1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 DEFINITION 19
1.2.1 CRYOGENIC EQUIPMENT MARKET: INCLUSIONS VS. EXCLUSIONS 20
1.3 MARKET SCOPE 20
1.3.1 MARKET SEGMENTATION 20
1.3.2 REGIONS COVERED 21
1.3.3 YEARS CONSIDERED FOR THE STUDY 21
1.4 CURRENCY 22
1.5 LIMITATION 22
1.6 STAKEHOLDERS 22

2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 24
2.1.2 PRIMARY DATA 24
2.1.2.1 Key data from primary sources 25
2.1.2.2 Breakdown of primaries 26
2.2 SCOPE 26
2.3 MARKET SIZE ESTIMATION 27
2.3.1 IDEAL DEMAND-SIDE ANALYSIS 27
2.3.1.1 Assumptions 28
2.3.1.2 Calculation 28
2.3.2 SUPPLY-SIDE ANALYSIS 28
2.3.2.1 Assumptions 28
2.3.2.2 Calculation 28
2.3.3 FORECAST 30
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 30
2.5 PRIMARY INSIGHTS 31

3 EXECUTIVE SUMMARY 32

4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE OPPORTUNITIES IN THE CRYOGENIC EQUIPMENT MARKET 36
4.2 CRYOGENIC EQUIPMENT MARKET, BY EQUIPMENT 36
4.3 CRYOGENIC EQUIPMENT MARKET, BY CRYOGEN 37
4.4 CRYOGENIC EQUIPMENT MARKET, BY END-USER 37
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4.5 CRYOGENIC EQUIPMENT MARKET, BY REGION 38
4.6 ASIA PACIFIC CRYOGENIC EQUIPMENT MARKET, BY END-USER & COUNTRY 38

5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 40
5.2.1 DRIVERS 40
5.2.1.1 High demand for industrial gases from the metallurgy and energy industries 40
5.2.1.2 Growing demand for cryogenic equipment across the entire LNG value chain 42
5.2.1.3 Increasing investments in cryogenic infrastructure 42
5.2.2 RESTRAINTS 43
5.2.2.1 High initial investment for setting up cryogenic plant for large-scale industrial applications 43
5.2.3 OPPORTUNITIES 43
5.2.3.1 Growing space and satellite missions bring opportunities for cryogenic storage equipment 43
5.2.3.2 Evolving cryogenic electronics applications 44
5.2.3.3 Cryogenic energy storage systems 44
5.2.4 CHALLENGES 44
5.2.4.1 Cryogen leakage from equipment leading to hazards and greenhouse emissions 44
5.3 SUPPLY CHAIN OVERVIEW 45
5.3.1 KEY INFLUENCERS 45
5.3.1.1 Equipment Manufacturers 45
5.3.1.2 Industrial Gases Providers 45
5.3.1.3 End-Users 45

6 CRYOGENIC EQUIPMENT MARKET, BY EQUIPMENT 46
6.1 INTRODUCTION 47
6.2 TANKS 48
6.2.1 INCREASING LNG PRODUCTION IS DRIVING THE MARKET FOR TANKS 48
6.3 VALVES 49
6.3.1 HIGH DEMAND FOR INDUSTRIAL GASES FROM THE AEROSPACE AND ELECTRONICS SECTORS IS LIKELY TO BOOST THE DEMAND 49
6.4 VAPORIZERS 50
6.4.1 DEMAND FOR VAPORIZERS INCREASES AS INDUSTRIAL GASES CONSUMPTION ACROSS END-USERS INCREASE 50
6.5 PUMPS 51
6.5.1 INCREASING DEMAND FOR LNG INFRASTRUCTURE IS EXPECTED TO DRIVE THE DEMAND FOR CRYOGENIC PUMPS 51
6.6 OTHER EQUIPMENT 52
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7 CRYOGENIC EQUIPMENT MARKET, BY CRYOGEN 53
7.1 INTRODUCTION 54
7.2 NITROGEN 55
7.2.1 INCREASING INDUSTRIALIZATION CREATES HIGH DEMAND FOR NITROGEN-RELATED CRYOGENIC EQUIPMENT 55
7.3 OXYGEN 56
7.3.1 INCREASING STEEL AND IRON PRODUCTION CREATES HIGH DEMAND FOR OXYGEN RELATED CRYOGENIC EQUIPMENT 56
7.4 ARGON 57
7.4.1 DEMAND FOR ARGON-HANDLING CRYOGENIC EQUIPMENT INCREASES WITH THE DEMAND FOR ELECTRONICS 57
7.5 LNG 58
7.5.1 RISING DEMAND FOR CLEANER ENERGY SOURCE CREATES DEMAND FOR LNG INFRASTRUCTURE 58
7.6 OTHERS 59

