極低温バルブの世界市場予測（～2028年）：タイプ、極低温タイプ、地域別の分析

世界の極低温バルブの市場規模は、2022年に37億4,000万米ドルとなり、予測期間中に6.5％のCAGRで拡大し、2028年までに54億6,000万米ドルに達すると予測されています。

当レポートでは世界の極低温バルブ市場を調査し、市場の促進要因・抑制要因、市場機会、COVID-19の影響、セグメント別の市場分析、競合情勢、主要企業のプロファイルなど、体系的な情報を提供しています。

目次

第1章 エグゼクティブサマリー

第2章 序文

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 技術分析
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

第5章 世界の極低温バルブ市場：タイプ別

• グローブバルブ
• ゲートバルブ
• チェックバルブ
• バタフライバルブ
• ボールバルブ

第6章 世界の極低温バルブ市場：冷却剤タイプ別

• 空気
• 窒素
• 液田天然ガス（LNG）
• 水素
• ヘリウム
• アルゴン

第7章 世界の極低温バルブ市場：技術別

• 空気圧
• 手動
• 油圧
• 電気
• 自動

第8章 世界の極低温バルブ市場：用途別

• 移送ライン
• タンクおよびコールドボックス
• マニホールドおよびガストレイン
• 液化装置

第9章 世界の極低温バルブ市場：エンドユーザー別

• 自動車
• 化学・石油化学
• エネルギー・電力
• 食品・飲料
• ヘルスケア
• 海洋
• 冶金
• 石油・ガス
• 医薬品
• 発電
• 排水管理

第10章 世界の極低温バルブ市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第11章 主な動向

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 拡張
• その他の主な戦略

第12章 企業プロファイル

• Emerson Electric Co.
• Velan Inc.
• Baker Hughes
• Flowserve Corporation
• Parker Hannifin Corp
• Flowserve
• Heroes
• Emerson
• L&T
• Samson
• Cryocomp
• Habonim
• Weir Group
• Powell Valves
• Alcor Engineering Corporation
• Mack Valves

List of Tables

• Table 1 Global Cryogenic Valve Market Outlook, By Region (2020-2028) ($MN)
• Table 2 Global Cryogenic Valve Market Outlook, By Type (2020-2028) ($MN)
• Table 3 Global Cryogenic Valve Market Outlook, By Globe Valve (2020-2028) ($MN)
• Table 4 Global Cryogenic Valve Market Outlook, By Gate Valve (2020-2028) ($MN)
• Table 5 Global Cryogenic Valve Market Outlook, By Check Valve (2020-2028) ($MN)
• Table 6 Global Cryogenic Valve Market Outlook, By Butterfly Valve (2020-2028) ($MN)
• Table 7 Global Cryogenic Valve Market Outlook, By Ball Valve (2020-2028) ($MN)
• Table 8 Global Cryogenic Valve Market Outlook, By Crygen Type (2020-2028) ($MN)
• Table 9 Global Cryogenic Valve Market Outlook, By Oxygen (2020-2028) ($MN)
• Table 10 Global Cryogenic Valve Market Outlook, By Nitrogen (2020-2028) ($MN)
• Table 11 Global Cryogenic Valve Market Outlook, By Liquefield Natural Gas (LNG) (2020-2028) ($MN)
• Table 12 Global Cryogenic Valve Market Outlook, By Hydrogen (2020-2028) ($MN)
• Table 13 Global Cryogenic Valve Market Outlook, By Helium (2020-2028) ($MN)
• Table 14 Global Cryogenic Valve Market Outlook, By Argon (2020-2028) ($MN)
• Table 15 Global Cryogenic Valve Market Outlook, By Technology (2020-2028) ($MN)
• Table 16 Global Cryogenic Valve Market Outlook, By Pneumatic (2020-2028) ($MN)

Table17 Global Cryogenic Valve Market Outlook, By Manual (2020-2028) ($MN)

