| Product Code: ETC4657973 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland`s cryogenic equipment import market saw a shift in concentration from high to low, reflecting increased diversification. The top exporting countries, including the UK, Belgium, USA, Germany, and Italy, are key players driving this change. Despite a negative compound annual growth rate (CAGR) of -6.71% from 2020-2024, the growth rate in 2024 significantly improved by -59.58% compared to the previous year. This indicates potential opportunities for market recovery and expansion in the cryogenic equipment sector in Ireland.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Cryogenic Equipment Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Cryogenic Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Cryogenic Equipment Market - Industry Life Cycle |
3.4 Ireland Cryogenic Equipment Market - Porter's Five Forces |
3.5 Ireland Cryogenic Equipment Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Ireland Cryogenic Equipment Market Revenues & Volume Share, By Cryogen? , 2021 & 2031F |
3.7 Ireland Cryogenic Equipment Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Ireland Cryogenic Equipment Market Revenues & Volume Share, By Application? , 2021 & 2031F |
4 Ireland Cryogenic Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for cryogenic equipment in industries such as healthcare, food processing, and electronics due to their ability to maintain low temperatures. |
4.2.2 Increasing investments in research and development activities to enhance cryogenic technologies and applications. |
4.2.3 Favorable government initiatives and regulations promoting the adoption of cryogenic equipment for various industrial processes. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the procurement and installation of cryogenic equipment. |
4.3.2 Challenges related to the handling and storage of cryogenic gases and liquids, including safety concerns and infrastructure requirements. |
5 Ireland Cryogenic Equipment Market Trends |
6 Ireland Cryogenic Equipment Market Segmentations |
6.1 Ireland Cryogenic Equipment Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Ireland Cryogenic Equipment Market Revenues & Volume, By Tanks, 2021-2031F |
6.1.3 Ireland Cryogenic Equipment Market Revenues & Volume, By Valves, 2021-2031F |
6.1.4 Ireland Cryogenic Equipment Market Revenues & Volume, By Vaporizers, 2021-2031F |
6.1.5 Ireland Cryogenic Equipment Market Revenues & Volume, By Pumps, 2021-2031F |
6.1.6 Ireland Cryogenic Equipment Market Revenues & Volume, By Pipe, 2021-2031F |
6.2 Ireland Cryogenic Equipment Market, By Cryogen? |
6.2.1 Overview and Analysis |
6.2.2 Ireland Cryogenic Equipment Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2.3 Ireland Cryogenic Equipment Market Revenues & Volume, By Oxygen, 2021-2031F |
6.2.4 Ireland Cryogenic Equipment Market Revenues & Volume, By Liquefied Natural Gas, 2021-2031F |
6.2.5 Ireland Cryogenic Equipment Market Revenues & Volume, By Argon, 2021-2031F |
6.2.6 Ireland Cryogenic Equipment Market Revenues & Volume, By Other Cryogens, 2021-2031F |
6.3 Ireland Cryogenic Equipment Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Ireland Cryogenic Equipment Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Ireland Cryogenic Equipment Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Ireland Cryogenic Equipment Market Revenues & Volume, By Metallurgical, 2021-2031F |
6.3.5 Ireland Cryogenic Equipment Market Revenues & Volume, By Electronics, 2021-2031F |
6.4 Ireland Cryogenic Equipment Market, By Application? |
6.4.1 Overview and Analysis |
6.4.2 Ireland Cryogenic Equipment Market Revenues & Volume, By Storage, 2021-2031F |
6.4.3 Ireland Cryogenic Equipment Market Revenues & Volume, By Distribution, 2021-2031F |
7 Ireland Cryogenic Equipment Market Import-Export Trade Statistics |
7.1 Ireland Cryogenic Equipment Market Export to Major Countries |
7.2 Ireland Cryogenic Equipment Market Imports from Major Countries |
8 Ireland Cryogenic Equipment Market Key Performance Indicators |
8.1 Energy efficiency of cryogenic equipment used in industrial processes. |
8.2 Adoption rate of cryogenic equipment in emerging industries such as biotechnology and pharmaceuticals. |
8.3 Number of patents filed for innovative cryogenic technologies. |
8.4 Percentage of industrial processes utilizing cryogenic equipment for improved productivity and quality. |
9 Ireland Cryogenic Equipment Market - Opportunity Assessment |
9.1 Ireland Cryogenic Equipment Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Ireland Cryogenic Equipment Market Opportunity Assessment, By Cryogen? , 2021 & 2031F |
9.3 Ireland Cryogenic Equipment Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Ireland Cryogenic Equipment Market Opportunity Assessment, By Application? , 2021 & 2031F |
10 Ireland Cryogenic Equipment Market - Competitive Landscape |
10.1 Ireland Cryogenic Equipment Market Revenue Share, By Companies, 2024 |
10.2 Ireland Cryogenic Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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