The According to a market research report, the Hot & Cold Systems Market by Raw Material (Plastic, Metallic, Metalized Plastic), Application (Water Plumbing Pipes, Radiator Connection Pipes, Underfloor Surface Heating & Cooling), Components, End-Users, And Region – Global Forecast to 2028″, is projected to reach USD 27.0 billion by 2028, at a CAGR of 6.3% from USD 19.9 billion in 2023. The replacement & upgrading of aging infrastructure in the end-use industries, along with government support & incentives for the adoption of underfloor heating systems, has contributed significantly to the growth of the global hot & cold systems market.
Download PDF Brochure: https://www.
Browse
200 Market data Tables
50 Figures
280 Pages and in-depth TOC on “Hot & Cold Systems Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
The key players in the hot & cold systems market include RWC (US), Orbia (Mexico), Georg Fischer Limited (Switzerland), Geberit (
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the hot & cold systems market.
Recent Developments in Hot & Cold Systems Market
- In March 2023, RWC launched two new product ranges i.e., SharkBite Max fittings and PEX-a pipe in the Americas to cater to the unmet demand in the country. This launch was aimed at offering a reliable and leak-free connection for various plumbing applications, including pipes, valves, and fixtures.
- In March 2023, Chevron Phillips invested USD 45 million in Closed Loop Partners’ Circular Plastics Fund to manufacture recycling system for PE, PP and flexible plastics for high-quality recycled material.
- In April 2023, Wienerberger acquired
Wideco Sweden AB to extend its smart solutions business in sustainable building and energy.
Request Sample Pages: https://www.
Based on raw materials, plastic is the largest segment. Owing to its various excellent properties over metal and metalized plastic pipes such as plastic pipes are lightweight, easy installation, corrosion resistance, and cost-effective compared to other pipes. Additionally, plastic pipes offer excellent thermal insulation properties, lower energy losses, and reduced maintenance requirements, making them a preferred choice for modern construction and infrastructure projects.
Based on End-user, residential is the largest segment of the hot & cold systems market due to factors such as increasing urbanization, population growth, and rising standards of living. The demand for residential heating and cooling systems is driven by the need for comfortable living spaces, while commercial applications often have more specific and varying requirements, leading to a comparatively slower growth rate than residential end-users.
North America is the second-largest market for hot & cold systems. This regional analysis delves into the market dynamics of Plastic, metallic, and metalized plastic pipes, along with fixtures & connections used in hot & cold systems, highlighting their respective applications and the impact of economic recession on the industry. Additionally, it explores the global trends shaping the hot & cold systems market, such as the growth of the construction & infrastructure sector, environmental regulations, technological advancements, and the increasing emphasis on sustainable solutions.
Inquire Now: https://www.
Download PDF Brochure of Trending Industry Upcoming Reports:
