Underfloor Heating System Market to Witness Growth Acceleration by 2031/ Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

Rapid expansion in building and construction industry coupled with cohesive government regulations that are imposed for environmental-friendly construction has enabled the manufacturers towards the development of energy-efficient heating systems. Underfloor heating system are used to maintain temperatures at a desired level by using thermal energy that is passed through a moderately hot element. It offers low maintenance cost and thermal comfort; resulting in the demand for underfloor heating systems. Underfloor heating system requires less functional energy than radiators and requires lower flow temperature to heat a room, which marks its rapid adoption across the globe. Favourable government regulation towards the use of underfloor heating is one of the prime factors propelling market growth. Underfloor heating uses renewable sources of energy and due to its low heat requirement, the underfloor heating systems can also run on solar panels. This results in the electricity cost reduction and provides cost-effective heating solution, in turn, fuelling the growth of the underfloor heating market.

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Market Coverage

Market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Underfloor Heating Market - Segmentation

By Product Type

Hydronic Systems

· Heating Pipes

· Sensors and Thermostats

· Manifolds

Electric Systems

· Heating Cables

· Heating Mats

By Application

Residential
Commercial
Industrial
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Underfloor Heating Market - Region

North America

US
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
India
Japan
Rest of Asia-Pacifi
Rest of the World

Middle East & Africa
Latin America
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