| Product Code: ETC9963689 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw a steady increase in cryogenic vessels import shipments in 2024, with top exporting countries including China, India, South Korea, Italy, and the UAE. Despite the growth, market concentration measured by the HHI remained low, indicating a diverse import market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 8.37%, while the growth rate from 2023 to 2024 was a modest 0.35%. These figures suggest a stable and growing demand for cryogenic vessels in the US market, with a variety of countries contributing to supply.

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 United States (US) Cryogenic Vessels Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Cryogenic Vessels Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Cryogenic Vessels Market - Industry Life Cycle |
3.4 United States (US) Cryogenic Vessels Market - Porter's Five Forces |
3.5 United States (US) Cryogenic Vessels Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 United States (US) Cryogenic Vessels Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
3.7 United States (US) Cryogenic Vessels Market Revenues & Volume Share, By Cryogenic Liquid, 2021 & 2031F |
3.8 United States (US) Cryogenic Vessels Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 United States (US) Cryogenic Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquefied natural gas (LNG) in the United States |
4.2.2 Growth in medical and healthcare applications requiring cryogenic vessels |
4.2.3 Rising adoption of cryogenic storage and transportation in the pharmaceutical industry |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with cryogenic vessels |
4.3.2 Stringent regulations and safety standards for handling cryogenic materials |
4.3.3 Limited awareness and technical expertise in handling cryogenic vessels |
5 United States (US) Cryogenic Vessels Market Trends |
6 United States (US) Cryogenic Vessels Market, By Types |
6.1 United States (US) Cryogenic Vessels Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Cryogenic Vessels Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 United States (US) Cryogenic Vessels Market Revenues & Volume, By Storage, 2021- 2031F |
6.1.4 United States (US) Cryogenic Vessels Market Revenues & Volume, By Transport, 2021- 2031F |
6.2 United States (US) Cryogenic Vessels Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Cryogenic Vessels Market Revenues & Volume, By Energy Generation, 2021- 2031F |
6.2.3 United States (US) Cryogenic Vessels Market Revenues & Volume, By Metal Processing, 2021- 2031F |
6.2.4 United States (US) Cryogenic Vessels Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.5 United States (US) Cryogenic Vessels Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.6 United States (US) Cryogenic Vessels Market Revenues & Volume, By Others, 2021- 2031F |
6.3 United States (US) Cryogenic Vessels Market, By Cryogenic Liquid |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Cryogenic Vessels Market Revenues & Volume, By LNG, 2021- 2031F |
6.3.3 United States (US) Cryogenic Vessels Market Revenues & Volume, By Liquid Nitrogen, 2021- 2031F |
6.3.4 United States (US) Cryogenic Vessels Market Revenues & Volume, By Liquid Oxygen, 2021- 2031F |
6.3.5 United States (US) Cryogenic Vessels Market Revenues & Volume, By Liquid Hydrogen, 2021- 2031F |
6.3.6 United States (US) Cryogenic Vessels Market Revenues & Volume, By Others, 2021- 2031F |
6.4 United States (US) Cryogenic Vessels Market, By Raw Material |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Cryogenic Vessels Market Revenues & Volume, By Steel, 2021- 2031F |
6.4.3 United States (US) Cryogenic Vessels Market Revenues & Volume, By Nickel Alloy, 2021- 2031F |
6.4.4 United States (US) Cryogenic Vessels Market Revenues & Volume, By Aluminum Alloy, 2021- 2031F |
6.4.5 United States (US) Cryogenic Vessels Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) Cryogenic Vessels Market Import-Export Trade Statistics |
7.1 United States (US) Cryogenic Vessels Market Export to Major Countries |
7.2 United States (US) Cryogenic Vessels Market Imports from Major Countries |
8 United States (US) Cryogenic Vessels Market Key Performance Indicators |
8.1 Number of new LNG infrastructure projects in the United States |
8.2 Growth rate of medical research and healthcare facilities utilizing cryogenic vessels |
8.3 Percentage of pharmaceutical companies adopting cryogenic storage solutions |
8.4 Rate of innovation and development in cryogenic vessel technology |
8.5 Compliance rate with safety regulations and standards in cryogenic vessel operations |
9 United States (US) Cryogenic Vessels Market - Opportunity Assessment |
9.1 United States (US) Cryogenic Vessels Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 United States (US) Cryogenic Vessels Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
9.3 United States (US) Cryogenic Vessels Market Opportunity Assessment, By Cryogenic Liquid, 2021 & 2031F |
9.4 United States (US) Cryogenic Vessels Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 United States (US) Cryogenic Vessels Market - Competitive Landscape |
10.1 United States (US) Cryogenic Vessels Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Cryogenic Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |