極低温タンク市場の2030年までの予測：原材料別、極低温液体別、用途別、エンドユーザー別、地域別の世界分析

Stratistics MRCによると、世界の極低温タンク市場は2023年に74億5,000万米ドルを占め、予測期間中のCAGRは7.1％で成長し、2030年には120億2,000万米ドルに達すると予測されています。

極低温タンクは、一般的に摂氏-150度以下の極低温で物質を貯蔵・輸送するために設計された特殊な容器です。これらのタンクは、液化天然ガス（LNG）、液体酸素、液体窒素、その他の極低温物質などの液化ガスを取り扱うために極めて重要です。エネルギー、ヘルスケア、エレクトロニクス、航空宇宙など、さまざまな産業で重要な役割を果たしており、極低温物質の保存、輸送、利用には正確な温度管理が欠かせないです。

Shell LNG Outlook 2019によると、2019年の世界のLNG需要は12.5%増加し、3,580億トンに達しました。

産業ガス需要の拡大

製造業、ヘルスケア、エレクトロニクスなどの産業では、酸素、窒素、アルゴンなどのガスに大きく依存しており、多くの場合、極低温の液体の状態で使用されています。極低温タンクは、これらのガスの貯蔵、輸送、流通において極めて重要な役割を果たしており、安全で効率的なサプライチェーンを保証しています。金属加工、化学製造、医療用途などのプロセスにおける工業用ガスの使用の増加は、極低温貯蔵ソリューションの需要を促進しています。産業が拡大し近代化し続ける中、極低温タンク市場は持続的な成長を遂げています。

高いメンテナンス要件

極低温用途では極端な温度が発生するため、材料の脆化などの問題を防止し、タンクの長期的な完全性を確保するために、厳格なメンテナンス・プロトコルが必要となります。定期的な検査、修理、安全基準の遵守は、運用コストの上昇につながり、物流上の課題となりうる。このような綿密なメンテナンス要件は、特に費用対効果の高いソリューションを求める潜在的な購買意欲を減退させる可能性があり、様々な産業における極低温タンクの普及に影響を与えています。

クライオセラピーの採用増加

クライオセラピーは、疼痛管理、炎症緩和、特定の医療処置後の回復など、様々な病状を治療するために極低温を使用する治療法です。極低温タンクは、こうした治療用途に必要な極低温ガスの供給と供給において重要な役割を果たしています。スポーツ、ヘルスケア、ウェルネス産業でクライオセラピーの人気が高まるにつれ、信頼性が高く効率的な極低温貯蔵・供給システムへの需要が高まっています。この動向は、極低温療法サービスを提供する施設の拡大するニーズに対応する極低温タンク市場に明確な機会を提供しています。

安全性への懸念

極低温マテリアルの取り扱いと貯蔵には、極低温による事故や漏出、深刻な結果を招く可能性など、固有のリスクが伴う。不十分な安全対策は、負傷、環境危険、物的損害につながる可能性があります。その結果、風評被害、法的影響、極低温タンク・ソリューションの採用に対する産業界の消極性が高まり、市場に悪影響を及ぼすことになります。

COVID-19の影響

パンデミックの初期段階において、極低温タンク市場は複数の影響を受けた。パンデミックは極低温タンクのサプライチェーン中断を引き起こし、また工場閉鎖、輸送制限、ロックダウンは極低温タンクの製造、流通、配送に影響を与えました。しかし、ヘルスケア業界では極低温タンクに対する市場の需要が増加しました。COVID-19症例の増加により、酸素を含む医療用ガスの需要が増加し、極低温タンクの保管と輸送が必要となった。このため、医療業界では極低温タンクの需要が急増しています。

予測期間中はニッケル合金セグメントが最大になる見込み

ニッケル合金セグメントが最大のシェアを占めると推定されます。ニッケル合金は強度、柔軟性、耐食性に優れているため、極低温タンクの建設に広く使用されており、低温で極低温流体を安全かつ確実に貯蔵することができます。インコネル、インコロイ、モネルなどのニッケル合金は、浅い温度でも強度と柔軟性を維持できるため、極低温タンクの建設によく使用されます。

