Market Overview:
The global industrial cryogenic valves market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cryogenic valves from various end-use industries, such as oil & gas, power generation, water treatment, construction and others. In addition, the growing awareness about the benefits of using cryogenic valves is also contributing to the growth of this market. Based on type, ball valves are expected to lead the global industrial cryogenic valves market during the forecast period. This can be attributed to their high reliability and durability coupled with low maintenance requirements.
Product Definition:
An industrial cryogenic valve is a type of valve that is specifically designed for use with cryogenic fluids. These valves are often made from materials that can withstand the extreme cold temperatures associated with these fluids, such as stainless steel or titanium. They are used to control and direct the flow of cryogenic liquids and gases, as well as to protect equipment from the extreme cold.
Ball Valves:
The global ball valves market size was valued at USD 3.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for high-quality control products, owing to the stringent regulations regarding industrial emissions is anticipated to drive growth over the coming years.
Gate Valves:
The gate valves are the closed part of the valve which controls or regulates flow through a particular section of the valve. It is located between two sections and works as an intermediate device to control or regulate flow between two communicating parts. The gate valves are used in industrial cryogenic valves for controlling and regulating pressure, directing fluid, opening and closing ports, etc.
Application Insights:
The oil & gas segment dominated the global industrial cryogenic valves market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of crude oil and natural gas, which has resulted in an increased demand for cold flow separation processes, leading to an increased use of cryogenic valves.
The construction segment is projected to grow at a significant rate over the forecast period owing to rapid urbanization in emerging economies such as India and China along with rising infrastructural development activities across various regions globally. This factor will further boost product demand during construction activities related projects worldwide, especially from countries such as Brazil where valve manufacturing industry is developing rapidly on account of low cost structure that attracts domestic and foreign investors alike.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing demand from end-use industries, such as oil & gas, power generation, and water treatment. The region is expected to witness significant growth over the forecast period on account of rapid industrialization and rising energy demand.
The presence of a large number of Cryogenic Valves Manufacturers coupled with growing R&D activities for developing advanced products are some factors that can be attributed to regional market growth. In addition, favorable government policies promoting investments in various sectors including manufacturing industry are anticipated to drive the overall Cryogenic Valves Market over the forecast period.
Europe was estimated at USD X million in 2017 and is projected to grow at a CAGR of XX% during the forecast years on account of high product utilization across several end-use industries including oil & gas, power generation, water treatment among others.
Growth Factors:
- Increasing demand for cryogenic valves from the oil & gas industry as a result of increasing exploration and production activities
- Rising demand for cryogenic valves from the chemical processing industry due to growth in end-user industries such as pharmaceuticals, food & beverages, and cosmetics
- Growing popularity of liquefied natural gas (LNG) as a cleaner fuel source that is expected to drive investments in LNG infrastructure, including cryogenic valve systems
- Technological advancements that have led to the development of more efficient and reliable cryogenic valves
- Stringent environmental regulations mandating the use of low-emitting technologies in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Cryogenic Valves Market Research Report
By Type
Ball Valves, Gate Valves, Butterfly Valves, Others
By Application
Oil & Gas, Power Generation, Water Treatment, Construction, Other
By Companies
Emerson, Flowserve, Cameron, Kitz, KSB, Johnson Controls, AVK, ADAMS, Crane, IMI, Parker Hannifin, Tomoe, Bray, Watts Water Technologies, Circor, Zwick, Maezawa Industries, Diefei, Kirloskar, ARI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Cryogenic Valves Market Report Segments:
The global Industrial Cryogenic Valves market is segmented on the basis of:
Types
Ball Valves, Gate Valves, Butterfly Valves, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Power Generation, Water Treatment, Construction, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Emerson
- Flowserve
- Cameron
- Kitz
- KSB
- Johnson Controls
- AVK
- ADAMS
- Crane
- IMI
- Parker Hannifin
- Tomoe
- Bray
- Watts Water Technologies
- Circor
- Zwick
- Maezawa Industries
- Diefei
- Kirloskar
- ARI
Highlights of The Industrial Cryogenic Valves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ball Valves
- Gate Valves
- Butterfly Valves
- Others
- By Application:
- Oil & Gas
- Power Generation
- Water Treatment
- Construction
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Cryogenic Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial cryogenic valves are used in industrial processes to control the flow of liquids, gases, and vapors. They are also used in research and development to control the flow of gases or liquids under high pressure or temperature conditions.
Some of the major players in the industrial cryogenic valves market are Emerson, Flowserve, Cameron, Kitz, KSB, Johnson Controls, AVK, ADAMS, Crane, IMI, Parker Hannifin, Tomoe, Bray, Watts Water Technologies, Circor, Zwick, Maezawa Industries, Diefei, Kirloskar, ARI.
The industrial cryogenic valves market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Cryogenic Valves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Cryogenic Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Cryogenic Valves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Cryogenic Valves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Cryogenic Valves Market Size & Forecast, 2018-2028
4.5.1 Industrial Cryogenic Valves Market Size and Y-o-Y Growth
4.5.2 Industrial Cryogenic Valves Market Absolute $ Opportunity
Chapter 5 Global Industrial Cryogenic Valves Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Cryogenic Valves Market Size Forecast by Type
5.2.1 Ball Valves
5.2.2 Gate Valves
5.2.3 Butterfly Valves
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Cryogenic Valves Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Cryogenic Valves Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Power Generation
6.2.3 Water Treatment
6.2.4 Construction
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Cryogenic Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Cryogenic Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Cryogenic Valves Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Cryogenic Valves Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Cryogenic Valves Market Size Forecast by Type
9.6.1 Ball Valves
9.6.2 Gate Valves
9.6.3 Butterfly Valves
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Cryogenic Valves Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Power Generation
9.10.3 Water Treatment
9.10.4 Construction
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Cryogenic Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Cryogenic Valves Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Cryogenic Valves Market Size Forecast by Type
10.6.1 Ball Valves
10.6.2 Gate Valves
10.6.3 Butterfly Valves
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Cryogenic Valves Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Power Generation
10.10.3 Water Treatment
10.10.4 Construction
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Cryogenic Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Cryogenic Valves Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Cryogenic Valves Market Size Forecast by Type
11.6.1 Ball Valves
11.6.2 Gate Valves
11.6.3 Butterfly Valves
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Cryogenic Valves Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Power Generation
11.10.3 Water Treatment
11.10.4 Construction
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Cryogenic Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Cryogenic Valves Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Cryogenic Valves Market Size Forecast by Type
12.6.1 Ball Valves
12.6.2 Gate Valves
12.6.3 Butterfly Valves
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Cryogenic Valves Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Power Generation
12.10.3 Water Treatment
12.10.4 Construction
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Cryogenic Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Cryogenic Valves Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Cryogenic Valves Market Size Forecast by Type
13.6.1 Ball Valves
13.6.2 Gate Valves
13.6.3 Butterfly Valves
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Cryogenic Valves Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Power Generation
13.10.3 Water Treatment
13.10.4 Construction
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Cryogenic Valves Market: Competitive Dashboard
14.2 Global Industrial Cryogenic Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Flowserve
14.3.3 Cameron
14.3.4 Kitz
14.3.5 KSB
14.3.6 Johnson Controls
14.3.7 AVK
14.3.8 ADAMS
14.3.9 Crane
14.3.10 IMI
14.3.11 Parker Hannifin
14.3.12 Tomoe
14.3.13 Bray
14.3.14 Watts Water Technologies
14.3.15 Circor
14.3.16 Zwick
14.3.17 Maezawa Industries
14.3.18 Diefei
14.3.19 Kirloskar
14.3.20 ARI
