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Asia Pacific Cryogenic Tanks Market Share

Report ID: GMI6606
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Cryogenic Tanks Market Share

Some of the leading companies operating in the APAC cryogenic tanks market includes

INOX
Linde PLC
Chart Industries
Cryolor
Beijing Tianhai Industry
Cryoequip
Acme Cryogenics
Air Products and Chemicals
Air Water Inc
Cryogas Equipment Private Limited
FIBA Technologies, Inc
Vijay Tanks & Vessels (P) Limited
Shengjie Cryogenic Equipment Public Limited Company
IWI Cryogenic Vaporization Systems
Nikkiso
Hangzhou Chuankong General Equipment
Wessington Cryogenics

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of cryogenic tanks in APAC was reached USD 2.8 billion in 2023 and will witness 6.1% CAGR from 2024 to 2032, due to the rising demand for LNG coupled with robust investments toward healthcare establishments.

Asia Pacific liquid nitrogen cryogenic tanks market size crossed USD 800 million in 2022 driven by the increasing investments toward food & beverage, healthcare, transportation, pharmaceutical & biotechnology industry in the region.

China cryogenic tanks industry size is projected to reach USD 1.2 billion by 2032 due to the rapid surge in urbanization and the concurrent rise in per capita incomes.

Few of the major cryogenic tank suppliers in APAC include INOX, Linde PLC, Chart Industries, Cryolor, Beijing Tianhai Industry, Cryoequip, Acme Cryogenics, Air Products and Chemicals, Air Water Inc, Cryogas Equipment Private Limited, FIBA Technologies, Inc, and Vijay Tanks & Vessels (P) Limited.