予測期間中、エレクトロニクスセグメントのCAGRが最も高くなると予想される

エレクトロニクスセグメントは、予測期間中に有利な成長が見込まれます。極低温タンクは、MRI装置や量子コンピュータのような電子機器の超伝導材料の冷却に利用されています。極低温技術によって達成される超低温は、これらの材料が超伝導特性を示すことを可能にし、電子部品の性能と効率を高める。この分野は、精密で信頼性の高い極低温貯蔵ソリューションの需要に対応し、エレクトロニクス、医療用画像処理、量子コンピューター技術の進歩を支えています。

最大シェアの地域

アジア太平洋地域は、中国、インド、日本などの国々で窒素や酸素などの工業用ガスの需要が増加しているため、予測期間中に最大の市場シェアを占めました。これらのガスは、ヘルスケア、飲食品、エレクトロニクス、冶金などの産業で広く使用されています。さらに、中国は世界最大のLNG消費国のひとつであり、LNG貯蔵・輸送用極低温タンクの需要を牽引しています。同国は、石炭やその他の化石燃料への依存を減らし、二酸化炭素排出量を削減するため、LNGインフラに多額の投資を行っています。

CAGRが最も高い地域：

北米は予測期間中、収益性の高い成長が見込まれます。同地域では、LNGインフラ、ヘルスケア用途、航空宇宙分野の進歩が大きく成長し、極低温タンクの採用を促進しています。エネルギー部門の拡大、特に液化天然ガスの生産と輸送が市場成長に大きく寄与しています。さらに、ヘルスケア用途、宇宙開発、技術革新への注目の高まりが、北米における極低温タンクの重要性をさらに高めています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査ソース
  • 1次調査ソース
  • 2次調査ソース
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• アプリケーション分析
• エンドユーザー分析
• 新興市場
• 新型コロナウイルス感染症（COVID-19）の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の極低温タンク市場：原材料別

• ニッケル合金
• 鋼鉄
• アルミニウム合金
• その他の原材料

第6章 世界の極低温タンク市場：極低温液体別

• 液化天然ガス（LNG）
• 液体窒素
• 液体酸素
• 液体水素
• その他

第7章 世界の極低温タンク市場：用途別

• 輸送
• 保管

第8章 世界の極低温タンク市場：エンドユーザー別

• 金属加工
• エレクトロニクス
• エネルギー生成
• 医療技術
• 水処理
• 食品・飲料
• その他

第9章 世界の極低温タンク市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第10章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイル

• Linde AG
• Chart Industries, Inc.
• Cryogas Equipment Pvt. Ltd.
• Cryoquip Australia
• Fiba Technologies, Inc.
• Eden Cryogenics, LLC
• Cryofab, Inc.
• INOX India Pvt. Ltd.
• Gardner Cryogenics, Inc.
• Suretank Group Ltd.
• Wessington Cryogenics
• Auguste Cryogenics
• Air Products and Chemicals, Inc.

