Global Cryogenic Valve Market Size study & Forecast, by Product Type, by Gas, by End-user Industry and Regional Analysis, 2023-2030

Description

List of Tables

Cryogenic valve is a type of valve specifically designed to handle extremely low temperatures, typically below -150 degrees Celsius (-238 degrees Fahrenheit). These valves are used in various industries and applications where cryogenic fluids, such as liquefied natural gas (LNG), liquid nitrogen, or liquid oxygen, need to be controlled or contained. Cryogenic valves are constructed with materials that can withstand low temperatures and maintain their structural integrity. Common materials used for cryogenic valves include stainless steel, brass, bronze, or other alloys with low thermal conductivity. The key factor such as rising demand for industrial gases, growing trade for LNG, and rising demand from chemical industry are anticipated to support the market growth during forecast period.

Moreover, the growing demand for industrial gas has a positive impact on the market growth. According to Statista, in 2021, the size of industrial gas market worldwide was USD 93.7 billion and it increased significantly and reached USD 129.1 billion by 2027. As a result, the growing industrial gas market is anticipated to support the market growth. Additionally, rise in the energy demand and growing advancement in cryogenic valves is anticipated to create lucrative opportunities for the market during forecast period. However, the operational safety associated with liquid gases and high operation and maintenance cost stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Cryogenic Valve Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, rising demand for LNG based power plants, growing power industry and rising investments in the oil & gas industry in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as growing energy demand from gas-based power plants, due to depleting energy resources and strict rules for emissions that fuel the demand for the valves in the region. With massive plans to enhance its hydrogen infrastructure, the installation of advanced air separation plants, and the ongoing development of new research facilities, China has been the undisputed leader in this region

Major market players included in this report are:

Schlumberger (U.S.)
Flowserve Corp. (U.S.)
Baker Hughes (U.S.)
Emerson Electric Co. (U.S.)
Neles Corp. (Finland)
KITZ Corporation (Japan)
Cryostar GmbH (France)
Bray International (U.S.)
HEROSE GmbH (Germany)
Cryocomp (U.S.)

Recent Developments in the Market:

In Oct. 2021, The Valtek Multi Z Anti cavitation control valve was launched by Flowserve Corporation, one of the major manufacturers of industrial and environmental equipment, to prevent cavitation in high-pressure drop conditions.

Global Cryogenic Valve Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Gas, End-user Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Ball Valve
Check Valve
Gate Valve
Globe Valve
Other Product Types

By Gas:

Liquid Nitrogen
Liquid Helium
Hydrogen
Oxygen
Other Gases

By End-user Industry:

Chemicals
Oil and Gas
Energy and Power
Food and Beverage
Medical
Other End-user Industries

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Cryogenic Valve Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Cryogenic Valve Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Cryogenic Valve Market, by Gas, 2020-2030 (USD Billion)
- 1.2.4. Cryogenic Valve Market, by End-user Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Cryogenic Valve Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Cryogenic Valve Market Dynamics

3.1. Cryogenic Valve Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand for industrial gases
  - 3.1.1.2. Growing trade for LNG
  - 3.1.1.3. Rising demand from chemical industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Operational safety associated with liquid gases
  - 3.1.2.2. High operation and maintenance cost
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rise in the energy demand
  - 3.1.3.2. Growing technological advancement in cryogenic valve

Chapter 4. Global Cryogenic Valve Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Cryogenic Valve Market, by Product Type

5.1. Market Snapshot
5.2. Global Cryogenic Valve Market by Product Type, Performance - Potential Analysis
5.3. Global Cryogenic Valve Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Cryogenic Valve Market, Sub Segment Analysis
- 5.4.1. Ball Valve
- 5.4.2. Check Valve
- 5.4.3. Gate Valve
- 5.4.4. Globe Valve
- 5.4.5. Other Product Types

Chapter 6. Global Cryogenic Valve Market, by Gas

6.1. Market Snapshot
6.2. Global Cryogenic Valve Market by Gas, Performance - Potential Analysis
6.3. Global Cryogenic Valve Market Estimates & Forecasts by Gas 2020-2030 (USD Billion)
6.4. Cryogenic Valve Market, Sub Segment Analysis
- 6.4.1. Liquid Nitrogen
- 6.4.2. Liquid Helium
- 6.4.3. Hydrogen
- 6.4.4. Oxygen
- 6.4.5. Other Gases

