This assessment forecasted global demand for cryogenic heat exchangers and pumps across LNG, CCUS, and hydrogen liquefaction applications. ADI evaluated the cyclical nature of large-scale LNG capex alongside the rapid scale-up of blue hydrogen projects that rely on cryogenic CO2 separation. The work assessed the role of high-efficiency coil-wound exchangers and brazed aluminum designs for varying industrial gas capacities.
The client
Global industrial equipment manufacturer
The situation
Strategic uncertainty regarding which energy transition segments will drive the next cycle of cryogenic equipment demand and investment.
ADI’s contributions
Build a proprietary capacity outlook
ADI leveraged proprietary project databases to forecast annual capex requirements for large-scale liquefaction and CCS builds.
Segmented demand forecasting
Distinguishing between new-build and aftermarket sales allowed the client to prioritize R&D resources across the value chain.
Energy transition analysis
Evaluation of hydrogen liquefaction and LAES maturity levels provided a realistic timeframe for volume-driven equipment sales.
Regional capex segmentation
Analysis of North American versus Asian project pipelines identified geographic shifts in upcoming semiconductor and gas builds.
Key outcomes
Development of a targeted growth strategy focused on high-growth energy transition segments and aftermarket replacement cycles.
Client Results
The team at ADI is very professional, it was a very thorough analysis, they have a lot of expertise in the natural gas space.
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