Pipe Insulation Market: By Product (Fiberglass, Polyurethane & Polyisocyanurate, Foam, Rockwool, Elastomeric Foam and Others), By Application (Oil, Building & Construction, Industrial, District Energy Systems and Others) and Geography

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Pipe Insulation Market was valued at USD 8.8 billion in 2022 and is anticipated to grow at USD 10.4 billion till 2028 recording a significant CAGR of 3.5% from 2023-2029. Pipe insulation is a substance or a combination of materials that is used to provide a protective coating around pipes. Heat, moisture, corrosion, chemical reactions, damages, and breaking are all managed and controlled by this layer. Power transmission, chemicals, paper production, building and construction, electronics and electrical, automotive, food and beverage, and other industries all employ pipe insulation goods. Mineral glass fibre, mineral wool, polyurethane foam, glass wool, calcium silicate, expanded perlite, refractory fibre, expanded silica, and other materials are used in the pipe insulation process. In industrial facilities, commercial buildings, and power plants, mineral glass fibre insulation is utilised on cold, hot, exposed, and concealed pipes. Mineral wool insulation is used to insulate industrial and residential pipework at temperatures ranging from -150 degrees Celsius to +650 degrees Celsius. Straight pipelines are insulated with polyurethane foam. It's more adaptable, acts as a water repellent, and is chemically resistant. Insulation has been widely used for decades to maximize energy conservation and maintain temperatures in flowing fluids. Corrosion under insulation is one of the most difficult processes to prevent. It is a major safety threat to chemical processes with pipes and pressure vessels for moving and storing fluids. Hence, corrosion under insulations issues leading to health related incidents hampers the market growth. Global pipe insulation market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in October 2018, Saint-Gobain acquired Kaimann GmbH International, which is one of Europes leading manufacturers of elastomeric insulation products.

Global Pipe Insulation Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.5%

Largest Market

Asia-Pacific

Fastest Growing Market

North America
Drivers and Restrains

The report on global pipe insulation market gives historical, current, and future market sizes (US$ Bn) on the basis of product, application and region.This report studies global pipe insulation market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.In addition, global pipe insulation market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.Moreover, PBI analyzed global pipe insulation market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).Key stakeholders of the global pipe insulation market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global pipe insulation products.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Pipe Insulation Market Segmentation

By Material Type
  • Fiberglass
  • Polyurethane & Polyisocyanurate Foam
  • Rockwool
  • Elastomeric Foam
  • Others
By Application
  • Oil
  • Building & Construction
  • Industrial
  • District Energy Systems
  • Others
By Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The key segments covered in the Pipe Insulation Market are technology, components, application, and end-users.

The Pipe Insulation Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The Pipe Insulation Market key players Armacell International S.A. (Germany), BASF SE (Germany), Covestro AG (Germany), Huntsman Corporation (US), Johns Manville (US), Kingspan Group (Republic of Ireland), Knauf Insulation (US), Owens Corning (US), Rockwool International A/S (Denmark), Saint-Gobain (France)

 

  1. Executive Summary
  2. Global Pipe Insulation Market Introduction
    • Global Pipe Insulation Market - Taxonomy
    • Global Pipe Insulation Market -Definitions
      • Material Type
      • Application
  1. Global Pipe Insulation Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Pipe Insulation Market Dynamic Factors - Impact Analysis
    • Global Pipe Insulation Market - Competition Landscape
  2. Global Pipe Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Pipe Insulation Market, By Material Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Fiberglass
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyurethane & Polyisocyanurate Foam
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Rockwool
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Elastomeric Foam
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Pipe Insulation Market Forecast, By Application, 2018-2022 and Forecast, 2023-2029
    • Oil
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Building & Construction
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Industrial
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • District Energy Systems
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Pipe Insulation Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Pipe Insulation Market - Opportunity Analysis Index, By Material Type, Application and Region, 2023-2029
  2. North America Pipe Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Material Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fiberglass
      • Polyurethane & Polyisocyanurate Foam
      • Rockwool
      • Elastomeric Foam
      • Others
    • Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Oil
      • Building & Construction
      • Industrial
      • District Energy Systems
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Pipe Insulation Market - Opportunity Analysis Index, By Material Type, Application and Country, 2023-2029
    • North America Pipe Insulation Market Dynamics - Trends
  3. Europe Pipe Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Material Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fiberglass
      • Polyurethane & Polyisocyanurate Foam
      • Rockwool
      • Elastomeric Foam
      • Others
    • Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Oil
      • Building & Construction
      • Industrial
      • District Energy Systems
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Pipe Insulation Market - Opportunity Analysis Index, By Material Type, Application and Country, 2023-2029
    • Europe Pipe Insulation Market Dynamics - Trends
  4. Asia-Pacific Pipe Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Material Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fiberglass
      • Polyurethane & Polyisocyanurate Foam
      • Rockwool
      • Elastomeric Foam
      • Others
    • Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Oil
      • Building & Construction
      • Industrial
      • District Energy Systems
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Pipe Insulation Market - Opportunity Analysis Index, By Material Type, Application and Country, 2023-2029
    • Asia-Pacific Pipe Insulation Market Dynamics - Trends
  5. Latin America Pipe Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Material Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fiberglass
      • Polyurethane & Polyisocyanurate Foam
      • Rockwool
      • Elastomeric Foam
      • Others
    • Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Oil
      • Building & Construction
      • Industrial
      • District Energy Systems
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Pipe Insulation Market - Opportunity Analysis Index, By Material Type, Application and Country, 2023-2029
    • Latin America Pipe Insulation Market Dynamics - Trends
  6. Middle East and Africa Pipe Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Material Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Fiberglass
      • Polyurethane & Polyisocyanurate Foam
      • Rockwool
      • Elastomeric Foam
      • Others
    • Application Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Oil
      • Building & Construction
      • Industrial
      • District Energy Systems
      • Others
    • Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Pipe Insulation Market - Opportunity Analysis Index, By Material Type, Application and Country, 2023-2029
    • MEA Pipe Insulation Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Material Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Armacell International S.A. (Germany)
      • BASF SE (Germany)
      • Covestro AG (Germany)
      • Huntsman Corporation (US)
      • Johns Manville (US)
      • Kingspan Group (Republic of Ireland)
      • Knauf Insulation (US)
      • Owens Corning (US)
      • Rockwool International A/S (Denmark)
      • Saint-Gobain (France)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Armacell International S.A. (Germany)
  • BASF SE (Germany)
  • Covestro AG (Germany)
  • Huntsman Corporation (US)
  • Johns Manville (US)
  • Kingspan Group (Republic of Ireland)
  • Knauf Insulation (US)
  • Owens Corning (US)
  • Rockwool International A/S (Denmark)
  • Saint-Gobain (France)

Adjacent Markets