Pipe Insulation Market 2030: The Growing Importance of Insulated Piping Systems
The global pipe insulation market was valued at approximately USD 8.87 billion in 2022 and is projected to experience a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030. This growth is largely driven by increasing consumer awareness regarding energy conservation. The market faced significant investment declines in the industrial sector during the pandemic, adversely affecting...
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