Pre-Insulated Pipe Market 2023-2027: Descriptive Analysis of Five Forces Model, Market Dynamics and Segmentation

NEW YORK, January 26, 2023 /PRNewswire/ — According to Technavio, global pre-insulated pipe market the size is expected to grow by 4,038.97 million US dollars from 2022 to 2027. The market is expected to grow at a CAGR of 9.85%. Moreover, the rate of growth will accelerate. APAC will account for the largest share of the global market during the forecast period.

Technavio has announced its latest market research report titled Global Pre-Insulated Pipe Market 2023-2027.

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Global Pre-Insulated Pipe Market – Five Forces
The global market for pre-insulated pipes is fragmentedand five forces analysis covers –

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • To interpret Porter’s five forces model – buy the report!

Global Pre-Insulated Pipe Market – Customer Landscape

The report covers the lifecycle of market adoption, from the innovator stage to the laggard stage. It focuses on adoption levels in different regions based on penetration. Additionally, the report also includes key purchasing criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Pre-Insulated Pipe Market – Segmentation Assessment

Segment view
Technavio segments the market based on product (flexible pre-insulated pipes and rigid pre-insulated pipes) and installation locations (underground and above ground).

  • The flexible pre-insulated pipes segment will account for a significant share of the global market during the forecast period. Flexible pre-insulated pipes are easy to install and are used in difficult and uneven terrain. They are flexible, durable and maintenance-free solutions for in-ground or above-ground commercial and residential applications for hydronic radiant heating, cooling and potable water. The demand for energy-efficient options and smart technologies is increasing worldwide as infrastructure and commercial expansions grow. Therefore, the demand for flexible pre-insulated pipes will increase during the forecast period.

Geographical overview
On the basis of geography, the global pre-insulated pipe market is segmented into APAC, Europe, North America, Middle East and Africaand South America. The report provides practical insights and assesses the contribution of all regions to the growth of the global pre-insulated pipes market.

  • APAC is estimated to account for 40% of the global market growth during the forecast period. There are several growth opportunities for suppliers operating in the region thanks to significant investment in infrastructure projects such as education, healthcare and renewable energy. Countries in APAC such as China, Indiaand Japan, are focusing on developing green buildings to reduce their carbon footprint. For example, in India, the demand for energy efficient buildings has increased with the development of infrastructure. Similarly, Japan focuses on earthquake-resistant building structures that require thermally insulated pipes. These factors are driving the growth of the market in APAC.

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Global pre-insulated pipes marketMarket dynamics
A key factor driving market growth

  • The increasing demand for pre-insulated pipes in the construction and industrial sectors drives market growth.

  • The growth of the global construction industry is driven by increasing investment in infrastructure projects worldwide, which in turn has boosted the demand for pre-insulated pipes in the construction industry.

  • Pre-insulated pipes are also widely used in other industries, such as chemical, energy, automotive, oil and gas, and electronics.

  • These pipes can resist breakage, leakage and corrosion thanks to their insulated inner and outer surfaces.

  • Such benefits are increasing the use of pre-insulated pipes in end-user industries, driving the market growth.

Leading trends affecting the market

  • The increasing demand from ultra-deep offshore oil fields is a key trend in the market.

  • Over the past few years, oil and gas exploration and production companies have expanded their operations from deep to ultra-deep wells.

  • They have adopted cost-effective solutions, especially for ultra-deep drilling, due to the decline in oil prices.

  • Suppliers deliver cost-effective technologies and products that are customized to the requirements of oil and gas companies drilling in ultra-deep waters.

  • Hence, with continued innovation and increasing investment in ultra-deep offshore oil fields, the demand for pre-insulated pipes is expected to increase during the forecast period.

Major challenges hindering the growth of the market

  • The volatility in commodity prices is a challenge for market growth.

  • Pre-insulated pipes are made of raw materials such as stainless steel, copper and plastic.

  • However, the prices of these raw materials fluctuate frequently.

  • For example, the price of copper has fluctuated over the past few years due to factors such as low demand, closure of large smelters, limited supply, and strict government policies.

  • Steel prices are also highly volatile due to supply and demand imbalances.

  • Therefore, the highly volatile nature of raw material prices is adversely affecting the growth of the global pre-insulated pipes market

Drivers, trends and challenges impact market dynamics that can impact business. Find more information in a sample report!

What are the key data covered in this Pre-Insulated Pipes Market Report?

  • Market CAGR during the forecast period

  • Detailed information about the factors that will drive the growth of the pre-insulated pipes market between 2023 and 2027.

  • An accurate estimation of the Pre-Insulated Pipes market size and its contribution to the parent market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • APAC Pre-Insulated Pipe Market Growth, Europe, North America, Middle East and Africaand South America

  • In-depth analysis of the competitive landscape of the market and detailed information on suppliers

  • A comprehensive analysis of the factors that will drive the growth of the vendors in the Pre-Insulated Pipes market

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Pre-Insulated Pipe Market Scope

Report coverage

Details

Page number

159

Base year

2022

Historical period

2017-2021

Estimated period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 9.85%

Market Growth 2023-2027

4,038.97 million US dollars

Market structure

Torn apart

Year-on-year growth 2022-2023 (%)

9.34

Regional analysis

APAC, Europe, North America, Middle East & Africa and South America

Effective market contribution

APAC at 40%

Key countries

USA, China, Japan, Germany and UK

The competitive environment

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

Key companies profiled

Alaska PUF Industries, aquatherm GmbH, BRUGG GROUP AG, Genuit Group Plc, Georg Fischer Ltd., Hennecke GmbH, Insul Pipe Systems, KC Polymers Pvt. Ltd., KE KELIT GmbH, Kingspan Group Plc, PEM Korea Co. Ltd., Perma Pipe International Holdings Inc., Rovanco Piping Systems Inc., Seven Star Aircon Ancillaries Pvt. Ltd., TECE GmbH, Thermaflex International Holding BV, Thermal Pipe Systems Inc., Uponor Corp., Watts EMEA Holding BV and ZECO AIRCON Ltd.

Market dynamics

Major market analysis, drivers and barriers to market growth, fast and slow growing segment analysis, analysis of the impact and recovery of COVID-19 and future consumer dynamics, and market status analysis for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

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Content

1 Summary

2 Market landscape

3 Sizing the market

4 Historical market size

5 Five Forces Analysis

6 Market segmentation by products

7 Market segmentation by installation locations

8 Customer landscape

9 Geographical landscape

10 Drivers, challenges and trends

11 Supplier landscape

12 Supplier Analysis

13 Appendix

About us
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Pre-Insulated Pipe Market 2023-2027

Global Pre-Insulated Pipe Market 2023-2027

Sission

Sission

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