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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 7.08 Billion

CAGR (2026-2031)

7.59%

Fastest Growing Segment

Liquid Nitrogen

Largest Market

North America

Market Size (2031)

USD 10.98 Billion

Market Overview

The Global Cryogenic Tanker Market will grow from USD 7.08 Billion in 2025 to USD 10.98 Billion by 2031 at a 7.59% CAGR. Cryogenic tankers are specialized transport units designed to convey liquefied gases such as natural gas and hydrogen at temperatures low enough to maintain their liquid form. The primary driver for this market is the global transition toward cleaner energy sources which has surged the volume of liquefied natural gas trade. According to the International Group of Liquefied Natural Gas Importers, in 2025, the global LNG carrier fleet expanded to 831 vessels to accommodate this demand. Furthermore the increasing need for industrial gases in healthcare and manufacturing sectors continues to propel market development.

Despite this growth the sector faces a significant impediment due to the high capital investment required for constructing these complex vessels and their associated infrastructure. This financial barrier restricts the entry of new competitors and complicates fleet expansion efforts for existing operators which creates a bottleneck in the supply chain.

Key Market Drivers

The accelerated global adoption of Liquefied Natural Gas (LNG) for the clean energy transition serves as the primary catalyst for the cryogenic tanker market, as nations increasingly rely on this fuel to balance intermittent renewable energy sources. This shift has necessitated a massive expansion in maritime logistics capabilities to transport gas at extremely low temperatures, directly driving the demand for specialized containment vessels. According to Shell, February 2025, in the 'LNG Outlook 2025', global LNG trade reached 407 million tonnes in 2024, driven largely by economic growth in Asia and industrial decarbonization efforts. This surge in trade volume compels shipping operators to expand their fleets with advanced cryogenic tankers capable of maintaining the fuel's liquid state during long-haul voyages, thereby sustaining market momentum.

Strategic investments in LNG export terminals and regasification infrastructure globally further reinforce market growth by establishing the necessary supply chain backbone for increased gas flows. As production facilities expand to meet rising energy needs, the requirement for compatible transport units scales proportionally, creating a parallel demand for cryogenic storage and shipping technologies. According to the International Gas Union, May 2025, in the '2025 World LNG Report', global LNG liquefaction capacity grew to a total of 494.4 million tonnes per annum by the end of 2024. To service this expanding infrastructure, technology providers are witnessing substantial commercial activity; for instance, according to LNG Prime, in 2025, GTT secured orders for 19 LNG carriers in the first nine months of the year, reflecting the sector's robust trajectory.

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Key Market Challenges

The substantial capital investment required for the construction of cryogenic tankers presents a notable constraint on market expansion. These specialized vessels mandate precise engineering and durable materials to handle extreme temperatures, resulting in elevated production costs that directly limit fleet growth. Consequently, smaller operators often face difficulties securing the necessary financing to enter the sector. This financial burden consolidates market share among a limited number of established entities and restricts the overall capacity of the global fleet to adapt to rising trade volumes.

The impact of these rising costs is evident in recent valuation trends within the maritime sector. According to BIMCO, in 2024, the contracting price for a new large-scale LNG carrier surpassed 265 million USD. Such high asset values deter speculative ordering and force companies to maintain longer service lives for older vessels. This dynamic slows the rate at which modern capacity enters the supply chain, ultimately creating logistical bottlenecks that hamper the broader development of the global cryogenic tanker market.

Key Market Trends

The development of specialized liquid hydrogen transport solutions is driven by the shift toward zero-emission energy. Unlike liquefied natural gas, hydrogen requires storage at -253°C, necessitating advanced vacuum-insulated containment systems to minimize boil-off. This evolution is supported by government initiatives establishing intercontinental supply chains. According to the Ministry of Trade, Industry and Energy, May 2025, in the 'Liquid Hydrogen Carrier Super-Gap Leading Strategy', the South Korean government allocated 55.5 billion Won in 2025 to support the construction of a 2,000 cubic meter demonstration liquid hydrogen carrier by 2027. Such investments are accelerating the commercial readiness of these vessels.

