Lucintel's latest market report analyzed that pipe insulation provides attractive opportunities in various applications, such as industrial, oil, district energy systems, and building & construction. The pipe insulation market is expected to grow at a CAGR of 2%-4%. In this market, rockwool is the largest segment by material type, whereas industrial are largest by application.
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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.
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The pipe insulation market is marked by the presence of several big and small players. Some of the prominent players offering Pipe insulation include Rockwool International, Owens Corning, Saint-Gobain, Kingspan, Armacell International, Huntsman, Johns Manville, Knauf Insulation, BASF, and Covestro.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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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: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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