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The global cryogenic equipment market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2021-2027). The significant rise in the trade of liquid natural gas (LNG) owing to increasing usage of LNG by the countries to phase out the non-renewable source of energy high cost of anticipated to drive the growth of cryogenic equipment market.
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Orion Market Research Global Cryogenic Equipment Market, Size, Share, Analysis Report & Forecast to 2027 To Request a Sample of our Report on Global Cryogenic Equipment Market: https://www.omrglobal.com/request-sample/cryogenic-equipment-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global cryogenic equipment market global cryogenic equipment market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period. With the significant rise in the demand for medical oxygen for the treatment of COVID-19 patients, a major hike in the demand for cryogenic tanks has been noticed across the globe. To meet the growing demand for cryogenic oxygen key market players of cryogenic equipment are adopting different growth strategies to maintain their competitiveness in the market. Geographical expansion, production facility expansion, mergers & acquisitions, partnerships, and collaboration among others are among some of the key strategies that are being adopted by market players. (Get 15% Discount on Buying this Report) A full Report of Global Cryogenic Equipment Market is Available at: https://www.omrglobal.com/industry-reports/cryogenic-equipment-market For instance, in April 2020, Linde Plc signed a new contract with Indian Oil Corp. Ltd. (IOCL), the largest refiner in India. Praxair India Pvt. Ltd., a wholly-owned subsidiary of Linde, announced to build, own and operate an air separation unit (ASU) to supply oxygen and nitrogen to its incumbent customer, IOCL, for its refinery at Paradip, Orissa. The project is anticipated to support the expansion of the existing refinery into an integrated petrochemical complex. The plant will have a combined total gas capacity of 660 tons per day. To Request a Sample of our Report on Global Cryogenic Equipment Market: https://www.omrglobal.com/request-sample/cryogenic-equipment-market Market Coverage • The market number available for – 2020-2027 • Base year- 2020 • Forecast period- 2021-2027 Segment Covered- • By Equipment • By Cryogenic Type • By End-User Vertical Regions Covered- • North America • Europe • Asia-Pacific • Rest of the World Competitive Landscape- CryoFab Inc., Emerson Electric Co., Herose GmbH, Honeywell International Inc., Linde PLC, and Thermo Fisher Scientific Inc. Global Cryogenic Equipment Market Report Segment By Equipment • Tanks • Valves • Pumps & Vaporizers • Vacuum Jacketed Pipes By Cryogenics Type
• • • • Oxygen Nitrogen Argon Natural Gas By End-User Vertical • • • • • • Regional Analysis North America •United States •Canada Oil & Gas Energy & Power Food & Beverages Medical & Healthcare Chemical Marine & Aerospace Europe •UK •Germany •Spain •France •Italy •Rest of Europe Asia-Pacific •India •China •Japan •Rest oF APAC Rest of The World Company Profiles • • • • • • • • • • Acme CRYOGENIC, Inc. Air Products and Chemicals, Inc. Beijing Tianhai Industry Co., Ltd. Chart Industries CryoFab, Inc. Cryolor Emerson Electric Co. Flowserve Corp. Furuise Europe Herose GmbH
• • • • • • • • • • • • Honeywell International Inc. INOX India Pvt. Ltd. (INOXCVA) IWI Cryogenic Vaporization Systems (India) Pvt. Ltd. Linde PLC Parker-Hannifin Corp. PBS Group, A.S. Shell-N-Tube Pvt. Ltd. Sumitomo Heavy Industries, Ltd. Taylor-Wharton Thermo Fisher Scientific, Inc. VRV S.p. A. Wessington CRYOGENIC, Ltd. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/cryogenic-equipment-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404