Pipe Insulation Market: Trends, Forecast and Competitive Analysis

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The future of the pipe insulation market looks promising with opportunities in various applications, such as industrial, oil, district energy systems, and building & construction. The global pipe insulation market is expected to grow with a CAGR of 2%-4% from 2020 to 2025. The major drivers for this market are growing production of oil in countries, such as the US, Saudi Arabia, Iran, and Russia, and the presence of stringent regulations to insulate pipelines.

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In this market, rockwool is the largest material segment of pipe insulation, whereas industrial is the largest application. Growth in various segments of the pipe insulation market are given below:

The study includes trends and forecast for the global pipe insulation market by material type, application, and region as follows:

By Material Type [Value ($ Million) shipment analysis for 2014 – 2025]:

Rockwool
Polyurethane & Rigid Polyiso Foam
Elastomeric Foam
Others

By Application [Value ($ Million) shipment analysis for 2014 – 2025]:

Industrial
Oil
District Energy Systems
Building & Construction
Others

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

North America
- United States
- Canada
- Mexico
Europe
- United Kingdom
- Spain
- Germany
- France
Asia Pacific
- China
- India
- Japan
The Rest of the World
- Brazil

Some of the pipe insulation companies profiled in this report include Rockwool International, Owens Corning, Saint-Gobain, Kingspan, Armacell International, Huntsman, Johns Manville, Knauf Insulation, BASF, and Covestro.

Lucintel forecasts that rockwool will remain the largest material type segment over the forecast period, as it has non-flammable nature, high compressive strength, sustainable properties, and is eco-friendly.

Within this market, industrial will remain the largest application segment over the forecast period due to rapid industrialization in regions, such as APAC and South America, and the necessity to insulate pipelines used in various process industries.

Asia Pacific will remain 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.

Features of the Global Pipe Insulation Market

Market Size Estimates: Global pipe insulation market size estimation in terms of value ($M) shipment.
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
Segmentation Analysis: Global pipe insulation market size by various segments, such as material type and application in terms of value.
Regional Analysis: Global pipe insulation market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material type, application, and region for the global pipe insulation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global pipe insulation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global 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 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global pipe insulation market?
Q.5 What are the business risks and threats to the global pipe insulation market?
Q.6 What are the emerging trends in this pipe insulation market and the reasons behind them?
Q.7 What are some changing demands of customers in this pipe insulation market?
Q.8 What are the new developments in this pipe insulation market? Which companies are leading these developments?
Q.9 Who are the major players in this pipe insulation market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this pipe insulation market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global pipe insulation market?

Report Scope

Key Features	Description
Base Year for Estimation	2019
Trend Period (Actual Estimates)	2014-2019
Forecast Period	2020-2025
Pages	More than 150
Market Representation / Units	Revenue in US $ Million
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments	Material type (Rockwool, Polyurethane & Rigid Polyiso Foam, Fiberglass, Elastomeric Foam, and Others) and Application (Industrial, Oil, District Energy Systems, Building & Construction, and Others)
Regional Scope	North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)
Customization	10% Customization without Any Additional Cost

Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Pipe Insulation Market Trends and Forecast

3.3: Global Pipe Insulation Market by Material Type

3.3.1: Rockwool

3.3.2: Polyurethane & Rigid Polyiso Foam

3.3.3: Fiberglass

3.3.4: Elastomeric Foam

3.3.5: Others

3.4: Global Pipe Insulation Market by Application

3.4.1: Industrial

3.4.2: Oil

3.4.3: District Energy Systems

3.4.4: Building & Construction

3.4.5: Others

4. Market Trends and Forecast Analysis by Region

4.1: Global Pipe Insulation Market by Region

4.2: North American Pipe Insulation Market

4.2.1: Market by Material Type: Rockwool, Polyurethane & Rigid Polyiso Foam, Fiberglass, Elastomeric Foam, and Others

4.2.2: Market by Application: Industrial, Oil, District Energy Systems, Building & Construction, and Others

4.2.3: The United States Pipe Insulation Market

4.2.4: The Canadian Pipe Insulation Market

4.2.5: The Mexican Pipe Insulation Market

4.3: European Pipe Insulation Market

4.3.1: Market by Material Type: Rockwool, Polyurethane & Rigid Polyiso Foam, Fiberglass, Elastomeric Foam, and Others

4.3.2: Market by Application: Industrial, Oil, District Energy Systems, Building & Construction, and Others

4.3.3: The United Kingdom Pipe Insulation Market

4.3.4: The Spanish Pipe Insulation Market

4.3.5: The German Pipe Insulation Market

4.3.6: The French Pipe Insulation Market

4.4: APAC Pipe Insulation Market

4.4.1: Market by Material Type: Rockwool, Polyurethane & Rigid Polyiso Foam, Fiberglass, Elastomeric Foam, and Others

4.4.2: Market by Application: Industrial, Oil, District Energy Systems, Building & Construction, and Others

4.4.3: The Chinese Pipe Insulation Market

4.4.4: The Indian Pipe Insulation Market

4.4.5: The Japanese Pipe Insulation Market

4.5: ROW Pipe Insulation Market

4.5.1: Market by Material Type: Rockwool, Polyurethane & Rigid Polyiso Foam, Fiberglass, Elastomeric Foam, and Others

4.5.2: Market by Application: Industrial, Oil, District Energy Systems, Building & Construction, and Others

4.5.3: Brazilian Pipe Insulation Market

5. Competitor Analysis

5.1: Market Share Analysis

5.2: Product Portfolio Analysis

5.3: Operational Integration

Pipe Insulation Market: Trends, Forecast and Competitive Analysis

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Pipe Insulation Market: Trends, Forecast and Competitive Analysis

Regional Scope

North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)