8 CRYOGENIC EQUIPMENT MARKET, BY END-USER 61
8.1 INTRODUCTION 62
8.2 METALLURGY 63
8.2.1 RISING DEMAND OF OXYGEN LEADS TO INCREASING DEMAND FOR CRYOGENIC EQUIPMENT AT METALLURGY INDUSTRY 63
8.3 ENERGY & POWER 64
8.3.1 INCREASING NUMBER OF REFINERIES AND ENERGY STORAGE SYSTEMS DRIVE THE DEMAND FOR CRYOGENIC EQUIPMENT 64
8.4 CHEMICAL 65
8.4.1 INCREASING DEMAND FOR CHEMICAL FACILITIES IS DRIVING THE CRYOGENIC EQUIPMENT MARKET FOR CHEMICAL INDUSTRY 65
8.5 ELECTRONICS 66
8.5.1 INCREASING ELECTRONIC MANUFACTURING TO BOOST THE DEMAND FOR CRYOGENIC EQUIPMENT 66
8.6 SHIPPING 68
8.6.1 INCREASING LNG INFRASTRUCTURE DEVELOPMENT AND LNG VESSELS IS DRIVING THE MARKET FOR CRYOGENIC EQUIPMENT 68
8.7 OTHERS 69

9 CRYOGENIC EQUIPMENT MARKET, BY REGION 70
9.1 INTRODUCTION 71
9.2 ASIA PACIFIC 72
9.2.1 BY EQUIPMENT 74
9.2.2 BY CRYOGEN 74
9.2.3 BY END-USER 75
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9.2.4 BY COUNTRY 78
9.2.4.1 China 79
9.2.4.1.1 High volume manufacturing of steel and electronics is driving the Chinese cryogenic equipment market 79
9.2.4.2 India 80
9.2.4.2.1 Investments in space missions are likely to bring opportunities for cryogenic equipment during the forecast period 80
9.2.4.3 Australia 81
9.2.4.3.1 Australia’s plan to increase LNG exports will create demand for cryogenic equipment in the country 81
9.2.4.4 Japan 82
9.2.4.4.1 Increasing demand for industrial gases from the electronics industry is driving the cryogenic equipment market 82
9.2.4.5 Malaysia 83
9.2.4.5.1 Increasing manufacturing capacity for electronics to boost the cryogenic equipment market in Malaysia 83
9.2.4.6 Rest of Asia Pacific 83
9.3 EUROPE 84
9.3.1 BY EQUIPMENT 86
9.3.2 BY CRYOGEN 86
9.3.3 BY END-USER 87
9.3.4 BY COUNTRY 89
9.3.4.1 Russia 89
9.3.4.1.1 Increasing LNG imports is likely to drive the market 89
9.3.4.2 UK 90
9.3.4.2.1 Increasing construction of cryogenic energy storage systems is likely to drive the market 90
9.3.4.3 Germany 91
9.3.4.3.1 Increasing electronics manufacturing in Germany is driving the country’s cryogenic equipment market 91
9.3.4.4 France 92
9.3.4.4.1 Metallurgy end-user sector dominates the French cryogenic equipment market 92
9.3.4.5 Rest of Europe 92
9.4 NORTH AMERICA 93
9.4.1 BY EQUIPMENT 93
9.4.2 BY CRYOGEN 94
9.4.3 BY END-USER 94
9.4.4 BY COUNTRY 96
9.4.4.1 US 96
9.4.4.1.1 Increasing consumption of energy is driving the market for cryogenic equipment in the US 96
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9.4.4.2 Canada 97
9.4.4.2.1 Increasing LNG projects and metal production are likely to bring opportunities for cryogenic equipment in Canada 97
9.4.4.3 Mexico 98
9.4.4.3.1 Shale reservoirs development creates opportunities for cryogenic equipment market in Mexico 98
9.5 MIDDLE EAST 99
9.5.1 BY EQUIPMENT 99
9.5.2 BY CRYOGEN 99
