Press release
Vacuum Insulated Pipe Market to Hit USD 2.1 Billion by 2035, Driven by Energy Efficiency and Cryogenic Demand
The global vacuum insulated pipe market is poised for significant expansion, rising from an estimated value of USD 1.3 billion in 2025 to USD 2.1 billion by 2035. This growth, representing a compound annual growth rate (CAGR) of 5.1%, reflects increasing demand for efficient thermal insulation in critical industries including energy, oil and gas, chemicals, food storage, healthcare, and cryogenics.Between 2021 and 2025, the market progressed from USD 1.0 billion to USD 1.3 billion, supported by steady adoption across industrial sectors. This early growth phase highlighted the advantages of VIPs over conventional insulation methods, particularly in reducing heat loss and saving space. From 2026 to 2030, the market accelerated, reaching USD 1.9 billion, as industries prioritized lightweight, high-performance, and environmentally sustainable thermal solutions. By 2035, adoption across diverse applications-from LNG transport to district heating-will push the market to USD 2.1 billion, further consolidating the shift toward advanced insulation technologies.
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Why the Market is Expanding
The rising demand for cryogenic storage and transport is a core driver of market growth. Vacuum insulated pipes deliver superior insulation, ensuring gases like LNG, nitrogen, oxygen, and hydrogen remain stable at ultra-low temperatures. Their importance has surged with the expansion of LNG infrastructure, industrial gas production, and healthcare applications requiring safe medical gas transport.
Advancements in design and material engineering are reinforcing the role of VIPs in industries focused on energy efficiency and sustainability. With the hydrogen economy and space exploration projects demanding precise temperature control, VIP adoption is expected to broaden. Regulatory emphasis on energy savings and safety further supports this momentum.
Segment Insights
The standard product segment is expected to dominate in 2025 with 57.6% market share. Standard VIPs are cost-effective, reliable, and versatile, making them attractive to industries seeking scalable, maintenance-friendly solutions. These pipes are essential for industrial gas production, LNG facilities, and healthcare cryogenic systems, where minimizing product losses is critical.
On the application front, cryogenics leads with 29.8% market share in 2025. From energy and aerospace to medical research, cryogenic systems rely on VIPs for maintaining ultra-low temperatures over long distances. As hydrogen projects, liquefied gas storage, and space programs expand, this segment is positioned for sustained growth.
Regional Outlook
China emerges as the fastest-growing market with a CAGR of 6.9%, fueled by large-scale investments in LNG infrastructure, industrial refrigeration, and energy-efficient technologies. India follows closely with a 6.4% CAGR, supported by infrastructure modernization, chemical manufacturing, and government initiatives promoting sustainability.
Europe's markets-including France (5.4% CAGR) and Germany (5.9% CAGR)-are shaped by energy efficiency mandates and increasing adoption of cryogenic systems. The UK (4.8% CAGR) emphasizes sustainability in chemicals and pharmaceuticals, while the USA (4.3% CAGR) drives adoption through its oil, gas, and healthcare industries.
Industry Applications Driving Growth
The piping and tubing sector accounts for 25-30% of VIP demand, underscoring its importance in thermal management for industrial systems. The energy and power sector, contributing 20-25%, uses VIPs extensively in refineries, power plants, and chemical processing units where energy efficiency is critical. Oil and gas, representing 15-20%, relies on VIPs for LNG transportation and storage.
The construction sector adds 10-15% through HVAC and district heating systems, while cryogenics and refrigeration make up 8-10% of the market, particularly in scientific research and industrial gas handling. These varied applications demonstrate the versatility and broad adoption potential of vacuum insulated pipes.
Challenges and Opportunities
While demand is robust, the industry faces challenges. High production costs due to complex manufacturing processes and specialized materials remain a hurdle. Supply chain constraints and stringent regulatory standards add further complexity. However, opportunities are expanding in renewable energy, hydrogen storage, and data centers, where efficient cooling and insulation are vital. Emerging markets in Asia-Pacific and Latin America also present untapped potential for manufacturers willing to innovate and scale.
Competitive Landscape
The vacuum insulated pipe market is defined by both established leaders and emerging innovators. Chart Industries stands out with advanced cryogenic solutions used worldwide in LNG and medical gas systems. Air Liquide Healthcare focuses on healthcare applications, ensuring reliable VIP systems for hospitals. Cryofab and Cryospain deliver custom-engineered solutions for industrial cryogenic needs, while Brugg Pipes emphasizes advanced material technologies for low thermal conductivity.
Other players such as Perma-Pipe International Holdings, Vacuum Barrier Corporation, and Vacree Technologies are strengthening their presence with specialized designs and enhanced performance. Newer entrants, including Cryogas Equipment, Cryoworld, and SPS Cryogenics, are carving out space through niche applications and regional expansions. Collectively, these companies are pushing the boundaries of VIP innovation, with strategies centered on cost reduction, design flexibility, and durability improvements.
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Future Outlook
The vacuum insulated pipe market is moving toward a future shaped by energy efficiency, sustainability, and advanced insulation technologies. With industries ranging from healthcare and aerospace to LNG and renewable energy embracing VIPs, the market will continue to thrive over the next decade. For both established manufacturers and new entrants, the opportunity lies in innovation, cost optimization, and meeting the rising global demand for reliable cryogenic infrastructure.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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