Underfloor heating Market

SKU: DM2177 | Last Updated On: Nov 29 2021 | No. of Pages: 180 | Available Formats

> Global Underfloor heating Market Expected to reach a high CAGR of 7.99% By 2028: DataM Intelligence

Global Underfloor heating Market is segmented By Product Type (Carbon Fiber, Glass Fiber, Others), By Application (Industrial, Residential, Commercial, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview

The Global "Underfloor Heating Market" is expected to grow at a CAGR of 7.99% during the forecasting period (2021-2028),

Owing to the rising construction activities all around the world is anticipated to drive the market over the forecast period.

Underfloor heating is a form of central heating that achieves indoor climate control for thermal comfort using conduction, radiation, and convection. The terms radiant heating and radiant cooling are commonly used to describe this approach because radiation is responsible for a significant portion of the resulting thermal comfort, but this usage is technically correct only when radiation composes more than 50% of the heat exchange between the floor and the rest of the space.

The report covers all the major trends and drivers playing a vital role in the growth of the global Underfloor Heating market. The global Underfloor Heating market has been segmented based on Component, Type, Application, and Region.

Market Overview

Market Dynamics

The global Underfloor Heating Market is primarily driven by heavy investments in infrastructure in developing nations like China and India. Long life cycle, low maintenance, corrosion resistance, heat resistance, lightweight, and other advantages of the Underfloor Heating has also attracted attention for its usage in the construction industry.

China Commercial real estate has become popular with foreign investors as funding constraints on domestic developers reduce valuations in the sector. Foreign investors announced deals worth $6.7bn in the first half of this year, according to consultancy CBRE, up from $2.6bn in the same period last year. 

However, the availability of low-cost substitutes in the market and the high R&D cost for the development of these Underfloor Heating has hampered the growth of Underfloor Heating.

Market Segmentation

By Product Type, the global Underfloor Heating Market is segmented into Carbon fiber, glass fiber, and others. Glass fiber composites have the dominant position in the Underfloor Heating market and are expected to retain its dominance in the forecasted period. However, due to the increase in industrial construction the demand for Carbon fiber composites will also increase due to their property of corrosive resistance, low thermal and electric conductivity. It is expected that Carbon fiber Underfloor Heating will grow at a CAGR of ~XX% during the forecast period.

By Application, the global Underfloor Heating Market is segmented into Industrial, Commercial, Residential, and Others. Underfloor Heating materials have higher dominance in the industrial application followed by residential application of Underfloor Heating, and its share is to increase due to the population growth leading to demand of dwelling place for the population, while Commercial application is also expected to grow in the forecasted period. And heavy investment in China for building up of the industries has also shown significant growth for industrial market as well.

Regional Analysis

By geography, the global Underfloor Heating Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).

APAC holds the largest market share for Underfloor Heating Market due to economic rise and rising activity in infrastructure and industrial development in developing nations like China and India has high demands for Underfloor Heating. The rise in urbanization in the region is another major region for the market to grow. Urbanization in India began to accelerate due to the country's adoption of a mixed economy, which gave rise to the development of the private sector. Urbanization is taking place at a faster rate in India. The population residing in urban areas in India, according to 1901 census, was 11.4%. This count increased to 28.53% according to 2001 census and crossing 30% as per 2011 census, standing at 31.16%. In 2017, the numbers increased to 34%, according to The World Bank.

However, North America is after APAC in terms of the market share of the Underfloor Heating Market due to large investment for infrastructure development and also due to an increase in the urban population, increasing the demand for residential construction.

In the Middle East and Africa (MEA) region, the middle east countries are expected to increase the market for the Underfloor Heating market as the activities for the construction is planned by the government. For instance, the government of Qatar is planning to spend over US$ 200 billion as part of a major infrastructure investment scheme between 2016 to 2022 as they are hosting the FIFA world cup 2022. The World Cup is expected to cost about US$ 30 billion, with stadiums accounting for US$10 billion. Africa’s demand for construction will also subsequently increase due to the rise in the economy which attracts more investments in infrastructure for the forecasted period 2020-2027.

Competitive Analysis

Key players are adopting strategies such as investing in R&D, new product launches, expansion in distribution channels to stand out as strong competitors in the market. Global Underfloor Heating Market is a fragmented market with the presence of various global and regional players in the market. The major players include Bedford Reinforced Plastics, Diversified Structural Composites, Exel Composites Oyj, and Hughes Brothers, Inc.. Other key players in the market include amco Corporation, Johns Manville, Strongwell Corporation, Trex Company, Inc., UPM Biocomposites, RPM International, and CRH Plc.

In April 2018, Exel Composites Plc (Mäntyharju, Finland) has signed an agreement to acquire 100% of the shares in Diversified Structural Composites Inc. (DSC, Erlanger, KY, US), from Teijin Carbon America Inc. (Rockwood, TN, US) a subsidiary of global carbon fiber manufacturer Teijin (Tokyo, Japan).

