| Product Code: ETC5771962 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continues to see a strong demand for cryogenic pump imports, with key exporting countries including the UK, China, USA, South Korea, and Taiwan. Despite high concentration levels indicated by the HHI, the market is showing a steady growth trend with a CAGR of 4.22% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -71.28%, which may warrant further analysis and strategic adjustments for stakeholders in the cryogenic pump industry.

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 Ireland Cryogenic Pump Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Cryogenic Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Cryogenic Pump Market - Industry Life Cycle |
3.4 Ireland Cryogenic Pump Market - Porter's Five Forces |
3.5 Ireland Cryogenic Pump Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.6 Ireland Cryogenic Pump Market Revenues & Volume Share, By Cryogen, 2021 & 2031F |
3.7 Ireland Cryogenic Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Ireland Cryogenic Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquefied natural gas (LNG) and industrial gases in Ireland. |
4.2.2 Growing focus on renewable energy sources and the need for cryogenic pumps in related applications. |
4.2.3 Technological advancements leading to the development of more efficient and reliable cryogenic pump solutions. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with cryogenic pump systems. |
4.3.2 Limited availability of skilled technicians for installation and maintenance of cryogenic pumps. |
4.3.3 Stringent regulations and safety standards governing the handling and operation of cryogenic equipment. |
5 Ireland Cryogenic Pump Market Trends |
6 Ireland Cryogenic Pump Market Segmentations |
6.1 Ireland Cryogenic Pump Market, By Design |
6.1.1 Overview and Analysis |
6.1.2 Ireland Cryogenic Pump Market Revenues & Volume, By Submersible, 2021-2031F |
6.1.3 Ireland Cryogenic Pump Market Revenues & Volume, By Non-Submersible, 2021-2031F |
6.2 Ireland Cryogenic Pump Market, By Cryogen |
6.2.1 Overview and Analysis |
6.2.2 Ireland Cryogenic Pump Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2.3 Ireland Cryogenic Pump Market Revenues & Volume, By Argon, 2021-2031F |
6.2.4 Ireland Cryogenic Pump Market Revenues & Volume, By Oxygen, 2021-2031F |
6.2.5 Ireland Cryogenic Pump Market Revenues & Volume, By LNG, 2021-2031F |
6.2.6 Ireland Cryogenic Pump Market Revenues & Volume, By Helium, 2021-2031F |
6.2.7 Ireland Cryogenic Pump Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.3 Ireland Cryogenic Pump Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Ireland Cryogenic Pump Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Ireland Cryogenic Pump Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Ireland Cryogenic Pump Market Revenues & Volume, By Metallurgy, 2021-2031F |
6.3.5 Ireland Cryogenic Pump Market Revenues & Volume, By Healthcare & Pharmaceuticals, 2021-2031F |
7 Ireland Cryogenic Pump Market Import-Export Trade Statistics |
7.1 Ireland Cryogenic Pump Market Export to Major Countries |
7.2 Ireland Cryogenic Pump Market Imports from Major Countries |
8 Ireland Cryogenic Pump Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of cryogenic pumps. |
8.2 Reduction in maintenance downtime and associated costs. |
8.3 Increase in the number of research and development initiatives focused on cryogenic pump technology. |
9 Ireland Cryogenic Pump Market - Opportunity Assessment |
9.1 Ireland Cryogenic Pump Market Opportunity Assessment, By Design, 2021 & 2031F |
9.2 Ireland Cryogenic Pump Market Opportunity Assessment, By Cryogen, 2021 & 2031F |
9.3 Ireland Cryogenic Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Ireland Cryogenic Pump Market - Competitive Landscape |
10.1 Ireland Cryogenic Pump Market Revenue Share, By Companies, 2024 |
10.2 Ireland Cryogenic Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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