According to Future Market Insights (FMI), the Europe pre-insulated pipe market is projected to reach USD 1,263.2 million in 2023. Demand for pre-insulated pipes in Europe is expected to grow at a 6.6% CAGR from 2023 to 2033, with the market valuation anticipated to exceed USD 2,379.7 million by 2033.
Currently, the single pipe segment dominates the Europe market, accounting for around 74% of total market share, driven by increasing adoption across various sectors.
A key driver of demand for pre-insulated pipes is the rise in district heating and cooling projects across Europe. In response to the growing emphasis on reducing energy consumption and greenhouse gas emissions, end users are shifting towards more sustainable heating and cooling systems, fostering the growth of the pre-insulated pipe industry.
Pre-insulated pipes are essential for applications such as district heating and cooling systems, residential and commercial HVAC systems, and industrial processes. They are typically made from materials like copper, steel, or plastic, and are available in various configurations to suit different applications.
These pipes provide efficient insulation, enabling the transport of hot or cold fluids between system components, making them crucial for many renewable energy systems. The increasing use of pre-insulated pipes in renewable energy applications is expected to drive market growth during the forecast period.
Additionally, growing awareness of the advantages of pre-insulated pipes will further fuel market expansion across Europe.
Key Takeaways of Europe Pre-insulated Pipe Market Study
- Europe’s 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 6.6% through 2033.
- Based on application, the 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’s pre-insulated pipe industry is poised to exhibit a CAGR of 6.5% 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 6.2% CAGR during the assessment period.
- Tier-1 manufacturers account for around 45% to 50% of the overall Europe pre-insulated pipes industry.]
Who is Winning?
Uponor Corporation, GF Piping System, Logstor Denmark Holding ApS, Polypipe Group Plc, Armacell GmbH, KE Kelit GmbH, Rehau AG and Co., Polypipe Group Plc, Brugg Group Ag and others are a 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.
The Key Segmentations-
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
Report Preview: https://www.futuremarketinsights.com/reports/europe-pre-insulated-pipe-market
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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