The global LNG cryogenic valve market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for LNG as an alternative fuel in various industries such as chemical, food and beverage, and pharmaceuticals. The increasing demand for LNG in these industries is due to its low emission levels and high energy efficiency.
The carbon steel segment accounted for the largest share of the global LNG cryogenic valve market in 2018 owing to its cost-effective nature and easy availability. However, stainless steel valves are expected to witness significant growth during the forecast period owing to their corrosion resistance properties which make them suitable for use in harsh environments such as offshore oil rigs or chemical plants where there is a risk of corrosion from chemicals or other substances that may come into contact with them.
Some Of The Growth Factors Of This Market:
- Increasing demand for LNG in the global market.
- Increasing demand for LNG as a fuel in the transportation sector.
- Growing need to reduce greenhouse gas emissions from power generation and other sectors.
- Rising awareness about the benefits of natural gas over coal and oil.
- Growing number of countries adopting natural gas as a fuel.
Industry Growth Insights published a new data on “LNG Cryogenic Valve Market”. The research report is titled “LNG Cryogenic Valve Market research by Types (Carbon Steel, Stainless Steel, Others), By Applications (Energy, Chemical, Food & Beverage, Pharmaceutical, Others), By Players/Companies Emerson, Flowserve, Schlumberger(Cameron), Kitz, Velan, KSB, Herose, Parker Bestobell, Samson, Powell Valves, L&T Valves, Bray, Zhejiang Petrochemical Valve, Bac Valves, Habonim Industrial Valves & Actuators, Valco Group, Meca-Inox”.
Scope Of The Report
Report Attributes
Report Details
Report Title
LNG Cryogenic Valve Market Research Report
By Type
Carbon Steel, Stainless Steel, Others
By Application
Energy, Chemical, Food & Beverage, Pharmaceutical, Others
By Companies
Emerson, Flowserve, Schlumberger(Cameron), Kitz, Velan, KSB, Herose, Parker Bestobell, Samson, Powell Valves, L&T Valves, Bray, Zhejiang Petrochemical Valve, Bac Valves, Habonim Industrial Valves & Actuators, Valco Group, Meca-Inox
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global LNG Cryogenic Valve Market Report Segments:
The global LNG Cryogenic Valve market is segmented on the basis of:
Types
Carbon Steel, Stainless Steel, 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
Energy, Chemical, Food & Beverage, Pharmaceutical, Others
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
- Schlumberger(Cameron)
- Kitz
- Velan
- KSB
- Herose
- Parker Bestobell
- Samson
- Powell Valves
- L&T Valves
- Bray
- Zhejiang Petrochemical Valve
- Bac Valves
- Habonim Industrial Valves & Actuators
- Valco Group
- Meca-Inox
Highlights of The LNG Cryogenic Valve 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:
- Carbon Steel
- Stainless Steel
- Others
- By Application:
- Energy
- Chemical
- Food & Beverage
- Pharmaceutical
- Others
- 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 LNG Cryogenic Valve 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.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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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?
A cryogenic valve is a device used to control the flow of gas in cryogenic systems. It is typically made from metal and has a small hole in the center that allows liquid nitrogen to enter and exit the valve. This prevents gas from entering or exiting the system too quickly, which can cause damage or even explosions.
Some of the key players operating in the lng cryogenic valve market are Emerson, Flowserve, Schlumberger(Cameron), Kitz, Velan, KSB, Herose, Parker Bestobell, Samson, Powell Valves, L&T Valves, Bray, Zhejiang Petrochemical Valve, Bac Valves, Habonim Industrial Valves & Actuators, Valco Group, Meca-Inox.
The lng cryogenic valve market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LNG Cryogenic Valve Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LNG Cryogenic Valve Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LNG Cryogenic Valve Market - Supply Chain
4.5. Global LNG Cryogenic Valve Market Forecast
4.5.1. LNG Cryogenic Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LNG Cryogenic Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. LNG Cryogenic Valve Market Absolute $ Opportunity
5. Global LNG Cryogenic Valve Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LNG Cryogenic Valve Market Size and Volume Forecast by Type
5.3.1. Carbon Steel
5.3.2. Stainless Steel
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LNG Cryogenic Valve Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LNG Cryogenic Valve Market Size and Volume Forecast by Application
6.3.1. Energy
6.3.2. Chemical
6.3.3. Food & Beverage
6.3.4. Pharmaceutical
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LNG Cryogenic Valve Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LNG Cryogenic Valve Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LNG Cryogenic Valve Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LNG Cryogenic Valve Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LNG Cryogenic Valve Demand Share Forecast, 2019-2026
9. North America LNG Cryogenic Valve Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LNG Cryogenic Valve Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LNG Cryogenic Valve Market Size and Volume Forecast by Application
9.4.1. Energy
9.4.2. Chemical
9.4.3. Food & Beverage
9.4.4. Pharmaceutical
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LNG Cryogenic Valve Market Size and Volume Forecast by Type
9.7.1. Carbon Steel
9.7.2. Stainless Steel
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LNG Cryogenic Valve Demand Share Forecast, 2019-2026
10. Latin America LNG Cryogenic Valve Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LNG Cryogenic Valve Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LNG Cryogenic Valve Market Size and Volume Forecast by Application
10.4.1. Energy
10.4.2. Chemical
10.4.3. Food & Beverage
10.4.4. Pharmaceutical
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LNG Cryogenic Valve Market Size and Volume Forecast by Type
10.7.1. Carbon Steel
10.7.2. Stainless Steel
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LNG Cryogenic Valve Demand Share Forecast, 2019-2026
11. Europe LNG Cryogenic Valve Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LNG Cryogenic Valve Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LNG Cryogenic Valve Market Size and Volume Forecast by Application
11.4.1. Energy
11.4.2. Chemical
11.4.3. Food & Beverage
11.4.4. Pharmaceutical
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LNG Cryogenic Valve Market Size and Volume Forecast by Type
11.7.1. Carbon Steel
11.7.2. Stainless Steel
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
1.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LNG Cryogenic Valve Demand Share, 2019-2026
12. Asia Pacific LNG Cryogenic Valve Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LNG Cryogenic Valve Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LNG Cryogenic Valve Market Size and Volume Forecast by Application
12.4.1. Energy
12.4.2. Chemical
12.4.3. Food & Beverage
12.4.4. Pharmaceutical
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LNG Cryogenic Valve Market Size and Volume Forecast by Type
12.7.1. Carbon Steel
12.7.2. Stainless Steel
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LNG Cryogenic Valve Demand Share, 2019-2026
13. Middle East & Africa LNG Cryogenic Valve Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LNG Cryogenic Valve Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LNG Cryogenic Valve Market Size and Volume Forecast by Application
13.4.1. Energy
13.4.2. Chemical
13.4.3. Food & Beverage
13.4.4. Pharmaceutical
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LNG Cryogenic Valve Market Size and Volume Forecast by Type
13.7.1. Carbon Steel
13.7.2. Stainless Steel
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LNG Cryogenic Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LNG Cryogenic Valve Market: Market Share Analysis
14.2. LNG Cryogenic Valve Distributors and Customers
14.3. LNG Cryogenic Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Emerson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Flowserve
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schlumberger(Cameron)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kitz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Velan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KSB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Herose
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Parker Bestobell
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Samson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Powell Valves
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. L&T Valves
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bray
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang Petrochemical Valve
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bac Valves
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Habonim Industrial Valves & Actuators
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Valco Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Meca-Inox
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
