Covid-19 Impact on Pipe Insulation Market to Witness Impressive Growth During 2023-28

Matt Easterlin26 Jun, 2023Business

The pipe insulation market was estimated at USD 2.31 billion in 2022 and is likely to grow at a significant CAGR of 3.78% during 2023-2028 to reach USD 2.89 billion in 2028. Pipe insulation is a material or combination that adds a protective covering to pipes and reduces the heat loss or heat gain from surfaces operating above or below the surrounding temperature.