List of Tables

• Table 1 Global Cryogenic Tank Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global Cryogenic Tank Market Outlook, By Raw Material (2021-2030) ($MN)
• Table 3 Global Cryogenic Tank Market Outlook, By Nickel Alloy (2021-2030) ($MN)
• Table 4 Global Cryogenic Tank Market Outlook, By Steel (2021-2030) ($MN)
• Table 5 Global Cryogenic Tank Market Outlook, By Aluminum Alloy (2021-2030) ($MN)
• Table 6 Global Cryogenic Tank Market Outlook, By Other Raw Materials (2021-2030) ($MN)
• Table 7 Global Cryogenic Tank Market Outlook, By Cryogenic Liquid (2021-2030) ($MN)
• Table 8 Global Cryogenic Tank Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
• Table 9 Global Cryogenic Tank Market Outlook, By Liquid Nitrogen (2021-2030) ($MN)
• Table 10 Global Cryogenic Tank Market Outlook, By Liquid Oxygen (2021-2030) ($MN)
• Table 11 Global Cryogenic Tank Market Outlook, By Liquid Hydrogen (2021-2030) ($MN)
• Table 12 Global Cryogenic Tank Market Outlook, By Other Cryogenic Liquids (2021-2030) ($MN)
• Table 13 Global Cryogenic Tank Market Outlook, By Application (2021-2030) ($MN)
• Table 14 Global Cryogenic Tank Market Outlook, By Transportation (2021-2030) ($MN)
• Table 15 Global Cryogenic Tank Market Outlook, By Storage (2021-2030) ($MN)
• Table 16 Global Cryogenic Tank Market Outlook, By End User (2021-2030) ($MN)
• Table 17 Global Cryogenic Tank Market Outlook, By Metal Processing (2021-2030) ($MN)
• Table 18 Global Cryogenic Tank Market Outlook, By Electronics (2021-2030) ($MN)
• Table 19 Global Cryogenic Tank Market Outlook, By Energy Generation (2021-2030) ($MN)
• Table 20 Global Cryogenic Tank Market Outlook, By Medical Technology (2021-2030) ($MN)
• Table 21 Global Cryogenic Tank Market Outlook, By Water Treatment (2021-2030) ($MN)
• Table 22 Global Cryogenic Tank Market Outlook, By Food & Beverage (2021-2030) ($MN)
• Table 23 Global Cryogenic Tank Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 24 North America Cryogenic Tank Market Outlook, By Country (2021-2030) ($MN)
• Table 25 North America Cryogenic Tank Market Outlook, By Raw Material (2021-2030) ($MN)
• Table 26 North America Cryogenic Tank Market Outlook, By Nickel Alloy (2021-2030) ($MN)
• Table 27 North America Cryogenic Tank Market Outlook, By Steel (2021-2030) ($MN)
• Table 28 North America Cryogenic Tank Market Outlook, By Aluminum Alloy (2021-2030) ($MN)
• Table 29 North America Cryogenic Tank Market Outlook, By Other Raw Materials (2021-2030) ($MN)
• Table 30 North America Cryogenic Tank Market Outlook, By Cryogenic Liquid (2021-2030) ($MN)
• Table 31 North America Cryogenic Tank Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
• Table 32 North America Cryogenic Tank Market Outlook, By Liquid Nitrogen (2021-2030) ($MN)
• Table 33 North America Cryogenic Tank Market Outlook, By Liquid Oxygen (2021-2030) ($MN)
• Table 34 North America Cryogenic Tank Market Outlook, By Liquid Hydrogen (2021-2030) ($MN)
• Table 35 North America Cryogenic Tank Market Outlook, By Other Cryogenic Liquids (2021-2030) ($MN)
• Table 36 North America Cryogenic Tank Market Outlook, By Application (2021-2030) ($MN)
• Table 37 North America Cryogenic Tank Market Outlook, By Transportation (2021-2030) ($MN)
• Table 38 North America Cryogenic Tank Market Outlook, By Storage (2021-2030) ($MN)
• Table 39 North America Cryogenic Tank Market Outlook, By End User (2021-2030) ($MN)
• Table 40 North America Cryogenic Tank Market Outlook, By Metal Processing (2021-2030) ($MN)
• Table 41 North America Cryogenic Tank Market Outlook, By Electronics (2021-2030) ($MN)
• Table 42 North America Cryogenic Tank Market Outlook, By Energy Generation (2021-2030) ($MN)
• Table 43 North America Cryogenic Tank Market Outlook, By Medical Technology (2021-2030) ($MN)
• Table 44 North America Cryogenic Tank Market Outlook, By Water Treatment (2021-2030) ($MN)
• Table 45 North America Cryogenic Tank Market Outlook, By Food & Beverage (2021-2030) ($MN)
• Table 46 North America Cryogenic Tank Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 47 Europe Cryogenic Tank Market Outlook, By Country (2021-2030) ($MN)
• Table 48 Europe Cryogenic Tank Market Outlook, By Raw Material (2021-2030) ($MN)
• Table 49 Europe Cryogenic Tank Market Outlook, By Nickel Alloy (2021-2030) ($MN)
• Table 50 Europe Cryogenic Tank Market Outlook, By Steel (2021-2030) ($MN)
• Table 51 Europe Cryogenic Tank Market Outlook, By Aluminum Alloy (2021-2030) ($MN)
• Table 52 Europe Cryogenic Tank Market Outlook, By Other Raw Materials (2021-2030) ($MN)
• Table 53 Europe Cryogenic Tank Market Outlook, By Cryogenic Liquid (2021-2030) ($MN)
• Table 54 Europe Cryogenic Tank Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
• Table 55 Europe Cryogenic Tank Market Outlook, By Liquid Nitrogen (2021-2030) ($MN)
• Table 56 Europe Cryogenic Tank Market Outlook, By Liquid Oxygen (2021-2030) ($MN)
• Table 57 Europe Cryogenic Tank Market Outlook, By Liquid Hydrogen (2021-2030) ($MN)
• Table 58 Europe Cryogenic Tank Market Outlook, By Other Cryogenic Liquids (2021-2030) ($MN)
• Table 59 Europe Cryogenic Tank Market Outlook, By Application (2021-2030) ($MN)
• Table 60 Europe Cryogenic Tank Market Outlook, By Transportation (2021-2030) ($MN)
• Table 61 Europe Cryogenic Tank Market Outlook, By Storage (2021-2030) ($MN)
• Table 62 Europe Cryogenic Tank Market Outlook, By End User (2021-2030) ($MN)
• Table 63 Europe Cryogenic Tank Market Outlook, By Metal Processing (2021-2030) ($MN)
• Table 64 Europe Cryogenic Tank Market Outlook, By Electronics (2021-2030) ($MN)
• Table 65 Europe Cryogenic Tank Market Outlook, By Energy Generation (2021-2030) ($MN)
• Table 66 Europe Cryogenic Tank Market Outlook, By Medical Technology (2021-2030) ($MN)
• Table 67 Europe Cryogenic Tank Market Outlook, By Water Treatment (2021-2030) ($MN)
• Table 68 Europe Cryogenic Tank Market Outlook, By Food & Beverage (2021-2030) ($MN)
• Table 69 Europe Cryogenic Tank Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 70 Asia Pacific Cryogenic Tank Market Outlook, By Country (2021-2030) ($MN)
• Table 71 Asia Pacific Cryogenic Tank Market Outlook, By Raw Material (2021-2030) ($MN)
• Table 72 Asia Pacific Cryogenic Tank Market Outlook, By Nickel Alloy (2021-2030) ($MN)
• Table 73 Asia Pacific Cryogenic Tank Market Outlook, By Steel (2021-2030) ($MN)
• Table 74 Asia Pacific Cryogenic Tank Market Outlook, By Aluminum Alloy (2021-2030) ($MN)
• Table 75 Asia Pacific Cryogenic Tank Market Outlook, By Other Raw Materials (2021-2030) ($MN)
• Table 76 Asia Pacific Cryogenic Tank Market Outlook, By Cryogenic Liquid (2021-2030) ($MN)
• Table 77 Asia Pacific Cryogenic Tank Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
• Table 78 Asia Pacific Cryogenic Tank Market Outlook, By Liquid Nitrogen (2021-2030) ($MN)
• Table 79 Asia Pacific Cryogenic Tank Market Outlook, By Liquid Oxygen (2021-2030) ($MN)
• Table 80 Asia Pacific Cryogenic Tank Market Outlook, By Liquid Hydrogen (2021-2030) ($MN)
• Table 81 Asia Pacific Cryogenic Tank Market Outlook, By Other Cryogenic Liquids (2021-2030) ($MN)
• Table 82 Asia Pacific Cryogenic Tank Market Outlook, By Application (2021-2030) ($MN)
• Table 83 Asia Pacific Cryogenic Tank Market Outlook, By Transportation (2021-2030) ($MN)
• Table 84 Asia Pacific Cryogenic Tank Market Outlook, By Storage (2021-2030) ($MN)
• Table 85 Asia Pacific Cryogenic Tank Market Outlook, By End User (2021-2030) ($MN)
• Table 86 Asia Pacific Cryogenic Tank Market Outlook, By Metal Processing (2021-2030) ($MN)
• Table 87 Asia Pacific Cryogenic Tank Market Outlook, By Electronics (2021-2030) ($MN)
• Table 88 Asia Pacific Cryogenic Tank Market Outlook, By Energy Generation (2021-2030) ($MN)
• Table 89 Asia Pacific Cryogenic Tank Market Outlook, By Medical Technology (2021-2030) ($MN)
• Table 90 Asia Pacific Cryogenic Tank Market Outlook, By Water Treatment (2021-2030) ($MN)
• Table 91 Asia Pacific Cryogenic Tank Market Outlook, By Food & Beverage (2021-2030) ($MN)
• Table 92 Asia Pacific Cryogenic Tank Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 93 South America Cryogenic Tank Market Outlook, By Country (2021-2030) ($MN)
• Table 94 South America Cryogenic Tank Market Outlook, By Raw Material (2021-2030) ($MN)
• Table 95 South America Cryogenic Tank Market Outlook, By Nickel Alloy (2021-2030) ($MN)
