Cryogenic Tanks Market - Global Forecast to 2024 - PowerPoint PPT Presentation

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Cryogenic Tanks Market - Global Forecast to 2024

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Cryogenic Tanks Market by Raw Material (Steel, Nickel Alloy), Cryogenic Liquid (Liquid Nitrogen, LNG), Application (Storage, Transportation), End-use Industry (Metal Processing, Energy Generation, Electronics), and Region - Global Forecast to 2024 – PowerPoint PPT presentation

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Title: Cryogenic Tanks Market - Global Forecast to 2024


1
Cryogenic Tanks Market worth 8.1 billion by 2024
Browse 121 market data Tables 36 Figures 147
Pages and in-depth TOC on " Cryogenic Tanks
Market "
2
The global cryogenic tanks market size is
projected to grow from USD 6.2 billion in 2019 to
USD 8.1 billion by 2024, at a CAGR of 5.5.
Increasing demand for LNG across the world,
coupled with improving healthcare services in the
developing economies, is driving the cryogenic
tanks industry.
The global industry for cryogenic tanks is driven
primarily by the increasing demand for LNG. An
increase in infrastructure spending, space
applications for cryogenic technologies, and
cryogenic energy storage systems represent
promising growth opportunities for the market.
Improving healthcare services in the developing
economies is boosting the cryogenic tanks market.
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3
  • Metal Processing is expected to be the largest
    and fastest-growing segment of the market, by
    end-use industry, during the forecast period.
  • Metal processing was the largest end-use industry
    of the cryogenic tanks market, in 2018.
  • Cryogenic tanks are increasingly being used in
    the metal processing industry, especially in
    steel industry.
  • Huge quantities of nitrogen and other industrial
    gases are used during the steel manufacturing
    process.
  • Nitrogen is also known to be largest consumed gas
    in the industry.
  • It is used as a high pressure gas for laser
    cutting of steel and metal.
  • The inert properties of nitrogen, facilitates its
    use as a blanketing gas.
  • Some gases, such as hydrogen and oxygen, are also
    used in the metal processing industry.  
  • Cryogenic tanks are commonly used in the storage
    and transportation of these gases in
    manufacturing plants, which drives the market
    demand.

4
Cryogenic Tanks Market
5
Scope of the Cryogenic Tanks Market Report This
research report categorizes the cryogenic tanks
market based on raw material, cryogenic liquid,
application, end-use industry, and region.
  • Cryogenic Tanks Market, Based on raw material
  • Steel
  • Nickel Alloy
  • Aluminum Alloy
  • Others
  • Cryogenic Tanks Market, Based on cryogenic
    liquid
  • Liquid Nitrogen
  • Liquefied Natural Gas (LNG)
  • Liquid Hydrogen
  • Liquid Oxygen

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m/requestsampleNew.asp?id26811967
6
  • Cryogenic Tanks Market, Based on application
  • Storage
  • Transportation
  • Cryogenic Tanks Market, Based on end-use
    industry
  • Metal Processing
  • Energy Generation
  • Electronics
  • Medical Technology
  • Food Beverage
  • Water Treatment
  • Others

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7
The major players in the Cryogenic Tanks Market
are,
  • Chart Industries (US)
  • Cryofab (US)
  • INOX India (India)
  • Linde PLC (UK)
  • Air Products (US)
  • Cryolor (France)
  • Air Water (Japan)
  • Wessington Cryogenics (UK)
  • FIBA Technologies (US)
  • ISISAN (Turkey)

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ets.com/Enquiry_Before_BuyingNew.asp?id26811967
8
  • Content Source 
  • https//www.marketsandmarkets.com/PressReleases/cr
    yogenic-tanks.asp 
  • Research Insight 
  • https//www.marketsandmarkets.com/ResearchInsight/
    cryogenic-tanks-market.asp 
  • Visit Our Website 
  • https//www.marketsandmarkets.com/Market-Reports/c
    ryogenic-tanks-market-26811967.html
  • Read More
  • https//www.prnewswire.com/news-releases/cryogenic
    -tanks-market-worth-8-1-billion-by-2024---exclusiv
    e-report-by-marketsandmarkets-300947060.html
  • https//markets.businessinsider.com/news/stocks/cr
    yogenic-insulation-market-worth-3-3-billion-by-202
    3-exclusive-report-by-marketsandmarkets-1027758283

9
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