Global Cryogenic Market - Growth, Trends and Forecasts (2016 - 2021)

  • ID: 3611853
  • Report
  • Region: Global
  • 116 pages
  • Mordor Intelligence
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The Global Cryogenic Equipment Market is Expected to Reach 22 Billion USD by 2020 With a CAGR of 7.8% from 2015 to 2020


  • Acme Cryogenics Inc
  • Chart Industries Inc
  • Cryoquip
  • Inox India Ltd. (India)
  • Linde AG
  • Taylor-Wharton
  • MORE
With the increase in the industrialization and power demand, the use of cryogenic equipment is on rise as they can be used in several high end application such as rocket fuel, food processing industry for the transportation of food, medical applications like MRI, dead cell preservation, rare blood storage. It is seen increase in the usage of cryogenic equipment in entertainment industry for special effects. Also, with the increase in the exploration and production of the conventional and shale reserves, the demand for the cryogenic equipment is on rise. Among the major regions across the globe, APAC leads the market with almost 35 % market share and is followed by Europe, North America and others.

The energy and power industry is the largest consumer which utilizes cryogenic equipment, from small equipment to a big tank. It is estimated that the energy and power industry accounts for 38% of the market share. The equipment is used to handle, transfer, store Liquefied cryogenic gases such as Oxygen, Hydrogen, Nitrogen, Argon, etc.

Cryogenic Equipment are designed to handle the temperatures below -150 degrees Celsius and are used to handle extremely cold liquid in its state by creating a vacuum between inner and outer body and consists of Valves, Tanks, Vaporizers and Pumps.

The initial high costs and the skilled man power are some of the restraining factors, but with the improvement in the technology, geo political changes and the usage of cryogenic equipment in various industries is driving the market growth.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received
Note: Product cover images may vary from those shown
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  • Acme Cryogenics Inc
  • Chart Industries Inc
  • Cryoquip
  • Inox India Ltd. (India)
  • Linde AG
  • Taylor-Wharton
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 Market Definition
1.3 Base Currency
1.4 Review and Forecast Period Years
1.5 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric Forecast Model
2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Overview and Industry Trends
5.1 Current Market Scenario
5.2 Technology Overview
5.3 Recent Developments
5.4 Industry Value-Chain Analysis
5.5 Porter’s Five Forces
5.5.1 Bargaining Power of Suppliers
5.5.2 Bargaining Power of Consumers
5.5.3 Threat of New Entrants
5.5.4 Threat of Substitute Products and Services
5.5.5 Competitive Rivalry within the Industry

6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Growing Power Demand
6.1.2 Rapid industrial Development
6.2 Market Restraints
6.2.1 High Initial Costs
6.3 Opportunities
6.3.1 Environmental protection Systems
6.3.2 Government Regulations
6.4 Challenges
6.4.1 Geopolitical Changes

7. Global Cryogenic Equipment Market, By Types
7.1 Overview
7.2 Tank
7.3 Valve
7.4 Vaporizer
7.5 Pump
7.6 Others ( Dewars, Tunnel Freezers. Strainers and Samplers)

8. Global Cryogenic Equipment Market, By Application
8.1 Overview
8.2 Energy & Power
8.3 Chemicals
8.4 Electronics
8.5 Metallurgy
8.6 Ship Building
8.7 Others ( Defence industry, Food Processing, Animal husbandry, Aerospace & Railroad)

9. Global Cryogenic Equipment Market, By Cryogen Gases
9.1 Nitrogen
9.2 Oxygen
9.3 Argon
9.4 LNG
9.5 Others ( Helium, Hydrogen and Carbon dioxide)

10. Air Quality Electrostatic Precipitators Market, By Geography
10.1 North America
10.2 South America
10.3 Asia-Pacific
10.4 Europe
10.5 Middle East
10.6 Africa

11. Competitive Landscape
11.1 Mergers & Acquisitions
11.2 Joint Ventures
11.3 Market Share Analysis

12. Key Company Analysis
12.1 Introduction
12.2 Chart Industries Inc
12.3 Linde Group AG
12.4 V.R.V Group
12.5 Inox India Ltd. (India)
12.6 Air Liquide S.A
12.7 Cryofab Inc.
12.8 Acme Cryogenics Inc
12.9 Beijing Tianhai Industry Co., Ltd
12.10 Cryoquip
12.11 Linde AG
12.12 HEROSE GmbH
12.13 Taylor-Wharton
12.14 Wessington Cryogenics Ltd
12.15 JSC Cryogenmash

13. Appendix
13.1 Contact Us
13.2 Disclaimer
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  • Acme Cryogenics Inc
  • Air Liquide S.A
  • Beijing Tianhai Industry Co., Ltd
  • Chart Industries Inc
  • Cryofab Inc.
  • Cryoquip
  • Inox India Ltd. (India)
  • JSC Cryogenmash
  • Linde AG
  • Linde Group AG
  • Taylor-Wharton
  • V.R.V Group
  • Wessington Cryogenics Ltd
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown