Press release
Cryogenic Transportation Services Market Poised for 6.8 % Growth, Set to Hit $0.92 Billion by 2029
Cryogenic Transportation Services Market
The increasing use of industrial gases is expected to drive the growth of the cryogenic transportation services market. Industrial gases are essential in manufacturing and innovation across various sectors. Cryogenic transportation is crucial for safely delivering these gases at extremely low temperatures. In June 2024, the Department of Industry, Science, and Resources in Australia reported that the country's manufacturing sector consumed 380 petajoules of gas, reflecting a 26% share of domestic gas supply. The growing use of industrial gases is driving the cryogenic transportation market.
Get Your Cryogenic Transportation Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/cryogenic-transportation-services-global-market-report
What is the projected compound annual growth rate (CAGR) of the cryogenic transportation services market from 2025 to 2034, and what factors influence it?
The cryogenic transportation services market has grown strongly in recent years. It will increase from $9.35 billion in 2024 to $10.01 billion in 2025, at a CAGR of 7.1%. Growing demand for biopharmaceuticals, international trade, government regulations, medical gases, and industrial applications have contributed to this growth.
The cryogenic transportation services market is projected to grow to $13 billion by 2029 at a CAGR of 6.8%. The growth is attributed to the expansion of life sciences, the food and beverage industry, LNG export capacity, and environmental awareness. Trends include safety protocol enhancements, green energy adoption, cold storage advancements, and improved transportation solutions.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18556&type=smp
How are the latest trends influencing the growth of the cryogenic transportation services market?
Companies in the cryogenic transportation services market are improving safety and efficiency with products like cryogenic multi-use dewars, which are specialized containers for transporting cryogenic fluids at extremely low temperatures. For example, in April 2024, CSafe introduced the CGT Cryo Series, which includes reusable dewars and high-impact-resistant shipping cases designed to handle biologic materials and regenerative medicine during transport.
What are the major segments of the cryogenic transportation services market and their role in driving growth?
The cryogenic transportation services market covered in this report is segmented -
1) By Type: Trailer Transportation, Truck Transportation
2) By Cryogen Type: Nitrogen, Oxygen, Natural Gas, Argon, Other Cryogen Types
3) By Application: Chemicals, Drugs, Biological Specimens, Industrial Gases, Other Applications
Subsegments:
1) By Trailer Transportation: Cryogenic Tanker Trailers, Cryogenic Liquid Gas Transport Trailers, Multi-Compartment Cryogenic Trailers, Insulated And Refrigerated Cryogenic Trailers
2) By Truck Transportation: Cryogenic Liquid Gas Trucks, Insulated Cryogenic Trucks, Cryogenic Delivery Trucks For Industrial Gases, Specialized Temperature-Controlled Cryogenic Trucks
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18556
Which regions are key players in the growth of the cryogenic transportation services market?
North America was the largest region in the cryogenic transportation services market in 2023. The regions covered in the cryogenic transportation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the cryogenic transportation services market?
Major companies operating in the cryogenic transportation services market are United Parcel Service Inc., Linde plc, Kenan Advantage Group Inc., Marken Ltd., McCollister Transportation Group Inc, FIBA Technologies Inc., New England Cryogenic Center Inc., Autosped G Inc., GenOx Transportation Inc., Wessington Cryogenics Ltd., COREX Logistics Inc., Applied Cryo Technologies Inc., LGT Transport Inc., Hingham Moving & Storage Inc., US Cryo Carriers Inc., Pacific CA Systems Inc., Chart Ferox a.s., Krison Engineering Works Pvt. Ltd., Super Cryogenic Systems Private Limited, Herose Limited
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=18556&type=smp
What Is Covered In The Cryogenic Transportation Services Global Market Report?
•Market Size Forecast: Examine the cryogenic transportation services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cryogenic transportation services market for a structured understanding.
•Key Players Overview: Analyze major players in the cryogenic transportation services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cryogenic transportation services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cryogenic transportation services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cryogenic transportation services market.
•Industry Challenges: Identify potential risks and obstacles affecting the cryogenic transportation services market.
