The global energy recovery ventilator core market is projected to grow from USD 1.01 billion in 2024 to USD 1.56 billion by 2030, at a CAGR of 7.4% from 2024 to 2030. The report examines market aspects such as energy recovery ventilator core market trends, share, forecast, outlook, production, and future growth potential. Major factors contributing to the growth of the energy recovery ventilator core market include a heightened focus on indoor air quality driven by climate change. The rise in global temperatures is also significantly boosting demand for recovery ventilator cores. Moreover, the boost in the construction of commercial and residential buildings in developing regions like China, India, and others is anticipated to create substantial growth opportunities for the market.

The engineered resin segment is expected to account for the largest value share of the energy recovery ventilator core market by material type during the forecast period.

The engineered resin segment is estimated to have the largest market share by value by material type. Engineered resins have superior durability, especially in harsh environments such as wet and freezing, making them suitable for various climate zones. Long-term durability combined with consistent performance and resistance to mold, bacteria, and other forms of degradation prove essential growth factors for this segment. Engineered resins are highly efficient in transferring heat and moisture, enhancing overall energy recovery in HVAC systems.

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By flow type, the crossflow segment is expected to account for the largest market share in terms of value during the forecast period.

Based on flow type, the crossflow segment is estimated to account for the largest share of the market during the forecast period. In crossflow ERV cores, exhaust air and supply air pass through separate channels, thus preventing air blending. This avoids the mixing of dirt, bacteria, and odors. The airflow design helps move heat well. Outside, cold air is warmed to near room temperature as it moves through various slats and channels. Thin metal panels, often aluminum, make very good crossflow cores and deliver thermal efficiency from 40% to 65%. These cores are very effective in large ventilation systems since they can remove large volumes of air. This makes them useful for houses, businesses, and factories- both for hospitals and gyms. They come in different sizes and designs, making them even more helpful for various project needs.

By shape, the hexagon segment is expected to account for the largest market share during the forecast period in terms of value.

Based on shape, the hexagon segment is estimated to account for the largest share of the market during the forecast period, primarily because its designs can be utilized in both counter-flow and cross-flow configurations. Counter-flow hexagonal ERV cores offer higher temperature efficiency than crossflow designs, as the airflow passes through parallel aluminum plates in opposite directions. Using counter-flow hexagonal ERV cores ensures that the fresh air and exhaust air streams are separated so that heat and mass transfer may occur. This leads to heat transfer from the warmer side to the cooler side and water vapor from the moist side to the drier side, all leading to improved energy saving and environmental benefits. Hexagonal cores are generally made from robust materials, like engineered resins or ultra-thin fibrous papers, which afford excellent vapor permeability, breathability, and tear resistance while providing significant mold resistance, structural strength, and minimal air leakage.

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North America will register the largest market share during the forecast period.

North America is estimated to lead the market during the forecast period. Growth in this region is mainly due to increased technology, higher adoption of advanced ventilation systems, and rising demands for energy-efficient solutions. An increase in construction activities, coupled with renovating residential and commercial properties and various industrial projects, further prompts the demand for ERV cores. Therefore, North America is a prime market due to better indoor air quality and energy efficiency.

Energy Recovery Ventilator Core Companies

Some of the leading players in this market include CORE Energy Recovery Solutions (Germany), HOLTOP (China), Greenheck Fan Corporation (US), Ruskin (US), and Innergy Tech Inc. (Canada).

CORE Energy Recovery Solutions (Germany)

CORE Energy Recovery Solutions was formed by merging three significant companies: Paul dPoint Technologies GmbH from Germany, CORE from Canada, and Recair B.V. from the Netherlands. CORE Energy Recovery Solutions is one of the leading energy recovery ventilator core manufacturers known as heat and enthalpy exchangers. The company uses production technologies, including robot-controlled systems and laser and ultrasonic welding, to produce its vast range of products. The company produces counterflow heat exchangers, crossflow heat exchangers, and customized heat and enthalpy exchangers. Its heat exchangers apply to residential buildings, commercial buildings, hotels, and sports facilities. The company marks its global presence by providing its products and services across North America, Europe, and Asia Pacific.

Innergy Tech Inc. (Canada)

Innergy Tech Inc. is one of the leading manufacturers of air-to-air heat and energy recovery products and one of the leading suppliers of such products to the HVAC industry. The company has over twenty years of experience in this field. It produces and markets its products under two major segments, including the commercial segment and the residential segment. Innergy Tech produces heat pipes, plates, and energy recovery wheels under the commercial segment, counter-flow cores and crossflow cores under its residential segment. The company is continuously involved in the research and development of new products. The company marks its global presence by providing its products and services in over twenty countries.

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Ruskin (US)

Ruskin is one of the leaders in the production of air control systems. Ruskin provides air control solutions, including dampers, louvers, energy recovery ventilators (ERV), air measurement devices, and sound control for HVAC systems. The company’s products in various commercial applications include data centers, high-rise buildings, retail, hotels, healthcare, and educational facilities. In 2014, Ruskin was acquired by Johnson Controls. The company operates in North America, Asia Pacific, and the Middle East.

HOLTOP (China)

HOLTOP is one of the leading manufacturers in China specializing in producing air-to-air heat recovery equipment. It has been dedicated to research and technology development in heat recovery ventilation and energy-saving air handling equipment since 2002. The company can provide a complete product line with up to 20 series and 200 specifications. Heat recovery ventilators, energy recovery ventilators, rotary heat exchangers, plate heat exchangers, fresh air filtration systems, and air handling units are among the products the company offers. The company has a geographic presence across Europe, North America, and Asia Pacific.

Greenheck Fan Corporation (US)

Greenheck Fan Corporation initially started as a small sheet metal shop but has now become one of the leading companies in producing air movement, control, and conditioning equipment. The company’s ventilation products can be found in ductwork, behind the walls, and in non-residential buildings around the globe, including hospitals, office buildings, hotels, restaurants, schools, shopping malls, and industrial plants. The company’s vast product range includes fans, louvers, dampers, kitchen ventilation systems, make-up air units, and energy recovery ventilators. Greenheck Fan Corporation provides three kinds of products under the energy recovery ventilators category, including preconditioners, modules, and residential energy recovery ventilators. The company marks its global presence by providing its products and services through its manufacturing centers and distribution facilities across North America and Asia Pacific.

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