Fiberglass Duct Board Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The fiberglass duct board market is experiencing steady growth, fueled by increased demand for energy efficient and sustainable HVAC heating, ventilation, and air conditioning solutions across various industries. In 2024, the global market size is estimated to be valued at approximately USD 6.5 billion, with a compound annual growth rate CAGR of around 5.8%. This growth is expected to continue over the next 5–10 years, with projections indicating the market could reach USD 10 billion by 2034.
The growth of the fiberglass duct board market is primarily driven by the rising demand for eco friendly insulation materials, energy efficient HVAC systems, and the expanding construction sector, particularly in emerging economies. As construction activities accelerate worldwide, especially in Asia Pacific, the need for advanced duct systems to improve energy efficiency and reduce noise pollution has contributed significantly to the market's growth. Moreover, the increasing emphasis on building codes and regulations for energy efficiency is pushing the adoption of advanced fiberglass duct boards.
Get an In-Depth Research Analysis of the Global Fiberglass Duct Board Market Size And Forecast [2025-2032]
Several factors are driving the growth of the fiberglass duct board market. These include:
Energy Efficiency and Sustainability: Growing concerns over energy consumption and the environmental impact of buildings are increasing the demand for energy efficient HVAC systems. Fiberglass duct boards offer superior insulation properties that reduce energy loss and improve system efficiency, making them a preferred choice.
Noise Reduction: Fiberglass duct boards are highly effective in noise reduction, an increasingly important factor in residential, commercial, and industrial construction projects. This has increased their application in sectors where quiet environments are crucial, such as healthcare and hospitality.
Building Codes and Regulations: Governments around the world are implementing stricter energy efficiency and building regulations. Fiberglass duct boards meet these regulations and help building owners achieve compliance with energy saving standards.
Despite the positive growth trends, the market faces several challenges:
High Initial Cost: Fiberglass duct boards tend to have higher upfront costs compared to traditional materials like sheet metal. This can deter some buyers, particularly in cost sensitive markets.
Environmental Concerns: While fiberglass is considered more eco friendly than many alternatives, its production process still involves energy intensive methods and raw materials that can contribute to environmental degradation if not sourced responsibly.
There are numerous opportunities for growth in the fiberglass duct board market, including:
Technological Advancements: The development of new manufacturing processes that reduce the environmental impact of fiberglass production and improve the material's insulation properties presents significant growth potential.
Emerging Markets: As urbanization continues to rise in emerging economies, the demand for energy efficient buildings is also expected to increase. This presents a large untapped market for fiberglass duct boards in regions such as Asia Pacific, Latin America, and the Middle East.
Increased Adoption in Commercial and Industrial Applications: The growing focus on reducing energy consumption and ensuring operational efficiency in industrial facilities is likely to drive demand for fiberglass duct boards in the commercial and industrial sectors.
The fiberglass duct board market can be segmented into various applications, including:
HVAC Systems: Fiberglass duct boards are most commonly used in HVAC systems for both residential and commercial buildings. Their high insulation properties make them ideal for reducing energy loss in heating and cooling systems.
Acoustic Insulation: Due to their ability to absorb sound, fiberglass duct boards are increasingly used in noise reduction applications, particularly in commercial and industrial environments where noise control is critical.
Air Handling Units: Fiberglass duct boards are also used in the construction of air handling units, where their insulating and sound dampening properties contribute to improved air quality and energy efficiency.
The end users of fiberglass duct boards can be categorized into the following sectors:
Residential: Homebuilders are increasingly incorporating fiberglass duct boards in residential construction projects due to their energy efficiency, noise reduction, and ease of installation.
Commercial: In commercial buildings, including office spaces, schools, and healthcare facilities, the demand for fiberglass duct boards is growing as businesses and institutions seek to reduce operational costs through energy efficient systems.
Industrial: Industrial facilities are adopting fiberglass duct boards to improve energy performance and enhance the working environment by reducing noise levels.
Geographically, the fiberglass duct board market is segmented into:
North America: The North American market is one of the largest for fiberglass duct boards, driven by the high demand for energy efficient buildings and strict building codes.
Asia Pacific: This region is expected to see the highest growth in the coming years, with rapid urbanization and industrialization driving demand for energy efficient construction materials, including fiberglass duct boards.
Europe: The European market is characterized by stringent environmental regulations and a strong focus on sustainability, which makes fiberglass duct boards an ideal solution for meeting energy efficiency standards.
Middle East and Africa: As infrastructure development accelerates in this region, the demand for energy efficient building materials, including fiberglass duct boards, is growing.
Several key players dominate the fiberglass duct board market, including:
Owens Corning: A leading manufacturer of fiberglass insulation products, Owens Corning offers a wide range of duct board solutions tailored to meet the demands of both residential and commercial applications.
Johns Manville: A subsidiary of Berkshire Hathaway, Johns Manville is a major player in the insulation industry, offering high quality fiberglass duct boards with exceptional thermal and acoustic performance.
Knauf Insulation: Knauf Insulation provides a range of energy efficient insulation solutions, including fiberglass duct boards designed for commercial, industrial, and residential applications.
Saint Gobain: A multinational corporation, Saint Gobain manufactures a variety of insulation products, including fiberglass duct boards, focusing on energy efficiency and sustainability.
Rockwool International: Known for its stone wool products, Rockwool also offers fiberglass duct boards for use in HVAC systems and other insulation applications.
As the fiberglass duct board market evolves, several trends and innovations are shaping its future:
Smart Insulation: The integration of smart sensors into fiberglass duct boards to monitor temperature, humidity, and energy consumption is an emerging trend. These sensors allow building owners to optimize energy usage and further reduce costs.
Eco friendly Manufacturing: Companies are increasingly focusing on developing more sustainable production methods for fiberglass, such as using recycled materials or reducing the carbon footprint during manufacturing.
Collaboration with HVAC Manufacturers: Many fiberglass duct board manufacturers are collaborating with HVAC system producers to develop integrated solutions that provide enhanced energy efficiency and reduced environmental impact.
Despite the market's positive outlook, several challenges persist:
Supply Chain Disruptions: The global supply chain has been affected by various factors, including raw material shortages and transportation delays. Manufacturers are addressing this by diversifying their supplier base and investing in local production facilities.
Price Fluctuations: The price of fiberglass can fluctuate based on raw material availability. To mitigate this, companies are exploring alternative materials and improving manufacturing efficiency to maintain cost competitiveness.
Regulatory Compliance: Stricter building codes and environmental regulations can pose challenges for manufacturers. However, this also presents an opportunity for companies that can develop innovative, compliant solutions to meet evolving standards.
The fiberglass duct board market is expected to continue its growth trajectory over the next decade, driven by increasing demand for energy efficient buildings, sustainability initiatives, and advancements in HVAC technologies. The ongoing trend toward green construction, along with the rising adoption of smart technologies, will continue to shape the market's future.
Key factors that will drive the market's evolution include advancements in manufacturing processes, rising consumer awareness of energy efficient solutions, and government regulations pushing for lower carbon emissions in the building sector.
The leading regions in the fiberglass duct board market include North America, Europe, and Asia Pacific, with rapid urbanization and increasing energy efficiency initiatives in Asia Pacific driving significant growth.
Fiberglass duct boards are primarily used in HVAC systems, air handling units, and acoustic insulation applications across residential, commercial, and industrial sectors.
Key challenges include supply chain disruptions, price fluctuations, and regulatory compliance. Manufacturers are addressing these issues through improved sourcing strategies and sustainable production methods.
Major players include Owens Corning, Johns Manville, Knauf Insulation, Saint Gobain, and Rockwool International, all of which contribute significantly to the market with a variety of product offerings and strategic initiatives.
The future growth potential of the fiberglass duct board market is promising, with significant opportunities in emerging markets, technological innovations, and increased demand for energy efficient construction materials.
```
Johns Manville
CertainTeed
GAF
ZDW Energy
Knauf Insulation
Biyang
Owens Corning
Manson Insulation
Spunstrand
Crawford
Virtual Polymer Compounds
Fanryn Technology
Twiga
Lamtec
Knauf
Armacell
RectorSeal
Duro Dyne
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Fiberglass Duct Board Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Fiberglass Duct Board Market
Residential
Commercial
lndustrial
Based on Types the Market is categorized into Below types that held the largest Fiberglass Duct Board market share In 2023.
Perforated Duct Board
Non-perforated Duct Board
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Fiberglass Duct Board Market Research Analysis
1. Introduction of the Global Fiberglass Duct Board Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fiberglass Duct Board Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fiberglass Duct Board Market, By Type
6. Global Fiberglass Duct Board Market, By Application
7. Global Fiberglass Duct Board Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Fiberglass Duct Board Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/