The Chimney Caps Market are essential accessories for homes with fireplaces and chimneys, providing protection from water damage, preventing debris and animals from entering the flue, and reducing downdrafts. The market offers a variety of options, including stainless steel, copper, and galvanized steel, and is driven by the increasing popularity of home renovations. As homeowners become more conscious of energy efficiency, the demand for chimney caps is likely to continue to increase, making this a lucrative market for manufacturers and retailers alike.

Top Companies

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.

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The market for chimney caps is primarily driven by rise in inclination toward the concept of fireplace mantel decor in residential sector. The chimney cap restricts small animals and birds from entering and blocking sparks from leaving the chimney, reduction in heating & gas bill, provision of a pleasing look, and maintaining a dry chimney act as drivers for the market. However, the location where the chimney cap is fitted can cause decolorization of that region and allow the accumulation of creosote or soot, which may be a major restraint for the market. The higher investments in the residential construction and manufacturing sectors are expected to provide lucrative opportunities for the growth of the chimney caps market.

Growing awareness about the beneficial usage of chimney caps such as restriction to entry of birds, squirrels, and other small animals inside the chimney and thereby the home through the fireplace is estimated to cater to the growth of the chimney caps market. Furthermore, increase in do-it-yourself (DIY) users in couple with easy installation of chimney caps is anticipated to encourage the market growth in the coming years. However, the inefficiency caused by chimney caps in heavy winter storms, snow and ice is expected to hinder the growth of the chimney caps market.

In 2017, Europe registered a significant growth rate in the chimney caps market and is expected to continue this trend during the forecast period, owing to increased focus toward adoption of chimneys in the residential sector. In addition, the single flue segment secured the highest share in the chimney caps market in 2017 and is expected to grow at a promising CAGR during the forecast period. In terms of application, residential sector is expected to contribute the highest market share in the coming years. Moreover, increase in emphasis on non-residential sector is expected to provide lucrative growth opportunities to small players in developing economies.

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