Uploaded on Sep 18, 2024
According to the latest research report by IMARC Group, The global cryogenic equipment market size reached US$ 21.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. More Info:- https://www.imarcgroup.com/cryogenic-equipment-market
Cryogenic Equipment Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
Global Cryogenic Equipment Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. A cc o r d i ng t o t h e l a t e s t r e po r t b y IM A R C G r o up , t i t l e d " C r y o g e n i c E q u i p m e n t Ma r k e t : G l o b a l I n d u s t r y T r e n d s , S h a r e , S i z e , Gr o w th , O p p o r t u n i t y a n d F o r e c as t 2 0 2 4 - 20 3 2 , " t h e g l o b a l c r y o g en i c e q u i p m e n t m a r ke t s i z e r e ac h e d U S $ 2 1 .8 B i l l i o n i n 2 0 2 3 . C ry o g e n i c e q u i p me n t a r e m ac h i n e ry t h a t a r e u t i l i z ed f o r t h e s to r a g e a n d t r a n s po r t a t i on 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 . Highlight and A c ry o g e n i c t a nk i s e mp l o y e d f o r t he s t o ra g e o f c r yo g e n i c g a s e s , s u c h a s l i qu i d ox y g e n , c a r b o n d i o x i d e , a rg o n , n i t r o ge n an d m e t h a n e , w he r e a s a c r y o g e n i c r e f r i g e r a t o r us e s a r e f r i g e r a n t t o b e c i r c u l a t e d i n a f l u i d f l o w pa t h b e t w e e n th e c h a mb e r s to 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 ch e m i c a l , o i l a n d g a s , f o o d an d b e v e r ag e , h e a l t h c a r e , e n e r gy a n d p ow e r , a n d m a r i n e 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 is a l so c rea t ing a pos i t i ve ou t look fo r the marke t . The r is ing emp loymen t o f o i l t ankers , 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 t he 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 techno log ica l advancements in pharmaceu t ica ls , immunothe rapy , vacc ina t ions and regenera t ive med ic ines . Look ing forward, the market is expec ted to grow at a CAGR of 4 .5% dur ing the forecas t per iod (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 Breakup by Cryogen: Report • Nitrogen Segmentation • Liquifi ed Natural Gas • Helium • Others Breakup by Application: • Storage • Transportat ion • Process ing • Others Breakup by End Use Industry: • Oi l and Gas • Energy and Power • Food and Beverages • Healthcare Report • Marine and Aerospace • Chemicals Segmentation • Others Breakup by Region: • North America • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • Air Liquide S.A. • Air Products and Chemicals Inc. • Chart Industr ies Inc. • Cryofab Inc. Competitive • Cryoquip LLC (Nikkiso Co. Ltd.) Landscape • Emerson Electric Co. with Key • Flowserve Corporation • Herose GmbH Players • 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 Questions What are the key factors driving the global cryogenic equipment market? Answered in What has been the impact of COVID-19 on the the Report global cryogenic equipment market? 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 Questions What are the key regions in the global cryogenic equipment market? Answered in Who are the key players/companies in the global the Report cryogenic equipment market? 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 Contents 7 . 3 . 1 M a r k e t T r e n d s 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 : h t t p s : / / w w w. im a rcg ro u p . co m / c r y o ge n i c - eq u ip m e n t - m a r ke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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