#Cryogenic Equipment Market Size and Share

[vipinmishra]

Cryogenic Equipment Market Dynamics: Size, Share, Trends, Growth And Forecast

Increasing demand for LNG and rising need for clean energy sources are likely to drive the market in the forecast period

According to TechSci Research report, “Cryogenic Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Cryogenic Equipment Market is experiencing a surge in demand in the forecast period. One primary driver propelling the global cryogenic equipment market is the escalating demand for Liquefied Natural Gas (LNG). As the world transitions towards cleaner energy sources, LNG has emerged as a pivotal component in the global energy mix. Cryogenic equipment, such as LNG storage tanks and vaporization systems, plays a critical role in the liquefaction, transportation, and regasification of natural gas.

The rise in demand for LNG is attributed to its environmental benefits, as it produces fewer greenhouse gas emissions compared to traditional fossil fuels. This shift towards LNG is particularly notable in the transportation and power generation sectors. The construction of new LNG terminals, coupled with expansion projects, is fueling the need for advanced cryogenic equipment. As countries invest in enhancing their LNG infrastructure to meet growing energy demands, the cryogenic equipment market is experiencing a substantial boost, reflecting the industry's integral role in supporting the global adoption of cleaner energy alternatives.

Significant driver steering the global cryogenic equipment market is the expanding range of applications in healthcare and biotechnology. Cryogenic equipment, including cryogenic storage tanks and freezers, is instrumental in preserving and storing biological materials, pharmaceuticals, and medical gases at ultra-low temperatures.

In the healthcare sector, cryogenic applications are indispensable for the storage of stem cells, tissues, and organs, facilitating advancements in regenerative medicine and organ transplantation. Also, the biotechnology industry relies heavily on cryogenic solutions for the preservation of research materials, vaccines, and biomolecules. As medical and biotechnological research and development continue to advance, the demand for cryogenic equipment is witnessing a surge.

The precision and reliability of cryogenic systems in maintaining the integrity of biological samples make them indispensable in laboratories, hospitals, and biorepositories. Consequently, the expansion of healthcare infrastructure and ongoing developments in biotechnology drive the growth of the cryogenic equipment market, positioning it as a critical enabler of breakthroughs in medical science and biopharmaceutical innovation.

Browse over XX Market data Figures spread through XX Pages and an in-depth TOC on "Global Cryogenic Equipment Market.”  https://www.techsciresearch.com/report/cryogenic-equipment-market/20008.html

The Global Cryogenic Equipment Market is segmented into product type, cryogen type, end user and region.

Based on end user, The Energy & Power segment held the largest Market share in 2023. The Energy & Power sector, particularly the LNG industry, is a major consumer of cryogenic equipment. LNG, which is natural gas cooled to cryogenic temperatures for storage and transportation, is becoming increasingly important as a cleaner and more versatile energy source.

The demand for LNG is growing globally, driven by factors such as the transition to cleaner fuels, increased energy consumption, and the rise in international LNG trade.

Cryogenic storage tanks and transportation systems are integral components of the LNG supply chain. Cryogenic conditions are necessary to keep natural gas in a liquid state, reducing its volume for more efficient storage and transport.

The construction and expansion of LNG infrastructure, including liquefaction plants, storage terminals, and LNG carriers, contribute significantly to the demand for cryogenic equipment.

The Energy & Power sector is undergoing a transition toward cleaner energy alternatives, and LNG is positioned as a key player in this shift. LNG is considered a cleaner-burning fuel compared to traditional fossil fuels, contributing to reduced greenhouse gas emissions.

Governments and industries worldwide are increasingly adopting LNG as a cleaner energy source for power generation, industrial processes, and transportation, further driving the demand for cryogenic equipment.

Cryogenic technologies are essential for the production and storage of hydrogen, which is gaining prominence as a clean and sustainable energy carrier. Cryogenic storage is particularly effective in maintaining hydrogen at extremely low temperatures, allowing for denser storage.

The increasing focus on green hydrogen and the development of hydrogen-based energy systems contribute to the demand for cryogenic equipment in the Energy & Power sector.

Cryogenic technologies play a crucial role in enhancing the efficiency and reliability of power plants. For example, cryogenic air separation units are used to produce industrial gases like oxygen and nitrogen, which find applications in combustion processes for power generation.

