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Europe Vacuum Insulated Pipe Market Size By Product (Standard, Customized), By Application (Cryogenic, Food & Beverage, Aerospace, Electronic Manufacturing & Testing, Healthcare), Industry Analysis Report, Country Outlook, Covid-19 Impact Analysis, Application Potential, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI4393
  • Published Date: Jan 2022
  • Report Format: PDF

Industry Overview

Europe Vacuum Insulated Pipe Market size surpassed USD 290 million in 2021 and is set to grow at a rate of over 6% between 2022 and 2028. Vacuum insulated pipes are deployed for transferring of cryogenic liquids which are sustained at a very low temperature and require specialized equipment for transportation and handling. These units are made of two pipes, the inner pipe to carry the cryogenic liquid and the outer pipe to support the inner pipe and create a vacuum jacket, which aids in generating a vacuum between the pipes. Growing safety concerns for the handling of cryogens will drive the requirement for reliable cryogenic equipment, thus complementing the demand for vacuum insulated pipes in the coming years.

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Introduction of favorable schemes and programs to upgrade or refurbish the healthcare sector will positively drive the industry outlook. For instance, as per European Commission, a health funding program has been introduced in the region which seeks different funding projects for e-health, healthcare infrastructure, health promotion programs and others. Moreover, ongoing outspread of coronavirus has further developed a soaring requirement for oxygen and other cryogens including nitrogen across the medical facilities, therefore aiding the Europe vacuum insulated pipe market growth positively.

Accelerating LNG trade coupled with increasing hydrogen consumption will enhance the standard vacuum insulated pipe demand


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Standard vacuum insulated pipes are anticipated to surpass USD 300 Million by 2028. Low cost, easy availability, ease of transportation and a wide range of size options are few of the paramount factors that will positively sway the product adoption. These units are usually made up of stainless steel and are available in sizes ranging from 0.5 inch diameter to 5 inch diameter. Standard vacuum insulated pipes can be effectively operated for 15 to 20 years, after which the piping section can be vacuum pumped again in order to utilize the product for a much longer duration.

Easy assembly with other auxiliary products, easy maintenance, high safety quotient, broad applicability and lesser ice formation on the pipes are few of the key features offered by the standard vacuum insulated pipes which will propel its penetration across Europe. In addition, technological enhancements to improve efficiency, safety and operation performance will foster business outlook. For instance, In March 2021, va-Q-tec, and Uponor introduced Ecoflex VIP, a highly insulated piping system. The new product offers enormous flexibility along with maximum energy efficiency.

Growing safety concerns pertaining to effective handling of cryogens will proliferate the industry outlook

Europe vacuum insulated pipe market share is projected to grow from cryogenic industry on account of rising concerns toward the effective handling of cryogens. These liquids are supercooled to a temperature ranging from -150°C to -273°C, which is hazardous if not contained properly. These liquids require special equipment including cryogenic tanks and vacuum insulated pipes for efficient transportation and storage, which will enhance the industry trends over the forecast timeline.

Over the last few years, the governments of various countries in the region have imposed strict emission policies and regulations, owing to which the energy intensive industries are shifting from fossil fuels including coal and oil to natural gas for power generation and other applications. This has driven the natural gas demand on account of which the region has witnessed a substantial growth in the LNG trade in the last few years, complementing Europe vacuum insulated pipe market expansion. Furthermore, the industry has witnessed a rise in demand for cryogens including oxygen, nitrogen, argon and others from healthcare industry, therefore instituting a favorable business scenario for vacuum insulated pipes across the cryogenic and healthcare industry.

Italy vacuum insulated pipe market is anticipated to grow on account of soaring natural gas demand

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Italy vacuum insulated pipe market share is set to witness around 6% CAGR through 2028. Ongoing implementation of stringent regulatory framework to phase out nuclear and coal power plants and introduce renewable sources and natural gas for energy generation will foster the industry spectrum. Growing energy demand has driven the policy makers to develop sustainable and clean energy, which will complement the growth of gas-based power plants, in turn enhancing the overall European vacuum insulated pipe industry statistics. Additionally, the government of Italy has implemented various incentives and subsidies for the use of natural gas, which in turn will positively influence the industry forecast.

Collective initiatives by manufacturers & governments to compensate the coronavirus impact will augment the business outlook

During the coronavirus outbreak, various industries confronted a steady decline in product demand across the region owing to the lockdowns imposed by the government. In addition, the companies operated on limited resources and a slow logistics network. However, the demand for vacuum insulated pipes is anticipated to grow gradually over the forecast period due to growing demand for cryogens and cryogenic equipment across healthcare sector. Moreover, steadily lifting of lockdown to boost the economy, will further fuel the Europe vacuum insulated pipe industry growth during the assessment period.

Ongoing strategic implications including mergers, partnerships and acquisition will enhance the market presence of various players

Strategic partnerships, agreements, contracts, acquisition and new product innovations among various players will boost the industry outlook. The key players are investing in R&D activities to enhance their product offerings and thus gain a competitive edge over other players. In addition, the major companies operating in the industry are further integrating backward and forward with raw material and component suppliers to augment their market share across the region over the forecast period.

Eminent players operational across the European vacuum insulated pipe marketinclude SPS Cryogenics B.V., CRYOSPAIN, Thames Cryogenics Ltd, TMK, Demaco, Chart Industries, Cryofab, Cryoworld and Vacuum Barrier Corporation amongst others.

Europe vacuum insulated pipe market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘Km’ & ‘USD” from 2018 to 2028, for the following segments:

By Product

  • Standard
  • Customized

By Application

  • Cryogenic
  • Food & Beverage
  • Aerospace
  • Electronic Manufacturing & Testing
  • Healthcare
  • Others

The above information has been provided for the following countries:

  • UK
  • Germany
  • Italy
  • France
  • Spain
  • Poland
  • Russia
  • Norway
  • Netherlands
Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

European market for vacuum insulated pipe exceeded USD 290 million in 2021 and is expected to expand at a rate of over 6% from 2022 to 2028 driven by increasing safety concerns for the handling of cryogens.
Europe standard vacuum insulated pipes market share is estimated to surpass USD 300 million up to 2028 owing to the ease of transportation, low cost, easy availability, and an extensive range of size options.
Italy vacuum insulated pipe market value is expected to register a CAGR of around 6% by 2028 impelled by the ongoing implementation of strict regulatory framework for phasing out coal and nuclear power plants.
Major players across the Europe vacuum insulated pipe industry comprise CRYOSPAIN, Chart Industries, Cryoworld, Vacuum Barrier Corporation, Thames Cryogenics Ltd., Demaco, TMK, and others.

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 173
  • Countries covered: 9
  • Pages: 150
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