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New Trends Of Chimney Caps Market With Worldwide Industry Analysis To 2025

03-11-2020 05:00 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

New Trends Of Chimney Caps Market With Worldwide Industry

Allied Market Research recently published a report, titled, Chimney Caps Market by Type (Single Flue and Multi Flue) and Application (Residential and Non-residential): Global Opportunity Analysis and Industry Forecast, 2018 - 2025. The report provides an in-depth analysis of the key winning strategies, drivers & opportunities, market share, key segments, and competitive landscape. According to the report, the global chimney caps market garnered $112.1 million in 2017 and is expected to reach $128 million by 2025, registering a CAGR of 1.6% from 2018 to 2025.

Click Here For More Information About Chimney Caps Market @ https://www.alliedmarketresearch.com/chimney-caps-market

Rise in awareness of the benefits of chimney caps such as prevention of rainwater, birds, and animals from entering the chimney, reduction in heating & gas bills, and maintenance of a dry chimney with these chimney caps; their easy installation for residential do-it-yourself (DIY) users; affordability; and high adoption of the caps in residential and non-residential sectors drive the market growth. However, disadvantages of such chimneys such as regular maintenance and their working inefficiency in some weather conditions as well as strict government regulations related to chimneys restrain the growth of the market. Conversely, growing investments in the construction and manufacturing sectors are expected to provide opportunities for the growth of the market.

Single-flue segment to dominate, multi-flue to grow the fastest through 2025
Among types, the single-flue segment accounted for more than half of the market share in 2017 and would maintain its dominance through 2025. This is due to the growing awareness about the valuable usage of single-flue chimney caps such as affordability, and easy installation in residential sectors such as homes. However, the multi-flue segment would register the fastest CAGR of 1.9% from 2018 to 2025.

Request Sample Report @ https://www.alliedmarketresearch.com/request-sample/5201

Residential segment to be dominant through 2025
Among applications, the residential segment captured nearly two-thirds of the market share in 2017 and would maintain its dominance through 2025. However, the non-residential segment is likely to grow at the fastest CAGR of 1.7% through the forecast period.

North America to be dominant through 2025
The market in North America contributed nearly half of the total market share in 2017 and is anticipated to continue its dominance through 2025. This is due to the presence of key manufacturing companies and large investment in the chimney manufacturing sector. However, Europe would also grow at the fastest CAGR of 2.0% from 2018 to 2025. The other regions analyzed in the market study include Asia-Pacific and LAMEA (Latin America, Middle East, and Africa).

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5201

Industry Frontrunners
The key market players analyzed in the report include Artis Metals Company Inc., Chim Cap Corp, Chimney King, Fireplace Essentials, GLL, HY-C, National Chimney, Olympia Chimney Supply Inc., Owens Chimney Systems Inc., and Stromberg. These companies have implemented various strategies including expansions, mergers & acquisitions, partnerships, joint ventures, collaborations, and others to gain a stronghold in the industry.

Key Benefits:
o The report provides a qualitative and quantitative analysis of the current Chimney Caps market trends, forecasts, and market size from 2020 to 2026 to determine new opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market player positioning segment provides an understanding of the current position of the market players active in the Chimney Caps

Key offerings of the report:
o Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
o Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
o Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
o Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
o Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

Contact us:
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Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research

About us:
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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