According to the Market Statsville Group (MSG), the Pre-Insulated Pipes Market size is expected to grow from USD 7,703.8 million in 2021 to USD 17,870.1 million by 2030 at a CAGR of 9.8% from 2022 to 2030. Pre-insulated pipes are layered with a carrier pipe, an insulation layer, and an outer casing/jacketing. These layers are made from various raw materials, depending on the end-use industry for which they are required. Pre-insulated pipes have traditionally been used to conserve energy by preventing energy loss to the environment, increasing cost savings. Energy loss is reduced by using effective insulation materials and providing appropriate jacketing to the carrier pipe. These pipes are manufactured in a controlled factory environment to ensure high quality and durability.

Pre-insulated pipe production is strictly regulated. Several laws and compliances, including EN, ASTM, and API, have been applied to the production processes. This creates a significant entry barrier for small and medium-sized producers, who do not profit from the long-term cost-benefit ratio because they cannot make the large initial investments required to enter the market. New players face additional challenges due to a lack of incentives such as debt provisioning, bond financing, city-level subsidies, and unfair competition.

In the succeeding decades, the Global Pre-Insulated Pipes Market is predicted to grow rapidly. Because of the increased need for pre-insulated pipes in specialist applications such as sensor cables to support networking and mobile devices, the Pre-Insulated Pipes Market is booming.

Moreover, rising environmental awareness and government initiatives contribute to the market's rapid expansion. Furthermore, the increasing use of district heating and cooling puts a favorable spin on the market's growth. The expensive cost of pipelines, on the other hand, is limiting market expansion.

COVID-19 Impact on the Pre-Insulated Pipes Market

The world economy is shrinking due to the coronavirus pandemic, which is causing havoc on global economic activity. Pre-insulated pipe materials are made from yarn, fiber, and filaments using various techniques such as thermoforming, three-dimensional weaving, three-dimensional knitting, and so on. Manufacturers in the pre-insulated pipes market have benefited from the coronavirus pandemic due to increased consumer demand for PPE kits, masks, and other medical apparel globally. Rising disposable medical clothing sales created enormous opportunities in the pre-insulated pipes market. During the COVID-19 pandemic, small and medium-sized businesses benefit as well. Market players are looking for ways to overcome challenges in the pre-insulated pipes market. Ongoing research and development activities to explore advanced manufacturing procedures in pre-insulated pipe materials propel the market forward.

Scope of the Pre-Insulated Pipes Market

The study categorizes the pre-insulated pipes market based on installation, material type, pipe configuration, and end-use industry at regional and global levels.

By Installation Outlook (Sales, USD Million, 2017-2030)

• Below Ground
• Above Ground

By  End-use Industry Outlook (Sales, USD Million, 2017-2030)

• District Heating & Cooling
• Oil & Gas
• Infrastructure & Utility
• Others
  • Food Processing
  • Pharmaceuticals
  • Wineries
  • Chemicals
  • Water Treatment

By Material Type Outlook (Sales, USD Million, 2017-2030)

• Metal & Alloys
• Polymers

By Pipe Configuration Outlook (Sales, USD Million, 2017-2030)

• Single Pipe
• Twin Pipe

By Region Outlook (Sales, USD Million, 2017-2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • Slovenia
  • Slovakia
  • the Netherlands
  • Belgium
  • Norway
  • Denmark
  • Czech Republic
  • Sweden
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • the Philippines
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA

Below-ground segment is projected to account for the largest market share, by installation

Based on the installation, the global pre-insulated pipes market is divided into below ground and above ground. The below-ground segment is expected to witness the highest market share due to the increasing adoption of district heating and cooling systems. Below-ground pre-insulated piping systems are preferred for long straight installations because they reduce the number of fittings, joints, and welding costs.

Europe accounts for the highest CAGR during the forecast period

Based on the regions, the global pre-insulated pipes market has been analyzed across five major regions: North America, Asia Pacific, the Middle East & Africa, Europe, and Latin or South America. During the forecast period, Europe is expected to hold the greatest share of the pre-insulated pipes market as major key players have a huge presence in the Euroepan region. The key drivers driving the growth of this market in Europe are increasing technological advancements in connection, digitalization, and IoT integration, increased need for energy-efficient solutions, and growing measures to minimize greenhouse gas emissions. For space heating and home hot water supply, district heating is employed in commercial, industrial, and residential applications. The pre-insulated pipe market is growing due to stringent laws and initiatives in the European region, such as EPBD and NZEB, to minimize carbon footprint and develop energy-efficient buildings.

Key Market Players in the Pre-Insulated Pipes Market

The global pre-insulated pipes market is mildly concentrated in nature, with few numbers of global players operating in the market, such as:

• Georg Fischer AG
• Uponor Corporation
• Watts Water Technologies
• LOGSTOR A/S
• Brugg Group Ag
• Polypipe Group PLC
• Vital Energi Utilities Limited
• Perma-Pipe International Holdings Inc.
• Elips - Empower Logstor
• KE KELIT
• Thermaflex International Holding b.v.
• Ecoline S.R.L.
• Aquatherm GmbH
• CPV LTD
• Insul-Pipe Systems
• Thermal Pipe Systems, Inc.
• IPL Pre Insulated Pipes
• Unifix Plast Pvt. Ltd.
• ZECO Aircon Ltd.

Recent Developments

• In March 2021, Kingspan, a leading insulation solutions provider, announced the acquisition of Logstor, a manufacturer and seller of pre-insulated pipe systems.
• In February 2021, LLOG Exploration Offshore granted Perma-Pipe International Holdings Inc. a contract to supply more than 5 miles of subsea insulation in the Dome Patrol Field in the Gulf of Mexico. This encompasses coating and insulating pipelines, as well as engineering support.
• In February 2021, Polypipe Group PLC announced the acquisition of ADEY. Polypipe's central heating system portfolio was expanded as a result of this acquisition.
• In December 2020, Georg Fischer announced the acquisition of FGS Brasil. Georg Fischer's plastic piping system in Brazil and South America was enhanced as a result of this acquisition.

Key Issues Addressed

• What is the market size by various segmentation of the pre-insulated pipes by region and its respective countries?
• What is the customer buying behavior, key takeaways, and Porter's five forces of the pre-insulated pipes market?
• What are the key opportunities and trends for manufacturers involved in the pre-insulated pipes supply chain?
• What are the market's fundamental dynamics (drivers, restraints, opportunities, and challenges)?
• What and how are regulations, schemes, patents, and policies impacting the market's growth?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of pre-insulated pipes in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.