In November 2018, Johns Manville (JM), a global manufacturer of energy-efficient building products and engineered specialty materials and a Berkshire Hathaway company, announced the release of the first-ever fiberglass duct wrap with an installed thermal resistivity rating of R-12: Microlite® FSK. This Formaldehyde-free™ duct wrap is designed specifically to meet new code requirements set forth by the IECC in 2015 that mandate the use of R-12 insulation on ducts in unconditioned spaces in climate zones 5-8.  

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**The global Underfloor Heating market report would provide access to an approx., 56 market data tables, 46 figures, and 150 pages.

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Table of Contents

  1. Underfloor Heating Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Underfloor Heating Market– Market Definition and Overview

  3. Underfloor Heating Market– Executive Summary

    1. Market Snippet by Product Type
    2. Market Snippet by Application
    3. Market Snippet by Region
  4. Underfloor Heating Market Dynamics

    1. Market Impacting Factors
    2. Drivers
      1. Heavy investment on infrastructure development in the developing nations  
    3. Restraints
      1. Low cost substitutes are available  
  5. Impact Analysis
  6. Opportunities
  7. Underfloor Heating Market– Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
  8. Underfloor Heating Market– By Product Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      2. Market Attractiveness Index, By Product Type
    2. Carbon Fiber*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Glass Fiber
    4. Others
  9. Underfloor Heating Market– By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      2. Market Attractiveness Index, By Application
    2. Industrial*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Residential
    4. Commercial
    5. Others ​
  10. Underfloor Heating Market– By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
  11. Underfloor Heating Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  12. Underfloor Heating Market – Company Profiles

    1. Bedford Reinforced Plastics Company*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Diversified Structural Composites
    3. Exel Composites Oyj
    4. Hughes Brothers, Inc.
    5. amco Corporation
    6. Schoeck International
    7. Strongwell Corporation
    8. Trex Company, Inc
    9. UPM Biocomposites
    10. RPM International (List Not Exhaustive)
  13. Underfloor Heating Market– Premium Insights

  14. Underfloor Heating Market– DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables and Figures

List of Tables

Table 1 Global Underfloor Heating Market Value, By Product Type, 2018,2022 & 2028 ($ Million)

Table 2 Global Underfloor Heating Market Value, By Application, 2018,2022 & 2028 ($ Million)

Table 3 Global Underfloor Heating Market Value, By Region, 2018,2022 & 2028 ($ Million)

Table 4 Global Underfloor Heating Market Value, By Product Type, 2018,2022 & 2028 ($ Million)

Table 5 Global Underfloor Heating Market Value, By Product Type, 2017-2028 ($ Million)

Table 6 Global Underfloor Heating Market Value, By Application, 2018,2022 & 2028 ($ Million)

Table 7 Global Underfloor Heating Market Value, By Application, 2017-2028 ($ Million)

Table 8 Global Underfloor Heating Market Value, By Region, 2018,2022 & 2028 ($ Million)

Table 9 Global Underfloor Heating Market Value, By Region, 2017-2028 ($ Million)

Table 10 North America Underfloor Heating Market Value, By Product Type, 2017-2028 ($ Million)

Table 11 North America Underfloor Heating Market Value, By Application, 2017-2028 ($ Million)

Table 12 North America Underfloor Heating Market Value, By Country, 2017-2028 ($ Million)

Table 13 South America Underfloor Heating Market Value, By Product Type, 2017-2028 ($ Million)

Table 14 South America Underfloor Heating Market Value, By Application, 2017-2028 ($ Million)

Table 15 South America Underfloor Heating Market Value, By Country, 2017-2028 ($ Million)

Table 16 Europe Underfloor Heating Market Value, By Product Type, 2017-2028 ($ Million)

Table 17 Europe Underfloor Heating Market Value, By Application, 2017-2028 ($ Million)

Table 18 Europe Underfloor Heating Market Value, By 0, 2017-2028 ($ Million)

Table 19 Europe Underfloor Heating Market Value, By 0, 2017-2028 ($ Million)

Table 20 Europe Underfloor Heating Market Value, By 0, 2017-2028 ($ Million)

Table 21 Europe Underfloor Heating Market Value, By Country, 2017-2028 ($ Million)

Table 22 Asia-Pacific Underfloor Heating Market Value, By Product Type, 2017-2028 ($ Million)

Table 23 Asia-Pacific Underfloor Heating Market Value, By Application, 2017-2028 ($ Million)

Table 24 Asia-Pacific Underfloor Heating Market Value, By Country, 2017-2028 ($ Million)

Table 25 Middle East & Africa Underfloor Heating Market Value, By Product Type, 2017-2028 ($ Million)

Table 26 Middle East & Africa Underfloor Heating Market Value, By Application, 2017-2028 ($ Million)

