Energy and Power Cryogenic Pump Market | Page 2

• • Centrifugal Positive Displacement By Cryogenic Gases • • • • • Nitrogen Oxygen Argon LNG Others By End-User • • • • • Energy & Power Metallurgy Chemicals Electronics Others By Region • • • • • • Asia-Pacific Europe North America South America The Middle East Africa Asia-Pacific: The largest market for cryogenic pump The Asia-Pacific region is estimated to be the largest market for cryogenic pumps in 2016, driven largely by developments in growing economies such as China, India and other Southeast Asian countries. These developments are due to growing energy need, focus on renewable generation, and rapid urbanization. Moreover, these regions are being drawn towards tapping eco -friendly fuel sources such as LNG in order to reduce carbon emissions, which is likely to boost the cryogenic pump market in the region. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the cryogenic pump market, namely, Sumitomo Heavy Industries Ltd. (japan), Ebara Corporation (Japan), Flowserve Corporation (U.S.), Fives S.A. (France), and Brooks Automation Inc. (U.S.). These companies have been the most active in terms