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Download Free sampleThe global Cryogenic Liquids market was valued at 2623.19 Million USD in 2021 and will grow with a CAGR of 2.79% from 2021 to 2027, based on Research newly published report.
The prime objective of Cryogenic Liquids Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Cryogenic Liquids Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A cryogenic liquid is defined as a liquid with a normal boiling point below -130?F (-90?C). The most commonly used industrial gases that are transported, handled, and stored in the liquid state at cryogenic temperatures are argon, helium, hydrogen, nitrogen, and oxygen.The Cryogenic Liquids industry can be broken down into several segments, Liquid Nitrogen, Liquid Oxygen, etc. Across the world, the major players cover Linde Group, Air Liquide, etc. Global Cryogenic Liquids key players include Linde, Air Liquide, Air Products, Taiyo Nippon Sanso, Messer Group, etc. Global top five manufacturers hold a share over 50%. Asia-Pacific is the largest market, with a share over 30%, followed by North America and Europe, both have a share about 50% percent. In terms of product, Liquid Nitrogen is the largest segment, with a share over 60%. And in terms of application, the largest application is Metals, followed by Manufacturing & Chemical & Energy.
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