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Worldwide Cryogenic Equipment Market 2016 Overview, Analysis, Trends, Growth and Forecasts

Thursday, December 1, 2016 1:46
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Cryogenic technology involves production, maintenance, and application of low temperatures below 150⁰F. This technology has increased its scope of application from cold storage to core processes in various end-user industries. The petrochemical and chemical industry holds a major revenue share in the global cryogenic equipment market. The applications of cryogenic equipment such as valves, pumps, vaporizers, and storage tanks in the petrochemical and chemical industry play a crucial role in maintaining the temperature of LNG and preventing leakages.

Publisher’s analysts forecast the global cryogenic equipment market to grow at a CAGR of 6.05% during the period 2016-2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global cryogenic equipment market for 2016-2020. To calculate the market size, the report estimates the demand for cryogenic equipment from various end-user industries such as petrochemical and chemical, metallurgy, power, semiconductors, and others.

The market is divided into the following segments based on geography: 
- Americas

Publisher’s report, Global Cryogenic Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- Chart Industries
- Cryofab
- Linde
- Wessington Cryogenics


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Market driver 
- Natural gas set to surpass coal in primary energy mix in coal-dominant economies
- For a full, detailed list, view our report 

Market challenge 
- Operational issues in LNG plants
- For a full, detailed list, view our report 

Market trend 
- Technological advances enhance scope of cryogenics
- For a full, detailed list, view our report 

Inquire for Report at

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Call: +1-646-491-9876

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