Simultaneously, the integration of smart telemetry and digital monitoring systems is transforming fleet operations by enhancing real-time visibility into cargo conditions. Operators are deploying sensor-based networks to monitor tank pressure and boil-off gas rates, optimizing fuel efficiency and safety. This digital shift enables predictive maintenance, essential for managing high-value cryogenic cargoes. According to GTT, April 2025, in the 'Ascenz Marorka to equip the TMS Group’s entire fleet with its Smart Shipping solution' press release, the company secured a contract to deploy its digital platform across TMS Group's fleet of over 130 vessels, including gas carriers. These digital tools are becoming standard for modernizing cryogenic logistics.

Segmental Insights

Liquid nitrogen represents the fastest-growing commodity segment in the global cryogenic tanker market, driven by its critical role in the healthcare and food processing industries. The pharmaceutical sector relies heavily on this gas for the cryopreservation of biological samples and vaccines, necessitating reliable specialized transportation infrastructure. Furthermore, the food and beverage sector increasingly adopts liquid nitrogen for flash-freezing applications that maintain product quality during transit. This sustained expansion in industrial and medical applications creates strong demand for dedicated cryogenic logistics, positioning liquid nitrogen as the primary growth accelerator within the market.

Regional Insights

North America holds the leading position in the Global Cryogenic Tanker Market, driven by substantial infrastructure investments in the oil and gas sector. The United States significantly contributes to this dominance through high production and export levels of liquefied natural gas, necessitating a reliable fleet of transport vehicles. Furthermore, strict safety protocols enforced by the United States Department of Transportation encourage the adoption of compliant and durable tankers. Sustained demand for industrial gases within the healthcare and food processing industries also reinforces the region's established market supremacy.

Recent Developments

  • In May 2025, OEG Energy Group Limited officially entered the US cryogenic logistics market by investing in a new fleet of cryogenic ISO tanks based at its Houston facility. This expansion was aimed at meeting the rising demand for the safe and efficient transport of liquefied gases, including LNG, liquid oxygen, nitrogen, and argon, across North America. The Region Director Americas at OEG noted that this investment represented a significant milestone in their growth strategy, providing industries in the Gulf South with the flexibility and reliability needed to move critical resources by road, rail, and sea.
  • In May 2024, Plug Power Inc. secured contracts to supply cryogenic equipment, including liquid hydrogen trailers, to a multinational industrial gas company and a statewide electric utility. Under the terms of the strategic partnership, the company agreed to deliver five cryogenic trailers to the Canadian market to facilitate the transport of essential industrial gases such as nitrogen, argon, and oxygen. The CEO of Plug Power emphasized that their expertise in designing and manufacturing cryogenic solutions, including delivery trailers, enabled them to build long-term partnerships and support the distribution of gas products through truck trailer transportation.
  • In March 2024, Chart Industries, Inc. celebrated the grand opening of its new manufacturing facility, known as "Teddy 2," in Theodore, Alabama. This facility was designed to manufacture the world's largest shop-built cryogenic tanks, with capacities reaching up to 1,700 cubic meters. These jumbo cryogenic vessels are intended for various applications, including propellant storage for the aerospace industry and hydrogen or LNG storage for marine and power sectors. The CEO and President of Chart Industries highlighted that this expansion would support customers through increased capacity, lower freight costs, and shorter lead times.
  • In January 2024, CIMC Enric Holdings Limited announced that its subsidiary had successfully launched China's first commercial liquid hydrogen tank carrier. This development marked a significant technological breakthrough in the field of high-efficiency storage and transport equipment for liquid hydrogen in the region. The Executive Director and President of CIMC Enric stated that this achievement not only demonstrated the company's strength in product innovation but also filled a gap in the domestic market for commercial liquid hydrogen storage and transportation equipment. The launch aims to support the large-scale application of hydrogen energy by improving long-distance transport efficiency.

