Cryogenic Equipment Market: Rapid Growth and Key Research Insights
The global cryogenic equipment market is projected to reach $16.6 billion in 2028, growing at a CAGR of 6.9% from 2023 to 2028, according to MarketsandMarkets research.
The rising adoption of liquefied natural gas (LNG) as a clean and efficient energy source, along with the increasing use of industrial gases in metallurgy, oil & gas, and energy & power sectors, is fueling the expansion...
Small-Scale LNG Market Size, Opportunities, Share, Industry Analysis, Top Companies, Growth Projections, Regional Trends, Key Segments, Graph and Forecast
The Small-Scale LNG (SSLNG) market refers to the production, distribution, and utilization of liquefied natural gas (LNG) in smaller quantities compared to traditional large-scale LNG projects. It encompasses the infrastructure, technologies, and supply chain involved in liquefaction, transportation, storage, and regasification of LNG for various applications with a capacity of less than...
Small-Scale LNG Market Predicted to Grow at 14.9% CAGR, Reaching $92.8 Billion by 2028
According to MarketsandMarkets projects that the global small-scale LNG market will grow from USD 46.4 billion in 2022 to USD 92.8 billion by 2028, at a CAGR of 14.9%, during the forecast period. The global energy landscape is witnessing a significant shift towards cleaner and more sustainable fuel options. In this transition, small-scale LNG (liquefied natural gas) has emerged as a flexible and...