(MENAFN- GlobeNewsWire - Nasdaq) tanks, compliant with ISO 1496/3 and UN T75 standards, are crucial for storing and transporting liquefied gases like LNG, LOX, and LIN at ultra-low temperatures. Growing LNG demand as a cleaner fuel propels market growth, despite high maintenance challenges. Key players include Chart Industries, Linde PLC, and INOX India Pvt. Ltd. Asia-Pacific leads in LNG imports.

Dublin, April 18, 2025 (GLOBE NEWSWIRE) -- The "T75 Cryogenic Tank Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets.com's offering.

The Global T75 Cryogenic Tank Market is projected to grow from USD 6.65 billion in 2024 to USD 10.15 billion by 2030, at a CAGR of 7.15%. T75 cryogenic tanks, which are specialized containers designed for the storage and transportation of liquefied gases at extremely low temperatures, are gaining traction across diverse sectors including healthcare, energy, and food processing. These tanks comply with ISO 1496/3 and UN T75 standards, ensuring safe handling of substances like liquid oxygen, nitrogen, argon, LNG, and carbon dioxide.
Key Market Drivers
The growing adoption of LNG as a cleaner fuel option for transportation and power generation is a primary driver for this market. LNG offers reduced greenhouse gas emissions and higher energy efficiency, making it a favorable substitute for traditional fossil fuels. The increased consumption of LNG is propelled by strict environmental regulations and carbon reduction targets. This surge in LNG usage necessitates reliable storage and transportation options, highlighting the importance of T75 cryogenic tanks. T75 tanks are engineered to manage LNG's cryogenic temperatures, ensuring minimal evaporation losses and safe handling.
Power generation facilities are increasingly opting for LNG to replace more polluting fuels like coal, thus improving efficiency and reducing emissions. In Asia-Pacific, leading LNG importers include China, Japan, and South Korea, accounting for 70% of global imports.
Key Market Challenges
A significant challenge for the T75 cryogenic tank market is the high maintenance requirements involved in managing these tanks. They require regular inspections and adherence to safety protocols to prevent issues like material embrittlement. Such maintenance demands increase operational costs and can deter companies from widespread adoption. The financial burden of such upkeep may lead firms to seek more economical storage alternatives.
Key Market Trends
The rising demand for LNG as a cleaner fuel is poised to enhance the growth of the T75 Cryogenic Tank Market. As countries globally intensify their focus on environmental sustainability, the reliance on efficient storage solutions becomes more pronounced. Investment in LNG infrastructure, such as production and storage facilities, underscores the critical role of T75 tanks. Technological advancements are further expected to broaden their application across various sectors.
In regions like the Americas and Europe, developments in natural gas exploration and clean energy regulations are promoting the use of cryogenic storage solutions. Similarly, the rapid industrialization in Asia-Pacific is augmenting the demand for cryogenic technologies.

Key Attributes:

Report Attribute	Details
No. of Pages	180
Forecast Period	2024 - 2030
Estimated Market Value (USD) in 2024	$6.65 Billion
Forecasted Market Value (USD) by 2030	$10.15 Billion
Compound Annual Growth Rate	7.1%
Regions Covered	Global

Key Topics Covered:
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Assumptions and Limitations
2.4. Sources of Research
2.5. Approach for the Market Study
2.6. Methodology for Calculation of Market Size & Shares
2.7. Forecasting Methodology
3. Executive Summary
4. Voice of Customer
5. Global T75 Cryogenic Tank Market Outlook
5.1. Market Size & Forecast
5.2. Market Share & Forecast
5.3. By Company (2024)
6. North America T75 Cryogenic Tank Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
6.3. North America: Country Analysis
7. Europe T75 Cryogenic Tank Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. Europe: Country Analysis
8. Asia-Pacific T75 Cryogenic Tank Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Asia-Pacific: Country Analysis
9. South America T75 Cryogenic Tank Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. South America: Country Analysis
10. Middle East and Africa T75 Cryogenic Tank Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. Middle East and Africa: Country Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Company Profiles
13.1. Chart Industries, Inc
13.2. Air Products
13.3. INOX India Pvt. Ltd
13.4. Linde PLC
13.5. Air Water Inc
13.6. Wessington Cryogenics Ltd.
13.7. Super Cryogenic Systems Pvt Ltd
13.8. FIBA Technologies Inc.
13.9. Suretank Group Ltd.
13.10. Eden Cryogenic LLC

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• T75 Cryogenic Tank Market

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