The Global Cryogenic Insulations Market was valued at USD 2.76 Billion in 2023 and is projected to reach USD 4.21 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2023–2030). This robust growth is fueled by the escalating demand from the energy & power sector, particularly for Liquefied Natural Gas (LNG) infrastructure, alongside advancements in healthcare, space exploration, and electronics that require reliable ultra-low temperature solutions.

As industries push the boundaries of technology in extreme environments, the materials that enable these applications become critically important. In this blog, we profile the Top 10 Companies in the Cryogenic Insulations Industry—a diverse group of chemical giants, material science innovators, and specialty manufacturers that are shaping the future of thermal management.

Download FREE Sample Report: Cryogenic Insulations Market – View in Detailed Research Report

---

🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Styrodur® (XPS), Elastopor® (PU/PIR), Cryogenic Foams

BASF is a global leader in chemical solutions, offering a comprehensive portfolio of high-performance insulation materials. Its extruded polystyrene (XPS) and polyurethane/polyisocyanurate (PU/PIR) foam systems are engineered for superior thermal efficiency and mechanical strength in cryogenic applications, including LNG tanks and pipelines.

Innovation and Sustainability Focus:

• Development of next-generation foam systems with reduced Global Warming Potential (GWP)

• Investment in recycling technologies for insulation materials

• Global production network ensuring supply chain resilience

---

9️⃣ 2. Armacell International Holding GmbH

Headquarters: Luxembourg, Luxembourg
Key Offering: ArmaFlex® Cryogenic, AP ArmaFlex® Stainless Steel Jacketing

Armacell specializes in flexible foams for technical insulation. Its ArmaFlex Cryogenic range is specifically designed for applications at temperatures as low as -200°C, providing excellent thermal performance and resistance to moisture vapor transmission for pipes and vessels in industrial gas and LNG plants.

Innovation and Sustainability Focus:

• Pioneer in halogen-free, formaldehyde-free insulation solutions

• Expansion of sustainable product lines with high recycled content

Download FREE Sample Report: Cryogenic Insulations Market – View in Detailed Research Report

---

8️⃣ 3. Lydall, Inc. (Part of Rökona)

Headquarters: Manchester, Connecticut, USA
Key Offering: Thermal Ceramics, High-Temperature Insulation Wools

Lydall, now integrated into the Rökona group, is a leading manufacturer of engineered technical materials. Its thermal ceramics division produces advanced insulation solutions capable of withstanding extreme thermal gradients, making them ideal for cryogenic systems in aerospace and industrial gas processing.

Innovation and Sustainability Focus:

• R&D in nanostructured insulation materials for enhanced performance

• Focus on lightweight solutions for mobile cryogenic applications

---

7️⃣ 4. Rochling Group

Headquarters: Mannheim, Germany
Key Offering: RÖCHLING SUSTARON®, Custom Engineered Plastics

Röchling is a specialist in high-performance plastics that serve demanding technical applications. Its material solutions, including specialized polyetheretherketone (PEEK) and polyimide-based components, provide excellent cryogenic performance, low outgassing, and high dimensional stability for complex insulation systems.

Innovation and Sustainability Focus:

• Custom-engineered solutions for specific client cryogenic challenges

• Development of bio-based and recyclable high-performance polymers

---

6️⃣ 5. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: ISOVER Glass Wool, SEQARA® VIPs, Foamglas® Cellular Glass

Saint-Gobain offers one of the industry’s broadest insulation portfolios through its various subsidiaries. Its Foamglas® cellular glass insulation is non-combustible, impervious to moisture, and provides exceptional performance for LNG storage tanks and sub-zero temperature piping, making it a cornerstone of cryogenic safety.

Innovation and Sustainability Focus:

• Leading producer of Vacuum Insulation Panels (VIPs) for maximum efficiency

• Commitment to carbon neutrality across manufacturing operations

---

5️⃣ 6. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: LUXSELF® Aerogels, ENOVA® Aerogels

Cabot Corporation is a global specialty chemicals and performance materials company. It is a major player in aerogel technology through its LUXSELF® and ENOVA® product lines. Aerogels offer the lowest thermal conductivity of any solid material, providing ultra-efficient insulation in space-constrained cryogenic applications.

