Vacuum Insulated Piping Market Size to Grow by USD 267.74 Mn| Growth in Global LNG trade to boost market growth| Technavio

News provided by

Apr 13, 2022, 11:45 ET

NEW YORK, April 13, 2022 /PRNewswire/ -- According to the research report, Vacuum Insulated Piping Market will witness a YOY growth of 4.76% in 2022 at a CAGR of 5.05% during the forecast period. The report is segmented by application (LNG transportation and distribution, food and beverage packaging and freezing, aerospace, electronic manufacturing and testing, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). One of the major factors driving the vacuum-insulated piping market is the increase in worldwide LNG trade.

Attractive Opportunities in Vacuum Insulated Piping Market by Application and Geography - Forecast and Analysis 2022-2026

For more insights on YOY and CAGR, Read our FREE Sample Report

Vendor Insights

Vacuum Insulated Piping Market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Acme Cryogenics Inc
Chart Industries Inc.
Concept Group LLC
Cryo Anlagenbau GmbH
Cryofab Inc.
Cryogenic Specialty Manufacturing
Cryotherm GmbH and Co. KG
Demaco Holland BV
IWI Cryogenic Vaporization Systems India PVT. LTD.
PAO TMK
PHPK Technologies
Senior Flexonics Inc.
SPS Cryogenics B.V.
Sri Venkateshwara Engineering
Technifab Products Inc
Thames Cryogenics Ltd.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.

Geographical Market Analysis

APAC will account for 45 percent of market growth. The vacuum insulated piping market in APAC is dominated by China, India, and Japan. The market in this region will increase at a quicker rate than the market in other regions. Over the forecast period, the expansion of cryogenic fuels would aid the vacuum insulated pipes market in APAC.

Furthermore, countries such as the US, China, India, Japan, and the UK are expected to emerge as prominent markets for Vacuum Insulated Piping Market during the forecast period.

Know more about this market's geographical distribution along with a detailed analysis of the top regions. Download Free Sample Report.

Key Segment Analysis

The LNG transportation and distribution segment will grow its vacuum insulated piping market share significantly. Because vacuum insulated pipes help to maintain a low temperature throughout the process, they are commonly utilized for LNG transit and distribution. Vacuum insulated piping for LNG applications has several advantages, including reducing boil-off gas (BOG), ensuring increased LNG flow over long distances, and more. The demand for vacuum insulated pipes for LNG transportation and distribution is predicted to increase during the forecast period due to these numerous advantages.

View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years.

Key Market Drivers & Challenges:

One of the major factors driving the vacuum-insulated piping market is the increase in worldwide LNG trade. During the predicted period, demand for LNG as a cryogenic fuel would expand in tandem with the global use of natural gas. Because of its thermal insulation capabilities, vacuum-insulated piping is often employed for LNG transport. In a steady-state running situation, the boil-off gas is considerably reduced thanks to vacuum insulated pipe technology. As a result, as the demand for LNG rises, the need for vacuum insulated pipework will rise as well throughout the projection period.

However, one of the issues impeding the vacuum-insulated piping market's growth is the uncertainty surrounding crude oil prices.

Download a free sample for highlights on market Drivers & Challenges affecting the Vacuum Insulated Piping Market.

Customize Your Report

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!

Painting Tools and Accessories Market by Product and Geography - Forecast and Analysis 2022-2026

Vacuum Insulated Piping Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.05%
Market growth 2022-2026	$ 267.74 million
Market structure	Fragmented
YoY growth (%)	4.76
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 45%
Key consumer countries	US, China, India, Japan, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Acme Cryogenics Inc, Chart Industries Inc., Concept Group LLC, Cryo Anlagenbau GmbH, Cryofab Inc., Cryogenic Specialty Manufacturing, Cryotherm GmbH and Co. KG, Demaco Holland BV, IWI Cryogenic Vaporization Systems India PVT. LTD., PAO TMK, PHPK Technologies, Senior Flexonics Inc., SPS Cryogenics B.V., Sri Venkateshwara Engineering, Technifab Products Inc, and Thames Cryogenics Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application

5.3 LNG transportation and distribution - Market size and forecast 2021-2026

Exhibit 28: Chart on LNG transportation and distribution - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on LNG transportation and distribution - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on LNG transportation and distribution - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on LNG transportation and distribution - Year-over-year growth 2021-2026 (%)

