Global Industrial Insulation Market 2022-2028
Insulation helps retard the flow of thermal energy into or out of a process, keeping temperatures stable, improving workplace safety and operational efficiency. Industrial insulation is used in various industries, such as oil and gas, automotive, construction, petrochemicals and refineries, power plants, and the chemical industry. According to market research study published by Gen Consulting Company, the global industrial insulation market is expected to reach approximately USD 9,168 million, representing a CAGR of 4.7% during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global industrial insulation market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the industrial insulation industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the material, product, application, and region. The global market for industrial insulation can be segmented by material: fiberglass, aerogel, calcium silicate, cellular glass, foamed plastic, mineral wool, others. Among these, the mineral wool segment was accounted for the highest revenue generator in 2021. Industrial insulation market is further segmented by product: blanket, board, pipe, others. Based on application, the industrial insulation market is segmented into: automotive and transportation, chemical and petrochemical, electrical and electronics, oil and gas, power generation, others. On the basis of region, the industrial insulation market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By material:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook