Latest research on Pipe Insulation Market reports annualized growth of 3.4%

Pipe Insulation Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Pipe Insulation Market Study" explored substantial growth in North America and CAGR of 3.4%. According to the report, Increasing Applications of IoT Integrated Automatically Operated Valves for Gas Pipeline is one of the primary growth factors for the market. Safety Parameters & Increasing Government Initiatives in Pipeline based Application is also expected to contribute significantly to the Pipe Insulation market. Overall, Oil applications of Pipe Insulation, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User Industries, such as Chemical Industries, is boosting the Pipe Insulation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Pipe Insulation market identified that the demand is rising in many different parts of the world as "Emphasizing On Various Untapped Reservoirs across the Sphere ". Furthermore, some recent industry insights like "The 2012 International Energy Conservation Code (IECC) requires any piping associated with heating or cooling that carries fluids with an operating temperature of 55 °F and lower or 105 °F and higher to be insulated to a minimum of R-3. Any insulated piping in areas exposed to weather, such as refrigerant piping associated with a split system air conditioner, is required to be further protected from exposure to sunlight, moisture, and wind—all of which can damage the insulation materials over time. This protection must shield the insulation from solar radiation. Moreover, in 2012 IECC has prohibited the use of adhesive tapes as shielding." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Pipe Insulation market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Pipe Insulation market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Pipe Insulation Market Study

Data Triangulation
The overall Pipe Insulation market size is calculated using market estimation process, the Pipe Insulation market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Pipe Insulation market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager