Cryogenic Equipment Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Global Cryogenic 
Equipment Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Report o f  n u me r o us  ma t e r i a l s  a t  e x t r e m e l y  l o w  t em p e r a t u r e s .  T he y  c om mo n l y  c o n s i s t  o f  c r y o g e n i c  r e f r i g e ra t o r s ,  c r yo g e n i c  s t o ra g e  r a c ks  a nd  b ox e s ,  c r y og e n i c  t a n k s ,  a n d  
t em p e r a t u r e  c o n t ro l l e r s .  
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Description p r e s e r ve  c r y o g en i c  m a t e r i a l s .  T h e s e  e qu i p m e n t  a r e  co m m on l y  u se d  f o r  c o o l i n g ,  
f r e e z i n g ,  m e ta l  p r o ce s s i n g  a n d  b i o m e d i c a l  an d  c h em i c a l  s t o r ag e  p u rp o s e s  a c r o ss  t h e  
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se c t o r s .
R eq u e s t  f o r  a  P D F  sa m p le  o f  th i s  r ep o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / c r y o g e n i c - e q u i pm e n t - ma r k e t / r e qu e s t sa m p l e
Report Description
Global  Cryogenic  Equipment  Market  Trends :
The g loba l  marke t  i s  ma jo r ly  d r i ven  by  the  r i s ing  demand fo r  L iqu i f ied  Na tu ra l  Gas  (LNG)  tha t  i s  w ide ly  used  to  
fac i l i ta te  numerous  indus t r ia l  p rocesses .  Wi th  rap id  indus t r ia l i za t ion ,  the re  has  been  an  esca la t ing  demand fo r  
LNG-based  power  genera t ion  sys tems across  the  g lobe .  Th is ,  coup led  w i th  the  g rowing  u t i l i za t ion  o f  l iqu id  gases  
in  comp lex  indus t r ia l  p rocesses ,  i s  p rov id ing  an  impe tus  to  the  marke t  g rowth .  Moreover ,  s ign i f i can t  g rowth  in  the  
aerospace  and  av ia t ion  indus t r ies  i s  a l so  c rea t ing  a  pos i t i ve  ou t look  fo r  t he  marke t .  
The  r is ing  emp loyment  o f  o i l  tankers ,  vapor ize rs ,  pumps,  re f r ige ra to rs  and  va lves  ac ross  the  o i l  and  gas  sec to r  i s  
a lso  p rov id ing  an  impe tus  to  the  marke t  g rowth .  Some o f  the  o ther  fac to rs  con t r ibu t ing  to  the  marke t  inc lude  the  
launch  o f  mob i le  c ryogen ic  equ ipmen t  and  the  con t inua l  t echno log ica l  advancements  in  pharmaceu t ica ls ,  
immunotherapy ,  vacc ina t ions  and  regene ra t i ve  med ic ines .
Look ing  forward,  the  market  is  ant ic ipated to  reach a  va lue  o f  US$ 32 .6  Bi l l ion  by  2032 ,  exhib i t ing a  CAGR 
of  4 .5% dur ing 2024-2032 .
V iew Repor t  TOC,  F igures  and  Tables :  h t tps: / /www. imarcgroup.com/cryogen ic -equ ipment-market
Breakup by Equipment:
• Tanks
• Pumps
• Heat Exchanger
• Valves
• Others
Report 
Breakup by Cryogen:
Segmentation • Nitrogen
• Liquifi ed Natural  Gas
• Helium
• Others
Breakup by Application:
• Storage
• Transportation
• Processing
• Others
Breakup by End Use Industry:
• Oil  and Gas
Report • Energy and Power
Segmentation • Food and Beverages
• Healthcare
• Marine and Aerospace
• Chemicals
• Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
Report 
Segmentation
• Air Liquide S.A.
• Air Products and Chemicals Inc.
• Chart Industr ies Inc.
Competitive • Cryofab Inc.
• Cryoquip LLC (Nikkiso Co. Ltd.)
Landscape 
• Emerson Electric Co.
with Key • Flowserve Corporation
Players • Herose GmbH
• INOX India Pvt. Ltd
• Linde Plc
• Parker-Hannifi n Corporation
• Wessington Cryogenics
How big is the global cryogenic equipment market?
What is the expected growth rate of the global 
cryogenic equipment market during 2024-2032?
Key What are the key factors driving the global 
cryogenic equipment market?
Questions 
What has been the impact of COVID-19 on the 
Answered in global cryogenic equipment market?
the Report What is the breakup of the global cryogenic 
equipment market based on the equipment?
What is the breakup of the global cryogenic 
equipment market based on the cryogen?
What is the breakup of the global cryogenic 
equipment market based on the application?
What is the breakup of the global cryogenic 
equipment market based on the end use industry?
Key What are the key regions in the global cryogenic 
equipment market?
Questions 
Who are the key players/companies in the global 
Answered in cryogenic equipment market?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  C r y o g e n i c  E q u i p m e n t  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  E q u i p m e n t
    6 . 1     T a n k s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     P u m p s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     H e a t  E x c h a n g e r
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     V a l v e s
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     O t h e r s
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  C r y o g e n
    7 . 1     N i t r o g e n
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     L i q u i f i e d  N a t u r a l  G a s
Table of         7 . 2 . 1  M a r k e t  T r e n d s        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     H e l i u m
        7 . 3 . 1  M a r k e t  T r e n d s
Contents         7 . 3 . 2  M a r k e t  F o r e c a s t    7 . 4     O t h e r s
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     S t o r a g e
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     T r a n s p o r t a t i o n
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     P r o c e s s i n g
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /c ry o gen i c -equ i pm ent -m a rke t / t o c
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