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

Friday, March 10, 2017 4:59
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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.

In addition, increasing applications in others sectors like electronics, chemicals and the increasing number of collaborations has helped the market to grow further. Reduction of steel plants can affect the growth of this market as cryogenic pumps are being used in steel plants for transportation of cryogenic gases.

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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

  • Positive Displacement Pumps
  • Kinetic Pumps
  • Entrapment Pumps

By Gases

  • Nitrogen
  • Hydrogen
  • Helium
  • Argon
  • Others (Neon, Oxygen, LNG)

By Application

  • Healthcare
  • Power Generation Industry
  • Electrical & Electronics Industry
  • Metallurgy Industry
  • Others (Chemicals, Liquor)

By Geography

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • U.K.
  • France
  • Others

Asia-Pacific

  • Japan
  • China
  • India
  • Others

LAMEA

  • Brazil
  • South Africa
  • UAE
  • Others

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