The global pipe insulation market size was estimated at $8.5 billion in 2019 and is expected to further expand at a CAGR of 4% over the forecast period. Increasing demand for insulation across industries to increase the efficiency of industrial processes operating at extreme temperatures is expected to aid the market growth. Insulation materials help improve energy efficiency, reduce heat loss and reduce CO2 emissions. It also provides pipelines with frost protection at low temperatures, facilitating the adoption of pipe insulation in a variety of industries including oil and gas, power, industrial and residential.
A full report of Pipe Insulation Market available at: https://www.orionmarketreports.com/pipe-insulation-market/48864/
Key Market Players
• Paroc Group
• Knauf Gips KG
• Saint-Gobain
• Rockwool International A/S
• Huntsman Corp.
• Armacell LLC
Pipe Insulation Market Segmentations
By insulation type
• Hot Insulation
• Cold Insulation
By material type
• Glass Wool
• Mineral wool
• Elastomeric Foam & Rigid Foam
• Polyethylene
• Cellular Glass
• Aerogel
• Others
By end use
• Petrochemical Industries
• Pharmaceutical Industries
• Chemical Industries
• Others
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Pipe Insulation Market.
• The market share of the Pipe Insulation Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Pipe Insulation Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Pipe Insulation Market.
