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The report "Pre-Insulated Pipes Market by Installation (Below Ground & Above Ground), End-use Industry (District Heating & Cooling, Oil & Gas, Infrastructure & Utility), and Region (Europe, North America, APAC, MEA, South America) - Global Forecast to 2024", The pre-insulated pipes market is projected to grow from USD 6.4 billion in 2019 to USD 10.2 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. The growing district heating & cooling and infrastructure & utility markets are key drivers influencing the growth of the pre-insulated pipes market across the globe. There is a high demand for pre-insulated pipes in the district heating & cooling end-use industry segment. Pre-insulated pipes are quintessential aspects of district heating & cooling systems. They provide insulation to the media pipe and maintain temperature equilibrium inside the pipe. Some of the key advantages offered by pre-insulated pipes are excellent thermal efficiency, lower maintenance, reduced on-site labor, improved safety, and superior quality.
Some of the leading players in the global pre-insulated pipes market include Georg Fischer AG (Switzerland), Logstor (Denmark), Uponor (Finland), Watts Water Technologies (US), Perma-Pipe International Holdings (US), Kabelwerke Brugg (Switzerland), Polypipe Group PLC (UK), and Isoplus Fernwaermetechnik GmbH (Germany), among various others.