Published: 29-Jan-2020 | Published By: Market Research Store
The published report on “Global Single Flue Chimney Caps Market –By Product (Concrete, Stainless Steel, Copper, and Others), By Application (Household and Commercial), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019–2025.” exhibits the escalating demand for global single flue chimney caps market in 2018 was approximately USD 58 Million. It is anticipated to reach around USD 67 Million by 2025 growing at a moderate CAGR of approximately 2%.
Browse Full Report 177 Market Data Tables and 46 Figures spread through 177 Pages and in-depth TOC on "Single Flue Chimney Caps Market (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2025" View detailed Table of Content here - https://www.marketresearchstore.com/report/global-single-flue-chimney-caps-market-professional-survey-582352
Single flue chimney caps are the coverings attached on small rectangular chimneys to prevent the entrance of birds and small rodents into houses via those chimneys. Moreover, the caps indirectly protect walls and ceilings from damage by not allowing moisture to enter through the chimneys.
Apart from the aforementioned benefits, the chimney caps help in regulating the surrounding heat and significantly cutsthe gas and electricity bills. Furthermore, these caps retain the smoke in the houses and prevent downdrafts. The chimney caps are affordable, easily installable, and have a high adoption rate among residential, industrial, and commercial sectors, which is considerably propelling the growth of the global single flue chimney caps market. In addition, recent increase in residential constructions in developing countries and increasing disposable income has triggered the global building & construction market which, in turn, has boosted the installation rates of single flue chimney caps; hence, propelling the global single flue chimney caps market.
The chimney installation may lead to expense addition such as regular maintenance costs. Besides this, the strict regulation set by the government regarding chimneys setup may impede the market growth. In the regions with extreme climatic conditions, the chimney installation is unavailing, which eventually hampers the regional single flue chimney caps market.
The global single flue chimney caps market is segmented based on the product, applications, and regions. By product, the market is bifurcated into concrete, stainless steel, copper, and others. By application, the market is categorized into household and commercial. By region, it is segmented into North America, Asia Pacific, Latin America, the Middle East & Africa, and Europe.
Based on application, household segment held the remarkable sharein the global single flue chimney caps market share in 2018. The segment is expected to maintain its dominance throughout the forecast period.
Based on the region, North America attained the dominant position by capturing a considerable share in the global market in 2018.The region is likely to maintain the leading position through 2025. The two key factors propelling the regional market are the presence of major chimney caps manufacturing industries and the rising investment in the chimney fabrication sector. However, Europe is projected to become the fastest-growing region for this sector during the forecast period.
Some of the key players in the global single flue chimney caps market include Volko Supply, GLL, HY-C, Beijing ShiTongWanDa, Chimney Cap Design, Olympia Chimney Supply Inc., Artis Metals Company Inc., Chim Cap Corp., Suzhou Taigao, Chimney King, Reliance Mfg., Fireplace Essentials, and Stromberg.
The global single flue chimney caps market is segmented as:
Global Single Flue Chimney Caps Market: By Product
- Stainless Steel
Global Single Flue Chimney Caps Market: By Application
Global Single Flue Chimney Caps Market: By Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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