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    Pipe Insulation Market Research Report – Global Forecast till 2030 Infographic

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    Pipe Insulation Market

    ID: MRFR/CnM/5813-HCR
    140 Pages
    Chitranshi Jaiswal
    September 2025

    Pipe Insulation Market Research Report Information By Type (Foamed Plastic, Elastomeric Foam, Mineral Wool, Fiber Glass), End-Use Industry (Chemical and Oil & Gas, Power, Automotive, Construction, Food & Beverages, Pharmaceuticals), And Region — Global Forecast Till 2030

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    Pipe Insulation Market Research Report – Global Forecast till 2030 Infographic
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    Table of Contents

    Pipe Insulation Market Summary

    The Global Pipe Insulation Market is projected to grow from 8.84 USD Billion in 2024 to 13.0 USD Billion by 2035.

    Key Market Trends & Highlights

    Pipe Insulation Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 3.6 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 13.0 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 8.84 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of energy-efficient insulation materials due to increasing energy conservation regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 8.84 (USD Billion)
    2035 Market Size 13.0 (USD Billion)
    CAGR (2025-2035) 3.6%

    Major Players

    BASF SE, Johns Manville, Covestro AG, Dunmore, Huntsman International LLC, Winchell Insulation Co. Ltd, Rockwool International Co. Ltd, Saint Gobain, Knauf Insulation, Armacell International SA, Owens Corning, Kingspan Group, Thermaxx Jackets

    Pipe Insulation Market Trends

    The increasing emphasis on energy efficiency and sustainability in construction practices appears to drive the demand for advanced pipe insulation materials, which are essential for reducing thermal losses and enhancing overall system performance.

    U.S. Department of Energy

    Pipe Insulation Market Drivers

    Market Trends and Projections

    Rising Construction Activities

    The Global Pipe Insulation Market Industry is significantly influenced by the booming construction sector. With urbanization and infrastructure development on the rise, there is an increasing need for effective insulation solutions in new buildings and renovations. Insulation is critical in maintaining energy efficiency and comfort in residential and commercial spaces. As the construction industry continues to grow, the demand for pipe insulation is projected to increase, contributing to the market's expansion. By 2035, the market is expected to reach 13.0 USD Billion, indicating a robust correlation between construction activities and insulation demand.

    Regulatory Compliance and Standards

    Regulatory frameworks globally are increasingly emphasizing the importance of insulation in reducing energy consumption and greenhouse gas emissions. The Global Pipe Insulation Market Industry is influenced by these regulations, which mandate specific insulation standards across various sectors, including construction and manufacturing. Compliance with these standards not only helps in achieving energy efficiency but also enhances the overall safety of installations. As industries adapt to these regulations, the demand for high-quality pipe insulation products is expected to rise, contributing to the market's growth trajectory. This regulatory push is likely to be a significant driver in the coming years.

    Growing Demand for Energy Efficiency

    The Global Pipe Insulation Market Industry is experiencing a notable increase in demand for energy-efficient solutions. As energy costs continue to rise, industries are seeking ways to minimize energy loss in heating and cooling systems. Effective pipe insulation plays a crucial role in maintaining temperature, thereby reducing energy consumption. In 2024, the market is projected to reach 8.84 USD Billion, reflecting a growing awareness of energy efficiency. This trend is likely to continue as regulations become stricter and industries aim for sustainability, potentially driving the market further as companies invest in insulation technologies.

    Increased Awareness of Environmental Impact

    There is a growing awareness of the environmental impact of energy consumption, which is driving the Global Pipe Insulation Market Industry. As industries and consumers become more environmentally conscious, the demand for insulation products that enhance energy efficiency and reduce carbon footprints is increasing. This trend is evident in various sectors, including HVAC, plumbing, and industrial applications, where effective insulation is recognized as a key factor in sustainability efforts. The market is likely to benefit from this heightened awareness, as companies seek to adopt greener practices and comply with environmental regulations.

    Technological Advancements in Insulation Materials

    Innovations in insulation materials are transforming the Global Pipe Insulation Market Industry. New materials, such as aerogels and advanced polymer composites, offer superior thermal performance and durability compared to traditional options. These advancements enable industries to achieve better insulation with thinner profiles, which is particularly beneficial in space-constrained applications. As manufacturers continue to develop and introduce these innovative materials, the market is expected to expand. The introduction of these technologies may also lead to a shift in consumer preferences towards more efficient and sustainable insulation solutions, further propelling market growth.

