The global market discussion on “Dryer Vents” can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Dryer Vents Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on global dryer vents market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.
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Dryer Vents Market: Introduction
Dryer vents are installed with the purpose of speeding the drying of clothes and preventing lint build-up. A clothes dryer evaporates water from wet clothes by blowing hot air over them. During the heating process the water gets converted into airborne water vapor, which leaves the building through the exhaust dust, commonly known as a dryer vent. Dryer vents are usually clogged with lint over time, which may cause fires. These vents are made of numerous materials, including metal, flexible plastic and rigid metal. Among these types, rigid metal vents are the most preferred option in the market as they result in cleaning, catch more lint, and can retard airflow. Furthermore, flexible ducts can be easily crushed and can, in turn, block the airflow, which may lead to lint fires. Numerous regulations are being imposed regarding the design of dryer vents in order to prevent residential fires. The design of dryer vents plays an important role in improving the dryer efficiency for proper drying of clothes.
Dryer Vents Market: Market Dynamics
The demand for highly efficient dryers has increased over the years. This is anticipated to give a necessary boost to the dryer vents market and boost the confidence of investors. This, in turn, will create further opportunities for augmentation of the dryer vents market in the coming years. Moreover, increasing urbanization across the globe is anticipated to further increase the demand for dryers in residential purposes. Furthermore, with augmentation of the hospitality industry across the globe, the demand for dryers is expected to witness incremental growth over the years. This is one of the key reasons that the demand for dryer vents is anticipated to boost in the years, which will further promote the growth of the dryer vents market over the assessment period. Moreover, manufacturers are focusing on developing retrofit dryer vents in order to augment the interior design and cope with the changing customer demand. Furthermore, introduction of damper and lighter dryer vents with longer lifespans and clean operating characteristics is anticipated to attract new customers, which is anticipated to create opportunities for the augmentation of the dryer vents market in the near future.
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However, the clogging of lint in dryer vents is one of the critical disadvantages in the use of dryer vents for the exhaust of water vapor from dryers. If dryer vents are not properly cleaned, it may lead to clogging of lint, which may cause residential fires. Attributing to this, other exhaust methods are becoming popular. Moreover, to counter such drawbacks, the governments of many countries have implemented stringent regulations pertaining to the design of dryer vents, which puts extra baggage on manufacturers and may have a negative impact on the confidence of investors and derail the anticipated growth of the dryer vents market in the coming years. Furthermore, flexible plastic dryer vents and metal dryer vents block the airflow, which overheats the dryers and increases the risk of residential fires. This may have a negative impact on the sales of the dryer vents over the coming years.
Dryer Vents Market: Regional Outlook
Increasing urbanization in the Asia Pacific region is anticipated to increase the demand for dryer vents in the coming years. This is anticipated to boost the demand for dryer vents during the assessment period in the Asia Pacific region. European countries such as Switzerland are focusing on implementing laws that encourage investment in the sales of dryers, which is anticipated to subsequently increase the demand for dryer vents over the forecast period. Prominent countries of North America, such as the U.S., are focusing on implementing programs in order to increase dryer efficiency, which is anticipated to surge the demand for dryer vents in North America.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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