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According to the new market research report "Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region - Global forecast to 2027", published by MarketsandMarkets™, the Cryogenic Pump Market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market.

the global cryogenic equipment market is projected to reach USD 16.6 billion by 2028 from an estimated USD 11.9 billion in 2023, at a CAGR of 6.9% during the forecast period. A cryogenic equipment is any storage or transportation apparatus that helps handle cryogenic fluids (liquefied industrial gases at temperatures below -150ºC). Typical equipment in this category include tanks, pumps, vaporizers, heat exchangers, valves, pressure regulators, and pipes. They are used in various applications, such as the production, storage, and transportation of LNG; preservation of biological materials including human tissues, sperms, and embryos; long-term storage of biological samples such as stem cells, cord blood, and tissues; development of hydrogen fuel systems, particularly for the automotive and transportation industries; as well as cooling scientific instruments on space telescopes and maintaining extremely low temperatures for space probes and vehicles, satellite launch facilities, and air separation units

According to the new market research report "Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region - Global forecast to 2027", published by MarketsandMarkets™, the Cryogenic Pump Market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market.

Natural gas prices have continued to fall lower, but while that adds pressure for some pure plays in the space, here are a few MLPs that can benefit from the trend.

Natural gas has been one of the weakest markets in recent memory. how much further does this group have to fall, and when can investors begin to see a recovery?

After a hot start, could crude oil prices be slowing their rapid rise so far in 2012 after China revised projections for its economic growth?

Stocks in the energy sector saw large gains despite dropping crude prices on news of major deals and better-than-expected earnings reports.

Oil companies mostly disappointed in light of the numerous economic factors in their favor last quarter. 2 companies; however Occidental and Chevron bucked the trend.

Bharat Book Bureau Provides the Trending Market Research Report on "India Truck Market" under Heavy Industry category. The Truck segment is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. India Truck Market is projected to surpass $ 11 billion in 2023.

Bharat Book Bureau Provides the Trending Market Research Report on "India City Gas Distribution Market" under Heavy Industry category. "India City Gas Distribution Market By Type (CNG Vs PNG), By Source of Supply, By End Use, Competition Forecast & Opportunities, 2013 - 2030" City Gas Distribution (CGD) market in India is forecast to reach 20,700 MMSCM by 2030. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. With an increasing number of favorable initiatives taken in the CGD sector by the Government of India, an increasing number of companies are being authorized to operate in CGD industry in different geographies across the country.