Asia Pacific Cryogenic Tanks Market (2025-2031) | Trends, Size, Industry, Share, Companies, Outlook ,Revenue, Analysis, Value, Growth & Forecast
Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Raw Material (Steel, Nickel Alloy, Aluminum Alloy), By Cryogenic Liquid (Liquid Nitrogen, Liquefied Natural Gas (LNG), Liquid Hydrogen, Liquid Oxygen), By Application (Storage, Transportation), By End Use Industry (Metal Processing, Energy Generation, Electronics, Medical Technology, Food & Beverage, Water Treatment, Others) And Competitive Landscape
| Product Code: ETC4607545 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 |
Asia Pacific Cryogenic Tanks Market Size & Growth Rate
According to 6Wresearch internal database and industry insights, the Asia Pacific Cryogenic Tanks Market was valued at USD 4.6 billion in 2024 and is projected to reach USD 10.2 billion by 2031, indicating a compound annual growth rate (CAGR) of 7.9% during the forecast period (2025–2031).
Five-Year Growth Trajectory of the Asia Pacific Cryogenic Tanks Market with Core Drivers
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth (%) | Growth Drivers |
| 2020 | 1.4 | Growth in LNG trade and expansion of natural gas infrastructure. |
| 2021 | 2.8 | Rising demand for medical-grade oxygen storage during healthcare expansion. |
| 2022 | 4.1 | Increasing industrial gas consumption in electronics and metal processing. |
| 2023 | 5.2 | Adoption of hydrogen-based technologies for clean energy. |
| 2024 | 6 | Accelerating investments in LNG terminals and cryogenic logistics infrastructure. |
Topics Covered in the Asia Pacific Cryogenic Tanks Market Report
The Asia Pacific Cryogenic Tanks Market report thoroughly covers the market By Raw Material, By Cryogenic Liquid, By Application, By End Use Industry, and By Countries. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Cryogenic Tanks Market Highlights
| Report Name | Asia Pacific Cryogenic Tanks Market |
| Forecast Period | 2025-2031 |
| Market Size | USD 10.2 billion by 2031 |
| CAGR | 7.9% |
| Growing Sector | Energy Generation |
Asia Pacific Cryogenic Tanks Market Synopsis
The Asia Pacific Cryogenic Tanks Market growth is estimated to secure a massive growth in the coming years, driven by various factors, such as an increase in the demand for liquefied gases such as LNG, nitrogen, and oxygen across industries including energy, electronics, and medical technology. Other factors contributing to the market growth are rising expansion of industrialization and rising energy demand. Additionally, the demand for cryogenic storage and transport systems is on the rise owing to healthcare and food & beverage sectors are growing across the region.
Evaluation of Growth Drivers in the Asia Pacific Cryogenic Tanks Market
Below mentioned are some prominent drivers and their influence to the market dynamics:
| Drivers | Primary Segments Affected | Why it matters (evidence) |
| LNG Infrastructure Expansion | Steel, Nickel Alloy; Energy Generation, Transportation | The need for large-capacity cryogenic tanks for storage and shipping is increasing with the rising demand for liquefied natural gas. |
| Growing Use of Industrial Gases | Aluminum Alloy; Electronics, Metal Processing | Tank demand for high-purity gas storage is high with the increasing utilization of cryogenic gases in steel industries. |
| Hydrogen Economy Growth | Steel, Nickel Alloy; Energy Generation | Government hydrogen initiatives and clean fuel programs require large cryogenic storage systems. |
| Medical Oxygen Demand | Aluminum Alloy; Medical Technology | Healthcare expansion in India and Southeast Asia accelerates the installation of cryogenic tanks for oxygen storage. |
| Cold Chain Development | Steel; Food & Beverage | The demand for cryogenic storage applications is increasing due to a growth in frozen food logistics. |
The Asia Pacific Cryogenic Tanks Market is expected to grow steadily at a 7.9% CAGR between 2025 and 2031. Several factors proliferating the growth of the market, including technological advancements in tank design, improved insulation materials, and the rising adoption of cryogenic technology across various end-user sectors. Another significant driver is an increase in the demand for liquefied gases in industries such as healthcare, chemicals, food processing, and energy. The demand for cryogenic tanks is on the rise with the rising energy needs, especially in LNG transportation and storage, coupled with the rising expansion of healthcare infrastructure. Moreover, the demand for cryogenic tanks, particularly in LNG and hydrogen storage, has been increasing, as environmental concerns increased, there is a notable shift towards sustainable energy sources. The Asia Pacific Cryogenic Tanks Market growth is driven by government regulations aimed at improving safety standards and promoting the use of eco-friendly energy sources.
