Global Vacuum Jacketed Pipe (VIP) System Market Growth 2024-2030

Global Vacuum Jacketed Pipe (VIP) System Market Growth 2024-2030

Vacuum Jacketed Pipe (VIP) system is a type of insulation technology that is used to maintain the temperature of refrigerated or cryogenic liquids as they flow through pipes. It consists of inner and outer pipes with a vacuum-insulated space between them. The inner pipe is typically constructed from materials suitable for cryogenic temperatures, such as stainless steel or aluminum, and it carries the cryogenic fluid. Surrounding the inner pipe is an outer pipe, creating a vacuum layer between the two pipes. This vacuum space is essential for minimizing heat transfer, as it significantly reduces conduction and convection heat losses, thus maintaining the temperature of the cryogenic fluid during transportation.

The global Vacuum Jacketed Pipe (VIP) System market size is projected to grow from US$ 374 million in 2024 to US$ 508 million in 2030; it is expected to grow at a CAGR of 5.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Vacuum Jacketed Pipe (VIP) System Industry Forecast” looks at past sales and reviews total world Vacuum Jacketed Pipe (VIP) System sales in 2023, providing a comprehensive analysis by region and market sector of projected Vacuum Jacketed Pipe (VIP) System sales for 2024 through 2030. With Vacuum Jacketed Pipe (VIP) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vacuum Jacketed Pipe (VIP) System industry.

This Insight Report provides a comprehensive analysis of the global Vacuum Jacketed Pipe (VIP) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vacuum Jacketed Pipe (VIP) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vacuum Jacketed Pipe (VIP) System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Jacketed Pipe (VIP) System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vacuum Jacketed Pipe (VIP) System.

Key global manufacturers of Vacuum Jacketed Pipe (VIP) System include Crane, Chart Industries and BUTTING CryoTech. The top three companies have a market share of about 34 percent. North America is the world's largest Vacuum Jacketed Pipe (VIP) System market with a market share of approximately 56%, followed by Europe and China with a market share of 17% and 11%, respectively. In terms of product type, Rigid Type is the largest segment with approximately 82% market share. In terms of application, Industrial Process is the largest downstream segment, accounting for about 40% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Jacketed Pipe (VIP) System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Rigid Type
Flexible Type

Segmentation by Application:
Industrial Process
LNG
Food and Beverage
Pharmaceutical and Medical
Electronic and Semiconductor
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Crane
Chart Industries
Concept Group
BUTTING CryoTech
Vacuum Barrier Corporation
Acme Cryogenics (Dover)
Cryeng Group
CSM Cryogenic
Technifab
CryoWorks
Chengdu Holy Cryogenic Equipment
Demaco
Hager Industries
Cryofab
Jiangsu Cryowell
Hefei HMVAC Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vacuum Jacketed Pipe (VIP) System market?

What factors are driving Vacuum Jacketed Pipe (VIP) System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vacuum Jacketed Pipe (VIP) System market opportunities vary by end market size?

How does Vacuum Jacketed Pipe (VIP) System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.