| Product Code: ETC5697646 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The New Zealand cryogenic tanks import market saw a shift in concentration in 2024, with top exporting countries being China, Thailand, Austria, Australia, and Germany. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 7.07%. This indicates a steady increase in demand over the years. The rise in concentration suggests a potential increase in market competitiveness and the presence of key players dominating the market. Monitoring these trends can provide valuable insights for stakeholders in the cryogenic tanks industry.

Cryogenic Tanks are used for the storage and transportation of liquefied gases such as nitrogen, oxygen, and hydrogen at extremely low temperatures. In New Zealand, the Cryogenic Tanks Market caters to industries such as healthcare, food processing, and metallurgy, offering a range of cryogenic storage solutions tailored to specific application requirements.
The cryogenic tanks market in New Zealand is driven by the increasing demand for liquefied natural gas (LNG) and other industrial gases. The need for safe and efficient storage and transportation solutions for cryogenic fluids is boosting the market. Additionally, advancements in tank design and materials, as well as the growing use of cryogenic tanks in the medical and aerospace industries, are further propelling market growth.
The New Zealand Cryogenic Tanks Market deals with high manufacturing costs and the need for advanced technological expertise. Ensuring the safety and reliability of cryogenic tanks in various applications is critical.
The New Zealand government has implemented stringent safety regulations and standards for the storage and transportation of cryogenic substances. These regulations aim to ensure the safe handling and operation of cryogenic tanks to prevent accidents and protect public safety. Additionally, government initiatives focus on promoting research and development in cryogenic technology to enhance efficiency and sustainability in this 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 New Zealand Cryogenic Tanks Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Cryogenic Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Cryogenic Tanks Market - Industry Life Cycle |
3.4 New Zealand Cryogenic Tanks Market - Porter's Five Forces |
3.5 New Zealand Cryogenic Tanks Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 New Zealand Cryogenic Tanks Market Revenues & Volume Share, By Cryogenic Liquid, 2021 & 2031F |
3.7 New Zealand Cryogenic Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 New Zealand Cryogenic Tanks Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 New Zealand Cryogenic Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquefied natural gas (LNG) and industrial gases in New Zealand |
4.2.2 Growing adoption of cryogenic tanks in various industries such as healthcare, food and beverage, and electronics |
4.2.3 Government initiatives promoting the use of clean energy sources and sustainability |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with cryogenic tanks |
4.3.2 Stringent regulations and safety standards governing the handling and storage of cryogenic materials |
4.3.3 Limited awareness and technical expertise among end-users regarding the use of cryogenic tanks |
5 New Zealand Cryogenic Tanks Market Trends |
6 New Zealand Cryogenic Tanks Market Segmentations |
6.1 New Zealand Cryogenic Tanks Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Cryogenic Tanks Market Revenues & Volume, By Steel, 2021-2031F |
6.1.3 New Zealand Cryogenic Tanks Market Revenues & Volume, By Nickel Alloy, 2021-2031F |
6.1.4 New Zealand Cryogenic Tanks Market Revenues & Volume, By Aluminum Alloy, 2021-2031F |
6.2 New Zealand Cryogenic Tanks Market, By Cryogenic Liquid |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Cryogenic Tanks Market Revenues & Volume, By Liquid Nitrogen, 2021-2031F |
6.2.3 New Zealand Cryogenic Tanks Market Revenues & Volume, By Liquefied Natural Gas (LNG), 2021-2031F |
6.2.4 New Zealand Cryogenic Tanks Market Revenues & Volume, By Liquid Hydrogen, 2021-2031F |
6.2.5 New Zealand Cryogenic Tanks Market Revenues & Volume, By Liquid Oxygen, 2021-2031F |
6.3 New Zealand Cryogenic Tanks Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Cryogenic Tanks Market Revenues & Volume, By Storage, 2021-2031F |
6.3.3 New Zealand Cryogenic Tanks Market Revenues & Volume, By Transportation, 2021-2031F |
6.4 New Zealand Cryogenic Tanks Market, By End Use Industry |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Cryogenic Tanks Market Revenues & Volume, By Metal Processing, 2021-2031F |
6.4.3 New Zealand Cryogenic Tanks Market Revenues & Volume, By Energy Generation, 2021-2031F |
6.4.4 New Zealand Cryogenic Tanks Market Revenues & Volume, By Electronics, 2021-2031F |
6.4.5 New Zealand Cryogenic Tanks Market Revenues & Volume, By Medical Technology, 2021-2031F |
6.4.6 New Zealand Cryogenic Tanks Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.7 New Zealand Cryogenic Tanks Market Revenues & Volume, By Water Treatment, 2021-2031F |
7 New Zealand Cryogenic Tanks Market Import-Export Trade Statistics |
7.1 New Zealand Cryogenic Tanks Market Export to Major Countries |
7.2 New Zealand Cryogenic Tanks Market Imports from Major Countries |
8 New Zealand Cryogenic Tanks Market Key Performance Indicators |
8.1 Average capacity utilization rate of cryogenic tanks in New Zealand |
8.2 Number of new installations and expansions of cryogenic tank facilities |
8.3 Frequency of maintenance and safety inspections conducted on cryogenic tanks |
8.4 Energy efficiency improvements in cryogenic tank operations |
8.5 Rate of technological advancements in cryogenic tank design and materials |
9 New Zealand Cryogenic Tanks Market - Opportunity Assessment |
9.1 New Zealand Cryogenic Tanks Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 New Zealand Cryogenic Tanks Market Opportunity Assessment, By Cryogenic Liquid, 2021 & 2031F |
9.3 New Zealand Cryogenic Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 New Zealand Cryogenic Tanks Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 New Zealand Cryogenic Tanks Market - Competitive Landscape |
10.1 New Zealand Cryogenic Tanks Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Cryogenic Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |