Europe Pre-insulated Pipe Market Size and Growth Potential: CAGR of 6.6% and US$ 2,379.7 Million Estimated by 2033

According to a report by Future Market Insights (FMI), the European pre-insulated pipe market is projected to reach a valuation of US$ 1,263.2 million by the year 2023. The demand for pre-insulated pipes in Europe is anticipated to experience a robust growth rate of 6.6% CAGR between 2023 and 2033, with a projected total market valuation exceeding US$ 2,379.7 million by the year 2033.
Currently, the single pipe segment dominates the European market, holding a substantial share of approximately 74%. This dominant position can be attributed to the increasing utilization of these pipes across diverse industrial sectors.

The upsurge in district heating and cooling projects across various European countries stands out as a pivotal driving force behind the escalating demand for pre-insulated pipes. This trend is aligned with a broader focus on reducing energy consumption and curbing greenhouse gas emissions, compelling end-users to transition towards more sustainable heating and cooling systems. Consequently, this shift in preference is fostering a favorable environment for the growth and advancement of the European pre-insulated pipe industry.

Pre-insulated pipes find extensive applications in various sectors, including district heating and cooling systems, residential and commercial HVAC systems, as well as industrial processes. These pipes are typically fabricated from materials such as copper, steel, or plastic, and they are available in a diverse range of configurations to cater to the distinct requirements of different applications.

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Pre-insulated pipes serve as highly efficient insulation solutions for the conveyance of both hot and cold fluids between various system components. Consequently, they have emerged as pivotal components within numerous renewable energy systems. The escalating adoption of pre-insulated pipes within the renewable energy sector is poised to significantly augment the European pre-insulated pipe market throughout the projected timeframe.

Furthermore, a substantial driver propelling the sales of pre-insulated pipes across Europe stems from the increasing recognition of the manifold advantages these pipes offer.

Key Takeaways of Europe Pre-insulated Pipe Market Study

• Europe pre-insulated pipe industry is projected to reach a valuation of US$ 2,379.7 million by 2033.

• Pre-insulated pipe demand across Europe is set to rise at a CAGR of around 6% through 2033.

• Based on application, HVAC systems segment is forecast to reach a value of US$ 848.1 million by 2033.

• By insulation thickness, the 1 to 2-inch segment is projected to create an incremental $ opportunity of US$ 464.5 million through 2033

• Germany pre-insulated pipe industry is poised to exhibit a CAGR of 5% from 2023 to 2033.

• The United Kingdom market is expected to surpass a valuation of US$ 345.3 million by 2033.

• Demand for pre-insulated pipes in Russia is forecast to surge at 2% CAGR during the assessment period.

• Tier-1 manufacturers account for around 45% to 50% of the overall Europe pre-insulated pipes industry.

"Rising popularity of district cooling across European countries is expected to bolster pre-insulated pipe sales during the next ten years. Manufacturers are likely to find expansion opportunities by focusing on utilizing various materials in their products, while catering to niche requirements as they arise across varying sectors like cooling or industrial." - says a lead analyst at Future Market Insights (FMI)

Who is Winning?

Uponor Corporation, GF Piping System, Logstor Denmark Holding ApS, Polypipe Group Plc, Polypipe Group Plc, and Brugg Group Ag are few of the top pre-insulated pipe manufacturers across Europe profiled in the report.

These players are focusing on introducing new products with features such as cost-effectiveness, durability, and easy installation. They are also showing interest in mergers, acquisitions, collaborations, partnerships, and agreements to gain a competitive edge in the market.

For instance,

In October 2021, Uponor Corporation completed the acquisition of Capricorn S.A., a prominent Polish manufacturer of components for sanitary and heating installations.

Find More Valuable Insights:

The research report analyzes the market demand trends of the Europe pre-insulated pipe industry. The market estimation and growth projection are based on factors such as end-use industries development, COVID-19 crisis impact, replacement ratio, and rate of urbanization.

As per Future Market Insights' (FMI) research scope, the pre-insulated pipe market has been studied and segmented on the basis of insulation material, insulation thickness, configuration, pipe outer diameter, application, end use, and country. The report provides qualitative and quantitative information on various players in this market. This report also tracks the supply and demand sides of the market.

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Europe Pre-Insulated Pipe Market by Category

By Insulation Material:
• Polyethylene
• Polypropylene
• Polyurethane
• Phenolic Foam
• Mineral Wool - rock wool & slag wool
• Glass Wool/Fiberglass
• Elastomeric Foam
• Aerogel
• Others (Calcium Silicate, cellular glass)

By Insulation Thickness:
• 0.1 to 0.5 Inch
• 0.5 to 1 Inch
• 1 to 2 Inch
• 2 to 4 Inch

By Configuration:
• Single Pipe
• Twin Pipe

By Pipe Outer Diameter:
• Up to 6 Inch
• 6 to10 Inch
• 10 to 12 Inch
• 13 to 18 Inch
• 18 to 20 Inch
• 21 to 30 Inch
• Above 30 Inch

By Application:
• HVAC Systems
• Hot / Cold Water Piping
• Fuel / Gas / Lubricant Piping and Process Industry Piping

By End Use:
• Industrial
• Residential and Commercial HVAC
• District Cooling & Heating
• Civic Water Supply & Distribution

By Country:
• Germany
• Italy
• France
• United Kingdom
• Spain
• Benelux
• Nordics
• Russia
• Rest of Europe

About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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This release was published on openPR.