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Cryogenic Equipment-Global Market Insights and Sales Trends 2024

Cryogenic Equipment-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1849484

No of Pages : 110

Synopsis
Cryogenics is the study of the production of very low temperatures (below 123 K) and the behaviour of materials at those temperatures. Cryogenics uses the Kelvin scale of temperature. Liquefied gases such as liquid nitrogen and liquid helium are used in many cryogenic applications. Cryogenic equipment is used to generate, sustain or operate at extremely low temperatures. The generally acceptable division between refrigeration and cryogenics is minus 180 degrees Celsius. Typical equipment used in cryogenic applications includes containers, pressure vessels, cold traps, purifiers, and piping.
The global Cryogenic Equipment market size is expected to reach US$ 21040 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Cryogenic Equipment in various end use industries. The expanding demands from the Food Processing and Freezing, Water Treatment, Aerospace and Hydrogen Fueling, are propelling Cryogenic Equipment market. Valve, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tank segment is estimated at % CAGR for the next seven-year period.
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 Others 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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cryogenic Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cryogenic Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cryogenic Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cryogenic Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cryogenic Equipment covered in this report include Ceramtec North America, Nikkiso, Beijing Tianhai Industry, Sumitomo Heavy Industries, Flowserve Corp, Mcdermott International, Furuise Europe, Cryostar Group and Chart Industries, etc.
The global Cryogenic Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ceramtec North America
Nikkiso
Beijing Tianhai Industry
Sumitomo Heavy Industries
Flowserve Corp
Mcdermott International
Furuise Europe
Cryostar Group
Chart Industries
Cryofab
Inoxcva
Linde
VRV
Wessington Cryogenics
Suzuki Shokan
Auguste Cryogenics
PBS Group
Thames Cryogenics
Global Cryogenic Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cryogenic Equipment market, Segment by Type:
Valve
Tank
Vaporizer
Pump
Others
Global Cryogenic Equipment market, by Application
Food Processing and Freezing
Water Treatment
Aerospace
Hydrogen Fueling
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cryogenic Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cryogenic Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Cryogenic Equipment Market Overview
1.1 Cryogenic Equipment Product Overview
1.2 Cryogenic Equipment Market Segment by Type
1.2.1 Valve
1.2.2 Tank
1.2.3 Vaporizer
1.2.4 Pump
1.2.5 Others
1.3 Global Cryogenic Equipment Market Size by Type
1.3.1 Global Cryogenic Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global Cryogenic Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Cryogenic Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Cryogenic Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Cryogenic Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Cryogenic Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Cryogenic Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Cryogenic Equipment Sales Breakdown by Type (2018-2023)
2 Global Cryogenic Equipment Market Competition by Company
2.1 Global Top Players by Cryogenic Equipment Sales (2018-2023)
2.2 Global Top Players by Cryogenic Equipment Revenue (2018-2023)
2.3 Global Top Players by Cryogenic Equipment Price (2018-2023)
2.4 Global Top Manufacturers Cryogenic Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Cryogenic Equipment Market Competitive Situation and Trends
2.5.1 Cryogenic Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Cryogenic Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cryogenic Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into Cryogenic Equipment Market
2.8 Key Manufacturers Cryogenic Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Cryogenic Equipment Status and Outlook by Region
3.1 Global Cryogenic Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Cryogenic Equipment Historic Market Size by Region
3.2.1 Global Cryogenic Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global Cryogenic Equipment Sales in Value by Region (2018-2023)
3.2.3 Global Cryogenic Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Cryogenic Equipment Forecasted Market Size by Region
3.3.1 Global Cryogenic Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global Cryogenic Equipment Sales in Value by Region (2024-2029)
3.3.3 Global Cryogenic Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Cryogenic Equipment by Application
4.1 Cryogenic Equipment Market Segment by Application
4.1.1 Food Processing and Freezing
4.1.2 Water Treatment
4.1.3 Aerospace
4.1.4 Hydrogen Fueling
4.1.5 Others
4.2 Global Cryogenic Equipment Market Size by Application
4.2.1 Global Cryogenic Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global Cryogenic Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Cryogenic Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Cryogenic Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Cryogenic Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Cryogenic Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Cryogenic Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Cryogenic Equipment Sales Breakdown by Application (2018-2023)
5 North America Cryogenic Equipment by Country
5.1 North America Cryogenic Equipment Historic Market Size by Country
5.1.1 North America Cryogenic Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Cryogenic Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America Cryogenic Equipment Sales in Value by Country (2018-2023)
5.2 North America Cryogenic Equipment Forecasted Market Size by Country
5.2.1 North America Cryogenic Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America Cryogenic Equipment Sales in Value by Country (2024-2029)
6 Europe Cryogenic Equipment by Country
6.1 Europe Cryogenic Equipment Historic Market Size by Country
6.1.1 Europe Cryogenic Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Cryogenic Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe Cryogenic Equipment Sales in Value by Country (2018-2023)
6.2 Europe Cryogenic Equipment Forecasted Market Size by Country
6.2.1 Europe Cryogenic Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe Cryogenic Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific Cryogenic Equipment by Region
7.1 Asia-Pacific Cryogenic Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Cryogenic Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Cryogenic Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Cryogenic Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Cryogenic Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Cryogenic Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Cryogenic Equipment Sales in Value by Region (2024-2029)
