Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1390860
PUBLISHER: IMARC | PRODUCT CODE: 1390860
Cryogenic Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
PUBLISHED:
PAGES: 140 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Abstract
The global cryogenic valves market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.79% during 2022-2028.
Cryogenic valves are designed to be utilized in air separation, chemical, or liquified natural gas (LNG) plants. They open in high-pressure conditions and allow the free flow of the gases until the pressure reduces. They assist in reducing the heat that enters the valve from outside, thereby keeping the packing gland temperature above 0 degrees Celsius and avoiding the stem and parts above the bonnet from freezing or frosting. At present, they are widely available in a variety of shapes and sizes to function under different pressure ranges.
Cryogenic Valves Market Trends:
A considerable rise in the utilization of cryogenic valves in the oil and gas industry represents one of the key factors strengthening the growth of the market. This can also be accredited to the growing recovery of oil production activities, which is further contributing to an increase in the production capacities of petrochemicals across the globe. Cryogenic valves are employed to store and transport cryogenic gases safely and efficiently. They are mainly designed for suitable integrity pressure protection and emergency shutdowns in temperatures as low as -196 degrees Celsius. Apart from this, cryogenic valves are effective, relatively inexpensive and they do not affect the color, taste, and flavors of the food. As a result, they are increasingly being employed in the food and beverage (F&B) industry. This, coupled with the burgeoning F&B sector, is supporting the market growth. Furthermore, cryogenic gases are extensively utilized for cryosurgery in the healthcare industry, which is positively influencing the sales of cryogenic valves around the world. Besides this, the market is also driven by product applications in rock concerts and theater stages worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cryogenic valves market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, gas and end use industry.
Breakup by Product:
Ball Valves
Check Valves
Gate Valves
Globe Valves
Others
Breakup by Gas:
Liquid Nitrogen
Liquid Helium
Hydrogen
Oxygen
Others
Breakup by End Use Industry:
Chemical
Oil and Gas
Energy and Power
Food and Beverages
Medical
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bac Valves, Bray International Inc., Cryofab, Emerson Electric Co., Flowserve Corporation, Habonim, Herose GmbH, L&T Valves Limited (Larsen & Toubro Limited), Parker-Hannifin Corporation, Powell Valves, Samson Aktiengesellschaft, Schlumberger Limited, The Weir Group PLC and Velan Inc.
Key Questions Answered in This Report:
- How has the global cryogenic valves market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cryogenic valves market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the gas?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cryogenic valves market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4740
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cryogenic Valves Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Ball Valves
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Check Valves
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Gate Valves
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Globe Valves
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Gas
- 7.1 Liquid Nitrogen
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Liquid Helium
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hydrogen
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Oxygen
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Chemical
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Oil and Gas
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Energy and Power
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Food and Beverages
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Medical
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Bac Valves
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Bray International Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Cryofab
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Emerson Electric Co.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Flowserve Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Habonim
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Herose GmbH
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 L&T Valves Limited (Larsen & Toubro Limited)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Parker-Hannifin Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Powell Valves
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Samson Aktiengesellschaft
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Schlumberger Limited
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.13 The Weir Group PLC
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.14 Velan Inc.
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.14.3 Financials
- 14.3.14.4 SWOT Analysis
- 14.3.1 Bac Valves
Product Code: SR112023A4740
List of Figures
- Figure 1: Global: Cryogenic Valves Market: Major Drivers and Challenges
- Figure 2: Global: Cryogenic Valves Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Cryogenic Valves Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Cryogenic Valves Market: Breakup by Product (in %), 2022
- Figure 5: Global: Cryogenic Valves Market: Breakup by Gas (in %), 2022
- Figure 6: Global: Cryogenic Valves Market: Breakup by End Use Industry (in %), 2022
- Figure 7: Global: Cryogenic Valves Market: Breakup by Region (in %), 2022
- Figure 8: Global: Cryogenic Valves (Ball Valves) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Cryogenic Valves (Ball Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Cryogenic Valves (Check Valves) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Cryogenic Valves (Check Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Cryogenic Valves (Gate Valves) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Cryogenic Valves (Gate Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Cryogenic Valves (Globe Valves) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Cryogenic Valves (Globe Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Cryogenic Valves (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Cryogenic Valves (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Cryogenic Valves (Liquid Nitrogen) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Cryogenic Valves (Liquid Nitrogen) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Cryogenic Valves (Liquid Helium) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Cryogenic Valves (Liquid Helium) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Cryogenic Valves (Hydrogen) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Cryogenic Valves (Hydrogen) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Cryogenic Valves (Oxygen) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Cryogenic Valves (Oxygen) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Cryogenic Valves (Other Gases) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Cryogenic Valves (Other Gases) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Cryogenic Valves (Chemical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Cryogenic Valves (Chemical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Cryogenic Valves (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Cryogenic Valves (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Cryogenic Valves (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Cryogenic Valves (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Cryogenic Valves (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Cryogenic Valves (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Cryogenic Valves (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Cryogenic Valves (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Cryogenic Valves (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Cryogenic Valves (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: North America: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: North America: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: United States: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: United States: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Canada: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Canada: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Asia-Pacific: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Asia-Pacific: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: China: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: China: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Japan: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Japan: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: India: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: India: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: South Korea: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: South Korea: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Australia: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Australia: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Indonesia: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Indonesia: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Europe: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Europe: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Germany: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Germany: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: France: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: France: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: United Kingdom: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: United Kingdom: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Italy: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Italy: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Spain: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Spain: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Russia: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Russia: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Latin America: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Latin America: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Brazil: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Brazil: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Mexico: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Mexico: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Others: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Others: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Middle East and Africa: Cryogenic Valves Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Middle East and Africa: Cryogenic Valves Market: Breakup by Country (in %), 2022
- Figure 88: Middle East and Africa: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Global: Cryogenic Valves Industry: SWOT Analysis
- Figure 90: Global: Cryogenic Valves Industry: Value Chain Analysis
- Figure 91: Global: Cryogenic Valves Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Cryogenic Valves Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Cryogenic Valves Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Cryogenic Valves Market Forecast: Breakup by Gas (in Million US$), 2023-2028
- Table 4: Global: Cryogenic Valves Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 5: Global: Cryogenic Valves Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Cryogenic Valves Market: Competitive Structure
- Table 7: Global: Cryogenic Valves Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.