The Europe pre-insulated pipe market was valued at around USD 1,193.5 Million in 2022. From 2023 to 2033, demand for pre-insulated pipes across Europe is likely to rise at 6.6% CAGR. Total market size in Europe is expected to increase from USD 1,263.2 million in 2023 to USD 2,379.7 million by 2033.
By configuration, single pipe segment dominates the Europe pre-insulated pipe industry with a share of around 74% in 2023. By end use, industrial segment holds a prominent share of Europe market.
Key Trends Listed by Future Market Insights (FMI):
Pre-insulated pipes, also known as bonded pipes or insulated pipes, have become critical components of modern heating and cooling systems. This is because they help to improve energy efficiency, reduce heat loss, and minimize the environmental impact of heating and cooling systems.
The growing awareness of the need to reduce energy consumption and greenhouse gas emissions is leading to a shift towards more sustainable heating and cooling systems. This in turn is creating growth prospects for Europe pre-insulated pipe industry.
Pre-insulated pipes can be used in a wide range of applications. This includes district heating and cooling systems, industrial processes, and residential & commercial HVAC systems. They are typically made of materials such as steel, copper, or plastic, and are available in a range of configurations to meet different application requirements.
Pre-insulated pipes are suitable options to directly supply cooling water from central district cooling units to single or multiple consumers. They provide excellent thermal insulation to the transported fluid or liquid.
The benefits of pre-insulated pipes in energy-efficient and sustainable heating and cooling systems are numerous. They help to reduce energy consumption, lower operating costs, and minimize the environmental impact of these systems.
Demand for pre-insulated pipes is expected to rise at a robust pace during the next ten years. This is because more and more buildings and facilities seek to adopt energy-efficient and sustainable heating and cooling solutions.
Renewable energy sources, such as solar and wind power, are becoming increasingly popular as several European countries seek to reduce their dependence on fossil fuels. Consequently, transition towards more sustainable and environmentally friendly sources of energy is adding to their popularity.
Pre-insulated pipes are a critical component of many renewable energy systems. This is because they provide effective insulation to transport hot or cold fluids, such as water or refrigerants, between different components of the system.
For example, pre-insulated pipes can be used to transport hot water or steam from a solar thermal power plant to a storage tank or distribution network.
The use of pre-insulated pipes in renewable energy systems is expected to increase in the coming years, as more and more countries and companies invest in these technologies. This trend in turn will benefit manufacturers and suppliers of pre-insulated pipes in Europe.
Attribute | Key Insights |
---|---|
Estimated Europe Pre-insulated Pipe Market Size (2023) | USD 1,263.2 million |
Projected Europe Pre-insulated Pipe Market Value (2033) | USD 2,379.7 million |
Value-based CAGR (2023 to 2033) | 6.6% |
Shifting preference for two pipes insulated in a single casing, commonly known as twin pipe is the new key trend witnessed in the Europe market. Twin pipe consists of two separate pipes, typically made of steel or plastic, each with its own insulation layer and a shared outer casing.
Twin pipe systems are designed for use in applications where both heating and cooling are required, and where space is limited. By using a single casing for both pipes, the system takes up less space and is easier to install, making it a popular choice in residential and commercial buildings.
In a twin pipe system, the two pipes can be arranged in various configurations, such as parallel or concentric, depending on the specific application requirements. The insulation material used in twin pipe systems is typically polyurethane foam, mineral wool, or expanded polystyrene.
On the other hand, outer casing can be made of materials such as polyethylene, steel, or aluminum.
Twin pipe systems offer several advantages over traditional single pipe systems. This includes improved energy efficiency, better temperature control, and reduced installation & maintenance costs. As a result, they are becoming an increasingly popular choice for a wide range of heating and cooling applications, particularly in urban environments where space is at a premium.
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Europe pre-insulated pipe sales revenue grew at a steady CAGR during the historical period from 2018 to 2022. Over the next ten years, Future Market Insights (FMI) predicts the Europe market to register a CAGR of 6.6%.
Growth in the market is expected to be driven by increasing demand for energy-efficient solutions in the heating, ventilation, and air conditioning (HVAC) industry, as well as the growing focus on reducing carbon emissions.
Rising adoption of district cooling & heating systems across European countries will also create demand for pre-insulated pipes or pre-insulated tubes.
Similarly, high demand for energy-efficient products and enforcement of strict government regulations pertaining to energy conservation will boost the market.
To meet rising end user demand, leading pre-insulated pipe manufacturers are launching new products such as cost-effective pre-jacketed pipes. They are also offering customized solutions to their customers. This will help them to boost their sales and revenue.
Pre-insulated pipes are an effective means of transporting hot or cold water between HVAC components, such as boilers, heat exchangers, and air conditioning units.
The insulation provided by pre-insulated pipes minimizes heat loss and improves the efficiency of the system, resulting in lower energy consumption and operating costs.
The use of pre-insulated pipes in HVAC systems is becoming increasingly popular as more and more buildings seek to achieve energy efficiency certifications, such as LEED (Leadership in Energy and Environmental Design) or BREEAM (Building Research Establishment Environmental Assessment Method).
Subsequently, building owners and operators are focusing on reducing operating costs and improving the sustainability of their buildings. This is driving demand for energy-efficient HVAC systems that utilize pre-insulated pipes.
Installation of pre-insulated pipes in residential and commercial HVAC systems is expected to continue in the coming years. This is because building codes and regulations are becoming more stringent and energy efficiency standards are becoming more prevalent.
Growing demand for energy-efficient HVAC systems will create lucrative growth opportunities for manufacturers and suppliers of pre-insulated pipes.
The rising need for safe and clean water is also driving the market as these pipes are an important component of water supply and distribution systems.
Pre-insulated pipes are used to transport both hot and cold water safely and efficiently, making them ideal for use in residential, commercial, and industrial settings.
One of the key benefits of pre-insulated pipes is that they provide an effective means of preventing the growth of bacteria and other harmful microorganisms. The insulation around the pipe prevents the water from coming into contact with any potential contaminants, which helps to ensure that the water remains safe and clean for consumption.
Escalating demand for safe & clean water due to growing concerns about water quality and safety as well as the need to meet regulatory requirements for water treatment and distribution will positively influence the market.
In addition, the trend towards sustainable water management practices is also driving demand for pre-insulated pipes. This is because these pipes can help to reduce water loss and improve the efficiency of water distribution systems.
Pre-insulated pipe systems offer several benefits that can help to improve productivity and reduce operating costs, making them an attractive option for many businesses.
One of the key benefits of pre-insulated pipe systems is that they can be installed quickly and easily, without the need for extensive excavation or construction work. This can help to minimize disruption to operations and reduce downtime, which can have a significant impact on productivity.
The increasing demand for pre-insulated pipe systems to improve productivity is being driven by a variety of factors. This includes the need to reduce operating costs, improve energy efficiency, and increase production capacity.
As a result, manufacturers and suppliers of pre-insulated pipe systems are expected to continue experiencing strong demand in the coming years, particularly in industries such as manufacturing, petrochemicals, and food and beverage production.
The pre-insulated pipe industry is heavily regulated due to the environmental impact of its raw materials, manufacturing process, and end-use applications. This makes it challenging for manufacturers to comply with strict regulations and maintain profitability.
The market is also expected to experience a slowdown due to the limited availability of raw materials. The raw materials used for pre-insulated pipes including insulation materials, (such as polyethylene, polypropylene, and others), pipes, and fittings are derived from petroleum and natural gas.
The scarcity and rising prices of these resources are likely to negatively impact the growth of the market.
The increasing number of district heating and cooling projects is expected to boost demand for pre-insulated pipes in Europe.
District heating and cooling systems are centralized systems that distribute heat or cold to multiple buildings through a network of insulated pipes. These systems are becoming increasingly popular in Europe, as they offer several advantages over traditional heating and cooling systems.
District cooling & heating systems offer advantages such as improved energy efficiency, reduced greenhouse gas emissions, and lower operating costs. Growing usage of these systems will create high demand for insulated pipelines which will eventually bolster pre-insulated pipe sales.
Pre-insulated pipes are a critical component of district heating and cooling systems, as they provide effective insulation to minimize heat loss and ensure that the system operates efficiently.
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Russia to Emerge as a Lucrative Market for Pre-insulated Pipe Manufacturers
As per Future Market Insights (FMI), Russia is expected to remain one of the lucrative markets for pre-insulated pipe manufacturers. This is due to rising popularity of district cooling & heating systems and robust expansion of industrial sector.
Russia pre-insulated pipe market is expected to offer a total incremental $ opportunity of USD 173.0 million between 2023 and 2033. Overall demand for pre-insulated pipes in the country is likely to increase at 6.2% CAGR through 2033.
By the end of 2033, Russia pre-insulated pipe industry is forecast to exceed a valuation of USD 385.0 million. Rising demand for polypropylene insulation is another key factor that will boost Russia market.
According to the latest analysis, polypropylene insulation is projected to increase by 142 basis points by the end of 2033 in Russia. This indicates that polypropylene insulation will experience strong growth in the Russian market during the forecast period.
The report suggests that this growth can be attributed to several factors. This includes increasing demand for energy-efficient solutions, growing focus on reducing carbon emissions, and the superior insulation properties of polypropylene.
HVAC Systems to Generate High Revenue-generation Opportunities for Manufacturers
As per Future Market Insights, HVAC systems segment is expected to create lucrative growth opportunities for pre-insulated pipe manufacturers across Europe. The HVAC systems segment will expand 1.8X by the end of 2033.
The target segment is expected to represent a total incremental USD opportunity of USD 401.0 million between 2023 and 2033. By the end of 2033, the HVAC systems segment is anticipated to reach a value of USD 848.1 million.
Pre-insulated pipes are being widely used in HVAC systems as they play a key role in managing heat transfer and condensation. These pipes can withstand high-humidity environments and extreme temperatures. They can easily transport water for heating and cooling applications.
HVAC pipe insulation plays an important role in managing heat transfer and condensation
High Adoption across Multiple Sectors Fueling Demand for 1 to 2 Inch Pre-insulated Pipes
According to the latest analysis, sales of 1 to 2 inch pre-insulated pipes are likely to outpace other types. This is due to rising usage of these pipes across various sectors, including.
The target segment is projected to create an incremental USD opportunity of USD 464.5 million between 2023 and 2033. This indicates a strong potential for market growth and increased demand for this specific insulation type in the coming years.
Tier-1 manufacturers account for around 45% to 50% of the overall Europe pre-insulated pipes industry. Uponor Corporation, GF Piping System, Logstor Denmark Holding ApS, Polypipe Group Plc, Polypipe Group Plc Brugg Group Ag, and others are considered in Tier 1.
Tier-2 and other manufacturers such as KE Kelit GmbH, Armacell GmbH, Terrendis, Rehau AG and Co., Aquatherm GmbH, Zetaesse SPA, and many others are estimated to account for 20% to 25% of the overall market.
Tier-3 and other manufacturers such as Set Pipes, Isoplus Piping System, Auray Managing, Durotan Ltd., Ecoline S.R.L, and many others are estimated to account for 25% to 30% of the overall market.
Key pre-insulated pipe manufacturers are strategically focusing on enhancing their customer base to increase their sales. They are adopting strategies such as new product launches, partnerships, agreements, acquisitions, collaborations, facility expansions, etc. to solidify their positions in the market. For instance,
Key information about few dominant pre-insulated pipe manufacturing companies (Uponor Corporation and GF Piping Systems) in Europe:
Uponor Corporation: Uponor Corporation engages in providing building and municipal infrastructure solutions. The company’s broad product portfolio includes plumbing solutions for domestic and heating applications, underfloor heating and cooling solutions, ceiling heating and cooling systems, manifolds, underfloor heating control solutions, and flexible pre-insulated pipe.
It has organized its business into three operating segments: Building Solutions-Europe, Building Solutions-North America, and Uponor Infra.
Uponor has manufacturing facilities in Finland, Sweden, Germany, and Poland. The company serves the United States and Canadian markets with two manufacturing facilities located in North America.
GF Piping Systems: GF Piping Systems is a business division of Georg Fischer AG that offers products and solutions for the transportation of liquids and gasses. The company has organized its product portfolio into three operating segments: Utility, Industry, and Building Technology.
