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) . No pa r t o f t h i s pub l i ca t ion may be
rep roduced , repackaged , red i s t r i bu ted o r res o ld i n who le o r i n any pa r t . The pub l i ca t ion may a l so
no t be used i n any f o rm o r by and means g raph i c e lec t ron ic o r mechan ic a l , i nc lud ing pho tocopy ing ,
reco rd ing , t ap ing o r by i n fo rmat i on s to rage o r re t r ieva l , o r by any o the r f o rm, w i t hou t the exp ress
c ons en t o f I n t e rna t iona l Marke t Ana lys i s Research and Consu l t i ng ( IMARC) .
Disc la imer : Al l con ten ts and da ta o f t h i s pub l i c a t i on , i nc lud ing fo recas t s , da ta ana lys i s and op in ion
have been based on in f o rmat ion and sources be l ieved to be accu ra te and re l iab le a t t he t ime o f
pub l i sh ing . In t e rna t i ona l Ma rke t Ana l ys is Research and Consu l t ing makes no rep resen ta t ion o f
war ran t y o f any k ind as to t he acc u racy o r comp le teness o f any I n fo rmat i on p rov ided . IMARC
accep ts no l i ab i l i t y wha tsoever f o r any los s o r damage resu l t i ng f rom op in ion , e r ro rs o r
i naccu rac ies i f any f ound th is pub l i ca t ion .
IMARC, IMARC Group and G loba l Therapy I ns igh t Ser i es a re reg is t e red t rademarks o f I n te rna t iona l
Marke t Ana lys i s Research and Consu l t ing . A l l o the r t rademarks used i n th i s pub l i ca t i on a re
reg i s te red t rademarks o f t he i r r espec t i ve compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
+1-631-791-1145
[email protected]
Stay With Us:
Comments