The MEA industrial insulation market is expected to grow from US$ 636.00 million in 2022 to US$ 778.50 million by 2028. It is estimated to grow at a CAGR of 3.4% from 2022 to 2028.

Increased Infrastructural Spending in Emerging Economies

With increase construction activities across the region, the demand for industrial insulation is increasing, industrial insulation in infrastructures help in protection from heat, fire, and corrosion. Industrial Insulation products when used in buildings deliver superior performance, which includes air sealing, moisture control, and thermal insulation. In commercial buildings saving on energy and operating costs is crucial, and foam insulation is widely used in infrastructures it is efficient and economical. Industrial facilities and commercial buildings have unique needs when compared to single family or multi-unit residences. These large buildings have energy and utility demands and all of them can affect economic viability of building, in this case industrial insulation helps in reducing operating costs. Infrastructure spending is growing significantly over the coming decade. Development of megacities is shifting economic and demographic trends which will create enormous need for new infrastructure. Increasing focus on inclusive and sustainable industrialization with innovative infrastructure is unleashing dynamic and competitive opportunities for industrial insulation. Further, infrastructural development in economies is expected to boost the industrial activities, and this has surged the consumption of industrial insulation. An increase in spending and industrial activities are thus expected to provide major opportunities for the growth of industrial insulation market across the region.

Market Overview

The MEA industrial insulation market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The market in the region is driven by increasing demand for industrial insulation products from various sectors, including power generation and chemical & petrochemical. According to the findings of DNV GL’s Energy Transition Outlook 2018, electricity demand in Middle East will triple by 2050, accelerating the growth of renewable energy and triggering the diversification of economies away from fossil fuels. According to the same report, primary energy consumption will continue to grow moderately, and this growth will be driven by manufacturing, buildings, and transport. Thus, the increasing power requirements of the region are expected to propel the demand for industrial insulation products in the coming years. Further, the MEA will remain a major focus of petrochemicals development.

MEA Industrial Insulation Market Revenue and Forecast to 2028 (US$ Million)

MEA Industrial Insulation Market Segmentation

The MEA industrial insulation market is segmented based on raw material, product, end user, and country.

Based on raw material, the MEA industrial insulation market is segmented into wool, foams, fibres, and others. The foams segment held the largest market share in 2022. Based on product, the MEA industrial insulation market is segmented into pipe, board, blanket, and others. The pipe segment held the largest market share in 2022. Based on end user, the MEA industrial insulation market is segmented into power generation, chemical and petrochemical, cement, food and beverage, and others. The power generation segment held the largest market share in 2022. Based on country, the MEA industrial insulation market has been categorized into the UAE, Saudi Arabia, South Africa, and rest of MEA. Our regional analysis states that Saudi Arabia dominated the market share in 2022. Aspen Aerogels Inc., Cabot Corporation, Johns Manville, Kingspan Group, Knauf Insulation, ROCKWOOL A/S, and Saint Gobain S.A. are the leading companies operating in the MEA industrial insulation market.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Industrial Insulation Market, by Raw Material
1.3.2 MEA Industrial Insulation Market, by Product
1.3.3 MEA Industrial Insulation Market, by End User
1.3.4 MEA Industrial Insulation Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. MEA Industrial Insulation Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Expert Opinion
5. MEA Industrial Insulation Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from Power Generation Sector
5.1.2 Strict Regulation Mandating the Use of Insulation Materials for Energy Conservation
5.2 Market Restraints
5.2.1 High Capital Cost and Lack of Skilled Labor for Installation
5.3 Market Opportunities
5.3.1 Increased Infrastructural Spending in Emerging Economies
5.4 Future Trends
5.4.1 Development of New Products with Latest Technology
5.5 Impact Analysis
6. Industrial Insulation Market – MEA Analysis
6.1 MEA Industrial Insulation Market Overview
7. MEA Industrial Insulation Market Analysis – By Raw Material
7.1 Overview
7.2 MEA Industrial Insulation Market, By Raw Material (2021 and 2028)
7.3 Wool
7.3.1 Overview
7.3.2 Wool: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Foams
7.4.1 Overview
7.4.2 Foams: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fibres and Others
7.5.1 Overview
7.5.2 Fibres and Others: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
8. MEA Industrial Insulation Market Analysis – By Product
8.1 Overview
8.2 MEA Industrial Insulation Market, By Product (2021 and 2028)
8.3 Pipe
8.3.1 Overview
8.3.2 Pipe: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Board
8.4.1 Overview
8.4.2 Board: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Blanket
8.5.1 Overview
8.5.2 Blanket: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
9. MEA Industrial Insulation Market Analysis – By End User
9.1 Overview
9.2 MEA Industrial Insulation Market, By End User (2021 and 2028)
9.3 Power Generation
9.3.1 Overview
9.3.2 Power Generation: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Chemical and Petrochemical
9.4.1 Overview
9.4.2 Chemical and Petrochemical: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Cement
9.5.1 Overview
9.5.2 Cement: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Food and Beverage
9.6.1 Overview
9.6.2 Food and Beverage: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
10. MEA Industrial Insulation Market – Country Analysis
10.1 Overview
10.1.1 MEA: Industrial Insulation Market, by Key Country
10.1.1.1 South Africa: Industrial Insulation Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Industrial Insulation Market, by Raw Material
10.1.1.1.2 South Africa: Industrial Insulation Market, by Product
10.1.1.1.3 South Africa: Industrial Insulation Market, by End-User
10.1.1.2 Saudi Arabia: Industrial Insulation Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Industrial Insulation Market, by Raw Material
10.1.1.2.2 Saudi Arabia: Industrial Insulation Market, by Product
10.1.1.2.3 Saudi Arabia: Industrial Insulation Market, by End-User
10.1.1.3 UAE: Industrial Insulation Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Industrial Insulation Market, by Raw Material
10.1.1.3.2 UAE: Industrial Insulation Market, by Product
10.1.1.3.3 UAE: Industrial Insulation Market, by End-User
10.1.1.4 Rest of the MEA: Industrial Insulation Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of the MEA: Industrial Insulation Market, by Raw Material
10.1.1.4.2 Rest of the MEA: Industrial Insulation Market, by Product
10.1.1.4.3 Rest of the MEA: Industrial Insulation Market, by End-User
11. Industry Landscape
11.1 Overview
11.2 Strategy and Business Planning
11.3 New Product Development
11.4 Expansion
11.5 Mergers and Acquisitions
12. COMPANY PROFILES
12.1 Saint Gobain S.A.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Knauf Insulation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kingspan Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cabot Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Johns Manville
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Aspen Aerogels Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ROCKWOOL A/S
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms

