Pre-insulated Pipes Market to Grow by USD 3.25 Billion During 2021-2025 | Key Vendor Insights and Forecasts

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Pre-Insulated Pipes Market: Global Increase in Use of District Heating and Cooling Systems to Promote Growth

Remote energy distribution systems offer more advantages than individual heating and cooling of buildings. Pre-insulated district heating pipes meet the need for thermal energy in a city by supplying heat in the form of hot water. Buildings are supplied with thermal energy and hot water, and each building can control the temperature individually. Cold water returns to the energy center where it is heated and re-circulated. Denmark, Switzerlandand the USA have high demand for DHC, among others, while the UAE and Kuwait are the primary users of district cooling systems. The increased demand for district heating and cooling systems is thus driving the demand for pre-insulated pipes.

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According to Technavio, reducing the carbon footprint and increasing energy efficiency will have a positive impact on the market and contribute significantly to its growth over the forecast period. This research report also analyzes other key trends and market drivers that will affect market growth in 2021-2025 period.

Pre-Insulated Pipes Market: Reducing Carbon Footprint and Increasing Energy Efficiency

Greenhouse gas (GHG) emissions are a serious problem as greenhouse gases in the atmosphere lead to climate change. Many industrialized and developing countries are trying to reduce their carbon footprint. Pre-insulated pipes save energy, reduce greenhouse gas emissions and create low carbon footprints by reducing heat loss from bare pipes. Most professionals in the insulation industry prefer pre-insulated pipes because these pipes provide energy savings. Chemical plants, the petrochemical industry and commercial buildings that use high levels of steam in their manufacturing process use pre-insulated pipes to reduce energy losses and greenhouse gas emissions. The increasing demand for energy efficient solutions and carbon footprint reduction initiatives are key drivers for the global pre-insulated pipe market.

“The increasing awareness of energy savings, the contribution to reducing the carbon footprint and the development of infrastructure facilities will further stimulate market growth in the forecast period,” says a senior analyst at Technavio.

Pre-Insulated Pipes Market: Major Vendors

• aquatherm GmbH
• Georg Fischer Ltd.
• Insulating pipe systems
• KC Polymers Pvt. GmbH.
• LOGSTOR A / S.

Pre-Insulated Pipes Market: Segmentation Analysis

This market research report divides the Pre-Insulated Pipes market by product (Flexible Pre-Insulated Pipes and Rigid Pre-Insulated Pipes) and Geography (APAC, Europe, North America, MEA and South America).

The APAC region led the pre-insulated pipe market in 2021, followed by Europe, North America, MEA and South America respectively. During the forecast period, the APAC region is expected to experience the highest incremental growth due to factors such as increased demand for pre-insulated pipe in the construction and industrial sectors.

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Some of the key issues addressed in the report are:

Market challenges

Market leader

Market trends

Supplier landscape

• Provider covered
• Manufacturer classification
• Market positioning of providers
• Competitive scenario

About Technavio
Technavio is a leading global technology research and consulting company. Her research and analysis focuses on emerging market trends and provides actionable insights that companies can use to identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and 800 technologies from 50 countries. Her customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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E-mail: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/pre-insulated-pipes-market-industry-analysis

SOURCE Technavio