Press release
Cryogenic Tanks Market 2020: Global Development, Technology, Innovation, and Potential Opportunities 2027|Top Companies- lapesa; Linde plc; Chart Industries; Cryofab
Cryogenic Tanks
Global cryogenic tanks market is expected to register a substantial CAGR of 6.67% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing levels of innovations and improvements in design of these tanks.
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Cryogenic tanks, also known as cryotank are storage products that have the capability of storing frozen or liquefied compounds/materials. These storage tanks are highly useful in storage and transportation of industrial gases at extremely cold temperatures, helping deliver highly efficient logistics solution, although their development is still at an infant stage.
Major Market Players Covered in the Cryogenic Tanks Market Are:
Few of the major competitors currently working in the global cryogenic tanks market are lapesa; Linde plc; Chart Industries; Cryofab; Henan Jianshen Metal Metenrial Co.Ltd.; INOX India Pvt. Ltd.; Air Products and Chemicals, Inc.; Cryolor; AIR WATER INC; Wessington Cryogenics; FIBA Technologies, Inc.; ISISAN A.S; Nikkiso Cryo Inc.; Gardner Cryogenics; Beijing Tianhai Industry co.,Ltd.; Hoover Ferguson Group, Inc.; UIG; Auguste Cryogenics; Macomber Cryogenics Inc; M1 Engineering; GTS Maintenance Limited; DABAR INDUSTRIES, LLC dba Eden Cryogenics; Taylor-Wharton among others.
Key Developments in the Market:
• In November 2018, AIR WATER INC announced that they had acquired Cryogenic Vessels Alternative from INOX India Pvt. Ltd. This acquisition will significantly improve the capabilities and presence of AIR WATER INC in the United States region with continued investment expenditure planned already in the acquired assets
• In October 2018, Linde plc announced that they had completed the merger of Praxair and Linde AG with the combination of both companies now operating as Linde plc. The combination of these businesses and expertise will significantly improve the share of the company for industrial gases supply and equipment’s market
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Global Cryogenic Tanks Market Scope and Segments
By Application
• Storage
• Transportation
By End-Use Industry
• Metal Processing
• Energy Generation
• Electronics
• Medical Technology
• Food & Beverage
• Water Treatment
• Others
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Cryogenic Tanks Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
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