Global Pipe Insulation Market Size & Outlook, 2023-2030
Global pipe insulation market, 2018-2030 (US$M)
Related Markets
Global pipe insulation market highlights
- The global pipe insulation market generated a revenue of USD 18,228.1 million in 2023 and is expected to reach USD 26,088.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, building & construction accounted for a revenue of USD 9,245.6 million in 2023.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 18,228.1 million |
| Market revenue in 2030 | USD 26,088.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Building & construction |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Industrial, Appliances |
Other key industry trends
- In terms of revenue, the North America accounted for 25.0% of the global pipe insulation market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 1,025.7 million by 2030.
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Pipe Insulation Market Scope
Pipe Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gilsulate International, Inc. | View profile | 1-10 | Santa Clarita, California, United States, North America | http://gilsulate.com/ |
| NMC International | View profile | 1001-5000 | Weiswampach, Diekirch, Luxembourg, Europe | https://nmc.eu |
| Knauf Insulation | View profile | 5001-10000 | Simbach, Bayern, Germany, Europe | https://www.knaufinsulation.de |
| Armstrong World Industries Inc | View profile | 3100 | 2500 Columbia Avenue, Lancaster, PA, United States, 17603 | https://www.armstrongceilings.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Sekisui Chemical Co Ltd | View profile | 26838 | 4-4, Nishitenma 2-Chome, Kita-ku, Osaka, Japan, 530-8565 | http://www.sekisui.co.jp |
| Rockwool AS Class B | View profile | 12017 | Hovedgaden 584, Hedehusene, Denmark, 2640 | https://www.rockwool.com |
| Owens-Corning Inc | View profile | 18000 | One Owens Corning Parkway, Toledo, OH, United States, 43659 | https://www.owenscorning.com |
| Lydall | View profile | 1001-5000 | Manchester, Connecticut, United States, North America | http://lydall.com |
| Kingspan Group PLC | View profile | 22384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | https://www.kingspan.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global pipe insulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pipe insulation market will help companies and investors design strategic landscapes.
Building & construction was the largest segment with a revenue share of 50.72% in 2023. Horizon Databook has segmented the Global pipe insulation market based on building & construction, industrial, appliances covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pipe Insulation Application Outlook (Revenue, USD Million, 2018-2030)
- Transportation
- Appliances
- Building & Construction
- Industrial
- Others
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Our clientele includes a mix of pipe insulation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pipe insulation market , including forecasts for subscribers. This global databook contains high-level insights into Global pipe insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pipe insulation market size, by region, 2018-2030 (US$M)
Top 10 countries: Pipe insulation market size, 2023 (US$M)
Global pipe insulation market share, by application, 2023 & 2030 (%, US$M)
Pipe insulation market: Opportunity assessment by country
Global pipe insulation market, by region, 2023 (US$M)
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