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Vacuum Insulated Pipe Market Share

Report ID: GMI4446
Published Date: Feb 2023
Report Format: PDF

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Vacuum Insulated Pipe Market Share

Some major companies operating in the vacuum insulated pipe market are

Vacuum Barrier Corporation
Cryofab
Demaco
Cryoworld
CRYOSPAIN
Cryo Anlagenbau GmbH
BRUGG GROUP
Cryogas Equipment Pvt. Ltd.
Schwanner GmbH
Maxcon Industries Pty. Ltd.

These firms are making investments in non-organic growth projects including partnerships, acquisitions, and mergers to strengthen their market position. In December 2022, Chart Industries collaborated with Raven SR to store, transport, and liquefy hydrogen in conjunction with the creation of pure carbon dioxide from Raven's non-combustion Steam and CO2 reformation process to transform waste into renewable fuel. This provision will improve Raven's ability to offer CO2 and hydrogen as a product.

Authors: Ankit Gupta, Abhishek chopra

Frequently Asked Questions (FAQ) :

The vacuum-insulated pipe market size crossed USD 1.2 billion in 2023 and is predicted to register at over 5.1% grains through 2032, owing to the massive investments in the development of gas-based power generation plants globally.

The cryogenic segment garnered over USD 400 million in revenues in 2022, backed by the increasing natural gas imports to and from gulf countries.

The Europe market is set to witness over 5% CAGR through 2032 due to the growing number of government's urban development programs promoting the shift towards sustainable resources.

Vacuum Barrier Corporation, Cryofab, Demaco, Cryoworld, CRYOSPAIN, Cryo Anlagenbau GmbH, BRUGG GROUP, Cryogas Equipment Pvt. Ltd., Schwanner GmbH, and the Maxcon Industries Pty. Ltd. are some of the major enterprises operating in the industry.