The function of a chimney is to safely remove the products of combustion from a fireplace or appliance to outside of the building, without causing any danger to the occupants of the house. A chimney works because hot air rises and moves from high to low pressure. Factors such as running the appliance at a very slow rate or cold air leaking into the flue will cool the gases and affect the performance of the chimney. Flue & chimney pipes are accessories for chimney systems.
The global sales of flue & chimney pipes
increased from 12998.6 K Units in 2014 to 14043.1 K Units in 2018, at a CAGR of 1.95%. In 2018, the global flue & chimney pipes market is led by Europe. North America is the second-largest region-wise market. The global flue & chimney pipes market is valued at USD 545 million in 2018 and is expected to reach USD 584 million by the end of 2025, growing at a CAGR of 0.99% between 2018 and 2025.
Currently, Schiedel, Selkirk, DuraVent, Ubbink Centrotherm Group and Jeremias International are major manufacturers of this industry. Schiedel is a global leader. In 2018, the sales of Schiedel was 2554.3 K Units, and the company held a share of 18.19%. In the North American market, Selkirk and DuraVent have a good reputation and occupy an absolute market share. In the European market, Schiedel, Ubbink Centrotherm Group, Jeremias International and Cordivari are the market leader.
In Europe, the UK is the main target market for fireplace manufacturers. Current demand for wood stoves in the UK is primarily single room direct heating units, which account for 90% of market share.
In the future, GIR believes that the main sales markets for global flue & chimney pipes are still in the UK, Germany and the Northeastern United States, which are traditionally colder regions. GIR analysts believe that this market will grow moderately. On the one hand, the traditional way of heating has been gradually replaced. On the other hand, the price of the entire fireplace system is higher, which may limit the development of this industry.
Climatic conditions and folk customs will continue to be the best indicator of future demand for flue & chimney pipes. Demand in most downstream markets is greatly influenced by climatic conditions and folk customs. The people's pursuit of a healthy lifestyle may drive this market.