Market Overview:
The global rock wool 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 and environment-friendly insulation solutions across the globe. In addition, the growing awareness about health and safety hazards associated with traditional insulation materials is also propelling the demand for rock wool pipe insulation products. On the basis of type, large-scale rock wool pipe insulation held a major share of the global market in 2017. This can be attributed to its high thermal resistance and superior sound absorption properties as compared to small size rock wool pipe insulation products. However, small size rock wool pipe insulation is expected to witness higher growth during the forecast period owing to its low installation cost and easy handling characteristics. Based on application, district heating and cooling was one of the key segments for Rock Wool Pipe Insulation Market in 2017 followed by oil & gas industry pipelines segment which will continue dominating over other applications due rising shale gas exploration activities globally .
Product Definition:
Rock Wool Pipe Insulation is a thermal insulation material made from bonded rock fibers. It is used to insulate pipes and vessels that need to be kept cool or warm.
Large-scale Rock Wool Pipe Insulation:
Large-scale rock wool pipe insulation is a type of thermal insulation made from mining waste, which is processed to form fibers. These fibers are then mixed with chemicals and used in the manufacturing of various products such as pipes, tanks, and others. Large-scale rock wool pipe insulation offers superior protection against high temperature applications since it has the ability to resist heat transfer up to 450°F.
Small Size Rock Wool Pipe Insulation:
Small size rock wool pipe insulation is a type of thermal insulation made from processed small rocks known as rock wool. Rock wool is mined, washed, and compressed into thin fibers which are then used to fill the gaps in piping systems. Small size rock wool pipes are used for water and steam heating purposes in residential buildings, commercial properties & industrial plants among other applications.
Application Insights:
District heating and cooling was the largest application segment in 2016, accounting for over 50% of the total revenue share. District Heating & Cooling is a method used to heat or cool air by circulating it through pipes that are embedded with rocks or insulation materials. The process uses a network of underground pipes with an embedded heater or cooler at each pipe junction, thus making use of the natural convection currents within buildings to distribute heat efficiently throughout buildings.
The oil and gas industry is anticipated to emerge as one of the fastest-growing industries during the forecast period owing to rising investments from various countries across Asia Pacific and Middle East Africa regions including China, India, South Korea Vietnam etc., which are aimed at increasing production levels significantly over next few years. This factor along with growing demand for crude oil from emerging economies such as India China etc., will boost product demand in near future.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of oil and gas reserves. The region is expected to witness moderate growth over the forecast period owing to saturation in district heating and cooling industry. However, increasing demand for natural gas as a fuel for space heating and industrial applications is anticipated to drive product demand over the forecast period.
The Asia Pacific regional market accounted for 24% share in terms of revenue, on account of rising investments by governments across various countries including China, India, Japan, Australia among others are expected to boost energy infrastructure development activities which will propel product demand over next eight years. Furthermore growing oil & gas exploration activities coupled with expansion plans by major players such as Total SA; ExxonMobil Corp.; Shell Oil Company; Eni SPA; Sinopec Group are also projected favorably impact overall industry growth during same period.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly insulation products
- Rising awareness about the benefits of rock wool pipe insulation among consumers
- Growing popularity of green buildings that use eco-friendly materials like rock wool pipe insulation
- Proliferation of construction and renovation activities across the globe
- Technological advancements in the manufacturing process of rock wool pipe insulation
Scope Of The Report
Report Attributes
Report Details
Report Title
Rock Wool Pipe Insulation Market Research Report
By Type
Large-scale Rock Wool Pipe Insulation, Small Size Rock Wool Pipe Insulation
By Application
District Heating and Cooling, Oil And Gas, Industrial Pipelines, Cryogenic, Others
By Companies
Owens Corning, Johns Manville, ITW, Armacell, Knauf Insulation, K-flex, Rockwool, Wincell, Kingspan, Paroc Group, ODE YALITIM, Frost King, Nomaco, Aeromax
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Rock Wool Pipe Insulation Market Report Segments:
The global Rock Wool Pipe Insulation market is segmented on the basis of:
Types
Large-scale Rock Wool Pipe Insulation, Small Size Rock Wool Pipe Insulation
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
District Heating and Cooling, Oil And Gas, Industrial Pipelines, Cryogenic, 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
- ITW
- Armacell
- Knauf Insulation
- K-flex
- Rockwool
- Wincell
- Kingspan
- Paroc Group
- ODE YALITIM
- Frost King
- Nomaco
- Aeromax
Highlights of The Rock Wool 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:
- Large-scale Rock Wool Pipe Insulation
- Small Size Rock Wool Pipe Insulation
- By Application:
- District Heating and Cooling
- Oil And Gas
- Industrial Pipelines
- Cryogenic
- 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 Rock Wool 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:
- Correctly Positioning New 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?
