2017 Forecast - Cryogenic Pump Global Market, Industry Size, Share, Analysis and Opportunities to 2023.

Latest industry research report on Cryogenic Pump Market. Cryogenic pump market develops in parallel with developments in liquefaction. The demand of the medical gases, renewable based generation of electricity; rising investments in infrastructure are major factors driving the cryogenic pump market. Further growth is expected in cryogenic pump market with increasing use of liquefied natural gases in power generation sector.

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Cryogenics pump are a special type of centrifugal pump used in industries to pump very low temperature liquids and coolants. They are made up of special elastomers and are hermetically sealed in order to withstand low temperatures and avoid heat leakage. Cryogenic pumps consist of one or more impellers and a diffuser.

Velocity inside a cryogenic pump is converted into pressure through diffusion process. The cryogenic pump designing technology has uniquely clubbed technological vacuum considerations and cryogenic aspects. Cryogenic pumps are used for refrigeration purposes with the help of cryogenic gases like liquid nitrogen, argon etc. They have safety against power breakdown, as they do not require electric supply with liquid cryogens.

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The emergence of cryogenic pumps has addressed carbon emission problems. Moreover, properties like higher isentropic efficiency, radial force balance, minimal maintenance, reliability, no shaft seal and bearings problems and high safety levels have made them ideal for industrial use.

The report segments the cryogenic pump market based on type, gas, application and geography.

By Type

By Gases

By Application

By Geography

North America

Europe

Asia-Pacific

LAMEA

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