Europe District Cooling Pipeline Network Market to hit US$1bn by 2024 | By Key Vendors Therma Flex, Isoplus, ernwärmetechnik, KE KELIT, Huntsman, Perma-Pipe, Inc., Cosmoplast, EVAL Europe N.V., Future Pipe Industries, Uponor, LOGSTOR
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Europe District Cooling Pipeline Network Market size will exceed USD 1 billion by 2024, as reported in the latest study by Global Market Insights, Inc. Growing demand for sustainable cooling solutions coupled with rising concerns pertaining to emissions will foster the Europe district cooling pipeline network market size. Acceleration in demand for space cooling on account of growing average surface temperature across the region including Germany, Italy and Sweden will propel the industry growth. According to EEA, the annual mean temperature across Eastern and Central Europe is projected to rise by 10 to 30 C by the end of decade.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Logstor A/S
• CPV Limited
• Therma Flex
• Isoplus Fernwärmetechnik
• Ke Kelit
• Huntsman International, LLC
• Perma Pipe
• Eval Europe
• Future Pipe
Reduced maintenance cost, longer life cycles, reduced heat loss and high efficiency are some of the key features which will drive district cooling pipeline network market. In addition, the increasing use of sustainable insulating material including HDPE, Polyurethane and PUR favored by ongoing government subsidies and incentives will propel the business outlook.
Growing penetration of small scale cooling systems across the residential establishments coupled with government assisted research and development initiatives will stimulate the demand for 20 – 100 mm diameter pipes.
Further, increasing use as a service pipe owing to their ease of transportation and installation will propel district cooling pipeline network market.
Polymer pipes is set to witness a sturdy growth on account of their increasing use as a service pipe across the DC grid. Advancement in product technology including thermoplastic technology coupled with ongoing innovations toward development of efficient insulating material will foster district cooling pipeline network market. Ease of transportation, efficient insulating properties, corrosion resistance and low carbon emissions are some of the key features which will propel the product growth.
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Growing investments toward the deployment of green building structure coupled with stringent building emissions norms will stimulate the commercial district cooling pipeline network market. Further, the increasing investments toward the real estate industry favored by flourishing service sector across the region will foster the industry growth.
Government assisted renewable energy targets coupled with strict regulatory framework toward conventional fuels will propel the Italy district cooling pipeline network market. Accelerating temperature across the nation on account of global warming will positively influence the business outlook. In 2016, the average temperature range recorded in Rome was between 80 to 260 C.
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Notable players catering across Europe district cooling pipeline network market includes Logstor, Uponor, BRUGG, Perma Pipe, Thermaflex, Aquatherm, Isoplus, Ke Kelit, Huntsman, Cosmoplast, Eval, Future Pipe and CPV Limited. Increasing investments toward better insulating material along with various public and private initiatives toward product adoption has been a key strategic inference for major industry players across the region.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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