Global Cryogenic Liquids Market Growth 2023-2029

Global Cryogenic Liquids Market Growth 2023-2029

A cryogenic liquid is defined as a liquid with a normal boiling point below –130°F (–90°C). The most commonly used industrial gases that are transported, handled, and stored in the liquid state at cryogenic temperatures are argon, helium, hydrogen, nitrogen, and oxygen.
The Cryogenic Liquids industry can be broken down into several segments, Liquid Nitrogen, Liquid Oxygen, etc.
Across the world, the major players cover Linde Group, Air Liquide, etc.
LPI (LP Information)' newest research report, the “Cryogenic Liquids Industry Forecast” looks at past sales and reviews total world Cryogenic Liquids sales in 2022, providing a comprehensive analysis by region and market sector of projected Cryogenic Liquids sales for 2023 through 2029. With Cryogenic Liquids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cryogenic Liquids industry.
This Insight Report provides a comprehensive analysis of the global Cryogenic Liquids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cryogenic Liquids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cryogenic Liquids market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cryogenic Liquids and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cryogenic Liquids.
The global Cryogenic Liquids market size is projected to grow from US$ 28740 million in 2022 to US$ 34800 million in 2029; it is expected to grow at a CAGR of 34800 from 2023 to 2029.
Global cryogenic liquids key players include Linde, Air Liquide, Air Products, Taiyo Nippon Sanso, Messer Group, etc. Global top 2 manufacturers hold a share over 48%.
Asia-PacificNorth America is the largest market, with a share about 30%, followed by Asia-Pacific and Europe, both have a share about 50% percent. In terms of product, liquid nitrogen is the largest segment, with a share about 50%. And in terms of application, the largest application is metals, followed by manufacturing.
This report presents a comprehensive overview, market shares, and growth opportunities of Cryogenic Liquids market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Liquid Nitrogen
Liquid Oxygen
Liquid Hydrogen
Liquid Argon
Liquid Helium
Segmentation by application
Manufacturing
Chemical & Energy
Metals
Rubber & Plastic
Food & Beverages
Medical & Healthcare
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Linde
Air Liquide
Air Products
Taiyo Nippon Sanso
Messer Group
Air Water
Nippon Shokubai
Sasol
SABIC
Rasgas
ExxonMobil
Yingde Gases
Hangzhou Hangyang
Sichuan Qiaoyuan Gas
Baosteel Gases
Tangshan Tangsteel GGSES

Key Questions Addressed in this Report
What is the 10-year outlook for the global Cryogenic Liquids market?
What factors are driving Cryogenic Liquids market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cryogenic Liquids market opportunities vary by end market size?
How does Cryogenic Liquids break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.