極低溫設備的全球市場預測(~2028年):極低溫物質,設備,用途,終端用戶,各地區的分析
市場調查報告書
商品編碼
1094319

極低溫設備的全球市場預測(~2028年):極低溫物質,設備,用途,終端用戶,各地區的分析

Cryogenic Equipment Market Forecasts to 2028 - Global Analysis By Cryogen (Nitrogen, Hydrogen), Equipment (Vaporizers, Tanks, Valves), Application, End User, and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3個工作天內

價格

全球極低溫設備的市場規模在2021年估算為116億9,000萬美金,在預測期間內預計將以8.8%的年複合成長率擴大,2028年之前達到211億1,000萬美元。

這份報告提供全球極低溫設備市場調查,提供市場的推動因素與阻礙因素,市場機會,COVID-19影響,各市場區隔的市場分析,競爭情形,主要企業的簡介等系統性資訊。

目錄

第1章 摘要整理

第2章 序文

第3章 市場趨勢分析

  • 促進因素
  • 阻礙因素
  • 市場機會
  • 威脅
  • 用途分析
  • 終端用戶分析
  • 新興市場
  • COVID-19影響

第4章 波特的五力分析

第5章 全球極低溫設備市場:各極低溫物質

  • 液化天然氣(LNG)

第6章 全球極低溫設備市場:各系統類型

  • 供給系統
  • 貯存系統
  • 處理系統

第7章 全球極低溫設備市場:各設備

  • 汽化器
  • 卡口連接
  • 坦克
  • 真空夾套管道(VJP)
  • 閥門
  • 致動器
  • 其他
    • 隧道式冷凍機
    • 過濾器
    • 採樣器
    • 調節器

第8章 全球極低溫設備市場:各用途

  • 分佈
  • 保管
  • 再氣化
  • 處理
  • 液化

第9章 全球極低溫設備市場:各終端用戶

  • 交通
  • 運輸
  • 橡膠和塑膠
  • 石油、天然氣
  • 冶金
  • 飲料·食品
  • 能源和電力
  • 電子產品
  • 化學和石油化學
  • 海洋和航太
  • 生物醫學和醫療保健
  • 農林漁業

第10章 全球極低溫設備市場:各地區

  • 北美
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙
    • 其他歐洲
  • 亞太地區
    • 日本
    • 中國
    • 印度
    • 澳洲
    • 紐西蘭
    • 韓國
    • 其他亞太地區
  • 南美
    • 阿根廷
    • 巴西
    • 智利
    • 其他南美
  • 中東·非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 卡達
    • 南非
    • 其他中東·非洲

第11章 主要發展

  • 契約,夥伴關係,合作,合資企業
  • 收購與合併
  • 新產品的銷售
  • 擴張
  • 其他的重要策略

第12章 企業簡介

  • Wessington Cryogenics
  • Taylor-Wharton.
  • Sulzer Ltd
  • Air Liquide
  • Shell-n-Tube
  • PHPK Technologies
  • Air Products Inc
  • Nikkiso Co.
  • Linde plc
  • INOX India Pvt Ltd
  • Flowserve Corporation
  • Chart Industries
  • Emerson Electric Co.
  • Cryofab
  • Beijing Tianhai Cryogenic Equipment Co., Ltd.
  • Fives SAS
  • PARKER HANNIFIN CORP
  • Acme Cryo
  • SHI Cryogenics Group
Product Code: SMRC21487

According to Stratistics MRC, the Global Cryogenic Equipment Market is accounted for $11.69 billion in 2021 and is expected to reach $21.11 billion by 2028 growing at a CAGR of 8.8% during the forecast period. Cryogenic equipment is deployed in very low-temperature materials or processes. A cryogenic tank is usually used to store cryogenic gases such as liquid oxygen, carbon dioxide, argon, nitrogen, and methane. Cryogenic equipment is mostly used in the oil & gas industry for transportation and storage of Liquefied Natural Gas (LNG) and industrial gases in industrial operations.

Market Dynamics:

Driver:

Increasing demand from the entire LNG value chain

Reduced gas demand because of the pandemic has added to excess supply, creating market volatility. LNG is set for stronger growth, as domestic supply in key gas markets will not keep up with demand growth. Also, according to Gas Exporting Countries Forum's survey, the LNG bunker fuel share is likely to increase in the overall bunker fuel market. These developments across the value chain of the LNG market demand the use of cryogenic systems for storage, handling, and transport of LNG, thus driving the demand for cryogenic equipment.

