Global Vacuum Insulated Pipe Market Size, Forecast, and Trend Highlights Over 2025-2037
Vacuum Insulated Pipe Market size was valued at USD 1.23 billion in 2024 and is likely to cross USD 2.38 billion by 2037, expanding at more than 5.2% CAGR during the forecast period, i.e., between 2025 and 2037. In 2025, the industry size of vacuum insulated pipe is estimated at USD 1.28 billion.
The global shift towards cleaner energy sources and government initiatives has led to a surge in investments in liquified natural gas (LNG) facilities. Vacuum insulated pipes (VIP), also known as vacuum jacketed pipes, are widely used for transporting LNG at cryogenic temperatures. These pipes ensure minimal thermal losses and maintain safety standards. This is creating significant opportunities for VIP manufacturers. For instance, in April 2025, NextDecade Corporation announced a 20-year sale and purchase agreement (SPA) with Saudi Arabia’s energy giant Aramco to supply 1.2 million tonnes of LNG from its Rio Grande facility. The project’s initial stage, consisting of 3 liquefication trains, is projected to cost around USD 17 billion, and the first train is expected to be operational by 2027.
Another factor expected to fuel the market growth is the rapid expansion of the food and beverage industry. Liquid nitrogen and liquid carbon nitrogen are widely used in individual quick-freezing systems for seafood, ready-to-eat meals, bakery, and dairy products. Thus, the rising demand for packaged foods, meats, and dairy products is resulting in constant demand for enhanced VIPs. In addition, rising automation in the sector is expected to fuel market growth going ahead. Food and beverage companies are adopting automated cryogenic systems such as cryogenic freezers, injection systems, and tunnel chillers to meet high throughput.
Vacuum Insulated Pipe Sector: Growth Drivers & Challenges
Growth Drivers
- Rising demand for VIPs in the healthcare sector: The healthcare and pharmaceutical sector relies on cryogenic technologies, including VIPs, to transport cryogenic liquids like oxygen and nitrogen, crucial for various medical processes as well as storage. These pipes offer 30-40% better insulation as compared to conventional piping, and the sterile stainless-steel construction helps in clean, non-reactive transport of gases required for medical applications. Companies are introducing new generation VIPs to meet the stringent requirements of healthcare facilities. For instance, in June 2024, Demaco introduced its advanced VIP with enhanced thermal performance. The new VIPs incorporate advanced multi-layered radiation shielding within a high-vacuum environment, reducing all forms of heat transfer.
- Rapid expansion of the semiconductor industry: The rising demand for semiconductors across several industries is a key factor expected to fuel the market for vacuum-insulated pipes by the end of 2037. Countries, including South Korea, Japan, Taiwan, and the U.S., are expanding their manufacturing capacities. This growth necessitates the development of infrastructure capable of handling UHP gases efficiently and safely. The semiconductor fabrication processes rely heavily on UHP gases such as nitrogen, helium, hydrogen, and argon. To maintain the purity of these gases, VIPs help in preventing unwanted chemical reactions and corrosions.
Challenges
- Shortage of raw materials: VIPs rely on high-grade stainless steel for durability and thermal insulation. However, the global supply fluctuations and high demand for VIPs across several sectors can strain availability and increase the overall costs. In addition, high dependency on imported components can cause supply chain fluctuations due to geopolitical tensions, trade policy, and shipping delays.
Vacuum Insulated Pipe Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
5.2% |
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Base Year Market Size (2024) |
USD 1.23 billion |
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Forecast Year Market Size (2037) |
USD 2.38 billion |
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Regional Scope |
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Vacuum Insulated Pipe Segmentation
Product (Standard, Customized)
The customized segment in vacuum insulated pipe market is likely to register robust growth during the forecast period, attributed to rising demand for customized VIPs to safely transport cryogenic gases such as LNG, liquid nitrogen, and oxygen across industries such as healthcare, food processing, electronics, and energy, and the rapid expansion of the LNG sector globally. In addition, increasing investments in biotech labs, hospitals, and pharmaceutical manufacturing has resulted in growing need for highly efficient thermal transfer systems is expected to fuel segment growth going ahead.
