Global $10.2 Billion Pre-Insulated Pipes Market by Installation, End-use Industry and Region - Forecast to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2019--
The “Pre-Insulated Pipes Market by Installation (Below Ground & Above Ground), End-use Industry (District Heating & Cooling, Oil & Gas, Infrastructure & Utility), and Region (Europe, North America, APAC, MEA, South America) - Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
Globally, the pre-insulated pipes market is estimated to be valued at USD 6,398.9 million in 2019 and is projected to reach USD 10,214.4 million by 2024, at a CAGR of 9.8% between 2019 and 2024.
Pre-insulated pipes are replacing traditionally insulated pipes in almost all applications due to their increased advantages, such as high efficiency, enhanced insulation, and better physical performance. Pre-insulated pipes are energy efficient as compared with traditionally insulated pipes and prevent heat losses by 40% over traditionally insulated pipes, which directly reflects in cost savings. These factors have resulted in the increasing adoption of pre-insulated pipes in various end-use industries to prevent heat loss and conserve energy.
Major companies in the pre-insulated pipes market include Georg Fischer AG (Switzerland), Logstor (Denmark), Uponor (Finland), Watts Water Technologies (US), Perma-Pipe International Holdings (US), Kabelwerke Brugg (Switzerland), Polypipe Group PLC (UK), and Isoplus Fernwaermetechnik GmbH (Germany), among various others.
The below-ground segment of pre-insulated pipes market is projected to grow at the higher CAGR during the forecast period
Based on the installation, the below-ground segment is projected to grow at the higher CAGR between 2019 and 2024. Below ground systems are also known as buried/ underground installations which are the most widely used globally.
Long straight below ground installations are preferred as they reduce the requirement for fittings, joints, and welding. Below ground systems are however high on labor and installation costs, since these require digging, both, during installation and maintenance.
Among end-use industries, the district heating & cooling segment is projected to be the largest segment of the pre-insulated pipes market
This segment is estimated to account for the largest share of the global pre-insulated pipes market in terms of value in 2019 and is projected to grow at the highest CAGR during the forecast period.
Some of the key advantages provided by pre-insulated pipes are excellent thermal efficiency, lower maintenance, reduced on-site labor, and improved safety, as these are better protected against leakages, and offer superior quality insulation, which minimizes energy loss.
The market in Europe is projected to grow at the highest CAGR in the global pre-insulated pipes market
The pre-insulated pipes market in the European region is projected to grow at the highest CAGR during the forecast period. The demand for housing in Germany is anticipated to grow due to the increasing influx of immigrants from the Middle East.
This has led to increased construction activities, especially the construction of housing and commercial establishments, thus creating growth opportunities for the pre-insulated pipes market in the infrastructure & utility segment.
Due to the implementation of new regulations, such as NZEB for new buildings and amendments in the Energy Saving Act, there is increasing adoption of pre-insulated pipes, which is driving the market.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Pre-Insulated Pipes Market
4.2 Pre-Insulated Pipes Market, By Installation
4.3 Pre-Insulated Pipes Market, By End-Use Industry
4.4 Pre-Insulated Pipes Market, By Region
5 Regulations Governing Pre-Insulated Pipes
5.2 International Codes and Standards for District Heating Systems
5.3 International Codes and Standards Related to Equipment, Material and Construction
5.4 Additional Standards for Pipeline Systems
5.5 Codes and Standards Requirements for Carrier Pipes
5.6 Standard Materials for Hot and Cold Insulation
6 Pre-Insulated Pipes Market, Comparative Study
6.2 Component Cost
6.3 Labor Cost
6.4 Execution Cost
6.5 External Support
7 Market Overview
7.2 Market Dynamics
126.96.36.199 Growth in District Heating & Cooling End-Use Industry Segment
188.8.131.52 Rising Awareness Regarding Environment and Government Incentives
184.108.40.206 Penetration of Pre-Insulated Pipes in Niche Applications
220.127.116.11 Volatility in Prices of Raw Materials
18.104.22.168 High Cost of Pre-Insulated Pipes
22.214.171.124 Investments in Emerging Economies
126.96.36.199 Controlling the Cost of Labor
188.8.131.52 Stringent Regulatory Compliances
184.108.40.206 Logistics and Certification
7.3 Porter’s Five Forces Analysis
7.4 Economic Indicators
8 Pre-Insulated Pipes Market, By Type of Pipe
8.2 Flexible Pre-Insulated Pipes
8.3 Rigid Pre-Insulated Pipes
9 Pre-Insulated Pipes Market, By Layer
9.2 Carrier Pipes
9.3 Foaming/Insulation Layers
10 Pre-Insulated Pipes Market, By Materials Used
10.2 Metals & Alloys
11 Pre-Insulated Pipes Market, By Medium
12 Pre-Insulated Pipes Market, By Installation
12.2 Below Ground Pre-Insulated Pipes
12.3 Above Ground Pre-Insulated Pipes
13 Pre-Insulated Pipes Market, By End-Use Industry
13.2 District Heating & Cooling
13.3 Oil & Gas
13.4 Infrastructure & Utility
14 Regional Analysis
14.2 Asia Pacific
14.4 North America
14.5 Middle East & Africa
14.6 South America
15 Competitive Landscape
15.2 Competitive Leadership Mapping, 2019
15.3 Competitive Benchmarking
15.4 Market Ranking of Key Players
15.5 Competitive Scenario
16 Company Profiles
16.1 Georg Fischer AG
16.2 Perma-Pipe International Holdings Inc.
16.3 Watts Water Technologies Inc.
16.4 Uponor Oyj
16.5 Polypipe Group PLC
16.6 Kabelwerke Brugg AG Holding
16.7 Interplast S.A.
16.8 Isoplus Fernwaermetechnik GmbH
16.9 Pem Korea Co. Ltd.
16.10 Thermaflex International
16.11 Zeco Aircon Ltd.
16.12 Logstor A/S
16.13 Aquatherm GmbH
16.14 Other Companies
16.14.1 Ke KELIT Kunststoffwerk Gesellschaft M.B.H.
16.14.2 KC Polymers Pvt. Ltd.
16.14.3 Thermal Pipe Systems Inc.
16.14.4 Ecoline S.R.L.
16.14.5 Vital Energi Utilities Ltd.
16.14.6 Set Pipes GmbH
16.14.7 Polytherm Heating Systems Ltd.
16.14.8 Maincor Rohrsysteme GmbH & Co. KG
16.14.9 Durotan Ltd.
16.14.10 Nupi Industrie Italiane S.p.A.
16.14.11 Muovitech International Group
16.14.12 Tece GmbH
16.14.13 Rovanco Piping Systems Inc.
16.14.14 Rehau Unlimited Polymer Solutions
16.14.15 Brunata Ltd.
16.14.16 Thermacor Process Inc.
16.14.17 Simona AG
16.14.18 Geberit AG
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PUB: 05/16/2019 08:17 AM/DISC: 05/16/2019 08:17 AM