Press release
(2022-2031) Cryogenic Equipment Market: Industry Trends, Share, Size, Growth, Opportunity And Outlook
The global cryogenic equipment market size is expected to grow from $12.15 billion in 2021 to $13.01 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The cryogenic equipment market is expected to grow to $17.44 billion in 2026 at a CAGR of 7.6%.The Business Research Company offers the Cryogenic Equipment Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The cryogenic equipment market consists of the sale of cryogenic equipment by entities (organizations, sole traders, and partnerships) that are used in the production of very low-temperature materials or processes. The cryogenic equipment is designed to reach ultra-low temperatures ranging from -238 °F (-150° C, 123.2 K°) to absolute zero at a slow rate to prevent thermal shock to the components being treated. Cryogenic equipment is used in the storage and transportation of liquefied gases, preservation of food, cryosurgery, superconducting electromagnets, etc.
Some key cryogenic equipment market players are Air Liquide, Beijing Tianhai Industry Co.Ltd, Chart Industries Inc., Emerson Electric Co., Flowserve Corporation, Herose GmbH, INOXCVA, Linde plc, Taylor Wharton, VRV S.p.A., Wessington Cryogenics, ACME Cryogenics, Graham Partners, Honeywell International Inc., McDermott International Inc, Nikkiso Cryo Inc, and Sumitomo Heavy Industries Ltd
The countries covered in the global cryogenic equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global cryogenic equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Cryogenic equipment market Segmentation:
By Equipment
1.Tanks
2.Valves
3.Vaporizers
4.Pumps
By Cryogen
1.Nitrogen
2.Argon
3.Oxygen
4.LNG
5.Hydrogen
6.Helium
By Application
1.Storage
2.Transportation
3.Processing
By End-User
1.Energy and Power
2.Chemicals
3.Metallurgy
4.Electronics
5.Shipping
See more on the report at https://www.thebusinessresearchcompany.com/report/cryogenic-equipment-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Cryogenic Equipment Market Characteristics
3. Cryogenic Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Cryogenic Equipment
5. Cryogenic Equipment Market Size And Growth
.......
26. Africa Cryogenic Equipment Market
27. Cryogenic Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cryogenic Equipment Market
29. Cryogenic Equipment Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the cryogenic equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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