Brazil Cryogenic Equipment Market Size & Outlook
Brazil cryogenic equipment market, 2018-2030 (US$M)
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Brazil cryogenic equipment market highlights
- The Brazil cryogenic equipment market generated a revenue of USD 365.3 million in 2023 and is expected to reach USD 521.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, tanks was the largest revenue generating product in 2023.
- Pumps & Vaporizers is the most lucrative product segment registering the fastest growth during the forecast period.
Cryogenic equipment market data book summary
| Market revenue in 2023 | USD 365.3 million |
| Market revenue in 2030 | USD 521.9 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Tanks |
| Fastest growing segment | Pumps & Vaporizers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tanks, Valve, Pumps & Vaporizers, Vacuum Jacketed Piping (VJP), Other Products |
| 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, Brazil accounted for 1.5% of the global cryogenic equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cryogenic equipment market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 282.0 million by 2030.
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Cryogenic Equipment Market Scope
Cryogenic Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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.
Tanks was the largest segment with a revenue share of 33.12% in 2023. Horizon Databook has segmented the Brazil cryogenic equipment market based on tanks, valve, pumps & vaporizers, vacuum jacketed piping (vjp), other products covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Brazil cryogenic equipment market databook
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Our clientele includes a mix of cryogenic equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cryogenic equipment market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cryogenic equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cryogenic equipment market size, by product, 2018-2030 (US$M)
Brazil Cryogenic Equipment Market Outlook Share, 2023 & 2030 (US$M)
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