The global cryogenic equipment market size was estimated at USD 25,012.9 million in 2024 and is projected to reach USD 36,734.0 million by 2030, growing at a CAGR of 6.7% from 2025 to 2030. The increasing demand for cryogenic equipment across both the metallurgy and automotive industries is one of the key factors contributing to market growth over the forecast period.
This rising...