• Table 96 South America Cryogenic Tank Market Outlook, By Steel (2021-2030) ($MN)
• Table 97 South America Cryogenic Tank Market Outlook, By Aluminum Alloy (2021-2030) ($MN)
• Table 98 South America Cryogenic Tank Market Outlook, By Other Raw Materials (2021-2030) ($MN)
• Table 99 South America Cryogenic Tank Market Outlook, By Cryogenic Liquid (2021-2030) ($MN)
• Table 100 South America Cryogenic Tank Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
• Table 101 South America Cryogenic Tank Market Outlook, By Liquid Nitrogen (2021-2030) ($MN)
• Table 102 South America Cryogenic Tank Market Outlook, By Liquid Oxygen (2021-2030) ($MN)
• Table 103 South America Cryogenic Tank Market Outlook, By Liquid Hydrogen (2021-2030) ($MN)
• Table 104 South America Cryogenic Tank Market Outlook, By Other Cryogenic Liquids (2021-2030) ($MN)
• Table 105 South America Cryogenic Tank Market Outlook, By Application (2021-2030) ($MN)
• Table 106 South America Cryogenic Tank Market Outlook, By Transportation (2021-2030) ($MN)
• Table 107 South America Cryogenic Tank Market Outlook, By Storage (2021-2030) ($MN)
• Table 108 South America Cryogenic Tank Market Outlook, By End User (2021-2030) ($MN)
• Table 109 South America Cryogenic Tank Market Outlook, By Metal Processing (2021-2030) ($MN)
• Table 110 South America Cryogenic Tank Market Outlook, By Electronics (2021-2030) ($MN)
• Table 111 South America Cryogenic Tank Market Outlook, By Energy Generation (2021-2030) ($MN)
• Table 112 South America Cryogenic Tank Market Outlook, By Medical Technology (2021-2030) ($MN)
• Table 113 South America Cryogenic Tank Market Outlook, By Water Treatment (2021-2030) ($MN)
• Table 114 South America Cryogenic Tank Market Outlook, By Food & Beverage (2021-2030) ($MN)
• Table 115 South America Cryogenic Tank Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 116 Middle East & Africa Cryogenic Tank Market Outlook, By Country (2021-2030) ($MN)
• Table 117 Middle East & Africa Cryogenic Tank Market Outlook, By Raw Material (2021-2030) ($MN)
• Table 118 Middle East & Africa Cryogenic Tank Market Outlook, By Nickel Alloy (2021-2030) ($MN)
• Table 119 Middle East & Africa Cryogenic Tank Market Outlook, By Steel (2021-2030) ($MN)
• Table 120 Middle East & Africa Cryogenic Tank Market Outlook, By Aluminum Alloy (2021-2030) ($MN)
• Table 121 Middle East & Africa Cryogenic Tank Market Outlook, By Other Raw Materials (2021-2030) ($MN)
• Table 122 Middle East & Africa Cryogenic Tank Market Outlook, By Cryogenic Liquid (2021-2030) ($MN)
• Table 123 Middle East & Africa Cryogenic Tank Market Outlook, By Liquefied Natural Gas (LNG) (2021-2030) ($MN)
• Table 124 Middle East & Africa Cryogenic Tank Market Outlook, By Liquid Nitrogen (2021-2030) ($MN)
• Table 125 Middle East & Africa Cryogenic Tank Market Outlook, By Liquid Oxygen (2021-2030) ($MN)
• Table 126 Middle East & Africa Cryogenic Tank Market Outlook, By Liquid Hydrogen (2021-2030) ($MN)
• Table 127 Middle East & Africa Cryogenic Tank Market Outlook, By Other Cryogenic Liquids (2021-2030) ($MN)
• Table 128 Middle East & Africa Cryogenic Tank Market Outlook, By Application (2021-2030) ($MN)
• Table 129 Middle East & Africa Cryogenic Tank Market Outlook, By Transportation (2021-2030) ($MN)
• Table 130 Middle East & Africa Cryogenic Tank Market Outlook, By Storage (2021-2030) ($MN)
• Table 131 Middle East & Africa Cryogenic Tank Market Outlook, By End User (2021-2030) ($MN)
• Table 132 Middle East & Africa Cryogenic Tank Market Outlook, By Metal Processing (2021-2030) ($MN)
• Table 133 Middle East & Africa Cryogenic Tank Market Outlook, By Electronics (2021-2030) ($MN)
• Table 134 Middle East & Africa Cryogenic Tank Market Outlook, By Energy Generation (2021-2030) ($MN)
• Table 135 Middle East & Africa Cryogenic Tank Market Outlook, By Medical Technology (2021-2030) ($MN)
• Table 136 Middle East & Africa Cryogenic Tank Market Outlook, By Water Treatment (2021-2030) ($MN)
• Table 137 Middle East & Africa Cryogenic Tank Market Outlook, By Food & Beverage (2021-2030) ($MN)
• Table 138 Middle East & Africa Cryogenic Tank Market Outlook, By Other End Users (2021-2030) ($MN)