Innovation and Sustainability Focus:

• Continuous innovation in silica aerogel technology for enhanced flexibility and strength

• Focus on reducing the embodied carbon footprint of aerogel production

Download FREE Sample Report: Cryogenic Insulations Market – View in Detailed Research Report

---

4️⃣ 7. Johns Manville (a Berkshire Hathaway company)

Headquarters: Denver, Colorado, USA
Key Offering: Fiberglass Pipe Insulation, Micro-Lok® HP, Sproule WR-1200®

Johns Manville is a leading manufacturer of insulation and building products. Its cryogenic-grade fiberglass insulations are designed for piping and equipment operating at temperatures down to -320°F (-195°C). These products are widely used in LNG facilities, air separation plants, and industrial gas operations.

Innovation and Sustainability Focus:

• Product development focused on ease of installation and long-term durability

• Implementation of sustainable manufacturing practices and waste reduction

---

3️⃣ 8. Aspen Aerogels, Inc.

Headquarters: Northborough, Massachusetts, USA
Key Offering: PyroThin®, Spaceloft®, Cryogel® Z

Aspen Aerogels is a pure-play aerogel technology company. Its Cryogel® Z product line is specifically engineered for cryogenic applications, offering superior thermal performance, fire resistance, and durability for pipes, tanks, and equipment in the LNG and industrial gas industries.

Innovation and Sustainability Focus:

• Pioneering the commercial production of flexible, blanket-form aerogels

• Strategic focus on the energy transition market, including hydrogen infrastructure

---

2️⃣ 9. Imerys S.A.

Headquarters: Paris, France
Key Offering: Expanded Perlite Insulation, CALFLO® E, ImerPerl®

Imerys is a world leader in mineral-based specialties. Its expanded perlite is a lightweight, highly effective insulating powder used to fill the annular spaces of double-walled cryogenic storage tanks. This material provides cost-effective and reliable insulation for large-scale LNG and industrial gas storage.

Innovation and Sustainability Focus:

• Optimization of perlite expansion processes for consistent quality and performance

• Leveraging naturally occurring, abundant mineral resources

---

1️⃣ 10. Pacor, Inc. (Hertel)

Headquarters: Folcroft, Pennsylvania, USA
Key Offering: PVC Foam Insulation, Custom Fabricated Insulation Systems

Pacor, operating under the Hertel brand, is a specialist in custom-fabricated insulation systems. The company provides high-performance, closed-cell foam insulation materials and engineered solutions for complex cryogenic piping and vessel applications, particularly in the LNG and chemical processing industries.

Innovation and Sustainability Focus:

• Expertise in designing and fabricating insulation for intricate geometries

• Commitment to providing solutions that reduce overall lifecycle energy consumption

Get Full Report Here: Cryogenic Insulations Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Cryogenic Insulation Is Smarter and More Efficient

The cryogenic insulation market is evolving rapidly, driven by the dual pressures of energy transition and technological advancement. While traditional materials like perlite and fiberglass remain vital for large-scale applications, the industry is increasingly adopting high-performance aerogels and Vacuum Insulation Panels (VIPs) for their superior thermal properties and space-saving benefits.

📈 Key Trends Shaping the Market:

• Accelerated global LNG infrastructure development, particularly in Asia and North America

• Rising demand for liquid hydrogen and carbon capture & storage (CCS) systems

• Integration of smart sensors for real-time monitoring of insulation system integrity

• Growing emphasis on lifecycle cost analysis and total cost of ownership

Get Full Report Here: Cryogenic Insulations Market – View in Detailed Research Report

The companies profiled above are not just supplying materials—they are enabling the next generation of clean energy and advanced technology by ensuring that extreme cold can be managed safely, efficiently, and reliably.