•Competitive Landscape: Review strategic developments in the cryogenic transportation services market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Transportation Services Market Poised for 6.8 % Growth, Set to Hit $0.92 Billion by 2029 here
News-ID: 3922981 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Automotive Solenoid Marke …
The automotive solenoid market is on the verge of significant expansion as advancements in technology and vehicle electrification continue to accelerate. Increasing integration of smart systems and the growing demand for efficient, eco-friendly automotive solutions are set to drive this market's development through the end of the decade.
Expected Growth Trajectory for the Automotive Solenoid Market by 2030
The automotive solenoid market is projected to reach a valuation of $7.81 billion…
Automotive Night Vision System Market Analysis: Major Segments, Strategic Develo …
The automotive night vision system market is set to experience significant expansion over the coming years, driven by technological advancements and growing safety demands. As vehicle manufacturers continue to integrate more sophisticated safety features, this market shows promising potential for rapid growth and innovation through 2030.
Projected Expansion of the Automotive Night Vision System Market Size Through 2030
The market size for automotive night vision systems is anticipated to reach $7.24…
Segment Analysis and Major Growth Areas in the Automotive HVAC Market
The automotive HVAC market is on a trajectory of significant growth as vehicle climate control systems evolve with advanced technologies. Innovations aimed at improving energy efficiency and passenger comfort are driving the sector forward, setting the stage for substantial expansion through 2030. Let's explore the current market size, key players, influential trends, and detailed segment insights shaping this dynamic industry.
Automotive HVAC Market Size and Growth Outlook Through 2030
The automotive…
Key Strategic Developments and Emerging Changes Shaping the Automotive Electroni …
The automotive electronic controller market is on track for impressive expansion as technology continues to transform the automotive sector. With the industry embracing smarter and more connected vehicle systems, the demand for advanced controllers that manage and optimize vehicle functions is rapidly increasing. Below, we explore the market's projected growth, key players, notable trends, and the main segments shaping this dynamic field.
Projected Market Size and Growth of the Automotive Electronic…
More Releases for Cryo
Ghexa Research Centre Accelerates Structural Biology and Drug Discovery with Hig …
BENGALURU, India - Ghexa Research Centre (GRC), a premier provider of analytical microscopy solutions, is now offering specialized Cryo-Electron Microscopy (Cryo-EM) characterization services. This capability provides pharmaceutical researchers and structural biologists with a direct pathway to visualize complex biological targets at near-atomic resolution, bypassing the limitations of traditional crystallography.
Overcoming the Crystallization Barrier
The pharmaceutical industry faces a critical challenge: many high-value drug targets, such as G-Protein Coupled Receptors (GPCRs) and membrane…
Cryo Electron Microscopy (Cryo-EM) Services Market Set to Witness Significant Gr …
Worldwide Market Reports has recently released a comprehensive research study titled "Cryo Electron Microscopy (Cryo-EM) Services Market Size and Forecast 2025-2032: Breakdown by Manufacturers, Key Regions, Types, and Applications." The report has been developed using a combination of primary and secondary research methodologies, ensuring a detailed and accurate analysis. Drawing insights from both historical data and future projections, the study highlights the expected growth of the Cryo Electron Microscopy (Cryo-EM)…
Whole Body Cryotherapy Market Analysis By Top Keyplayers - JUKA, MECOTEC, Cryome …
The "Whole Body Cryotherapy Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Whole Body Cryotherapy Market, 2024-2031
Verified Market Research's most recent report, "Whole Body Cryotherapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides…
Cryo Electron Microscopy (Cryo-EM) Services Market SWOT Analysis by Leading Key …
The Latest published market study on Global Cryo Electron Microscopy (Cryo-EM) Services Market provides an overview of the current market dynamics in the Cryo Electron Microscopy (Cryo-EM) Services space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2029. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify…
Localized Cryotherapy Machines Market | CRYO Science, CRYONiQ, Cryo Manufacturin …
The global localized cryotherapy machines market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the localized cryotherapy machines market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Cord Blood Banking Services Market: Everything You Need to Know | Cryo-Cell, Can …
The ' Cord Blood Banking Services market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Cord Blood Banking Services market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Cord Blood…
