Europe Vacuum Insulated Pipe Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Europe Vacuum Insulated Pipe Market Size- By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: COAM2416 | Pages: 1 - 158 | Formats*: |
| Category : Construction & Manufacturing | |||
Europe Vacuum Insulated Pipe Market Introduction and Overview
According to SPER Market Research, the Europe Vacuum Insulated Pipe Market is estimated to reach USD 531.94 million by 2033 with a CAGR of 5.63%.
The report includes an in-depth analysis of the Europe Vacuum Insulated Pipe Market, including market size and trends, product mix, distribution channels, and supplier analysis. Vacuum insulated pipes, sometimes referred to as cryogenic pipes, are made specifically to reduce heat transfer and keep cryogenic fluids at low temperatures while in transit. An annular gap, kept under vacuum to minimize heat conduction, is sandwiched between an inner and an outer pipe. These pipes have extensive application in a variety of industries where cryogenic fluid transportation is essential, such as chemicals, LNG, electronics, and healthcare.
Market Opportunities and Challenges
Opportunities: High Efficiency and Wide Applicability: Strict regulations apply to cryogenic applications, vacuum-insulated pipelines, pharmaceutical and medical sectors, among other specific industries. Bacterial contamination is intolerable, and there is often little area available for cryogenic buildings. Vacuum insulation is the best option for many end users in these sectors. People observe a lot of vacuum-insulated systems in places like pharmaceutical labs and biobanks (for cryopreservation), which are associated with the appropriate certification. Applications are divided using vacuum insulation in nearly all cryogenic industries. This is why the vacuum technique is so useful. Va-Q-tec, a leader in thermal energy efficiency, announced the successful Ecoflex VIP market launch.
Challenges: Lack of Raw Materials: According to projections made by the German Association of Materials Management, Purchasing, and Logistics (BME), the scarcity will last until the end of 2022. An abnormally high number of force majeure situations, an unanticipated increase in demand for Corona lockdowns, and submission difficulties stemming from logistical concerns are cited as the reasons for the condition. According to the IAE, if the goal of staying under the 1.5% emissions cap is to be achieved, the shift to renewable energy sources must proceed. Both increased efficacy and fresh potential are required to achieve this. This is the reason Sandvik Materials technologies, together with its Kanthal division, is working together to enhance solar power technologies through the EU-funded Nextower project.
Market Competitive Landscape
The Vacuum Insulated Pipe Market in Europe is moderately consilidated. Some of the market key players are Air Liquide SA, Chart Industries Inc., Cryofab, Senior Flexonics, Sps Cryogenics B.V., TMK, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application |
| Regions covered | UK, France, Germany, Italy, Spain, Rest of Europe |
| Companies Covered | Air Liquide SA, Chart Industries Inc., Cryofab, Senior Flexonics, Sps Cryogenics B.V., TMK, Others. |
COVID-19 Impact on Europe Vacuum Insulated Pipe Market
The COVID-19 epidemic had a major effect on the European vacuum insulated pipe market, changing consumer behavior and upsetting the supply chain. Businesses in the industry, including Senior Flexonics, Air Liquide SA, Chart Industries Inc., Cryofab, Sps Cryogenics B.V., and TMK, encountered difficulties ranging from decreased demand to logistical limitations. A short decrease in the installation of vacuum insulated pipes occurred in a number of end-user industries, including healthcare, electronics, and energy, as a result of lockdown measures and limits on industrial activities. But the market saw a slow comeback as the area eventually came out of lockdowns and economic activity picked back up.
Key Target Audience:
- Industrial Gas Companies
- Energy Companies
- Healthcare Institutions
- Electronics Manufacturers
- Research Institutes
- Government Agencies
- Construction Companies
- Engineering Firms
Our in-depth analysis of the Europe Vacuum Insulated Pipe Market includes the following segments:
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| By Application: |
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| By Region: |
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Key Topics Covered in the Report:
- Europe Vacuum Insulated Pipe Market Size (FY’2024-FY’2033)
- Overview of Europe Vacuum Insulated Pipe Market
- Segmentation of Europe Vacuum Insulated Pipe Market By Product (Standard, Customized)
- Segmentation of Europe Vacuum Insulated Pipe Market By Application (Cryogenic, Aerospace, Electronic Manufacturing and Testing, Food and Beverage, Others)
- Expansion Analysis of Europe Vacuum Insulated Pipe Market
- Problems and Obstacles in Europe Vacuum Insulated Pipe Market
- Competitive Landscape in the Europe Vacuum Insulated Pipe Market
- Impact of COVID-19 and Demonetization on Europe Vacuum Insulated Pipe Market
- Details on Current Investment in Europe Vacuum Insulated Pipe Market
- Competitive Analysis of Europe Vacuum Insulated Pipe Market
- Prominent Players in the Europe Vacuum Insulated Pipe Market
- SWOT Analysis of Europe Vacuum Insulated Pipe Market
- Europe Vacuum Insulated Pipe Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Vacuum Insulated Pipe Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Vacuum Insulated Pipe Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Vacuum Insulated Pipe Market
7. Europe Vacuum Insulated Pipe Market, By Product (USD Million) 2020-2033
7.1. Europe Vacuum Insulated Pipe Market Size, Share and Forecast, By Product, 2020-20267.2. Europe Vacuum Insulated Pipe Market Size, Share and Forecast, By Product, 2027-20337.3. Standard7.4. Customized
8. Europe Vacuum Insulated Pipe Market, By Application (USD Million) 2020-2033
8.1. Europe Vacuum Insulated Pipe Market Size, Share and Forecast, By Application, 2020-20268.2. Europe Vacuum Insulated Pipe Market Size, Share and Forecast, By Application, 2027-20338.3. Cryogenic8.4. Aerospace8.5. Electronic Manufacturing and Testing8.6. Food and Beverage8.7. Others
9. Europe Vacuum Insulated Pipe Market Forecast, 2020-2033 (USD Million)
9.1. Europe Vacuum Insulated Pipe Market Size and Market Share
10. Europe Vacuum Insulated Pipe Market, By Region, 2020-2033 (USD Million)
10.1. Europe Vacuum Insulated Pipe Market Size and Market Share By Region (2020-2026)10.2. Europe Vacuum Insulated Pipe Market Size and Market Share By Region (2027-2033)10.3. France10.4. Germany10.5. Italy10.6. United Kingdom10.7. Rest of Europe
11. Company Profile
11.1. Air Liquide SA11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Chart Industries Inc.11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Cryofab11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Senior Flexonics11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Sps Cryogenics B.V.11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. TMK11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Vacuum Insulated Pipe Market is projected to reach USD 531.94 million by 2033, growing at a CAGR of 5.63 % during the forecast period.
Europe Vacuum Insulated Pipe Market size from 2022. The Market is expected to reach USD 531.94 million by 2033, at a CAGR of 5.63% during the forecast period.
Europe Vacuum Insulated Pipe Market CAGR of 5.63 % during the forecast period.
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Europe Vacuum Insulated Pipe Market size is 531.94 million from 2024 to 2033.
Europe Vacuum Insulated Pipe Market Segment is covered By Product, By Application.
The Europe anticipated to have the highest market share in the Europe Vacuum Insulated Pipe Market.
The key players in the market include Companies Covered Air Liquide SA, Chart Industries Inc., Cryofab, Senior Flexonics, Sps Cryogenics B.V., TMK, Others.
These pipes have extensive application in a variety of industries where cryogenic fluid transportation is essential, such as chemicals, LNG, electronics, and healthcare.
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