    Market Segment Insights

    Regional Insights

    Key Companies in the Pipe Insulation Market market include

    Industry Developments

    • Q2 2024: Saint-Gobain completes acquisition of Kaycan, expanding insulation solutions portfolio Saint-Gobain announced the completion of its acquisition of Kaycan, a North American manufacturer of building materials, strengthening its position in the pipe insulation and broader insulation market.
    • Q1 2024: Owens Corning launches new FOAMGLAS® Pipe Insulation for industrial applications Owens Corning introduced its latest FOAMGLAS® Pipe Insulation product, designed to offer enhanced thermal performance and corrosion resistance for industrial piping systems.
    • Q2 2024: Kingspan opens new pipe insulation manufacturing facility in Germany Kingspan officially opened a new manufacturing plant in Germany dedicated to producing advanced pipe insulation materials for European industrial and commercial markets.
    • Q3 2024: Armacell partners with BASF to develop next-generation flexible pipe insulation Armacell announced a strategic partnership with BASF to co-develop innovative flexible pipe insulation products using advanced polymer technologies.
    • Q2 2024: Johns Manville wins major contract for LNG terminal pipe insulation in Texas Johns Manville secured a significant contract to supply pipe insulation for a new liquefied natural gas (LNG) terminal under construction in Texas.
    • Q1 2025: Rockwool Group appoints new CEO to drive growth in insulation markets Rockwool Group announced the appointment of a new Chief Executive Officer, aiming to accelerate expansion in the pipe insulation and energy efficiency sectors.
    • Q2 2025: Saint-Gobain unveils sustainable pipe insulation product line made from recycled materials Saint-Gobain launched a new range of pipe insulation products manufactured using recycled content, targeting environmentally conscious construction and industrial customers.
    • Q3 2024: Knauf Insulation acquires minority stake in Turkish pipe insulation manufacturer Knauf Insulation announced the acquisition of a minority stake in a leading Turkish pipe insulation producer, expanding its footprint in the Middle East and Eastern Europe.
    • Q2 2024: Armacell secures funding for expansion of pipe insulation production in India Armacell received new investment to expand its pipe insulation manufacturing capacity in India, responding to rising demand in the region’s industrial sector.
    • Q1 2025: Owens Corning announces partnership with Siemens for smart pipe insulation monitoring Owens Corning entered into a partnership with Siemens to develop smart monitoring solutions for pipe insulation, integrating IoT sensors for real-time performance tracking.
    • Q2 2025: Johns Manville opens new R&D center focused on advanced pipe insulation technologies Johns Manville inaugurated a new research and development center dedicated to innovating advanced pipe insulation materials and solutions.
    • Q3 2025: Kingspan acquires US-based pipe insulation distributor to strengthen North American presence Kingspan completed the acquisition of a major US pipe insulation distributor, enhancing its distribution network and market share in North America.

    Future Outlook

    Pipe Insulation Market Future Outlook

    The Global Pipe Insulation Market is projected to grow at a 3.6% CAGR from 2024 to 2035, driven by increasing energy efficiency regulations and rising demand for sustainable construction materials.

    New opportunities lie in:

    • Develop advanced insulation materials with enhanced thermal performance for industrial applications.
    • Leverage smart technology integration in insulation solutions to monitor energy efficiency.
    • Expand product offerings to include eco-friendly and recyclable insulation options.

    By 2035, the market is expected to demonstrate robust growth and innovation, positioning itself as a leader in energy-efficient solutions.

    Market Segmentation

    MARKET SEGMENTATION

    Report Scope

    Report Attribute/Metric Details
      Market Size   2030: 8.54 billion
      CAGR   CAGR of 3.6% (2022-2030)
      Base Year   2023
      Forecast Period   2022-2030
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, end-use industry, and region.
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   BASF SE (Germany), Covestro AG (Germany), Huntsman International LLC (US), Rockwool International A/S (Denmark), Saint-Gobain (France), Armacell International SA (Luxembourg), Owens Corning (US), Thermaxx Jackets (US), Cellofoam GmbH & Co. KG (Germany), Great Lakes Textiles (US), Kingspan Group (Republic of Ireland), Knauf Insulation (UAE), Wincell Insulation Co.Ltd (China), Dunmore (US) and Johns Manville (US).
      Key Market Opportunities   Increased durability of pipelines upon the usage of pipe insulation is further boosting the market.
      Key Market Drivers    Growing oil & gas industry along with the increasing instances of cross border oil & gas transportation.

