Large Bore Vacuum Insulated Pipe Market Size & Share, by Application (Cryogenic, Aerospace, Chemical); Installation (Above ground, Underground, Under sea) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5600
  • Published Date: Feb 05, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Large Bore Vacuum Insulated Pipe Market is expected to reach USD 157 Million by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of large bore vacuum insulated pipe was over USD 70 Million. The market is growing due to the increasing demand for energy-efficient and sustainable solutions across industries. Large bore Vacuum Insulated Pipe addresses critical needs in sectors such as liquefied natural gas (LNG) transport, cryogenic applications, and industrial processes, offering superior insulation to minimize heat transfer. Market dynamics in 2025 and 2026 are expected to be influenced by an increase in the amount of new LNG capacity coming on stream, which is expected to ease some of the tightness and unlock price sensitive demand. Between 2022 and 2026, global LNG capacity is expected to grow by 25%. The increase in LNG supply signals a shift to a more globalized gas market that will improve resilience and the ability of suppliers and consumers to react to supply shocks as well as demands. As industries worldwide prioritize energy conservation, environmental sustainability, and advanced insulation technologies, the large Bore Vacuum Insulated Pipe market experiences significant growth. The pipe's ability to enhance operational efficiency, and safety, and meet stringent regulatory standards positions them as a vital component in the broader shift toward greener and more efficient industrial practices.

Additionally, the expanding use of industrial gases in various applications, including manufacturing and healthcare, drives the need for large bore vacuum insulated pipes for their efficient and safe transportation. It was observed by Research Nester Analysts, that, between 2022 and 2026, world gas demand is projected to increase on average by 1.6% per year. These pipes play a vital in maintaining the integrity and temperature of industrial gases during transit.

Large Bore Vacuum Insulated Pipe Market
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Large Bore Vacuum Insulated Pipe Sector: Growth Drivers and Challenges

Growth Drivers

  • Increased Focus on Cold Chain Logistics- The growth of cold chain logistics, driven by the increasing demand for temperature-sensitive goods such as pharmaceuticals and perishable food items, boosts the need for large Bore Vacuum Insulated Pipes. These pipes play a crucial role in maintaining the required temperature during the transportation of goods in the cold chain. As per statistics, the global capacity of refrigerated warehouses increased at an accelerated rate due to the coronavirus pandemic, reaching 719 million cubic meters in 2020.
  • Demand for Sustainable Industrial Practices- growing awareness and demand for sustainable industrial practices encourage the adoption of large Bore Vacuum Insulated Pipes, which helps industries reduce energy consumption and greenhouse gas emissions. The pipe’s insulation properties contribute to sustainable and efficient energy usage in various applications.
  • Technological Advancements- Ongoing technological advancements in the design and manufacturing of Large Bore Vacuum Insulated Pipes contribute to improved performance and durability. Innovations in materials and insulation technologies enhance the pipe’s thermal efficiency, making them more attractive to a broad range of industries.
  • Infrastructure Development in the Healthcare Sector – The growth of healthcare infrastructure, particularly in the development of medical gas supply systems, increases the demand for large Bore Vacuum Insulated pipes. These pipes ensure the secure and temperature-controlled delivery of medical gases, supporting the expansion of healthcare facilities.


  • Complex Installation and Maintenance- Large Bore Vacuum Insulated Pipe system often requires specialized installation and maintenance procedures. The complexity of handling and installing these large-diameter pipes, along with the need for precision in maintenance, can increase labor costs and pose challenges for industries with limited expertise.
  • High cost involved in installation and maintenance of these pipes stall the market growth.
  • Large Bore Vacuum Insulated Pipe components are often bulky and heavy, making transportation and handling challenging

Large Bore Vacuum Insulated Pipe Market: Key Insights

Base Year


Forecast Year



~ 7%

Base Year Market Size (2023)

~ USD 70 Million

Forecast Year Market Size (2036)

~ USD 157 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Large Bore Vacuum Insulated Pipe Segmentation

Application (Cryogenic, Aerospace, Chemical)

The cryogenic segment is anticipated to hold 48% share of the global large bore vacuum insulated pipe market by 2036. The segment’s dominance is driven by the crucial role of large bore vacuum insulated pipes in cryogenic processes, including the storage and transport of liquefied natural gas (LNG) and other low-temperature substances. The superior insulation properties of large bore vacuum insulated pipe ensure the maintenance of ultra-low temperatures essential for cryogenic applications. As the demand for LNG and cryogenic gases continues to rise globally, the cryogenic segment holds the largest market share, reflecting the pivotal role of large bore vacuum insulated pipe in supporting the expanding cryogenic industry. As observed by Research Nester analyts, the cryogenic equipment sector is estimated to garnered a revenue of around USD 16 billion by 2028, this opens up prospects for the market.