According to Stratistics MRC, the Global Cryogenic Tank Market is accounted for $7.45 billion in 2023 and is expected to reach $12.02 billion by 2030 growing at a CAGR of 7.1% during the forecast period. Cryogenic tanks are specialized containers designed for the storage and transportation of materials at extremely low temperatures, typically below -150 degrees Celsius. These tanks are crucial for handling liquefied gases, such as liquefied natural gas (LNG), liquid oxygen, liquid nitrogen, and other cryogenic substances. They play a vital role in various industries, including energy, healthcare, electronics, and aerospace, where precise control of temperature is essential for preserving, transporting, and utilizing cryogenic materials.

According to Shell LNG Outlook 2019, global LNG demand increased by 12.5% in 2019, reaching 358 Billion tons.

Market Dynamics:

Driver:

Growing demand for industrial gases

Industries such as manufacturing, healthcare, and electronics rely heavily on gases like oxygen, nitrogen, and argon, often in their cryogenic liquid forms. Cryogenic tanks play a pivotal role in the storage, transportation, and distribution of these gases, ensuring a secure and efficient supply chain. The increased use of industrial gases in processes like metal fabrication, chemical manufacturing, and medical applications propels the demand for cryogenic storage solutions. As industries continue to expand and modernise, the cryogenic tank market experiences sustained growth.

Restraint:

High maintenance requirements

The extreme temperatures involved in cryogenic applications necessitate stringent maintenance protocols to prevent issues such as material embrittlement and ensure the tanks' long-term integrity. Regular inspections, repairs, and adherence to safety standards contribute to elevated operational costs and can pose logistical challenges. This requirement for meticulous maintenance may deter potential buyers, especially those seeking cost-effective solutions, impacting the widespread adoption of cryogenic tanks across various industries.

Opportunity:

Rising adoption of cryotherapy

Cryotherapy involves the therapeutic use of extremely low temperatures to treat various medical conditions, including pain management, inflammation reduction, and recovery after certain medical procedures. Cryogenic tanks play a crucial role in supplying and delivering the cryogenic gases required for these therapeutic applications. As the popularity of cryotherapy continues to rise across the sports, healthcare, and wellness industries, there is a growing demand for reliable and efficient cryogenic storage and delivery systems. This trend presents a distinct opportunity for the cryogenic tank market to cater to the expanding needs of facilities offering cryotherapy services.

Threat:

Safety concerns

The handling and storage of cryogenic materials involve inherent risks, including the potential for accidents, leaks, and severe consequences due to extreme low temperatures. Inadequate safety measures can lead to injuries, environmental hazards, and property damage. This will result in reputational damage, legal implications, and increased reluctance among industries to adopt cryogenic tank solutions, impacting the market adversely.

Covid-19 Impact

During the early stages of the pandemic, the cryogenic tank market had multiple effects. The pandemic has caused supply chain interruptions for cryogenic tanks; also, factory closures, restricted transportation, and lockdowns have impacted the manufacture, distribution, and delivery of these tanks. However, the healthcare industry saw a rise in the market's demand for cryogenic tanks. The number of COVID-19 cases has increased demand for medicinal gases, including oxygen, necessitating the storage and shipping of cryogenic tanks. This has led to a surge in demand for cryogenic tanks in the medical industry.

The nickel alloy segment is expected to be the largest during the forecast period

The nickel alloy segment is estimated to hold the largest share. Due to their strength, flexibility, and resistance to corrosion, nickel alloys are widely used in the construction of cryogenic tanks, providing safe and dependable storage of cryogenic fluids at low temperatures. Nickel alloys such as Inconel, Incoloy, and Monel are often used in cryogenic tank construction because they can maintain their strength and flexibility even at shallow temperatures.