Evaluation of Restraints in the Asia Pacific Cryogenic Tanks Market
Below mentioned are some major restraints and their influence to the market dynamics:
| Restraints | Primary Segments Affected | What this means (evidence) |
| High Capital Investment | Steel, Nickel Alloy; Energy, Industrial | The high setup cost for cryogenic tank manufacturing and maintenance limits adoption among small-scale industries. |
| Stringent Safety Regulations | Storage, Transportation; All Liquids | Safety standards for handling liquefied gases increase operational complexity and compliance costs. |
| Material Brittleness at Low Temperature | Aluminum Alloy; Storage Applications | Temperature-induced brittleness can compromise tank integrity, requiring costly material upgrades. |
| Volatility in Raw Material Prices | Steel; Manufacturing | Fluctuating prices of stainless steel and nickel alloys affect production costs. |
| Technical Expertise Requirement | All Segments | Skilled personnel needed for cryogenic handling increases dependency on trained labor, particularly in developing countries. |
Asia Pacific Cryogenic Tanks Market Challenges
On the other hand, the market deals with several challenges that need to be addressed. These challenges are high manufacturing costs and strict safety requirements for cryogenic liquid handling. Another one is fluctuation in raw material costs. Additionally, the need for temperature-resistant alloys and development of hydrogen-based infrastructure, which pose design and material compatibility challenges.
Asia Pacific Cryogenic Tanks Market Trends
Several prominent trends reshaping the market growth include:
- Emergence of Green Hydrogen Storage Systems – Increasing focus on cryogenic hydrogen tanks to support zero-emission transportation and energy systems.
- Adoption of Lightweight Aluminum Tanks – Growing preference for aluminum tanks in healthcare and small-scale LNG transportation for better efficiency.
- Integration of Smart Monitoring Systems – Adoption of IoT-based sensors to monitor pressure, temperature, and performance of cryogenic tanks.
Investment Opportunities in the Asia Pacific Cryogenic Tanks Industry
Some prominent investment opportunities in the market include:
- LNG Storage Terminal Expansion – Opportunities to develop large-scale cryogenic tank facilities for LNG terminals in India and Southeast Asia.
- Hydrogen Refueling Infrastructure – Investment in hydrogen storage and distribution networks across Japan and South Korea.
- Cryogenic Transportation Fleet Development – Expansion of transport solutions for medical oxygen and industrial gases in emerging markets.
Top 5 Leading Players in the Asia Pacific Cryogenic Tanks Market
Some leading players operating in the market include:
1. Chart Industries, Inc.
| Company Name | Chart Industries, Inc. |
|---|---|
| Headquarters | Ball Ground, Georgia, USA |
| Established Year | 1992 |
| Official Website | Click Here |
Chart Industries is a global leader in cryogenic equipment, offering high-performance tanks for LNG, hydrogen, and industrial gas applications.
2. INOXCVA
| Company Name | INOXCVA |
|---|---|
| Headquarters | Vadodara, India |
| Established Year | 1992 |
| Official Website | Click Here |
INOXCVA manufactures cryogenic tanks and systems for LNG, industrial gases, and energy storage, with a strong presence across Asia Pacific.
3. Air Products and Chemicals, Inc.
| Company Name | Air Products and Chemicals, Inc. |
|---|---|
| Headquarters | Allentown, Pennsylvania, USA |
| Established Year | 1940 |
| Official Website | Click Here |
Air Products designs cryogenic tanks for gas storage and transportation used across industrial and medical applications.
4. Linde plc
| Company Name | Linde plc |
|---|---|
| Headquarters | Guildford, United Kingdom |
| Established Year | 1879 |
| Official Website | Click Here |
Linde provides advanced cryogenic tank solutions, primarily catering to the liquefied gases and clean energy sectors across Asia Pacific.
5. Cryofab Inc.
| Company Name | Cryofab Inc. |
|---|---|
| Headquarters | New Jersey, USA |
| Established Year | 1971 |
| Official Website | Click Here |
Cryofab specializes in custom-engineered cryogenic tanks for industrial, medical, and laboratory use, offering high efficiency and durability.
Government Regulations Introduced in the Asia Pacific Cryogenic Tanks Market
Governments in the region are introducing various programs to boost LNG, hydrogen, and medical gas infrastructure. India’s National Hydrogen Mission (NHM) and China’s National Energy Administration (NEA) aim to develop hydrogen storage and transportation networks using cryogenic tanks, while also promoting LNG terminal expansion.
Japan’s Basic Hydrogen Strategy is further increasing the use of cryogenic storage for hydrogen transportation. These policies are designed to strengthen energy diversification and environmental sustainability, supporting long-term industry expansion.
