Global cryogenic fuels market is expected to grow with a steady CAGR for the forecast period, 2022-2026. Cryogenic fuels need to be stored at a very low temperature to maintain them to be stored in the liquid state. These constitute majorly of liquified gases such as liquid nitrogen and are stored in specially designed thermally insulated containers. Cryogenic fuels are used in machinery that operates in space such as rocket ships and satellites where normal fuel cannot be used due to the presence of low temperature and absence of an environment. The high-end investments by the leading authorities of developed and developing countries for research and development activities to reach space and other exploration activities are expected to boost the global cryogenic fuels market growth in the next five years. The rise in concerns regarding the adverse effects of harmful emissions into the environment is creating the need for the generation of clean energy sources. Cryogenic fuel is cleaner than fossil fuel or gasoline and causes a lower negative impact on the environment. The use of liquified natural gas instead of gasoline during the transportation process is expected to reduce the greenhouse emission rate into the environment and lower the transportation costs due to abundance presence in the environment.

Global cryogenic fuels market can be segmented into type, end use industry, regional distribution, and company. Based on the regional analysis, the Asia-pacific region is expected to account for major global cryogenic fuels market share for the forecast period, 2022-2026. Asia-pacific is the largest market for industrial gases. Cryogenic liquid finds huge applications in the transportation sector such as the use of liquid nitrogen for tire manufacturing, welding operations, and high-pressure argon for airbags. Supportive government policies to boost the manufacturing industry are expected to surge the usage of cryogenic fuels for different purposes.

The major players operating in the global cryogenic fuels market are Air Liquide S.A., Air Products and Chemicals, Inc., Air Water Inc., Messer Group Gmbh, Praxair Technology Inc., Advanced Gas Technologies Inc., Matheson Tri-Gas, Inc., Gulf Curyo, SOL Group, Norco, Inc., among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze the historical growth of the market size of global cryogenic fuels market from 2016 to 2019.
  • To estimate and forecast the market size of global cryogenic fuels market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global cryogenic fuels market based on type, end use industry, regional distribution, and company.
  • To identify dominant region or segment in the global cryogenic fuels.
  • To identify drivers and challenges for global cryogenic fuels market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global cryogenic fuels market.
  • To identify and analyze the profile of leading players operating in global cryogenic fuels market.
  • To identify key sustainable strategies adopted by market players in global cryogenic fuels market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global cryogenic fuels market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Cryogenic fuels manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to cryogenic fuels market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global cryogenic fuels market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Cryogenic Fuels Market, By Type:

    • Liquid Nitrogen
    • Liquid Air
    • Liquid Helium
    • Liquid Neon
    • Liquid Hydrogen
    • Liquefied Natural Gas
  • Cryogenic Fuels Market, By End Use Industry:
    • Energy
    • Manufacturing
    • Aerospace
    • Healthcare
    • Chemical
    • Others
  • Cryogenic Fuels Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Poland
      • Denmark
    • South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

o   Middle East & Africa

      • Saudi Arabia
      • South Africa
      • UAE
      • Iraq
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global cryogenic fuels market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global cryogenic fuels market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Cryogenic Fuels Market

4.    Executive Summary

5.    Voice of Customers

6.    Global Cryogenic Fuels Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Liquid Nitrogen, Liquid Air, Liquid Helium, Liquid Neon, Liquid Hydrogen, and Liquefied Natural Gas)

6.2.2.     By End Use Industry (Energy, Manufacturing, Aerospace, Healthcare, Chemical, and Others)

6.2.3.     By Region

6.2.4.     By Company

6.3.  Product Market Map

7.    North America Cryogenic Fuels Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By End Use Industry

7.2.3.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Cryogenic Fuels Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By End Use Industry

7.3.2.     Canada Cryogenic Fuels Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By End Use Industry

7.3.3.     Mexico Cryogenic Fuels Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By End Use Industry

8.    Asia-Pacific Cryogenic Fuels Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By End Use Industry

8.2.3.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Cryogenic Fuels Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By End Use Industry

8.3.2.     India Cryogenic Fuels Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By End Use Industry

8.3.3.     Japan Cryogenic Fuels Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By End Use Industry

8.3.4.     South Korea Cryogenic Fuels Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By End Use Industry

8.3.5.     Australia Cryogenic Fuels Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By End Use Industry

8.3.6.     Singapore Cryogenic Fuels Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Type

8.3.6.2.2.             By End Use Industry

8.3.7.     Malaysia Cryogenic Fuels Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Type

8.3.7.2.2.             By End Use Industry

8.3.8.     Indonesia Cryogenic Fuels Market Outlook

8.3.8.1.         Market Size & Forecast

8.3.8.1.1.             By Value 

8.3.8.2.         Market Share & Forecast

8.3.8.2.1.             By Type

8.3.8.2.2.             By End Use Industry

9.    Europe Cryogenic Fuels Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By End Use Industry

9.2.3.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Cryogenic Fuels Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By End Use Industry

9.3.2.     United Kingdom Cryogenic Fuels Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By End Use Industry

9.3.3.     France Cryogenic Fuels Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By End Use Industry

9.3.4.     Italy Cryogenic Fuels Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By End Use Industry

9.3.5.     Spain Cryogenic Fuels Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By End Use Industry

9.3.6.     Poland Cryogenic Fuels Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Type

9.3.6.2.2.             By End Use Industry

9.3.7.     Denmark Cryogenic Fuels Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Type

9.3.7.2.2.             By End Use Industry

10.  South America Cryogenic Fuels Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value 

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By End Use Industry

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Cryogenic Fuels Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By End Use Industry

10.3.2.  Argentina Cryogenic Fuels Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By End Use Industry

10.3.3.  Colombia Cryogenic Fuels Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By End Use Industry

10.3.4.  Chile Cryogenic Fuels Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By End Use Industry

11.  Middle East & Africa Cryogenic Fuels Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value 

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By End Use Industry

11.2.3.  By Country

11.3.              South America: Country Analysis

11.3.1.  Saudi Arabia Cryogenic Fuels Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By End Use Industry

11.3.2.  South Africa Cryogenic Fuels Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By End Use Industry

11.3.3.  UAE Cryogenic Fuels Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By End Use Industry

11.3.4.  Iraq Cryogenic Fuels Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By End Use Industry

11.3.5.  Turkey Cryogenic Fuels Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Type

11.3.5.2.2.           By End Use Industry

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Air Liquide S.A.

14.2.2.  Air Products and Chemicals, Inc.

14.2.3.  Air Water Inc.

14.2.4.  Messer Group Gmbh

14.2.5.  Praxair Technology Inc.

14.2.6.  Advanced Gas Technologies Inc.

14.2.7.  Matheson Tri-Gas, Inc.

14.2.8.  Gulf Curyo

14.2.9.  SOL Group

14.2.10.                Norco, Inc.

15.  Strategic Recommendations

16.  About Us & Disclaimer