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