The electronics segment is expected to have the highest CAGR during the forecast period

The electronics segment is anticipated to have lucrative growth during the forecast period. Cryogenic tanks are utilized for cooling superconducting materials in electronic devices like MRI machines and quantum computers. The ultra-low temperatures achieved with cryogenic technology enable these materials to exhibit superconducting properties, enhancing the performance and efficiency of electronic components. This segment addresses the demand for precise and reliable cryogenic storage solutions, supporting advancements in electronics, medical imaging, and quantum computing technologies.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period due to the increasing demand for industrial gases such as nitrogen and oxygen in countries such as China, India, and Japan. These gases are widely used in industries such as healthcare, food and beverage, electronics, and metallurgy. Moreover, China is one of the largest consumers of LNG in the world, which is driving the demand for cryogenic tanks for LNG storage and transportation. The country is investing heavily in LNG infrastructure to reduce its reliance on coal and other fossil fuels and to reduce its carbon emissions.

Region with highest CAGR:

North America is expected to witness profitable growth over the projection period. The region witnesses substantial growth in LNG infrastructure, healthcare applications, and aerospace advancements, driving the adoption of cryogenic tanks. The expanding energy sector, particularly the production and transportation of liquefied natural gas, contributes significantly to market growth. Additionally, the increasing focus on healthcare applications, space exploration, and technological innovations further elevates the importance of cryogenic tanks in North America.

Key players in the market

Some of the key players in the Cryogenic Tank Market include Linde AG, Chart Industries, Inc., Cryogas Equipment Pvt. Ltd., Cryoquip Australia, Fiba Technologies, Inc., Eden Cryogenics, LLC, Cryofab, Inc., INOX India Pvt. Ltd., Gardner Cryogenics, Inc., Suretank Group Ltd., Wessington Cryogenics, Auguste Cryogenics and Air Products and Chemicals, Inc.

Key Developments:

In January 2023, Air Liquide entered into a joint venture with TotalEnergies with the purpose of designing a hydrogen station network that would aid in installing more than 100 hydrogen stations across major highways in Europe.

In April 2022, Cryospain announced that it had begun production of two novel flat-bottom cryogenic tanks to store higher volume of LNG and liquid oxygen in Morocco and Egypt.

In December 2022, Babcock and Wilcox announced that the company has entered into a strategic agreement with Chart industries to collaborate on hydrogen generation technology. Babcock and Wilcox will be utilizing Chart's integrated hydrogen liquefaction and cryogenic carbon capture equipment and expertise. Both companies will be working together on marketing and sales, capturing consumers and projects.

Raw Materials Covered:

• Nickel Alloy
• Steel
• Aluminum Alloy
• Other Raw Materials

Cryogenic Liquids Covered:

• Liquefied Natural Gas (LNG)
• Liquid Nitrogen
• Liquid Oxygen
• Liquid Hydrogen
• Other Cryogenic Liquids

Applications Covered:

• Transportation
• Storage

End Users Covered:

• Metal Processing
• Electronics
• Energy Generation
• Medical Technology
• Water Treatment
• Food & Beverage
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Cryogenic Tank Market, By Raw Material

• 5.1 Introduction
• 5.2 Nickel Alloy
• 5.3 Steel
• 5.4 Aluminum Alloy
• 5.5 Other Raw Materials

6 Global Cryogenic Tank Market, By Cryogenic Liquid

• 6.1 Introduction
• 6.2 Liquefied Natural Gas (LNG)
• 6.3 Liquid Nitrogen
• 6.4 Liquid Oxygen
• 6.5 Liquid Hydrogen
• 6.6 Other Cryogenic Liquids

7 Global Cryogenic Tank Market, By Application

• 7.1 Introduction
• 7.2 Transportation
• 7.3 Storage

8 Global Cryogenic Tank Market, By End User

• 8.1 Introduction
• 8.2 Metal Processing
• 8.3 Electronics
• 8.4 Energy Generation
• 8.5 Medical Technology
• 8.6 Water Treatment
• 8.7 Food & Beverage
• 8.8 Other End Users

9 Global Cryogenic Tank Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Linde AG
• 11.2 Chart Industries, Inc.
• 11.3 Cryogas Equipment Pvt. Ltd.
• 11.4 Cryoquip Australia
• 11.5 Fiba Technologies, Inc.
• 11.6 Eden Cryogenics, LLC
• 11.7 Cryofab, Inc.
• 11.8 INOX India Pvt. Ltd.
• 11.9 Gardner Cryogenics, Inc.
• 11.10 Suretank Group Ltd.
• 11.11 Wessington Cryogenics
• 11.12 Auguste Cryogenics
• 11.13 Air Products and Chemicals, Inc.