Cryogenic Equipment Market (Updated Version Available)

The report offers detailed coverage of Cryogenic Equipment industry and main market trends. Based on end-user, the energy & power sector is the largest end-user for cryogenic equipment among all the industries. Transportation and storage of LNG is the major application of cryogenic equipment in the energy and power sector. The natural gas segment in the energy & power sector has transformed due to technological advancements and made extraction of natural gas economically viable. Moreover, countries such as the U.S. and China are focusing on reducing carbon emissions, which is expected to increase gas-based generation. With this positive outlook, the demand for cryogenic equipment in this sector is likely to grow during the forecast period.
The report segments the cryogenic equipment market on the basis of cryogen type into nitrogen, oxygen, argon, LNG, and other cryogens. Although the oil & gas sector is witnessing a downturn, the LNG segment is expected to grow at the fastest pace. LNG demand is increasing across the globe and this demand is attributed to increase in gas-based power plants and shifting of locomotives and marine transport toward LNG for fuel.

The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cryogenic Equipment by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Cryogenic Equipment market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Cryogenic Equipment market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.


First, this report covers the present status and the future prospects of the global Cryogenic Equipment market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Air Liquide
Beijing Tianhai Industry Co., Ltd.
Chart Industries Inc.
Cryofab Inc.
Cryoquip LLC.
Emerson
Flowserve Corporation
Graham Partners
Parker Hannifin
Herose GmbH
INOX India Ltd.
Linde Group AG
Taylor-Wharton International LLC.
VRV S.P.A
Wessington Cryogenics Ltd.

At the same time, we classify Cryogenic Equipment according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Nitrogen
Oxygen
Argon
LNG
Other Cryogens
Market by Application
Energy & Power
Chemical
Metallurgy
Electronics
Shipping
Other Industries

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cryogenic Equipment market for the forecast period 2021 - 2028?
• What are the driving forces in the Cryogenic Equipment market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cryogenic Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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