openPR Logo
Press release

Industrial Pipe Insulation Materials Market Expected to Grow at a Notable CAGR of 4.1% from 2022 to 2028

Industrial Pipe Insulation Materials Market

Industrial Pipe Insulation Materials Market

As predicted by Future Market Insights through a recently published research report, the global revenue of industrial pipe insulation material market is likely to reach a valuation of over US$ 1,800 Million by the end of 2028. The market expansion over 2022-2028 has been estimated at a CAGR of 4.1%.

Growing focus on reduced energy conservation and greenhouse gas emission, coupled with multiple government initiatives promoting energy efficiency and sustainable development through advanced insulation technologies, is expected to favor the growth of global industrial pipe insulation material market. Use of recycled insulation materials is trending the market at present, owing to rising environmental concerns. A majority of manufacturers are focusing on using sustainable materials such as polyurethane foam and fiberglass.

Unlock Growth Potential in Your Industry - Get Your Sample Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-6810

With growing awareness about the advantages offered by mechanical insulation in recent years, resulting in increasing adoption by industries worldwide. Industrial pipe insulation constitutes a crucial part of the mechanical insulation industry, which is also witnessing steady growth since recent past.

Industrial pipe insulation market includes pipe insulation adopted by process industries, refineries, thermal power plants, refrigeration and HVAC applications, and food processing units. Growth of industrial activity strongly impacts the demand for pipe insulation materials worldwide, as insulation systems play a critical role in safeguarding system's performance in various end-use spheres. Furthermore, increasing energy cost also proves to be an important factor impacting the growth of industrial pipe insulation material market.

Energy conservation equates to reduced energy costs, which in some cases amounts to several hundred dollars (in savings) per annum. As a result, insulation is expected to become even more significant, resulting in higher adoption by a number of industries, including oil & gas, energy generation, chemical, and food & beverages, among others.

Upsurge in Material Innovation & Increase in Old Pipe Replacement to Create Lucrative Opportunities

Surge in replacement of aged pipes, in addition to growing innovation in materials used in insulation of industrial pipes, will reportedly create attractive opportunities for manufacturers in near future. Lack of proper insulation leads to significant energy loss, eventually resulting in additional costs to businesses. The amount of energy lost through improperly insulated pipes can be 10x the energy that can be potentially delivered through them. Moreover, unchecked damages in aged pipelines lead to leakages, resulting in loss of materials.

Also, decoration of pipe insulation along with pipes contributes to an increase in energy loss, further contributing to environmental pollution. Manufacturers are focusing on the development of anti-corrosive and anti-abrasion materials, sustainable and eco-friendly materials, and energy saving and cost effective materials.

Moreover, companies are expected to introduce various insulation materials, which can offer thermal resistance, prevent pinhole leaks, reduce carbon footprint, provide UV resistance, and protect against fungal infections.

Manufacturers are foreseen to target high-potential markets such as Asia Pacific, and strengthen their foothold in regions such as Europe and North America.

Explore the Complete Report: https://www.futuremarketinsights.com/reports/industrial-pipe-insulation-materials-market

Top Key Players in the Global Market

Rockwool International A/S
SAINT-GOBAIN
Armacell International S.A
Owens Corning Insulating Systems, LLC
Knauf Insulation
Kingspan Group plc
Johns Manville Corporation
ContiTech AG
Dyplast Products Llc
ITW Insulation Systems
BASF SE
Huntsman
Aeroflex USA, Inc
L'ISOLANTE K-FLEX S.p.A
Shanghai ABM Rock Wool Co., Ltd 

Request Your Copy of the Full Report Methodology Now! https://www.futuremarketinsights.com/request-report-methodology/rep-gb-6810

Industrial Pipe Insulation Materials Market by Category

By Material Type:

Fiberglass
Mineral Wool
Cellular Glass
Polyurethane
Polystyrene

By Application:

Prefabricated
Rolla & Batts
Spray

By End Use:

Chemicals
Food & Beverages
Oil & Gas
Power
Metal Manufacturing
Other Industrial

By Region:

North America
Latin America
Western Europe
Eastern Europe
South East Asia & Pacific
China
Japan
Middle East & Africa (MEA)

Exploring Innovations in Chemicals & Materials: A Compilation of Related Research Reports

