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The global pipe insulation market has been segmented by type, end-use industry, and region.<br><br>Based on raw material, the global pipe insulation market has been segmented into foamed plastic, elastomeric foam, fiber glass, mineral wool, and others. Among them, the mineral wool segment held the largest market share in 2018 due to its excellent fire-resistance and high compressive strength.
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PIPE INSULATION MARKET 2020 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
PIPE INSULATION MARKET 2020 Pipe Insulation Market 2020: Industry Survey, Growth, CompetitiveLandscape and Forecasts to 2023 The global pipe insulation market was valued at USD 8.54 billion in 2018 and is projected to grow at a CAGR of 3.6% during the forecast period. Pipe insulations are the insulation used especially on pipes to reduce heat loss or heat gain to or from the surrounding atmosphere and also to provide barrier against moisture and chemical. Pipe insulation are required to protect the pipes from corrosion and also to avoid pipe leakages during transportation and shipping. Various types of pipe insulation available in the market are foamed plastic, elastomeric foam, fiber glass, mineral wool, and others. The choice of the insulation type is mostly dependent on the required R-value and its affordability. Growing oil & gas industry along with the increasing instances of cross border oil & gas transportation are driving the demand for pipe insulations. Stringent regulatory standards in developed economies are also supporting the global pipe insulation market. Increasing awareness about the increased durability of pipelines upon the usage of pipe insulation is further boosting the product market. Furthermore, rapid industrialization in Asia-Pacific is also expected to provide growth impetus to the product market during the forecast period. www.marketresearchfuture.com
PIPE INSULATION MARKET 2020 Study Objectives of Pipe Insulation Market: • The global pipe insulation market has been segmented by type, end-use industry, and region. • Based on type, the global pipe insulation market has been segmented into foamed plastic, elastomeric foam, fiber glass, mineral wool, and others. • On the basis of end-use industry, the global pipe insulation market has been categorized into chemical, oil & gas, power, automotive, building & construction, food & beverages, pharmaceutical, and others. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/7282 www.marketresearchfuture.com
PIPE INSULATION MARKET 2020 Regional Analysis The global pipe insulation market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific was the largest and fastest growing market for pipe insulation in 2018 and is expected to continue dominating during the forecast period. Rapid industrialization in the region due to lucrative investment policies, low production cost and inexpensive labors are largely supporting the growth of pipe insulation market in the region. Browse Report @ https://www.marketresearchfuture.com/reports/pipe-insulation-market-7282 www.marketresearchfuture.com
PIPE INSULATION MARKET 2020 Application & Major Players in this Research: Pipe Insulation Market Prominent Players: Some of the prominent players in the global pipe insulation market are BASF SE (Germany), Covestro AG (Germany), Huntsman International LLC (US), Rockwool International A/S (Denmark), Saint-Gobain (France), Armacell International SA (Luxembourg), Owens Corning (US), Thermaxx Jackets (US), Cellofoam GmbH & Co. KG (Germany), Great Lakes Textiles (US), Kingspan Group (Republic of Ireland), Knauf Insulation (UAE), Wincell Insulation Co.Ltd (China), Dunmore (US) and Johns Manville (US). Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7282 www.marketresearchfuture.com
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