8 Latin America Cryogenic Equipment by Country
8.1 Latin America Cryogenic Equipment Historic Market Size by Country
8.1.1 Latin America Cryogenic Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Cryogenic Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Cryogenic Equipment Sales in Value by Country (2018-2023)
8.2 Latin America Cryogenic Equipment Forecasted Market Size by Country
8.2.1 Latin America Cryogenic Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Cryogenic Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa Cryogenic Equipment by Country
9.1 Middle East and Africa Cryogenic Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Cryogenic Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Cryogenic Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Cryogenic Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Cryogenic Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Cryogenic Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Cryogenic Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ceramtec North America
10.1.1 Ceramtec North America Company Information
10.1.2 Ceramtec North America Introduction and Business Overview
10.1.3 Ceramtec North America Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ceramtec North America Cryogenic Equipment Products Offered
10.1.5 Ceramtec North America Recent Development
10.2 Nikkiso
10.2.1 Nikkiso Company Information
10.2.2 Nikkiso Introduction and Business Overview
10.2.3 Nikkiso Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nikkiso Cryogenic Equipment Products Offered
10.2.5 Nikkiso Recent Development
10.3 Beijing Tianhai Industry
10.3.1 Beijing Tianhai Industry Company Information
10.3.2 Beijing Tianhai Industry Introduction and Business Overview
10.3.3 Beijing Tianhai Industry Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Beijing Tianhai Industry Cryogenic Equipment Products Offered
10.3.5 Beijing Tianhai Industry Recent Development
10.4 Sumitomo Heavy Industries
10.4.1 Sumitomo Heavy Industries Company Information
10.4.2 Sumitomo Heavy Industries Introduction and Business Overview
10.4.3 Sumitomo Heavy Industries Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Sumitomo Heavy Industries Cryogenic Equipment Products Offered
10.4.5 Sumitomo Heavy Industries Recent Development
10.5 Flowserve Corp
10.5.1 Flowserve Corp Company Information
10.5.2 Flowserve Corp Introduction and Business Overview
10.5.3 Flowserve Corp Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Flowserve Corp Cryogenic Equipment Products Offered
10.5.5 Flowserve Corp Recent Development
10.6 Mcdermott International
10.6.1 Mcdermott International Company Information
10.6.2 Mcdermott International Introduction and Business Overview
10.6.3 Mcdermott International Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mcdermott International Cryogenic Equipment Products Offered
10.6.5 Mcdermott International Recent Development
10.7 Furuise Europe
10.7.1 Furuise Europe Company Information
10.7.2 Furuise Europe Introduction and Business Overview
10.7.3 Furuise Europe Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Furuise Europe Cryogenic Equipment Products Offered
10.7.5 Furuise Europe Recent Development
10.8 Cryostar Group
10.8.1 Cryostar Group Company Information
10.8.2 Cryostar Group Introduction and Business Overview
10.8.3 Cryostar Group Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Cryostar Group Cryogenic Equipment Products Offered
10.8.5 Cryostar Group Recent Development
10.9 Chart Industries
10.9.1 Chart Industries Company Information
10.9.2 Chart Industries Introduction and Business Overview
10.9.3 Chart Industries Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chart Industries Cryogenic Equipment Products Offered
10.9.5 Chart Industries Recent Development
10.10 Cryofab
10.10.1 Cryofab Company Information
10.10.2 Cryofab Introduction and Business Overview
10.10.3 Cryofab Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Cryofab Cryogenic Equipment Products Offered
10.10.5 Cryofab Recent Development
10.11 Inoxcva
10.11.1 Inoxcva Company Information
10.11.2 Inoxcva Introduction and Business Overview
10.11.3 Inoxcva Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Inoxcva Cryogenic Equipment Products Offered
10.11.5 Inoxcva Recent Development
10.12 Linde
10.12.1 Linde Company Information
10.12.2 Linde Introduction and Business Overview
10.12.3 Linde Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Linde Cryogenic Equipment Products Offered
10.12.5 Linde Recent Development
10.13 VRV
10.13.1 VRV Company Information
10.13.2 VRV Introduction and Business Overview
10.13.3 VRV Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.13.4 VRV Cryogenic Equipment Products Offered
10.13.5 VRV Recent Development
10.14 Wessington Cryogenics
10.14.1 Wessington Cryogenics Company Information
10.14.2 Wessington Cryogenics Introduction and Business Overview
10.14.3 Wessington Cryogenics Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Wessington Cryogenics Cryogenic Equipment Products Offered
10.14.5 Wessington Cryogenics Recent Development
10.15 Suzuki Shokan
10.15.1 Suzuki Shokan Company Information
10.15.2 Suzuki Shokan Introduction and Business Overview
10.15.3 Suzuki Shokan Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Suzuki Shokan Cryogenic Equipment Products Offered
10.15.5 Suzuki Shokan Recent Development
10.16 Auguste Cryogenics
10.16.1 Auguste Cryogenics Company Information
10.16.2 Auguste Cryogenics Introduction and Business Overview
10.16.3 Auguste Cryogenics Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Auguste Cryogenics Cryogenic Equipment Products Offered
10.16.5 Auguste Cryogenics Recent Development
10.17 PBS Group
10.17.1 PBS Group Company Information
10.17.2 PBS Group Introduction and Business Overview
10.17.3 PBS Group Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.17.4 PBS Group Cryogenic Equipment Products Offered
10.17.5 PBS Group Recent Development
10.18 Thames Cryogenics
10.18.1 Thames Cryogenics Company Information
10.18.2 Thames Cryogenics Introduction and Business Overview
10.18.3 Thames Cryogenics Cryogenic Equipment Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Thames Cryogenics Cryogenic Equipment Products Offered
10.18.5 Thames Cryogenics Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Cryogenic Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Cryogenic Equipment Industrial Chain Analysis
11.4 Cryogenic Equipment Market Dynamics
11.4.1 Cryogenic Equipment Industry Trends
11.4.2 Cryogenic Equipment Market Drivers
11.4.3 Cryogenic Equipment Market Challenges
11.4.4 Cryogenic Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Cryogenic Equipment Distributors
12.3 Cryogenic Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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