Cryogenic Equipment

The Detailed Market intelligence report on the Global Cryogenic Equipment Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Global Cryogenic Equipment Market place for the forecast 2021– 2027.
Based on end-user, the energy & power sector is the largest end-user for cryogenic equipment among all the industries. Transportation and storage of LNG is the major application of cryogenic equipment in the energy and power sector. The natural gas segment in the energy & power sector has transformed due to technological advancements and made extraction of natural gas economically viable. Moreover, countries such as the U.S. and China are focusing on reducing carbon emissions, which is expected to increase gas-based generation. With this positive outlook, the demand for cryogenic equipment in this sector is likely to grow during the forecast period.

The report segments the cryogenic equipment market on the basis of cryogen type into nitrogen, oxygen, argon, LNG, and other cryogens. Although the oil & gas sector is witnessing a downturn, the LNG segment is expected to grow at the fastest pace. LNG demand is increasing across the globe and this demand is attributed to increase in gas-based power plants and shifting of locomotives and marine transport toward LNG for fuel.

In 2019, the market size of Cryogenic Equipment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 6.0% from 2019. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cryogenic Equipment.

This report studies the global market size of Cryogenic Equipment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Cryogenic Equipment production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2027.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:

 Air Liquide
 Beijing Tianhai Industry Co., Ltd.
 Chart Industries Inc.
 Cryofab Inc.
 Cryoquip LLC.
 Emerson
 Flowserve Corporation
 Graham Partners
 Parker Hannifin
 Herose GmbH
 INOX India Ltd.
 Linde Group AG
 Taylor-Wharton International LLC.
 VRV S.P.A
 Wessington Cryogenics Ltd.

Market Segment by Product Type

 Nitrogen
 Oxygen
 Argon
 LNG
 Other Cryogens

Market Segment by Application

 Energy & Power
 Chemical
 Metallurgy
 Electronics
 Shipping
 Other Industries

Key Regions split in this report: breakdown data for each region.

 United States
 China
 European Union
 Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:

 To analyze and research the Cryogenic Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

 To present the key Cryogenic Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.

 To split the breakdown data by regions, type, companies and applications

 To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

 To identify significant trends, drivers, influence factors in global and regions

 To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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