North America Vacuum Insulated Pipe Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Standard and Customized) and Application (Cryogenic, Food & Beverage, Aerospace, Electronic Manufacturing & Testing, and Others)

The vacuum insulated pipe market in North America is expected to grow from US$ 223.18 million in 2021 to US$ 306.24 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

Several government authorities across region are supporting and imposing the clean fuel policies, which are being implemented in the respective regions. For instance, in March 2021, New Mexico’s state Senate approved a bill to introduce a clean fuel standard, which is likely to help them meet their carbon reduction goals. Such initiatives focus on limiting the use of conventional fuels in transportation. As a result, natural gas is expected emerge rapidly as an alternative fuel, and it would be the second-largest contributor to the energy mix, accounting for 25% by 2045. Therefore, surge in government initiatives to adopt clean fuel policies are bolstering the demand for LNG, subsequently boosting the adoption of vacuum insulated pipes in oil and gas plants.

The US is the worst-hit country in North America due to the outbreak of COVID-19, with thousands of infected individuals facing severe health conditions across the country. Increasing number of infected individuals has led the government to impose lockdown across the nation’s borders during Q2. The majority of the manufacturing plants were either temporarily shut or are operating with minimum staff; the supply chain of components and parts is disrupted; these are some of the critical issues faced by the North American manufacturers. The US is one of the largest markets for vacuum insulated pipe especially in medical, aerospace, food & beverages, and energy, owing to stringent government/industry regulations regarding safety and quality standards. However, the outbreak has severely affected the production and revenue generation with the lower number of manufacturing staff.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the vacuum insulated pipe market. The North America vacuum insulated pipe market is expected to grow at a good CAGR during the forecast period.

North America Vacuum Insulated Pipe Market Revenue and Forecast to 2028 (US$ Million)

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North America Vacuum Insulated Pipe Market Segmentation

North America Vacuum Insulated Pipe Market – By Product

Standard
Customized

North America Vacuum Insulated Pipe Market – By Application

Cryogenic
Aerospace
Electronic Manufacturing and Testing
Food and Beverage
Others

North America Vacuum Insulated Pipe Market- By Country

US
Canada
Mexico

North America Vacuum Insulated Pipe Market-Companies Mentioned

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Vacuum Insulated Pipe Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Vacuum Insulated Pipe Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Supportive Clean Fuel Policies

5.1.2 Rising Consumption of Oxygen Across Healthcare Industry

5.2 Key Market Restraints

5.2.1 Complications Associated with Cross-Border Transportation via Pipelines

5.3 Key Market Opportunities

5.3.1 Discovery of New Oil & Gas Reserves

5.4 Future Trends

5.4.1 Ongoing Technological Advancements in Exploration of Unconventional Oil & Gas Resources

5.5 Impact Analysis of Drivers and Restraints

6. Vacuum Insulated Pipe Market – North America Analysis

6.1 North America Vacuum Insulated Pipe Market Overview

6.2 North America Vacuum Insulated Pipe Market –Revenue and Forecast to 2028 (US$ Million)

7. North America Vacuum Insulated Pipe Market Analysis – By Product

7.1 Overview

7.2 North America Vacuum Insulated Pipe Market Breakdown, By Product Type, 2020 and 2028

7.3 Standard

7.3.1 Overview

7.3.2 Standard Market Revenue and Forecasts to 2028 (US$ Mn)

7.4 Customize

7.4.1 Overview

7.4.2 Customize Market Revenue and Forecasts to 2028 (US$ Mn)

8. North America Vacuum insulated pipe Market Analysis – By Application

8.1 Overview

8.2 North America Vacuum Insulated Pipe Market Breakdown, By Application, 2020 and 2028

8.3 Cryogenic

8.3.1 Overview

8.3.2 Cryogenic Market Revenue and Forecasts to 2028 (US$ Mn)

8.4 Food and Beverage

8.4.1 Overview

8.4.2 Food and Beverage Market Revenue and Forecasts to 2028 (US$ Mn)

8.5 Aerospace

8.5.1 Overview

8.5.2 Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)

8.6 Electronic Manufacturing and Testing

8.6.1 Overview

8.6.2 Electronic Manufacturing and Testing Market Revenue and Forecasts to 2028 (US$ Mn)

8.7 Others

8.7.1 Overview

8.7.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)

9. North America Vacuum Insulated Pipe Market – Country Analysis

9.1 Overview

9.1.1 North America: Vacuum Insulated Pipe Market- by Key Country

9.1.1.1 US: Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 US: Vacuum Insulated Pipe Market- By Product

9.1.1.1.2 US: Vacuum Insulated Pipe Market- By Application

9.1.1.2 Canada: Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Canada: Vacuum Insulated Pipe Market- By Product

9.1.1.2.2 Canada: Vacuum Insulated Pipe Market- By Application

9.1.1.3 Mexico: Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Mexico: Vacuum Insulated Pipe Market- By Product

9.1.1.3.2 Mexico: Vacuum Insulated Pipe Market- By Application

10. North America Vacuum Insulated Pipe Market- COVID-19 Impact Analysis

10.1 Overview

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Air Liquide SA

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Acme Cryogenics

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Chart Industries, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Cryeng Group Pty Ltd.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Cryofab

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Cryoworks, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Senior Flexonics

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 TMK

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. North America Vacuum Insulated Pipe Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. US: Vacuum Insulated Pipe Market- By Product –Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Vacuum Insulated Pipe Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 4. Canada: Vacuum Insulated Pipe Market- By Product –Revenue and Forecast to 2028 (US$ Million)

Table 5. Canada: Vacuum Insulated Pipe Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 6. Mexico: Vacuum Insulated Pipe Market- By Product –Revenue and Forecast to 2028 (US$ Million)

Table 7. Mexico: Vacuum Insulated Pipe Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 8. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Vacuum Insulated Pipe Market Segmentation

Figure 2. North America Vacuum Insulated Pipe Market Segmentation – By Country

Figure 3. North America Vacuum Insulated Pipe Market Overview

Figure 4. Standard Segment Held the Largest Market Share in 2020

Figure 5. Cryogenic Held the Largest Market Share in 2020

Figure 6. US was the Largest Revenue Contributor in 2020

Figure 7. North America – PEST Analysis

Figure 8. Vacuum Insulated Pipe Market– Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. North America Vacuum Insulated Pipe Market: Impact Analysis of Drivers and Restraints

Figure 11. North America Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. North America Vacuum Insulated Pipe Market Breakdown by Product Type, 2020 and 2028 (%)

Figure 13. North America Standard Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 14. North America Customize Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 15. North America Vacuum Insulated Pipe Market Breakdown by Application, 2020 and 2028 (%)

Figure 16. North America Cryogenic Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. North America Food and Beverage Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. North America Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. North America Electronic Manufacturing and Testing Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. North America: Vacuum Insulated Pipe Market, by Key Country-Revenue 2020 US$ Million)

Figure 22. North America: Vacuum Insulated Pipe Market Revenue Share, by Key Country (2020 and 2028)

Figure 23. US: Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Canada: Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Mexico: Vacuum Insulated Pipe Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Impact of COVID-19 Pandemic in North American Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America vacuum insulated pipe market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America vacuum insulated pipe market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the vacuum insulated pipe market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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