Global Cryopump Market will reach 535 M USD by 2022

A cryopump or a "cryogenic pump" is a vacuum pump that traps gases and vapours by condensing them on a cold surface, but are only effective on some gases. The effectiveness depends on the freezing and boiling points of the gas relative to the cryopump's temperature. They are sometimes used to block particular contaminants, for example in front of a diffusion pump to trap backstreaming oil, or in front of a McLeod gauge to keep out water. In this function, they are called a cryotrap, waterpump or cold trap, even though the physical mechanism is the same as for a cryopump.

The top players cover SHI Cryogenics Group, Ulvac, Brooks, Leybold, Trillium, PHPK Technologies and Vacree. These companies account for 80% of the market share.

The "Global Cryopump Sales Market Report 2017" released by QYResearch shows that the global Sales Revenue of Cryopump is about 412 million USD in 2016 and is expected to reach 535 million USD by the end of 2022, with a CAGR 4.45% (2016-2022). USA, Europe, Japan and China are remarkable in the global Cryopump market because of their Economic and technical strength. And the sales share of USA, Europe, Japan and China were 27%, 20%, 14% and 12% respectively in 2016.

 

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