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What is the contribution of the Middle East and African region?

    Some of the Middle East and African region occupies a significant market share where it occupies a huge position helping in market growth and increasing the pipe insulation market value. Some of the end-use industries like the oil and gas industry, food and beverage industry increase the pipe insulation market revenue and thus occupy a stable position and improve the quality of the market.

    Give the significance of the growth in the Latin American region?

    Latin American region holds a substantial but steady growth. Slow development has been taken place. Moreover, during the market forecast period, this region is continuously showing a little increase in growth due to the industrialization in some of the regions of Brazil, Mexico, and even the Venezuela region.

    What is the base year so expected for expansion of Market size?

    The base year is said to be 2019 where maximum growth and development took place.

    What are the areas that the report covers?

    The report covers the areas of market growth, market forecast, competitive landscape, and the growing pipe insulation market trends.

    1. Executive Summary
    2. Market Introduction
      1. Market Definition
      2. Scope of the Study
      3. List of Assumptions
      4. Markets Structure
    3. Market Research Methodology
      1. Research
    4. Process
      1. Primary Research
      2. Secondary Research
      3. Market
    5. Size Estimation
      1. Forecast Model
    6. Market Dynamics of Global Pipe Insulation
    7. Market
      1. Introduction
      2. Drivers
      3. Restraints
      4. Opportunities
      5. Challenges
      6. Trends/Technology
    8. Market Factor Analysis of Global
    9. Pipe Insulation Market
      1. Supply Chain Analysis
        1. Raw Material
    10. Suppliers
      1. Manufacturers/Producers
        1. Distributors/Retailers/Wholesalers/E-Commerce
        2. End Use Industry
      2. Porter’s Five Forces Analysis
    11. Threat of New Entrants
      1. Bargaining Power of Buyers
        1. Bargaining
    12. Power of Suppliers
      1. Threat of Substitutes
        1. Intensity of Competitive
    13. Rivalry
    14. Global Pipe Insulation Market, by Type
      1. Introduction
      2. Foamed Plastic
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates & Forecast, by Region, 2020−2027
      3. Elastomeric
    15. Foam
      1. Market Estimates & Forecast, 2020−2027
        1. Market
    16. Estimates & Forecast, by Region, 2020−2027
      1. Fiber Glass
    17. Market Estimates & Forecast, 2020−2027
      1. Market Estimates &
    18. Forecast, by Region, 2020−2027
      1. Mineral Wool
        1. Market Estimates
    19. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by Region,
      2. Others
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates & Forecast, by Region, 2020−2027
    20. Global
    21. Pipe Insulation Market, by End-Use Industry
      1. Introduction
      2. Chemical
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates
    22. & Forecast, by Region, 2020−2027
      1. Oil & Gas
        1. Market
    23. Estimates & Forecast, 2020−2027
      1. Market Estimates & Forecast,
    24. by Region, 2020−2027
      1. Power
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast, by Region, 2020−2027
      2. Automotive
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates & Forecast, by Region, 2020−2027
      3. Building
    25. & Construction
      1. Market Estimates & Forecast, 2020−2027
        1. Market Estimates & Forecast, by Region, 2020−2027
      2. Food
    26. & Beverages
      1. Market Estimates & Forecast, 2020−2027
        1. Market Estimates & Forecast, by Region, 2020−2027
      2. Pharmaceutical
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates
    27. & Forecast, by Region, 2020−2027
      1. Others
        1. Market Estimates
    28. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by Region,
    29. Global Pipe Insulation Market, by Region
      1. Introduction
      2. North America
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates & Forecast, by Type, 2020−2027
        3. Market
    30. Estimates & Forecast, by End-Use Industry, 2020−2027
      1. US
        1. Market Estimates & Forecast, 2020−2027
    31. & Forecast, by Type, 2020−2027
