Global Cryogenic Hoses Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

Cryogenic hoses are particular indispensable assembly or equipment used for the efficient and effective transfer of cryogenic liquids and liquid gases, such as liquid nitrogen, liquid helium, liquid oxygen, liquid argon liquefied petroleum gas (LPG), liquefied natural gas (LNG), ethylene, ammonia and carbon dioxide. Cryogenic technology is largely involved in the operation, production and maintenance of gases below -150 degree C. Cryogenic hoses possess exceptional properties, such as exceptional thermal resistance, resistance against chemicals, long operating and service life and ease in usage and they also reduce maintenance cost. Conventionally, major cryogenic hoses are manufactured from polymers wherein different layers of polymers are superimposed together to form a composite, which is used as the base material. Composites are generally lightweight in nature and provide better shear stress properties. Stainless steel is also adopted as a material of choice for the manufacturing of cryogenic hoses, owing to its exceptional mechanical and thermal properties. Stainless steel also provides resistance against acids and alkali, which help in increasing the life of cryogenic hoses.
Globally, the cryogenic hoses market has been witnessing enormous demand and progress over the past few years and the same trend will be observed in the upcoming years. The main reason behind the huge demand for cryogenic hoses is the adoption of the assembly in different applications. Massive development of petrochemical complexes, chemical industries, metallurgical activities, cold storage of foods and beverage and power industries in the last few years has surged the demand for cryogenic hoses. Furthermore, continuous R & D efforts in cryogenic technologies enable new product development of cost effective cryogenic hoses with increased efficacy. There has been a substantial increase in the adoption of nitrogen in food & beverage applications, which is driving the growth of cryogenic hoses in the global market. Nitrogen gas has been broadly used for preserving and freezing foods in the food processing industries. Conventional refrigerants, such as ammonia and fluorocarbons are being replaced by nitrogen cooled freezers since the former are expected to negatively affect the environment. Nitrogen-cooled freezers are also used to increase product quality and throughput. In the past few years, there has been a significant slowdown in the steel industry, which may dent adoption and growth opportunities of cryogenic hoses in the market.

Market Analysis and Insights: Global Cryogenic Hoses Market
In 2020, the global Cryogenic Hoses market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Cryogenic Hoses Scope and Market Size
The global Cryogenic Hoses market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Cryogenic Hoses market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Uninsulated
Vacuum Insulated
Foam Insulated

Segment by Application
Petrochemical Industry
Metallurgy Industry
Power Industry
Food & Beverage Industry
Others

By Company
Cryofab
Gas Equipment
Acme Cryogenics
Linde
Pacific Hoseflex
United Flexible
Meiji Rubber & Chemical
Dantec
Grainger
Hose Manufacturing

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE