Global LNG Cryogenic Pump Market Growth 2025-2031
Description
The global LNG Cryogenic Pump market size is predicted to grow from US$ 156 million in 2025 to US$ 304 million in 2031; it is expected to grow at a CAGR of 11.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
LNG Cryogenic Pump is a pump specially designed for the transportation, storage and transfer of liquefied natural gas (LNG), capable of efficient transmission of liquefied natural gas at extremely low temperature conditions (-162°C) and ensuring its safe and stable flow.
As a key equipment in the liquefied natural gas (LNG) industry chain, the market demand for LNG cryogenic pumps has gradually increased in recent years with the growth of global energy demand, the rapid development of the LNG industry, and the promotion of clean energy transformation. The main function of the LNG cryogenic pump is to efficiently and safely transfer liquefied natural gas from one point to another, including from storage tanks to gasification equipment, or from transport ships to receiving terminals, to ensure the stable flow and storage of liquefied natural gas at extremely low temperatures. As LNG becomes more and more important in the global energy structure, the prospects of the LNG cryogenic pump market have become more and more broad.
At present, the LNG industry is expanding rapidly, especially the construction of LNG receiving terminals and liquefaction plants is increasing. According to the forecast of the International Energy Agency (IEA), global LNG demand will continue to grow in the next few decades, especially in Asia, Europe and North America. With the diversification of energy supply and the increase in demand for clean energy, LNG has become a popular alternative energy source. Against this background, as one of the core equipment in the LNG industry chain, the market demand for LNG cryogenic pumps continues to increase.
Most of the LNG cryogenic pumps on the market are currently used in the reception, storage, transportation and gasification of liquefied natural gas. Their performance directly affects the efficiency and safety of the entire LNG supply chain. Therefore, LNG cryogenic pump manufacturers face high technical requirements and need to continuously improve the low temperature resistance, corrosion resistance, energy efficiency and reliability of their products to adapt to extreme working environments.
At present, the market for LNG cryogenic pumps is mainly concentrated in regions with relatively developed LNG industries in the world, such as the United States, Russia, Australia, the Middle East and China. In particular, China, as an important market for global LNG consumption and imports, has seen a continuous increase in LNG demand in recent years, driving demand for LNG cryogenic pumps and other related equipment. In Europe and the United States, with the continuous advancement of clean energy policies, LNG, as a green energy to replace traditional fossil fuels, is becoming a more important form of energy, thereby promoting the development of the LNG cryogenic pump market.
LP Information, Inc. (LPI) ' newest research report, the “LNG Cryogenic Pump Industry Forecast” looks at past sales and reviews total world LNG Cryogenic Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected LNG Cryogenic Pump sales for 2025 through 2031. With LNG Cryogenic Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LNG Cryogenic Pump industry.
This Insight Report provides a comprehensive analysis of the global LNG Cryogenic Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LNG Cryogenic Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LNG Cryogenic Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LNG Cryogenic Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LNG Cryogenic Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of LNG Cryogenic Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Submersible Pump
Centrifugal Pump
Others
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Vanzetti Engineering
Nikkiso
Cryostar
Cryomec
CS＆PTechnologies
Ebara
Hangzhou Xinya Cryogenic Technology Co., Ltd.
Dalian Deep Blue Pump Co., Ltd.
Andisoon
Shinko
Tianjin Baiyan Technology
Hangzhou NAC
Sefco
Key Questions Addressed in this Report
What is the 10-year outlook for the global LNG Cryogenic Pump market?
What factors are driving LNG Cryogenic Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LNG Cryogenic Pump market opportunities vary by end market size?
How does LNG Cryogenic Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
LNG Cryogenic Pump is a pump specially designed for the transportation, storage and transfer of liquefied natural gas (LNG), capable of efficient transmission of liquefied natural gas at extremely low temperature conditions (-162°C) and ensuring its safe and stable flow.
As a key equipment in the liquefied natural gas (LNG) industry chain, the market demand for LNG cryogenic pumps has gradually increased in recent years with the growth of global energy demand, the rapid development of the LNG industry, and the promotion of clean energy transformation. The main function of the LNG cryogenic pump is to efficiently and safely transfer liquefied natural gas from one point to another, including from storage tanks to gasification equipment, or from transport ships to receiving terminals, to ensure the stable flow and storage of liquefied natural gas at extremely low temperatures. As LNG becomes more and more important in the global energy structure, the prospects of the LNG cryogenic pump market have become more and more broad.
At present, the LNG industry is expanding rapidly, especially the construction of LNG receiving terminals and liquefaction plants is increasing. According to the forecast of the International Energy Agency (IEA), global LNG demand will continue to grow in the next few decades, especially in Asia, Europe and North America. With the diversification of energy supply and the increase in demand for clean energy, LNG has become a popular alternative energy source. Against this background, as one of the core equipment in the LNG industry chain, the market demand for LNG cryogenic pumps continues to increase.
Most of the LNG cryogenic pumps on the market are currently used in the reception, storage, transportation and gasification of liquefied natural gas. Their performance directly affects the efficiency and safety of the entire LNG supply chain. Therefore, LNG cryogenic pump manufacturers face high technical requirements and need to continuously improve the low temperature resistance, corrosion resistance, energy efficiency and reliability of their products to adapt to extreme working environments.
At present, the market for LNG cryogenic pumps is mainly concentrated in regions with relatively developed LNG industries in the world, such as the United States, Russia, Australia, the Middle East and China. In particular, China, as an important market for global LNG consumption and imports, has seen a continuous increase in LNG demand in recent years, driving demand for LNG cryogenic pumps and other related equipment. In Europe and the United States, with the continuous advancement of clean energy policies, LNG, as a green energy to replace traditional fossil fuels, is becoming a more important form of energy, thereby promoting the development of the LNG cryogenic pump market.
LP Information, Inc. (LPI) ' newest research report, the “LNG Cryogenic Pump Industry Forecast” looks at past sales and reviews total world LNG Cryogenic Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected LNG Cryogenic Pump sales for 2025 through 2031. With LNG Cryogenic Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LNG Cryogenic Pump industry.
This Insight Report provides a comprehensive analysis of the global LNG Cryogenic Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LNG Cryogenic Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LNG Cryogenic Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LNG Cryogenic Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LNG Cryogenic Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of LNG Cryogenic Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Submersible Pump
Centrifugal Pump
Others
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Vanzetti Engineering
Nikkiso
Cryostar
Cryomec
CS＆PTechnologies
Ebara
Hangzhou Xinya Cryogenic Technology Co., Ltd.
Dalian Deep Blue Pump Co., Ltd.
Andisoon
Shinko
Tianjin Baiyan Technology
Hangzhou NAC
Sefco
Key Questions Addressed in this Report
What is the 10-year outlook for the global LNG Cryogenic Pump market?
What factors are driving LNG Cryogenic Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LNG Cryogenic Pump market opportunities vary by end market size?
How does LNG Cryogenic Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
112 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for LNG Cryogenic Pump by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for LNG Cryogenic Pump by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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