Restraint:

Volatility in prices

Cryogenic equipment includes a pressure containment tube and an intermediate static support tube made from stainless steel. The efficiency of this equipment can be achieved by modifying and replacing the stainless-steel drive shaft, and the concentric static stainless-steel components with components made of a glass/epoxy composite. Stringent regulations for the emission of toxic greenhouse gases (GHGs) from the steel industry and the frequent rise and drop of crude oil supply due to demand are the major factors attributed to the volatility in steel production and prices.

Opportunity:

Rising focus on manufacturing & processing industries

The increasing investments in mining and metal, food & beverage, metallurgy, and electronics industry in the developing economies will drive the product demand. Moreover, governments are focusing on improvising industrial policies and regulations to bring a conducive environment for discovering new industries and advance sustainability amongst competitors. Strategic investment policy priorities, entry and establishment of foreign investors, and promotion and facilitation of investment policies are some of the supportive regulations which help to increase the application of industrial gases, resulting in providing ample opportunities for the market.

Threat:

Hazards and greenhouse emissions due to cryogen leakage from equipment

The rising number of modular cryogenic processing plants increases the threat of greenhouse emissions and cryogen leakages. Even after proper and periodic checks, the equipment may fail to prevent the leakage or discharge of cryogen into the atmosphere. These cryogens are not environment friendly, and if released in a closed area, they can lead to oxygen deficiency in the region. Prolonged exposure to cryogen can cause frostbite and damage to the lungs. The manufacturers need to use better leak detection equipment for sensing any leakage or emission during operations, so that appropriate actions could be taken on time.

The nitrogen segment is expected to be the largest during the forecast period

The nitrogen segment is estimated to have a lucrative growth owing to a wide variety of applications in oil & gas, metallurgy, and chemical industries and it is also used in the packing of medicines and freezing the blood in the healthcare industry, purge equipment, cryogenic tanks, and pipelines in pharmaceuticals, and food & beverage industries.

The tanks segment is expected to have the highest CAGR during the forecast period

The tanks segment is anticipated to witness the fastest CAGR growth during the forecast period due to the increasing LNG production and high demand for industrial gases. Tanks used for cryogenic purposes are generally called cryotank or cryogenic tanks. These tanks are mostly used for storage and transportation purposes. Many countries started reducing the usage of coal and increases using natural gas for energy and power generation. Gas is more comfortable to be transported in liquefied natural gas (LNG) form that includes various segments of cryogenic equipment such as tanks.

Region with highest share:

Europe is projected to hold the largest market share during the forecast period owing to substantial application across the food & beverage, healthcare and electronics industries to store materials at minimal temperature requirements. LNG fuel is favored by the European government, as it addresses environmental concerns. An enormous amount of LNG is transported to major European countries, driving the demand for tanks that store these gases.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period due to the rapidly changing consumer behavior, supportive policies to achieve sustainable development, investment in industrial infrastructure, the significant increase in power demand, and the growing awareness of renewable power generation propelling the need for gas-based power plants. Development in Asian countries has led to increased investment in LNG transportation as an energy and fuel source, thereby driving the demand.

Key players in the market

Some of the key players profiled in the Cryogenic Equipment Market include Wessington Cryogenics, Taylor-Wharton, Sulzer Ltd, Air Liquide, Shell-n-Tube, PHPK Technologies, Air Products Inc, Nikkiso Co., Linde plc, INOX India Pvt Ltd, Flowserve Corporation, Chart Industries, Emerson Electric Co., Cryofab, Beijing Tianhai Cryogenic Equipment Co., Ltd., Fives SAS, PARKER HANNIFIN CORP, Acme Cryo and SHI Cryogenics Group.

Key Developments:

In Feb 2022, Linde has signed a long-term agreement with BASF for the supply of hydrogen and steam. Linde will design, build, own and operate a new hydrogen production facility at Chalampe, France, effectively doubling Linde's current capacity in the Chalampe chemical park where it already has one production facility.

In Feb 2022, Air Liquide partnered with Airbus, Korean Air and Incheon to develop the first hydrogen usage roadmap at and around Incheon airport and support the development of hydrogen ecosystem. This partnership reflects a shared ambition to drive the emergence of an innovative aviation sector dedicated to supporting the Korean government's goal of carbon neutrality by 2050.