The overall growth in global energy demand, coupled with the need for cleaner and more efficient energy sources, drives investments in energy infrastructure. Cryogenic equipment supports the development and operation of advanced energy systems.

The strategic importance of LNG in global energy trade makes the Energy & Power sector a key driver of the cryogenic equipment market. LNG terminals and facilities, equipped with cryogenic technology, facilitate international energy trade and distribution.

Major companies operating in the Global Cryogenic Equipment Market are:

Air Liquide S.A.

Linde Plc

Emerson Electric Co.

Chart Industries Inc.

Baker Hughes Company

IHI Corporation

Kawasaki Heavy Industries Ltd

Mitsubishi Heavy Industries Ltd

Howden Broking Group Limited 

Burckhardt Compression AG

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“The Global Cryogenic Equipment Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period.  This growth is being driven by a number of factors, including the increasing demand for liquefied natural gas (LNG), the rising need for clean energy sources, and the growing use of cryogenic equipment in the healthcare, food processing, and electronics industries. For instance, LNG is a clean and efficient energy source that is becoming increasingly popular around the world. This is leading to an increase in demand for cryogenic equipment, which is used to store and transport LNG.

Additionally, The world is moving away from fossil fuels and towards cleaner energy sources such as solar, wind, and geothermal power. Cryogenic equipment is used to store and transport these renewable energy sources. Therefore, the Market of Cryogenic Equipment is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Cryogenic Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By Product Type (Valve, Tank, Vaporizer, Pump, and Others), By Cryogen Type (Nitrogen, Oxygen, Argon, Liquefied Natural Gas, and Others), By End User (Energy & Power, Chemical, Electronics, Shipping, Metallurgical, and Others), By Region, By Competition”, has evaluated the future growth potential of Global Cryogenic Equipment Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Cryogenic Equipment Market.

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#Medical Cryogenic Storage Equipment Market #Medical Cryogenic Storage Equipment Market share #Medical Cryogenic Storage Equipment Market size

[industrialresearch]

Cryopump Market Report Offers Growth Prospects 2032

The cryopump market size was valued at $580.20 million in 2020, and is estimated to reach $1.2 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032. 

A cryopump serves as a specialized vacuum pump utilized across engineering, scientific research, and manufacturing industries to achieve and maintain ultra-high vacuum (UHV) conditions. Operating on the principle of cryogenic cooling, the cryopump efficiently condenses and captures gases from a vacuum chamber by subjecting them to extremely low temperatures.

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Commonly found configuration types of cryopumps are flat and straight. Out of these two segments, the flat segment held a higher market share in terms of revenue in 2020. The flat design allows for easy integration into existing vacuum systems or equipment, making them suitable for retrofitting or upgrading existing setups. The same segment is expected to dominate the cryopump market forecast by growing with the highest CAGR.

The market is driven by the growth in the semiconductor industry in most parts of the world such as India, China, Vietnam, Malaysia, UAE, Saudi Arabia, Europe, and others. Moreover, the high installation and maintenance cost of cryopumps is a restraining factor for the market growth. On the other hand, the rising spending on R&D activities is anticipated to provide growth opportunities for the cryopump market growth.

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Top Players:

Nikkiso, SHI Cryogenics Group, Vacree Technologies Co.,Ltd, Pfeiffer Vacuum GmbH, Elliott Group, LLC., Trillium, Ebra Corporation, Nikkiso Co., Ltd, Ulvac Cryogenics, Inc., Leybold Products GmbH, Atlas Copco AB

About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: United States 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int'l: [phone] Toll Free: [phone] Fax: [phone] [email protected] Read More: https://medium.com/me/stories/public

#Cryopump Market

[chemicalsectorupdates]