Key Market Players

  • Chart Industries Inc.
  • Air Products
  • INOX India Pvt. Ltd.
  • Linde PLC
  • Air Water Inc.
  • Wessington Cryogenics Ltd.
  • Super Cryogenic Systems Pvt. Ltd.
  • FIBA Technologies Inc.
  • Suretank Group Ltd.
  • Eden Cryogenic LLC

By Raw Material

By Liquid

By Application

By End User

By Region

  • Stainless Steel
  • Aluminum
  • Nickel Alloy
  • Liquefied Natural Gas
  • Liquid Nitrogen
  • Liquid Oxygen
  • Others
  • Storage
  • Transportation
  • Manufacturing
  • Healthcare
  • Food Industry
  • and Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Cryogenic Tanker Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Cryogenic Tanker Market, By Raw Material:
  • Stainless Steel
  • Aluminum
  • Nickel Alloy
  • Cryogenic Tanker Market, By Liquid:
  • Liquefied Natural Gas
  • Liquid Nitrogen
  • Liquid Oxygen
  • Others
  • Cryogenic Tanker Market, By Application:
  • Storage
  • Transportation
  • Cryogenic Tanker Market, By End User:
  • Manufacturing
  • Healthcare
  • Food Industry
  • and Others
  • Cryogenic Tanker Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cryogenic Tanker Market.

Available Customizations:

Global Cryogenic Tanker Market report 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 Tanker 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 [email protected]

Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Cryogenic Tanker Market

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Key Factors for Selecting Cryogenic Tanker Brand

5.3.  Key Satisfaction Level

5.4.  Key Challenges faced

6.    Global Cryogenic Tanker Market Outlook

6.1.  Industry Structure & Stakeholders

6.2.  Porter’s Five Force Analysis

6.3.  Market Size & Forecast

6.3.1.                By Value

6.4.  Market Share & Forecast

6.4.1.                By Raw Material {Stainless steel, Nickel Alloy, Aluminum}

6.4.2.                By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

6.4.3.                By Application {Storage, Transportation}

6.4.4.                By End User {Manufacturing, Healthcare, Food Industry, Others}

6.4.5.                By Region {North America, Europe, Asia-Pacific, Middle East & Africa, South America)}

6.4.6.                By Company (2021)

6.5.  Market Map

7.    North America Cryogenic Tanker Market Outlook

7.1.  Market Size & Forecast

7.1.1.                 By Value

7.2.  Market Share & Forecast

7.2.1.                By Raw Material {Stainless steel, Nickel Alloy, Aluminum}

7.2.2.                By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

7.2.3.                By Application {Storage, Transportation}

7.2.4.                By End User {Manufacturing, Healthcare, Food Industry, Others}

7.2.5.                By Country

7.3.  North America: Country Analysis

7.3.1.                United States Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

7.3.1.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

7.3.1.2.3.               By Application {Storage, Transportation}

7.3.1.2.4.               By End User {Manufacturing, Healthcare, Food Industry, Others}

7.3.2.                Canada Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

7.3.2.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

7.3.2.2.3.               By Application {Storage, Transportation}

7.3.2.2.4.               By End User {Manufacturing, Healthcare, Food Industry, Others}

7.3.3.                Mexico Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

7.3.3.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

7.3.3.2.3.               By Application {Storage, Transportation}

7.3.3.2.4.               By End User {Manufacturing, Healthcare, Food Industry, Others}

8.    Asia Pacific Cryogenic Tanker Market Outlook

8.1.  Market Size & Forecast

8.1.1.                 By Value

8.2.  Market Share & Forecast

8.2.1.                By Raw Material {Stainless steel, Nickel Alloy, Aluminum}

8.2.2.                By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

8.2.3.                By Application {Storage, Transportation}

8.2.4.                By End User {Manufacturing, Healthcare, Food Industry, Others}

8.2.5.              By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.                China Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

