Cryogenic Equipment Market Size to Grow $16.6 billion by 2028
According to a research report “Cryogenic Equipment Market by Equipment (Tanks, Valves, Vaporizers, Pumps), Cryogen (Nitrogen, Argon, Oxygen, LNG, Hydrogen), End-user Industry (Energy & Power, Chemical, Metallurgy, Transportation), System Type, Application & Region – Forecast to 2028″ published by MarketsandMarkets, the global cryogenic equipment market is projected to reach...
Cryogenic Equipment Market to Grow $17.4 billion by 2027
According to a research report “Cryogenic Equipment Market by Equipment (Tanks, Valves, Vaporizers, Pumps), Cryogen (Nitrogen, Argon, Oxygen, LNG, Hydrogen), End-User (Energy, Chemicals, Metallurgy, Transportation), System Type (Storage, Handling, Supply) & Region – Global forecast to 2027″ published by MarketsandMarkets, the global cryogenic equipment market is projected...
Cryogenic Equipment Market: High demand for industrial gases from the metallurgy and energy industries to Drives Market
Cryogenic Equipment Market New Revenue Pockets:
The global cryogenic equipment market
is projected to reach USD 17.1 billion by 2025 from an estimated USD
12.6 billion in 2020, at a CAGR of 6.4% during the forecast period.
Rising demand for LNG across regions is creating demand opportunities
for cryogenic equipment. Also, the increasing number of air separation
units projects are driving the...
Increasing Demand for Industrial Gases and Investments in LNG Infrastructure is Driving the Cryogenic Equipment Market
The cryogenic equipment market is projected to reach USD 17.1 billion by 2025 from an estimated USD 12.6 billion in 2020, at a CAGR of 6.4% during the forecast period. Increasing demand for industrial gases and investments in LNG infrastructure is driving the cryogenic equipment market. Moreover, the increasing demand for industrial gases from cryogenic energy storage and cryoelectronics...