- Cryogenics and Logistics Services are essential in transporting temperature-sensitive materials, such as liquefied gases and biological samples, across various industries including healthcare, energy, and aerospace. These services ensure the integrity, safety, and reliability of products that require ultra-low temperature conditions during transit
- The demand for cryogenic logistics is significantly driven by the increasing use of biologics, vaccines, and cell & gene therapies in the healthcare sector, as well as the rising deployment of liquefied natural gas (LNG) in the energy sector. Furthermore, the expansion of aerospace applications that require the secure transport of cryogenic fuels contributes to market growth
- The North America region stands out as one of the dominant markets for Cryogenics and Logistics Services due to its advanced infrastructure, robust pharmaceutical and biotech industries, and strong regulatory frameworks supporting cold chain logistics.
- For instance, the U.S. has seen growing investments in LNG infrastructure and a surge in demand for mRNA-based vaccines that require ultra-low temperature logistics. Major logistics providers have expanded their cryogenic capabilities to meet this increasing demand
- Globally, Cryogenics and Logistics Services have become indispensable components in modern supply chains, particularly in healthcare and energy. Their role in maintaining product stability and ensuring safety across long distances and various climates is pivotal in driving operational efficiency and global distribution capabilities
