Pre-Insulated Pipes Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2024

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

The global pre-insulated pipes market is estimated to be valued at USD 6.4 billion in 2019 and is projected to reach USD 10.2 billion by 2024, at a CAGR of 9.8% from 2019 to 2024. Pre-insulated pipes are replacing traditionally insulated pipes in almost all applications due to their increased advantages, such as high efficiency, enhanced insulation, and better physical performance. Pre-insulated pipes are energy efficient as compared with traditionally insulated pipes and prevent heat losses by 40% over traditionally insulated pipes, which directly reflects in cost savings. These factors have resulted in the increasing adoption of pre-insulated pipes in various end-use industries to prevent heat loss and conserve energy.

The below ground segment of pre-insulated pipes market is projected to grow at the higher CAGR during the forecast period
Based on installation, the below ground segment is projected to grow at the higher CAGR between 2019 and 2024. Below ground systems are also known as buried/ underground installations which are the most widely used globally. Long straight below ground installations are preferred as they reduce the requirement for fittings, joints, and welding. Below ground systems are however high on labor and installation costs, since these require digging, both, during installation and maintenance.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Pre-Insulated Pipes Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2024

Among end-use industries, the district heating & cooling segment is projected to be the largest segment of the pre-insulated pipes market
This segment is estimated to account for the largest share of the global pre-insulated pipes market in terms of value in 2019 and is projected to grow at the highest CAGR during the forecast period. Some of the key advantages provided by pre-insulated pipes are excellent thermal efficiency, lower maintenance, reduced on-site labor, and improved safety, as these are better protected against leakages, and offer superior quality insulation, which minimizes energy loss.

The market in Europe is projected to grow at the highest CAGR in the global pre-insulated pipes market
The pre-insulated pipes market in the European region is projected to grow at the highest CAGR during the forecast period. The demand for housing in Germany is anticipated to grow due to the increasing influx of immigrants from the Middle East. This has led to increased construction activities, especially the construction of housing and commercial establishments, thus creating growth opportunities for the pre-insulated pipes market in the infrastructure & utility segment. Due to the implementation of new regulations, such as NZEB for new buildings and amendments in the Energy Saving Act, there is increasing adoption of pre-insulated pipes, which is driving the market.

The break-up of profiles of primary participants for the report has been given below:
 By Company Type: Tier 1—50%, Tier 2—25%, and Tier 3—25%
 By Designation: C Level—55%, D Level—30%, and Others—15%
 By Region: Asia Pacific—15%, North America—20%, Europe—50%, Middle East & Africa—10%, and South America—5%

Research Coverage
This report defines, segments, and projects the pre-insulated pipes market based on installation, end-use industry, and region. It strategically profiles key players and comprehensively analyzes the ranking of leading players in the pre-insulated pipes market. It also tracks and analyzes competitive developments, such as expansions, acquisitions, contracts, new product launches, and divestments in the pre-insulated pipes market.

Reasons to Buy the Report
This report is expected to help market leaders/new entrants in this market by providing them the closest approximations of revenues of the pre-insulated pipes market and its subsegments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape, gain insights to enhance the positions of their businesses, and enable them to make suitable go-to-market strategies. The report is expected to help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 18
1.1 OBJECTIVES OF THE STUDY 18
1.2 MARKET DEFINITION 18
1.2.1 MARKET SCOPE 19
1.2.2 YEARS CONSIDERED FOR THE STUDY 19
1.3 CURRENCY 20
1.4 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 23
2.1.2.1 Key data from primary sources 23

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