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Residential hydronic underfloor heating industry is set to expand due to growing preference for clean energy space heating solutions along with stringent building emission standards to enhance energy efficiency across residential establishments. Increasing green building projects, introduction of advance technologies and collaborative efforts to offer efficient heating in colder regions will drive the industry growth.
For instance, in October 2024, Haydale, in partnership with Staircraft, is developing a graphene-based underfloor heating system to address rising energy costs. The system has successfully completed initial trials, offering households a new way to reduce heating expenses. Moreover, ongoing expansion of residential establishments and increasing urbanization in developing countries has led to adoption of underfloor heating systems, significantly impacting the business dynamics.