The development of oil and gas industries owing to the growth in population is propelling the market growth.
The global Polyisocyanurate (PIR) pre-insulated pipes market is forecast to reach USD 14.22 Billion by 2028, according to a new report by Reports and Data. Polyisocyanurate (PIR) pre-insulated pipes are employed to hold a steady temperature, cooling facilities, and transport fluids from heating and reduce energy losses to residential, commercial installations, and industrial. The pipes are constituted of three layers: insulation layer, carrier pipe, and outer jacket. Integration of artificial intelligence (AI) and the internet of things (IoT) technologies are expected to assist in the development of district heating and cooling system-based supply chains, thereby sustaining traction to the demand for these pipes across the regions.
The market for Polyisocyanurate (PIR) pre-insulated pipes is influenced by the rising demand for residential as well as commercial purposes, the evolution of environment friendly chemicals required by various industries, and development of oil and gas industries, which require large quantities of pipeline systems. The major advantages offered by Polyisocyanurate (PIR) pre-insulated pipes are reduced on-site labor, lower maintenance, excellent thermal efficiency, improved safety, and superior quality.
Get a sample of the report: https://www.reportsanddata.com/download-free-sample/2004
Further key findings from the report suggest:
- Below ground Polyisocyanurate (PIR) pre-insulated pipes segment is set to experience the highest CAGR of 9.7% during the forecast period. This is because of the increased adoption of district heating and cooling systems. For long-distance pipelines, underground Polyisocyanurate (PIR) pre-insulated pipes are used since they reduce the number of joints, fitting elements as well as welding operations.
- Flexible Polyisocyanurate (PIR) pre-insulated pipes have been observed to have held a market share of 48.0% in the year 2018. Being more costly for installation, these pipes are restricted for utilization in major sectors. With higher commercialization in this market, the utilization of this segment shall increase.
- The category of District Heating and Cooling (DHC) has held the largest market share of 37.1% in the year 2018. This is owing to the increased requirement of heating and cooling facilities in residential as well as commercial sectors. The requirement for energy-efficient and environment-friendly infrastructure are driving the demand for Polyisocyanurate (PIR) pre-insulated pipes in this segment.
- Asia Pacific is forecasted to grow with a CAGR of 9.4% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the pipeline material market. Oil and gas production, along with rapid urbanization, has caused the market to develop in this region.
Top Leading Players in The Global Polyisocyanurate (PIR) pre-insulated pipes Market Are:
Georg Fischer AG, Logstor, Uponor, Watts Water Technologies, Perma-Pipe International Holdings, Kabelwerke Brugg, Polypipe Group PLC, and Isoplus Fernwaermetechnik GmbH, CPV Ltd., and ZECO Aircon Ltd., among others.
Segments covered in the report:
Pipe Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Flexible Polyisocyanurate (PIR) pre-insulated pipes
- Rigid Polyisocyanurate (PIR) pre-insulated pipes
Installation Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Below Ground Polyisocyanurate (PIR) pre-insulated pipes
- Above Ground Polyisocyanurate (PIR) pre-insulated pipes
End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Infrastructure and Utility
- Oil and Gas
- District Heating and Cooling
- Others
Ask for Customize Research Report: https://www.reportsanddata.com/request-customization-form/2004
Polyisocyanurate (PIR) pre-insulated pipes Market Future Analysis:
The market for polyurethane (PUR) pre-insulated pipes is expected to grow in the coming years, driven by factors such as increasing demand for energy-efficient solutions in various industries, government initiatives promoting energy efficiency, and growing investment in infrastructure development. Here are some future analysis points for the market:
- Increasing demand from district heating and cooling systems: The district heating and cooling systems segment is expected to be a major driver of the market for PUR pre-insulated pipes, as these systems are becoming increasingly popular due to their energy efficiency and cost savings.
- Growing adoption in industrial applications: The industrial applications segment is also expected to drive the demand for PUR pre-insulated pipes, as they offer superior insulation properties and can be used in a wide range of industrial applications.
- Rising demand for polyurethane foam insulation: The demand for polyurethane foam insulation, which is used in PUR pre-insulated pipes, is expected to increase in the coming years due to its excellent insulation properties and high energy efficiency.
- Increasing investment in infrastructure development: The investment in infrastructure development, especially in emerging economies, is expected to drive the demand for PUR pre-insulated pipes in the coming years.
- Technological advancements: Advancements in technology, such as the development of new insulation materials and improved manufacturing processes, are expected to drive the growth of the market for PUR pre-insulated pipes.
Overall, the market for PUR pre-insulated pipes is expected to grow in the coming years, driven by the increasing demand for energy-efficient and sustainable solutions in various industries.
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
Browse More Related Research Reports:
Chemical Tanker Shipping Market https://www.reportsanddata.com/report-detail/chemical-tanker-shipping-market
Methanol Market https://www.reportsanddata.com/report-detail/methanol-market
Recycled Polyethylene Terephthalate (RPET) Market https://www.reportsanddata.com/report-detail/recycled-polyethylene-terephthalate-market
Monopropylene Glycol Market https://www.reportsanddata.com/report-detail/monopropylene-glycol-market
Methylene Chloride Market https://www.reportsanddata.com/report-detail/methylene-chloride-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs | Insights
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
