According to a market report by Lucintel, the future of the global process exhaust duct market looks promising with opportunities in the petrochemical, pharmaceutical, and water treatment markets. The global process exhaust duct market is expected to grow with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing awareness of environmental pollution and stringent regulations regarding emissions control, ongoing technological advancements in ducting materials, fabrication techniques, and exhaust system design, as well as, retrofitting or upgrading of exhaust systems to meet modern standards and improve efficiency.
A more than 150-page report to understand trends, opportunity and forecast in process exhaust duct market to 2030 by type (steel duct, aluminum duct, PVC duct, and others), application (petrochemical, pharmaceutical, water treatment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, steel duct is expected to witness the highest growth over the forecast period.
Within the application category, petrochemical is expected to witness the highest growth.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the process exhaust duct market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Lucintel
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