According to our (Global Info Research) latest study, the global LNG Cryogenic Pump market size was valued at US$ 141 million in 2024 and is forecast to a readjusted size of USD 308 million by 2031 with a CAGR of 11.1% during review period.
LNG Cryogenic Pump is a pump specially designed for the transportation, storage and transfer of liquefied natural gas (LNG), capable of efficient transmission of liquefied natural gas at extremely low temperature conditions (-162°C) and ensuring its safe and stable flow.
As a key equipment in the liquefied natural gas (LNG) industry chain, the market demand for LNG cryogenic pumps has gradually increased in recent years with the growth of global energy demand, the rapid development of the LNG industry, and the promotion of clean energy transformation. The main function of the LNG cryogenic pump is to efficiently and safely transfer liquefied natural gas from one point to another, including from storage tanks to gasification equipment, or from transport ships to receiving terminals, to ensure the stable flow and storage of liquefied natural gas at extremely low temperatures. As LNG becomes more and more important in the global energy structure, the prospects of the LNG cryogenic pump market have become more and more broad.
At present, the LNG industry is expanding rapidly, especially the construction of LNG receiving terminals and liquefaction plants is increasing. According to the forecast of the International Energy Agency (IEA), global LNG demand will continue to grow in the next few decades, especially in Asia, Europe and North America. With the diversification of energy supply and the increase in demand for clean energy, LNG has become a popular alternative energy source. Against this background, as one of the core equipment in the LNG industry chain, the market demand for LNG cryogenic pumps continues to increase.
Most of the LNG cryogenic pumps on the market are currently used in the reception, storage, transportation and gasification of liquefied natural gas. Their performance directly affects the efficiency and safety of the entire LNG supply chain. Therefore, LNG cryogenic pump manufacturers face high technical requirements and need to continuously improve the low temperature resistance, corrosion resistance, energy efficiency and reliability of their products to adapt to extreme working environments.
At present, the market for LNG cryogenic pumps is mainly concentrated in regions with relatively developed LNG industries in the world, such as the United States, Russia, Australia, the Middle East and China. In particular, China, as an important market for global LNG consumption and imports, has seen a continuous increase in LNG demand in recent years, driving demand for LNG cryogenic pumps and other related equipment. In Europe and the United States, with the continuous advancement of clean energy policies, LNG, as a green energy to replace traditional fossil fuels, is becoming a more important form of energy, thereby promoting the development of the LNG cryogenic pump market.
This report is a detailed and comprehensive analysis for global LNG Cryogenic Pump market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global LNG Cryogenic Pump market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K US$/Unit), 2020-2031
Global LNG Cryogenic Pump market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K US$/Unit), 2020-2031
Global LNG Cryogenic Pump market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K US$/Unit), 2020-2031
Global LNG Cryogenic Pump market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for LNG Cryogenic Pump
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global LNG Cryogenic Pump market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Vanzetti Engineering, Nikkiso, Cryostar, Cryomec, CS&PTechnologies, Ebara, Hangzhou Xinya Cryogenic Technology Co., Ltd., Dalian Deep Blue Pump Co., Ltd., Andisoon, Shinko, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
LNG Cryogenic Pump market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High Pressure
Low Pressure
Market segment by Application
Onshore
Offshore
Major players covered
Vanzetti Engineering
Nikkiso
Cryostar
Cryomec
CS&PTechnologies
Ebara
Hangzhou Xinya Cryogenic Technology Co., Ltd.
Dalian Deep Blue Pump Co., Ltd.
Andisoon
Shinko
Tianjin Baiyan Technology
Hangzhou NAC
Sefco
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LNG Cryogenic Pump product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LNG Cryogenic Pump, with price, sales quantity, revenue, and global market share of LNG Cryogenic Pump from 2020 to 2025.
Chapter 3, the LNG Cryogenic Pump competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LNG Cryogenic Pump breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and LNG Cryogenic Pump market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of LNG Cryogenic Pump.
Chapter 14 and 15, to describe LNG Cryogenic Pump sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on LNG Cryogenic Pump. Industry analysis & Market Report on LNG Cryogenic Pump is a syndicated market report, published as Global LNG Cryogenic Pump Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of LNG Cryogenic Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.