Press release
Cryogenic Equipment Market to Witness Huge Growth by Air Liquide, Linde Group AG, Chart Industries, Cryofab, Cryoquip, Herose
The global cryogenic equipment market is expected to witness considerable growth during the forecast period due to the increasing demand across power & energy sectors, coupled with rapid industrialization. The factors such as increasing utilization and distribution of industrial gases, favorable government initiatives, and recent growth in Liquefied Natural Gas (LNG) market are expected to boost the growth of the market during the forecast period.Rising attempts from government and private bodies to support the increased adoption of cleaner fuels such as natural gas for domestic and industrial applications is the key factor boosting the global demand for cryogenic equipment. Besides this, the rapid pace of industrialization and urbanization and the increased demand across the healthcare industry are also boosting growth prospects of the global cryogenic equipment globally.
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Major Key Players In this Report Include,
• Air Liquide
• Linde Group AG
• Chart Industries
• Cryofab
• Cryoquip
• Herose Gmbh
• Inox India
• Taylor-Wharton International
• VRV S.P.A.
• Wessington Cryogenics
• Beijing Tianhai Industry
The Global Cryogenic Equipment Market report assesses the supervisory framework of this market, offering the stakeholders better understanding of the rules and regulations and future plans, which are expected to reflect on a number of upcoming events in this market. The study also compiles the data gained through extensive primary and secondary research. With the results of such systematic research, the market study presents refined estimates for the market players as well as the readers.
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Cryopump market size will witness strong growth on account of increased usage of gases across healthcare facilities along with rising investments across oil & gas and electricity sectors. In addition, availability of different designs for various applications including bath cryopumps, refrigerator-cooled, supercritical helium-cooled, and novel cryogenic pump will complement the business landscape.
The nitrogen segment holds the largest market size. This is because liquid nitrogen is used in almost all industries including food & beverage, healthcare, metallurgy and electronics among others. It is used for a wide variety of things, such as a coolant for computers, food preservation & packaging applications, among others. Moreover, the demand for liquid nitrogen in these industries for the mentioned applications is growing day by day. Hence, the market size of the cryogenic equipment used to handle liquid nitrogen is the largest.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Tanks
Pumps
Vaporizers
Other Equipment
Segment by Application
Medical
Food
Energy & Power
Chemical
Electronics
Others
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Key Points Covered in TOC:
Global Cryogenic Equipment Market Research Report
Chapter 1 Global Cryogenic Equipment Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Cryogenic Equipment Market Forecast
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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