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    Pipe Insulation Market Report

    Pipe Insulation Market Report
    Report code - SRCE227 Delivery - 2 Weeks
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    Pipe Insulation Market Size, Share, Trend, Forecast, & Industry Analysis – 2021- See more...

    Impact of COVID-19 on Pipe Insulation Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Pipe Insulation Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Pipe Insulation Market Insights

    Pipe Insulation Market is likely to witness a moderate CAGR of 3.4% during the forecast period. The prime factor that is contributing to the demand for pipe insulation is  growing production of oil in countries such as the US, Saudi Arabia, Iran, and Russia, along with the presence of stringent regulations to insulate pipelines.

    Pipe Insulation Market - Snapshot

    Growth

    3.4% for the next five years

    Major Material Type

    Rockwool

    Dominant Application Type

    Industrial

    Region with the highest demand

    Asia-Pacific

    Key Players

    Rockwool International A/S, Armacell International Holding GmbH, Kingspan Group plc, Owens Corning, Saint-Gobain S.A., Huntsman Corporation, Johns Manville, Knauf Insulation, BASF S.E., Covestro AG

     

    Market Share Analysis

    Pipe-Insulation-Market-Dominant-Segments

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    Pipe Insulation Market Share: By Application Type

    Based on the application type, the market is segmented as industrial, oil, district energy systems, building & construction, and other applications. The industrial segment holds the largest market share, followed by the oil segment, in terms of value. Rapid industrialization in the developing economies such as APAC and South America; and the necessity to insulate pipelines used in various process industries are the major growth drivers of the market for the industrial segment during the forecast period.

    Pipe Insulation Market Share: By Material Type

    Based on the material type, the market is segmented as rockwool, polyurethane & polyisocyanurate foam, fiberglass, elastomeric foam, and others. The rockwool material type is expected to rule the market during the forecast period, in terms of value, owing to its non-flammable nature and high compressive strength, which drive its demand in various applications. Adding to its properties is its sustainability, as it does not cause any harm to the environment.

    Pipe Insulation Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest pipe insulation market during the forecast period, owing to the growing industries in the region’s emerging economies, such as China and India. They are majorly driven by the rising per capita disposable income, rapid urbanization, and growing demand for district energy systems, creating high growth for the market. Adding to the growth drivers is the high growth in various industries such as pharmaceuticals, food processing, and chemicals.

    Pipe-Insulation-Market-By-Region

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    Some of the major players in the pipe insulation market are-

    • Rockwool International A/S
    • Armacell International Holding GmbH
    • Kingspan Group plc
    • Owens Corning
    • Saint-Gobain S.A.
    • Huntsman Corporation
    • Johns Manville
    • Knauf Insulation
    • BASF S.E.
    • Covestro AG.

     

    Market Scope & Segmentation

    Pipe insulation is a material or combination of materials which add a protective covering to pipes and reduces the heat loss or heat gain from surfaces operating at temperatures above or below the surrounding temperature.

    Pipe Insulation materials are of different types, such as rockwool, polyurethane & polyisocyanurate foam, fiberglass, elastomeric foam, and others, that are used in various applications, such as industrial, oil, district energy systems, building & construction, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Pipe Insulation Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The pipe insulation market is segmented into the following categories. 

    Pipe Insulation Market Size, Share, & Forecast, by Application Type:

    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • District Energy Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Applications (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Pipe Insulation Market Size, Share, & Forecast, by Material Type:

    • Rockwool (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyurethane & Polyisocyanurate Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Elastomeric Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Pipe Insulation Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Pipe-Insulation-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The pipe insulation market is expected to witness an impressive growth of 3.4% CAGR in the foreseeable future.

    Rockwool International A/S, Armacell International Holding GmbH, Kingspan Group plc, Owens Corning, Saint-Gobain S.A., Huntsman Corporation, Johns Manville, Knauf Insulation, BASF S.E., Covestro AG are among the key players in the pipe insulation market.

    Asia-pacific is expected to be the largest pipe insulation market during the next five years.

    The prime factor that is driving the growth of pipe insulation market is growing production of oil in countries such as the US, Saudi Arabia, Iran, and Russia, along with the presence of stringent regulations to insulate pipelines.

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