Global LNG Cryogenic Equipment Market 2025 by Company, Regions, Type and Application, Forecast to 2031

Global LNG Cryogenic Equipment Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global LNG Cryogenic Equipment market size was valued at US$ 4579 million in 2024 and is forecast to a readjusted size of USD 6411 million by 2031 with a CAGR of 5.0% during review period.

Liquefied natural gases (LNGs) have been one of the biggest factors of Cryogenic Equipment market growth. Cryogenic equipment is mainly used to store, transport, and supply LNG.

In the coming years, investments in new markets in countries such as China, Brazil and India as well as stricter government regulations will lead to higher natural gas production as more and more global companies opt to use low emissions fuel like LNG. As a result, demand for cryogenic equipment will rise worldwide, ensuring market growth.

The LNG Cryogenic Equipment industry can be broken down into several segments, Tanks, Vaporizers, Valves, Pumps, etc.

Across the world, the major players cover Linde, Air Liquide, MAN Energy Solutions, etc.

For the LNG Cryogenic Equipment industry. Linde, Air Liquide, MAN Energy Solutions are the leading companies. The top 3 manufacturers have market share about 25%. Manufacturers are increasing their R&D capabilities to diversify their product range and are also making efforts to enhance their product quality. This is likely to lead to the introduction of many advanced products in the market during the forecast period.

In this study, the sales market for LNG Cryogenic Equipment was divided into 5 geographic regions. Asia-Pacific occupies the largest sales market share with 49%. Moreover, North America is the second and holds about 24% of the total.

Based on product type, Tanks segment is projected to account for the largest consumption market share; this segment occupies 35% share in terms of consumption value.

In the applications, LNG Plants segment was estimated to account for the highest market share nearly 40%, LNG Receiving Station segment holds over 30% of the market share.

This report is a detailed and comprehensive analysis for global LNG Cryogenic Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global LNG Cryogenic Equipment market size and forecasts, in consumption value ($ Million), 2020-2031

Global LNG Cryogenic Equipment market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global LNG Cryogenic Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global LNG Cryogenic Equipment market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for LNG Cryogenic Equipment

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global LNG Cryogenic Equipment market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde, Air Liquide, MAN Energy Solutions, Furuise, Air Products & Chemicals, Wartsila, Mcdermott, IHI, Chart Industries, Toyo Kanetsu K.K., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

LNG Cryogenic Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Tanks
Vaporizers
Valves
Pumps
Others

Market segment by Application
LNG Receiving Station
LNG Plants
Others

Market segment by players, this report covers
Linde
Air Liquide
MAN Energy Solutions
Furuise
Air Products & Chemicals
Wartsila
Mcdermott
IHI
Chart Industries
Toyo Kanetsu K.K.
Emerson
Flowserve
Schlumberger(Cameron)
Kitz
Herose
ISISAN
Parker Bestobell
Auguste Cryogenics
Cryeng Group

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe LNG Cryogenic Equipment product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of LNG Cryogenic Equipment, with revenue, gross margin, and global market share of LNG Cryogenic Equipment from 2020 to 2025.

Chapter 3, the LNG Cryogenic Equipment competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and LNG Cryogenic Equipment market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of LNG Cryogenic Equipment.

Chapter 13, to describe LNG Cryogenic Equipment research findings and conclusion.