Cryogenic Tanks Market Size and Growth Prospects: A Deep Dive Analysis

Cryogenic Tanks Market will grow at highest pace owing to increasing demand from chemicals and petrochemicals industry Cryogenic tanks are high-performance containers used for storing gases such as nitrogen, oxygen, argon, hydrogen and natural gas at cryogenic temperatures. Cryogenic tanks find widespread applications in shipping industrial and medical gases over long distances. They play a pivotal role in preserving perishable commodities during transportation. Cryogenic tanks offer excellent thermal insulation to maintain extremely low temperatures inside while preventing the condensation of atmospheric gases. Key advantages include durability, ease of handling and transportation. Rising demand from petrochemical facilities, gas liquefaction plants and research laboratories is fuelling sales of cryogenic tanks. The Global Cryogenic Tanks Market is estimated to be valued at US$ 6.51 Bn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the Cryogenic Tanks are ArcelorMittal, China Baowu Group, Nippon Steel Corporation, POSCO, Shagang Group, Ansteel Group. Cryogenic tanks find widespread applications in storing and transporting industrial gases in various end-use industries such as energy & power, chemicals, metallurgy, electronics, shipping and biomedical. The global cryogenic tanks market is primarily driven by increasing demand from the chemicals and petrochemicals industry. Market Trends One of the key trends in the cryogenic tanks market is the growing demand for mid-sized cryogenic tanks in the energy sector. Mid-sized tanks with capacities ranging from 10,000-40,000 liters are increasingly used for onsite storage of liquefied natural gas and hydrogen at refueling stations. Another major trend is the increasing adoption of cryogenic tanks made from composite materials. Market Opportunities One of the major opportunities for cryogenic tank manufacturers is the rising demand from the LNG industry. Rapid infrastructure development and expansion of LNG facilities across Asia Pacific and Middle East are expected to drive sales. Another key opportunity is presented by the hydrogen economy. Widespread commercialization of fuel cell vehicles and setting up of hydrogen refueling network will augment demand for hydrogen storage and transportation cryogenic tanks over the forecast period. Impact of COVID-19 on Cryogenic Tanks Market The outbreak of COVID-19 has significantly impacted the cryogenic tanks market. During the lockdown period, demand for cryogenic gases such as oxygen, nitrogen, and argon decreased sharply from industries such as oil & gas, metal manufacturing, healthcare, etc. This led to a decline in the production of cryogenic tanks. Manufacturing facilities were shut down during lockdowns to curb the spread of the virus. Supply chain disruptions affected the availability of raw materials for tank production. Transportation restrictions made it difficult to deliver completed tanks to customers. Geographical Regions with High Concentration in Cryogenic Tanks Market Asia Pacific accounts for the largest share of the global cryogenic tanks market in terms of value. This is mainly due to the massive semiconductor, metal manufacturing and healthcare industries in countries such as China, Japan, India and South Korea which create sustained demand for cryogenic gases and associated storage and transportation equipment. North America ranks second powered by oil & gas exploration activities and healthcare sector development in the US and Canada. Europe is another major regional market led by Germany, UK, France and countries increasing investments to bolster industrial gas infrastructure and expand gas transport networks for supporting manufacturing and technology industries.

#Cryogenic Tanks Market Growth #Cryogenic Tanks Market Trends #Cryogenic Tanks Market Shares

[spookysaladchaos]

Helium Purification Technology, Global Market Size Forecast, Top 12 Players Rank and Market Share

Helium Purification Technology

Helium purification technology involves processes and methods used to obtain high-purity helium gas by removing impurities and contaminants from helium sources. Helium is a valuable industrial gas with various applications, including cryogenics, welding, cooling for superconducting magnets, and analytical instrumentation. Purifying helium is crucial to meet specific purity requirements for these applications.

Helium Purification Technology Market Summary

According to the new market research report "Global Helium Purification Technology Market Report 2023-2029", published by QYResearch, the global Helium Purification Technology market size is projected to grow from USD 364.36 million in 2023 to USD 604.24 million by 2029, at a CAGR of 8.80% during the forecast period.

Figure.   Global Helium Purification Technology Market Size (US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Helium Purification Technology Market Report 2023-2029.

Market Drivers:

Growing Demand for High-Purity Helium:

Industries such as aerospace, semiconductor manufacturing, healthcare (MRI machines), and scientific research require high-purity helium for various applications. The increasing demand for high-purity helium is driving the need for efficient helium purification technologies.

Rising Applications in Healthcare Sector:

The healthcare sector, particularly in magnetic resonance imaging (MRI) machines, relies heavily on helium for cooling. As the healthcare sector continues to grow, the demand for high-quality and pure helium in healthcare applications is expected to rise, driving the need for advanced helium purification technologies.