Future Insights of the Asia Pacific Cryogenic Tanks Market
The Asia Pacific Cryogenic Tanks Market Share is expected to grow significantly in the coming years, driven by rising industrial expansion and increased integration of LNG, hydrogen, and oxygen storage solutions. Rising energy diversification will be a major growth driver.
With strong government-backed clean energy programs and advancements in storage materials, the region’s industrial and medical sectors are projected to adopt cryogenic technology at a faster pace.
Market Segmentation Analysis
The report offers a comprehensive study of the following market segments and their leading categories.
Steel to Dominate the Market – By Raw Material
According to Vanshika, Senior Research Analyst, 6Wresearch, Steel dominates the market due to its superior strength, thermal resistance, and cost-effectiveness. It is extensively used for LNG and industrial gas storage in large-capacity tanks because of its durability and ability to withstand cryogenic temperatures.
Liquefied Natural Gas (LNG) to Dominate the Market – By Cryogenic Liquid
Liquefied Natural Gas (LNG) holds the largest Market Share due to rising energy consumption and LNG terminal expansion across China, India, and Japan. LNG plays a crucial role as a transition fuel within the Asia Pacific clean energy framework, driving increased deployment of cryogenic tanks.
Storage to Dominate the Market – By Application
The Storage segment leads the market because industries such as medical, electronics, and energy require secure, long-term containment of liquefied gases. Large-scale industrial storage facilities and energy hubs are increasingly investing in advanced cryogenic storage systems.
Energy Generation to Dominate the Market – By End Use Industry
Energy Generation dominates the market due to increasing LNG and hydrogen-based power projects. Countries like Australia and Japan are investing heavily in cryogenic tank technology to support clean fuel production, storage, and export operations, contributing substantially to Industry Size and Revenue growth.
Key Attractiveness of the Report
- 10 Years of Market Numbers
- Historical Data Starting from 2021 to 2024
- Base Year: 2024
- Forecast Data until 2031
- Key Performance Indicators Impacting the Market
- Major Upcoming Developments and Projects
Key Highlights of the Report:
- Asia Pacific Cryogenic Tanks Market Outlook
- Market Size of Asia Pacific Cryogenic Tanks Market, 2024
- Forecast of Asia Pacific Cryogenic Tanks Market, 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Revenues & Volume for the Period 2021 - 2031
- Asia Pacific Cryogenic Tanks Market Trend Evolution
- Asia Pacific Cryogenic Tanks Market Drivers and Challenges
- Asia Pacific Cryogenic Tanks Price Trends
- Asia Pacific Cryogenic Tanks Porter's Five Forces
- Asia Pacific Cryogenic Tanks Industry Life Cycle
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Raw Material for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Steel for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Nickel Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Aluminum Alloy for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Cryogenic Liquid for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Liquid Nitrogen for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Liquefied Natural Gas (LNG) for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Liquid Hydrogen for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Liquid Oxygen for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Storage for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Transportation for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Asia Pacific Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of China Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of India Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Japan Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Australia Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Indonesia Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Malaysia Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By End Use Industry for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Metal Processing for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Energy Generation for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Electronics for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Medical Technology for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Food & Beverage for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Water Treatment for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Cryogenic Tanks Market Revenues & Volume By Others for the Period 2021 - 2031
- Asia Pacific Cryogenic Tanks Market - Key Performance Indicators
- Asia Pacific Cryogenic Tanks Market - Import Export Trade Statistics
- Asia Pacific Cryogenic Tanks Market - Opportunity Assessment By Countries
- Asia Pacific Cryogenic Tanks Market - Opportunity Assessment By Raw Material
- Asia Pacific Cryogenic Tanks Market - Opportunity Assessment By Cryogenic Liquid
- Asia Pacific Cryogenic Tanks Market - Opportunity Assessment By Application
- Asia Pacific Cryogenic Tanks Market - Opportunity Assessment By End Use Industry
- Asia Pacific Cryogenic Tanks Market - Top Companies Market Share
- Asia Pacific Cryogenic Tanks Market - Top Companies Profiles
- Asia Pacific Cryogenic Tanks Market - Comparison of Players in Technical and Operating Parameters
- Asia Pacific Cryogenic Tanks Market - Strategic Recommendations
Markets Covered
Asia Pacific Cryogenic Tanks Market report provides a detailed analysis of the following market segments:
By Raw Material
- Steel
- Nickel Alloy
- Aluminum Alloy
By Cryogenic Liquid
- Liquid Nitrogen
- Liquefied Natural Gas (LNG)
- Liquid Hydrogen
- Liquid Oxygen
By Application
- Storage
- Transportation
By End Use Industry
- Metal Processing
- Energy Generation
- Electronics
- Medical Technology
- Food & Beverage
- Water Treatment
- Others
By Countries
- China
- India
- Japan
- Australia
- Indonesia
- Philippines
- Thailand
- Malaysia
- Rest of Asia
Asia Pacific Cryogenic Tanks Market (2025-2031) : FAQ's
The Asia Pacific Cryogenic Tanks Market is projected to grow at a CAGR of approximately 7.9% during the forecast period.
