Product Code: ETC010065 | 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 Thailand cryogenic equipment market is expected to witness a healthy growth rate during the forecast period of 2025-2031 due to its growing use in various industries such as medical, industrial gas, and others. Cryogenic equipments are used for storing or transferring large volumes of liquids at extremely low temperatures. With the advancement in technologies, these equipments have become an essential part of modern businesses across many industry verticals in Thailand.
Growing demand from end-use industries such as medical and industrial gas has been driving the growth of the market in Thailand. As cryogenic equipment is used for storage and transfer of liquid gases which are required by hospitals for medical applications; this has further fuelled their demand among healthcare providers. Besides this, increasing investments by several companies into research & development activities related to cryogenics along with rising government initiatives also plays a major role in contributing towards the market expansion over the period under consideration. Furthermore, advancements like integrated monitoring systems and automatic filling systems have made them increasingly popular among users thus creating more opportunities for manufacturers operating in this space throughout Thailand.
High set up cost associated with cryogenic equipment is hampering its market penetration amongst small-scale enterprises thereby putting restraints on overall revenue generation within this domain across Thailand marketspace significantly.Additionally, stringent regulations imposed by local authorities regarding usage, safety standards etc., also poses challenges before manufacturers while attempting new ventures within this business segment .
The outbreak of COVID 19 pandemic all over world has impacted almost every sector, including that of Cryogenics Equipment Market too.With slowdown experienced both globally as well as domestically, operations came to standstill since March 2025 leading to downturn observed across many sectors ; leaving consumers feeling disheartened predominantly due lack funds availability amid economic crunch caused by virus spread worldwide.This decline was however short lived resulting prices rates bouncing back shortly after introduction relaxation provided through governments .
Major players operating actively within Thailand Cryogenics Equipments Market include Chart Industries Inc., Air Liquide SA, Praxair Technology Inc., Linde PLC, Messer Group Gmbh.
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 Thailand Cryogenic Equipments Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cryogenic Equipments Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cryogenic Equipments Market - Industry Life Cycle |
3.4 Thailand Cryogenic Equipments Market - Porter's Five Forces |
3.5 Thailand Cryogenic Equipments Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Thailand Cryogenic Equipments Market Revenues & Volume Share, By Cryogen , 2021 & 2031F |
3.7 Thailand Cryogenic Equipments Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Thailand Cryogenic Equipments Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Thailand Cryogenic Equipments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cryogenic Equipments Market Trends |
6 Thailand Cryogenic Equipments Market, By Types |
6.1 Thailand Cryogenic Equipments Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cryogenic Equipments Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Thailand Cryogenic Equipments Market Revenues & Volume, By Tanks, 2021-2031F |
6.1.4 Thailand Cryogenic Equipments Market Revenues & Volume, By Valves , 2021-2031F |
6.1.5 Thailand Cryogenic Equipments Market Revenues & Volume, By Vaporizers, 2021-2031F |
6.1.6 Thailand Cryogenic Equipments Market Revenues & Volume, By Pumps , 2021-2031F |
6.1.7 Thailand Cryogenic Equipments Market Revenues & Volume, By Pipe, 2021-2031F |
6.2 Thailand Cryogenic Equipments Market, By Cryogen |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cryogenic Equipments Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2.3 Thailand Cryogenic Equipments Market Revenues & Volume, By Oxygen, 2021-2031F |
6.2.4 Thailand Cryogenic Equipments Market Revenues & Volume, By Liquefied Natural Gas, 2021-2031F |
6.2.5 Thailand Cryogenic Equipments Market Revenues & Volume, By Argon, 2021-2031F |
6.2.6 Thailand Cryogenic Equipments Market Revenues & Volume, By Other Cryogens, 2021-2031F |
6.3 Thailand Cryogenic Equipments Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cryogenic Equipments Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Thailand Cryogenic Equipments Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Thailand Cryogenic Equipments Market Revenues & Volume, By Metallurgical, 2021-2031F |
6.3.5 Thailand Cryogenic Equipments Market Revenues & Volume, By Electronics, 2021-2031F |
6.4 Thailand Cryogenic Equipments Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Cryogenic Equipments Market Revenues & Volume, By Storage, 2021-2031F |
6.4.3 Thailand Cryogenic Equipments Market Revenues & Volume, By Distribution, 2021-2031F |
7 Thailand Cryogenic Equipments Market Import-Export Trade Statistics |
7.1 Thailand Cryogenic Equipments Market Export to Major Countries |
7.2 Thailand Cryogenic Equipments Market Imports from Major Countries |
8 Thailand Cryogenic Equipments Market Key Performance Indicators |
9 Thailand Cryogenic Equipments Market - Opportunity Assessment |
9.1 Thailand Cryogenic Equipments Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Thailand Cryogenic Equipments Market Opportunity Assessment, By Cryogen , 2021 & 2031F |
9.3 Thailand Cryogenic Equipments Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Thailand Cryogenic Equipments Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Thailand Cryogenic Equipments Market - Competitive Landscape |
10.1 Thailand Cryogenic Equipments Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cryogenic Equipments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |