Market Research Logo

Cryogenic Equipment Market by Application (Energy & Power, Chemicals. Metallurgy, Electronics and Shipbuilding), by Cryogen Gases (Nitrogen, Oxygen, Argon and LNG), & by Product Type (Tank, Valve, Vaporizer & Pump) - Global Trend & Forecast to 2019

Cryogenic Equipment Market by Application (Energy & Power, Chemicals. Metallurgy, Electronics and Shipbuilding), by Cryogen Gases (Nitrogen, Oxygen, Argon and LNG), & by Product Type (Tank, Valve, Vaporizer & Pump) - Global Trend & Forecast to 2019

The report estimates the global cryogenic equipment market share in terms of products sold, which has been further subdivided into different types, their applications based on various industries, and regions, which have been split further country-wise.

Cryogenic equipment is used to store, transfer, handle, and supply liquefied gases such as nitrogen, oxygen, and argon among other gases. The most commonly used cryogenic equipment include tanks, valves, vaporizers, and pumps.

The development in LNG is a key growth driver for this market. LNG being a low emission fuel has been favoured by various regulations that address environmental concerns. Cryogenic equipment that is used for LNG production, transportation, and storage accounts for a major share of the market. The past decade has seen increased production of natural gas due to the shale revolution. This has boosted the market for the cryogenic equipment for oil and gas. Moreover, the power sector has witnessed development of specialised equipment such as HTS cables and cryogenic energy storage. Therefore, energy and power is expected to be the largest consumer for the equipment.

The Asia-Pacific region leads the cryogenic equipment market, with largest estimated market share in 2014 and is projected to grow with a highest CAGR compared to all other regions. This growth can be attributed to the utilization of the cryogenic equipment by the developing countries such as China, Indian, Japan, Australia, and Malaysia, among others. Increased LNG imports from Middle East and Africa region is the reason for the healthy growth of cryogenic equipment. Major economies in the region have huge demand for modern and advanced healthcare facilities; this pushed the demand for cryogenic technology and increased the usage of cryogenic equipment in the healthcare applications.

Various secondary data sources including global Factiva, press releases, company annual reports, industry association publications, oil and gas magazine articles, world economic outlook, trade websites, and databases have been referred to, for collecting information regarding the cryogenic equipment market. For primary data, industrial experts have been telephonically interviewed.

This report profiles leading players in the industry, based on their recent developments and other strategic industrial activities. The prominent ones include Chart Industries Inc. (U.S.), VRV S.p.A. (Italy), Linde Group AG (Germany), Cryofab Inc. (U.S.), and INOX India Ltd. (India). Competitive analysis for the major players and their share in the cryogenic equipment market has also been discussed in the report.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
    • YEARS CONSIDERED IN THE REPORT
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE CRYOGENIC EQUIPMENT MARKET
    • CRYOGENIC EQUIPMENT MARKET, BY TYPE
    • CRYOGENIC EQUIPMENT MARKET APPLICATION VS TYPES
    • ASIA-PACIFIC HOLDS THE LARGEST MARKET SHARE IN TERMS OF VALUE
    • CRYOGENIC EQUIPMENT MARKET: DEVELOPED VS. DEVELOPING NATIONS
    • CRYOGENIC EQUIPMENT MARKET, BY APPLICATION (2014-2019)
    • ASIA-PACIFIC CRYOGENIC EQUIPMENT MARKET, BY TYPE
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
      • Table VARIOUS CRYOGEN WITH THEIR BOILING POINTS
      • SELECTION OF EQUIPMENT
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY TYPE
      • BY CRYOGEN GASES
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINT
        • Table STRINGENT REGULATIONS FOR THE CRYOGENIC EQUIPMENT/TECHNOLOGY IS THE MAJOR RESTRAINING FORCE FOR THE GLOBAL MARKET
      • OPPORTUNITIES
        • Table NATURAL GAS PIPELINES OFFERS HIGH GROWTH OPPORTUNITIES FOR MANUFACTURERS
      • CHALLENGE
        • Table CRYOGEN LEAKAGE NORMS: A CHALLENGE FOR THE INDUSTRY
  • INDUSTRY TRENDS
    • VALUE CHAIN ANALYSIS
    • COMMON TRENDS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF RIVALRY
  • CRYOGENIC EQUIPMENT MARKET, BY TYPE
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2012-2019 ($MILLION)
    • TANKS
      • Table CRYOGENIC TANKS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • Table CRYOGENIC TANKS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
    • VALVES
      • Table CRYOGENIC VALVES MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • Table CRYOGENIC VALVES MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
    • VAPORIZERS
      • Table CRYOGENIC VAPORIZERS MARKET SIZE, BY APPLICATION, 2012 - 2019 ($MILLION)
      • Table CRYOGENIC VAPORIZERS MARKET SIZE, BY REGION, 2012 - 2019 ($MILLION)
    • PUMPS
      • Table CRYOGENIC PUMPS MARKET SIZE, BY APPLICATION, 2012 - 2019 ($MILLION)
      • Table CRYOGENIC PUMPS MARKET SIZE, BY REGION, 2012 - 2019 ($MILLION)
    • OTHER EQUIPMENT
      • TUNNEL FREEZERS
      • DEWAR
      • STRAINERS
      • SAMPLERS
  • CRYOGENIC EQUIPMENT MARKET, BY APPLICATION
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • ENERGY & POWER
      • Table ENERGY & POWER INDUSTRY MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
    • CHEMICAL
      • Table CHEMICALS INDUSTRY MARKET SIZE, BY EQUIPMENT TYPE, 2014-2019 ($MILLION)
    • METALLURGY
      • Table METALLURGY INDUSTRY MARKET SIZE, BY PRODUCT TYPE, 2014-2019 ($MILLION)
    • ELECTRONICS
      • Table ELECTRONICS INDUSTRY MARKET SIZE, BY PRODUCT TYPE, 2014-2019 ($MILLION)
    • SHIPPING
      • Table SHIP BUILDING INDUSTRY MARKET SIZE, BY PRODUCT TYPE, 2014-2019 ($MILLION)
    • OTHER INDUSTRIES
      • Table OTHER INDUSTRIES MARKET SIZE, BY PRODUCT TYPE, 2014-2019 ($MILLION)
  • CRYOGENIC EQUIPMENT MARKET, BY CRYOGEN TYPE
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • NITROGEN
      • Table NITROGEN: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
    • OXYGEN
      • Table OXYGEN: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
    • ARGON
      • Table ARGON: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
    • LNG (LIQUEFIED NATURAL GAS)
      • Table LNG: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2019 ($MILLION)
    • OTHER CRYOGEN GASES
      • Table OTHER CRYOGEN GASES: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2019 ($MILLION)
  • CRYOGENIC EQUIPMENT MARKET, BY REGION
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2019 ($MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
      • Table ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • CHINA
        • Table CHINA: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table CHINA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • INDIA
        • Table INDIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table INDIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table AUSTRALIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • JAPAN
        • Table JAPAN: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table JAPAN: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • MALAYSIA
        • Table MALAYSIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012 - 2019 ($MILLION)
        • Table MALAYSIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • EUROPE
      • Table EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
      • Table EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • U.K.
        • Table U.K.: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table U.K.: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • FRANCE
        • Table FRANCE: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table FRANCE: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • GERMANY
        • Table GERMANY: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table GERMANY: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019($MILLION)
      • Table NORTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
      • U.S.
        • Table U.S.: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table U.S.: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • CANADA
        • Table CANADA: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table CANADA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • MIDDLE EAST
      • Table MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
      • Table MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019
      • SAUDI ARABIA
        • Table SAUDI ARABIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2012-2019 ($MILLION)
        • Table SAUDI ARABIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
      • Table SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • BRAZIL
        • Table BRAZIL: CRYOGENIC EQUIPMENT MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
        • Table BRAZIL: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • ARGENTINA
        • Table ARGENTINA: CRYOGENIC EQUIPMENT MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
        • Table ARGENTINA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
    • AFRICA
      • Table AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
      • Table AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
        • Table SOUTH AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • CONTRACTS AND AGREEMENTS 2011-2015
      • Table CONTRACTS AND AGREEMENTS
    • EXPANSION 2011-2014
      • Table EXPANSION
    • NEW PRODUCT LAUNCH 2011-2014
      • Table NEW PRODUCT LAUNCH
    • MERGERS AND ACQUISITIONS 2011-2014
      • Table MERGERS AND ACQUISITIONS
    • OTHER DEVELOPMENTS 2011-2015
      • Table OTHER DEVELOPMENTS (CERTIFICATION, PARTNERSHIP, &PRODUCT DEVELOPMENT)
  • COMPANY PROFILES
    • INTRODUCTION
    • AIR LIQUIDE
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BEIJING TIANHAI INDUSTRY CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
    • CHART INDUSTRIES INC.
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CRYOFAB INC.
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • KEY STRATEGIES
      • RECENT DEVELOPMENTS (JANUARY 2010-JANUARY 2015)
      • SWOT ANALYSIS
      • MNM VIEW
    • CRYOQUIP LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • KEY STRATEGY
      • RECENT DEVELOPMENTS
    • HEROSE GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • KEY STRATEGY
      • RECENT DEVELOPMENTS
    • INOX INDIA LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • KEY STRATEGY
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • LINDE GROUP AG
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • KEY STRATEGY
      • RECENT DEVELOPMENTS, (JANUARY 2011 - DECEMBER 2014)
      • SWOT ANALYSIS
      • MNM VIEW
    • TAYLOR-WHARTON INTERNATIONAL LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • KEY STRATEGY
      • RECENT DEVELOPMENTS
    • VRV S.P.A.
      • BUSINESS OVERVIEW
      • PRODUCT & SERVICES
      • KEY STRATEGY
      • RECENT DEVELOPMENTS, (JANUARY 2011 - JANUARY 2015)
      • SWOT ANALYSIS
      • MNM VIEW
    • WESSINGTON CRYOGENICS LTD.
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • KEY STRATEGY
      • RECENT DEVELOPMENTS,
  • APPENDIX
    • INSIGHTS OF THE INDUSTRY EXPERTS
    • OTHER DEVELOPMENTS, 2010-2015
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report