      1. Market Estimates & Forecast,
    32. by End-Use Industry, 2020−2027
      1. Canada
        1. Market Estimates
    33. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by
    34. Type, 2020−2027
      1. Market Estimates & Forecast, by End-Use Industry,
      2. Europe
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates & Forecast, by Type, 2020−2027
        3. Market
    35. Estimates & Forecast, by End-Use Industry, 2020−2027
      1. Germany
        1. Market Estimates & Forecast, 2020−2027
    36. & Forecast, by Type, 2020−2027
      1. Market Estimates & Forecast,
    37. by End-Use Industry, 2020−2027
      1. France
        1. Market Estimates
    38. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by
    39. Type, 2020−2027
      1. Market Estimates & Forecast, by End-Use Industry,
        1. Italy
    40. Market Estimates & Forecast, by End-Use Industry, 2020−2027
    41. Spain
      1. Market Estimates & Forecast, 2020−2027
    42. Market Estimates & Forecast, by Type,2020−2027
      1. Market Estimates
    43. & Forecast, by End-Use Industry, 2020−2027
      1. UK
    44. Market Estimates & Forecast, 2020−2027
      1. Market Estimates &
    45. Forecast, by Type,2020−2027
      1. Market Estimates & Forecast,
    46. by End-Use Industry, 2020−2027
      1. Russia
        1. Market Estimates
    47. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by
    48. Type,2020−2027
      1. Market Estimates & Forecast, by End-Use Industry,
        1. Poland
        2. Rest of Europe
    49. Market Estimates & Forecast, by End-Use Industry, 2020−2027
      1. Asia-Pacific
        1. Market Estimates & Forecast, 2020−2027
        2. Market Estimates
    50. & Forecast, by Type, 2020−2027
      1. Market Estimates & Forecast,
    51. by End-Use Industry, 2020−2027
      1. China
        1. Market Estimates
    52. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by
    53. Type, 2020−2027
      1. Market Estimates & Forecast, by End-Use Industry,
        1. India
    54. Market Estimates & Forecast, by End-Use Industry, 2020−2027
    55. Japan
      1. Market Estimates & Forecast, 2020−2027
    56. Market Estimates & Forecast, by Type, 2020−2027
      1. Market Estimates
    57. & Forecast, by End-Use Industry, 2020−2027
      1. Australia &
    58. New Zealand
      1. Market Estimates & Forecast, 2020−2027
    59. Market Estimates & Forecast, by Type, 2020−2027
      1. Market Estimates
    60. & Forecast, by End-Use Industry, 2020−2027
      1. Rest of Asia-Pacific
        1. Market Estimates & Forecast, 2020−2027
    61. & Forecast, by Type, 2020−2027
      1. Market Estimates & Forecast,
    62. by End-Use Industry, 2020−2027
      1. Middle East & Africa
    63. Market Estimates & Forecast, 2020−2027
      1. Market Estimates &
    64. Forecast, by Type, 2020−2027
      1. Market Estimates & Forecast, by
    65. End-Use Industry, 2020−2027
      1. GCC
        1. Market Estimates &
    66. Forecast, 2020−2027
      1. Market Estimates & Forecast, by Type,
        1. Market Estimates & Forecast, by End-Use Industry,
        2. Israel
        3. North Africa
    67. Market Estimates & Forecast, by End-Use Industry, 2020−2027
    68. Turkey
      1. Market Estimates & Forecast, 2020−2027
    69. Market Estimates & Forecast, by Type, 2020−2027
      1. Market Estimates
    70. & Forecast, by End-Use Industry, 2020−2027
      1. Rest of Middle East
    71. & Africa
      1. Market Estimates & Forecast, 2020−2027
    72. Market Estimates & Forecast, by Type, 2020−2027
      1. Market Estimates
    73. & Forecast, by End-Use Industry, 2020−2027
      1. Latin America
    74. Market Estimates & Forecast, 2020−2027
      1. Market Estimates &
    75. Forecast, by Type, 2020−2027
      1. Market Estimates & Forecast, by
    76. End-Use Industry, 2020−2027
      1. Brazil
        1. Market Estimates
    77. & Forecast, 2020−2027
      1. Market Estimates & Forecast, by
    78. Type, 2020−2027
      1. Market Estimates & Forecast, by End-Use Industry,
        1. Argentina
        2. Mexico
    79. Market Estimates & Forecast, by End-Use Industry, 2020−2027
    80. Rest of Latin America
      1. Market Estimates & Forecast, 2020−2027
        1. Market Estimates & Forecast, by Type, 2020−2027
    81. Market Estimates & Forecast, by End-Use Industry, 2020−2027
    82. Company
    83. Landscape
      1. Introduction
      2. Market Strategy
      3. Key Development
