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AMA report reviews UK retail and trade adhesives market

The release of the 11th edition of the Domestic Central Heating Market report has been announced by AMA Research.

In common with other products in the building industry, the market has been impacted overall by the global financial crisis and resulting decline in UK housebuilding and home moving, the report notes.

It says the outlook for the UK domestic central heating market in Q4-2012 remains uncertain.

Medium-longer term prospects are dependent on the timing, speed and scale of recovery in the UK economy, with the related upturn in housebuilding and improvement in consumer confidence and spending.

However, planned government measures such as the Green Deal and the roll-out of smart meters across the UK may help to stimulate this market from 2013, the report states.

It adds that the future performance of the UK domestic heating market is likely to be influenced by overall trends in housebuilding, home improvement, fuel prices, energy efficiency legislation, renewable technologies, levels of personal disposable income, also niche market drivers such as the self build and conservatory markets. 

In addition, given that fossil fuels are diminishing and government targets for reduced CO2 emissions have to be met, the impact of renewable technologies on the UK central heating industry in the medium to longer term is likely to be significant.

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