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(0) Expansion of the oil & gas sector will lead to increasing demand for pre-insulated pipes. DUBAI, UAE / ACCESSWIRE / April 21, 2021 / Soaring use of pre-insulated pipes in district heating and cooling applications is likely to fuel the demand through 2031. Rising demand from oil & gas, chemicals and other end-use industries is likely to accelerate the pre-insulated pipes sales. As projected by Future Market Insights, the market is poised to expand at a moderate pace, exhibiting 5.8% CAGR between 2021 and 2031. Pre-insulated pipes provide thermal efficiency, improved safety features, lower maintenance, and reduced labor cost. These features are creating lucrative growth opportunities for manufacturers. Among key end users, district heating & cooling industry accounts for 27% of total market share. Rising demand for district cooling system applications for providing chilled water, steam, and gas have been fuelling the demand for pre-insulated pipes across India and GCC countries.

Rheinland pfalzUnited arab emiratesUnited statesUnited kingdomAquatherm gmbKostenloser wertpapierhandelAbhishek budholiyaAsia pacificHoldings incVital energi utilitiesWatts water technologiesMaircon ltdPipe international holdings incAmerican petroleum institutePolypipe groupAmerican society for testing materials