The Asia Pacific Cryogenic Tanks Market was valued at USD 4.6 billion in 2024 and is expected to reach around USD 10.2 billion by 2031.
Steel dominates the market due to its strength, affordability, and suitability for storing liquefied gases like LNG.
The Liquefied Natural Gas (LNG) segment holds the largest share owing to the rise in LNG infrastructure projects across China, India, and Japan.
6Wresearch actively monitors the Asia Pacific Cryogenic Tanks Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Asia Pacific Cryogenic Tanks Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 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 Asia Pacific Cryogenic Tanks Market Overview |
| 3.1 Asia Pacific Regional Macro Economic Indicators |
| 3.2 Asia Pacific Cryogenic Tanks Market Revenues & Volume, 2021 & 2031F |
| 3.3 Asia Pacific Cryogenic Tanks Market - Industry Life Cycle |
| 3.4 Asia Pacific Cryogenic Tanks Market - Porter's Five Forces |
| 3.5 Asia Pacific Cryogenic Tanks Market Revenues & Volume Share, By Countries, 2021 & 2031F |
| 3.6 Asia Pacific Cryogenic Tanks Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
| 3.7 Asia Pacific Cryogenic Tanks Market Revenues & Volume Share, By Cryogenic Liquid, 2021 & 2031F |
| 3.8 Asia Pacific Cryogenic Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 3.9 Asia Pacific Cryogenic Tanks Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
| 4 Asia Pacific Cryogenic Tanks Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Asia Pacific Cryogenic Tanks Market Trends |
| 6 Asia Pacific Cryogenic Tanks Market, 2021 - 2031 |
| 6.1 Asia Pacific Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 6.2 Asia Pacific Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 6.3 Asia Pacific Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 6.4 Asia Pacific Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 7 China Cryogenic Tanks Market, 2021 - 2031 |
| 7.1 China Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 7.2 China Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 7.3 China Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 7.4 China Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 8 India Cryogenic Tanks Market, 2021 - 2031 |
| 8.1 India Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 8.2 India Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 8.3 India Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 8.4 India Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 9 Japan Cryogenic Tanks Market, 2021 - 2031 |
| 9.1 Japan Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 9.2 Japan Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 9.3 Japan Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 9.4 Japan Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 10 Australia Cryogenic Tanks Market, 2021 - 2031 |
| 10.1 Australia Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 10.2 Australia Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 10.3 Australia Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 10.4 Australia Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 11 Indonesia Cryogenic Tanks Market, 2021 - 2031 |
| 11.1 Indonesia Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 11.2 Indonesia Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 11.3 Indonesia Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 11.4 Indonesia Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 12 Philippines Cryogenic Tanks Market, 2021 - 2031 |
| 12.1 Philippines Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 12.2 Philippines Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 12.3 Philippines Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 12.4 Philippines Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 13 Malaysia Cryogenic Tanks Market, 2021 - 2031 |
| 13.1 Malaysia Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 13.2 Malaysia Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 13.3 Malaysia Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 13.4 Malaysia Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 14 Rest of Asia Cryogenic Tanks Market, 2021 - 2031 |
| 14.1 Rest of Asia Cryogenic Tanks Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
| 14.2 Rest of Asia Cryogenic Tanks Market, Revenues & Volume, By Cryogenic Liquid, 2021 - 2031 |
| 14.3 Rest of Asia Cryogenic Tanks Market, Revenues & Volume, By Application, 2021 - 2031 |
| 14.4 Rest of Asia Cryogenic Tanks Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
| 11 Asia Pacific Cryogenic Tanks Market Key Performance Indicators |
| 12 Asia Pacific Cryogenic Tanks Market - Opportunity Assessment |
| 12.1 Asia Pacific Cryogenic Tanks Market Opportunity Assessment, By Countries, 2021 & 2031F |
| 12.2 Asia Pacific Cryogenic Tanks Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
| 12.3 Asia Pacific Cryogenic Tanks Market Opportunity Assessment, By Cryogenic Liquid, 2021 & 2031F |
| 12.4 Asia Pacific Cryogenic Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
| 12.5 Asia Pacific Cryogenic Tanks Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
| 13 Asia Pacific Cryogenic Tanks Market - Competitive Landscape |
| 13.1 Asia Pacific Cryogenic Tanks Market Revenue Share, By Companies, 2024 |
| 13.2 Asia Pacific Cryogenic Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |
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