Title: Cryogenic Tanks Market - Global Forecast to 2024
1Cryogenic 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 "
2The 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.
Get PDF Brochure _at_ https//www.marketsandmarkets.
com/pdfdownloadNew.asp?id26811967
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.
4Cryogenic Tanks Market
5Scope 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
Request Sample _at_ https//www.marketsandmarkets.co
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
Speak To Our Experts
7The 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)
Enquiry Before Buying _at_ https//www.marketsandmark
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
9Mr. Shelly SinghMarketsandMarkets INC. 630
Dundee Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441 sales_at_marketsandmarkets.com