Cryogenic PPE Strategic Analysis Report 2024: Global Market to Grow by $500 Million by 2030 [Yahoo! Finance]
L'AIR LIQUIDE SA UNSP/ADR (AIQUY)
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Source: Yahoo! Finance
The global market for Cryogenic PPE is estimated at US$1.2 Billion in 2023 and is projected to reach US$1.7 Billion by 2030, growing at a CAGR of 4.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the cryogenic PPE market is driven by several factors, including the expanding use of cryogenic technology across various industries, stringent regulatory frameworks, and rising awareness about occupational safety. The healthcare sector, for instance, is witnessing increased demand for cryogenic PPE due to the rising use of cryogenic preservation techniques for biological samples, vaccines, and organ transplants. In the aerospace industry, cryogenic fuels are essential for rocket propulsion, necessitating the use of reliable protective gear. Additionally, the food processing industry employs cryogenic freezing methods to enhance product longevity and quality
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