Saturday Dec 10, 2022

Industrial Insulation Market Size Worth $10.19 Billion to Grow at 4.6% CAGR During 2022-2028 | Industry Trends, Share, Growth, SWOT Analysis, Forecast by The Insight Partners – Yahoo Finance

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NEW YORK, Aug. 26, 2022 /PRNewswire/ — The Insight Partners published latest research study on “Industrial Insulation Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Raw Material, Product, End User, and Geography”, the market is expected to grow from US$ 7.79 Billion in 2022 to US$ 10.19 Billion by 2028; it is expected to grow at a CAGR of 4.6% from 2022 to 2028. The market growth is attributed to the increasing demand from the power generation sector and strict regulations mandating the use of insulation materials for energy conservation. Industrial insulation helps increase safety, reduce heat loss, and make process sustainable in various industries such as power generation, chemical, and others. Increasing demand for insulation in machinery boilers, pipes, and storage tanks drives the market growth. Further, the growing construction activities in Asia Pacific, mainly in China and India, have projected the need for industrial insulation products.

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Download PDF Brochure of Industrial Insulation Market Size – COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPRE00002835/

Industrial Insulation Market – Strategic Insights

Report Coverage

Details

Market Size Value in

US$ 7.79 Billion in 2022

Market Size Value by

US$ 10.19 Billion by 2028

Growth rate

CAGR of 4.6% from 2022 to 2028

Forecast Period

2022-2028

Base Year

2022

No. of Pages

161

No. Tables

85

No. of Charts & Figures

83

Historical data available

Yes

Segments covered

Raw Material, Product, and End User

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

Revenue forecast, company …….

Source: https://finance.yahoo.com/news/industrial-insulation-market-size-worth-120000037.html

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