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極低温バルブ市場レポート：製品、ガス、最終用途産業、地域別、2024年～2032年

Cryogenic Valves Market Report by Product, Gas, End Use Industry, and Region 2024-2032

出版日
発行
IMARC
ページ情報
英文 144 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=146.99円
極低温バルブ市場レポート：製品、ガス、最終用途産業、地域別、2024年～2032年
出版日: 2024年09月10日
発行: IMARC
ページ情報: 英文 144 Pages
納期: 2～3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の極低温バルブ市場の市場規模は2023年に20億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに29億米ドルに達し、2024年から2032年の間に3.7％の成長率（CAGR）を示すと予測しています。LNGインフラの拡大、工業および化学処理産業の著しい成長、継続的な技術の進歩、エネルギー効率への注目の高まりが、主に市場の成長を後押ししています。

極低温バルブ市場分析：

  • 主な市場促進要因：石油・ガス産業における極低温バルブの利用が大幅に増加していることは、市場の成長を強化する重要な要因の一つです。さらに、多くの政府が資金援助やインセンティブを通じて水素プロジェクトを支援しており、市場の成長をさらに後押ししています。
  • 主な市場動向：極低温ガスはヘルスケア産業における凍結手術に広く利用されており、世界中の極低温バルブの販売にプラスの影響を与えています。さらに、世界中のロックコンサートや劇場の舞台で数多くの製品用途があり、急成長しているF&Bセクターと相まって、業界の需要をエスカレートさせると予想されています。
  • 競合情勢：著名な極低温バルブ市場企業には、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、Velan Inc.などがあります。
  • 地理的動向：極低温バルブ市場のダイナミクスによると、北米地域の成長は石油・ガス産業、特に天然ガスとLNGの抽出と処理に牽引されています。また、欧州市場は化学・石油化学産業とLNGインフラの拡大が牽引しています。
  • 課題と機会：極低温バルブに関連する高コストと厳しい安全・規制基準が市場の成長を妨げています。しかし、液化天然ガス（LNG）市場の拡大は、LNG貯蔵、輸送、処理用の極低温バルブの大きな需要を生み出しています。

極低温バルブ市場動向：

LNG需要の高まり

よりクリーンなエネルギーソリューションとして液化天然ガス（LNG）の世界の需要の高まりは、極低温バルブの必要性を大幅に押し上げています。例えば、Shell Globalが発表した記事によると、液化天然ガス（LNG）の世界需要は2040年までに50％以上増加すると予想されています。LNGの世界貿易量は、2022年の3億9,700万トンから2023年には4億400万トンに達します。これらのバルブは、極低温に対応できるため、LNGの生産、貯蔵、輸送の各プロセスで不可欠なものです。これらの要因により、極低温バルブ市場は今後数年間推進されると予想されます。

石油・ガス産業の拡大

石油・ガス産業の拡大が極低温バルブ市場の成長を大きく牽引しています。天然ガスやその他の極低温流体を輸送・貯蔵するための新しいパイプラインや貯蔵タンクの建設には、特殊なバルブの使用が必要です。例えば、2023年12月には、世界中で約228,700キロメートルのガス・トランスミッション・パイプが開発中で、総工費は7,230億米ドルに上ります。極低温バルブは、これらの流体に関連する極低温と高圧を扱うために使用されます。これらの要因は、極低温バルブ市場予測にさらにプラスの影響を与えます。

技術の進歩

高度なガスケットやシーラントなどのシール技術の革新は、漏れを低減し低温環境での性能を向上させることで、極低温バルブの信頼性を高める。例えば、2023年11月、フローサーブはWorcester Cryogenicボールバルブを発売し、フュギティブ・エミッションの管理を支援しました。これらのバルブは3ピース（CF44シリーズ）およびフランジ付き（CF51/CF52シリーズ）設計で提供され、高強度ステムと改良されたライブロードステムシールを搭載しており、優れたフュージティブエミッション管理を実現し、極低温バルブ市場の収益を押し上げます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の極低温バルブ市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：製品別

  • ボールバルブ
    • 市場動向
    • 市場予測
  • チェックバルブ
    • 市場動向
    • 市場予測
  • ゲートバルブ
    • 市場動向
    • 市場予測
  • グローブバルブ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：ガス別

  • 液体窒素
    • 市場動向
    • 市場予測
  • 液体ヘリウム
    • 市場動向
    • 市場予測
  • 水素
    • 市場動向
    • 市場予測
  • 酸素
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳：最終用途産業別

  • 化学薬品
    • 市場動向
    • 市場予測
  • 石油・ガス
    • 市場動向
    • 市場予測
  • エネルギーと電力
    • 市場動向
    • 市場予測
  • 飲食品
    • 市場動向
    • 市場予測
  • 医療
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • 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
    • Velan Inc.
図表