    84. Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
    85. Company Profiles
      1. BASF SE
        1. Company Overview
    86. Financial Updates
      1. Product/Business Segment Overview
        1. Strategy
        2. Key Developments
        3. SWOT Analysis
      2. Covestro AG
        1. Company Overview
        2. Financial Updates
        3. Product/Business
    87. Segment Overview
      1. Strategy
        1. Key Developments
    88. SWOT Analysis
      1. Huntsman International LLC
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
    89. Strategy
      1. Key Developments
        1. SWOT Analysis
      2. Rockwool
    90. International A/S
      1. Company Overview
        1. Financial Updates
        2. Product/Business Segment Overview
        3. Strategy
        4. Key
    91. Developments
      1. SWOT Analysis
      2. Saint-Gobain
        1. Company
    92. Overview
      1. Financial Updates
        1. Product/Business Segment Overview
        2. Strategy
        3. Key Developments
        4. SWOT Analysis
      2. Armacell International SA
        1. Company Overview
        2. Financial
    93. Updates
      1. Product/Business Segment Overview
        1. Strategy
        2. Key Developments
        3. SWOT Analysis
      2. Owens Corning
    94. Company Overview
      1. Financial Updates
        1. Product/Business Segment
    95. Overview
      1. Strategy
        1. Key Developments
        2. SWOT Analysis
      2. Thermaxx Jackets
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
    96. Key Developments
      1. SWOT Analysis
      2. Cellofoam GmbH & Co. KG
        1. Company Overview
        2. Financial Updates
        3. Product/Business
    97. Segment Overview
      1. Strategy
        1. Key Developments
    98. SWOT Analysis
      1. Great Lakes Textiles
        1. Company Overview
    99. Financial Updates
      1. Product/Business Segment Overview
    100. Strategy
      1. Key Developments
        1. SWOT Analysis
      2. Kingspan
    101. Group
      1. Company Overview
        1. Financial Updates
    102. Product/Business Segment Overview
      1. Strategy
        1. Key Developments
        2. SWOT Analysis
      2. Knauf Insulation
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
      3. Wincell Insulation Co.Ltd
        1. Company Overview
        2. Financial
    103. Updates
      1. Product/Business Segment Overview
        1. Strategy
        2. Key Developments
        3. SWOT Analysis
      2. Johns Manville
        1. Company Overview
        2. Financial Updates
        3. Product/Business
    104. Segment Overview
      1. Strategy
        1. Key Developments
    105. SWOT Analysis
      1. D
        1. Company Overview
        2. Financial
    106. Updates
      1. Product/Business Segment Overview
        1. Strategy
        2. Key Developments
        3. SWOT Analysis
    107. Conclusion
    108. Asia-Pacific: Pipe Insulation Market. by Country, 2020−2027
    109. Middle East & Africa: Pipe Insulation Market, by Country, 2020−2027
    110. North America: Pipe Insulation Type Market, by Country, 2020−2027
    111. Europe: Pipe Insulation Type Market, by Country, 2020−2027
    112. Asia-Pacific: Pipe Insulation Type Market, by Country, 2020−2027
    113. Middle East & Africa: Pipe Insulation Type Market, by Country, 2020−2027
    114. Country, 2020−2027
    115. Industry Market, by Country, 2020-2027
    116. North America: Pipe Insulation Market, by End-Use Industry, 2020−2027
    117. Europe: Pipe Insulation Market, by Type, 2020−2027
    118. Insulation Market, by End-Use Industry, 2020−2027
    119. Pipe Insulation Market, by Country, 2020−2027
    120. Pipe Insulation Market, by Type, 2020−2027
    121. Insulation Market, by End-Use Industry, 2020−2027
    122. & Africa: Pipe Insulation Market, by Country, 2020−2027
    123. East & Africa: Pipe Insulation Market, by Type, 2020−2027
    124. Middle East & Africa: Pipe Insulation Market, by End-Use Industry, 2020−2027
    125. Pipe Insulation Market
    126. Global Pipe Insulation Market, 2020−2027,
    127. Market Size, by Type, 2020
    128. by Type, 2020−2027
    129. Industry, 2020
    130. Industry, 2020−2027

    Pipe Insulation Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Pipe Insulation Market Research Report – Global Forecast till 2030 Infographic
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