LIST OF TABLES
Table 1. MEA Industrial Insulation Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Industrial Insulation Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Industrial Insulation Market, by Product– Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Industrial Insulation Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Industrial Insulation Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Industrial Insulation Market, by Product– Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Industrial Insulation Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Industrial Insulation Market, by Raw Material– Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE Industrial Insulation Market, by Product– Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Industrial Insulation Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of the MEA Industrial Insulation Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of the MEA Industrial Insulation Market, by Product– Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of the MEA Industrial Insulation Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms

LIST OF FIGURES
Figure 1. MEA Industrial Insulation Market Segmentation
Figure 2. MEA Industrial Insulation Market Segmentation – By Country
Figure 3. MEA Industrial Insulation Market Overview
Figure 4. MEA Industrial Insulation Market, By Raw Material
Figure 5. MEA Industrial Insulation Market, by Country
Figure 6. MEA: PEST Analysis
Figure 7. Expert Opinion
Figure 8. MEA Industrial Insulation Market Impact Analysis of Drivers and Restraints
Figure 9. MEA Industrial Insulation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. MEA Industrial Insulation Market Revenue Share, By Raw Material (2021 and 2028)
Figure 11. MEA Wool: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. MEA Foams: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. MEA Fibers and Others: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. MEA Industrial Insulation Market Revenue Share, By Product (2021 and 2028)
Figure 15. MEA Pipe: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. MEA Board: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. MEA Blanket: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. MEA Others: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. MEA Industrial Insulation Market Revenue Share, By End User (2021 and 2028)
Figure 20. MEA Power Generation: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. MEA Chemical and Petrochemical: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. MEA Cement: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. MEA Food and Beverage: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. MEA Others: Industrial Insulation Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. MEA: Industrial Insulations Market, by Key Country – Revenue (2021) (US$ ‘Million)
Figure 26. MEA: Industrial Insulation Market Revenue Share, By Key Country (2021 And 2028)
Figure 27. South Africa: Industrial Insulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Industrial Insulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. UAE: Industrial Insulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of the MEA: Industrial Insulation Market –Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA industrial insulation market.
● Highlights key business priorities to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the MEA industrial insulation market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the industrial insulation market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

● Aspen Aerogels Inc
● Cabot Corporation
● Johns Manville
● Kingspan Group
● Knauf Insulation
● ROCKWOOL A/S
● Saint Gobain S.A.