$6.8 Billion Worldwide Pre-Insulated Pipes Industry to 2027 - Impact of COVID-19 on the Market

By PRNewswire8 days ago

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DUBLIN, April 8, 2021 /PRNewswire/ -- The “Pre-Insulated Pipes - Global Market Trajectory & Analytics“ report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Pre-Insulated Pipes estimated at US$ 6.8 Billion in the year 2020, is projected to reach a revised size of US$ 12.1 Billion by 2027, growing at a CAGR of 8.5% over the period 2020-2027.

Below Ground, one of the segments analyzed in the report, is projected to record 9.2% CAGR and reach US$ 7.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Above Ground segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

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