Expanding Use in Semiconductor Manufacturing:

Helium is a critical component in the semiconductor manufacturing process, where high-purity helium is essential for various applications like cooling during the manufacturing of semiconductors. As the semiconductor industry continues to grow, so does the demand for purified helium.

Restraint:

Energy Intensive Processes:

Helium purification often involves energy-intensive processes, especially when dealing with cryogenic temperatures. The need for cooling and maintaining low temperatures during purification contributes to higher energy consumption, which can be a significant drawback.

Complexity and Cost of Equipment:

Helium purification setups can be complex and require specialized equipment. The complexity and cost of such equipment can pose a restraint, especially for smaller facilities or organizations with limited budgets.

Cost of Helium Extraction and Production:

The cost associated with extracting and producing helium, which forms the basis for purification, can be relatively high. Fluctuating helium prices and the cost of extraction from natural gas fields can impact the overall economics of helium purification.

Opportunity:

Increasing Demand for High-Purity Helium:

The demand for high-purity helium continues to rise, particularly in critical applications such as aerospace, healthcare (MRI machines), semiconductor manufacturing, and scientific research. Helium purification technology provides a valuable opportunity to meet this growing demand.

Advancements in Purification Techniques:

Ongoing advancements in purification techniques, including membrane separation, adsorption, and cryogenic distillation, create opportunities to enhance the efficiency and cost-effectiveness of helium purification processes. Improving these techniques can lead to higher purity levels and increased demand.

Cryogenic and Gas Processing Industry Growth:

The growth of the cryogenic and gas processing industry, which relies heavily on helium, offers a significant opportunity for helium purification technology. Helium is crucial in cryogenics for applications like superconducting magnets and liquefied natural gas (LNG) production.

Figure.   Helium Purification Technology, Global Market Size, The Top Five Players Hold 64.45% of Overall Market

Based on or includes research from QYResearch: Global Helium Purification Technology Market Report 2023-2029.

This report profiles key players of Helium Purification Technology such as Linde, Sumitomo Chemicals, Air Products, Air Liquide, Entegris. In 2022, the global top five Helium Purification Technology players account for 64.45% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Helium Purification Technology.

Figure.   Helium Purification Technology, Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Helium Purification Technology Market Report 2023-2029.

In terms of product type, Pressure Swing Adsorption (PSA) is the largest segment, hold a share of 75.43%.

Figure.   Helium Purification Technology, Global Market Size, Split by Application Segment

Based on or includes research from QYResearch: Global Helium Purification Technology Market Report 2023-2029.

In terms of product application, Semiconductor is the largest application, hold a share of 55.55%.

Figure.   Helium Purification Technology, Global Market Size, Split by Region (Production)

Based on or includes research from QYResearch: Global Helium Purification Technology Market Report 2023-2029.

Figure.   Helium Purification Technology, Global Market Size, Split by Region

Based on or includes research from QYResearch: Global Helium Purification Technology Market Report 2023-2029.

About The Authors

Zixin Lin - Lead Author

Email: [email protected]

Ms. Lin, she joined QYResearch in 2021 and has 3 years of industry research experience. She mainly studies semiconductors and electronics, energy and power, and automation and process control markets. She utilizes her technical knowledge to provide insight into the electronics industry.

QYResearch简介

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch has been a reliable source for end-to-end market research needs of businesses. The report coverage at QYResearch is massive and unlocks an access to hundreds of key industry verticals and thousands of micro markets. When it comes to ready-to-purchase research, our clients can select from a huge repository. Custom research and pre-booked reports have also been the popular offerings of QYResearch.

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[marketresearch99]

[imirmarketresearch]

#wafer cleaning equipment Market trend

[david843346]

Biogas Upgrading Equipment Market: Global Demand Analysis & Opportunity Outlook 2036

Research Nester’s recent market research analysis on “Biogas Upgrading Equipment Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global biogas upgrading equipment market in terms of market segmentation by type, applications, and by region.

