DUBLIN--(BUSINESS WIRE )--The "Americas Pipe Insulation Market Size, Share & Trends Analysis Report by Material (Cellular Glass, Polyurethane & Polyisocyanurate Foam, Fiberglass), by Application (Industrial, Building & Construction), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The Americas pipe insulation market size is expected to reach USD 3.91 billion by 2030. The market is anticipated to expand at a CAGR of 5.2% from 2022 to 2030. This growth is attributed to the growth of the chemical processing industry and increasing green building trends.
The increase in urbanization in Latin American countries has boosted the market for green construction in the region. With groups investing thousands of dollars in making public and private buildings to make them energy efficient, the market for pipe insulation is expected to get a boost. The rapid increase in population and spending on energy and changes in weather all point to a need for transformation in the way buildings and processes are designed, which expends a major focus on insulation.
Additionally, due to the stringent regulations governing conventional insulation products, such as plastic foams, recyclable insulation is gaining popularity as it has become increasingly important for homeowners, architects, and EPC contractors to install "green products". These green products promote environmental awareness and are biodegradable and recyclable.
The market is highly fragmented owing to the presence of numerous established industry participants. Market players are highly focused on providing eco-friendly and diversified product portfolios to their customers. Furthermore, maintaining competitive pricing is another strategy adopted by companies to gain a competitive edge over other players in the market.
Americas Pipe Insulation Market Report Highlights
Chapter 3. Americas Pipe Insulation Market Variables, Trends, and Scope
Chapter 4. Americas Pipe Insulation Market: Materials Estimates & Trend Analysis
Chapter 5. Americas Pipe Insulation Market: Application Estimates & Trend Analysis
Chapter 6. Americas Pipe Insulation Market: Regional Estimates & Trend Analysis
Chapter 7. Americas Pipe Insulation Market: Competitive Analysis
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
