Cryogenic Vaporizer Market Growth and Industry Overview 2018 to 2022
“Global Cryogenic Vaporizer Market 2018-2022” presents an in-depth assessment of the Cryogenic Vaporizer including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Cryogenic Vaporizer investments from 2018 till 2022.
Our analysts forecast the global cryogenic vaporizer market to grow at a CAGR of 6.31% during the period 2018-2022.
This report provides a detailed analysis of the Cryogenic Vaporizer market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Essential points covered in Global Cryogenic Vaporizer Market 2018 Research are:-
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the Global Cryogenic Vaporizer market?
- What are the key market trends impacting the growth of the Global Cryogenic Vaporizer market?
- What are the challenges to market growth?
- Who are the key vendors in the Global Cryogenic Vaporizer market?
- What are the market opportunities and threats faced by the vendors in the Global Cryogenic Vaporizer market?
- What are the key outcomes of the five forces analysis of the Global Cryogenic Vaporizer market?
This independent 125 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Cryogenic Vaporizer market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.
Furthermore, the report provides a detailed analysis of the Global Cryogenic Vaporizer market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
The market is divided into the following segments based on geography: Americas, APAC, EMEA.
Companies Mentioned are: BIRO Manufacturing Company, Butcher Boy Machines International, Globe Food Equipment, Hobart, and Sirman.
MIR Announces the Publication of its Research Report: Global Cryogenic Vaporizer Market 2018-2022
Commenting on the report, an analyst from MIR’s team said: One trend in the market is technological advances enhance scope of cryogenics. Cryogenic technology has improved at a rapid rate in the recent years. Intense research on cryogenics worldwide has led to technological advances that have broadened the scope of cryogenics in all major end-users such as medical, industrial, energy, and food processing. In the recent years, technologies such as hydrofracturing have boosted the oil and gas production to new heights; however, the environmental impact of this process has laid down concerns regarding the future of this technology.
According to the report, one driver in the market is increasing popularity of cryogenics in the life sciences industry. The global life sciences industry is constantly experiencing technological advances and innovations in areas such as immunotherapy, vaccinations, regenerative medicines, and biopharmaceuticals. These areas require cryogenic temperatures for storage, preservation, and treatment applications. For instance, in immunotherapies such as chimeric antigen receptor (CAR) T-cell therapy, immune cells named T-cells are collected from the patient’s blood and are genetically engineered to produce special receptors on the surface known as chimeric antigen receptors.
Further, the report states that one challenge in the market is operational issues in LNG plants. The major concern for liquid metal embrittlement (LME) in an LNG plant arises from exposure of aluminum alloys in the cold box to accumulated mercury from the feed gas. LME is a corrosive attack that causes cracks in the equipment due to the presence of mercury. The amount of mercury and its location in cryogenic exchangers are often unknown and difficult to estimate. As long as the cold temperature remains below the freezing point of mercury at -37.9F, the plant will not face any LME issues.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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