Europe Vacuum Insulated Pipe Market Size - By Product (Standard, Customized), By Application (Cryogenic, Food & Beverage, Aerospace, Electronic Manufacturing & Testing, Healthcare), Regional Outlook & Growth Forecast, 2024 – 2032

Europe Vacuum Insulated Pipe Market Size - By Product (Standard, Customized), By Application (Cryogenic, Food & Beverage, Aerospace, Electronic Manufacturing & Testing, Healthcare), Regional Outlook & Growth Forecast, 2024 – 2032

Europe Vacuum Insulated Pipe Market Size

Europe Vacuum Insulated Pipe Market was valued at USD 307.6 million in 2023 and is projected to witness more than 5.4% CAGR between 2024 and 2032. Vacuum insulated pipes (VIPs) are designed to reduce heat transfer, keeping temperatures stable over long distances. The growing demand for renewable energy sources and government efforts to cut greenhouse gas emissions have driven the industry's growth. This increase has led to the widespread use of VIPs for transporting liquefied gases efficiently.

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Europe's vacuum insulated pipe market has grown significantly, mainly due to more private sector investments in infrastructure. The region's focus on sustainable technologies, especially in cryogenic handling, has created new opportunities and helped businesses expand. For example, according to the European Commission, private investments in sustainable infrastructure increased by 15% in 2023. Additionally, several key European countries are including VIPs in their energy plans. With strict emission regulations and a growing liquefied natural gas (LNG) market, the sector is expected to see strong revenue growth.
 

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Europe Vacuum Insulated Pipe Market Trends

The European vacuum insulated pipe (VIP) sector has grown significantly due to efforts to update networks and reduce losses. For example, the European Commission reported a 15% reduction in energy losses from 2020 to 2023 due to these upgrades. Additionally, many people are moving to suburban areas, and investments in expanding refineries and chemical plants have increased the demand for VIP systems. The increasing adoption of district heating systems is also driving the sector's growth. Europe's focus on adding renewable energy sources to its energy mix aims to improve energy transfer and keep temperatures stable, which will further boost the sector.

Europe Vacuum Insulated Pipe Market Analysis

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The standard pipe market is anticipated to cross over USD 350 million by 2032. These conventional VIPs dominate market share due to their widespread use in healthcare, cryogenics, food & beverage, aerospace, and more. The growing adoption of these pipes, which transfer large volumes of cryogenic liquids like LNG, nitrogen, and hydrogen, has created a favourable business scenario. Low cost and ease of transportation drive demand for VIP systems across emerging European economies. Customized VIPs are gaining momentum due to increased demand in petrochemical, oil & gas, and other industrial processes. Investments in aerospace, food & beverage, and electronics manufacturing also boost the market, as these pipes meet industry-specific needs.

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The cryogenic application of VIP is anticipated to grow at over 5% from 2024 to 2032. This growth is driven by increased investments in gas-fired power plants and healthcare infrastructure expansion. The cryogenic industry, vital for transporting LNG and other oil & gas liquids, is benefiting from technological advancements in sustainable pipeline networks. Rising imports and exports of LNG, helium, nitrogen, and hydrogen will further boost the market. In healthcare, substantial investments in new hospitals, nursing homes, and clinics, along with upgrades to existing infrastructure, are increasing demand for efficient VIPs. Initiatives like EU4 Health, aimed at enhancing healthcare services across EU nations, will also drive market growth.

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The France vacuum insulated pipe market is set to surpass USD 75 million by 2032, driven by several key factors. The increasing demand for energy-efficient and sustainable insulation solutions in industries like oil and gas, chemicals, and food and beverage is a major driver. For instance, according to the French Ministry of Ecological Transition, energy efficiency improvements in the industrial sector have reduced energy consumption by 1.5% annually over the past decade.

Additionally, advancements in cryogenic technologies and the growing need for safe transportation of cryogenic liquids contribute to market growth. Government regulations promoting energy conservation and the rising adoption of environmentally friendly practices further boost the demand for vacuum insulated pipes in France.

Europe Vacuum Insulated Pipe Market Share

Air Liquide holds a significant market share in the European vacuum insulated pipe industry. The company's strong presence is driven by its advanced cryogenic technology and extensive product portfolio, catering to various industries such as healthcare, energy, and manufacturing. Air Liquide's commitment to innovation and sustainability, along with its robust distribution network, positions it as a key player in the vacuum insulated pipe market across Europe.

Europe Vacuum Insulated Pipe Market Companies

Major key players operating across the Europe vacuum insulated pipe industry are

• Air Liquide
• BRUGG Pipes
• BUTTING CryoTech GmbH
• Cryo Anlagenbau GmbH
• Cryoworld
• CRYOSPAIN
• CRIOTEC Impianti srl
• Demaco
• INTECH GmbH
• CoreDux
• Thames Cryogenics Ltd.
• Vacuum Barrier Corporation
• Taylor-Wharton
• Cryo Anlagenbau GmbH
• KrioSystem
• TMK
• CRYOTHERM
• Cryofab
• SPS Cryogenics B.V.
  Europe Vacuum Insulated Pipe Industry News

• In January 2023, Chart Industries and BNG Clean Fuel Corporation signed an MOU to deliver hydrogen liquefaction technology, components, and fuelling stations. They will use BNG's " wheel model and spoke, hub " for hydrogen production, shipping, virtual pipeline networks, and fuel distribution. This partnership is set to boost the cryogenics market, including vacuum-insulated pipe (VIP) modules, in emerging economies, enhancing both companies' market shares.
   
• In October 2022, BRUGG Pipes, a division of BRUGG Group AG, opened a new production facility in O?arów, Poland, to enhance its production of cryogenic technology solutions for the safe transport of liquids and gases across various industries. This facility supports the company's focus on advancing the energy revolution and reducing CO2 emissions.
  This Europe vacuum insulated pipe market research report includes an in–depth coverage of the industry with estimates & forecast in terms of volume and revenue in Km and USD Million from 2021 to 2032, for the following segments

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Market, By Product

• Standard
• Customized

Market, 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