futurechemical on GETTR : Cryogenic Pump Market Size, Share, Demand, Growth & Trends by 2032
The global cryogenic pump market is projected to...
Cryogenic Pump Market Size, Share, Demand, Growth & Trends by 2032
The global cryogenic pump market is projected to reach a valuation of US$ 1,979.6 Mn in 2032, with sales growing at a healthy CAGR of 6.7% over the forecast period of 2022 to 2032.
Rising from an average growth rate of 4.6% from 2016 to 2021, the cryogenic pump market is likely to reach an estimated US$ 1,035 Mn by the end of 2022. Elevated emphasis on solar power generation and focus on the development of solar PV manufacturing have resulted in the market expansion of cryogenic pumps over the forecast period.
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