In Dec 2021, Chart Industries collaborated with Howden for advanced hydrogen solutions, incorporating Howden gas compression systems into Chart hydrogen offerings. This relationship will result in more cost-effective standardised solutions within an integrated and optimised service offering.

Cryogens Covered:

  • Oxygen
  • Nitrogen
  • Liquefied Natural Gas (LNG)
  • Hydrogen
  • Helium
  • Argon

System Types Covered:

  • Supply Systems
  • Storage System
  • Handling System

Equipments Covered:

  • Vaporizers
  • Bayonet Connection
  • Tanks
  • Vacuum Jacketed Piping (VJP)
  • Pumps
  • Valves
  • Actuator
  • Other Equipments

Applications Covered:

  • Distribution
  • Storage
  • Regasification
  • Processing
  • Liquefaction

End Users Covered:

  • Transportation
  • Shipping
  • Rubber & Plastics
  • Oil & Gas
  • Metallurgy
  • Food and Beverages
  • Energy & Power
  • Electronics
  • Chemical & Petrochemical
  • Marine and Aerospace
  • Biomedical and Healthcare
  • Agriculture, Forestry & Fishing

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Cryogenic Equipment Market, By Cryogen

  • 5.1 Introduction
  • 5.2 Oxygen
  • 5.3 Nitrogen
  • 5.4 Liquefied Natural Gas (LNG)
  • 5.5 Hydrogen
  • 5.6 Helium
  • 5.7 Argon

6 Global Cryogenic Equipment Market, By System Type

  • 6.1 Introduction
  • 6.2 Supply Systems
  • 6.3 Storage System
  • 6.4 Handling System

7 Global Cryogenic Equipment Market, By Equipment

  • 7.1 Introduction
  • 7.2 Vaporizers
  • 7.3 Bayonet Connection
  • 7.4 Tanks
  • 7.5 Vacuum Jacketed Piping (VJP)
  • 7.6 Pumps
  • 7.7 Valves
  • 7.8 Actuator
  • 7.9 Other Equipments
    • 7.9.1 Tunnel Freezer
    • 7.9.2 Strainer
    • 7.9.3 Sampler
    • 7.9.4 Regulator

8 Global Cryogenic Equipment Market, By Application

  • 8.1 Introduction
  • 8.2 Distribution
  • 8.3 Storage
  • 8.4 Regasification
  • 8.5 Processing
  • 8.6 Liquefaction

9 Global Cryogenic Equipment Market, By End User

  • 9.1 Introduction
  • 9.2 Transportation
  • 9.3 Shipping
  • 9.4 Rubber & Plastics
  • 9.5 Oil & Gas
  • 9.6 Metallurgy
  • 9.7 Food and Beverages
  • 9.8 Energy & Power
  • 9.9 Electronics
  • 9.10 Chemical & Petrochemical
  • 9.11 Marine and Aerospace
  • 9.12 Biomedical and Healthcare
  • 9.13 Agriculture, Forestry & Fishing

10 Global Cryogenic Equipment Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Wessington Cryogenics
  • 12.2 Taylor-Wharton.
  • 12.3 Sulzer Ltd
  • 12.4 Air Liquide
  • 12.5 Shell-n-Tube
  • 12.6 PHPK Technologies
  • 12.7 Air Products Inc
  • 12.8 Nikkiso Co.
  • 12.9 Linde plc
  • 12.10 INOX India Pvt Ltd
  • 12.11 Flowserve Corporation
  • 12.12 Chart Industries
  • 12.13 Emerson Electric Co.
  • 12.14 Cryofab
  • 12.15 Beijing Tianhai Cryogenic Equipment Co., Ltd.
  • 12.16 Fives SAS
  • 12.17 PARKER HANNIFIN CORP
  • 12.18 Acme Cryo
  • 12.19 SHI Cryogenics Group

