Increasing growth of flame retardant microducts to drive the overall market
The global micro ducts market worldwide is expected to grow with a CAGR of 4.5% during the forecast period from 2019 to 2027, starting from US$ 0.23 Bn in 2018.
Flame retardant microducts are gaining immense popularity owing to increasing safety regulations by governments and regulatory authorities. In addition, increasing demand for safer and more cost-effective ducting solutions in electrical and construction applications is expected to drive the demand for flame retardant micro ducts over the forecast period. Moreover, increasing bio-based flame retardants in micro ducts and rising demand for flame retardant fiber optic cables are key elements anticipated to pose lucrative opportunities in the global market.
Market Synopsis
The Asia Pacific to Register the Fastest Growth Due to High Demand from China and India
The Americas will be the significant market contributor in terms of geographical regions throughout the forecast period. This is mainly due to the presence of a large number of manufacturers, especially in the U.S. Rising consumer spending on premium quality components, as well as increasing inclination of construction professionals to procure safer and regulatory complaint micro ducts, are projected to drive the North American market. Increasing construction activities in developing countries of Asia-Pacific, such as India and China, coupled with rising consumer spending towards optimizing the fiber optic network in these countries, are expected to drive the Asia-Pacific micro ducts market. Latin America and Middle East & Africa are expected to foresee considerable growth due to the increasing number of market players and the rising number of construction professionals in the region.
Some prominent players operating in the micro ducts market include Belden, CCSI, Blue Diamond Industries (BDI), Datwyler, Blownfibre, Dura-Line, Emtelle, Hexatronic, Kent Bluelight, and Eurolan, among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The microducts market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global micro ducts market based on application, type, and geography. Key segments covered in the report are as follows:
Segmentation Type Segment (2017–2027; US$ Bn)
Direct Install Type
Direct Burial Type
Flame Retardant Type
Application Segment (2017–2027; US$ Bn)
FTTX Networks
Backbone Networks
Others
Geography Segment (2017–2027; US$ Bn)
North America (the U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, Latin America)
Unique data points of this report
Key growth factors, challenges, and current trends pertaining to the global market
Major strategies adopted by market giants
Qualitative analysis through SWOT and industry chain analyses
Comprehensive quantitative analysis of key segments and regions
Frequently asked questions :
The market for Microducts Market is expected to reach US$ XX Bn in 2027.
The Microducts Market is expected to see significant CAGR growth over the coming years, at 4.5%.
The report is forecasted from 2019-2027.
The base year of this report is 2021.
Belden, CCSI, Blue Diamond Industries, Datwyler, Blownfibre are some of the major players in the global market.