5.4 Food and beverage packaging and freezing - Market size and forecast 2021-2026

Exhibit 32: Chart on Food and beverage packaging and freezing - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Food and beverage packaging and freezing - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Food and beverage packaging and freezing - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Food and beverage packaging and freezing - Year-over-year growth 2021-2026 (%)

5.5 Aerospace - Market size and forecast 2021-2026

Exhibit 36: Chart on Aerospace - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Aerospace - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Aerospace - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Aerospace - Year-over-year growth 2021-2026 (%)

5.6 Electronic manufacturing and testing - Market size and forecast 2021-2026

Exhibit 40: Chart on Electronic manufacturing and testing - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Electronic manufacturing and testing - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Electronic manufacturing and testing - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Electronic manufacturing and testing - Year-over-year growth 2021-2026 (%)

5.7 Others - Market size and forecast 2021-2026

Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.8 Market opportunity by Application

Exhibit 48: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 US - Market size and forecast 2021-2026

Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)

7.10 India - Market size and forecast 2021-2026

Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

7.11 UK - Market size and forecast 2021-2026

Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.12 Japan - Market size and forecast 2021-2026

Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 95: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 97: Overview on factors of disruption

9.4 Industry risks

Exhibit 98: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 99: Vendors covered

10.2 Market positioning of vendors

Exhibit 100: Matrix on vendor position and classification

10.3 Acme Cryogenics Inc

Exhibit 101: Acme Cryogenics Inc - Overview
Exhibit 102: Acme Cryogenics Inc - Product / Service
Exhibit 103: Acme Cryogenics Inc - Key offerings

10.4 Chart Industries Inc.

Exhibit 104: Chart Industries Inc. - Overview
Exhibit 105: Chart Industries Inc. - Business segments
Exhibit 106: Chart Industries Inc. - Key news
Exhibit 107: Chart Industries Inc. - Key offerings
Exhibit 108: Chart Industries Inc. - Segment focus

10.5 Concept Group LLC

Exhibit 109: Concept Group LLC - Overview
Exhibit 110: Concept Group LLC - Product / Service
Exhibit 111: Concept Group LLC - Key offerings

10.6 Cryofab Inc.

Exhibit 112: Cryofab Inc. - Overview
Exhibit 113: Cryofab Inc. - Product / Service
Exhibit 114: Cryofab Inc. - Key offerings

10.7 Cryogenic Specialty Manufacturing

Exhibit 115: Cryogenic Specialty Manufacturing - Overview
Exhibit 116: Cryogenic Specialty Manufacturing - Product / Service
Exhibit 117: Cryogenic Specialty Manufacturing - Key offerings

10.8 Cryotherm GmbH and Co. KG

Exhibit 118: Cryotherm GmbH and Co. KG - Overview
Exhibit 119: Cryotherm GmbH and Co. KG - Product / Service
Exhibit 120: Cryotherm GmbH and Co. KG - Key offerings

10.9 Demaco Holland BV

Exhibit 121: Demaco Holland BV - Overview
Exhibit 122: Demaco Holland BV - Product / Service
Exhibit 123: Demaco Holland BV - Key offerings

10.10 IWI Cryogenic Vaporization Systems India PVT. LTD.

Exhibit 124: IWI Cryogenic Vaporization Systems India PVT. LTD. - Overview
Exhibit 125: IWI Cryogenic Vaporization Systems India PVT. LTD. - Product / Service
Exhibit 126: IWI Cryogenic Vaporization Systems India PVT. LTD. - Key offerings

10.11 PAO TMK

Exhibit 127: PAO TMK - Overview
Exhibit 128: PAO TMK - Business segments
Exhibit 129: PAO TMK - Key offerings
Exhibit 130: PAO TMK - Segment focus

10.12 PHPK Technologies

Exhibit 131: PHPK Technologies - Overview
Exhibit 132: PHPK Technologies - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 133: Inclusions checklist
Exhibit 134: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 135: Currency conversion rates for US$

11.4 Research methodology

Exhibit 136: Research methodology
Exhibit 137: Validation techniques employed for market sizing
Exhibit 138: Information sources

11.5 List of abbreviations

Exhibit 139: List of abbreviations

About Us:

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio