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/EIN News/ — Dublin, May 20, 2019 (GLOBE NEWSWIRE) — The "Pre-Insulated Pipes Market by Installation (Below Ground & Above Ground), End-use Industry (District Heating & Cooling, Oil & Gas, Infrastructure & Utility), and Region (Europe, North America, APAC, MEA, South America) – Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Globally, the pre-insulated pipes market is estimated to be valued at USD 6,398.9 million in 2019 and is projected to reach USD 10,214.4 million by 2024, at a CAGR of 9.8% between 2019 and 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.
Major companies in the pre-insulated pipes market include Georg Fischer AG (Switzerland), Logstor (Denmark), Uponor (Finland), Watts Water Technologies (US), Perma-Pipe International Holdings (US), Kabelwerke Brugg (Switzerland), Polypipe Group PLC (UK), and Isoplus Fernwaermetechnik GmbH (Germany), among various others.
The below-ground segment of pre-insulated pipes market is projected to grow at the higher CAGR during the forecast period
Based on the 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.
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.
Key Topics Covered
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Market Scope
1.2.2 Years Considered for the Study
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
184.108.40.206 Key Data From Secondary Sources
2.1.2 Primary Data
220.127.116.11 Key Data From Primary Sources
18.104.22.168 Key Industry Insights
22.214.171.124 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Pre-Insulated Pipes Market
4.2 Pre-Insulated Pipes Market, By Installation
4.3 Pre-Insulated Pipes Market, By End-Use Industry
4.4 Pre-Insulated Pipes Market, By Region
5 Regulations Governing Pre-Insulated Pipes
5.2 International Codes and Standards for District Heating Systems
5.3 International Codes and Standards Related to Equipment, Material, and Construction
5.4 Additional Standards for Pipeline Systems
5.5 Codes and Standards Requirements for Carrier Pipes
5.6 Standard Materials for Hot and Cold Insulation
6 Pre-Insulated Pipes Market, Comparative Study
6.2 Component Cost
6.3 Labor Cost
6.4 Execution Cost
6.5 External Support
7 Market Overview
7.2 Market Dynamics
126.96.36.199 Growth in District Heating & Cooling End-Use Industry Segment
188.8.131.52 Rising Awareness Regarding Environment and Government Incentives
184.108.40.206 Penetration of Pre-Insulated Pipes in Niche Applications
220.127.116.11 Volatility in Prices of Raw Materials
18.104.22.168 High Cost of Pre-Insulated Pipes
22.214.171.124 Investments in Emerging Economies
126.96.36.199 Controlling the Cost of Labor
188.8.131.52 Stringent Regulatory Compliances
184.108.40.206 Logistics and Certification
7.3 Porter’s Five Forces Analysis
7.3.1 Bargaining Power of Suppliers
7.3.2 Bargaining Power of Buyers
7.3.3 Threat of Substitutes
7.3.4 Threat of New Entrants
7.3.5 Intensity of Competitive Rivalry
7.4 Economic Indicators
7.4.1 Industry Outlook
220.127.116.11 Oil & Gas
8 Pre-Insulated Pipes Market, By Type of Pipe
8.2 Flexible Pre-Insulated Pipes
8.3 Rigid Pre-Insulated Pipes
9 Pre-Insulated Pipes Market, By Layer
9.2 Carrier Pipes
9.3 Foaming/Insulation Layers
10 Pre-Insulated Pipes Market, By Materials Used
10.2 Metals & Alloys
11 Pre-Insulated Pipes Market, By Medium
12 Pre-Insulated Pipes Market, By Installation
12.2 Below Ground Pre-Insulated Pipes
12.2.1 Europe Dominates the Below Ground Segment for Pre-Insulated Pipes
12.3 Above Ground Pre-Insulated Pipes
12.3.1 Europe is the Fastest Growing Market for Above Ground Installations in the Pre-Insulated Pipes Market
13 Pre-Insulated Pipes Market, By End-Use Industry
13.2 District Heating & Cooling
13.2.1 Europe Dominates the District Heating & Cooling Segment of Pre-Insulated Pipes Market
13.3 Oil & Gas
13.3.1 North America Dominates the Oil & Gas Segment of Pre-Insulated Pipes Market
13.4 Infrastructure & Utility
13.4.1 Europe is Witnessing the Fastest Growth in the Infrastructure & Utility Segment
14 Regional Analysis
14.2 Asia Pacific
18.104.22.168 District Heating & Cooling is the Fastest Growing End-Use Industry for Pre-Insulated Pipes in China
22.214.171.124 District Heating & Cooling is the Fastest Growing End-Use Industry for Pre-Insulated Pipes in India
126.96.36.199 Below Ground are the Most Preferred Installation and Dominate the Pre-Insulated Pipes Industry in Japan
14.2.4 South Korea
188.8.131.52 District Heating & Cooling Segment is the Fastest Growing End-Use Industry for Pre-Insulated Pipes
14.2.5 Rest of Asia Pacific
184.108.40.206 Below Ground is the Most Preferred Installation in Germany and is Growing at the Fastest CAGR
220.127.116.11 District Heating & Cooling is the Fastest Growing End-Use Industry in France
18.104.22.168 Below Ground Installations are the Most Preferred Installation in Italy
22.214.171.124 District Heating & Cooling End-Use Industry is Expected to Grow at the Fastest Growth Rate During the Forecast Period
126.96.36.199 District Heating & Cooling End-Use Segment is Witnessing Good Growth in Russia Due to Replacement of Old Systems
14.3.6 Rest of Europe
14.4 North America
188.8.131.52 US is Witnessing Good Growth Due to Replacement of Old District Heating Systems
184.108.40.206 District Heating & Cooling End-Use Industry is Expected to Grow at the Fastest Growth Rate During the Forecast Period
220.127.116.11 Oil & Gas End-Use Industry Dominated the Market for Pre-Insulated Pipes in Mexico
14.5 Middle East & Africa
14.5.1 Saudi Arabia
18.104.22.168 District Heating & Cooling End-Use Industry is Expected to Grow at the Fastest Growth Rate During the Forecast Period
22.214.171.124 District Heating & Cooling End-Use Industry is Expected to Grow at the Fastest Growth Rate During the Forecast Period
126.96.36.199 Below Ground Installations are Expected to Grow at the Fastest Growth Rate During the Forecast Period
14.5.4 Rest of Middle East & Africa
14.6 South America
188.8.131.52 District Heating & Cooling End-Use Industry is Expected to Grow at the Fastest Growth Rate During the Forecast Period
184.108.40.206 Below Ground Installations are Expected to Grow at the Fastest Growth Rate During the Forecast Period
14.6.3 Rest of South America
15 Competitive Landscape
15.2 Competitive Leadership Mapping, 2019
15.3 Competitive Benchmarking
15.3.1 Strength of Product Portfolio
15.3.2 Business Strategy Excellence
15.4 Market Ranking of Key Players
15.5 Competitive Scenario
15.5.6 Joint Ventures
15.5.7 New Product Launches
15.5.8 New Product Developments
16 Company Profiles
16.1 Georg Fischer AG
16.2 Perma-Pipe International Holdings, Inc.
16.3 Watts Water Technologies, Inc.
16.4 Uponor Oyj
16.5 Polypipe Group PLC
16.6 Kabelwerke Brugg AG Holding
16.7 Interplast S.A.
16.8 Isoplus Fernwaermetechnik GmbH
16.9 Pem Korea Co., Ltd.
16.10 Thermaflex International
16.11 Zeco Aircon Ltd.
16.12 Logstor A/S
16.13 Aquatherm GmbH
16.14 Other Companies
16.14.1 Ke KELIT Kunststoffwerk Gesellschaft M.B.H.
16.14.2 KC Polymers Pvt. Ltd.
16.14.3 Thermal Pipe Systems, Inc.
16.14.4 Ecoline S.R.L.
16.14.5 Vital Energi Utilities Ltd.
16.14.6 Set Pipes GmbH
16.14.7 Polytherm Heating Systems Ltd.
16.14.8 Maincor Rohrsysteme GmbH & Co. Kg
16.14.9 Durotan Ltd.
16.14.10 Nupi Industrie Italiane S.P.A.
16.14.11 Muovitech International Group
16.14.12 Tece GmbH
16.14.13 Rovanco Piping Systems, Inc.
16.14.14 Rehau Unlimited Polymer Solutions
16.14.15 Brunata Ltd.
16.14.16 Thermacor Process Inc.
16.14.17 Simona AG
16.14.18 Geberit AG
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