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Cryogenic Equipment Market Analysis L.J. Collier Seahawks Jersey , Size, Share, Growth To 2022 by Grand View Research, Inc. Business Articles | May 14, 2016

New Market Research Reports Title “Cryogenic Equipment Market Analysis Size and Segment Forecasts to 2022” Has Been Added to GrandViewResearch Report Database



The global?cryogenic equipment market?is expected to reach USD 25.05 billion by 2022, according to a new report by Grand View Research Michael Dickson Seahawks Jersey , Inc. Stringent government initiatives and investments in emerging markets such as Brazil and India are expected to impel the product demand over the forecast period. Shale gas exploration has resulted in high natural gas production, thereby escalating demand in the oil & gas sector. Cryogenic equipment is widely used in LNG storage and transportation. LNG being an extremely low emission fuel is preferred by several regulatory bodies addressing environmental concerns, thereby driving the cryogenic equipment demand.


Rapid industrialization has led to widespread adoption of this equipment in the metallurgy industry. Development in metal design has resulted in the development of enhanced techniques for handling liquids and is expected to fuel market demand over the forecast period.


Browse full research report on Global Cryogenic Equipment Market:?http:www.grandviewresearchindustry-analysiscr...quipment-market


Further key findings from the report suggest:

Tanks accounted for over 55% of the overall revenue in 2014. The need to store gases for several critical industrial processes as against conventional cooling lubricants (CLFs) is anticipated to drive the product demand over forecast period. Storage segment contributed over 65% of the overall revenue and is projected to display substantial growth with a CAGR exceeding 8% from 2015 to 2022. It provides a consistent and accurate temperature for storage and is expected to play a vital role in driving demand. Growth in the power & energy segment can be primarily attributed to rapid industrialization and several government initiatives. The segment accounted for over 20% of the revenue in 2014. Asia Pacific emerged as a dominant region with market size over USD 4.0 billion in 2014. The quest for Liquefied Natural Gas (LNG) in Asia Pacific is expected to drive growth over the forecast period, making it the highest revenue generating region. North America cryogenic equipment market is anticipated to experience significant growth over the forecast period. The North American food & beverage industry has witnessed a substantial growth over the last few years; a trend anticipated to provide an impetus for future market growth. Key market participants include Cryo pure, Packo Industry, Cryofab Shaquem Griffin Seahawks Jersey , Shell-N-Tube, Cryodepot, and Taylor-Wharton International LLC. Industry participants strive to focus on innovation and technical knowledge while simultaneously trying to own several patents and trademarks along with R&D activities. Purveyors abide by regulations such as DOE 6430.1A, DOE 5481.1B, DOE 5700.6C, CGA Pamphlet P-1 Chris Carson Seahawks Jersey , CGA Pamphlet S-1.1, ASME, and ASME B31.3 to manufacture safe and functional equipment.

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Read detailed report or request for sample of this research report:?
http:www.grandviewresearchindustry-analysiscr...t-marketrequest


Grand View Research has segmented the global cryogenic equipment market based on product, gas, application, end-use Russell Wilson Seahawks Jersey , and region:


Cryogenic Equipment Product Outlook (Revenue, USD Million; 2012 - 2022)

Tank Valve Pumps & Vaporizers Vacuum Jacketed Piping (VJP) Others

Cryogenic Equipment Gas Outlook (Revenue, USD Million; 2012 - 2022)

Nitrogen Oxygen Argon Natural Gas Others

Cryogenic Equipment Application Outlook (Revenue, USD Million; 2012 - 2022)

Distribution Storage

Cryogenic Equipment End-Use Outlook (Revenue, USD Million; 2012 - 2022)

Oil & Gas Metallurgy Electronics Power & Energy Food & Beverage Healthcare Marine

Cryogenic Equipment Regional Outlook (Revenue, USD Million; 2012 - 2022)

North America Europe Asia Pacific Latin America Middle East &Africa

Browse more reports of this category by Grand View ?Research:?http:www.grandviewresearchindustryhvac-and-co...on-technologies


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Tiny Aspects May Influence Athletics A Lot Sports Articles | January 5 Ugo Amadi Green Jersey , 2012
When comes to running diets, many people hold different opinions. Some people think enough food is essential for their running, but some do not agree. To talk about this topic is really not easy thing...

When comes to running diets, many people hold different opinions. Some people think enough food is essential for their running, but some do not agree. To talk about this topic is really not easy thing. I will list my opinion about this topic in this article.
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