Cryogenic Pump Market Size, Share & Growth Analysis Cryogenic pumps are used to create, withstand and operate in temperatures of -1200 C. They are also used for refrigeration purposes. The major factors include growing demand for LNG sectors, which provide power generation and domestic & commercial fuel. Furthermore, the growing demand for medical gases in healthcare facilities, and electricity generation from renewable resources. Get More Info: https://www.fortunebusinessinsights.com/industry-reports/cryogenic-pump-market-100824 The global cryogenic pump market research report highlights leading regions worldwide to better understand the user. Furthermore, the market research report provides insights into the latest market trends and analyzes technologies deployed at a rapid pace at a global level. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the industry. LIST OF KEY COMPANIES PROFILED: • Nikkiso Co., Ltd (Japan) • SHI Cryogenics Group (Japan) • Ebara Corporation (Japan) • The Weir Group PLC (Scotland) • Fives (France) • Sulzer (Switzerland) • Flowserve Corporation (U.S.) • INOXCVA (India) • Cryostar (France) • Phpk Technologies (U.S.) • Vanzetti Engineering (Italy) FREQUENTLY ASKED QUESTIONS • How much is the global cryogenic pump market worth? • Fortune Business Insights says that the global cryogenic pump market size was USD 3.41 billion in 2021 and is projected to reach USD 6.64 billion by 2029. • What was the value of the cryogenic pump market in Asia Pacific in 2021? • At what CAGR is the cryogenic pump market projected to grow during the forecast period (2022-2029)? • Which is the dominating type segment in the market?

Cryogenic Pump Market Size, Share & Growth Analysis and Forecast 2023-2029 Cryogenic pumps are used to create, withstand and operate in temperatures of -1200 C. They are also used for refrigeration purposes. The major factors include growing demand for LNG sectors, which provide power generation and domestic & commercial fuel. Furthermore, the growing demand for medical gases in healthcare facilities, and electricity generation from renewable resources. Read More: https://www.fortunebusinessinsights.com/industry-reports/cryogenic-pump-market-100824 Growing investments from the industrial sector such as metallurgy, healthcare, food & beverage, and electronics in the developing economies are expected to accelerate the demand. The transportation, storage, and regasification applications of cryogenic gases such as nitrogen, argon, oxygen, and LNG, hold a strong potential for the market's growth. According to World Investment Report 2020, published by United Nations publications, Asia has the largest share for FDI inflow, decreasing 4.95% to USD 473.8 billion in 2019. A positive displacement cryogenic pump carries fluid by catching a permanent amount of the liquid and compelling it inside the discharge pipe. These pumps are specifically used to move the cryogenic liquid from one place to another. They are used to pump high viscosity fluids and are preferred in any application where accurate dosing or high-pressure output is required. The global cryogenic pump market research report highlights leading regions worldwide to better understand the user. Furthermore, the market research report provides insights into the latest market trends and analyzes technologies deployed at a rapid pace at a global level. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the industry.