NEW YORK, July 17, 2019 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05793214/?utm_source=PRN
The global chimney caps market size is expected to reach $128.0 million by 2025 from $112.1 million in 2017, growing at a CAGR of 1.6% from 2018 to 2025.
A chimney cap covers the opening of a chimney. The chimney cap is essential for the safety of the chimneys present on the roof of residential houses and industries. It prevents birds, leaves, and other debris to enter into the chimney. These chimney caps are typically vertical to ensure that the hot gases and smoke from a boiler, furnace, and fireplace flow smoothly to the outside atmosphere.
The key factor that drives the growth of the global chimney caps market includes rise in the residential and non-residential sector construction activities. Moreover, chimney caps are affordable and easy to install. The price of the chimney cap, whether specialty caps or stainless-steel caps, is much economical than having to repair the damages caused by not adding one on the chimney. Hence, the low price of chimney caps is expected to supplement the chimney caps market growth.
The global chimney caps market is segmented based on type, application, solution, and region. The type segment includes single flue and multi flue. The application segment is further divided into residential and non-residential. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, North America contributed the highest share in the chimney caps market and is anticipated to secure the leading position during the forecast period, owing to the presence of key manufacturing companies and significant investment in the chimney caps manufacturing sector.
The key 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.
KEY MARKET SEGMENTS
• North America
o Rest of Europe
o Rest of Asia-Pacific
o Latin America
o Middle East
• Artis Metals Company Inc.
• Chim Cap Corp
• Chimney King
• Fireplace Essentials
• National Chimney
• Olympia Chimney Supply Inc.
• OWENS CHIMNEY SYSTEMS Inc.
Read the full report: https://www.reportlinker.com/p05793214/?utm_source=PRN
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