Pre-insulated pipes are layered pipes, which consist of a carrier pipe, insulation layer, and outer casing/jacketing. These layers are made using different raw materials which depend on the end-use industry for which these are required. Traditionally, pre-insulated pipes are used in order to enable energy conservation by preventing energy loss to the environment, which boosts cost savings. Energy loss is prevented by using effective insulation materials and providing appropriate jacketing to the carrier pipe. The most common end-use industries of pre-insulated pipes are district heating & cooling, oil & gas, infrastructure & utility, food processing, pharmaceutical, chemical, water treatment and wineries. __________ 1. Micromarkets are defined as the further segments and subsegments of the pre-insulated pipes market included in the report. 2. Core competencies of companies are captured in terms of their key developments and key strategies adopted by them to sustain their positions in the market.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.