List of Figures

  • Figure 1: Global: Cryogenic Valves Market: Major Drivers and Challenges
  • Figure 2: Global: Cryogenic Valves Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Cryogenic Valves Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Cryogenic Valves Market: Breakup by Product (in %), 2023
  • Figure 5: Global: Cryogenic Valves Market: Breakup by Gas (in %), 2023
  • Figure 6: Global: Cryogenic Valves Market: Breakup by End Use Industry (in %), 2023
  • Figure 7: Global: Cryogenic Valves Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Cryogenic Valves (Ball Valves) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Cryogenic Valves (Ball Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Cryogenic Valves (Check Valves) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Cryogenic Valves (Check Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Cryogenic Valves (Gate Valves) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Cryogenic Valves (Gate Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Cryogenic Valves (Globe Valves) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Cryogenic Valves (Globe Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Cryogenic Valves (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Cryogenic Valves (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Cryogenic Valves (Liquid Nitrogen) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Cryogenic Valves (Liquid Nitrogen) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Cryogenic Valves (Liquid Helium) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Cryogenic Valves (Liquid Helium) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Cryogenic Valves (Hydrogen) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Cryogenic Valves (Hydrogen) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Cryogenic Valves (Oxygen) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Cryogenic Valves (Oxygen) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Cryogenic Valves (Other Gases) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Cryogenic Valves (Other Gases) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Cryogenic Valves (Chemical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Cryogenic Valves (Chemical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Cryogenic Valves (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Cryogenic Valves (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Cryogenic Valves (Energy and Power) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Cryogenic Valves (Energy and Power) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Global: Cryogenic Valves (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Global: Cryogenic Valves (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Global: Cryogenic Valves (Medical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Global: Cryogenic Valves (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Global: Cryogenic Valves (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Global: Cryogenic Valves (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: North America: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: North America: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: United States: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: United States: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Canada: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Canada: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Asia-Pacific: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Asia-Pacific: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: China: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: China: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Japan: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Japan: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: India: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: India: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: South Korea: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: South Korea: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Australia: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Australia: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Indonesia: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Indonesia: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Others: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Others: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Europe: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Europe: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Germany: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Germany: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: France: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: France: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: United Kingdom: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: United Kingdom: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Italy: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Italy: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Spain: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Spain: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Russia: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Russia: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Others: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Others: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: Latin America: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 79: Latin America: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: Brazil: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 81: Brazil: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Mexico: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 83: Mexico: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 84: Others: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 85: Others: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 86: Middle East and Africa: Cryogenic Valves Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 87: Middle East and Africa: Cryogenic Valves Market: Breakup by Country (in %), 2023
  • Figure 88: Middle East and Africa: Cryogenic Valves Market Forecast: Sales Value (in Million US$), 2024-2032
  • 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, 2023 and 2032
  • Table 2: Global: Cryogenic Valves Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 3: Global: Cryogenic Valves Market Forecast: Breakup by Gas (in Million US$), 2024-2032
  • Table 4: Global: Cryogenic Valves Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
  • Table 5: Global: Cryogenic Valves Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Cryogenic Valves Market: Competitive Structure
  • Table 7: Global: Cryogenic Valves Market: Key Players
目次
Product Code: SR112024A4740

The global cryogenic valves market size reached US$ 2.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032. Expansion of LNG infrastructure, significant growth in industrial and chemical processing industry, ongoing technological advancements, and increased focus on energy efficiency are primarily driving the market's growth.

Cryogenic Valves Market Analysis:

  • Major Market Drivers: 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. Moreover, many governments are supporting hydrogen projects through funding and incentives, further boosting the market growth.
  • Key Market Trends: Cryogenic gases are extensively utilized for cryosurgery in the healthcare industry, which is positively influencing the sales of cryogenic valves around the world. Moreover, numerous product applications in rock concerts and theater stages worldwide coupled with the burgeoning F&B sector are anticipated to escalate the industry's demand.
  • Competitive Landscape: Some of the prominent cryogenic valves market companies include 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., among many others.
  • Geographical Trends: According to the cryogenic valves market dynamics, the growth of the North American region is driven by the oil and gas industry, particularly in the extraction and processing of natural gas and LNG. Moreover, the European market is driven by the chemical and petrochemical industries, as well as the expanding LNG infrastructure.
  • Challenges and Opportunities: High costs associated with cryogenic valves, and stringent safety and regulatory standards are hampering the market's growth. However, the expansion of the liquefied natural gas (LNG) market creates significant demand for cryogenic valves for LNG storage, transportation, and processing.

Cryogenic Valves Market Trends:

Rising Demand for LNG

The growing global demand for liquefied natural gas (LNG) for cleaner energy solutions has significantly boosted the need for cryogenic valves. For instance, according to an article published by Shell Global, the global demand for liquefied natural gas (LNG) is expected to increase by more than 50% by 2040. The global trade in LNG reached 404 million tonnes in 2023, up from 397 million tonnes in 2022. These valves are essential in the LNG production, storage, and transportation processes due to their ability to handle extremely low temperatures. These factors are expected to propel the cryogenic valve market in the coming years.

Expansion of the Oil and Gas Sector

The expansion of the oil and gas industry is significantly driving the growth in the cryogenic valves market. The construction of new pipelines and storage tanks for transporting and storing natural gas and other cryogenic fluids necessitates the use of specialized valves. For instance, in December 2023, there were nearly 228,700 kilometers of gas transmission pipes in development around the world, with a total cost of US$ 723 billion. Cryogenic valves are used to handle the extremely low temperatures and high pressures associated with these fluids. These factors further positively influence the cryogenic valves market forecast.

Technological Advancements

Innovations in sealing technologies, such as advanced gaskets and sealants, enhance the reliability of cryogenic valves by reducing leakage and ensuring better performance in low-temperature environments. For instance, in November 2023, Flowserve launched Worcester Cryogenic ball valves to assist in managing fugitive emissions. These valves, available in three-piece (CF44 series) and flanged (CF51/CF52 series) designs, include a high-strength stem and an improved live-loaded stem seal for superior fugitive emissions control, thereby boosting the cryogenic valves market revenue.

Global Cryogenic Valves Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global cryogenic valves market report, along with forecasts at the global, regional, and country levels from 2024-2032. 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

The report has provided a detailed breakup and analysis of the cryogenic valves market based on the product. This includes ball valves, check valves, gate valves, globe valves, and others.

According to the cryogenic valves market outlook, ball valves use a spherical disc (the ball) with a hole through the middle. When the valve is open, the hole aligns with the flow path, allowing fluids to pass through. They offer quick quarter-turn operation, reliable sealing, and low-pressure drop. Ball valves are ideal for applications requiring fast shutoff and precise control. Moreover, check valves allow flow in one direction only, using a disc or ball that moves to block reverse flow. They prevent backflow and protect equipment from damage caused by reverse flow. They are crucial for maintaining system integrity and preventing potential contamination. Besides this, gate valves use a gate-like mechanism that slides up or down to open or close the flow path. They provide a straight-through flow path when open, minimizing turbulence.

Breakup by Gas:

  • Liquid Nitrogen
  • Liquid Helium
  • Hydrogen
  • Oxygen
  • Others

The report has provided a detailed breakup and analysis of the cryogenic valves market based on the gas. This includes liquid nitrogen, liquid helium, hydrogen, oxygen, and others.

According to the cryogenic valves market overview, liquid nitrogen is widely used in industrial processes, medical applications (such as cryopreservation and cryosurgery), and in research and laboratory environments. The demand for cryogenic valves in these applications is relatively high due to the extensive use of LN2. Moreover, liquid helium is crucial for applications requiring extremely low temperatures, such as in superconducting magnets (used in MRI machines and particle accelerators) and in scientific research. Its high demand in specialized fields makes cryogenic valves for liquid helium highly critical. Besides this, liquid hydrogen is used as a fuel in aerospace applications and in hydrogen fuel cells for energy. The growth of hydrogen-based technologies and increasing focus on clean energy contribute to the rising demand for cryogenic valves in these systems.

Breakup by End Use Industry:

  • Chemical
  • Oil and Gas
  • Energy and Power
  • Food and Beverages
  • Medical
  • Others

A detailed breakup and analysis of the cryogenic valves market based on the end use industry has also been provided in the report. This includes chemical, oil and gas, energy and power, food and beverages, medical, and others.

Cryogenic valves are used for handling liquefied gases like nitrogen, oxygen, and hydrogen, which are essential in various chemical processes. Moreover, in oil and gas, cryogenic valves are vital for transporting and processing liquefied natural gas (LNG) and other cryogenic hydrocarbons. The growing global demand for LNG, as a cleaner alternative to other fossil fuels, boosts the need for cryogenic valves. Besides this, the expansion of renewable energy sources, such as hydrogen energy, necessitates the use of cryogenic valves for hydrogen storage and distribution. Energy storage solutions like liquefied air energy storage also contribute to the demand.

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

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

According to the cryogenic valves market statistics, the North American market is driven by the growing demand for LNG and advancements in cryogenic technology. The U.S. and Canada have significant investments in LNG infrastructure and industrial applications, which drive the demand for cryogenic valves. Regulatory frameworks and standards related to safety and environmental considerations also impact market growth. Moreover, the growth in Europe is driven by the growing focus on energy efficiency, and investments in LNG and hydrogen infrastructure. Europe's regulatory environment, emphasizing sustainability and reducing carbon emissions, supports market growth. Apart from this, rapid industrialization across the Asia Pacific region, particularly in the manufacturing and petrochemical sectors, drives the need for reliable cryogenic valves.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include:

  • 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
  • Velan Inc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Cryogenic Valves Market Recent Developments:

  • July 2024: Dover acquired Marshall Excelsior Company, a provider of Mission-Critical Cryogenic and Flow Control Components, for US$ 395 Million.
  • November 2023: Flowserve launched Worcester Cryogenic ball valves to assist in managing fugitive emissions. These valves, available in three-piece (CF44 series) and flanged (CF51/CF52 series) designs, include a high-strength stem and an improved live-loaded stem seal for superior fugitive emissions control.
  • February 2023: Flowserve Corp., a pioneer in the cryogenic valves market, acquired Velan Inc., a maker of highly engineered industrial valves.

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?

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
  • 9.2 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
  • 9.3 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
  • 9.4 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
  • 9.5 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