness of the significance of clean air for health and well-being has further amplified this demand, and the HVAC sector prefers these ducts since their adoption lowers energy consumption and aligns with sustainability objectives, both of which add to the increasing significance of energy efficiency. Thus, there is an increasing demand for market growth.

Restraint:

Challenges in installation and maintenance

Fluoropolymer-coated ducts have specific features and complicated installation processes that require specialised knowledge and equipment to install. It may be difficult to find labourers with the necessary skills to handle these duct systems, which could raise installation prices and cause delays. Furthermore, specialised knowledge may be needed due to the complexities of maintenance and repair jobs, such as making sure that proper sealing and handling are done. Adoption may be hampered by these methods' complexity, especially in retrofitting applications where changes are required to the current infrastructure.

Opportunity:

Advancements in technology

Advancements in technology offer significant opportunities within the fluoropolymer-coated duct market. Ongoing advancements in materials science, coating compositions, and application methods offer opportunities to improve the properties and functionality of fluoropolymer coatings. Enhancements to these coatings' toughness, resistance to corrosion, affordability, and ease of installation have the potential to completely transform the duct system market. Moreover, the creation of novel application techniques, including inventive coating or spraying methods, may result in more accurate and efficient application procedures, which would simplify installation. As a result, it is driving market demand.

Threat:

Competition from alternative materials

New materials or more well-established substitutes with similar attributes, such as corrosion resistance, lifespan, or price, pose a threat to fluoropolymer-coated ducts. The market share of these duct systems could be threatened if rival materials are able to match the performance characteristics of fluoropolymer coatings at possibly lower costs. Furthermore, improvements in ceramic coatings, composite materials, or substitute polymers with similar claims might encourage customers to switch from fluoropolymer-coated ducts.

COVID-19 Impact

The COVID-19 pandemic affected the market for fluoropolymer-coated ducts by disrupting supply chains, halting construction, and changing demand patterns. Manufacturing and installation were delayed as a result of lockdowns and limitations because of labour shortages and logistical difficulties. The use of fluoropolymer-coated ducts in commercial and residential buildings was impacted by the decline in construction projects, which in turn reduced the immediate need for HVAC systems. Whereas companies and residences prioritise effective ventilation systems for better indoor environments, increased awareness of indoor air quality and the probable return of construction activity have created a potential future need for these ducts.

The Polytetrafluoroethylene (PTFE) segment is expected to be the largest during the forecast period

The Polytetrafluoroethylene (PTFE) segment is estimated to hold the largest share. Polytetrafluoroethylene (PTFE) is a strong, tough, waxy, and non-flammable synthetic resin produced by the polymerization of tetrafluoroethylene, commonly recognised by the brand name Teflon®. In the duct industry, PTFE coatings provide robust protection against corrosion, extreme temperatures, and harsh chemicals. Industries such as aerospace, automotive, and chemical processing rely on PTFE-coated ducts for their durability and reliability in demanding environments. With its ability to withstand challenging conditions and ensure longevity, PTFE emerges as a pivotal segment driving innovation and adoption within the fluoropolymer-coated duct market.

The Commercial and Residential Buildings segment is expected to have the highest CAGR during the forecast period

The Commercial and Residential Buildings segment is anticipated to have lucrative growth during the forecast period. Fluoropolymer-coated ducts are preferred for heating, ventilation, and air conditioning (HVAC) systems due to their durability, corrosion resistance, and high-performance characteristics. These ducts ensure improved air quality, energy efficiency, and reduced maintenance needs in buildings. Their use in construction projects, ranging from office complexes, shopping malls, and hospitals to residential apartments and homes, signifies the importance of fluoropolymer-coated ducts in providing reliable and efficient HVAC solutions for various building types.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period. The increased industrialization of countries like China, India, Japan, and Southeast Asia is driving up demand for sophisticated duct systems. These systems, with their fluoropolymer coatings, are becoming increasingly prevalent because of their ability to withstand chemicals, high temperatures, and corrosion. Because of these ducts' resilience and dependability under demanding operating conditions, several industries, including chemical processing, automotive, semiconductor manufacturing, and pharmaceuticals, are driving their use. Additionally, the region's developing infrastructure and construction industries also support market expansion.

