Market Overview:
The global industrial underground pipes insulation market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy and rising concerns for safety and security in industrial facilities. Based on type, the mineral wool segment is expected to lead the global industrial underground pipes insulation market during the forecast period. This can be attributed to its high thermal resistance and fire-resistance properties. Based on application, oil and gas is expected to lead the global industrial underground pipes insulation market during the forecast period owing to its growing demand for energy across various regions worldwide.
Product Definition:
Industrial Underground Pipes Insulation is a material that is used to protect pipes from the cold weather. It helps keep the water in the pipes from freezing and also keeps the heat in so that the water does not get too hot.
Mineral Wool:
Mineral wool is a type of insulation material that is made from fibers, rocks, and organic materials. It can be used in various applications such as heat shielding for nuclear power plants or in the lining of mining tunnels.
Mineral wool can also be used to insulate pipes transporting fluids at high temperatures and pressures including slurry, corrosive mixtures or gases.
Fiberglass:
Fiberglass is a type of glass that is made up of sand, along with other materials such as limestone and dextrose. The process involved in making fiberglass involves melting the materials at a very high temperature, which makes it extremely strong and flexible. It can be used to make almost every kind of glass product including window panes, bottles, jars, containers etc.
Application Insights:
The electric power industry is anticipated to emerge as the fastest-growing application segment over the forecast period. The growth can be attributed to increasing demand for electricity in countries, such as China, India and Brazil. In addition, favorable government policies regarding investments in renewable energy are expected to drive industry expansion over the coming years.
Oil and gas emerged as one of the leading applications for GUPIs owing to its extensive use in oil exploration activities worldwide. It also has a wide range of applications within this sector including well completions (stage 1 & 2), production facilities (on-site & off-site), processing facilities (cracking units) and transportation terminals among others.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased demand for energy and fuelwood. In addition, emerging economies such as China and India are experiencing strong economic growth owing to various factors such as low labor cost, high population size, etc. This trend is projected to drive the construction sector across Asia Pacific over the next few years which will propel product demand from 2018 to 2030.
Europe was estimated at USD X million in 2017 owing to growing oil & gas exploration activities across countries including Russia, Norway, UK France Italy among others due rising environmental concerns regarding carbon emission caused by burning fossil fuels for electricity generation or transportation purposes thus driving UGI insulation market growth across Europe region.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries is expected to drive the market for industrial underground pipes insulation.
- Stringent environmental regulations pertaining to energy conservation are likely to propel the market growth over the forecast period.
- Growing awareness about the benefits of using insulation products is projected to boost demand for industrial underground pipes insulation over the next few years.
- Technological advancements in insulation products are anticipated to open new avenues for market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Underground Pipes Insulation Market Research Report
By Type
Mineral Wool, Fiberglass, Polyurethane, Elastomeric Rubber, Others
By Application
Oil and Gas, Electric Power, Chemical Industry, Food Industry & Pharmaceuticals, Others
By Companies
Owens Corning, Johns Manville, Knauf Insulation, Armacell, K-flex, Rockwool, Aeroflex USA, Inc, Kingspan, Wincell, Kaimann GmbH, Dyplast Products, Huamei
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Underground Pipes Insulation Market Report Segments:
The global Industrial Underground Pipes Insulation market is segmented on the basis of:
Types
Mineral Wool, Fiberglass, Polyurethane, 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
Oil and Gas, Electric Power, Chemical Industry, Food Industry & Pharmaceuticals, 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
- Armacell
- K-flex
- Rockwool
- Aeroflex USA, Inc
- Kingspan
- Wincell
- Kaimann GmbH
- Dyplast Products
- Huamei
Highlights of The Industrial Underground Pipes 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:
- Mineral Wool
- Fiberglass
- Polyurethane
- Elastomeric Rubber
- Others
- By Application:
- Oil and Gas
- Electric Power
- Chemical Industry
- Food Industry & Pharmaceuticals
- 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 Industrial Underground Pipes 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Industrial Underground Pipes Insulation is a type of insulation used in underground pipelines. It is made from a material that is resistant to moisture and heat, and it can be installed quickly and easily.
Some of the major players in the industrial underground pipes insulation market are Owens Corning, Johns Manville, Knauf Insulation, Armacell, K-flex, Rockwool, Aeroflex USA, Inc, Kingspan, Wincell, Kaimann GmbH, Dyplast Products, Huamei.
The industrial underground pipes insulation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Underground Pipes 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 Industrial Underground Pipes Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Underground Pipes 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 Industrial Underground Pipes 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 Industrial Underground Pipes Insulation Market Size & Forecast, 2020-2028
4.5.1 Industrial Underground Pipes Insulation Market Size and Y-o-Y Growth
4.5.2 Industrial Underground Pipes 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 Mineral Wool
5.2.2 Fiberglass
5.2.3 Polyurethane
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 Oil and Gas
6.2.2 Electric Power
6.2.3 Chemical Industry
6.2.4 Food Industry & Pharmaceuticals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Underground Pipes 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 Industrial Underground Pipes 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 Mineral Wool
9.6.2 Fiberglass
9.6.3 Polyurethane
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 Oil and Gas
9.10.2 Electric Power
9.10.3 Chemical Industry
9.10.4 Food Industry & Pharmaceuticals
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 Mineral Wool
10.6.2 Fiberglass
10.6.3 Polyurethane
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 Oil and Gas
10.10.2 Electric Power
10.10.3 Chemical Industry
10.10.4 Food Industry & Pharmaceuticals
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 Mineral Wool
11.6.2 Fiberglass
11.6.3 Polyurethane
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 Oil and Gas
11.10.2 Electric Power
11.10.3 Chemical Industry
11.10.4 Food Industry & Pharmaceuticals
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 Mineral Wool
12.6.2 Fiberglass
12.6.3 Polyurethane
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 Oil and Gas
12.10.2 Electric Power
12.10.3 Chemical Industry
12.10.4 Food Industry & Pharmaceuticals
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 Mineral Wool
13.6.2 Fiberglass
13.6.3 Polyurethane
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 Oil and Gas
13.10.2 Electric Power
13.10.3 Chemical Industry
13.10.4 Food Industry & Pharmaceuticals
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 Industrial Underground Pipes Insulation Market: Competitive Dashboard
14.2 Global Industrial Underground Pipes 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 Armacell
14.3.5 K-flex
14.3.6 Rockwool
14.3.7 Aeroflex USA, Inc
14.3.8 Kingspan
14.3.9 Wincell
14.3.10 Kaimann GmbH
14.3.11 Dyplast Products
14.3.12 Huamei
