Use of cryogenic products is projected to increase at the fastest pace in the Gas Equipment Market
The cryogenic products segment is projected to be the fastest-growing equipment category in the next five years. Due to the increasing use of super cooled liquefied gases in the chemical sector and other industrial activities, the demand for cryogenic products such as pressure vessels, cryogenic storages, and cold traps for the purpose of transporting and storing has also increased and it is expected to witness the same trend through 2021. This segment is projected to grow at the highest CAGR during the forecast period and acquire the largest market share. The industrial gas handling equipment market size is projected to grow from USD 51.93 Billion in 2016 to USD 72.22 Billion by 2021, at a CAGR of 6.82%. Download the PDF Brochure to know more @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68487468 The industrial gas handling equipment market is projected to witness significant growth in the future with the increasing use of industrial gases in met...