| Product Code: ETC5747091 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continued to see a significant influx of cryogenic insulation imports, with key suppliers including the UK, Poland, Germany, Metropolitan France, and Portugal. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these top exporting countries. The impressive compound annual growth rate (CAGR) of 27.34% from 2020 to 2024 showcases the increasing demand for cryogenic insulation in Ireland. Moreover, the growth rate of 6.32% from 2023 to 2024 highlights a continued expansion of this market segment, signaling promising opportunities for both suppliers and buyers in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Cryogenic Insulation Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Cryogenic Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Cryogenic Insulation Market - Industry Life Cycle |
3.4 Ireland Cryogenic Insulation Market - Porter's Five Forces |
3.5 Ireland Cryogenic Insulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Cryogenic Insulation Market Revenues & Volume Share, By Cryogenic Equipment, 2021 & 2031F |
3.7 Ireland Cryogenic Insulation Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Ireland Cryogenic Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for LNG (liquefied natural gas) as an alternative fuel source |
4.2.2 Growth in the healthcare sector leading to demand for cryogenic storage for medical applications |
4.2.3 Rising focus on energy efficiency and sustainability driving the adoption of cryogenic insulation |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with cryogenic insulation systems |
4.3.2 Technical challenges related to maintaining low temperatures and preventing heat transfer in cryogenic applications |
5 Ireland Cryogenic Insulation Market Trends |
6 Ireland Cryogenic Insulation Market Segmentations |
6.1 Ireland Cryogenic Insulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Cryogenic Insulation Market Revenues & Volume, By PU & PIR, 2021-2031F |
6.1.3 Ireland Cryogenic Insulation Market Revenues & Volume, By Cellular Glass, 2021-2031F |
6.1.4 Ireland Cryogenic Insulation Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.5 Ireland Cryogenic Insulation Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.6 Ireland Cryogenic Insulation Market Revenues & Volume, By Perlite, 2021-2031F |
6.2 Ireland Cryogenic Insulation Market, By Cryogenic Equipment |
6.2.1 Overview and Analysis |
6.2.2 Ireland Cryogenic Insulation Market Revenues & Volume, By Tanks, 2021-2031F |
6.2.3 Ireland Cryogenic Insulation Market Revenues & Volume, By Valves, 2021-2031F |
6.3 Ireland Cryogenic Insulation Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Ireland Cryogenic Insulation Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Ireland Cryogenic Insulation Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Ireland Cryogenic Insulation Market Revenues & Volume, By Metallurgical, 2021-2031F |
6.3.5 Ireland Cryogenic Insulation Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.6 Ireland Cryogenic Insulation Market Revenues & Volume, By Shipping, 2021-2031F |
7 Ireland Cryogenic Insulation Market Import-Export Trade Statistics |
7.1 Ireland Cryogenic Insulation Market Export to Major Countries |
7.2 Ireland Cryogenic Insulation Market Imports from Major Countries |
8 Ireland Cryogenic Insulation Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of cryogenic insulation |
8.2 Number of new installations or projects utilizing cryogenic insulation |
8.3 Adoption rate of cryogenic insulation technologies in key industries such as energy, healthcare, and transportation |
9 Ireland Cryogenic Insulation Market - Opportunity Assessment |
9.1 Ireland Cryogenic Insulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Cryogenic Insulation Market Opportunity Assessment, By Cryogenic Equipment, 2021 & 2031F |
9.3 Ireland Cryogenic Insulation Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Ireland Cryogenic Insulation Market - Competitive Landscape |
10.1 Ireland Cryogenic Insulation Market Revenue Share, By Companies, 2024 |
10.2 Ireland Cryogenic Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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