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.
This report contains market size and forecasts of Cryogenic Liquids in global, including the following market information:
Global Cryogenic Liquids Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cryogenic Liquids Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Cryogenic Liquids companies in 2021 (%)
The global Cryogenic Liquids market was valued at 30230 million in 2021 and is projected to reach US$ 36070 million by 2028, at a CAGR of 2.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Liquid Nitrogen Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cryogenic Liquids include Linde, Air Liquide, Air Products, Taiyo Nippon Sanso, Messer Group, Air Water, Nippon Shokubai, Sasol and SABIC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cryogenic Liquids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cryogenic Liquids Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cryogenic Liquids Market Segment Percentages, by Type, 2021 (%)
Liquid Nitrogen
Liquid Oxygen
Liquid Hydrogen
Liquid Argon
Liquid Helium
Global Cryogenic Liquids Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cryogenic Liquids Market Segment Percentages, by Application, 2021 (%)
Manufacturing
Chemical & Energy
Metals
Rubber & Plastic
Food & Beverages
Medical & Healthcare
Others
Global Cryogenic Liquids Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cryogenic Liquids Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cryogenic Liquids revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cryogenic Liquids revenues share in global market, 2021 (%)
Key companies Cryogenic Liquids sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Cryogenic Liquids sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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