Product Code: ETC010069 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Cryogenic Equipments market is estimated to grow at a CAGR of 6.9% during the forecast period 2025-2031. Growing demand from industrial sectors such as chemical, healthcare, food & beverage and others are driving the growth of cryogenic equipment market in the country. Moreover, increasing usage in transportation activities for transporting liquid gases and other materials will enhance the market growth. The use of cryo-electron microscopy (cryoEM) has also been instrumental for research projects related to biological sciences and drug development across universities and R&D centers, which is likely to boost the demand for cryogenics within this sector
Increasing investments by government bodies towards infrastructure expansion projects have driven up demand for various types of cryogenic equipments used in these applications including tanks, pumps & compressors among others. Further, growing application scope fueled by rising medical tourism industry coupled with growing focus on modernizing healthcare facilities has positively impacted growth prospects in recent years. Moreover, emergence of innovative technologies such as optofluidic chip-based devices that aid imaging processes using low temperature conditions will further boost market share.
High initial setup costs associated with establishment coupled with continuous maintenance costs remain primary concerns limiting deployment levels considerably
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 Philippines Cryogenic Equipments Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cryogenic Equipments Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cryogenic Equipments Market - Industry Life Cycle |
3.4 Philippines Cryogenic Equipments Market - Porter's Five Forces |
3.5 Philippines Cryogenic Equipments Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Philippines Cryogenic Equipments Market Revenues & Volume Share, By Cryogen , 2021 & 2031F |
3.7 Philippines Cryogenic Equipments Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Philippines Cryogenic Equipments Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Philippines Cryogenic Equipments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cryogenic Equipments Market Trends |
6 Philippines Cryogenic Equipments Market, By Types |
6.1 Philippines Cryogenic Equipments Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cryogenic Equipments Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Philippines Cryogenic Equipments Market Revenues & Volume, By Tanks, 2021-2031F |
6.1.4 Philippines Cryogenic Equipments Market Revenues & Volume, By Valves , 2021-2031F |
6.1.5 Philippines Cryogenic Equipments Market Revenues & Volume, By Vaporizers, 2021-2031F |
6.1.6 Philippines Cryogenic Equipments Market Revenues & Volume, By Pumps , 2021-2031F |
6.1.7 Philippines Cryogenic Equipments Market Revenues & Volume, By Pipe, 2021-2031F |
6.2 Philippines Cryogenic Equipments Market, By Cryogen |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cryogenic Equipments Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2.3 Philippines Cryogenic Equipments Market Revenues & Volume, By Oxygen, 2021-2031F |
6.2.4 Philippines Cryogenic Equipments Market Revenues & Volume, By Liquefied Natural Gas, 2021-2031F |
6.2.5 Philippines Cryogenic Equipments Market Revenues & Volume, By Argon, 2021-2031F |
6.2.6 Philippines Cryogenic Equipments Market Revenues & Volume, By Other Cryogens, 2021-2031F |
6.3 Philippines Cryogenic Equipments Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cryogenic Equipments Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Philippines Cryogenic Equipments Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Philippines Cryogenic Equipments Market Revenues & Volume, By Metallurgical, 2021-2031F |
6.3.5 Philippines Cryogenic Equipments Market Revenues & Volume, By Electronics, 2021-2031F |
6.4 Philippines Cryogenic Equipments Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Cryogenic Equipments Market Revenues & Volume, By Storage, 2021-2031F |
6.4.3 Philippines Cryogenic Equipments Market Revenues & Volume, By Distribution, 2021-2031F |
7 Philippines Cryogenic Equipments Market Import-Export Trade Statistics |
7.1 Philippines Cryogenic Equipments Market Export to Major Countries |
7.2 Philippines Cryogenic Equipments Market Imports from Major Countries |
8 Philippines Cryogenic Equipments Market Key Performance Indicators |
9 Philippines Cryogenic Equipments Market - Opportunity Assessment |
9.1 Philippines Cryogenic Equipments Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Philippines Cryogenic Equipments Market Opportunity Assessment, By Cryogen , 2021 & 2031F |
9.3 Philippines Cryogenic Equipments Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Philippines Cryogenic Equipments Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Philippines Cryogenic Equipments Market - Competitive Landscape |
10.1 Philippines Cryogenic Equipments Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cryogenic Equipments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |