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Cryogenic Equipment Market by Product (Tank, Valve, Vaporizer, Pump), Cryogen (Nitrogen, Oxygen, Argon, LNG), End-User (Energy & Power, Chemicals, Metallurgy, Electronics, Shipping) and Region - Global Forecast to 2021

Cryogenic Equipment Market by Product (Tank, Valve, Vaporizer, Pump), Cryogen (Nitrogen, Oxygen, Argon, LNG), End-User (Energy & Power, Chemicals, Metallurgy, Electronics, Shipping) and Region - Global Forecast to 2021

Cryogenic equipment market to grow at a CAGR of 6.74% during the forecast period”
The cryogenic equipment market is expected to reach a size of USD 22.42 billion by 2021, at a CAGR of 6.74% from 2016 to 2021. Factors such as increasing demand for LNG and improving healthcare services, especially in the developing economies are driving the market globally. Tanks is the largest segment of the cryogenic equipment market based on product type.

“The shipping segment would grow at a faster pace during the forecast period”
In terms of market, by end-user, the shipping application segment of the cryogenic equipment market is projected to grow at the faster pace during the forecast period, only next to electronics. Since large number of LNG terminals are being constructed around the world and as those fuels are transported generally by ships in large containers, the need for cryogenic equipment in the shipping industry is inevitable. Moreover, further developments are being done to use LNG as marine fuel which will certainly require cryogenic equipment for operation.

“Asia-Pacific & Europe are the largest markets for cryogenic equipment”
Asia-Pacific & Europe dominate the global cryogenic equipment market. In Asia-Pacific, the growth of the cryogenic equipment market can be attributed to factors such as increasing investments in the energy sector and substantial growth in other end-user industries such as food & beverage and electronics among others in this region. Meanwhile in Europe, countries have strict regulation governing the use of inland LNG-fueled ships. Certain countries such as Russia also plan to develop LNG-powered locomotives also. Hence, there is a wide scope for cryogenic equipment in this region.

Breakdown of Primaries
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitate information as well as assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1%–43%, Tier 2%–33%, and Tier 3%–24%
By Designation: C-Level–35%, Director Level–25%, and Engineer Level–40%
By Region: Asia-Pacific–45%, Europe–30%, Americas–15%, and RoW–10%
Note: Row = Rest of the World
The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 => USD 10 billion, Tier 2 = From USD 1 billion to USD 10 billion, and Tier 3 =< USD 1 billion

The industry’s leading players have been profiled with their recent developments and other strategic activities. These include Linde Group AG (Germany), Flowserve Corporation (U.S.), Air Liquide (France), VRV S.p.A. (Italy), and Chart Industries, Inc. (U.S.), among others.

Report Objective
To analyze the cryogenic equipment market based on product type, cryogen type, end-user, and region
To strategically analyze micro markets with respect to individual growth trends, future prospects, and contribution to the overall market
To analyze major driving factors, restraints, opportunities, burning issues, and winning imperatives in the cryogenic equipment market
To analyze trends and forecasts of the cryogenic equipment market and its sub segments
To analyze the major stakeholders in the cryogenic equipment market and provide a detailed competitive landscape for the leading players of the industry
To analyze the industrial trends in major regions, namely, North America, Asia-Pacific, Europe, South America, Africa, and the Middle East
To track and analyze competitive developments, such as contracts & agreements, expansions, new product launches and mergers & acquisitions in the global cryogenic equipment market, and profile the major players of the market

Stakeholders
The stakeholders included in this report are as follows:
Cryogenic equipment manufacturers, dealers, and suppliers
Cryogenic gases/liquid merchant producers, suppliers, and dealers
Cryogenic plant developers and service providers
LNG dealers
Oil & gas companies
Consulting companies in the E&P sector
Cryogenic and cold storage associations
Power and energy associations
Shareholders and investors
Investment banks

Market Segmentation
 By Product Type
Tanks
Valves
Vaporizers
Pumps
Other Equipment
 By Cryogen Type
Nitrogen
Oxygen
Argon
LNG
Other Cryogens
 By End-User
Energy & Power
Chemical
Metallurgy
Electronics
Shipping
Other Industries
By Region
North America
South America
Europe
Africa
The Middle East
Asia-Pacific
Key target audience
Cryogenic equipment manufacturers, dealers, and suppliers
Cryogenic gases/liquid merchant producers, suppliers, and dealers
Cryogenic plant developers and service providers
LNG dealers
Cryogenic and cold storage associations

Why buy this report?
1. The report identifies and addresses key markets for cryogenic equipment, which is useful for suppliers and OEMs to review production and distribution plans.
2. The report includes analysis of key countries by application of cryogenic equipment; for instance, its application in Energy & Power and Chemical industries. It analyzes historical trends and also forecast for 2021, assisting in strategic decision making.
3. It presents competition by analyzing recent market developments such as key contracts, new product launches, expansions, and mergers & acquisitions from the key global market players. It helps understand the competition strategies and plan respective initiatives.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • INTRODUCTION
    • HISTORICAL BACKDROP & EVOLUTION
    • CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • CRYOGENIC EQUIPMENT MARKET, BY PRODUCT TYPE
    • CRYOGENIC EQUIPMENT MARKET: PRODUCT TYPE VS. CRYOGEN TYPE
    • ASIA-PACIFIC: THE LARGEST MARKET DURING THE FORECAST PERIOD
    • CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2021
    • CRYOGENIC EQUIPMENT MARKET, BY END-USER, 2021
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY PRODUCT TYPE
      • BY CRYOGEN TYPE
      • BY END-USER
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • SUPPLY CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • CRYOGENIC EQUIPMENT MARKET, BY PRODUCT TYPE
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
    • TANK
      • Table TANK: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • VALVE
      • Table VALVE: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • VAPORIZER
      • Table VAPORIZER: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • PUMP
      • Table PUMP: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHER EQUIPMENT
      • PIPE
      • REGULATOR
      • TUNNEL FREEZER
      • DEWAR
      • STRAINER
      • SAMPLER
        • Table OTHER EQUIPMENT: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • CRYOGENIC EQUIPMENT MARKET, BY CRYOGEN TYPE
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
    • NITROGEN
      • Table NITROGEN: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OXYGEN
      • Table OXYGEN: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • LIQUEFIED NATURAL GAS
      • Table LIQUEFIED NATURAL GAS: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ARGON
      • Table ARGON: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHER CRYOGENS
      • Table OTHER CRYOGENS: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • CRYOGENIC EQUIPMENT MARKET, BY END-USER
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • ENERGY & POWER
      • Table ENERGY & POWER: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CHEMICALS
      • Table CHEMICALS: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • METALLURGICAL
      • Table METALLURGICAL: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ELECTRONICS
      • Table ELECTRONICS: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SHIPPING
      • Table SHIPPING: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHER INDUSTRIES
      • Table OTHER INDUSTRIES: CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • CRYOGENIC EQUIPMENT MARKET, BY REGION
    • INTRODUCTION
      • Table CRYOGENIC EQUIPMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • BY PRODUCT TYPE
        • Table ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
      • BY CRYOGEN TYPE
        • Table ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
      • BY END-USER
        • Table ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table CHINA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table INDIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table JAPAN: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table MALAYSIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • EUROPE
      • BY PRODUCT TYPE
        • Table EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
      • BY CRYOGEN TYPE
        • Table EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
      • BY END-USER
        • Table EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.K.: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table RUSSIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table GERMANY: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table FRANCE: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table REST OF EUROPE: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • BY PRODUCT TYPE
        • Table NORTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
      • BY CRYOGEN TYPE
        • Table NORTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
      • BY END-USER
        • Table NORTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.S.: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table CANADA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table MEXICO: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • THE MIDDLE EAST
      • BY PRODUCT TYPE
        • Table MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
      • BY CRYOGEN TYPE
        • Table MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
      • BY END-USER
        • Table MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table QATAR: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table UAE: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table REST OF THE MIDDLE EAST: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • SOUTH AMERICA
      • BY PRODUCT TYPE
        • Table SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
      • BY CRYOGEN TYPE
        • Table SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
      • BY END-USER
        • Table SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table ARGENTINA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table VENEZUELA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
        • Table REST OF THE SOUTH AMERICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • AFRICA
      • BY PRODUCT TYPE
        • Table AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014-2021 (USD MILLION)
      • BY CRYOGEN TYPE
        • Table AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY CRYOGEN TYPE, 2014-2021 (USD MILLION)
      • BY END-USER
        • Table AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: CRYOGENIC EQUIPMENT MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2012-2015
    • EXPANSIONS
      • Table EXPANSIONS, 2012-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2015-2016
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES, 2013-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • AIR LIQUIDE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BEIJING TIANHAI INDUSTRY CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • CHART INDUSTRIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • CRYOFAB INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2010-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • CRYOQUIP LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2014
    • EMERSON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2014
    • FLOWSERVE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015-2016
    • GRAHAM PARTNERS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015-2016
    • PARKER HANNIFIN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
    • HEROSE GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2013
    • INOX INDIA LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2014
    • LINDE GROUP AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • TAYLOR-WHARTON INTERNATIONAL LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013
    • VRV S.P.A
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • WESSINGTON CRYOGENICS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DEVELOPMENTS
      • Table NEW PRODUCT LAUNCHES, 2011-2014
      • Table CONTRACTS & AGREEMENTS, 2011-2015
      • Table EXPANSIONS, 2011-2012
      • Table MERGERS & ACQUISITIONS, 2012-2015
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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