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Large Bore Vacuum Insulated Pipe Market Size – By Installation, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

  • Report ID: GMI5340
  • Published Date: Dec 2024
  • Report Format: PDF

Large Bore Vacuum Insulated Pipe Market Size

The global large bore vacuum insulated pipe market was valued at USD 79.7 million in 2024 and is estimated to grow at a CAGR of 7% from 2025 to 2034. The integration of advanced materials to enhance thermal efficiency and reduce heat ingress, alongside the adoption of environmentally friendly manufacturing processes will shape the market outlook. The rising focus on energy-efficient transportation and storage of cryogenic liquids will boost the adoption, particularly in LNG infrastructure projects. Additionally, the market is benefiting from increased investments in space exploration and biotechnology, which require robust vacuum insulation technologies to maintain precise thermal conditions.
 

Large Bore Vacuum Insulated Pipe Market

A large bore vacuum insulated pipe is a specialized pipe designed for the efficient transportation of cryogenic liquids such as liquid natural gas (LNG), liquid hydrogen, or liquid oxygen. The "large bore" refers to pipes with a larger internal diameter, typically used for industrial-scale applications requiring high-volume flow rates. Furthermore, the push toward decarbonization and the adoption of hydrogen-based energy systems also present new opportunities for VIP manufacturers, especially for large bore pipes suited for industrial-scale projects.
 

Large Bore Vacuum Insulated Pipe Market Trends

Ongoing advancements including smart systems equipped with sensors and IoT integration are becoming increasingly popular, enabling real-time monitoring of insulation performance, detecting leaks, and optimizing operational efficiency. Moreover, the adoption of modular construction techniques will boost the installation of these systems in large-scale projects, reducing costs and timelines. The rising use of composite materials, which offer higher durability and lighter weight compared to traditional materials will further enhance the adaptability of these pipes in emerging applications including offshore energy platforms and advanced aerospace systems.
 

Large Bore Vacuum Insulated Pipe Market Analysis

Large Bore Vacuum Insulated Pipe Market Size, By Installation, 2022 - 2034 (USD Million)

The above-ground installation of large bore vacuum insulated pipe industry will exceed USD 120 million by 2034. The increasing number of integrated gasification combined cycle (IGCC) projects and advanced technology combines electricity generation with the production of purified gas, offering enhanced efficiency and environmental benefits. Additionally, continuous innovations in containment technology have led to significant improvements in vacuum-insulated piping systems, enabling more sophisticated designs for the efficient transport of cryogenic liquids.
 

Large Bore Vacuum Insulated Pipe Market Revenue Share, By Application, 2024

The cryogenic application of large bore vacuum insulated pipe market size will witness a growth rate of over 7% through 2034. Advancements in the exploration and production of oil and gas resources to address the growing demand-supply gap have opened lucrative opportunities for industry stakeholders. Furthermore, the increasing global trade of cryogenic liquids, including helium, hydrogen, LNG, and nitrogen, will foster market growth. The industry will also witness a notable shift toward natural gas-based power facilities, reflecting a broader transition to a gas-oriented economy.
 

U.S. Large Bore Vacuum Insulated Pipe Market Size, 2022- 2034 (USD Million)

U.S. large bore vacuum insulated pipe market is set to reach over USD 20 million by 2034. The rising demand for energy-efficient cryogenic systems across multiple industries along with a growing focus toward advanced materials to enhance thermal efficiency for transporting cryogenic fluids will shape the industry landscape. Ongoing innovations in industrial processes and LNG infrastructure projects with high thermal efficiency will foster the growth for product landscape.
 

Strict policies focused on energy security, combined with the expanding LNG trade across Europe, will drive market growth. The region’s commitment on transitioning toward a greener economy, coupled with strict regulations on energy efficiency, will further propel the adoption of advanced insulation systems for cryogenic fluids including LNG, hydrogen, and liquid nitrogen. Furthermore, collaborative efforts among manufacturers to develop modular and customized solutions are also enhancing the competitiveness of the market.
 

Large Bore Vacuum Insulated Pipe Market Share

Large Bore Vacuum Insulated Pipe Company Market Share Analysis, 2024

The large bore vacuum insulated pipe industry is increasingly competitive, with established manufacturers and emerging players striving for market share in a dynamic environment. Leading companies are focusing on technological innovations to improve thermal efficiency and durability, addressing the growing demand for advanced cryogenic transport solutions. Market expansion is propelled by the rising adoption of energy-efficient systems in industries like LNG, hydrogen, and industrial gases, alongside increasing investments in decarbonization projects.
 

Large Bore Vacuum Insulated Pipe Market Companies

Major players operating in the large bore vacuum insulated pipe industry are:

  • Ability Engineering Technology, Inc.
  • Cryogas Equipment Pvt. Ltd.
  • CRYOSPAIN
  • Cryoworld
  • Demaco
  • INTECH GmbH
  • Maxcon Industries Pty. Ltd
  • PERMA-PIPE International Holdings, Inc.
  • Schwanner GmbH
  • TMK
     

Large Bore Vacuum Insulated Pipe Industry News

  • In February 2023, Cryospain announced its involvement in a major project in Rotterdam, where it designed, manufactured, and supplied vacuum-insulated piping systems for liquid hydrogen applications. These systems facilitate the safe transportation and distribution of hydrogen, with applications including filling tank trucks for end consumers. This project aligns with the company’s focus on advancing cryogenic technologies to support the global energy transition.
     
  • In July 2024, Demaco joined OPW Clean Energy Solutions, marking a significant step in its journey to advance cryogenic and hydrogen technologies globally. As a leader in vacuum-jacketed piping and cryogenic systems, Demaco will leverage OPW's scale to enhance innovation and expand its offerings. This collaboration strengthens Demaco’s mission to deliver innovative solutions for the clean energy and industrial gas markets, aligning with growing global demand.
     

This large bore vacuum insulated pipe market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (km) & revenue (USD Million) from 2021 to 2034, for the following segments:

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Market, By Installation

  • Above Ground
  • Under Ground
  • Under Sea

Market, By Application

  • Cryogenic
  • Aerospace
  • Chemical
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Russia
    • Norway
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Malaysia
    • Australia
  • Middle East & Africa
    • Kuwait
    • Oman
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
  • Latin America
    • Brazil
    • Argentina

 

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The global market for large bore vacuum insulated pipe was reached USD 79.7 million in 2024 and is projected to grow at a 7% CAGR from 2025 to 2034, driven by the rising focus on energy-efficient transportation and storage of cryogenic liquids.

The above-ground installation segment is expected to exceed USD 120 million by 2034, supported by the increasing number of integrated gasification combined cycle (IGCC) projects that enhance efficiency and environmental benefits.

The cryogenic application segment is anticipated to grow at over 7% through 2034, fueled by advancements in oil and gas exploration and the growing global trade of cryogenic liquids like LNG, helium, and hydrogen.

The U.S. market is set to surpass USD 20 million by 2034, led by the demand for energy-efficient cryogenic systems and innovations in LNG infrastructure projects with high thermal efficiency.

Key players include Ability Engineering Technology, Inc., Cryogas Equipment Pvt. Ltd., CRYOSPAIN, Cryoworld, Demaco, INTECH GmbH, Maxcon Industries Pty. Ltd, PERMA-PIPE International Holdings, Inc., Schwanner GmbH, and TMK.

Large Bore Vacuum Insulated Pipe Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 10
  • Tables & Figures: 20
  • Countries covered: 26
  • Pages: 100
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