9.5.3 BY END-USER 100
9.5.4 BY COUNTRY 102
9.5.4.1 Saudi Arabia 102
9.5.4.1.1 LNG projects have boosted the cryogenic equipment market in Saudi Arabia 102
9.5.4.2 UAE 103
9.5.4.2.1 Growing energy & power sector in the UAE is driving the cryogenic equipment market 103
9.5.4.3 Qatar 104
9.5.4.3.1 Increasing construction activities in Qatar are driving the cryogenic equipment market in the country 104
9.5.4.4 Rest of Middle East 105
9.6 AFRICA 106
9.6.1 BY EQUIPMENT 106
9.6.2 BY CRYOGEN 106
9.6.3 BY END-USER 107
9.6.4 BY COUNTRY 109
9.6.4.1 South Africa 109
9.6.4.1.1 Industrial growth in South Africa is expected to drive the cryogenic equipment market 109
9.6.4.2 Nigeria 110
9.6.4.2.1 Increasing demand for LNG and nitrogen in the oil & gas and shipping industries in Nigeria is driving the market 110
9.6.4.3 Algeria 111
9.6.4.3.1 Increasing oil & gas activities in Algeria are likely to drive the demand for cryogenic equipment 111
9.6.4.4 Rest of Africa 112
9.7 SOUTH AMERICA 112
9.7.1 BY EQUIPMENT 113
9.7.2 BY CRYOGEN 113
9.7.3 BY END-USER 114
9.7.4 BY COUNTRY 116
9.7.4.1 Brazil 116
9.7.4.1.1 Oil & gas industry in Brazil is expected to drive the cryogenic equipment market 116
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9.7.4.2 Argentina 117
9.7.4.2.1 Reviving oil & gas sector in Argentina is likely to bring opportunities for the cryogenic equipment market 117
9.7.4.3 Venezuela 118
9.7.4.3.1 Low industrial growth and recession in Venezuela are affecting the cryogenic equipment market 118
9.7.4.4 Rest of South America 119
10 COMPETITIVE LANDSCAPE 120
10.1 OVERVIEW 120
10.2 RANKING OF PLAYERS AND INDUSTRY CONCENTRATION, 2018 121
10.2.1 CONTRACTS & AGREEMENTS 122
10.2.2 PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/MERGERS & ACQUISITIONS 123
10.3 COMPETITIVE LEADERSHIP MAPPING 123
10.3.1 VISIONARY LEADERS 123
10.3.2 INNOVATORS 123
10.3.3 DYNAMIC 123
10.3.4 EMERGING 124
11 COMPANY PROFILES 125
(Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view)*
11.1 LINDE PLC 125
11.2 CHART INDUSTRIES 130
11.3 PARKER HANNIFIN 134
11.4 TAYLOR-WHARTON 136
11.5 WESSINGTON CRYOGENICS 138
11.6 INOXCVA 140
11.7 CRYOFAB 142
11.8 ACME CRYOGENICS 143
11.9 FLOWSERVE CORPORATION 145
11.10 EMERSON 147
11.11 AIR PRODUCTS 149
11.12 BEIJING TIANHAI CRYOGENIC EQUIPMENT 151
11.13 HEROSE GMBH 152
11.14 CRYOSTAR 153
11.15 CRYOQUIP 154
11.16 CRYOGAS INDUSTRIES 155
11.17 SHELL-N-TUBE 155
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11.18 APPLIED CRYOTECHNOLOGY 156
11.19 SHENGJIE CRYOGENIC EQUIPMENT PUBLIC LIMITED COMPANY 156
11.20 MEYER TOOLS 156
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.

12 APPENDIX 157
12.1 INSIGHTS OF INDUSTRY EXPERTS 157
12.2 DISCUSSION GUIDE 158
12.3 KNOWLEDGE STORE 161
12.4 AVAILABLE CUSTOMIZATIONS 163
12.5 RELATED REPORTS 163
12.6 AUTHOR DETAILS 164