Underfloor Heating Market Recovery in 2009

June 9, 2009 - PRLog -- The new report from MTW Research also found that market deterioration in 2008 may not have been as severe as some commentators have suggested, with 53% of underfloor heating suppliers reporting growth in excess of 10%.  Further, the research also found that whilst 7% of the industry is regarded as being ‘at risk’, more than 75% of companies in the market have an excellent or exceptional credit rating, underlining a core, fundamental strength within the UK underfloor heating industry in mid 2009.  

The report also points to a changing dynamic in the underfloor heating industry in recent months, with market growth increasingly reliant on smaller projects within the domestic market.  According to MTW, volume demand has declined substantially in recent months from commercial and non-domestic end use sectors, with suppliers being required to shift focus quickly in order to maintain sales.  

Despite this shift in end use demand patterns, the report, based on quantitative sales figures from the industry, highlights a number of key market influences which should offer opportunities for the sector to return to healthy levels of growth relatively quickly and which should underpin buoyant market performance in the longer term.  One such issue identified by MTW is the increasing emphasis on energy efficiency and the environmental benefits offered by underfloor heating products in contrast to more traditional heating systems.  As energy efficiency becomes more important in the specification process within both domestic and non-domestic applications, the report indicates that this issue should represent a key differentiator for UFH products within the wider HVAC market.  

The report provides a comprehensive review of the UK underfloor heating market, forecasts industry trends for 2009-2013 and analyses the structure of the industry in 2009.   The report also ranks the UFH companies by a number of criteria and provides sales estimates and market share figures.  MTW have also developed a quick and easy method of profiling each company’s financial health through their ‘at a glance’ charts.  The report package also includes mailing, telephone and contact details for the leading players in the market, resulting in a comprehensive industry analysis and a useful sales & marketing tool.  The report is available to purchase from GBP375 from MTW Research’s website www.marketresearchreports.co.uk where a free sample is available to download or by calling 08456 524324.

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MTW Research are a leading publisher of UK market research reports, databases and competitor analysis reports for a wide range of sectors including DIY, environmental, food & drink, construction, building, manufacturing and several other industries.