Application (Industrial Gas, LNG, Petrochemical Industries)
The LNG segment in vacuum insulated pipe market is poised to hold the highest revenue share of 54% by the end of 2037, owing to the increasing demand for LNG in different sectors and rising trade activities. According to the 2024 World LNG Report released by the International Gas Union, the global trade of LNG increased by 2.1%, reaching 401 million tons (MT). The global market currently connects 20 exporting countries with 51 importing countries. The U.S. was the largest producer and exporter of 84.53 MT in 2023, followed by Australia (79.56 MT), Qatar (78.22 MT), and Russia (31.36 MT).
Our in-depth analysis of the global vacuum insulated pipe market includes the following segments:
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Product |
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End use |
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Application |
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Customize this ReportVacuum Insulated Pipe Industry - Regional Synopsis
APAC Market Analysis
Asia Pacific industry is likely to account for the largest revenue share of 36% by 2037, owing to the increasing investments in hydrogen infrastructure, including production, transportation, and storage, and rapid urbanization in this region. The development of smart cities across the Asia Pacific is driving the need for advanced infrastructure. For instance, as of January 2023, Hangzhou in China had the highest yearly metropolitan population expansion rate among megacities at 5.5 percent. Moreover, increasing advancements in the aerospace and electronics sectors in China, India, and Japan, stringent environmental regulations, and a focus on energy efficiency are expected to drive the APAC market going ahead.
The rapid expansion of LNG infrastructure in India and the shift towards cleaner energy sources is likely to increase the demand for advanced vacuum-insulated pipes in the coming years. Moreover, the rising advancements in the aerospace and healthcare sectors and increasing consumption of packaged and frozen foods in India is expected to fuel market growth during the forecast period.
North America Market Statistics
North America vacuum insulated pipe market is expected to register robust growth by the end of the forecast period, owing to the increasing industrialization and construction-related investment. Industries such as healthcare, aerospace, and food and beverages are relying on cryogenic liquids, including nitrogen, hydrogen, and oxygen. This has resulted in increasing investments in developing advanced insulation materials and design optimization for efficiency and safety. Moreover, the rising adoption of LNG as a cleaner source of energy and rising emphasis on energy efficiency and environmental regulations is expected to fuel the market growth in the region. Approximately 48% of new investment declarations in North America are energy-associated, with USD 140 billion in fresh private capital directed towards clean energy supply chains.
In the U.S, the market is likely to witness rapid growth in the coming years due to the rising expansion of cryogenic applications across several sectors, including food and beverages, aerospace, and healthcare, stringent regulations regarding energy efficiency, and growing investments in developing advanced insulating materials and technologies. Several players in the country are focused on forming strategic alliances to enhance their product base and overall position in the market. For instance, in November 2024, Crane Company, a premier industrial manufacturing and technology firm, acquired Technifab Products, Inc., a leading manufacturer of vacuum-insulated pipe systems and valves for cryogenic applications, for USD 40.5 million.
Companies Dominating the Vacuum Insulated Pipe Landscape
- Va-Q-tec AG
- Company Overview
- Business Planning
- Main Product Offerings
- Financial Execution
- Main Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Chart Industries Inc.
- Cryofab Inc.
- Cryocomp
- Acme Cryogenics Inc.
- Maxcon Industries Pty. Ltd.
- PHPK Technologies
- Cryeng Group Pty Ltd.
- Demaco
- Sempra Infrastructure
The vacuum insulated pipe market is highly competitive, comprising key players operating at global and regional levels. These key players are focused on investing in R&D activities and strategic alliances, such as product launches, mergers and acquisitions, license agreements, and joint ventures, to cater to the rising demand for vacuum-insulated pipes across various industries and emerging applications. Here is a list of key players operating in the global market:
In the News
- In October 2024, ACME Cryogenics announced the addition of XL Bore Vacuum-Jacketed Piping (VJP) to its cryogenics-handling product base. The advanced XL Bore VJP offers better leak prevention and high-volume transfer of LNG, LOX, CO2, LH2, and Helium.
- In December 2023, Cryospain, a leading industrial equipment supplier in Spain, announced the introduction of its vacuum-insulated pipes in Rotterdam as a part of a significant project aimed to support sustainable energy infrastructure. The project involved around 496 meters of vacuum-insulated pipes of different diameters to ensure optimal thermal performance and facilitate on-site installation.
Author Credits: Shweta Patidar
- Report ID: 5492
- Published Date: Apr 28, 2025
- Report Format: PDF, PPT