Table 27 Bedford Reinforced Plastics: Overview

Table 28 Bedford Reinforced Plastics: Product Portfolio

Table 29 Bedford Reinforced Plastics: Key Developments

Table 30 Diversified Structural Composite: Overview

Table 31 Diversified Structural Composite: Product Portfolio

Table 32 Diversified Structural Composite: Key Developments

Table 33 Hughes Brothers, Inc.: Overview

Table 34 Hughes Brothers, Inc.: Product Portfolio

Table 35 Hughes Brothers, Inc.: Key Developments

Table 36 Johns Manville: Overview

Table 37 Johns Manville: Product Portfolio

Table 38 Johns Manville: Key Developments

Table 39 Trex Company, Inc: Overview

Table 40 Trex Company, Inc: Product Portfolio

Table 41 Trex Company, Inc: Key Developments

Table 42 Exel Composites Oyj: Overview

Table 43 Exel Composites Oyj: Product Portfolio

Table 44 Exel Composites Oyj: Key Developments

Table 45 amco Corporation: Overview

Table 46 amco Corporation: Product Portfolio

Table 47 amco Corporation: Key Developments

Table 48 Strongwell Corporation: Overview

Table 49 Strongwell Corporation: Product Portfolio

Table 50 Strongwell Corporation: Key Developments

Table 51 UPM Biocomposites: Overview

Table 52 UPM Biocomposites: Product Portfolio

Table 53 UPM Biocomposites: Key Developments

Table 54 RPM International: Overview

Table 55 RPM International: Product Portfolio

Table 56 RPM International: Key Developments

 

List of Figures

Figure 1 Global Underfloor Heating Market Share, By Product Type, 2018 & 2028 (%)

Figure 2 Global Underfloor Heating Market Share, By Application, 2018 & 2028 (%)

Figure 3 Global Underfloor Heating Market Share, By Region, 2018 & 2028 (%)

Figure 4 Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 5 Global Underfloor Heating Market Y-o-Y Growth, By Product Type, 2018-2028 (%)

Figure 6 Carbon Fiber: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 7 Glass Fiber: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 8 Others: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 9 Global Underfloor Heating Market Y-o-Y Growth, By Application, 2018-2028 (%)

Figure 10 Industrial: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 11 Residential: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 12 Commercial: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 13 Others: Global Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 14 Global Underfloor Heating Market Y-o-Y Growth, By 0, 2018-2028 (%)

Figure 15 Global Underfloor Heating Market Y-o-Y Growth, By 0, 2018-2028 (%)

Figure 16 Global Underfloor Heating Market Y-o-Y Growth, By 0, 2018-2028 (%)

Figure 17 Global Underfloor Heating Market Y-o-Y Growth, By Region, 2018-2028 (%)

Figure 18 North America Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 19 North America Underfloor Heating Market Share, By Product Type, 2018 & 2028 (%)

Figure 20 North America Underfloor Heating Market Share, By Application, 2018 & 2028 (%)

Figure 21 North America Underfloor Heating Market Share, By Country, 2018 & 2028 (%)

Figure 22 South America Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 23 South America Underfloor Heating Market Share, By Product Type, 2018 & 2028 (%)

Figure 24 South America Underfloor Heating Market Share, By Application, 2018 & 2028 (%)

Figure 25 South America Underfloor Heating Market Share, By Country, 2018 & 2028 (%)

Figure 26 Europe Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 27 Europe Underfloor Heating Market Share, By Product Type, 2018 & 2028 (%)

Figure 28 Europe Underfloor Heating Market Share, By Application, 2018 & 2028 (%)

Figure 29 Europe Underfloor Heating Market Share, By Country, 2018 & 2028 (%)

Figure 30 Asia-Pacific Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 31 Asia-Pacific Underfloor Heating Market Share, By Product Type, 2018 & 2028 (%)

Figure 32 Asia-Pacific Underfloor Heating Market Share, By Application, 2018 & 2028 (%)

Figure 33 Asia-Pacific Underfloor Heating Market Share, By Country, 2018 & 2028 (%)

Figure 34 Middle East & Africa Underfloor Heating Market Value, 2017-2028 ($ Million)

Figure 35 Middle East & Africa Underfloor Heating Market Share, By Product Type, 2018 & 2028 (%)

Figure 36 Middle East & Africa Underfloor Heating Market Share, By Application, 2018 & 2028 (%)

Figure 37 Bedford Reinforced Plastics: Financials

Figure 38 Diversified Structural Composites: Financials

Figure 39 Hughes Brothers, Inc.: Financials

Figure 40 Schoeck International: Financials

Figure 41 Trex Company, Inc: Financials

Figure 42 Exel Composites Oyj: Financials

Figure 43 amco Corporation : Financials

Figure 44 Strongwell Corporation : Financials

Figure 45 UPM Biocomposites: Financials

Figure 46 RPM International: Financials

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