This assessment forecasted global demand for cryogenic heat exchangers and pumps across LNG, CCUS, and hydrogen liq\uefaction 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 +1
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 liq\uefaction 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 liq\uefaction 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.
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