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
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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.
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