According to Market Study Report, Industrial Insulation Market provides a comprehensive analysis of the Industrial Insulation Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.This report also provides market landscape and market share information in the Industrial Insulation Market.
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The Industrial Insulation Market is projected to grow from USD 2.6 Billion in 2019 to USD 3.3 Billion by 2024, at a CAGR of 5.0%.
Top Companies profiled in the Industrial Insulation Market:
- Owens Corning (US)
- Saint Gobain (France)
- Kingspan Group PLC (Ireland)
- Knauf Insulation (Belgium)
- Rockwool Group (Denmark)
- Johns Manville (US)
Mineral wool is an inorganic insulation material formed by using molten basalt rock, glass or industrial waste. Reduced temperature fluctuations, energy conservation, and availability in pre-formed shapes are the advantages of the material. Mineral wool is used in heavy industrial applications such as power generation, chemical & petrochemical, oil & gas, and cement owing to its high-temperature sustainability.
Pipe is the major form of insulation used in power, oil & gas and chemical & petrochemical industry, as it facilitates a smooth transfer of fluid from one section to another. Industrial insulation materials such as mineral wool, plastic foam, and calcium silicate can be formed easily into a pipe shape. Pipe form has high dimensional stability and compressive strength. Presence of these properties acts as the major driver for the use of pipe form in industrial insulation.
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Table of Contents:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Industrial Insulation Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered for the Study