By 2023, the global pre-insulated pipe industry will be worth USD 6.1 billion. Over the forecast period, the value is expected to increase at a 5.7% CAGR. The sector is expected to grow from USD 6.4 billion in 2024 to USD 11.2 billion by 2034. The market is expected to expand by 6.3% year on year in 2024.
Several factors are driving this upward trend, including heightened adoption of pre-insulated pipes across various sectors. The market has already experienced notable growth, a trend expected to persist due to the escalating demand for modern district energy systems, ensuring a sustained and robust market growth trajectory.
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Growth Factors
Increasing global efforts and stringent regulatory measures aimed at reducing carbon emissions and promoting the construction of energy-efficient buildings.
Elevated focus on Research and Development endeavors geared towards enhancing the performance and durability of pre-insulated pipes.
Growing market demand for premium-grade products from emerging economies’ industries, driven by their pursuit of quality and efficiency.
Rapid advancements in technology, particularly in digitalization, connectivity, and the integration of Internet of Things (IoT) solutions within the pre-insulated pipe sector, fueling innovation and market growth.
Some of the leading companies
- Georg Fischer AG
- Uponor Corporation
- Watts Water Technologies
- LOGSTOR A/S
- Brugg Group Ag
- Polypipe Group PLC
- Vital Energi Utilities Limited
- Perma-Pipe International Holdings Inc.
- Elips – Empower Logstor
- KE KELIT
- Thermaflex International Holding b.v.
- Ecoline S.R.L.
- Aquatherm GmbH
- CPV LTD
- Insul-Pipe Systems
- Thermal Pipe Systems, Inc.
- IPL Pre-Insulated Pipes
- Unifix Plast Pvt. Ltd.
- ZECO Aircon Ltd.
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Market By Segment
By Material Type:
- Metal & Alloys
- Polymers
By Pipe Configuration:
- Single Pipe
- Twin Pipe
By Installation:
- Below Ground
- Above Ground
By End User:
- District Heating and Cooling
- Oil & Gas
- Chemical
- Pharmaceutical
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
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