8.3.1.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

8.3.1.2.3.               By Application {Storage, Transportation}

8.3.1.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

8.3.2.                Japan Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

8.3.2.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

8.3.2.2.3.               By Application {Storage, Transportation}

8.3.2.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

8.3.3.                India Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

8.3.3.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

8.3.3.2.3.               By Application {Storage, Transportation}

8.3.3.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

8.3.4.                South Korea Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

8.3.4.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

8.3.4.2.3.               By Application {Storage, Transportation}

8.3.4.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

8.3.5.                Australia Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

8.3.5.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

8.3.5.2.3.               By Application {Storage, Transportation}

8.3.5.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

9.    Europe Cryogenic Tanker Market Outlook

9.1.  Market Size & Forecast

9.1.1.                 By Value

9.2.  Market Share & Forecast

9.2.1.                By Raw Material {Stainless steel, Nickel Alloy, Aluminum}

9.2.2.                By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

9.2.3.                By Application {Storage, Transportation}

9.2.4.                By End User {Manufacturing, Healthcare, Food Industry, Others}

9.2.5.              By Country

9.3.  Europe: Country Analysis

9.3.1.                Germany Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

9.3.1.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

9.3.1.2.3.               By Application {Storage, Transportation}

9.3.1.2.4.             By End User {Manufacturing, Healthcare, Food Industry, Others)

9.3.2.                United Kingdom Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

9.3.2.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

9.3.2.2.3.               By Application {Storage, Transportation}

9.3.2.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

9.3.3.                France Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

9.3.3.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

9.3.3.2.3.               By Application {Storage, Transportation}

9.3.3.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

9.3.4.                Italy Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

9.3.4.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

9.3.4.2.3.               By Application {Storage, Transportation}

9.3.4.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

9.3.5.                Spain Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

9.3.5.2.2.               By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

9.3.5.2.3.               By Application {Storage, Transportation}

9.3.5.2.4.              By End User {Manufacturing, Healthcare, Food Industry, Others)

10.  Middle East & Africa Cryogenic Tanker Market Outlook

10.1.        Market Size & Forecast

10.1.1.              By Value

10.2.        Market Share & Forecast

10.2.1.             By Raw Material {Stainless steel, Nickel Alloy, Aluminum}

10.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

10.2.3.             By Application {Storage, Transportation}

10.2.4.             By End User {Manufacturing, Healthcare, Food Industry, Others}

10.2.5.           By Country

10.3.              MEA: Country Analysis

10.3.1.             Saudi Arabia Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

10.3.1.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

10.3.1.2.3.             By Application {Storage, Transportation}

10.3.1.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

10.3.2.             UAE Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

10.3.2.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

10.3.2.2.3.             By Application {Storage, Transportation}

10.3.2.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

10.3.3.             South Africa Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

10.3.3.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

10.3.3.2.3.             By Application {Storage, Transportation}

10.3.3.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

10.3.4.             Kuwait Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

10.3.4.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

10.3.4.2.3.             By Application {Storage, Transportation}

10.3.4.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

11.  South America Cryogenic Tanker Market Outlook

11.1.        Market Size & Forecast

11.1.1.              By Value

11.2.        Market Share & Forecast

11.2.1.             By Raw Material {Stainless steel, Nickel Alloy, Aluminum}

11.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

11.2.3.             By Application {Storage, Transportation}

11.2.4.             By End User {Manufacturing, Healthcare, Food Industry, Others}

11.2.5.           By Country

11.3.              South America: Country Analysis

11.3.1.             Brazil Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

11.3.1.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

11.3.1.2.3.             By Application {Storage, Transportation}

11.3.1.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

11.3.2.             Argentina Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

11.3.2.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

11.3.2.2.3.             By Application {Storage, Transportation}

11.3.2.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

11.3.3.             Colombia Cryogenic Tanker Market

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 Raw Material {Stainless steel, Nickel Alloy, Aluminum}

11.3.3.2.2.             By Liquid {Liquefied Natural Gas, Liquid Nitrogen, Liquid Oxygen, others)

11.3.3.2.3.             By Application {Storage, Transportation}

11.3.3.2.4.            By End User {Manufacturing, Healthcare, Food Industry, Others)

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends and Developments

14.  Policy and Regulatory Landscape

15.  Supply Chain Analysis

16.  Import-Export Analysis

17.  Company Profiles

17.1.      Chart Industries, Inc,

17.2.      Air Products

17.3.      INOX India Pvt. Ltd

17.4.      Linde PLC

17.5.      Air Water Inc

17.6.      Wessington Cryogenics Ltd

17.7.      Super Cryogenic Systems Pvt Ltd

17.8.      FIBA Technologies Inc

17.9.      Suretank Group Ltd

17.10.   Eden Cryogenic LLC

17.11.   M1 Engineering.                                                              

18.  Strategic Recommendations

19.  About Us & Disclaimer

Figures and Tables

Figure 1: Global Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 2: Global Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 3: Global Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 4: Global Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 5: Global Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 6: Global Cryogenic Tanker Market Share, By Region, By Value, 2017-2027F

