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Cryogenic fuels are majorly used in rocket ships and satellites. These fuels include liquid hydrogen, oxygen, methane, LNG, nitrogen, carbon dioxide (CO2), acetylene, helium, xenon, neon, krypton, and argon and are stored at extremely low temperatures so that they can be maintained in a liquid state.

Moreover, cryogenic fuels are also used in the aforementioned machines owing to the absence of the environment that supports combustion. Moreover, these fuels majorly are composed of liquefied gases such as liquid hydrogen. The high energy density of these fuels is used to generate thrust in rockets and also control consumption of fuels. Furthermore, cryogenic fuels are also regarded as environmentally cleaner than gasoline.

The market is witnessing strong demand owing to rise in food safety concerns. Cryogenic nitrogen is increasingly deployed among the food & beverage industry owing to applications, such as freezing meat, poultry, fruits, seafood, vegetables, baked products, and prepared meals. Reduction in weight along with preservation of the quality of food in comparison with traditional mechanical freezing is another factor leading to market growth. Furthermore, recent trend of using LNG as a marine fuel has significantly reduced GHG emissions. Therefore, growth in use of LNG fuel in ships is also expected to drive the growth of the market. However, fluctuating prices of oil and gas and steel commodities hamper the market growth to some extent.

The report segments the cryogenic fuels market on the basis of type, end-user, and geography. Based on type, it is divided into inert gases, flammable gases, and oxygen. Inert gases are further segmented into liquid nitrogen, liquid air, liquid helium, and liquid neon. Flammable gases are further categorized into liquid hydrogen, liquid natural gas, and liquid methane.

Based on end-user, the market is categorized into energy, chemical, bio medical, healthcare, and manufacturing. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players include:

  • Air Liquide
  • Air Products and Chemicals
  • AIR WATER
  • Messer Group
  • Praxair Technology
  • Advanced Gas Technologies
  • Asia Technical Gas
  • Gulf Cryo
  • Maine Oxy
  • Matheson Tri-Gas

Key Benefits

  • This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global cryogenic fuels market to identify the prevailing market opportunities.
  • Major countries in each region are mapped according to individual market revenue.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided.
  • An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
  • Key players and their key developments in the recent years are listed.

Cryogenic Fuels Market Key Segments:

By Type

  • Inert gases
    • Liquid Nitrogen
    • Liquid Air
    • Liquid Helium
    • Liquid Neon
  • Flammable gases
    • Liquid Hydrogen
    • Liquid Natural Gas
    • Liquid Methane
  • Oxygen

By End-User

  • Energy
  • Chemical
  • Biomedical
  • Healthcare
  • Manufacturing

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Argentina
    • Turkey
    • Rest of LAMEA

Other Market Players:

  • Norco
  • SOL Group
  • Mitsubishi Chemical Holdings Group
  • BG-Cryo
  • Wessington Cryogenics
* Pricing on the website is provided for single users licenses only. All reports will be provided in a PDF format for download. To purchase multi-user licenses, please contact us at +1-800-792-5285 or send an email to sales@alliedmarketresearch.com

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

Chapter: 4 GLOBAL CRYOGENIC FUELS MARKET, BY TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. INERT GASES

4.2.1. Market size and forecast
4.2.2. Key market trends
4.2.3. Growth factors and opportunities
4.2.4. Liquid Nitrogen
4.2.5. Liquid Air
4.2.6. Liquid Helium
4.2.7. Liquid Neon

4.3. FLAMMABLE GASES

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.3.4. Liquid Hydrogen
4.3.5. Liquid Natural Gas
4.3.6. Liquid Methane

4.4. OXYGEN

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast

Chapter: 5 GLOBAL CRYOGENIC FUELS MARKET, BY END-USER

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. ENERGY

5.2.1. Market size and forecast

5.3. CHEMICAL

5.3.1. Market size and forecast

5.4. BIOMEDICAL

5.4.1. Market size and forecast

5.5. HEALTHCARE

5.5.1. Market size and forecast

5.6. MANUFACTURING

5.6.1. Market size and forecast

Chapter: 6 GLOBAL CRYOGENIC FUELS MARKET, BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. By Type
6.2.3.2. By End-User
6.2.3.3. By Country

6.2.4. U.S.

6.2.4.1. Market size and forecast, by Type
6.2.4.2. Market size and forecast, by End-User

6.2.5. Canada

6.2.5.1. Market size and forecast, by Type
6.2.5.2. Market size and forecast, by End-User

6.2.6. Mexico

6.2.6.1. Market size and forecast, by Type
6.2.6.2. Market size and forecast, by End-User

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.3.3.1. By Type
6.3.3.2. By End-User
6.3.3.3. By Country

6.3.4. Germany

6.3.4.1. Market size and forecast, by Type
6.3.4.2. Market size and forecast, by End-User

6.3.5. France

6.3.5.1. Market size and forecast, by Type
6.3.5.2. Market size and forecast, by End-User

6.3.6. UK

6.3.6.1. Market size and forecast, by Type
6.3.6.2. Market size and forecast, by End-User

6.3.7. Italy

6.3.7.1. Market size and forecast, by Type
6.3.7.2. Market size and forecast, by End-User

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast, by Type
6.3.8.2. Market size and forecast, by End-User

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. By Type
6.4.3.2. By End-User
6.4.3.3. By Country

6.4.4. China

6.4.4.1. Market size and forecast, by Type
6.4.4.2. Market size and forecast, by End-User

6.4.5. Japan

6.4.5.1. Market size and forecast, by Type
6.4.5.2. Market size and forecast, by End-User

6.4.6. India

6.4.6.1. Market size and forecast, by Type
6.4.6.2. Market size and forecast, by End-User

6.4.7. Australia

6.4.7.1. Market size and forecast, by Type
6.4.7.2. Market size and forecast, by End-User

6.4.8. Korea

6.4.8.1. Market size and forecast, by Type
6.4.8.2. Market size and forecast, by End-User

6.4.9. Rest of Asia-Pacific

6.4.9.1. Market size and forecast, by Type
6.4.9.2. Market size and forecast, by End-User

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. By Type
6.5.3.2. By End-User
6.5.3.3. By Country

6.5.4. Brazil

6.5.4.1. Market size and forecast, by Type
6.5.4.2. Market size and forecast, by End-User

6.5.5. Saudi Arabia

6.5.5.1. Market size and forecast, by Type
6.5.5.2. Market size and forecast, by End-User

6.5.6. South Africa

6.5.6.1. Market size and forecast, by Type
6.5.6.2. Market size and forecast, by End-User

6.5.7. Rest of LAMEA

6.5.7.1. Market size and forecast, by Type
6.5.7.2. Market size and forecast, by End-User

Chapter: 7 COMPANY PROFILES

7.1. AIR LIQUIDE

7.1.1. Operating business segments
7.1.2. Business performance
7.1.3. Key strategic moves and developments

7.2. AIR PRODUCTS AND CHEMICALS

7.2.1. Operating business segments
7.2.2. Business performance
7.2.3. Key strategic moves and developments

7.3. AIR WATER

7.3.1. Operating business segments
7.3.2. Business performance
7.3.3. Key strategic moves and developments

7.4. MESSER GROUP

7.4.1. Operating business segments
7.4.2. Business performance
7.4.3. Key strategic moves and developments

7.5. PRAXAIR TECHNOLOGY

7.5.1. Operating business segments
7.5.2. Business performance
7.5.3. Key strategic moves and developments

7.6. ADVANCED GAS TECHNOLOGIES

7.6.1. Operating business segments
7.6.2. Business performance
7.6.3. Key strategic moves and developments

7.7. ASIA TECHNICAL GAS

7.7.1. Operating business segments
7.7.2. Business performance
7.7.3. Key strategic moves and developments

7.8. GULF CRYO

7.8.1. Operating business segments
7.8.2. Business performance
7.8.3. Key strategic moves and developments

7.9. MAINE OXY

7.9.1. Operating business segments
7.9.2. Business performance
7.9.3. Key strategic moves and developments

7.10. MATHESON TRI-GAS

7.10.1. Operating business segments
7.10.2. Business performance
7.10.3. Key strategic moves and developments
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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