CCRA Market Statistics – Fibreglass Pipe Insulation
Using CCRA market statistics for fibreglass pipe insulation, you can calculate the capacity utilization performance of U.S. exporters. This article will discuss the factors that affect capacity utilization, as well as the performance of U.S. producers exporting fibreglass pipe insulation. The main factors that determine capacity utilization are production capacity and actual production, according to the CCRA market statistics for fibreglass pipe insulation. We will also analyze the competitiveness of U.S. exporters by industry.
CCRA market statistics for fibreglass pipe insulation
Canadian construction firms use CCRA to track market trends. The company publishes Apparent Canadian Market – Volume Detail, which outlines the total import volume of jacketed pipe insulation from the United States and other countries. The report does not detail total production capacity, however, as this information might reveal confidential sales data. However, the table below shows that Canada accounts for a significant share of the total imported volume of jacketed pipe insulation, particularly those produced by Manson.
The region that dominated the market in 2016 is expected to remain dominant for the next five years, with over 30% of global revenue generated by this region by 2021. This is likely to be driven by increasing investments in the chemical processing sector, as well as by rising demand in the oil and gas industry and the growing capacity of LNG regasification plants. In Brazil, the chemical industry holds a prominent position in the manufacturing sector, but stagnant economic conditions have adversely affected overall investments in the manufacturing sector and, therefore, the demand for pipe insulation. Further, the recent pandemic is expected to affect the economic recovery in the country, and thus, negatively impact the demand for pipe insulation.
The application ranges from 0degF to 1000degF. Fibreglass pipe insulation is particularly suitable for applications such as high-temperature duct systems and large piping. Some of the primary drivers for the industrial pipe insulation market are increasing industrialization and the replacement of outdated temperature control solutions. In addition, CCRA also published the revised expiry review schedule, which shows the growth rate of the market.
Industrial applications led the market in 2017, followed by building & construction and oil. Oil pipelines are one of the most common uses of pipe insulation, and strict energy-efficiency norms are likely to drive the market in the future. Sustainable buildings are another primary factor driving market growth. There is a large demand for pipe insulation in Asia Pacific. APAC will lead the market with the highest growth rate over the next five years.
United States exporters’ capacity utilization performance
The likely export performance of United States producers of fibreglass pipe insulation is influenced by their production and capacity utilization performance. Canada is the largest export market for this product and its comparatively high capacity utilization makes it more attractive for United States exporters. In the absence of an Order, these producers are likely to cut their selling prices in order to maintain their capacity utilization. However, this is not a sure-fire way to increase profits.
During POR, the United States accounted for 93% of total sales. Sales in the United States increased by 8% from 2000 to 2001 and decreased by 3% in 2002. Exports to Canada accounted for 7% of total sales. During the period under review, exports to Canada increased by 14% between 2000 and 2001 and decreased by 7% in 2002. However, the CCRA takes into account this information and finds that there are no indications that the market situation in Canada will change significantly.
To assess the capacity utilization performance of Fibreglass pipe insulation exporters, it is necessary to understand their physical properties. Knowledge of the physical properties of the different materials is essential for selecting the best material. The market for this type of material is highly competitive and is dominated by manufacturers in the Middle East, North America, and Europe. There is also a growing demand for fibreglass pipe insulation in the United States.
However, many countries have begun to recognize the advantages of imported fibreglass pipe insulation. In the United States, manufacturers are more willing to accept foreign insulation materials. End users do not place great importance on where the product is made. As long as it meets the ASTM material specification, it is acceptable to purchase this type of product. A number of exporters offer the same product at lower prices. There are many other benefits.
Production capacity
A research report on the global Fiberglass Pipe Insulation market can provide essential insights about the industry, including its size and share, recent technological developments, and emerging trends. It also analyzes the competitive landscape to identify key factors influencing the market. The report provides an in-depth analysis of the industry, with key information focusing on company profiles, product specifications, production capacity, revenue, price, and gross margin. To gain more insight into the global Fiberglass Pipe Insulation market, read the rest of this report.
Other major suppliers have reduced their product offerings, which means that they do not have the capacity to meet the demand for the entire market. Consequently, they have focused on the pipe insulation sizes most often requested by contractors. Currently, all suppliers are temporarily limiting their output of 1/2-inch pipe insulation. The shortage has affected the entire industry, but some companies are gaining from the situation. While a temporary reduction in output is expected, other suppliers have begun offering other products.
Johns Manville, a global manufacturer of specialty products, is increasing its production capacity of fibreglass pipe insulation. The company plans to invest a substantial amount in its Defiance, OH manufacturing facility to increase its capacity. The first new production lines are expected to be operational in 2020. The project is expected to double the company’s fiberglass pipe insulation output. It will be the largest expansion in the company’s history.
Fiberglass pipe insulation is used in both water heaters and furnaces. It is a self-sealing and pre-slit type. Its unique properties make it an ideal material for insulation applications involving steam, condensate, or hot water. However, it is also necessary to consider the product’s price to ensure that it meets the needs of the customer. The price and availability of fibre glass pipe insulation has increased to a point where distributors are willing to evaluate alternative materials. Nevertheless, these alternatives cannot be considered direct substitutes for fiber glass pipe insulation because they have differences in material costs, physical properties, and thermal and fire performance.
Actual production
To determine the exact size of the market, Fiberglass Pipe Insulation Market (2022) study offers an in-depth analysis of the current and future trends in the fiberglass pipe insulation market. This report provides an overview of the fiberglass pipe insulation market, its application, and segmentation by type and region. It also provides a forecast of the market size and competitive scenario to 2028. The study offers insights into the key players in the industry, their historical growth rates, and market breakdown.
Fiberglass is commonly used in various applications, including automotive engine compartments and submarines. Other uses include body panels and air conditioning units. It can also be used in other applications, including acoustical wall panels and architectural partitions. It is highly resistant to water and moisture intrusion. The material is durable and resistant to abuse, making it an excellent choice for high-temperature pipes. But the main advantage of fiberglass pipe insulation is its durability.
The actual production of fibreglass pipe insulation involves two main processes. The first one, called hand lay-up, involves placing the fibre and resin on a mold. The second method, called spray lay-up, involves spraying the composite material with glass or resin from a chopper gun. Workers then roll the spray-up out to form a compact laminate. Some manufacturers use core material or wood, such as cork. This process is followed by cooling and removal from a reusable mold.
The fibreglass strands are then cured by a peroxide curing system. This process replaces the gas content with a plastic. The composite material demonstrates excellent strength and promises as a structural material. It continues to be referred to as “fiberglass” despite the fact that many glass fibre composites are not glass. The gas content is still present in the low-density version, but the resin-glass mixture has been proven to be superior.
As for the second method, recycled materials are an important consideration for the manufacturing process. While cellulose pipe insulation is commonly made of recycled materials, it is also produced from plastics. Its material composition is high, with an 85% recycled content. Manufacturers also add mineral borate to ensure fire and insect resistance. To ensure a consistent density, the fibreglass should be stable and not easily settling in a cavity.