Pipe Insulation by Material (Fiberglass, Rockwool, Silicates, Polyurethane, Rubber Foams), by Application (Oil & Gas, Building & Construction, Transportation, General Industries), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2020 to 2027)

Pipe Insulation Market - Global Industry Analysis and Forecast 2020 to 2027

Pipe Insulation Market: Summary

The Global Pipe Insulation Market is projected to reach a value of over USD 11.5 billion by 2027 at a CAGR of around 3.1%.

A thermal or acoustic insulation used on pipework is known as pipe insulation. It helps to maintain the temperature by preventing heat gain and heat loss from pipe surface. Additionally, they also protect pipes from water or moisture, chemical interaction, corrosion, and other damages and breaks owing to which they are widely used in various industries. Moreover, minimize energy wastage, low condensation, and prevents injuries are some of the major advantages offered by pipe insulation. Various types of pipe insulations are available in the market are foamed plastic, material wool, fiberglass, elastomeric foam, and others.  

Pipe Insulation Market

Pipe Insulation Market: Drivers & Challenge

Market Driver:

  • Growing Oil & Gas Demand   

Growing oil & gas demand coupled with increasing instance of cross border oil & gas transportation has increased the demand for pipe insulation. According to the U.S. Energy Information administration (EPA), the total world production of petroleum and other liquids was 100.6 million barrels per day. Extreme temperatures both cold and hot conditions, contact with water & moisture, and chemical & gas interaction may cause defects to pipe as well as content flowing through pipe. These defects can cause calamities or catastrophe. To prevent these pipes in oil & gas industry need to be insulated. Moreover, pipe also needs to be insulated during the shipping and transportation to protect them from damage and breakage. Thus, growing demand for oil & gas has anticipated to surge the demand for pipe insulation market during the forecasted period.

Market Challenge:

  • Volatile Raw Material Price

Various raw materials such as rockwool, fiberglass, silicate, polyurethane, rubber and amongst others are used in insulation of pipe. Volatility in the prices of these materials is a major factor likely to hamper the market growth during the forecast period. Easy availability of raw materials and overstocking of the same by countries with raw material producers is resulting in demand and supply gap resulting in price fluctuation. Moreover, geographical factors such as trade war, and amongst other may also hamper the growth of pipe insulation market.

Pipe Insulation Market: Key Segments

  • Segmentation based on Material: Fiberglass, Rockwool, Silicates, Polyurethane, Rubber Foams, and Others.
  • Segmentation based on Application: Oil & Gas, Building & Construction, Transportation, General Industries, and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Pipe Insulation Market: Report Scope

The report on the pipe insulation market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Material, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Saint-Gobain (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Huntsman International LLC
  • BASF SEV
  • ROCKWOOL International A/S
  • ARMACELL LLC
  • Kingspan Group
  • Owens Corning
  • Johns Manville
  • Knauf Insulation
  • Covestro AG
  • NMC sa
  • Nomaco
  • L'ISOLANTE K-FLEX S.p.A
  • Sekisui Foam Australia
  • GILSULATE INTERNATIONAL, INC
  • Paroc Group
  • Other Key Companies

Pipe Insulation Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Pipe Insulation Market, by Material

  • Fiberglass
  • Rockwool
  • Silicates
  • Polyurethane
  • Rubber Foams
  • Others

Pipe Insulation Market, by Application

  • Oil & Gas
  • Building & Construction
  • Transportation
  • General Industries
  • Others

Pipe Insulation Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Pipe Insulation Market Providers
  • Pipe Insulation Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Pipe Insulation Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE PIPE INSULATION MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Oil & Gas Demand
      2. Stringent Environment Regulations 
    3. Restraint
      1. Volatility in Raw Material Price
    4. Opportunities
      1. Growing Opportunities from Emerging Economies
    5. Challenges
      1. Corrosion Under Insulation Leading to Safety & Health Related Incidents 
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  2. GLOBAL PIPE INSULATION MARKET BY MATERIAL, MARKET SIZE IN USD MILLION 2019-2027)
    1. Introduction
    2. Fiberglass
    3. Rockwool
    4. Silicates
    5. Polyurethane
    6. Rubber Foams
    7. Others
  3. GLOBAL PIPE INSULATION MARKET BY APPLICATION, MARKET SIZE IN USD MILLION (2019-2027)
    1. Introduction
    2. Oil & Gas
    3. Building & Construction
    4. Transportation
    5. General Industries
    6. Others
  4. GLOBAL PIPE INSULATION MARKET BY REGION, MARKET SIZE IN USD MILLION (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  5. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  6. COMPANY PROFILES
    1. Saint-Gobain
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
    2. Huntsman International LLC
    3. BASF SEV
    4.  ROCKWOOL International A/S
    5. ARMACELL LLC
    6. Kingspan Group
    7. Owens Corning
    8. Johns Manville
    9. Knauf Insulation
    10. Covestro AG
    11. NMC sa
    12. Nomaco
    13. L'ISOLANTE K-FLEX S.p.A
    14. Sekisui Foam Australia
    15. GILSULATE INTERNATIONAL, INC
    16. Paroc Group
    17. Other Key Companies
  7. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : CM 0162

Published : September, 2020


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