Press release
Lucintel Forecasts the Global Cryogenic Pump Market to Reach $2.5 billion by 2030
According to a market report by Lucintel, the future of the global cryogenic pump market looks promising with opportunities in the nitrogen, hydrogen, helium, and LNG markets. The global cryogenic pump market is expected to reach an estimated $2.5 billion
According to a market report by Lucintel, the future of the global cryogenic pump market [https://www.lucintel.com/cryogenic-pump-market.aspx] looks promising with opportunities in the nitrogen, hydrogen, helium, and LNG markets. The global cryogenic pump market is expected to reach an estimated $2.5 billion by 2030 from $1.9 billion in 2024, at a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are expansion of gas-based power generation, surge in demand of liquified and compressed gas in automotive industry, and increase in demand for medical gas in the healthcare facilities.
A more than 150-page report to understand trends, opportunity and forecast in cryogenic pump market to 2030 by type (centrifugal, and positive displacement), application (nitrogen, hydrogen, helium, and LNG), end use industry (healthcare industry, energy & power generation industry, and electricals & electronics industry, metallurgy industry, and chemicals), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that centrifugal pumps will remain the largest segment over the forecast period owing to its relatively superior operational efficiency.
Within this market, LNG will remain the largest segment.
Download sample by clicking on cryogenic pump market
APAC is expected to witness highest growth over the forecast period due to growing focus on renewable energy sources and increasing investment in metallurgy and energy & power industries in countries like india and china.
Atlas Copco, Ebara Corporation, SHI Cryogenics Group, Nikkiso, Fives, Cryostar, TRILLIUM FLOW TECHNOLOGIES, Gemmecotti Srl, PHPK Technologies, Barber-Nichols are the major suppliers in the cryogenic pump market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1-972-636-5056
Explore Our Latest Publications
Wired Interface Market
Low Friction Coating Market
UVC Light Meters Market
Lubricant Viscosity Index Improver Market
Cat Vaccine Market
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-the-global-cryogenic-pump-market-to-reach-25-billion-by-2030]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.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 Lucintel Forecasts the Global Cryogenic Pump Market to Reach $2.5 billion by 2030 here
News-ID: 4024297 • Views: …
More Releases from ABNewswire
Quest Auto Sales Transforms Used Cars for Sale Market with a Customer-First Fina …
Quest Auto Sales at 4501 L St, Omaha, offers flexible financing and transparent pricing on pre-owned vehicles, driving growth through customer referrals and personalized service in the local market.
The pre-owned vehicle market in Omaha is shifting as Quest Auto Sales [https://www.questautosales.com/] introduces a financing approach that prioritizes customer needs over rigid sales quotas. Located at 4501 L St in Omaha, NE 68117, the dealership has built its reputation on flexible…
Crown Reconstruction Services Inc. Introduces Transparent Pricing Model for Roof …
Crown Reconstruction Services Inc. in Laguna Beach introduces itemized pricing for roofing projects, giving property owners detailed cost breakdowns before work begins.
A Laguna Beach-based contractor is addressing one of the construction industry's most persistent challenges: pricing transparency. Crown Reconstruction Services Inc. [https://crownreconstructionservices.com/], operating from its office at 2055 Laguna Canyon Rd, has implemented a new pricing structure that provides homeowners with detailed, itemized estimates before any work begins.
The roofing industry…
Blue Ocean Life Brings Ocean-Inspired Calm, Resilience, and Freedom to Everyday …
Blue Ocean Life Company LLC spreads a message of healing, balance, and coastal calm through its mission-driven apparel and lifestyle brand. With designs like "Saltwater Heals Everything" and "Find Your Calm," the Cape Cod-based company blends style with purpose, reminding people of the restorative power of the ocean while addressing rising mental health challenges through lifestyle design.
CAPE COD, Mass. - Blue Ocean Life Company LLC is spreading a message of…
Third Hemisphere Strengthens Position as Leading Investment Communications Speci …
Jeremy Liddle [https://thirdhemisphere.agency/about-us] Third Hemisphere has established itself as a specialist in alternative investment communications, expanding capabilities across private credit, growth equity, and venture capital. The agency's regional positioning reflects the increasing sophistication of the Asia-Pacific investment landscape, where institutional allocators are diversifying beyond traditional public markets into private and alternative asset strategies.
The alternative investment environment in the region demands communications expertise that integrates financial understanding, Third Hemisphere, a full…
More Releases for Lucintel
Lucintel Forecasts the Global Carbon Fiber Textile Market
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end use industries. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031
According to a market report by Lucintel, the future of the global carbon fiber…
Lucintel Forecasts Bicycle Market to Reach $62.0 billion
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030
According to the recent study the bicycle market [https://www.lucintel.com/bicycle-market-report.aspx] is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily…
Lucintel Forecasts BRIC Composites Market
According to the recent study the BRIC composites market is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030
According to the recent study the BRIC composites market [https://www.lucintel.com/bric-composites-market.aspx] is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market…
Lucintel Forecasts FRP Pole Market to Reach $277.0 million
According to the recent study the FRP Pole Market is projected to reach an estimated $277.0 million by 2030 from $218.3 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles.
According…
Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023
According to the recent study the acrylonitrile market is projected to reach an estimated $13.0 billion by 2023 from $10.6 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene…
Lucintel Forecasts Recycled Carbon Fiber Market
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.20 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
According to the recent study the recycled carbon fiber…