Rock Wool Pipe Insulation is a type of insulation made from small pieces of rock wool. It is used to insulate pipes and other metal objects from the cold, weather, and noise.
Some of the key players operating in the rock wool pipe insulation market are Owens Corning, Johns Manville, ITW, Armacell, Knauf Insulation, K-flex, Rockwool, Wincell, Kingspan, Paroc Group, ODE YALITIM, Frost King, Nomaco, Aeromax.
The rock wool 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 Rock Wool 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 Rock Wool Pipe Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rock Wool 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 Rock Wool 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 Rock Wool Pipe Insulation Market Size & Forecast, 2018-2028
4.5.1 Rock Wool Pipe Insulation Market Size and Y-o-Y Growth
4.5.2 Rock Wool Pipe Insulation Market Absolute $ Opportunity
Chapter 5 Global Rock Wool Pipe Insulation 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 Rock Wool Pipe Insulation Market Size Forecast by Type
5.2.1 Large-scale Rock Wool Pipe Insulation
5.2.2 Small Size Rock Wool Pipe Insulation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rock Wool Pipe Insulation 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 Rock Wool Pipe Insulation Market Size Forecast by Applications
6.2.1 District Heating and Cooling
6.2.2 Oil And Gas
6.2.3 Industrial Pipelines
6.2.4 Cryogenic
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rock Wool 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 Rock Wool 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 Rock Wool Pipe Insulation Analysis and Forecast
9.1 Introduction
9.2 North America Rock Wool Pipe Insulation 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 Rock Wool Pipe Insulation Market Size Forecast by Type
9.6.1 Large-scale Rock Wool Pipe Insulation
9.6.2 Small Size Rock Wool Pipe Insulation
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 Rock Wool Pipe Insulation Market Size Forecast by Applications
9.10.1 District Heating and Cooling
9.10.2 Oil And Gas
9.10.3 Industrial Pipelines
9.10.4 Cryogenic
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 Rock Wool Pipe Insulation Analysis and Forecast
10.1 Introduction
10.2 Europe Rock Wool Pipe Insulation 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 Rock Wool Pipe Insulation Market Size Forecast by Type
10.6.1 Large-scale Rock Wool Pipe Insulation
10.6.2 Small Size Rock Wool Pipe Insulation
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 Rock Wool Pipe Insulation Market Size Forecast by Applications
10.10.1 District Heating and Cooling
10.10.2 Oil And Gas
10.10.3 Industrial Pipelines
10.10.4 Cryogenic
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 Rock Wool Pipe Insulation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rock Wool Pipe Insulation 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 Rock Wool Pipe Insulation Market Size Forecast by Type
11.6.1 Large-scale Rock Wool Pipe Insulation
11.6.2 Small Size Rock Wool Pipe Insulation
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 Rock Wool Pipe Insulation Market Size Forecast by Applications
11.10.1 District Heating and Cooling
11.10.2 Oil And Gas
11.10.3 Industrial Pipelines
11.10.4 Cryogenic
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 Rock Wool Pipe Insulation Analysis and Forecast
12.1 Introduction
12.2 Latin America Rock Wool Pipe Insulation 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 Rock Wool Pipe Insulation Market Size Forecast by Type
12.6.1 Large-scale Rock Wool Pipe Insulation
12.6.2 Small Size Rock Wool Pipe Insulation
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 Rock Wool Pipe Insulation Market Size Forecast by Applications
12.10.1 District Heating and Cooling
12.10.2 Oil And Gas
12.10.3 Industrial Pipelines
12.10.4 Cryogenic
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) Rock Wool Pipe Insulation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rock Wool Pipe Insulation 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) Rock Wool Pipe Insulation Market Size Forecast by Type
13.6.1 Large-scale Rock Wool Pipe Insulation
13.6.2 Small Size Rock Wool Pipe Insulation
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) Rock Wool Pipe Insulation Market Size Forecast by Applications
13.10.1 District Heating and Cooling
13.10.2 Oil And Gas
13.10.3 Industrial Pipelines
13.10.4 Cryogenic
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 Rock Wool Pipe Insulation Market: Competitive Dashboard
14.2 Global Rock Wool 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 ITW
14.3.4 Armacell
14.3.5 Knauf Insulation
14.3.6 K-flex
14.3.7 Rockwool
14.3.8 Wincell
14.3.9 Kingspan
14.3.10 Paroc Group
14.3.11 ODE YALITIM
14.3.12 Frost King
14.3.13 Nomaco
14.3.14 Aeromax
