South Korea Pipe Insulation Market to 2032
Overview
The South Korea Pipe Insulation Market is expected to reach a 111.79 USD Million by 2032 and is projected to grow at a CAGR of 9.62% from 2025 to 2032.
Revenue, 2024 (USD Million)
72.45
Forecast, 2032 (USD Million)
111.79
CAGR, 2024 - 2032
9.62%
Report Coverage
South Korea
South Korea Pipe Insulation Market 2018-2032 USD Million
South Korea Pipe Insulation Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 72.45 USD Million
- Projected Market Size (2032): 111.79 USD Million
- CAGR (2025-2032): 9.62%
Key Findings of South Korea Pipe Insulation Market
- The South Korea Pipe Insulation Market was valued at 72.45 USD Million in 2024.
- The South Korea Pipe Insulation Market is likely to grow at a CAGR of 9.62% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cold Insulation in Temperature Segment accounted for the largest share of the market with a revenue of 48.92 USD Million
- The fastest growing segment Oil and Gas in Application Segment grew Fastest with a CAGR of 13.26% during the forecast period from 2024 to 2032.
South Korea Pipe Insulation Market Scope
South Korea Pipe Insulation Market Segmentation & Scope
Material Type
- Others
- Elastomeric Foam
- Phenolic Foam
- Urea Formaldehyde
- Polyvinyl Chloride
- Polycarbonate
- Polypropylene
- Polyolefin
- Polystyrene
- Fiberglass
- Rockwool
- Polyurethane
Product Type
- Others
- Foils
- Wraps
- Thin Films
- Coating Material
- Stone Wool Insulation Covers
- Rigid Insulation Products
Application
- Others
- Transportation
- Automotive
- Electronics
- Energy & Power
- Building and Construction
- Food and Beverage
- Chemical Industry
- Oil and Gas
Temperature
- Hot Insulation
- Cold Insulation
South Korea Pipe Insulation Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 72.45 USD Million |
| Market Value in 2032 | 111.79 USD Million |
| CAGR (2025-2032) | 9.62% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material Type,Product Type,Application,Temperature |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 72.45 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 72.45 USD Million in 2024.
Segments and Scope
-
South Korea Pipe Insulation Market to 2032, By Material Type
- Polyurethane is the largest segment in South Korea Pipe Insulation Market to 2032 with a revenue of 28.47 USD Million in the year 2024.
- Polyurethane is the Fastest growing segment in South Korea Pipe Insulation Market to 2032 with a Growth rate of 12.03 % in forecast period 2025-2032.
-
South Korea Pipe Insulation Market to 2032, By Product Type
- Rigid Insulation Products is the largest segment in South Korea Pipe Insulation Market to 2032 with a revenue of 29.54 USD Million in the year 2024.
- Rigid Insulation Products is the Fastest growing segment in South Korea Pipe Insulation Market to 2032 with a Growth rate of 11.91 % in forecast period 2025-2032.
-
South Korea Pipe Insulation Market to 2032, By Application
- Oil and Gas is the largest segment in South Korea Pipe Insulation Market to 2032 with a revenue of 23.37 USD Million in the year 2024.
- Oil and Gas is the Fastest growing segment in South Korea Pipe Insulation Market to 2032 with a Growth rate of 13.26 % in forecast period 2025-2032.
-
South Korea Pipe Insulation Market to 2032, By Temperature
- Cold Insulation is the largest segment in South Korea Pipe Insulation Market to 2032 with a revenue of 48.92 USD Million in the year 2024.
- Cold Insulation is the Fastest growing segment in South Korea Pipe Insulation Market to 2032 with a Growth rate of 10.26 % in forecast period 2025-2032.
South Korea Pipe Insulation Market Company Share Analysis
| Company Name |
|
||
| Saint-Gobain | |||
| BASF SE | |||
| 3M | |||
| Covestro AG | |||
| Dow | |||
South Korea Pipe Insulation Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Pipe Insulation Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Pipe Insulation Market is segmented based on Segmentation Material Type,Product Type,Application,Temperature.
South Korea Pipe Insulation Market was valued at USD 72.45(Revenue in USD Million) in 2019.
South Korea Pipe Insulation Market is projected to grow at a CAGR of 9.62% during the forecast period of 2024 to 2032.
The Cold Insulation segment is expected to dominate the South Korea Pipe Insulation Market, holding a largest market share of 48.92 USD Million in 2024
South Korea Pipe Insulation Market Scope
South Korea Pipe Insulation Market Segmentation & Scope
Material Type
- Others
- Elastomeric Foam
- Phenolic Foam
- Urea Formaldehyde
- Polyvinyl Chloride
- Polycarbonate
- Polypropylene
- Polyolefin
- Polystyrene
- Fiberglass
- Rockwool
- Polyurethane
Product Type
- Others
- Foils
- Wraps
- Thin Films
- Coating Material
- Stone Wool Insulation Covers
- Rigid Insulation Products
Application
- Others
- Transportation
- Automotive
- Electronics
- Energy & Power
- Building and Construction
- Food and Beverage
- Chemical Industry
- Oil and Gas
Temperature
- Hot Insulation
- Cold Insulation
Frequently Asked Questions
The South Korea Pipe Insulation Market is segmented based on Segmentation Material Type,Product Type,Application,Temperature.
South Korea Pipe Insulation Market was valued at USD 72.45(Revenue in USD Million) in 2019.
South Korea Pipe Insulation Market is projected to grow at a CAGR of 9.62% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Pipe Insulation Market for final year is USD 111.79 (USD Million).
South Korea Pipe Insulation Market Company Profiling
Frequently Asked Questions
The South Korea Pipe Insulation Market is segmented based on Segmentation Material Type,Product Type,Application,Temperature.
South Korea Pipe Insulation Market was valued at USD 72.45(Revenue in USD Million) in 2019.
South Korea Pipe Insulation Market is projected to grow at a CAGR of 9.62% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Pipe Insulation Market for final year is USD 111.79 (USD Million).
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