Technological Enhancements in Upgradation of Biogas Techniques Diseases to Promote Global Market Share of Biogas Upgrading Equipment

Government subsidies and growing interest in the use of biogas serve to drive investment in biogas processing equipment and technology. As a result, both new and continuous enhancements to existing technologies, such as cryogenic refining, on-site methane enrichment, ecological lungs, etc., have been created. With the help of recent technological breakthroughs, businesses can now produce gaseous fuels by boiling dry raw materials using either a hydrolyzer via the Schmack pre-treatment process or a novel BIOFerm fermentation method.

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Some of the major growth factors and challenges that are associated with the growth of the global drug delivery systems market are:

Growth Drivers:

Collaborations between Various Nations

Growing Demand for Biogas in Electricity Generation

Challenges:

The process of removing impurities from raw biogas is costly. Biogas also includes 30%–40% carbon dioxide in addition to 1% carbon dioxide from the atmosphere and natural gas. Due of the high cost of the procedure, the invention must be optimized. This can be achieved by increasing the effectiveness of high methane production and reducing energy use. Over the course of the forecast period, increased investment to increase production in order to meet the rising demand could prove to be a significant impediment to the growth of the global biogas processing equipment market due to the high cost of the biogas refining process.

Some other factors such as high capital investment for biogas plants and impact of methane on climate may hamper the growth of biogas upgrading equipment market.

By applications, the global biogas upgrading equipment market is segmented into municipal and domestic sewage, industrial wastewater, landfill gas, and agriculture wastes. During the forecast period, the biogas upgrading equipment market for the agriculture wastes segment is anticipated to have a share of 42%. Rural areas have access to a significant amount of cellulosic biomass in the form of agricultural waste. Additionally, a rise in agricultural wastes is being caused internationally by an increase in farms. In 2022, there were over 2 million farms in the world, according to a report. In the United States, there are about 893.4 million acres of arable land, with a 446-acre average farm size. Additionally, because it includes considerable levels of lignin, cellulose, hemicelluloses, nitrogen, and carbon, agro-waste is a crucial source for the creation of biogas. Therefore, this factor is driving the growth of the segment.

By region, the Europe biogas upgrading equipment market is to generate the highest revenue by the end of 2036. The region is expected to hold a share of 27% during the forecast period. Bioenergy from renewable energy sources is crucial to achieving the ambitious target of 20% of final energy consumption set by the EU. The government's friendly support environment may have a good effect on market expansion. In 2020, biogas constituted 4.5% of the EU27's total gross inland gas consumption and 10.5% of the EU27's bioenergy consumption. As a result, the government actively promotes the use of renewable energy sources across all industries, which has sped up the development of sources including biofuels, biogas, and refined biogas.

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[investguruhub]

INOX India IPO: Strong Subscription & Grey Market Premium Surge - Should You Apply Before Bidding Ends Today?

The INOX India Limited's Initial Public Offering (IPO) is set to conclude today, December 18, 2023, after witnessing a strong subscription rate and a surge in its Grey Market Premium (GMP). With a price band of ₹627 to ₹660 per equity share, the company aims to raise ₹1,459.32 crore from the IPO, which primarily consists of Offer for Sale (OFS). Key Highlights of INOX India IPO: Subscription & Market Insights: Recommendations from Analysts: Disclaimer and Investment Advice:

Key Highlights of INOX India IPO: Key Points1. Grey Market Premium (GMP): Currently at ₹560 per equity share.2. Subscription Status: Over-subscribed by 7.14 times so far.3. Bidding Closure: Ends today, December 18, 2023.4. IPO Size: Targeting ₹1,459.32 crore through OFS.5. Lot Size: One lot comprises 22 company shares.6. Allotment Date: Likely scheduled for December 19, 2023.7. Listing Plans: BSE and NSE are the proposed listing platforms.8. Expected Listing Date: Possibly on December 21, 2023. Subscription & Market Insights: The IPO has witnessed remarkable traction with a subscription rate of 7.95 times by 10:12 AM on the third day of bidding. Notably, the retail portion has been subscribed 8.75 times, whereas the Non-Institutional Investor (NII) segment saw 16.17 times subscription. However, the Qualified Institutional Buyers (QIB) segment remains at 0.41 times against its original offer. Recommendations from Analysts: Various brokerage firms, including Marwadi Shares and Finance, Motilal Oswal, BP Equities, and others, have advocated a 'Subscribe' rating for INOX India IPO. They highlighted the company's leading position in supplying cryogenic equipment in India, its diversified portfolio, robust financials, and growth prospects due to the shift towards cleaner fuels and increased investment in electronic and space sectors. Disclaimer and Investment Advice: It's essential to note that the views expressed by analysts are individual opinions and not representative of Mint. Potential investors are urged to consult certified financial experts before making any investment decisions. The INOX India IPO, with its strong subscription figures and market confidence, presents an opportunity for investors seeking potential growth in the cryogenic equipment sector. However, prudent consideration and consultation with financial experts are advisable before investing. Stay tuned for more updates on the IPO and its forthcoming listing. Read the full article

