Cryogenic Pump Market Is Booming Worldwide with Atlas Copco AB, EBARA CORPORATION, SHI Cryogenics Group
Due to the rising demand for liquefied natural gas (LNG) and the increased usage of cryogenic technology in the healthcare and food industries, the cryogenic pump industry is expected to experience considerable expansion over the next few years. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth....
The Future of the Cryogenic Pump Market Growth, And Research Report Breakdown
The global cryogenic pump market
is projected to reach USD 1.5 billion by 2027 from an estimated market
size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast
period. The factors driving the growth for cryogenic pump market is the
rise in demand for cryogenic pumps from the energy & power industry,
especially the oil & gas sector.
Key Market Players:
The cryogenic...
Cryogenic Pump Market May Reach to $1.5 billion by 2027
According to the new market research report “Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region – Global forecast to 2027″, is projected to reach USD 1.5 billion by 2027 from an estimated...