Pipe Insulation Market is likely to witness a moderate CAGR of 3.4% during the forecast period. The prime factor that is contributing to the demand for pipe insulation is growing production of oil in countries such as the US, Saudi Arabia, Iran, and Russia, along with the presence of stringent regulations to insulate pipelines.

Pipe Insulation Market is likely to witness a moderate CAGR of 3.4% during the forecast period. The prime factor that is contributing to the demand for pipe insulation is growing production of oil in countries such as the US, Saudi Arabia, Iran, and Russia, along with the presence of stringent regulations to insulate pipelines.