Chapter 7. Global Cryogenic Valve Market, by End-user Industry

7.1. Market Snapshot
7.2. Global Cryogenic Valve Market by End-user Industry, Performance - Potential Analysis
7.3. Global Cryogenic Valve Market Estimates & Forecasts by End-user Industry 2020-2030 (USD Billion)
7.4. Cryogenic Valve Market, Sub Segment Analysis
- 7.4.1. Chemicals
- 7.4.2. Oil and Gas
- 7.4.3. Energy and Power
- 7.4.4. Food and Beverage
- 7.4.5. Medical
- 7.4.6. Other End-user Industries

Chapter 8. Global Cryogenic Valve Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Cryogenic Valve Market, Regional Market Snapshot
8.4. North America Cryogenic Valve Market
- 8.4.1. U.S. Cryogenic Valve Market
  - 8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Gas breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-user Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Cryogenic Valve Market
8.5. Europe Cryogenic Valve Market Snapshot
- 8.5.1. U.K. Cryogenic Valve Market
- 8.5.2. Germany Cryogenic Valve Market
- 8.5.3. France Cryogenic Valve Market
- 8.5.4. Spain Cryogenic Valve Market
- 8.5.5. Italy Cryogenic Valve Market
- 8.5.6. Rest of Europe Cryogenic Valve Market
8.6. Asia-Pacific Cryogenic Valve Market Snapshot
- 8.6.1. China Cryogenic Valve Market
- 8.6.2. India Cryogenic Valve Market
- 8.6.3. Japan Cryogenic Valve Market
- 8.6.4. Australia Cryogenic Valve Market
- 8.6.5. South Korea Cryogenic Valve Market
- 8.6.6. Rest of Asia Pacific Cryogenic Valve Market
8.7. Latin America Cryogenic Valve Market Snapshot
- 8.7.1. Brazil Cryogenic Valve Market
- 8.7.2. Mexico Cryogenic Valve Market
8.8. Middle East & Africa Cryogenic Valve Market
- 8.8.1. Saudi Arabia Cryogenic Valve Market
- 8.8.2. South Africa Cryogenic Valve Market
- 8.8.3. Rest of Middle East & Africa Cryogenic Valve Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Schlumberger (U.S.)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Flowserve Corp. (U.S.)
- 9.3.3. Baker Hughes (U.S.)
- 9.3.4. Emerson Electric Co. (U.S.)
- 9.3.5. Neles Corp. (Finland)
- 9.3.6. KITZ Corporation (Japan)
- 9.3.7. Cryostar GmbH (France)
- 9.3.8. Bray International (U.S.)
- 9.3.9. HEROSE GmbH (Germany)
- 9.3.10. Cryocomp (U.S.)

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Cryogenic Valve Market, report scope
TABLE 2. Global Cryogenic Valve Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Cryogenic Valve Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Cryogenic Valve Market estimates & forecasts by Gas 2020-2030 (USD Billion)
TABLE 5. Global Cryogenic Valve Market estimates & forecasts by End-user Industry 2020-2030 (USD Billion)
TABLE 6. Global Cryogenic Valve Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Cryogenic Valve Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Cryogenic Valve Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Cryogenic Valve Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Cryogenic Valve Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Cryogenic Valve Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Cryogenic Valve Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Cryogenic Valve Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Cryogenic Valve Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Cryogenic Valve Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Cryogenic Valve Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Cryogenic Valve Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Cryogenic Valve Market
TABLE 71. List of primary sources, used in the study of global Cryogenic Valve Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Cryogenic Valve Market, research methodology
FIG 2. Global Cryogenic Valve Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Cryogenic Valve Market, key trends 2022
FIG 5. Global Cryogenic Valve Market, growth prospects 2023-2030
FIG 6. Global Cryogenic Valve Market, porters 5 force model
FIG 7. Global Cryogenic Valve Market, pest analysis
FIG 8. Global Cryogenic Valve Market, value chain analysis
FIG 9. Global Cryogenic Valve Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Cryogenic Valve Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Cryogenic Valve Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Cryogenic Valve Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Cryogenic Valve Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Cryogenic Valve Market, regional snapshot 2020 & 2030
FIG 15. North America Cryogenic Valve Market 2020 & 2030 (USD Billion)
FIG 16. Europe Cryogenic Valve Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Cryogenic Valve Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Cryogenic Valve Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Cryogenic Valve Market 2020 & 2030 (USD Billion)