High-Performance Insulation Materials Market: https://www.futuremarketinsights.com/reports/high-performance-insulation-materials-market

Aircraft Insulation Materials Market: https://www.futuremarketinsights.com/reports/aircraft-insulation-materials-market

Electrical Insulation Materials Market: https://www.futuremarketinsights.com/reports/electrical-insulation-materials-market

Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Pipe Insulation Materials Market Expected to Grow at a Notable CAGR of 4.1% from 2022 to 2028 here

News-ID: 3213015 • Views:

More Releases from Future Market Insights Inc

Protective Building Materials Market to Reach USD 53.9 Billion by 2035, Driven by Energy Efficiency and Infrastructure Boom
Protective Building Materials Market to Reach USD 53.9 Billion by 2035, Driven b …
The global Protective Building Materials Market will surge from an estimated USD 33.1 billion in 2025 to USD 53.9 billion by 2035, exhibiting a robust Compound Annual Growth Rate (CAGR) of 5.0%. This strong growth trajectory is fueled by increasing regulatory demands for building safety and energy efficiency, coupled with accelerating urbanization and massive infrastructure investments worldwide. The market analysis highlights a pivotal shift towards materials that offer superior durability, fire
Hydrophilic Coating Market Poised for 5.7% CAGR, Reaching USD 36.6 Billion by 2035, Driven by Critical Medical Device Demand
Hydrophilic Coating Market Poised for 5.7% CAGR, Reaching USD 36.6 Billion by 20 …
The global Hydrophilic Coating Market is set for robust expansion, with its valuation expected to climb from an estimated USD 21.0 billion in 2025 to a projected USD 36.6 billion by 2035, reflecting a CAGR of 5.7% over the forecast period. This significant growth trajectory is primarily powered by the essential role these advanced coatings play in enhancing patient safety and procedural efficiency across the rapidly advancing medical device sector. The
Fireproof Insulation Market to Reach USD 43.0 Billion by 2035, Driven by Stringent Safety Codes and Green Building Mandates
Fireproof Insulation Market to Reach USD 43.0 Billion by 2035, Driven by Stringe …
The global Fireproof Insulation Market is set for robust expansion, projected to grow from an estimated USD 30.5 billion in 2025 to USD 43.0 billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of 3.5% over the forecast period. This significant growth trajectory is primarily fueled by increasing global emphasis on safety, energy efficiency, and compliance with increasingly stringent building and fire safety regulations. The competitive landscape, which includes major
Benzoic Acid Market Set for Robust Growth, Projected to Hit USD 2.0 Billion by 2035 | Future Market Insights, Inc.
Benzoic Acid Market Set for Robust Growth, Projected to Hit USD 2.0 Billion by 2 …
The global Benzoic Acid Market is poised for significant expansion, driven by its essential role as a chemical intermediate and a crucial preservative across multiple high-growth industries. A new market forecast projects the sector's valuation to increase from an estimated USD 1.2 billion in 2025 to USD 2.0 billion by 2035, registering a steady Compound Annual Growth Rate (CAGR) of 5.3% over the decade. The upward trajectory is primarily fueled by

All 5 Releases


More Releases for Material

Firestop Material Market
LOS ANGELES, United States: The global Firestop Material market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Firestop Material market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and
New Material Direction for Electric Toothbrushes - Si-TPV Soft Over Molded Mater …
When it comes to factors such as consumer experience or ergonomics, Si-TPV Soft Over Molded Material has had a huge impact on the improvement of various products such as electric toothbrushes, etc. Si-TPV is a Silicone Combine TPU developed and produced by SILIKE, a Thermoplastic Elastomer Manufacturer (Thermoplastic Elastomer Suppliers). Si-TPV material adopts Innovative Soft Slip Technology and Sustainable Overmolding Techniques, which can be used to make Stain Resistance Soft
A new light on a misjudged material - Plastic waste: material for art
Used plastic bottles are not waste, but a valuable resource. They can be reprocessed in a variety of ways and transformed into new products or fresh energy. And into art. This is exactly what Ve-ronika Richterová does. The Czech artist creates fascinating sculp-tures made out of old PET bottles. Plastic has inspired artists from the very beginning. The reason: plas-tic meets almost all technical and aesthetic requirements. It is a uni-versal
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts. This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Integra Life Sciences Corporation Mylan N.V Johnson & Johnson