Asia Pacific Cryogenic Equipment Market Size & Outlook
Related Markets
Asia Pacific cryogenic equipment market highlights
- The Asia Pacific cryogenic equipment market generated a revenue of USD 12,438.0 million in 2025.
- The market is expected to grow at a CAGR of 7.4% from 2026 to 2033.
- In terms of segment, tank was the largest revenue generating product in 2025.
- Pumps is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2026 to 2033.
Asia Pacific data book summary
| Market revenue in 2025 | USD 12,438.0 million |
| Market revenue in 2033 | USD 21,851.7 million |
| Growth rate | 7.4% (CAGR from 2026 to 2033) |
| Largest segment | Tank |
| Fastest growing segment | Pumps |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tank, Valve, Pumps, Vaporizers, Vacuum Jacketed Piping (VJP) |
| Key market players worldwide | Chart Industries Inc, Linde PLC, Nikkiso Co Ltd, Standex International Corp, Air Liquide SA, Volkswagen AG, ULVAC Inc, Herose UK, Wessington Cryogenics, INOX India Pvt Ltd, Premier Cryogenics, Cryolor, Cryo Pur |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 46.8% of the global cryogenic equipment market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,851.7 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cryogenic Equipment Market Scope
Cryogenic Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cryo Pur | View profile | 11-50 | Palaiseau, Ile-de-France, France, Europe | http://www.cryopur.com/ |
| Cryolor | View profile | 251-500 | Ennery, Picardie, France, Europe | https://www.cryolor.com |
| Premier Cryogenics | View profile | 11-50 | Guwahati, Assam, India, Asia | http://premiercryogenics.com |
| INOX India Pvt Ltd | View profile | 251-500 | Vadodara, Gujarat, India, Asia | http://www.inoxindia.com |
| Wessington Cryogenics | View profile | 101-250 | Houghton Le Spring, Durham, United Kingdom, Europe | https://wessingtoncryogenics.com/ |
| Herose UK | View profile | 11-50 | Armthorpe, Doncaster, United Kingdom, Europe | https://www.herose.co.uk |
| ULVAC Inc | View profile | 6264 | 2500 Hagisono, Kanagawa, Chigasaki, Japan, 253-8543 | http://www.ulvac.co.jp |
| Volkswagen AG | View profile | 656134 | Berliner Ring 2, Wolfsburg, NI, Germany, 38440 | https://www.volkswagenag.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Standex International Corp | View profile | 3800 | 23 Keewaydin Drive, Salem, NH, United States, 03079 | https://www.standex.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Nikkiso Co Ltd | View profile | 8529 | 4-20-3, Ebisu, Shibuya-ku, Tokyo, Japan, 150-6022 | http://www.nikkiso.co.jp |
| Chart Industries Inc | View profile | 11637 | 2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, United States, 30107 | https://www.chartindustries.com |
Asia Pacific cryogenic equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryogenic equipment market will help companies and investors design strategic landscapes.
Tank was the largest segment with a revenue share of 34.94% in 2025. Horizon Databook has segmented the Asia Pacific cryogenic equipment market based on tank, valve, pumps, vaporizers, vacuum jacketed piping (vjp) covering the revenue growth of each sub-segment from 2021 to 2033.
The Asia Pacific region is experiencing a significant surge in the demand for cryogenic equipment across various end-use sectors, notably within the metallurgy, chemical, and automotive industries. This growth is propelled by the expanding industrial base, coupled with increasing investments in technology and infrastructure development.
In metallurgy, cryogenic equipment plays a pivotal role in enabling ultra-low temperature processes essential for enhancing material properties such as strength and durability.
The region's push toward advanced manufacturing techniques, as well as the growing chemical sector, particularly in countries such as China, India, and Japan, underscore the critical need for reliable and efficient cryogenic solutions.
Reasons to subscribe to Asia Pacific cryogenic equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific cryogenic equipment market databook
-
Our clientele includes a mix of cryogenic equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cryogenic equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cryogenic equipment market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific cryogenic equipment market size, by country, 2021-2033 (US$M)
Asia Pacific Cryogenic Equipment Market Outlook Share, 2025 & 2033 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