• Table 18 Global Cryogenic Valve Market Outlook, By Hydraulic (2020-2028) ($MN)
• Table 19 Global Cryogenic Valve Market Outlook, By Electric (2020-2028) ($MN)
• Table 20 Global Cryogenic Valve Market Outlook, By Automatic (2020-2028) ($MN)
• Table 21 Global Cryogenic Valve Market Outlook, By Application (2020-2028) ($MN)
• Table 22 Global Cryogenic Valve Market Outlook, By Transfer lines (2020-2028) ($MN)
• Table 23 Global Cryogenic Valve Market Outlook, By Tanks & Cold Boxes (2020-2028) ($MN)
• Table 24 Global Cryogenic Valve Market Outlook, By Manifolds & Gas Trains (2020-2028) ($MN)
• Table 25 Global Cryogenic Valve Market Outlook, By Liquefiers (2020-2028) ($MN)
• Table 26 Global Cryogenic Valve Market Outlook, By End User (2020-2028) ($MN)
• Table 27 Global Cryogenic Valve Market Outlook, By Automotive (2020-2028) ($MN)
• Table 28 Global Cryogenic Valve Market Outlook, By Chemical & Petrochemical (2020-2028) ($MN)
• Table 29 Global Cryogenic Valve Market Outlook, By Energy & Power (2020-2028) ($MN)
• Table 30 Global Cryogenic Valve Market Outlook, By Food & Beverages (2020-2028) ($MN)
• Table 31 Global Cryogenic Valve Market Outlook, By Healthcare (2020-2028) ($MN)
• Table 32 Global Cryogenic Valve Market Outlook, By Marine (2020-2028) ($MN)
• Table 33 Global Cryogenic Valve Market Outlook, By Metallury (2020-2028) ($MN)
• Table 34 Global Cryogenic Valve Market Outlook, By Oil and Gas (2020-2028) ($MN)
• Table 35 Global Cryogenic Valve Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
• Table 36 Global Cryogenic Valve Market Outlook, By Power Generation (2020-2028) ($MN)
• Table 37 Global Cryogenic Valve Market Outlook, By Wastewater Management (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

According to Stratistics MRC, the Global Cryogenic Valve Market is accounted for $3.74 billion in 2022 and is expected to reach $5.46 billion by 2028 growing at a CAGR of 6.5% during the forecast period. Cryogenic valves are kept in a natural closed position to keep cryogenic gasses or other medium secure and safely contained. A cryogenic valve is generally designed to react to high pressure which pushes the valve into the open position to allow the gas or other media to flow readily through.

According to the International Energy Agency (IEA), in 2019, the final consumption of electricity reached 7154.27 TWh, which is a surge from 1134.24% generated in 1990. These numbers are likely to grow in the next decade with rising number of infrastructure development plans in China, thereby pushing the market. As per the India Brand Equity Foundation (IBEF), as of April 2021, India is the second-largest consumer and third-largest producer of electricity in the world with an installed power capacity of 401.01 GW. It is likely to grow at a rapid pace in the evaluation period with rising number of government-led development projects, thereby fueling growth.

Market Dynamics:

Driver:

Increasing Use in Oil & Gas and Healthcare Sectors

On-going expansion of the oil & gas infrastructure has positively impacted oil production activities, which is also helping to boost the production of petrochemicals globally. For safe and effective storage and transportation of cryogenic gases, valves are used. Their primary functions include suitable integrity pressure protection, emergency shutdowns, and operation in -196 °C temperatures. he food & beverage industry is demanding for cryogenic valves. Competitive pricing and efficient working of these valves are making them an ideal choice in the food & beverage industry. Besides, these valves do not change the food's flavor, color, or other sensory qualities due to which they are highly preferred by the aforementioned end user. The market is also being supported by increasing utilization of unique valves in the healthcare sector for cryosurgery.

Restraint:

Stringent regulations

In addition, numerous stringent regulations pertaining to the manufacturing and maintenance of valves may have a minor but noticeable influence on the market. Adoption of valves has elevated with introduction of governmental regulations towards environment and pollution control. Furthermore, some of the regulations and acts introduced by ASEAN countries for waste and wastewater management are Government regulation number 82, 2001 for water quality management and wastewater controlling introduced in Indonesia.

Opportunity:

High growth of refining and power generation industries can provide major growth opportunities

Sustained expansion of the economy is determined by adequate utilities and infrastructure development. Power sector offers lucrative growth prospects for the global valves market. Various countries around the globe are increasingly investing in power generation. For instance, as of August 2016, the total number of power plants in the U.S. was 7,658 that has the electricity generation capacity of at least 1 megawatt (MW). Moreover, in power generation plants, ball valves, globe valves, control valves, etc. play a crucial role. Opening and closing inlets and outlets and controlling cooling circuits in power plants are major roles of valves in a power plant. There has been a significant increase in number of power stations and power generation capacities across the globe. According to Coherent Market Insights' analysis, as of 2017, the total installed capacity of power stations in India was 315,426 megawatt (MW). Moreover, The Ministry of Power of India has set a target of 1,229 Bn units of electricity to be generated in the FY 2017-2018.

Threat:

Growing competition from unorganized valves manufacturers

Given a large number of both global and local players in the market, the cost of cryogenic valves is a key factor. Local competitors are offering low-cost valves that could have a negative effect on well-known competitors' sales in the next decade. The global valves market is highly fragmented with high presence of players both large and SMEs. Local unorganized manufacturers are offering stiff competition to large companies by providing valves at a lower price than prevailing price levels. In the market. This, in turn, reduces profit margin and dilutes the market share of the organized valve manufacturers. Moreover, emerging economies in Asia Pacific such as India and China have the presence of unorganized local manufacturers. Thus, these factors are expected to hamper the market growth in the near future.

Impact of Covid- 19

The COVID-19 pandemic has affected the oil & gas industry badly, with oil prices slashing drastically. The major decline in the demand for oil and gas due to various restrictions imposed by governments worldwide in 2020 resulted in a huge gap between the supply and demand. Oil & gas is one of the key industries using valves. Water & wastewater treatment and energy & power industries are also among the key end users of valves; these industries also witnessed reduced demand due to the global pandemic. There were restrictions on foreign trades due to the lockdown of international borders, non-operational distribution channels, and various preventive measures undertaken for public health and safety. However, it is expected that there would be an increasing focus on hygiene and sanitation due to the rise in people's concern for a better and safer lifestyle, which, in turn, would drive the growth of the industrial valves market for the water & wastewater treatment industry. An increase in demand from the energy & power sector is likely to drive the industrial valves market for the energy & power end-user industry gradually from 2021 to 2026.

The ball valve segment is expected to be the largest during the forecast period

The ball valve segment is expected to be the largest during the forecast period. These valves have 90-degree rotation, which opens and closes the valve, giving them a reliable and airtight sealing. They have better flow characteristics than globe valves. Ball valves are quick and simple to operate and preferred for automation. Ball valves are less suitable, where tight shut-off is required.

The Liquefield Natural Gas (LNG) segment is expected to have the highest CAGR during the forecast period

The Liquefield Natural Gas (LNG) segment is expected to have the highest CAGR during the forecast period. It is considered as the major source of energy. LNG is also being used in power generation in the automotive sector, while many countries are adopting LNG as its fuel for various applications in other industries as well. LNG is primarily used in shipbuilding, power generation, and automotive industries.

Region with highest share:

North America is projected to hold the largest market share during the forecast period, due to rising industrial infrastructure in the country has resulted in increasing demand for the control flow products which increases the demand for market. The increasing R&D activities in the region pertaining to the use of actuators in the valves for automation and the rising demand for safety applications are among the crucial factors driving the market in North America. R&D at industry levels is broadening the application areas of industrial valves in different industries, such as energy & power and chemicals, in the US. Control valves are used in the oil & gas, energy & power, and water & wastewater treatment industries to control media flow through a system, as well as to start, stop, or throttle the flow and ensure safe and efficient process automation.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period Asia Pacific is expected to hold for the largest market share in the global cryogenic valve market in 2018. Countries such as China, India, Australia, and Japan have huge demand for LNG, electronic equipment, chemicals, and metallurgy processes to meet the growing demand from residential and industrial sectors. The market in Asia Pacific is expected to lead the global cryogenic valve market during the forecast period due to the substantial growth in end-user industries, such as chemicals, electronics, metallurgy, and food & beverage in the regio. owing to rapid industrialization and increasing demand from end-use industries. The valve industry in the Asia Pacific is anticipated to grow on account of expanding chemical, power, and petrochemical sectors. In addition, rising investments in infrastructure development are likely to propel Cryogenic Valve Market growth over the coming years. Europe accounted for a significant share of revenue share in 2017 owing to well established Cryogenic Valve manufacturing base located primarily in Germany and France along with other countries such as Russia (Krasnoyarsk), Italy (Terni), and the U.K

Key players in the market

Some of the key players profiled in the Cryogenic Valve Market include Emerson Electric Co., Velan Inc., Baker Hughes, Flowserve Corporation, Parker Hannifin Corp, Flowserve, Heroes, Emerson, L&T, Samson, Cryocomp, Habonim, Weir Group, Powell Valves, Alcor Engineering Corporation, Mack Valves.

Key Developments:

In December 2021: Valcor Engineering Corporation, a U.S.-based manufacturer of custom precision fluid, launched Cryogenic Launch Vehicle Valves, its new whitepaper. The paper highlights various challenges associated with designing complex fluid control systems for space launch vehicles (LVs) and focuses mainly on cryogenic rocket propellants.

In August 2022: L&T announced that the new green hydrogen plant is intended for an electrolyzer capacity of 800 kW, with both alkaline (380 kW) and PEM (420 kW) technologies. It will be supplied by a 990kW peak DC rooftops solar plant and a 500kWh battery energy storage system (BESS).

Types Covered:

• Globe Valve
• Gate Valve
• Check Valve
• Butterfly Valve
• Ball Valve

Crygen Types Covered:

• Oxygen
• Nitrogen
• Liquefield Natural Gas (LNG)
• Hydrogen
• Helium
• Argon

Technology's Covered:

• Pneumatic
• Manual
• Hydraulic
• Electric
• Automatic

Applications Covered:

• Transfer lines
• Tanks & Cold Boxes
• Manifolds & Gas Trains
• Liquefiers

End Users Covered:

• Automotive
• Chemical & Petrochemical
• Energy & Power
• Food & Beverages
• Healthcare
• Marine
• Metallury
• Oil and Gas
• Pharmaceuticals
• Power Generation
• Wastewater Management

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Cryogenic Valve Market, By Type

• 5.1 Introduction
• 5.2 Globe Valve
• 5.3 Gate Valve
• 5.4 Check Valve
• 5.5 Butterfly Valve
• 5.6 Ball Valve

6 Global Cryogenic Valve Market, By Crygen Type

• 6.1 Introduction
• 6.2 Oxygen
• 6.3 Nitrogen
• 6.4 Liquefield Natural Gas (LNG)
• 6.5 Hydrogen
• 6.6 Helium
• 6.7 Argon

7 Global Cryogenic Valve Market, By Technology

• 7.1 Introduction
• 7.2 Pneumatic
• 7.3 Manual
• 7.4 Hydraulic
• 7.5 Electric
• 7.6 Automatic

8 Global Cryogenic Valve Market, By Application

• 8.1 Introduction
• 8.2 Transfer lines
• 8.3 Tanks & Cold Boxes
• 8.4 Manifolds & Gas Trains
• 8.5 Liquefiers

9 Global Cryogenic Valve Market, By End User

• 9.1 Introduction
• 9.2 Automotive
• 9.3 Chemical & Petrochemical
• 9.4 Energy & Power
• 9.5 Food & Beverages
• 9.6 Healthcare
• 9.7 Marine
• 9.8 Metallury
• 9.9 Oil and Gas
• 9.10 Pharmaceuticals
• 9.11 Power Generation
• 9.12 Wastewater Management

10 Global Cryogenic Valve Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Emerson Electric Co.
• 12.2 Velan Inc.
• 12.3 Baker Hughes
• 12.4 Flowserve Corporation
• 12.5 Parker Hannifin Corp
• 12.6 Flowserve
• 12.7 Heroes
• 12.8 Emerson
• 12.9 L&T
• 12.10 Samson
• 12.11 Cryocomp
• 12.12 Habonim
• 12.13 Weir Group
• 12.14 Powell Valves
• 12.15 Alcor Engineering Corporation,
• 12.16 Mack Valves