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A Deeper Look At Cryogenic Pump Market, Forecast to 2027

[224 Pages Report] The global cryogenic pump market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The primary driver to the cryogenic pump market is the increasing demand for cryogenic gases from the energy & power industry, especially the oil & gas sector.

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A Deeper Look At Cryogenic Pump Market, Forecast to 2027

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  1. Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region - Global forecast to 2027 www.MarketsandMarkets.com

  2. The global cryogenic pump market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market. View detailed Table of Content here –https://www.marketsandmarkets.com/Market-Reports/cryogenic-pump-market-53446001.html

  3. Nitrogen: The largest segment of the Cryogenic pump market, by equipment The cryogenic pump market, by cryogen, is segmented into nitrogen, argon, oxygen, LNG, helium, hydrogen, and other cryogens. Other cryogens include nitrous oxide, ethylene, and carbon dioxide. The nitrogen segment is expected to hold the largest size of the market for cryogenic pump market. The high market share of the nitrogen segment can be attributed to the high demand for liquified nitrogen from the energy & power and electronics industries. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=53446001

  4. The energy & power segment is expected to be the most significant cryogenic pump market, by end user The cryogenic pump market, by cryogen, is segmented metallurgy, energy & power, chemicals, electronics, healthcare & pharmaceuticals and others. Others include food & beverage, shipping and infrastructure industries. The enhanced demand from the energy & power industry, especially from the oil & gas sector is expected to drive the growth of the segment.

  5. Browse >> 221 market data tables 49 figures 224 pagesand in-depth TOC on “Cryogenic Pump Market- Global Forecast to 2027” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  6. Asia Pacific is expected to dominate the global cryogenic pump market The Asia Pacific region is estimated to be the largest market for the cryogenic pump market, followed by North America. The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The growth of the Asia Pacific cryogenic pump market is expected to be primarily driven by the development of energy & power and metallurgy industries in the emerging economies such as India and China. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=53446001

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Cryogenic Pump Market. These include • Atlas Copco AB (Sweden), • EBARA CORPORATION (Japan), • SHI Cryogenics Group (Japan), • Nikkiso Co., Ltd. (Japan) • Fives Group (France) among others... • Buy Now : - https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=53446001

  8. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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