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 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....
Floating LNG Power Vessel Market to exceed $931.6 Million by 2023
The global floating LNG power vessel market is expected to grow from an estimated $860.1 million in 2018 to $931.6 million by 2023. The Asia Pacific is estimated to be the largest market, followed by the Middle East & Africa. Factors such as growing population, industrialization and increasing urban business activities, and an increase in the demand for power generation are expected...
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...
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...
Floating LNG Power Vessel Market Size to Reach $931.6 Million by 2023
The global floating
LNG power vessel market is expected to grow from an estimated $860.1
million in 2018 to $931.6 million by 2023. In 2018, the Asia Pacific market is
estimated to be the largest, followed by the Middle East & Africa. Factors
such as growing population, industrialization and increasing urban business
activities, and an increase in the demand for power generation are expected to
drive...
Cryogenic Equipment Market is Likely to Witness High Growth During the Forecast Period
Global Cryogenic Equipment Market Scenario:
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 cryogenic...