Top 10 Companies in the Global PUR and PIR Cryogenic Insulation Industry (2025): Market Leaders Enabling Ultra-Low Temperature Applications

In Business Insights
August 03, 2025

The Global PUR and PIR Cryogenic Insulation Market was valued at USD 780 million in 2024 and is projected to reach USD 1.1 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2030). This growth is driven by expanding LNG infrastructure, rising demand for energy-efficient thermal solutions, and increasing adoption in aerospace and medical cryogenic systems.

As industries push the boundaries of low-temperature applications, the need for high-performance insulation materials has never been greater. In this analysis, we examine the Top 10 Companies in the PUR and PIR Cryogenic Insulation Industry – the material scientists and engineering innovators creating thermal solutions for extreme environments.


🔟 1. Armacell International S.A.

Headquarters: Luxembourg
Key Offering: ArmaFlex® Cryogenic solutions

Armacell leads the market with its advanced foam insulation technologies engineered for cryogenic applications. Their cellular polymer materials demonstrate exceptional thermal stability at temperatures as low as -200°C.

Innovation Highlights:

  • Closed-cell foam technology preventing moisture absorption
  • Custom-engineered solutions for LNG terminals
  • Environmentally friendly manufacturing processes

Download FREE Sample Report: Global PUR and PIR Cryogenic Insulation Market – View in Detailed Research Report


9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Elastopor® Cryogenic insulation

BASF’s polyurethane formulations set industry standards for thermal efficiency in cryogenic environments, particularly for industrial gas storage and transportation applications.

Innovation Highlights:

  • High R-value insulation materials
  • Flame-retardant formulations meeting strict safety standards

8️⃣ 3. Lydall Performance Materials

Headquarters: Manchester, Connecticut, USA
Key Offering: Thermasorb® Cryogenic insulation

Lydall combines advanced material science with precision engineering to create insulation solutions for the most demanding cryogenic applications across industries.

Innovation Highlights:

  • Multi-layer composite insulation systems
  • Solutions for aerospace cryogenic fuel tanks

7️⃣ 4. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: Cryogel® insulation materials

Cabot’s nanotechnology-enhanced aerogel products provide superior thermal performance in cryogenic applications while minimizing installation footprint.

Innovation Highlights:

  • Nanoporous insulation materials
  • Flexible blanket solutions for complex geometries

Download FREE Sample Report: Global PUR and PIR Cryogenic Insulation Market – View in Detailed Research Report


6️⃣ 5. Johns Manville Inc.

Headquarters: Denver, Colorado, USA
Key Offering: Cryogenic pipe insulation systems

Johns Manville delivers comprehensive insulation solutions for cryogenic pipelines and storage vessels, with specialized PUR/PIR formulations for extreme conditions.

Innovation Highlights:

  • Integrated moisture barrier systems
  • High-density formulations for industrial applications

5️⃣ 6. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Rohacell® structural foam

Evonik’s polymer foam solutions combine thermal insulation with structural integrity for aerospace and industrial cryogenic applications.

Innovation Highlights:

  • Lightweight cryogenic tank insulation
  • Custom formulations for space applications

4️⃣ 7. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Terol® polyol-based insulation

Huntsman develops specialized polyols that form the foundation for high-performance PUR/PIR insulation systems in cryogenic environments.

Innovation Highlights:

  • High-performance raw materials
  • Solutions for LNG containment systems

3️⃣ 8. Röchling Group

Headquarters: Mannheim, Germany
Key Offering: Cryogenic insulation systems

Röchling integrates PUR/PIR technologies with engineered plastics to create specialized thermal solutions for medical and industrial cryogenics.

Innovation Highlights:

  • MRI system insulation components
  • Thermal isolation technologies

2️⃣ 9. Kingspan Group

Headquarters: Kingscourt, Ireland
Key Offering: Kooltherm® cryogenic insulation

Kingspan’s advanced insulation products are engineered for cryogenic storage facilities and LNG terminals where thermal efficiency is critical.

Innovation Highlights:

  • Structural insulated panel systems
  • High-performance core materials

1️⃣ 10. Morgan Advanced Materials

Headquarters: Windsor, UK
Key Offering: Superwool® cryogenic insulation

Morgan combines ceramic fiber technology with polymer insulation to create hybrid solutions for ultra-low temperature applications in industrial and research settings.

Innovation Highlights:

  • Thermal management systems
  • Custom-engineered cryogenic solutions

Get Full Report Here: Global PUR and PIR Cryogenic Insulation Market – View in Detailed Research Report


❄️ Outlook: The Future of Cryogenic Insulation

The PUR and PIR cryogenic insulation market is evolving to meet increasingly stringent performance requirements across multiple industries.

📈 Key Market Trends:

  • Growing hydrogen economy creating new insulation demands
  • Advances in composite insulation materials
  • Increasing focus on sustainable insulation solutions
  • Expanding applications in quantum computing cooling systems

Get Full Report Here: Global PUR and PIR Cryogenic Insulation Market – View in Detailed Research Report

The companies profiled are at the forefront of thermal innovation, enabling the next generation of cryogenic technologies across industries.