Product Code: ETC4493987 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The cryogenic tanks market in Jordan is experiencing steady growth due to the increasing demand for liquefied natural gas (LNG) and other industrial gases. The rise in industrial activities and the need for efficient storage solutions for cryogenic gases are key factors driving market expansion. Technological advancements and the adoption of stringent safety standards are also contributing to the development of this market. Companies are focusing on providing customized solutions to meet the specific needs of different industries, further propelling market growth.
The cryogenic tanks market in Jordan is primarily driven by the increasing demand for liquefied natural gas (LNG) and industrial gases. The growth of the healthcare sector, where cryogenic tanks are used for storing medical gases, is another significant driver. Additionally, the expanding food and beverage industry in Jordan, which utilizes cryogenic technology for food preservation, further fuels the market demand.
The Jordan cryogenic tanks market faces several challenges primarily driven by the need for substantial investments in infrastructure and technology. One of the major hurdles is the high initial cost associated with the setup and maintenance of cryogenic storage facilities. Additionally, ensuring the safety and compliance with international standards for handling and storing cryogenic materials is crucial, requiring specialized training and equipment. The market is also constrained by the limited domestic production capabilities, which leads to reliance on imports, thereby increasing costs and potential supply chain disruptions. Furthermore, fluctuations in the prices of raw materials used for tank manufacturing add to the financial unpredictability, making it difficult for companies to plan long-term investments.
In Jordan, the cryogenic tanks market has witnessed steady growth due to increasing demand from industries such as healthcare, manufacturing, and electronics. The government has implemented policies to ensure safety standards are met in the handling and transportation of cryogenic materials. Additionally, investments in infrastructure to support the storage and distribution of cryogenic products have been made to further facilitate market growth.
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 Jordan Cryogenic Tanks Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Cryogenic Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 Jordan Cryogenic Tanks Market - Industry Life Cycle |
3.4 Jordan Cryogenic Tanks Market - Porter's Five Forces |
3.5 Jordan Cryogenic Tanks Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Jordan Cryogenic Tanks Market Revenues & Volume Share, By Cryogenic Liquid, 2021 & 2031F |
3.7 Jordan Cryogenic Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Jordan Cryogenic Tanks Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Jordan Cryogenic Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Cryogenic Tanks Market Trends |
6 Jordan Cryogenic Tanks Market, By Types |
6.1 Jordan Cryogenic Tanks Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Jordan Cryogenic Tanks Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Jordan Cryogenic Tanks Market Revenues & Volume, By Steel, 2021-2031F |
6.1.4 Jordan Cryogenic Tanks Market Revenues & Volume, By Nickel Alloy, 2021-2031F |
6.1.5 Jordan Cryogenic Tanks Market Revenues & Volume, By Aluminum Alloy, 2021-2031F |
6.2 Jordan Cryogenic Tanks Market, By Cryogenic Liquid |
6.2.1 Overview and Analysis |
6.2.2 Jordan Cryogenic Tanks Market Revenues & Volume, By Liquid Nitrogen, 2021-2031F |
6.2.3 Jordan Cryogenic Tanks Market Revenues & Volume, By Liquefied Natural Gas (LNG), 2021-2031F |
6.2.4 Jordan Cryogenic Tanks Market Revenues & Volume, By Liquid Hydrogen, 2021-2031F |
6.2.5 Jordan Cryogenic Tanks Market Revenues & Volume, By Liquid Oxygen, 2021-2031F |
6.3 Jordan Cryogenic Tanks Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Jordan Cryogenic Tanks Market Revenues & Volume, By Storage, 2021-2031F |
6.3.3 Jordan Cryogenic Tanks Market Revenues & Volume, By Transportation, 2021-2031F |
6.4 Jordan Cryogenic Tanks Market, By End Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Jordan Cryogenic Tanks Market Revenues & Volume, By Metal Processing, 2021-2031F |
6.4.3 Jordan Cryogenic Tanks Market Revenues & Volume, By Energy Generation, 2021-2031F |
6.4.4 Jordan Cryogenic Tanks Market Revenues & Volume, By Electronics, 2021-2031F |
6.4.5 Jordan Cryogenic Tanks Market Revenues & Volume, By Medical Technology, 2021-2031F |
6.4.6 Jordan Cryogenic Tanks Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.7 Jordan Cryogenic Tanks Market Revenues & Volume, By Water Treatment, 2021-2031F |
7 Jordan Cryogenic Tanks Market Import-Export Trade Statistics |
7.1 Jordan Cryogenic Tanks Market Export to Major Countries |
7.2 Jordan Cryogenic Tanks Market Imports from Major Countries |
8 Jordan Cryogenic Tanks Market Key Performance Indicators |
9 Jordan Cryogenic Tanks Market - Opportunity Assessment |
9.1 Jordan Cryogenic Tanks Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Jordan Cryogenic Tanks Market Opportunity Assessment, By Cryogenic Liquid, 2021 & 2031F |
9.3 Jordan Cryogenic Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Jordan Cryogenic Tanks Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Jordan Cryogenic Tanks Market - Competitive Landscape |
10.1 Jordan Cryogenic Tanks Market Revenue Share, By Companies, 2024 |
10.2 Jordan Cryogenic Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |