The scope of study under the India pipeline thermal insulation materials market includes analysis of the market for insulation materials endorsed for pipeline thermal insulation for systems characterized by service temperature of above 100 °C in various end-use industries, such as chemical & petrochemical, oil & gas, food processing, power generation and others. The India pipeline thermal insulation materials market is expected to expand at a value CAGR of 7.9% over the forecast period.
The India pipeline thermal insulation materials market is segmented into four segments. From a regional perspective, western region is projected to lead the India pipeline thermal insulation materials market, in terms of both production and consumption. The north and south India pipeline thermal insulation materials market is expected to follow the western region in terms of pipeline thermal insulation materials consumption.
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Key Players Dominating the India Pipeline Thermal Insulation Materials Market
The report highlights some of the leading companies operating in the India pipeline thermal insulation materials market, such as Murugappa Morgan Thermal Ceramics Limited, U.P. Twiga Fiberglass Limited, NGP Industries Limited, Dhanbad Rockwool Insulation Pvt. Ltd., Lloyd Insulations (India) Ltd., Rockwool India Pvt. Ltd., Rockwool International A/S, HIL Limited and Aspen Aerogels, Inc., among others.
Factors Influencing India Pipeline Thermal Insulation Materials Market’s Growth
The India pipeline thermal insulation materials market is expected to register significant growth in the near future, primarily due to the rapid industrial growth being driven by favourable government policies and initiatives, such as “Make in India” initiative, and attractive foreign direct investment (FDI) policies. Moreover, the rapidly growing chemical and petrochemicals industry is set to create lucrative growth opportunities in the India pipeline thermal insulation materials market over the forecast period. The pipeline thermal insulation materials market in the country is highly fragmented with a number of small scale manufacturers and is characterized by the intense rivalry among companies. Intense competition exerts price pressure in the pipeline thermal insulation materials market. This price pressure might put extra pressure on the companies to reduce their product cost and thus, may hamper the revenue stream of the companies operating in the pipeline thermal insulation materials. As a result, small-sized refractory manufacturers in the country may go bankrupt or cease to exist. This may translate into restricted growth of the pipeline thermal insulation materials market in the country.
Growing environmental concerns, increasing focus on the development of sustainable energy and increasing adoption and use of insulation materials for process applications are some of the factors that are expected to push the demand for pipeline thermal insulation materials across a diverse set of industries, including oil & gas, power generation, food & beverages and chemicals & petrochemicals, among others.
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India Pipeline Thermal Insulation Materials Market Segmentation and Forecast
The India pipeline thermal insulation materials market is segmented on the basis of product type, temperature, end-use industry and region. On the basis of product type, the India pipeline thermal insulation materials market is segmented as a calcium silicate, ceramic fibre, cellular glass, glass mineral wool, rock mineral wool, polyurethane foam, microporous insulation, aerogel and others. Rock mineral wool, followed by glass mineral wool segment, dominates the pipeline thermal insulation materials market and the two segments are estimated to collectively account for almost four-fifth of the overall volume share in the India pipeline thermal insulation materials market. Rock mineral wool insulation segment dominates the India pipeline thermal insulation materials market owing to its low cost, efficient insulation properties and higher strength. However, aerogel and microporous insulation segments, by product type pipeline thermal insulation materials, are estimated to be the fastest growing segments. However, the growth of the aerogel & microporous insulation segment in the India pipeline thermal insulation materials market is expected to be hampered due to its high cost as compared to its counter parts.
Tables of Content Covered in the India Pipeline Thermal Insulation Materials Market Report are:
1. Executive Summary
A gist of the report, highlighting the key takeaways
1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
A definition of Pipeline Thermal Insulation Materials and related market taxonomy
2.1. Market Definition
2.2. Market Taxonomy
2.3. Key Specification
2.4. Pipeline Thermal Insulation Materials Comparison
2.5. Materials and Temperature – Criss-Cross Analysis Matrix
2.6. Preference Analysis By End-Use Industry
2.8. Material Selection Criteria
2.9. Economic Thickness of Insulation
2.10. Market Overview
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3. Market Background
3.1. Macroeconomic Factors
3.2. End Use Industries Overview
3.3. Key Success Factors
4. Porter’s Five Force Analysis
5. Market Dynamics
6. Value Chain Analysis
7. Forecast Factors : Relevance and Impact
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8. India Pipeline Thermal Insulation Materials Market Analysis By Product Type
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type
8.3. Market Size (US$ Mn) and Volume Forecast By Product Type
8.3.1. Calcium Silicate
8.3.2. Ceramic Fibre
8.3.3. Cellular Glass
8.3.4. Glass Mineral Wool
8.3.5. Rock Mineral Wool
8.3.6. Polyurethane Foam
8.4. Market Attractiveness Analysis By Product Type
9. India Pipeline Thermal Insulation Materials Market By Temperature Range
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Temperature Range (2013-2017)
9.3. Market Size (US$ Mn) and Volume Forecast By Temperature Range (2018-2026)
9.3.1. 100 – 200
9.3.2. 200 – 500
9.4. Market Attractiveness Analysis By Temperature Range
10. India Pipeline Thermal Insulation Materials Market By End Use Industry
10.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use Industry (2013-2017)
10.3. Market Size (US$ Mn) and Volume Forecast By End Use Industry (2018-2026)
10.3.3. Food & Beverages
10.3.4. Power Plant
10.3.5. Oil & Gas
10.3.6. Mining & Metallurgy
10.4. Market Attractiveness Analysis By End Use Industry
11. India Pipeline Thermal Insulation Materials Market Analysis By Region
A detailed, region-wise assessment, providing projections on market growth in key regions
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2013 – 2017
11.3. Market Size (US$ Mn) and Volume Forecast By Region, 2018–2026
11.4. Market Attractiveness Analysis By End Use Industry
12. Competition Landscape (Manufactures/Suppliers)
12.1. Tier-wise Market Share Analysis
12.2. Market Presence and Intensity Map
12.3. Competition Dashboard
12.4. Competition Deep Dive
12.4.1. Murugappa Morgan Thermal Ceramics Limited
184.108.40.206. Product Portfolio
220.127.116.11. Profitability by Market Segments
18.104.22.168. Production Footprint
22.214.171.124. Sales Footprint
126.96.36.199. Strategy Overview
188.8.131.52.1. Product Strategy
184.108.40.206.2. Overall Strategy
12.4.2. U.P. Twiga Fiberglass Limited
12.4.3. Perma-Pipe International Holdings, Inc.
12.4.4. NGP Industries Limited
12.4.5. Dhanbad Rockwool Insulation Pvt. Ltd.
12.4.6. Lloyd Insulations (India) Ltd.
12.4.7. Rockwool India Pvt. Ltd.
12.4.8. Omkar Puf Insulation Private Limited
12.4.9. Thermocare Rockwool India Pvt. Ltd
12.4.10. HIL Limited
12.4.11. Goenka Rockwool (India) Private Limited
12.4.12. Aspen Aerogels, Inc.
12.4.13. Rockwool International A/S
12.4.14. Shree Ceramic Fibers Private Limited
12.4.15. Montex Glass Fibre Industries Pvt. Ltd.
13. End-User Industry Analysis
14. Survey Analysis
15. Case Study
16. Research Methodology
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