Since 1998, Lehigh Equipment Company has been a leading supplier of cryogenic solutions for the storage and distribution of cryogenic liquids to manufacturing, medical supply, food & beverage and metalworking related industries.
What Is Cryogenics?
Cryogenics is the science and engineering of extremely low temperatures. There is no formal fixed temperature at which cryogenics start; though many people use 120 K ( -243.67 ºF) as the upper end of the cryogenic region. This temperature is chosen as it is the point below which gases such as methane, oxygen, nitrogen, neon and helium start to become liquids. Some researchers use temperatures as high as 200 K ( -99.67 ºF) as the start of the cryogenic region.
While working at such low temperatures may seem to be of only academic interest; cryogenic temperatures enable many important technologies. These include the separation and distribution of atmospheric gases such as oxygen and nitrogen, the bulk transport of natural gas in liquid form (LNG), the cooling of superconducting magnets for MRI systems and basic physics research, the use of hydrogen and oxygen as propellants in space exploration and biological and medical applications. Worldwide, cryogenics is a multibillion dollar business.
Resource: Cryogenic Society of America, Inc.
Types of Equipment for Industrial Use – Bulk Storage Tanks & Mobile Transport
Cryogenic tanks are used for storage and transport of liquified industrial gases, typically below -150 to -180 degrees C. These bulk storage tanks come in a variety of configurations based on the need, examples include horizontal, vertical and insulated. These types of cryogenic storage tanks can be stationary or mobile, to fit the desired application.
Cryogenic Equipment Market Forecasts
Looking at a recent forecast featured on MarketsandMarkets.com, projecting the opportunities within the cryogenic equipment market, demand for tanks, valves, vaporizers, pumps and more are expected to grow, with revenues targeted to hit 17 billion in 2025, up from 12 billion projected for 2020. The largest projected growth is expected to be in North America.
In terms of markets, substantial growth is projected in industry types such as metallurgy, chemical manufacturing, food and beverages, and energy & power, which makes up a big majority of the growth of the cryogenic equipment market. Accounting for the coronavirus pandemic in 2020, hospital and medical supply needs will most likely impact this growth forecast positively, as well as food & beverage. So the outlook for increasing demand has the cryogenic equipment market well positioned for growth in the near term.
Leading Manufacturers of Cryogenic Equipment
Lehigh Equipment Company is a top supplier for some of the leading manufacturers in the industrial gases market, including Cryolor and Alloy Custom Products. These manufacturers cater to bulk storage and transportation equipment that can provide superior cryogenic storage and distribution solutions for hospitals and for improving efficiencies of the freezing process for the food & beverage industries.
If you are looking for cryogenic equipment alternatives and solutions to improve your current systems and processes, Lehigh can guide you through the entire research steps, from identifying what products you need such as new or refurbished products, to provide you with a superior outcome and performance. Contact a Lehigh specialist at 859-653-4255 for your free consultation.