| Product Code: ETC4493951 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
France`s cryogenic tanks import market saw a significant shift in 2024, with top exporting countries being Czechia, Italy, Austria, Germany, and China. The Herfindahl-Hirschman Index (HHI) indicated a transition from moderate to low concentration, signaling a more diversified import landscape. Despite a negative compound annual growth rate (CAGR) of -2.35% from 2020 to 2024, the growth rate in 2024 alone plummeted by -54.2%. These dynamics suggest a challenging market environment with declining import volumes and intensifying competition among exporting countries.

Cryogenic tanks are used for storing and transporting liquefied gases like LNG, nitrogen, and oxygen at extremely low temperatures. In France, the cryogenic tanks market is driven by the country`s significant investments in industries like energy, chemicals, and healthcare, which require large-scale cryogenic storage solutions. Market growth may be fueled by the expansion of LNG terminals and the adoption of clean energy solutions.
The cryogenic tanks market in France is driven by the increasing adoption of cryogenic storage and transportation solutions in industries such as healthcare, food and beverage, and electronics. The growing demand for cryogenic tanks for the storage and transportation of LNG, liquid nitrogen, and other cryogenic gases is propelling market growth. Moreover, advancements in cryogenic tank design and materials to enhance safety and efficiency are contributing to market expansion in France.
In France, the cryogenic tanks market faces challenges related to safety compliance, material innovation, and supply chain management. Cryogenic tanks are used for storing liquefied gases such as nitrogen, oxygen, and LNG, requiring robust design and construction standards to prevent leaks and accidents. Moreover, fluctuations in raw material prices and geopolitical tensions can disrupt supply chains, impacting market stability.
France has stringent safety regulations governing the design, manufacturing, and operation of cryogenic tanks to mitigate risks associated with the handling of liquefied gases. Government agencies work closely with industry stakeholders to enforce compliance with these standards and ensure the integrity of cryogenic tank systems. Additionally, policies promoting the adoption of cryogenic storage solutions for applications such as medical gas storage and industrial gas transportation contribute to the growth of the cryogenic tanks market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 France Cryogenic Tanks Market Overview |
3.1 France Country Macro Economic Indicators |
3.2 France Cryogenic Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 France Cryogenic Tanks Market - Industry Life Cycle |
3.4 France Cryogenic Tanks Market - Porter's Five Forces |
3.5 France Cryogenic Tanks Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 France Cryogenic Tanks Market Revenues & Volume Share, By Cryogenic Liquid, 2021 & 2031F |
3.7 France Cryogenic Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 France Cryogenic Tanks Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 France Cryogenic Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquefied natural gas (LNG) as a cleaner fuel alternative |
4.2.2 Growing usage of cryogenic tanks in industrial gas storage and transportation |
4.2.3 Technological advancements in cryogenic tank design and materials |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of cryogenic tanks |
4.3.2 Stringent regulations and safety standards in the handling of cryogenic materials |
4.3.3 Limited awareness and understanding of cryogenic tank applications in certain industries |
5 France Cryogenic Tanks Market Trends |
6 France Cryogenic Tanks Market, By Types |
6.1 France Cryogenic Tanks Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 France Cryogenic Tanks Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 France Cryogenic Tanks Market Revenues & Volume, By Steel, 2021-2031F |
6.1.4 France Cryogenic Tanks Market Revenues & Volume, By Nickel Alloy, 2021-2031F |
6.1.5 France Cryogenic Tanks Market Revenues & Volume, By Aluminum Alloy, 2021-2031F |
6.2 France Cryogenic Tanks Market, By Cryogenic Liquid |
6.2.1 Overview and Analysis |
6.2.2 France Cryogenic Tanks Market Revenues & Volume, By Liquid Nitrogen, 2021-2031F |
6.2.3 France Cryogenic Tanks Market Revenues & Volume, By Liquefied Natural Gas (LNG), 2021-2031F |
6.2.4 France Cryogenic Tanks Market Revenues & Volume, By Liquid Hydrogen, 2021-2031F |
6.2.5 France Cryogenic Tanks Market Revenues & Volume, By Liquid Oxygen, 2021-2031F |
6.3 France Cryogenic Tanks Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 France Cryogenic Tanks Market Revenues & Volume, By Storage, 2021-2031F |
6.3.3 France Cryogenic Tanks Market Revenues & Volume, By Transportation, 2021-2031F |
6.4 France Cryogenic Tanks Market, By End Use Industry |
6.4.1 Overview and Analysis |
6.4.2 France Cryogenic Tanks Market Revenues & Volume, By Metal Processing, 2021-2031F |
6.4.3 France Cryogenic Tanks Market Revenues & Volume, By Energy Generation, 2021-2031F |
6.4.4 France Cryogenic Tanks Market Revenues & Volume, By Electronics, 2021-2031F |
6.4.5 France Cryogenic Tanks Market Revenues & Volume, By Medical Technology, 2021-2031F |
6.4.6 France Cryogenic Tanks Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.7 France Cryogenic Tanks Market Revenues & Volume, By Water Treatment, 2021-2031F |
7 France Cryogenic Tanks Market Import-Export Trade Statistics |
7.1 France Cryogenic Tanks Market Export to Major Countries |
7.2 France Cryogenic Tanks Market Imports from Major Countries |
8 France Cryogenic Tanks Market Key Performance Indicators |
8.1 Average capacity utilization rate of cryogenic tanks in France |
8.2 Number of new applications or industries adopting cryogenic tank technology |
8.3 Rate of adoption of innovative features and materials in cryogenic tank manufacturing |
9 France Cryogenic Tanks Market - Opportunity Assessment |
9.1 France Cryogenic Tanks Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 France Cryogenic Tanks Market Opportunity Assessment, By Cryogenic Liquid, 2021 & 2031F |
9.3 France Cryogenic Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 France Cryogenic Tanks Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 France Cryogenic Tanks Market - Competitive Landscape |
10.1 France Cryogenic Tanks Market Revenue Share, By Companies, 2024 |
10.2 France Cryogenic Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |