Industrial Pipe Insulation Market by Type (Fiberglass Pipe Insulation, Fiberglass Board and Blanket Insulation, Rockwool Pipe Insulation, and Rockwool Blanket Insulation), by End-Use (Chemical, Oil & Gas, Automotive, Food & Beverages, Energy & Power, and Others), and by Application (Temperature Control, Prevent Heat Loss, Corrosion Prevention, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global industrial pipe insulation market expected to generate around USD 11 billion by 2025, at a CAGR of around 3.41% between 2019 and 2025. The global industrial pipe insulation market is likely to experience notable growth in the future, owing to rapid industrialization.

09-Apr-2019 | Number of pages: 110 | Report Code: ZMR-1813 | Report Format : | Status : Published

Analysis

Pipe insulation is done to minimize heat loss. It is mainly done in the industrial areas, where the operative temperature is below or above the normal temperature. The method of industrial pipe insulation involves reserving energy by minimizing heat loss, which occurs frequently in manufacturing plants and facilities. Other than minimizing the heat loss, industrial pipe insulation also prevents condensation of water (vapor) on the surface that can eventually cause corrosion. It reduces the damage to the machinery and equipment from the corrosive atmosphere, which is caused by heated surroundings. By maintaining an ambient temperature, industrial pipe insulation also increases the operational and production efficiency of machines.

The global industrial pipe insulation market is likely to experience notable growth in the future, owing to rapid industrialization. The need for industrial pipes by various sectors, such as chemical, oil and gas, energy and power, etc., is also driving the global industrial pipe insulation market growth in the present scenario. Industrial pipe insulation helps in minimizing heat losses in manufacturing sites and facilities and helps in maintaining an ambient temperature to maintain equipment efficient performance levels. Moreover, stringent regulations formulated by various governing bodies regarding the safety and security of workers are also fostering this market’s growth. However, the high initial investment costs involved with industrial pipe insulation and the threat of substitutes may hinder this market’s growth.

Global Industrial Pipe Insulation Market

Based on the type, the global industrial pipe insulation market is segmented into fiberglass pipe insulation, fiberglass board and blanket insulation, rockwool pipe insulation, and rockwool blanket insulation. On the basis of end-use, the market is categorized into chemical, oil and gas, automotive, food and beverages, energy and power, and others. On the basis of application, the market is sectored into temperature control, prevent heat loss, corrosion prevention, and others.

By region, North America contributed an extensive revenue share to the global industrial pipe insulation market in 2018, due to the rapidly growing oil and gas industry and the rising number of oil exploration and production activities. This, in turn, has led to the rising demand for industrial pipes and their insulation. This primary factor is anticipated to further the boost this regional market in the upcoming years. Additionally, the Canadian power generation sector is also predicted to provide potential growth opportunities in this regional market. Europe is expected to provide significant growth opportunities in the global industrial pipe insulation market in the future, owing to the stringent rules regarding the safety and security of workers at manufacturing facilities across the region and the presence of leading organizations throughout the region. 

Some key players of the global industrial pipe insulation market are Owens Corning, Johns Manville, Armacell, Knauf Insulation, Paroc Group, L'ISOLANTE K-FLEX, Ode Yalitim, Kaimann GmbH, Gilsulate International, Inc., and Praxair Technology, Inc.


Related Reports

Agriculture Equipment Market: By Product Type (Harvesters, Tractors, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment, and Others), By Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, and Post-harvest & Agro Processing), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5230 | Report Format:

The global agriculture equipment market is set to record a CAGR of nearly 8.7% over the forecast period. The report offers valuation and analysis of the agriculture equipment market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, rest...Read More

Global C- Clamp Market – By Application (Industrial use, Home use), and By Raw material(Steel, Cast iron, Other alloys), By End-user(Light duty, Regular duty, Heavy duty), By Jaw opening( less than 6 inch, 6-12 inch, larger than 12 inch): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5222 | Report Format:

This professional and specialized report study examines the technical and business perspective of the Global C- Clamp Market industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Global C- Clamp Market. The report study ...Read More

Scroll Compressors Market – By Type (Oil-free Scroll Compressors, Lubricated Scroll Compressors), By Technology (Single Stage, Two Stage) and By Application (Commercial, Residential, and Industrial): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5218 | Report Format:

This professional and specialized report study examines the technical and business perspective of the Scroll Compressors industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Scroll Compressors market. The report study a...Read More

Global Sandblasting Machines Market Report by Blasting Type (Dry, Wet), by Control System (Automatic, Semi-automatic, and Manual), by Control System (Portable, Stationary) and by End-Use Industry (Automotive, Construction, Marine, Oil & Gas, and Petrochemicals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026

Jan-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5182 | Report Format:

The global sandblasting machines market valued around USD 395 Million in 2018 and is estimated to grow at a CAGR of around 4.5% between 2019 2026. The report covers forecast and analysis for the global sandblasting machines market on a global and regional level. The research report presents a c...Read More

Request Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.