Installation (Above ground, Under ground, Under sea)

Above ground segment in the large bore vacuum insulated pipe market is estimated to garner the majority of the revenue share over the forecast period. This is primarily due to the ease of accessibility and installation, making it a cost-effective choice for various applications. Above ground installations provide flexibility, simplifying maintenance and inspection processes. Additionally, this segment is favored for its adaptability to diverse industrial settings, where the convenience of above ground installations often outweighs the complexities associated with underground or undersea installations, contributing to its dominance in the market share.

Our in-depth analysis of the global market includes the following segments: 


  • Cryogenic
  • Aerospace
  • Chemical


  • Above ground
  • Under ground
  • Under sea

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Large Bore Vacuum Insulated Pipe Industry - Regional Synopsis

European Market Forecast

Europe large bore vacuum insulated pipe market is set to hold 35% of the revenue share during the forecast period. The region’s commitment to energy efficiency and sustainability is driving the market’s growth. The adoption of large bore vacuum insulated pipe is prominent in applications such as LNG transport, industrial manufacturing, and healthcare, where maintaining precise temperature conditions is crucial. Currently, 29 operational largescale LNG import terminals are located in Europe, of which the majority are largescale onshore facilities. European nations are investing in advanced cryogenic technologies, contributing to the expanding demand for large bore vacuum insulated pipe systems. Regulatory emphasis on safety standards and environmental considerations is influencing the market dynamics. Challenges include the high initial costs and the need for compliance with stringent regulations. Despite such hurdles, the European market is poised for continuous expansion as industries prioritize eco-friendly and energy-efficient solutions, making large bore vacuum insulated pipe an integral component of Europe’s efforts towards a greener and technologically advanced industrial landscape.

North American Market Statistics

North American Large Bore Vacuum Insulated Pipe market is experiencing significant growth, driven by the region’s expanding applications in the energy, industrial, and healthcare sectors. The widespread adoption of liquefied natural gas (LNG) and the burgeoning interest in cryogenic applications contribute to the increased demand for large bore vacuum insulated pipe. The United States and Canada, in particular, are witnessing a surge in infrastructure development, emphasizing the need for efficient and insulated transport of gases and liquids. The market is further influenced by advancements in energy projects, such as the expansion of LNG export terminals. However, challenges persist in terms of regulatory compliance, high initial costs, and the need for specialized installation expertise.  Despite these challenges, the region's industrial growth, energy transition programs, and developments in cryogenic technologies are expected to propel the North American Large Bore VIP market's future expansion.

Research Nester
Large Bore Vacuum Insulated Pipe Market size
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Companies Dominating the Large Bore Vacuum Insulated Pipe Landscape

    • InTech GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Demaco Holland B.V.
    •  Butting CryoTech GmbH
    • TMK
    • Maxcon Industries Pty. Ltd. 
    • Cryoworld B.V.
    • Perma-Pipe International Holdings Inc.
    • Cryogas Equipment Private Limited.
    • PHPK Technologies

In the News

  • The construction of 2000 meters of vacuum-insulated pipe with a maximum diameter of DN 350 for an LNG bunkering project in Sweden was won by Cryospain.
  • The General Authority for Competition of the Kingdom of Saudi Arabia granted Perma-Pipe International Holdings, Inc. permission to form the previously announced joint venture with Gulf Insulation Group in order to offer pre-insulated piping systems, piping fabrication, internal and external fusion-bonded epoxy, three-layer coating services, and leak detection systems to clients in Kuwait and Bahrain in addition to the Kingdom of Saudi Arabia.

Author Credits:  Richa Gupta

  • Report ID: 5600
  • Published Date: Feb 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising demand in cryogenic applications, growing LNG industry, energy efficiency concerns, expansion of industrial gas applications, and infrastructure development in the healthcare sector are some of the major growth drivers in the large bore vacuum insulated market.

The market size of large bore vacuum insulated is anticipated to attain a CAGR of 7 % over the forecast period, i.e., 2024-2036.

The major players in the market are InTech GmbH, CRYOSPAIN, Demaco Holland B.V., Butting CryoTech GmbH, TMK, Maxcon Industries Pty. Ltd., Cryoworld B.V., Perma-Pipe International Holdings Inc., Cryogas Equipment Private Limited., PHPK Technologies, and others.

The cryogenic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the European region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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