#GMP #INOXIndiaIPO

[newstime-2]

Inox CVA IPO Listing Date and Company Details, Everything To Know About Inox CVA IPO

Inox CVA IPO bidding will be open for subscription on December 14, 2023, and will close on December 18, 2023. Reportedly, Inox CVA will finalize allotment on Tuesday, December 19, 2023; thereafter, Inox CVA will list on BSE, NSE which is accepted to be on Thursday, December 21, 2023. In this article, we'll capture the important details about Inox CVA and also bring light to the listing price of Inox CVA's shares.

Inox CVA IPO Opens With Price Band ₹627 to ₹660 Per Share

Inox CVA issued the IPO which holds a book value of ₹ 1,459.32 crores. The company offers 2.21 crore shares. Inox CVA is offering the band price at ₹627 to ₹660 per share. The one lot consists 22 number of shares which means you have to spend ₹14,520 to invest in the IPO. Furthermore, sNII can buy a minimum of 14 lots (308 shares) that amount to ₹203,280, and bNII can only invest if they buy 69 lots (1,518 shares ) amounting to ₹1,001,880. ICCI Securities Limited and Axis Capital Limited, both companies are the book-running lead managers of the Inox CVA IPO. Whereas, Kfin Technologies Limited acts as a register for the issue. The face value of Inox CVA is ₹2 per share. The public has to buy 22 shares to invest in the IPO, having book-build issue IPO type. Inox CVA is the largest supplier of cryogenic equipment in India, exporting scientific equipment, providing new technologies, and supplying gases such as Helium, Nitrogen, Oxygen, Argon, Nitrogen, LNG, and Ethylene. The company is widely known for designing, engineering, manufacturing, and supplying products that are used by many other companies. The company is the leading body to support cryogenic equipment in India, as well as in foreign markets. The Inox CVA supplies gases across the entire cryogenic temperature range, from 2~200° Kelvin (-271 to -73°C).

What Is Inox CVA IPO Listing Date?

The company is focusing on producing clean energy. Therefore, the main focus has shifted to producing liquid hydrogen, LNG, and fusion energy efficiently. Inox CVA engineering team is working frequently to bring innovative ideas that can help in producing LNG more effectively, IPO Date Opens on 14th December 2023 till 18th December 2023 Total Issue Size The total issue size is 22,110,955 worth Rs 1459.32 crore Listing Date Inox CVA IPO will be listed on 21st December 2023. Face Value ₹2 per share Price Band The bidding for Inox CVA IPO shares will be in the range of Rs 627- Rs 660 Lot Size One lot is comprised of 22 shares Inox CVA IPO GMP To be announced soon… Listing At Inox CVA IPO will be listed on BSE and NSE Issue Type Book Built Issue IPO Shareholding pre-issue 90,763,500 The company has clients that come from every part of the world which provides stability for the company. The company has many variety of products, all of which have high demand in this modern world. The Inox CVA IPO is scheduled to open on December 14, 2023, and is scheduled to close on December 18, 2023. On December 20, the company will release the Allotment share, next day means 21st December, the company will be listed on BSE and NSE.

FAQs:-

What is the IPO date of Inox CVA? The Inox CVA is offered on 14 December 2023 and closes on 18 December 2023. What is the incorporation date of Inox CVA? Inox CVS was incorporated in 1976, the group was started by Devendra Kumar Jain. Read the full article

#InoxCVAIPO #InoxCVAIPOListingDate #InoxCVAListingDate

[powermarket]

Cryogenic Equipment Market Is Booming Worldwide

The global cryogenic equipment market size stood at USD 17.24 billion in 2021. The market is estimated to rise from USD 18.06 billion in 2021 to USD 32.86 billion by 2028 at 8.9% CAGR during the forecast period. Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Cryogenic equipment Market, 2021-2028.”

