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.
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.
Scope of the Report:
The research on the Chimney Caps market concentrates on extracting valuable data on swelling investment pockets, significant growth opportunities, and major market vendors to help understand business owners what their competitors are doing best to stay ahead in the competition. The research also segments the Chimney Caps market on the basis of end user, product type, application, and demography for the forecast period 2021–2027. Detailed analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, which include charts, tables, and infographics.
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The research provides answers to the following key questions:
- What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Chimney Caps market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Chimney Caps market?
- What are the prominent market trends influencing the development of the Chimney Caps market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Chimney Caps market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?