The global demand for Pipe Insulation Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2021 - 2027. Whereas with regards to volume, the market was calculated XX KT in 2020 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2021-2027.
Pipe insulation refers to the acoustic or thermal layer wrapped around pipes. It is available in fiberglass, plastic, and foil-backed fiberglass. A piping insulation system controls condensation, pipe freezing, energy-saving, extreme temperatures protection, and noise control. They reduce the wastage of energy in heat, furnaces, and pipes carrying fluids at elevated temperatures.
Market gains will be driven by rising residential building construction and industrial activity in developing countries. Rising government efforts to reduce energy consumption will lead to the adoption of new building codes that require increased insulation consumption. The market growth is further aided by advances in building construction activity and manufacturing and industrial output in Europe. However, insulation demand will decline significantly due to recent economy downturns caused by COVID-19 pandemic.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of pipe insulation.
The report segments the pipe insulation market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
- Cellular glass
- Polyurethane & Polyisocyanurate Foam
- Elastomeric Foam
- Building & Construction
- District Energy System
This section covers regional segmentation which accentuates on current and future demand for pipe insulation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Pipe Insulation Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pipe insulation market include BASF SE, Johns Manville, Saint-Gobain, Owens Corning, ROCKWOOL Limited, Knauf Insulation, Huntsman International LLC, Paroc Group, Cellofoam GmbH & Co. Kg, and Kaimann GmbH.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.