Geography Level: Test


Mechanical Insulation 5-Year Forecast

IIR's Mechanical Insulation market forecast enables end-users to identify the size, location and timing of spending and investments on a range of Mechanical Insulation products and services across multiple industry sectors and geographies. Our forecasts estimate spending related to capital investments and maintenance projects being undertaken and planned going forward. Our forecasts are based on a combination of actual projects being tracked globally, all of which are updated daily, and our proprietary Factoring methodology. This provides end-users with a unique bottom-up assessment of the current, 5YR future and 5YR historical demand and spending for a given range of industrial equipment and services.

Types of Insulation Services included in this Forecast:
  • Material of Products: Cellular (Pipe, Foam), Fibrous (Pipe, Blanket, Board), Granular (Pipe, Block), Cellular Glass, Elastomeric, Fiberglass, Mineral Wool, Polyethylene, Polyisocyanurate, Polystyrene.
  • Pipe & Tubing Insulation (application for pipe 3/8" to 14" diameter tube and pipe; insulation ½" to 5" thickness).
  • Insulating Fitting Covers and Jacketing, molded halves, mitered segments, cement and wrappings
  • Fabricated Board for pipe and tank insulation, heated pipe, ducts and equipment such as turbine housings, industrial AC/Heating equipment, and process equipment.
  • Duct Wrap "Wrap-around" and "Pre-formed Duct" utilized for heat barriers and acoustical control, rectangular, round and oval ducts.
Spending Analysis Provided:
  • The forecast is available by different geographical levels including, Market Region, Country, State, County or zip code. Existing forecasts can be expanded or customized to cater for your specific geographical focus on request.
  • Two subscription types are available:
    • Standard - this factors demand and spending at the Industry level and by Capital and Maintenance projects and activity.
    • Enhanced - this forecast breaks out spending at the individual Sector level within each target industry. It also breaks out Capital spending by Grassroot, Expansions/Unit Additions and Other In-Plant Capital related projects.
Industries Covered in this Forecast:
Electric Power
Alternative Fuels
Chemical Processing (CPI)
Pulp, Paper & Wood
Industrial Manufacturing
Petroleum Refining (HPI)
Metals & Minerals
Food & Beverage
Pharmaceutical & Biotech

The forecast can be revised for any of the 12 Industries that IIR covers as well as additional Sector break outs available via the Enhanced Forecast version.

Additional Related Analytics Available:

The forecast can also be cross-modeled with IIR's Labor Analytics products. These forecasts size the trends in supply and demand and wage rates across a range craft labor types including Insulation.


Delivered via IIR's online Forecast Analyzer, which is an online environment that allows you to query data, export statistics and download graphs dynamically generated from your query results. The forecast can also be delivered via PowerBI visualization tools.

Update Frequency:

IIR forecasts are updated quarterly. This ensures all forecasts are kept current and up-to-date to reflects the continuous shifts and changes in the underlying projects and plant data that IIR is researching, tracking and monitoring globally.

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