Cryogenic Tanks Market Size, Share, Trends, Dynamics, Forecast, Industry, & Growth Analysis
The cryogenic tanks market was estimated at USD 7.55 billion in 2022 and is likely to grow at a CAGR of 5.33% during 2023-2028 to reach USD 10.35 billion by 2028. The increasing demand for LNG, liquid oxygen, liquid nitrogen in various end-use industries, including food and beverage, pharmaceuticals, and petrochemicals, is likely to drive the market for cryogenic tanks during the forecast period.
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