The company provides piping solutions for the safe and sustainable transport of fluids for several end-use industries.
Its diversified product portfolio consists of more than 60,000 products, such as fittings, valves, pipes, automation, and jointing technologies, which cover all applications in the water cycle. The company owns more than 30 production facilities in Europe and serves customers in more than 100 countries across the globe.
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 1,263.2 million |
Projected Market Size (2033) | USD 2,379.7 million |
Anticipated Growth Rate (2023 to 2033) | 6.6% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Insulation Material, Insulation Thickness, Configuration, Pipe Outer Diameter, Application, End Use |
Regions Covered | Europe |
Key Countries Covered | Germany, Italy, France, United Kingdom, Spain, Benelux, Nordics, Russia, Rest of Europe |
Key Companies Profiled | Uponor Corporation; GF Piping System; Logstor Denmark Holding ApS; Polypipe Group Plc; Armacell GmbH; KE Kelit GmbH; Brugg Group Ag; Rehau AG and Co.; Terrendis; Aquatherm GmbH; Isoplus Piping System; Set Pipes; Auray Managing; Thermaflex International; Durotan Ltd.; Ecoline S.R.L; Jabitherm Rohrsysteme AG; Zetaesse Spa |
The market witnessed a CAGR of 6.6% from 2018 to 2022.
Limited availability of raw materials leads to the downfall of market growth.
The rising usage of pre-insulated pipes in HVAC systems fuels sales.
Russia dominates the industry with its lucrative opportunities.
The market is likely to surpass USD 2,379.7 million in 2033.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Europe Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 6. Europe Market - Pricing Analysis 7. Europe Market Demand (in Value or Size in USD million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Insulation Material 9.1. Polyethylene 9.2. Polypropylene 9.3. Polyurethane 9.4. Phenolic Foam 9.5. Mineral Wool 9.6. Glass Wool 9.7. Elastomeric Foam 9.8. Aerogel 9.9. Others 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Insulation Thickness 10.1. 0.1 to 0.5 inch 10.2. 0.5 to 1 inch 10.3. 1 to 2 inch 10.4. 2 to 4 inch 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Configuration 11.1. Single Pipe 11.2. Twin Pipe 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Pipe Outer Diameter 12.1. Upto 6 inch 12.2. 6 - 10 mm 12.3. 10 - 12 inch 12.4. 13 - 18 inch 12.5. 18 - 20 inch 12.6. 21 - 30 inch 12.7. Above 30 inch 13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application 13.1. HVAC Systems 13.2. Hot / Cold Water Piping 13.3. Fuel / Gas / Lubricant Piping 13.4. Process Industry Piping 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use 14.1. Industrial 14.1.1. Chemicals & Petrochemicals 14.1.2. Food & Beverages 14.1.3. Pharmaceuticals 14.1.4. Power Generation 14.1.5. Other Industrial 14.2. Residential and Commercial HVAC 14.3. District Cooling & Heating 14.4. Civic Water Supply & Distribution 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 15.1. Germany 15.2. Italy 15.3. France 15.4. United Kingdom 15.5. Spain 15.6. BENELUX 15.7. NORDICS 15.8. Russia 15.9. Rest of Europe 16. Germany Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Italy Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. France Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. United Kingdom Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. Spain Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21. BENELUX Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22. NORDICS Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23. Russia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 24. Rest of Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 25. Market Structure Analysis 26. Competition Analysis 26.1. Uponor Corporation 26.2. GF Piping System 26.3. Logstor Denmark Holding ApS 26.4. Thermaflex International 26.5. Set Pipes 26.6. Polypipe Group Plc 26.7. Isoplus Piping System 26.8. KE Kelit GmbH 26.9. Durotan Ltd 26.10. Ecoline S.R.L 26.11. KC Polymers PVT Ltd. 26.12. Armacell GmbH 26.13. Rehau AG and Co. 26.14. Jabitherm Rohrsysteme AG 26.15. Aquatherm GmbH 26.16. Auray Managing 26.17. Terrendis 26.18. Brugg Group AG 26.19. Zetaesse SPA 27. Assumptions and Acronyms Used 28. Research Methodology
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