Cryogenic Equipment Market Size, Growth & Strategic Outlook
The global cryogenic equipment market was valued at USD 11.9 billion in 2023 and is projected to reach USD 16.6 billion by 2028, growing at a CAGR of 6.9%. Cryogenic equipment enables the safe storage, transport, and handling of materials at extremely low temperatures, supporting industries such as energy, chemicals, metallurgy, healthcare, and transportation. Its applications range from liquefied...
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...