Region with highest CAGR:

North America is expected to witness profitable growth over the projection period. North America serves as a prominent hub for the adoption of fluoropolymer-coated duct systems, offering reliability, durability, and superior performance across a spectrum of industrial applications. Industries like chemical processing, automotive, aerospace, and semiconductor manufacturing favour these coatings for their exceptional resistance to harsh chemicals, extreme temperatures, and corrosive environments. The region's stringent environmental regulations drive the demand for durable, corrosion-resistant, and high-performance duct systems, where fluoropolymer coatings play a pivotal role.

Key players in the market:

Some of the key players in the Fluoropolymer Coated Duct Market include Daikin, Acesian Technologies, DuPont de Nemours, Inc., Kenyon Pte, SEBO MEC, Sigma Roto Lining, Empico Coating, The Chemours Company, Saint-Gobain Performance Plastics, TCP Global, 3M Company, Hubei Everflon Polymer, AFT Fluorotec, Solvay S.A., Dongsheng (Zhangjiagang), Anhui Gelinsida and Rudolf Gutbrod GmbH.

Key Developments:

In June 2023, DuPont and JetCool Technologies Inc. announced a collaboration to increase adoption of advanced liquid cooling technology, enabling thermal management for semiconductors, data centers and other high-performance computing applications. Together, DuPont and JetCool will introduce a new sales channel that brings JetCool's advanced cooling solutions to semiconductor companies in Taiwan and Singapore.

In March 2023, DuPont announced the commercial launch of the next generation of multi-capillary PES In-Out Ultrafiltration (UF) membranes-DuPont™ Multibore™ PRO. Customers can leverage Multibore™ PRO to reduce the number of modules needed in water purification systems - as part of multi-technology approaches to desalination, municipal drinking water, or industrial water applications.

Types Covered:

• Round Ducts
• Custom-Shaped Ducts
• Oval Ducts
• Rectangular Ducts

Coating Materials Covered:

• Polytetrafluoroethylene (PTFE)
• Ethylene Tetrafluoroethylene (ETFE)
• Ethylene chlorotrifluoroethylene (ECTFE)
• Other Coating Materials

End Users Covered:

• Commercial and Residential Buildings
• Energy
• Chemical
• Industrial Manufacturing
• Electronics and Semiconductor
• Automotive
• Pharmaceutical
• Food and Beverage

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Fluoropolymer Coated Duct Market, By Type

• 5.1 Introduction
• 5.2 Round Ducts
• 5.3 Custom-Shaped Ducts
• 5.4 Oval Ducts
• 5.5 Rectangular Ducts

6 Global Fluoropolymer Coated Duct Market, By Coating Material

• 6.1 Introduction
• 6.2 Polytetrafluoroethylene (PTFE)
• 6.3 Ethylene Tetrafluoroethylene (ETFE)
• 6.4 Ethylene chlorotrifluoroethylene (ECTFE)
• 6.5 Other Coating Materials

7 Global Fluoropolymer Coated Duct Market, By End User

• 7.1 Introduction
• 7.2 Commercial and Residential Buildings
• 7.3 Energy
• 7.4 Chemical
• 7.5 Industrial Manufacturing
• 7.6 Electronics and Semiconductor
• 7.7 Automotive
• 7.8 Pharmaceutical
• 7.9 Food and Beverage

8 Global Fluoropolymer Coated Duct Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Daikin
• 10.2 Acesian Technologies
• 10.3 DuPont de Nemours, Inc.
• 10.4 Kenyon Pte
• 10.5 SEBO MEC
• 10.6 Sigma Roto Lining
• 10.7 Empico Coating
• 10.8 The Chemours Company
• 10.9 Saint-Gobain Performance Plastics
• 10.10 TCP Global
• 10.11 3M Company
• 10.12 Hubei Everflon Polymer
• 10.13 AFT Fluorotec
• 10.14 Solvay S.A.
• 10.15 Dongsheng (Zhangjiagang)
• 10.16 Anhui Gelinsida
• 10.17 Rudolf Gutbrod GmbH