The global pipe insulation market is projected to grow at a CAGR of 2%-4% during 2020-2025. The growth of pipe insulation market is driven by growing production of oil in countries, such as the US, Saudi Arabia, Iran, and Russia, and the presence of stringent regulations to insulate pipelines.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the pipe insulation market by
material type (rockwool, polyurethane & rigid polyiso foam, fiberglass,
elastomeric foam, and others), application (industrial, oil, district energy
systems, building & construction, and others),and region (North America,
Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the pipe insulation market?
Q.4 What are some
changing demands of customers in the pipe insulation market?
Q.5 What are the new
developments in the pipe insulation market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this pipe insulation area and how big of
a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this pipe insulation market?
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Market Segmentation:
Based on material type,
the pipe insulation market is segmented into rockwool, polyurethane & rigid
polyiso foam, fiberglass, elastomeric foam, and others. The rockwool segment is
accounted for the largest share of the market in 2020 as it has non-flammable
nature, high compressive strength, sustainable properties, and is eco-friendly.
Asia Pacific it is also
expected to witness the largest region and it is also expected to witness the
highest growth over the forecast period due to rising per capita disposable
income, rapid urbanization, and growing demand for district energy systems in
the region.
Key Players in the pipe insulation
market are Rockwool International, Owens Corning, Saint-Gobain, Kingspan,
Armacell International, Huntsman, Johns Manville, Knauf Insulation, BASF, and Covestro
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/pipe-insulation-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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