The global industrial insulation market size is projected to reach USD 3.0 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 5.0% during the forecast period. The growing demand for industrial insulation is due to increasing industrial, construction, and infrastructure activities in APAC, the Middle East & Africa, and South America, and growing demand for energy conservation and process optimization are driving the industrial insulation market.
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