The global cryogenic equipment market is expected to reach $11.7 billion by 2025 from $12.6 billion in 2020 at a CAGR of 6% over the forecast period. The growing demand for industrial gas and investment in LNG infrastructure are leading the cryogenic equipment market.
A full report of Cryogenic Equipment Market is available at: https://www.orionmarketreports.com/cryogenic-equipment-market/10627/
Cryogenic Equipment Market Key Segments
Based on equipment
• Tanks
• Valves
• Vaporizers
• Pumps
• Others (Others include all other cryogenic equipment such as Pipe, Regulator, Freezer, Dewar, Strainer, Sampler, Heat Exchangers, Leak Detection Equipment, and Accessories)
Based on the Cryogen
• Nitrogen
• Argon
• Oxygen
• LNG
• Others (Helium, Nitrous Oxide, Hydrogen, and Carbon Dioxide)
Based on end-user
• Energy & power
• Chemicals
• Metallurgy
• Electronics
• Shipping
• Others (Food & Beverage, Healthcare, Aerospace, and Rail Transport)
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
