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Pre-Insulated Pipes Market To Reach USD 12.23 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary The development of oil and gas industries owing to the growth in population is propelling the market growth. Market Size – USD 5.85 Billion in 2018, Market Growth - CAGR of 9.6%, Market Trends – The advent of district heating and cooling services.
Our Approach Market Summary The global Pre-Insulated pipe market is forecast to reach USD 12.23 Billion by 2026, according to a new report by Reports and Data. 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 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 pre-insulated pipes are reduced on-site labor, lower maintenance, excellent thermal efficiency, improved safety, and superior quality. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2004
Our Approach Market Summary Further key findings from the report suggest Below ground pre-insulated pipe 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 pre-insulated pipes are used since they reduce the number of joints, fitting elements as well as welding operations. Flexible 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 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. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/pre-insulated-pipes-market
Our Approach Market Summary Key participants include Georg Fischer AG, Logstor, Uponor, Watts Water Technologies, Perma-Pipe International Holdings, KabelwerkeBrugg, Polypipe Group PLC, and IsoplusFernwaermetechnik GmbH, CPV Ltd., and ZECO Aircon Ltd., among others. For the purpose of this report, Reports and Data have segmented into the global Pre-Insulated pipes market on the basis of pipe type, installation type, end-users, and region: Pipe Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Flexible Pre-Insulated Pipe Rigid Pre-Insulated Pipe Installation Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Below Ground Pre-Insulated Pipes Above Ground Pre-Insulated Pipes
Our Approach Market Summary End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Infrastructure and Utility Oil and Gas District Heating and Cooling Others Order Now:https://www.reportsanddata.com/checkout-form/2004
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