openPR Logo
Press release

Cryogenic Hoses Market Expected to Rise Steadily throughout by 2025

Cryogenic Hoses Market Expected to Rise Steadily throughout

Cryogenic hoses are particular indispensable assembly or equipment used for the efficient and effective transfer of cryogenic liquids and liquid gases, such as liquid nitrogen, liquid helium, liquid oxygen, liquid argon liquefied petroleum gas (LPG), liquefied natural gas (LNG), ethylene, ammonia and carbon dioxide. Cryogenic technology is largely involved in the operation, production and maintenance of gases below -150 degree C.

Cryogenic hoses possess exceptional properties, such as exceptional thermal resistance, resistance against chemicals, long operating and service life and ease in usage and they also reduce maintenance cost. Conventionally, major cryogenic hoses are manufactured from polymers wherein different layers of polymers are superimposed together to form a composite, which is used as the base material.

Request Report for TOC @ www.persistencemarketresearch.com/toc/18166

Composites are generally lightweight in nature and provide better shear stress properties. Stainless steel is also adopted as a material of choice for the manufacturing of cryogenic hoses, owing to its exceptional mechanical and thermal properties. Stainless steel also provides resistance against acids and alkali, which help in increasing the life of cryogenic hoses.

Cryogenic hoses can be classified into several types on the basis of application usage, namely uninsulated, vacuum insulated and foam insulated. Among these types, vacuum insulated and foam insulated hoses find remarkable adoption in different end user industries. There has been a significant increase in opportunities for cryogenic hoses in core processes in different end user industries.

End-user industries, such as coal storage, petrochemical and chemical, metallurgy and food & beverage are the prominent industries responsible for the increased demand of cryogenic hoses. The petrochemical industry holds a lion’s share of returns in the global cryogenic hoses market. Major market players are continuously investing in research and development to pave way for technological innovations and advances in the market.

Cryogenic Hoses Market: Drivers and Restraints

Globally, the cryogenic hoses market has been witnessing enormous demand and progress over the past few years and the same trend will be observed in the upcoming years. The main reason behind the huge demand for cryogenic hoses is the adoption of the assembly in different applications. Massive development of petrochemical complexes, chemical industries, metallurgical activities, cold storage of foods and beverage and power industries in the last few years has surged the demand for cryogenic hoses. Furthermore, continuous R & D efforts in cryogenic technologies enable new product development of cost effective cryogenic hoses with increased efficacy.

There has been a substantial increase in the adoption of nitrogen in food & beverage applications, which is driving the growth of cryogenic hoses in the global market. Nitrogen gas has been broadly used for preserving and freezing foods in the food processing industries. Conventional refrigerants, such as ammonia and fluorocarbons are being replaced by nitrogen cooled freezers since the former are expected to negatively affect the environment. Nitrogen-cooled freezers are also used to increase product quality and throughput. In the past few years, there has been a significant slowdown in the steel industry, which may dent adoption and growth opportunities of cryogenic hoses in the market.

Request to Sample of Report @ www.persistencemarketresearch.com/samples/18166

The global cryogenic hoses market can be segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Growth in developed regions, such as North America, Western Europe and Japan will be driven by the expansion of industries, such as metallurgy, food and beverage and power. APEJ and Latin America regions will also register rapid growth, due to the increasing demand for petrochemical & chemical products and an increase in manufacturing units, mainly in emerging economies, such as China and India. MEA is also projected to also expand with a significant CAGR over the forecast period.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cryogenic Hoses Market Expected to Rise Steadily throughout by 2025 here

News-ID: 1032240 • Views:

More Releases from Persistence Market Research Pvt. Ltd

Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Market to Hit Surpass US$ 679.6 Million by 2032
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032. The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthetic Lasers Market
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism. Stay Ahead with Market Intelligence Get Free
Predictive Insights for Precision Medicine: The Global Biosimulation Market is Set to Hit USD 10 billion by 2030
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.  Market Overview The biosimulation market has experienced rapid growth
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheelchairs to Boost Growth
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing. Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961 The global wheelchair and components market has witnessed significant growth in

All 5 Releases


More Releases for Cryogenic

Cryogenic Insulation Market Trends Innovations Driving Growth in Cryogenic Insul …
latest recently released a research report titled global Cryogenic Insulation Market insight, forecast to 2024 -2030, which assesses various factors influencing its trajectory. The report presents a high-quality, accurate, and comprehensive research study to provide players with valuable insights for making strategic business decisions. The research analysts have conducted an in-depth segmental analysis of the global Cryogenic Insulation market based on type, application, and geography. The vendor landscape is also
Cryogenic Valves Market Powering the Future: Cryogenic Valves in the LNG and Ren …
Cryogenic Valves Market to reach over USD 6.5 billion by the year 2031 - Exclusive Report by InsightAce Analytic "Cryogenic Valves Market" in terms of revenue was estimated to be worth $4.0 billion in 2023 and is poised to reach $6.5 billion by 2031, growing at a CAGR of 6.45% from 2023 to 2031 according to a new report by InsightAce Analytic. Get Free Sample Report @ https://www.insightaceanalytic.com/request-sample/1650 Latest Drivers Restraint
Cryogenic Valves Market Beyond Oil and Gas: The Expanding Landscape of the Cryog …
Cryogenic Equipment Market to reach over USD 38.56 billion by the year 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Cryogenic Equipment Market Size, Share & Trends Analysis Report By By Product (Tanks, Valves, Pumps & Vaporizers, Vacuum Jacket Piping (VJP) ), By Cryogen (Nitrogen, Oxygen, Argon, And Liquefied Natural Gas), By Application (Distribution And Storage), By
Cryogenic Tanks Market Growth Expected to See Next Level| Cryofab, Chart Industr …
HTF Market Intelligence recently released a survey document on Cryogenic Tanks market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the
Cryogenic Tanks Market 2023 - Exploring Cryogenic Storage Solutions, Application …
The latest research study released by Transparency Market Research on "Cryogenic Tanks Market Forecast to 2019-2027 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Cryogenic Tanks industry, as well as
Cryogenic Tanks Market 2023 - Exploring Cryogenic Storage Solutions, Application …
The latest research study released by Transparency Market Research on "Cryogenic Tanks Market Forecast to 2019-2027 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Cryogenic Tanks industry, as well as predicted