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    Vacuum Insulated Pipe Market | Covid-19 Impact Analysis

    Vacuum Insulated Pipe Market | Covid-19 Impact Analysis

    Vacuum Insulated Pipe Market | Covid-19 Impact Analysis
    Report code - SRCE169 Delivery - 2 Weeks
    Vacuum Insulated Pipe Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Vacuum Insulated Pipe Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Vacuum Insulated Pipe Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Vacuum Insulated Pipe Market Insights

    Vacuum Insulated Pipe Market is likely to witness a CAGR of 5.0% during the forecast period. The major factors such as ongoing investments towards aerospace industry along with the rising LNG trade, accelerating spending in the direction of developing natural gas infrastructure owing to upsurge in gas-based generation capacity additions, growing demand for packaged and frozen food products coupled with the growing chemical industry majorly across the emerging economies are expected to positively influence the growth of the market and provide favorable opportunities during the forecast period.

    Vacuum Insulated Pipe Market - Snapshot

    Growth

    5.0% for the next five years

    Dominant Product Type

    Customized

    Major Application Type

    Cryogenic

    Region with the highest demand

    Asia-Pacific

    Key Players

    Brugg Kabel GmbH, Chart Industries, Cryofab, Cryoworld, Demaco, Kelvin Technology, SPS Cryogenics B.V., Thames Cryogenics Ltd., TMK, and Vacuum Barrier Corporation.

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    Market Share Analysis

    Vacuum Insulated Pipe Market Share: By Product Type

    Based on the product type, the market is segmented as standard and customized. The factors such as ongoing investments towards industries such as food & beverage, aerospace and semiconductor, are generating significant growth opportunities to propel the penetration of vacuum insulated pipes in the market. The manufacturing of these pipes are done on the basis of individual requirements for customer, making these pipes useful for controlling the flow of cryogenic liquid at the end-user premises. Furthermore, other factors such as the increasing manufacturing base and rising demand for LNG in various regions, particularly in North America and Europe, and the increase in consumption of oxygen across the healthcare industry accompanied by the rapidly growing demand for packaged food items, meat and dairy products are expected to fuel the growth of the market during the forecast period.

    Vacuum Insulated Pipe Market Share: By Application Type

    Based on the application type, the market is segmented as cryogenic, food & beverage, aerospace, electronic manufacturing & testing, and others. The major factors such as introducing government regulations and mandates for the protection of environment consequently causing increase in the adoption of natural gas, shifting towards a gas-based economy due to the inclination of the industry headed towards gas power plants, ultimately causing stimulation of the demand for the product, combination of supportive policies of clean fuel and competitive gas prices, leading to the growth and development of new gas-fired plants and removal of coal-fired power plants, and ongoing enhancements in technology towards exploring unconventional oil & gas resources so as to avoid demand-supply mismatch, are expected to positively influence the growth of the market during the forecast period.

    Vacuum Insulated Pipe Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to witness a high growth rate, attributed to the increasing investments toward generation capacity addition accompanied by the growth in LNG trade in the market, during the forecast period. Factors such as the development of urban areas, shifting towards generation stations based on gas and strong manufacturing industry growth, dynamic expansion of the industries including chemical, semiconductor and packaged food industry as well, accompanied by the rapidly growing infrastructure, accelerated growth in aerospace sector majorly across China, India, Japan, and South Korea fueling the space industry growth, which is eventually fueling the adoption of product, and complex and changing government policies regarding adoption of sustainable systems are some of the main reasons driving the growth of the market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Vacuum-Insulated-Pipe-Market-By-Region

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    Some of the key players in the vacuum insulated pipe market are-

    • Brugg Kabel GmbH
    • Chart Industries
    • Cryofab
    • Cryoworld
    • Demaco
    • Kelvin Technology
    • SPS Cryogenics B.V.
    • Thames Cryogenics Ltd.
    • TMK
    • Vacuum Barrier Corporation.

     

    Market Scope & Segmentation

    Vacuum insulated pipe is the most preferred method to transport cryogenic liquids including hydrogen, natural gas, oxygen, and other liquid gases which are maintained at very low temperatures and is unmatched in terms of safety, reliability, and cost-effectiveness. These pipes are the most efficient options for storage, transfer or final use purpose.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Vacuum Insulated Pipe Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The vacuum insulated pipe market is segmented into the following categories. 

    Vacuum Insulated Pipe Market Size, Share, & Forecast, by Product Type:

    • Standard (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Customized (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Vacuum Insulated Pipe Market Size, Share, & Forecast, by Application Type:

    • Cryogenic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electronic Manufacturing & Testing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Vacuum Insulated Pipe Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Vacuum-Insulated-Pipe-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Vacuum Insulated Pipe Market in the foreseeable future?

    The vacuum insulated pipe market is expected to witness an impressive growth of 5.0% CAGR in the foreseeable future.

    Who are the key players in the Vacuum Insulated Pipe Market?

    Brugg Kabel GmbH, Chart Industries, Cryofab, Cryoworld, Demaco, Kelvin Technology, SPS Cryogenics B.V., Thames Cryogenics Ltd., TMK, and Vacuum Barrier Corporation are among the key players in the vacuum insulated pipe market.

    Which country/region is expected to witness the high growth in the Vacuum Insulated Pipe Market?

    Asia-Pacific is expected to witness the high growth in the vacuum insulated pipe market during the next five years.

    What are the factors driving the Vacuum Insulated Pipe Market?

    Some of the major factors driving the growth of vacuum insulated pipe market are ongoing investments towards aerospace industry along with the rising LNG trade, accelerating spending in the direction of developing natural gas infrastructure owing to upsurge in gas-based generation capacity additions, growing demand for packaged and frozen food products coupled with the growing chemical industry majorly across the emerging economies.

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