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Global Cryogenic Vaporizer Market 2018-2022

Global Cryogenic Vaporizer Market 2018-2022

About Cryogenic Vaporizer

Cryogenic vaporizers are used for regasification of liquefied natural gas at the point of use. It forms one of the essential parts of a cryogenic system.

Technavio’s analysts forecast the global cryogenic vaporizer market to grow at a CAGR of 6.31% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global cryogenic vaporizer market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cryogenic Vaporizer Market 2018-2022, 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
  • Cryonorm
  • INOX Group
  • The Linde Group
Market driver
  • Increasing popularity of cryogenics in the life sciences industry
  • 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
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Cryogenic Vaporizer Market 2018-2022

Technavio recognizes the following companies as the key players in the global cryogenic vaporizer market: Chart Industries, Cryonorm, INOX Group, and The Linde Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technological advances enhance scope of cryogenics. Cryogenic technology has improved at a rapid rate in the recent years. Intense research on cryogenics worldwide has led to technological advances that have broadened the scope of cryogenics in all major end-users such as medical, industrial, energy, and food processing. In the recent years, technologies such as hydrofracturing have boosted the oil and gas production to new heights; however, the environmental impact of this process has laid down concerns regarding the future of this technology.”

According to the report, one driver in the market is increasing popularity of cryogenics in the life sciences industry. The global life sciences industry is constantly experiencing technological advances and innovations in areas such as immunotherapy, vaccinations, regenerative medicines, and biopharmaceuticals. These areas require cryogenic temperatures for storage, preservation, and treatment applications. For instance, in immunotherapies such as chimeric antigen receptor (CAR) T-cell therapy, immune cells named T-cells are collected from the patient’s blood and are genetically engineered to produce special receptors on the surface known as chimeric antigen receptors.

Further, the report states that one challenge in the market is operational issues in LNG plants. The major concern for liquid metal embrittlement (LME) in an LNG plant arises from exposure of aluminum alloys in the cold box to accumulated mercury from the feed gas. LME is a corrosive attack that causes cracks in the equipment due to the presence of mercury. The amount of mercury and its location in cryogenic exchangers are often unknown and difficult to estimate. As long as the cold temperature remains below the freezing point of mercury at -37.9°F, the plant will not face any LME issues. "

Companies Mentioned

Chart Industries, Cryonorm, INOX Group, and The Linde Group.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global cryogenic vaporizer market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 ($ mn)
      • Table Global – Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
    • Ambient air heated vaporizer
    • Steam heated vaporizer
    • Others
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Chemical and petrochemical – Market size and forecast 2017-2022
      • Table Chemical and petrochemical – Market size and forecast 2017-2022 ($ mn)
      • Table Chemical and petrochemical – Year over year growth 2018-2022 (%)
    • Metallurgy – Market size and forecast 2017-2022
      • Table Metallurgy – Market size and forecast 2017-2022 ($ mn)
      • Table Overview of sub-zero cryogenic treatments
      • Table Metallurgy – Year over year growth 2018-2022 (%)
    • Power – Market size and forecast 2017-2022
      • Table Power – Market size and forecast 2017-2022 ($ mn)
      • Table Power – Year over year growth 2018-2022 (%)
    • Electronics – Market size and forecast 2017-2022
      • Table Electronics – Market size and forecast 2017-2022 ($ mn)
      • Table Electronics – Year over year growth 2018-2022 (%)
      • Table Evolution of components in automotive 1970-2010
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year over year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year over year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year over year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advantages of liquid nitrogen in meat processing
    • Market challenges
      • Table Application of cryogenic gases in iron and steel industry
  • Market trends
    • Technological advances enhance scope of cryogenics
    • Commercialization of HTS cables
      • Table Global HTS power cable projects
    • Rapid surface chilling process for the poultry industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Chart Industries
      • Table Vendor overview
      • Table Chart Industries – Business segments
      • Table Chart Industries – Organizational developments
      • Table Chart Industries – Geographic focus
      • Table Chart Industries – Segment focus
      • Table Chart Industries – Key offerings
    • Cryonorm
      • Table Vendor overview
      • Table Cryonorm – Business segments
      • Table Cryonorm – Organizational developments
      • Table Cryonorm – Geographic focus
      • Table Cryonorm – Segment focus
      • Table Cryonorm – Key offerings
    • INOX Group
      • Table INOX Group: Overview
      • Table INOX Group – Business segments
      • Table INOX Group – Organizational developments
      • Table INOX Group – Geographic focus
      • Table INOX Group – Segment focus
      • Table INOX Group – Key offerings
    • The Linde Group
      • Table Vendor overview
      • Table The Linde Group – Business segments
      • Table The Linde Group – Organizational developments
      • Table The Linde Group – Geographic focus
      • Table The Linde Group – Segment focus
      • Table The Linde Group – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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