Global Cryogenic Hoses Market 2017-2021

About Cryogenic Hoses
Cryogenic hoses are hoses made of multiple layers of polymers that provide excellent resistance at low temperatures for transferring liquid gases such as liquefied natural gas, liquefied petroleum gas, ammonia, ethylene, and carbon dioxide. Cryogenic technology is majorly involved in the production, maintenance, and application of low temperatures below 150?C. There has been an increase in scope of cryogenic applications from cold storage to core processes in many end-user industries. End-user industries such as petrochemical and chemical hold a major share of revenue in the global cryogenic tanks market. The application of cryogenic equipment such as pumps, vaporizers, valves, and storage tanks in major end-user industries like petrochemical and chemical has a key role in maintaining the temperature and pressure of gases like liquefied natural gas (LNG), thereby preventing leakages in equipment. The increase in the application of cryogenic equipment is expected to propel the demand for cryogenic hoses.

Technavio’s analysts forecast the global cryogenic hoses market to grow at a CAGR of 5.28% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global cryogenic hoses market for 2017-2021. To calculate the market size, the report considers the demand for cryogenic hoses from various end-user industries. The average price of different types of cryogenic hoses has been taken into consideration for estimating the market revenue.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Cryogenic Hoses Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Acme Cryogenics
• Chart Industries
• Cryofab
• Linde

Other prominent vendors
• Dantec
• Grainger
• Meiji Rubber & Chemical
• Pacific Hoseflex
• Ratermann Manufacturing
• Specma Wiro
• United Flexible
Market driver
• Increase in nitrogen application from food and beverage industry
• For a full, detailed list, view our report

Market challenge
• Slowdown in steel industry
• For a full, detailed list, view our report

Market trend
• Enhancement of scope of cryogenics through technological advances
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.