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Vacuum Insulated Pipe Market Share

Report ID: GMI4446
Published Date: Dec 2024
Report Format: PDF

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Vacuum Insulated Pipe Market Share

The vacuum insulated pipe industry is highly competitive, with established manufacturers and emerging players vying for market share in a dynamic environment. Leading companies are prioritizing technological innovations, producing advanced VIP systems that ensure superior thermal insulation and efficiency. Market growth is fueled by increasing demand for energy-efficient cryogenic solutions across industries such as energy, healthcare, and chemicals, alongside stringent environmental regulations, and the expanding use of liquefied gases like LNG and hydrogen in transportation and industrial applications.

Vacuum Insulated Pipe Market Companies

Major players operating in the vacuum insulated pipe industry are:

Ability Engineering Technology
Air Liquide Healthcare
Brugg Pipes
Butting CryoTech
Chart Industries
Cryo Anlagenbau
Cryofab
Cryogas Equipment
Cryospain
Cryoworld
Demaco
Maxcon Industries
Perma-Pipe International Holdings
Shell-n-Tube
SPS Cryogenics
Thames Cryogenics
Vacree Technologies
Vacuum Barrier Corporation

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The global market for vacuum insulated pipe was reached USD 1.2 billion in 2024 and is estimated to grow at a 5.1% CAGR from 2025 to 2034, driven by increased private sector involvement in infrastructure development and rapid industrialization.

The cryogenic vacuum insulated pipe market is expected to grow at a rate exceeding 4.5% through 2034, fueled by the expansion of LNG-powered trucks and railways.

The U.S. vacuum insulated pipe market is projected to exceed USD 300 million by 2034, propelled by ongoing expansion in industries such as aerospace, medical, and food processing, along with a strong focus on reducing greenhouse gas emissions.

Key players in the vacuum insulated pipe industry include Ability Engineering Technology, Air Liquide Healthcare, Brugg Pipes, Butting CryoTech, Chart Industries, Cryo Anlagenbau, Cryofab, Cryogas Equipment, Cryospain, Cryoworld, Demaco, Maxcon Industries, Perma-Pipe International Holdings, Shell-n-Tube, SPS Cryogenics, Thames Cryogenics, Vacree Technologies, and Vacuum Barrier Corporation.