According to the analysis increasing investments in LNG power plants and rising focus on processing and manufacturing industries to foster market development. The rising demand for clean energy power is anticipated to boost the market in the near future. The transportation, storage, and regasification applications for generating clean energy hold substantial potential for the growth of the market.

List of Key Companies Profiled in the Market Report: 

Chart Industries, Inc. (U.S.)

Cryofab, Inc. (U.S.)

Linde (Germany)

Nikkisso Cryoquip (U.S.)

Nikkiso Co. Ltd (Japan)

SHI Cryogenics Group (Japan)

HEROSE GMBH (Germany)

Wessington Cryogenics (U.K.)

Cryo Pur (France)

INOXCVA (INOX India Pvt Ltd) (India)

Sulzer (Switzerland)

Schlumberger (U.S.)

Flowserve Corporation (U.S.)

Fives (France)

Phpk Technologies (U.S.)

Marshall Excelsior Company (U.S.)

ACME Cryogenics (U.S.)

RegO (U.S.)

Habonim Industrial Valves & Actuators LTD (U.S.)

Impact of COVID-19:

Restrictions on Manufacturing and Transport to Hinder Market Progress

This market is expected to be negatively affected during the COVID-19 pandemic because of the restrictions imposed on manufacturing and transport activities. The sudden spike in COVID-19 infections led to the adoption of stringent norms. This has led to the closure of industries and the lack of raw materials for cryogenic equipment production. However, the adoption of production machinery, advanced sanitization methods, reduced capacities, and half capacities have enabled manufacturers to recover their losses. This factor is expected to boost market growth during the pandemic.

Report Coverage:

The report has been prepared meticulously through quantitative and qualitative assessments to offer a comprehensive market view. Notably, many primary interviews have been conducted with major stakeholders and suppliers. Primary data has been collected through questionnaires, telephonic conversations and emails. Moreover, the report also includes secondary sources, such as government websites, SEC filings and press releases. The report also gives an in-depth view of market size, share, revenue, volume and delves into SWOT analysis.

Drivers and Restraints:

Rising Demand for Clean Energy Source to Bolster Market Expansion

The rising demand for regasification, storage, and transportation of clean energy is expected to boost cryogenic equipment’s demand. The rising demand for LNG fuels for automotive use is expected to increase the equipment’s sales. Further, significant investments in the petrochemical and chemical sectors are likely to boost market growth. Rising usage of refrigerators, pumps, vaporizers, valves, and oil tankers is likely to increase the demand for the equipment. The equipment increases the safety of the fuel and maintains safety.

The rising demand for fuel storage and the rising adoption of renewable energy resources is likely to increase the equipment’s adoption. Moreover, it is also used in the healthcare sector to store blood, package medicines, and purge equipment. These factors are likely to drive the cryogenic equipment market growth.

However, the fluctuating stainless steel prices and stringent green-house emission norms may hinder the market progress.

Competitive Landscape:

Major Players Set Up Facilities to Expand Market Reach Globally

Prominent companies operating in the company set up manufacturing facilities to expand their market reach worldwide. For example, Lide declared that it had set up a novel on-site manufacturing plant in Qinzhou, China, in July 2021. The company shall supply industrial gases and oxygen to Shanghai Huayi's new chemical complex by opening up the plant. The manufacturing plant comprises three air separation units designed to supply 5,000 tons of nitrogen and 7,500 tons per day of oxygen. This strategy may enable the company to expand its market reach. In addition, the adoption of research and development may enable companies to improve their product quality and boost their brand image.

Segmentation:

By product, the market is segmented into bayonet connection, actuator, vaporizer, pump, valve, tank, and others. As per cryogen, it is categorized into helium, hydrogen, liquefied natural gas (LNG), argon, oxygen, nitrogen, and others.

Based on end-user, it is classified into marine, chemical & petrochemical, power generation, metallurgy, oil & gas, and others.

