"Actionable Insights to Fuel Your Growth"

Cryogenic Valve Market Size, Share and Global Trend By Type (Gate, Globe, Ball, Butterfly, Others), By Application (Transfer Lines, Manifolds & Gas Trains, Tanks & Cold Boxes, Others), By End-User (Oil & Gas, Chemical, Food and Beverage, Others) and Geography Forecast till 2022-2029

Region : Global | Report ID: FBI101082 | Status : Ongoing



Whether in the production of materials such as steel, cement, and composites or the manufacture of value-added products such as electronics, computer chips, cosmetics, and textiles, valve technologies is a for critical manufacturing step throughout the industry. Valve technologies represent a significant opportunity to improve industrial productivity, energy efficiency, and global competitiveness.

Valves are mechanical devices that control the flow and pressure within a system or process. They are essential components of a piping system that conveys liquids, gases, vapors, slurries, etc. Functions of valves are: stopping and starting the flow, reduce or increase a flow, controlling the direction of flow, regulating a flow or process pressure, and relieve a pipe system of a certain pressure. Cryogenic valves are used for fluids which have a temperature below 123 kelvins.

To gain extensive insights into the market, Request for Customization

Based on type, the cryogenic valves are divided into gate valve, globe valve, ball valve, butterfly valve, and others. Based on application, cryogenic valve technologies can be segmented into transfer lines, manifolds & gas trains, tanks & cold boxes, and others. Based on end-user, the market can be segmented in oil & gas, chemical, food, and beverage, etc. Several research organizations and universities use cryogenic valves for research and development activities.

The primary market driver for the global cryogenic valve market is the growing demand for natural gas and LPG. The floating storage regasification units (FSRU) & floating production storage and offloading (FPSO) are increasing day by day. Cryogenic valves are extensively used in FSRU and FPSO. The critical market restraint for cryogenic valve market is the high cost of raw materials. Special alloys are used for low-temperature applications.

Key Players Covered

Some of the major companies that are present in the cryogenic valve market are Velan, Habonim Industrial Valves & Actuators LTD, Herose GmbH, Bray International Inc., KITZ Corporation, Weka AG., Hy-Lok USA, Parker, L&T Valves, Red Point Alloys, ValvTechnologies Inc., Emerson, PBM, INC. Valve Solutions, Cryocomp, Blackhall Engineering Limited, ACME Cryogenics, and Flowserve Corporation.




By Type

· Gate

· Globe

· Ball

· Butterfly

· Others

By Application

· Transfer Lines

· Manifolds & Gas Trains

· Tanks & Cold Boxes

· Others

By End-User

· Oil & Gas

· Chemical

· Food and Beverage

· Others

By Geography

· North America (USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Regional Analysis

The global cryogenic valve market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The cryogenic valve market will be primarily influenced by growing LNG usage worldwide. The Asia-Pacific region dominates the demand for the cryogenic valve market. An increase in chemical processing units, an increase in oil & gas downstream activities, and growth of manufacturing output in Asian countries is a significant driver for the cryogenic valve market. Africa has the highest potential for cryogenic valve market in the coming year. Middle-Eastern countries will provide steady growth for cryogenic valve market because of the increase in the demand for LNG. Increase in shale gas exploration and extraction in North America is expected to positively influence the cryogenic valve market. Research in cryogenics in North America and Europe is expected to boost the market of specialized cryogenic valves. Increase in space activities in the USA, China, India, Japan, EU, etc. will increase demand for cryogenic valve market.

Key Industry Developments

  • In March 2019, The Indian shipping ministry has issued guidelines for setting up Floating Storage Regasification Units (FSRU) for handling Liquefied Natural Gas (LNG) cargo at major port trusts.
  • In December 2018, Emerson announced it has acquired Advanced Engineering Valves (A.E. Valves), a manufacturer of valve technology that helps LNG customers operate more efficiently.

Cryogenic Valve Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2021
  • 2018-2020


  • $4850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

The Japan Research

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.