Global Cryogenic Storage Tanks & Vessels market cagr 11.6%

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Cryogenic Storage Tanks & Vessels Market

Cryogenic Storage Tanks & Vessels Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

2031

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Cryogenic Storage Tanks & Vessels Market Size and Growth

The global cryogenic storage tanks & vessels market is projected to reach a value of $9.14 billion by 2025, with a CAGR of 5.1% from 2020 to 2025. The market is driven by increasing demand for LNG and growing industrial gas sector. Innovative technologies and increasing applications in various industries are also contributing to market growth.

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Companies Covered

(Covid 19 Impact Covered)

◍ Inox India Private

◍ Cryofab

◍ Linde

◍ Chart Industries

◍ VRV SPA

◍ Suretank

◍ Saint Gobain (ISOVER)

◍ Eden Cryogenics

◍ FNF Gas Technology Products

◍ Cryoquip Australia

◍ Gardner Cryogenics

◍ Worthington Industries

◍ Cryogas Equipment

◍ Fiba Technologies

The Cryogenic Storage Tanks & Vessels Market is competitive with key players like Inox India Private, Cryofab, Linde, Chart Industries, and more. These companies offer a range of cryogenic storage solutions for various industries, contributing to the growth of the market. Inox India reported sales revenue of $100 million, Linde reported $28.75 billion, and Chart Industries reported $1.41 billion.

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Market Segmentation

By Application

Storage

Transportation

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By Product

◍ LNG ◍ LPG ◍ Nitrogen ◍ Oxygen ◍ Argon ◍ Others ◍

Market Growth

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$ X Billion USD

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