Regionally, it is grouped into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

#Cryogenic Equipment Market

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Cryogenic Market Size, Business Trends, Regional and Global Analysis, Top Players, Growth Factors by 2032

Emergen Research's latest market research report, titled Global Cryogenic Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles. This report is a fair prototype of the Cryogenic-industry containing an in-depth study of the global Cryogenic market. This report serves as a valuable source of data and information related to this industry. It covers various industry aspects with a particular focus on market scope and application areas. The report identifies the fundamental business strategies adopted by industry experts and offers an insightful study on the value chains and distribution channels of the global market. The report authors have also analyzed current industry trends, growth potential, current overview, and market limitations.

Cryogenic equipment is used to store and transport materials at extremely low temperatures, typically below -150°C. The market for cryogenic equipment is driven by a number of factors, including the increasing demand for advanced technologies, the widespread adoption of cryogenic products in the healthcare industry, and growing environmental concerns among consumers.

The global cryogenic market size was USD 21.32 Billion in 2022 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to the latest analysis by Emergen Research. One of the key drivers of the cryogenic market is the increasing demand for advanced technologies. As industries continue to evolve and become more complex, there is a growing need for equipment that can operate at extremely low temperatures. Cryogenic equipment is used in a wide range of industries, including healthcare, energy and power, food and beverages, and chemicals, among others.

Another driver of the cryogenic market is the widespread adoption of cryogenic products in the healthcare industry. Cryogenic equipment is used to store and transport medical supplies, such as vaccines, organs, plasma, and other biopharmaceuticals, at extremely low temperatures. The increasing demand for cryogenic chemicals from the healthcare sector is driving the market, as is the growing awareness of the environmental benefits of cryogenic equipment.

Despite the many drivers of the cryogenic market, there are also a number of restraints that are limiting its growth. One of the main restraints is the high cost of cryogenic equipment. The process of liquefaction for cryogenic gases is expensive, which can make it difficult for some companies to invest in this technology. Additionally, the lack of skilled professionals in the field of cryogenics can also be a limiting factor.

There are a number of growth factors that are expected to drive the cryogenic market in the coming years. One of the main growth factors is the increasing use of natural gas and LNG by countries looking to phase out or shift from coal-based energy to a cleaner form of energy. The tank segment is expected to be the fastest-growing segment in the cryogenic equipment market during the forecast period, due to its use in multiple industries to carry out different types of jobs.

The global Cryogenic market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Cryogenic industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/1959

The Global Cryogenic Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

Competitive Terrain:

The global Cryogenic industries are highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

Air Liquide, Linde Plc, Wessington Cryogenics, Chart Industries, SHI Cryogenics Group, INOX India Limited, Herose GmbH, Cryofab, Taylor-Wharton, Cryostar, Praxair Technology, Inc., Parker Hannifin Manufacturing Ltd., Absolut system, Creare LLC

To seek a discount on this report, click on the link: @ https://www.emergenresearch.com/request-discount/1959

Product Type Segmentation & Application Segmentation:

Cryogen Type Outlook (Revenue, USD Billion; 2019-2032)

Nitrogen

Argon

Oxygen

Liquefied Natural Gas

Hydrogen

Others

Application Outlook (Revenue, USD Billion; 2019-2032)

Storage

Transportation and Distribution

Processing

Others

End-Use Outlook (Revenue, USD Billion; 2019-2032)

Oil & Gas

Automotive

Chemical

Metallurgy

Food & Beverage

Marine & Aerospace

Others

Regional Analysis of the Cryogenic Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To access the full coverage of the global Cryogenic market report, visit @ https://www.emergenresearch.com/industry-report/cryogenic-market

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Cryogenic market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Cryogenic market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Cryogenic market.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1959

How will this Report Benefit you?

An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Cryogenic market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Cryogenic. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.

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About Emergen Research Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy

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The cryogenic equipment market size was valued at $19.9 billion in 2022, and is estimated to reach $39 billion by 2032, growing at a CAGR of 7% from 2023 to 2032.

[researchinenergyandpower]

According to a new market research report, The global cryogenic equipment market is projected to reach USD 17.4 billion by 2027 from an estimated market size of USD 12.5 billion in 2022, at a CAGR of 6.8% during the forecast period. The factors driving the growth for cryogenic equipment market are high demand for industrial gases from metallurgy, and energy & power industries and growing demand for cryogenic equipment across entire LNG value chain.

#Cryogenic Equipment Market

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