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Global Cryogenic Tanks Strategic Market Report 2023: Market

Global Cryogenic Tanks Strategic Business Report 2023: Shift Towards Renewable Energy Enhances Importance of Cryogenic Energy Storage Systems

Cryogenic Equipment Global Market is Projected to Reach $22 1 Billion by 2030: Myriad Applications of Cryogenics Presents Growth Opportunities

Global Cryogenic Tanks Market Analysis Report 2022-2026 - Rising Importance of Cryogenic Tanks for Fast Biological Sample Preservation and Rapid Vaccine Freezing

Opportunities in the Global Cryogenic Tanks Market 2020-2027 - Storage and Shipping of COVID-19 Vaccines Drives Efforts to Develop Cryogenic Containers

Share this article Share this article ResearchAndMarkets.com s offering. Amid the COVID-19 crisis, the global market for Cryogenic Tanks estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027.Liquid Nitrogen, one of the segments analyzed in the report, is projected to grow at a 6.5% CAGR to reach US$2.8 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquefied Natural Gas (LNG) segment is readjusted to a revised 5.4% CAGR for the next 7-year period. This segment currently accounts for a 25% share of the global Cryogenic Tanks market.

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