DUBLIN--(BUSINESS WIRE)--The "Global
Cryogenic PPE Market 2017-2021" report has been added to ResearchAndMarkets.com's
Global cryogenic PPE market to grow at a CAGR of 5.82% during the period 2017-2021.
Global Cryogenic PPE Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increased R&D and technological advances enhance scope of cryogenics. The cryogenic technology has improved at a rapid rate in the recent years. Intense research on cryogenics worldwide has led to technological advances that have broadened the scope of cryogenics in all major end-users, such as medical, industrial, energy, and food processing.
According to the report, one driver in the market is recovery of stalled projects in India. The impact of India's rapidly growing economy and the population is being increasingly felt on the country's power industry. India is facing severe power shortage and is in need for power infrastructure expansion. To meet the increasing power demand, the Government of India is planning to revive the existing gas-based power plants in the country, which were deterred, owing to the country's unpredictable production of gas reserves that has resulted in poor and slower infrastructure development in the past.
Further, the report states that one challenge in the market is uncertainties associated with low crude oil prices. Crude oil is an unstable commodity and its pricing is hard to predict because it has a complex value chain and supply chain. The price of crude oil has registered several rises and falls in the past. It has followed a vague trend over the past few years, which is now identified as the crude oil price cycle. However, the correct estimation of highs and lows in crude oil prices are yet to be seen. Crude oil prices reached historic highs before the global financial meltdown in 2009, post which it crashed sharply, owing to weak global economic factors.
- Honeywell International
- National Safety Apparel
- Tempshield Cryo-Protection
Other Prominent Vendors
- Mapa Professionnel
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by Product
Part 07: Market Segmentation by End-User
Part 08: Regional Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/43tmrx/global_cryogenic?w=4