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Global Cryogenic Tanks Market to Grow at a CAGR of 7.01% to 2021

Friday, March 17, 2017 4:38
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(Before It's News) adds “Global Cryogenic Tanks Market Research Report 2017”new report to its research database. The report spread across 87 pages with table and figures in it.


Cryogenic technology is primarily involved in the production, maintenance, and application of low temperatures below 150⁰C. The scope of cryogenic applications has increased from cold storage to core processes in many end-user industries. The end-user industries like petrochemicals and chemicals, hold a major share of revenue in the global cryogenic tanks market. The applications of cryogenic equipment such as pumps, vaporizers, valves, and storage tanks in major end-user industries like petrochemicals and chemicals have a vital role in maintaining the temperature and pressure of liquefied natural gas (LNG), thus preventing leakages.


Technavio’s analysts forecast the global cryogenic tanks market to grow at a CAGR of 7.01% during the period 2017-2021.


Covered in this report

The report covers the present scenario and the growth prospects of the global cryogenic tanks market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of cryogenic tanks.


Browse full table of contents and data tables at                  


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

• Americas




Technavio’s report, Global Cryogenic Tanks Market 2017-2021, 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

• INOX India

• Linde


• Wessington Cryogenics


Other prominent vendors

• FIBA Technologies

• Cryoquip

• Gardner Cryogenic


Order a Purchase Report Copy at                        


Market driver

• Increased demand for nitrogen from food processing industry

• For a full, detailed list, view our report


Market challenge

• Declining demand for LNG from South Korea and Japan

• For a full, detailed list, view our report


Market trend

• Technological advances enhance scope of cryogenics

• For a full, detailed list, view our report


Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be? 
What are the key market trends? 
What is driving this market? 
What are the challenges to market growth? 
Who are the key vendors in this market space? 
What are the market opportunities and threats faced by the key vendors? 
What are the strengths and weaknesses of the key vendors?


Request a sample copy at                       


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