List of Tables

  • Table 1 Global Cryogenic Equipment Market Outlook, By Region (2020-2028) ($MN)
  • Table 2 Global Cryogenic Equipment Market Outlook, By Cryogen (2020-2028) ($MN)
  • Table 3 Global Cryogenic Equipment Market Outlook, By Oxygen (2020-2028) ($MN)
  • Table 4 Global Cryogenic Equipment Market Outlook, By Nitrogen (2020-2028) ($MN)
  • Table 5 Global Cryogenic Equipment Market Outlook, By Liquefied Natural Gas (LNG) (2020-2028) ($MN)
  • Table 6 Global Cryogenic Equipment Market Outlook, By Hydrogen (2020-2028) ($MN)
  • Table 7 Global Cryogenic Equipment Market Outlook, By Helium (2020-2028) ($MN)
  • Table 8 Global Cryogenic Equipment Market Outlook, By Argon (2020-2028) ($MN)
  • Table 9 Global Cryogenic Equipment Market Outlook, By System Type (2020-2028) ($MN)
  • Table 10 Global Cryogenic Equipment Market Outlook, By Supply Systems (2020-2028) ($MN)
  • Table 11 Global Cryogenic Equipment Market Outlook, By Storage System (2020-2028) ($MN)
  • Table 12 Global Cryogenic Equipment Market Outlook, By Handling System (2020-2028) ($MN)
  • Table 13 Global Cryogenic Equipment Market Outlook, By Equipment (2020-2028) ($MN)
  • Table 14 Global Cryogenic Equipment Market Outlook, By Vaporizers (2020-2028) ($MN)
  • Table 15 Global Cryogenic Equipment Market Outlook, By Bayonet Connection (2020-2028) ($MN)
  • Table 16 Global Cryogenic Equipment Market Outlook, By Tanks (2020-2028) ($MN)
  • Table 17 Global Cryogenic Equipment Market Outlook, By Vacuum Jacketed Piping (VJP) (2020-2028) ($MN)
  • Table 18 Global Cryogenic Equipment Market Outlook, By Pumps (2020-2028) ($MN)
  • Table 19 Global Cryogenic Equipment Market Outlook, By Valves (2020-2028) ($MN)
  • Table 20 Global Cryogenic Equipment Market Outlook, By Actuator (2020-2028) ($MN)
  • Table 21 Global Cryogenic Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
  • Table 22 Global Cryogenic Equipment Market Outlook, By Tunnel Freezer (2020-2028) ($MN)
  • Table 23 Global Cryogenic Equipment Market Outlook, By Strainer (2020-2028) ($MN)
  • Table 24 Global Cryogenic Equipment Market Outlook, By Sampler (2020-2028) ($MN)
  • Table 25 Global Cryogenic Equipment Market Outlook, By Regulator (2020-2028) ($MN)
  • Table 26 Global Cryogenic Equipment Market Outlook, By Application (2020-2028) ($MN)
  • Table 27 Global Cryogenic Equipment Market Outlook, By Distribution (2020-2028) ($MN)
  • Table 28 Global Cryogenic Equipment Market Outlook, By Storage (2020-2028) ($MN)
  • Table 29 Global Cryogenic Equipment Market Outlook, By Regasification (2020-2028) ($MN)
  • Table 30 Global Cryogenic Equipment Market Outlook, By Processing (2020-2028) ($MN)
  • Table 31 Global Cryogenic Equipment Market Outlook, By Liquefaction (2020-2028) ($MN)
  • Table 32 Global Cryogenic Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 33 Global Cryogenic Equipment Market Outlook, By Transportation (2020-2028) ($MN)
  • Table 34 Global Cryogenic Equipment Market Outlook, By Shipping (2020-2028) ($MN)
  • Table 35 Global Cryogenic Equipment Market Outlook, By Rubber & Plastics (2020-2028) ($MN)
  • Table 36 Global Cryogenic Equipment Market Outlook, By Oil & Gas (2020-2028) ($MN)
  • Table 37 Global Cryogenic Equipment Market Outlook, By Metallurgy (2020-2028) ($MN)
  • Table 38 Global Cryogenic Equipment Market Outlook, By Food and Beverages (2020-2028) ($MN)
  • Table 39 Global Cryogenic Equipment Market Outlook, By Energy & Power (2020-2028) ($MN)
  • Table 40 Global Cryogenic Equipment Market Outlook, By Electronics (2020-2028) ($MN)
  • Table 41 Global Cryogenic Equipment Market Outlook, By Chemical & Petrochemical (2020-2028) ($MN)
  • Table 42 Global Cryogenic Equipment Market Outlook, By Marine and Aerospace (2020-2028) ($MN)
  • Table 43 Global Cryogenic Equipment Market Outlook, By Biomedical and Healthcare (2020-2028) ($MN)
  • Table 44 Global Cryogenic Equipment Market Outlook, By Agriculture, Forestry & Fishing (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.