Figure 7: Global Cryogenic Tanker Market Share, By Company, By Value, 2021

Figure 8: Global Cryogenic Tanker Market Map, By Raw Material, Market Size (USD Million) & Growth Rate (%), 2021

Figure 9: Global Cryogenic Tanker Market Map, By Liquid, Market Size (USD Million) & Growth Rate (%), 2021

Figure 10: Global Cryogenic Tanker Market Map, By Application, Market Size (USD Million) & Growth Rate (%), 2021

Figure 11: Global Cryogenic Tanker Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 12: Global Cryogenic Tanker Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021

Figure 13: North America Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 14: North America Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 15: North America Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 16: North America Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 17: North America Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 18: North America Cryogenic Tanker Market Share, By Country, By Value, 2017-2027F

Figure 19: United States Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 20: United States Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 21: United States Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 22: United States Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 23: United States Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 24: Canada Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 25: Canada Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 26: Canada Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 27: Canada Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 28: Canada Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 29: Mexico Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 30: Mexico Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 31: Mexico Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 32: Mexico Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 33: Mexico Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 34: Asia-Pacific Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 35: Asia-Pacific Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 36: Asia-Pacific Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 37: Asia-Pacific Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 38: Asia-Pacific Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 39: Asia-Pacific Cryogenic Tanker Market Share, By Country, By Value, 2017-2027F

Figure 40: China Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 41: China Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 42: China Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 43: China Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 44: China Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 45: Japan Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 46: Japan Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 47: Japan Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 48: Japan Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 49: Japan Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 50: India Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 51: India Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 52: India Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 53: India Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 54: India Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 55: South Korea Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 56: South Korea Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 57: South Korea Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 58: South Korea Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 59: South Korea Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 60: Australia Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 61: Australia Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 62: Australia Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 63: Australia Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 64: Australia Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 65: Europe Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 66: Europe Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 67: Europe Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 68: Europe Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 69: Europe Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 70: Europe Cryogenic Tanker Market Share, By Country, By Value, 2017-2027F

Figure 71: Germany Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 72: Germany Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 73: Germany Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 74: Germany Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 75: Germany Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 76: United Kingdom Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 77: United Kingdom Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 78: United Kingdom Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 79: United Kingdom Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 80: United Kingdom Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 81: France Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 82: France Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 83: France Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 84: France Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 85: France Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 86: Italy Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 87: Italy Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 88: Italy Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 89: Italy Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 90: Italy Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 91: Spain Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 92: Spain Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 93: Spain Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 94: Spain Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 95: Spain Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 96: Middle East & Africa Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 97: Middle East & Africa Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 98: Middle East & Africa Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 99: Middle East & Africa Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 100: Middle East & Africa Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 101: Middle East & Africa Cryogenic Tanker Market Share, By Country, By Value, 2017-2027F

Figure 101: Saudi Arabia Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 102: Saudi Arabia Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 103: Saudi Arabia Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 104: Saudi Arabia Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 105: UAE Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 106: UAE Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 107: UAE Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 108: UAE Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 109: South Africa Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 110: South Africa Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 111: South Africa Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 112: South Africa Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 113: Kuwait Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 114: Kuwait Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 115: Kuwait Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 116: Kuwait Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 117: South America Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 118: South America Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 119: South America Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 120: South America Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 121: South America Cryogenic Tanker Market Share, By End User, By Value, 2017-2027F

Figure 122: South America Cryogenic Tanker Market Share, By Country, By Value, 2017-2027F

Figure 121: Brazil Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 122: Brazil Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 123: Brazil Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 124: Brazil Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 125: Argentina Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 126: Argentina Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 127: Argentina Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 128: Argentina Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Figure 129: Colombia Cryogenic Tanker Market Size, By Value (USD Million), 2017-2027F

Figure 130: Colombia Cryogenic Tanker Market Share, By Raw Material, By Value, 2017-2027F

Figure 131: Colombia Cryogenic Tanker Market Share, By Liquid, By Value, 2017-2027F

Figure 132: Colombia Cryogenic Tanker Market Share, By Application, By Value, 2017-2027F

Frequently asked questions

Frequently asked questions

The market size of the Global Cryogenic Tanker Market was estimated to be USD 7.08 Billion in 2025.

North America is the dominating region in the Global Cryogenic Tanker Market.

Liquid Nitrogen segment is the fastest growing segment in the Global Cryogenic Tanker Market.

The Global Cryogenic Tanker Market is expected to grow at 7.59% between 2026 to 2031.

Related Reports

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