ComStar International

Jan 10, 2023

Major Players Bio-Cide International, Inc., Water Treatment Products Ltd., W.W. Grainger, Inc,  Ductworks Inc.,  Heat Seal Equipment Ltd., ComStar International Inc., Abatement Technologies, Ltd.,  Dr. Duct, WACO, INC., Pureduct Services Pvt Ltd, and SPAN-CHEM Technologies among other. Segmentation Analysis The fungicide segment is expected to be the fastest-growing segment in 2022. The application segment is a fungicide, bactericide, algaecide, deodorizer, and others. The fungicide segment is expected to witness the highest growth rate during the forecast period. Fungicide air duct cleaning agents are widely accessible, which drives the industry. It has a 30 second kill rate of 99.9%. PPE or rinsing are not required. It gets rid of microorganisms like E. coli O157, Salmonella, Staphylococcus, MRSA, and Candida albicans. The commercial segment is expected to be the fastest-growing segment in 2022. The end-user includes residential, commercial, and industrial. The commercial segment is expected to witness the highest growth rate during the forecast period. An increase in passengers is driving the category. For instance, it is anticipated that worldwide air passenger numbers would continue to climb quickly and top 4.2 billion in 2018. Additionally, as airport expansion and construction operations increase, so does the need for air conditioning and ventilation systems on a global scale. Regional Analysis            The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the air duct cleaning chemicals  include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia. The Asia Pacific region witnessed a major share. The recent expansion of the HVAC and building sectors can be attributed to the region's high need for air ducts. Growth in commercial construction projects as well as an increase in the number of shopping centers and retail establishments will significantly boost the need for air ducts in the area. Asia, whose building construction expenditures exceeded USD 4.5 trillion, was reported to have accounted for about half of global construction project spending in 2020. Country Analysis Germany Germany's Air Duct Cleaning Chemicals market size was valued at USD 0.86 billion in 2022 and is expected to reach USD 1.08 billion by 2030, at a CAGR of 3.0% from 2023 to 2030. One of the most advanced home businesses is found in Germany. Many well-known players call it home. Chemicals for cleaning air ducts are frequently used in the residential sector. It is lighter and less expensive to produce because of its properties. The market for air duct cleaning chemicals in the nation is therefore expected to grow over the course of the forecast period. China China Air Duct Cleaning Chemicals market size was valued at USD 1.51 billion in 2022 and is expected to reach USD 2.09 billion by 2030, at a CAGR of 4.2% from 2023 to 2030. The building is one of China's key businesses and has a big impact on the growth of the country's economy. This industry had great growth even in the middle of the present economic crisis. This is so because the government believes that investing in infrastructure could help to boost economic growth in the midst of a downturn. Similar investments are projected in the building sector to help the economy. Construction activity nationwide resumed in April. 26 infrastructure projects with a projected cost of USD 142 billion were approved by the Chinese government in 2019. The National Development and Reform Commission estimates that these projects ought to be completed by 2023. India India's Air Duct Cleaning Chemicals market size was valued at USD 1.36 billion in 2022 and is expected to reach USD 1.83 billion by 2030, at a CAGR of 3.8% from 2023 to 2030. In the building and construction sector, air duct cleaning chemicals are frequently employed for a variety of purposes. India is anticipated to earn a large market share over the course of the forecast period as a consequence of the expansion of the construction and industrial industries, as well as other reasons. Covid-19 Impact Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries. Furthermore, the growth of the air duct cleaning chemicals market is mainly driven owing to the increasing usage of air duct cleaning chemicals by end-user industries. Buy Now Full Report @ https://greyviews.com/checkout/303/single_user_license Contact Us