SAN FRANCISCO, Sept. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Pre-Insulated Pipes - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1106
Companies: 36 - Players covered include Aquatherm GmbH; Brunata Ltd.; Durotan Ltd.; Ecoline S.R.L.; Geberit AG; Georg Fischer AG; Interplast S.A.; Isoplus Fernwaermetechnik GmbH; Kabelwerke Brugg AG Holding; KC Polymers Pvt. Ltd.; Ke KELIT Kunststoffwerk Gesellschaft M.B.H.; Logstor A/S; Maincor Rohrsysteme GmbH & Co. Kg; Muovitech International Group; Nupi Industrie Italiane S.P.A.; Pem Korea Co., Ltd.; Perma-Pipe International Holdings, Inc.; Polypipe Group PLC; Polytherm Heating Systems Ltd.; Rehau Unlimited Polymer Solutions; Rovanco Piping Systems, Inc.; Set Pipes GmbH; Simona AG; Tece GmbH; Thermacor Process Inc.; Thermaflex International; Thermal Pipe Systems, Inc.; Uponor Oyj; Vital Energi Utilities Ltd.; Watts Water Technologies, Inc.; Zeco Aircon Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Installation (Below Ground, Above Ground); End-Use (District Heating & Cooling, Oil & Gas, Infrastructure & Utility, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Pre-Insulated Pipes Market to Reach $11.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Pre-Insulated Pipes estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$11.2 Billion by 2026, growing at a CAGR of 8.5% over the analysis period. Below Ground, one of the segments analyzed in the report, is projected to record a 9.2% CAGR and reach US$7.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Above Ground segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026
The Pre-Insulated Pipes market in the U.S. is estimated at US$2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 13% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.More
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