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Stock impact report

U.S. Portable Vacuum Insulated Vessels Market To Reach USD 1,438.3 Million By 2032 Report By DataHorizzon Research [Yahoo! Finance]

Linde plc (LIN) 
Last linde plc earnings: 2/13 07:10 am Check Earnings Report
Company Research Source: Yahoo! Finance
Portable Vacuum Insulated Vessels Market size was valued at USD 830.9 Million in 2023 and is expected to reach a market size of USD 1,438.3 Million by 2032 at a CAGR of 6.3%. Liquefied natural gas (LNG) is stored in cryogenic tanks and distributed without pipelines, with a growing focus on utilizing green fuel leading to increased investment in LNG transportation as an energy and fuel source. This trend is driving regional demand, with the United States emerging as a key market due to its growing demand for LNG. Consequently, cryogenic equipment is increasingly needed, positioning the U.S. as the highest revenue-generating region. According to the Center for Strategic & International Studies, U.S. LNG exports surged to 8.6 million tons in December 2023, up from around 6 million tons in the same period the previous year. In 2023, the market size of portable vacuum insulated vessels in the U.S. experienced growth due to rising demand for cryogens across various applications. These v Show less Read more
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