HVAC and plumbing distribution remains highly fragmented with consolidation runway

The distribution segment in HVAC and plumbing remains highly fragmented, signaling plenty of runway for continued consolidation. The global industrial refrigeration market is projected to grow at 6.2% CAGR through 2034.

“The distribution segment remains highly fragmented, signaling plenty of runway for continued consolidation. With the global industrial refrigeration market projected to grow at 6.2% CAGR through 2034, the fundamentals keep getting stronger.”

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