Market Overview:
The global commercial pipe insulation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient buildings and rising awareness about the benefits of pipe insulation among end users. The fiberglass segment is expected to lead the global commercial pipe insulation market in terms of revenue by 2030, owing to its high thermal resistance and low thermal conductivity properties. The polyurethane segment is projected to grow at a highest CAGR during the forecast period, due to its excellent thermal resistance and moisture resistance properties. In terms of application, the educational sector is estimated to account for the largest share of the global commercial pipe insulation market by 2030, followed by healthcare sector.
Product Definition:
Commercial Pipe Insulation is a material used to cover and protect pipes from the cold weather. It is important to use Commercial Pipe Insulation because if the pipes freeze, it can cause damage to the pipe and whatever is inside of it.
Fiberglass:
Fiberglass is a type of glass that is made up of sand, along with other materials that are added to it to make it stronger. It has many different forms and can be used for insulation in pipes ranging from small ones like hot water heaters to large diameter pipes carrying gas or steam. The most common use of fiberglass is in the form of insulation boards which are then installed between the concrete surface and the rebar within the concrete structure.
Polyurethane:
Polyurethane (PU) is a foamed plastic, which is manufactured by the polymerization of isocyanates. Polyurethane exhibits superior properties such as excellent mechanical strength, thermal stability and insulation ability. It also has high durability and low permeability to gases & liquids making it suitable for use in commercial pipe insulation applications.
The global PU market size was estimated at 2,869 kilo tons in 2015.
Application Insights:
Commercial buildings application segment accounted for the largest revenue share of over 50% in 2017. The segment is expected to witness significant growth on account of rising demand from various commercial applications including healthcare, office, education and communications among others. Increasing use of glass fiber reinforced polyester composites as an alternative to steel and concrete has resulted in reduced construction costs which will drive the product demand further.
The growing global construction industry on account of increasing residential & commercial building refurbishment activities is expected to propel the market growth over the forecast period. In addition, stringent government regulations regarding energy efficiency coupled with green building materials will boost product consumption in near future.
The growing medical tourism due to low cost treatments coupled with improved living standards has boosted healthcare spending globally which will result in increased investments by governments and private players into health infrastructure development driving market growth further during the forecast period to 2030.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its dominance throughout the forecast period owing to increasing demand from commercial buildings, especially in U.S. In addition, rising awareness among consumers regarding building energy efficiency and sustainable construction practices is anticipated to propel market growth over the forecast period.
Asia Pacific was valued at USD X million in 2017 and is projected to witness significant growth during the forecast years on account of rapid urbanization coupled with growing industrial activities across various sectors including manufacturing, electricity & water supply, transportation & storage that require large volumes of pipes are likely drive regional market growth during the estimated time span.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global commercial pipe insulation market is expected to benefit from the increasing demand for energy-efficient buildings. This is because pipe insulation helps in reducing the amount of heat loss, which in turn reduces the amount of energy required to maintain a comfortable temperature inside the building.
- Stringent regulations and standards pertaining to thermal efficiency: Governments across the world are increasingly implementing stringent regulations and standards with regards to thermal efficiency. This is benefiting the commercial pipe insulation market as it encourages organizations and businesses to install proper insulation systems in their premises, thereby leading to an increase in demand for such products.
- Growing awareness about the benefits of pipe insulation: There has been a growing awareness among businesses and consumers alike about the benefits of using proper pipe insulation systems, such as reduced operating costs and improved comfort levels indoors. This is helping fuel growth in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Pipe Insulation Market Research Report
By Type
Fiberglass, Polyurethane, Calcium Silicate, Elastomeric Rubber, Others
By Application
Educational, Healthcare, Office, Communications, Others
By Companies
Owens Corning, Johns Manville, Knauf Insulation, ITW, Armacell, K-flex, Rockwool, Aeroflex USA，Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Pipe Insulation Market Report Segments:
The global Commercial Pipe Insulation market is segmented on the basis of:
Types
Fiberglass, Polyurethane, Calcium Silicate, Elastomeric Rubber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Educational, Healthcare, Office, Communications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Owens Corning
- Johns Manville
- Knauf Insulation
- ITW
- Armacell
- K-flex
- Rockwool
- Aeroflex USA，Inc
Highlights of The Commercial Pipe Insulation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fiberglass
- Polyurethane
- Calcium Silicate
- Elastomeric Rubber
- Others
- By Application:
- Educational
- Healthcare
- Office
- Communications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Pipe Insulation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial pipe insulation is a type of insulation used in commercial buildings. It is made from materials such as fiberglass, polyurethane, or foam. Commercial pipe insulation helps to keep the building warm in cold weather and cool in hot weather by trapping heat inside the pipes.
Some of the major players in the commercial pipe insulation market are Owens Corning, Johns Manville, Knauf Insulation, ITW, Armacell, K-flex, Rockwool, Aeroflex USA，Inc.
The commercial pipe insulation market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Pipe Insulation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Pipe Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Pipe Insulation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Pipe Insulation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Pipe Insulation Market Size & Forecast, 2020-2028
4.5.1 Commercial Pipe Insulation Market Size and Y-o-Y Growth
4.5.2 Commercial Pipe Insulation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fiberglass
5.2.2 Polyurethane
5.2.3 Calcium Silicate
5.2.4 Elastomeric Rubber
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Educational
6.2.2 Healthcare
6.2.3 Office
6.2.4 Communications
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Pipe Insulation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Pipe Insulation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fiberglass
9.6.2 Polyurethane
9.6.3 Calcium Silicate
9.6.4 Elastomeric Rubber
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Educational
9.10.2 Healthcare
9.10.3 Office
9.10.4 Communications
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fiberglass
10.6.2 Polyurethane
10.6.3 Calcium Silicate
10.6.4 Elastomeric Rubber
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Educational
10.10.2 Healthcare
10.10.3 Office
10.10.4 Communications
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fiberglass
11.6.2 Polyurethane
11.6.3 Calcium Silicate
11.6.4 Elastomeric Rubber
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Educational
11.10.2 Healthcare
11.10.3 Office
11.10.4 Communications
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fiberglass
12.6.2 Polyurethane
12.6.3 Calcium Silicate
12.6.4 Elastomeric Rubber
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Educational
12.10.2 Healthcare
12.10.3 Office
12.10.4 Communications
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fiberglass
13.6.2 Polyurethane
13.6.3 Calcium Silicate
13.6.4 Elastomeric Rubber
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Educational
13.10.2 Healthcare
13.10.3 Office
13.10.4 Communications
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Pipe Insulation Market: Competitive Dashboard
14.2 Global Commercial Pipe Insulation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Owens Corning
14.3.2 Johns Manville
14.3.3 Knauf Insulation
14.3.4 ITW
14.3.5 Armacell
14.3.6 K-flex
14.3.7 Rockwool
14.3.8 Aeroflex USA，Inc
