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Cryogenic Pump Market

Publisher Coherent Market Insights
Published Nov 26, 2025
Length 169 Pages
SKU # CMI20658464

Description

Cryogenic Pump market has witnessed significant growth over the years. Cryogenic pumps are used in several end-use industries, including oil and gas, power generation, chemical and petrochemical, and metallurgy. The demand for cryogenic pumps in the global market has also been boosted by increasing investments in the energy and power sector. The semiconductor and electronics industries are also major consumers of these pumps. They require ultrahigh vacuums and high pumping speeds. For example, sputtering systems, which are used to produce micron-sized crystals on electronic devices, require a high pumping speed and a hydrocarbon-free ultrahigh vacuum.

Market Dynamics

The increasing use of gases in the health care industry is also expected to contribute to the demand for cryogenic pumps, which is expected to augment growth of the global cryogenic pump market over the forecast period. Moreover, the rising focus on solar energy generation will also create huge opportunities for the industry.

However, volatility of raw material prices, and high cost related to cryogenic plants is expected to impede growth of the global cryogenic pump market over the forecast period.

In January 2022, the cryogenic solution specialist Cryostar announced that it had received NeoVP vertical pumps for the Chinese market. These pumps will be installed in air separation units. NeoVP vertical pumps are designed for easy installation and maintenance, and they also possess hydraulic efficiency, reducing the unit’s carbon footprint and energy costs.

In April 2021, Nikkiso Co., Ltd. announced a new facility adjacent to their primary production test site to increase the efficiency and capability of producing cryogenic submerged electric motor pumps, especially for the LNG market. This facility is also expected to facilitate customer remote-site witness testing.

Key features of the study
  • This report provides in-depth analysis of the global cryogenic pump market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global cryogenic pump market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include KSB SE & Co. KGaA, SHI Cryogenics Group, Nikkiso Co. Ltd., Ebara Corporation, and Fives SAS
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global cryogenic pump market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cryogenic pump market
Market Segmentation
  • By Type
  • Dynamic Pump
  • Positive Displacement Pump
  • By Gas
  • Nitrogen
  • Oxygen
  • Argon
  • LNG
  • Other Gases
  • By End User
  • Oil and Gas
  • Healthcare
  • Chemicals
  • Other End Users
  • By Geography
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa
  • GCC Countries
  • Israel
  • Rest of Middle East & Africa
  • Key Companies Insights
  • KSB SE & Co KGaA
  • SHI Cryogenics Group
  • Nikkiso Co. Ltd.
  • Ebara Corporation
  • Fives SAS

Table of Contents

169 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Gas
Market Snapshot, By End User
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Rise in demand from petrochemical and chemical sector
Rise in consumption of LNG
Restraints
Volatility in prices of raw materials
Regulatory implications
Opportunities
Growing use of cryogenic pumps at hydrogen refueling stations
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Cryogenic Pump Market , By Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends
Dynamic Pump
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Positive Displacement Pump
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
5. Global Cryogenic Pump Market , By Gas, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends
Nitrogen
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Oxygen
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Argon
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
LNG
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Other Gases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
6. Global Cryogenic Pump Market , By End User, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends
Oil and Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Chemicals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
Other End Users
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Mn)
7. Global Cryogenic Pump Market , By Region, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021–2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Gas, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Gas, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Gas, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Gas, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Gas, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
Rest of World
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Gas, 2020-2032,(USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(USD Mn)
8. Competitive Landscape
SHI Cryogenics Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ebara Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Fives SAS
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
KSB SE & Co. KGaA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Nikkiso Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
9. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global Cryogenic Pump Market” - Global forecast to 2032

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