Market Overview:
The global cryogenic ISO containers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cryogenic ISO containers for land transportation and marine transportation applications. North America is expected to lead the global cryogenic ISO containers market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Cryogenic ISO containers are designed to store liquefied gases at very low temperatures. The importance of cryogenic ISO containers is that they can keep these gases cold, which is necessary for many industrial and medical applications.
≤30 ft:
Cryogenic ISO containers are used to store liquid nitrogen at extremely low temperatures. The temperature of the liquid ranges from -300°C to -196°C and is usually stored in steel or concrete tanks. These containers are made available in different sizes ranging from 30 ft to 300 ft capacity.
> 30 ft:
Cryogenic ISO containers are used to store gases at extremely low temperatures. The temperature of the gas stored in a cryogenic container is usually less than -150o C. Some of the commonly stored gases in cryogenically insulated containers include H2, N2, He4, Ne5 and Arrays (CO+H2+Ar). These gasses have applications across various industries such as oil & gas processing industry and pharmaceuticals among others.
Application Insights:
Land transportation application segment led the global cryogenic ISO containers market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for refrigerated trucks, which are used for transporting perishable commodities such as fruits and vegetables across various regions. In addition, growing food processing industry in developed economies including U.S., Germany, France and UK is expected to drive the product demand over the next few years.
Cryogenic iso containers are used by several industries including medical, food & beverage and pharmaceuticals owing to their benefits such as ease of handling due to its lightweight nature along with improved insulation properties that prevent any type of leakage or breakage during transit or storage operations at -40°C or below temperature level respectively under normal conditions on earth's surface i.e., without atmospheric pressure differential between inside & outside container surfaces (atmospheric pressure: 1 atmosphere = 101 Torr).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for cryogenic ISO containers over the forecast period. The growth can be attributed to increasing investments in various sectors such as aerospace and defense, manufacturing, and oil & gas industries. For instance, India has planned to invest around USD X million by 2020 in its space program which includes launching of satellites into orbits around Earth's poles. This will help India gain knowledge about climate change affecting our planet earth including global warming and ice ages that preceded modern man-made global warming events (IPCC 2013). Thus cryogenic ISO containers are projected to play a vital role in supporting space programs across Asia Pacific region over the next eight years (ending 2017) thereby driving product demand.
Growth Factors:
- Increasing demand for cryogenic storage containers in the medical and pharmaceutical industries for storing vaccines, blood products, and other temperature-sensitive materials.
- Growing demand from the food and beverage industry for storing perishable items such as fruits, vegetables, meat, dairy products, and frozen foods.
- Rising popularity of cryogenic transportation as a cost-effective means of transporting temperature-sensitive goods over long distances.
- Increasing use of cryogenic ISO containers in research laboratories for storing sensitive equipment and samples at low temperatures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryogenic ISO Containers Market Research Report
By Type
≤30 ft, > 30 ft
By Application
Land transportation, Marine transportation
By Companies
Chart Industries, BTCE, CIMC, Rootselaar Group, Air Water Plant & Engineering, Corban Energy Group, Cryeng Group, FURUISE, INOXCVA, Uralcryomash, Chart Industries, CRYOCAN, M1 Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Cryogenic ISO Containers Market Report Segments:
The global Cryogenic ISO Containers market is segmented on the basis of:
Types
≤30 ft, > 30 ft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Land transportation, Marine transportation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chart Industries
- BTCE
- CIMC
- Rootselaar Group
- Air Water Plant & Engineering
- Corban Energy Group
- Cryeng Group
- FURUISE
- INOXCVA
- Uralcryomash
- Chart Industries
- CRYOCAN
- M1 Engineering
Highlights of The Cryogenic ISO Containers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≤30 ft
- > 30 ft
- By Application:
- Land transportation
- Marine transportation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cryogenic ISO Containers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cryogenic ISO containers are special type of ISO containers that are designed to store and preserve biological specimens. These containers use a low temperature environment to prevent the growth of bacteria and other microorganisms.
Some of the major players in the cryogenic iso containers market are Chart Industries, BTCE, CIMC, Rootselaar Group, Air Water Plant & Engineering, Corban Energy Group, Cryeng Group, FURUISE, INOXCVA, Uralcryomash, Chart Industries, CRYOCAN, M1 Engineering.
The cryogenic iso containers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryogenic ISO Containers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cryogenic ISO Containers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cryogenic ISO Containers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cryogenic ISO Containers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cryogenic ISO Containers Market Size & Forecast, 2018-2028
4.5.1 Cryogenic ISO Containers Market Size and Y-o-Y Growth
4.5.2 Cryogenic ISO Containers Market Absolute $ Opportunity
Chapter 5 Global Cryogenic ISO Containers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cryogenic ISO Containers Market Size Forecast by Type
5.2.1 ≤30 ft
5.2.2 > 30 ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cryogenic ISO Containers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cryogenic ISO Containers Market Size Forecast by Applications
6.2.1 Land transportation
6.2.2 Marine transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cryogenic ISO Containers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryogenic ISO Containers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cryogenic ISO Containers Analysis and Forecast
9.1 Introduction
9.2 North America Cryogenic ISO Containers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cryogenic ISO Containers Market Size Forecast by Type
9.6.1 ≤30 ft
9.6.2 > 30 ft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cryogenic ISO Containers Market Size Forecast by Applications
9.10.1 Land transportation
9.10.2 Marine transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cryogenic ISO Containers Analysis and Forecast
10.1 Introduction
10.2 Europe Cryogenic ISO Containers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cryogenic ISO Containers Market Size Forecast by Type
10.6.1 ≤30 ft
10.6.2 > 30 ft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cryogenic ISO Containers Market Size Forecast by Applications
10.10.1 Land transportation
10.10.2 Marine transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cryogenic ISO Containers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cryogenic ISO Containers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cryogenic ISO Containers Market Size Forecast by Type
11.6.1 ≤30 ft
11.6.2 > 30 ft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cryogenic ISO Containers Market Size Forecast by Applications
11.10.1 Land transportation
11.10.2 Marine transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cryogenic ISO Containers Analysis and Forecast
12.1 Introduction
12.2 Latin America Cryogenic ISO Containers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cryogenic ISO Containers Market Size Forecast by Type
12.6.1 ≤30 ft
12.6.2 > 30 ft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cryogenic ISO Containers Market Size Forecast by Applications
12.10.1 Land transportation
12.10.2 Marine transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cryogenic ISO Containers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cryogenic ISO Containers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cryogenic ISO Containers Market Size Forecast by Type
13.6.1 ≤30 ft
13.6.2 > 30 ft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cryogenic ISO Containers Market Size Forecast by Applications
13.10.1 Land transportation
13.10.2 Marine transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cryogenic ISO Containers Market: Competitive Dashboard
14.2 Global Cryogenic ISO Containers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chart Industries
14.3.2 BTCE
14.3.3 CIMC
14.3.4 Rootselaar Group
14.3.5 Air Water Plant & Engineering
14.3.6 Corban Energy Group
14.3.7 Cryeng Group
14.3.8 FURUISE
14.3.9 INOXCVA
14.3.10 Uralcryomash
14.3.11 Chart Industries
14.3.12 CRYOCAN
14.3.13 M1 Engineering
