Increase Requirement of Pre-Insulated Pipes to Prevent Heat Loss
According to P&S Intelligence, the pre-insulated pipes market generated revenue of $5,568.5 million in 2018, and it is expected to reach $9,597.9 million by 2024.
Pre-insulated pipes are easy to join and install, and hence they provide support in minimizing energy loss and running costs in the long run. Since they are insulated with high-energy foam, they are ideal for both new retrofitting and constructions.
The insulation and jacket collectively offer high mechanical strength, enabling the pre-insulated pipe systems to remain ineffective by physical pressure such as during their footbridge application.
Since the pre-insulated pipes are 100% water-tight pipe-and-jacket units, they can be washed or rinsed off. Similarly, clean pipes offer a better working environment with decreased maintenance expenditure.
The pre-insulated pipes are utilized in the operations of varying industries such as pharmaceutical, chemical, petrochemical, and food industries for the transportation of wastewater, steam, hydrocarbon, chemicals, oil, wastewater, cooling water, drinking water, and hot water.
A polyethylene terephthalate foam also bears high insulation properties, along with non-toxic and recyclable nature. The wide usage of PET across industries, coupled with more established recycling processes facilitates cascading application. The high thermal resistance aging behavior of the PET led by extremely low gas diffusion rates facilitates energy efficiency in the long run.
Therefore, the rise in the requirement for pre-insulated pipes in the heating sector for varying industrial operations such as pharmaceutical, petrochemicals, chemicals, and food industries propel the sales.
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