The ‘Egypt Pre-Insulated Pipes Market Size Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Egypt pre-insulated pipes market, assessing the market on the basis of its segments like type, layer, material, medium, and end-use.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 29.02 million
- Forecast CAGR (2023-2028): 11.2%
- Forecast Market Size (2028): USD 54.18 million
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Expansion of various industries and increasing investments in infrastructural development are key factors driving the growth of the Egypt pre-insulated pipes market. The oil and gas sector, in particular, is rapidly growing in Egypt, accounting for a sizable share of the nation’s GDP. Pre-insulated pipes are extensively used in the oil and gas sector, for the safe transportation of various oils, chemicals, steam, and fluids while minimising loss of energy. Use of pre-insulated pipes improves efficiency in the transportation of hydrocarbons and other materials utilised in the oil and gas industry while also offering cost savings.
The relatively dry and hot climate in Egypt is leading to a rising adoption of pre-insulated pipes for district cooling applications, further fuelling the Egypt pre-insulated pipes market. District cooling and heating are emerging as eco-friendly and efficient means of maintaining the temperature of larger spaces. Centralised cooling systems, which use networks of pre-insulated pipes that transport chilled water, resulting in effective cooling, comparable to conventional air conditioning while significantly reducing operating costs. Usage of pre-insulated pipes for district cooling also reduces cooling loss and maintenance costs. Infrastructural development and expansion of commercial businesses in Egypt are anticipated to bolster the Egypt pre-insulated pipes market by increasing the applications of pre-insulated pipes in district cooling.
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Egypt Pre-Insulated Pipes Industry Definition and Major Segments
Pre-insulated pipes refer to pipes that feature internal insulation so as to maintain the temperature of liquid or gaseous content that are transported through the pipes. In pre-insulated pipes, there is a carrier pipe which is surrounded by insulation material and finally covered in outer casing. Pre-insulated pipes offer effective thermal insulation, thereby minimising loss of energy, reducing time delays, and lowering operating costs.
Based on type, the market is bifurcated into:
- Flexible Pre-Insulated Pipes
- Rigid Pre-Insulated Pipes
On the basis of layer, the market is classified into:
- Carrier Pipes
- Foaming/Insulation Layers
By material, the market is divided into:
- Metals and Alloys
Based on medium, the market is segmented into:
On the basis of end-use, the market is categorised into:
- District Heating and Cooling
- Oil and Gas
- Infrastructure and Utility
Egypt Pre-Insulated Pipes Market Trends
The key trends expected to have an impact on the Egypt pre-insulated pipes market include advancements in technology of pre-insulated pipes. Improvements in insulation materials, structuring of the pipes, and thermal retention capabilities are anticipated to further increase the applications of pre-insulated pipes in the country. The growing demand for custom pre-insulated pipes is another crucial trend in the market, with key market players offering fully customisable pre-insulated pipes to match the specifications of the desired application.
Rising investments in residential and commercial infrastructural development are increasing the usage of pre-insulated pipes for the distribution of water. These pipes offer superior production against contamination and have anti-corrosion properties, due to which the quality of water can be maintained during distribution. Various reconstruction efforts are also augmenting the Egypt pre-insulated pipes market as traditional piping systems are replaced with the more cost-efficient pre-insulated pipes.
Growing preference for flexible pre-insulated pipes is key trend in the pre-insulated pipes market in Egypt, due to the heightened convenience and ease of installation they offer. Flexible pre-insulated pipes are also lightweight because of which they can be moved to end use location with ease. Expansion of key market players in Egypt is also improving the pre-insulated pipes market dynamics in the country by easing access to latest and high quality pre-insulated pipes.
Key Market Players
The major players in the Egypt pre-insulated pipes market report are Thermaflex International, Kingspan Group, Georg Fischer Piping Systems Ltd., Perma-Pipe International Holdings, Inc., Kuzeyboru Center, Interplast S.A., Aquatherm GmbH, Armacell, and Empower Logstor Insulated Pipe Systems, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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