GET CRYOGENIC VALVE INFORMATION

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 Valve Market – Snapshot

The cryogenic Valve Market is likely to witness a healthy CAGR of 4.8% during the forecast period. Increasing trade of LNG has led to the high demand for storage and transportation of cryogenic gases, which in turn is driving the demand for cryogenic valves. Further, the high demand for industrial gases is acting as a catalyst for the growth of cryogenic valves.

Growth	4.8% for the next five years
Major End-User Type	Energy & power
Major Type	Ball valve
Dominant  Application Type	Transfer lines
Region with the highest demand	Asia-Pacific
Key Players	Cryocomp, The Emerson Electric Company, The Flowserve Corporation, Larsen & Toubro Limited, Powell Valves, Schlumberger Limited, Weir Group.

Cryogenic Valve Market Share: By Application

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

Cryogenic Valve Market Share: By Type

• Globe Valve
• Gate Valve
• Check Valve
• Ball Valve
• Others

Cryogenic Valve Market Share: By Gas

• LNG
• Oxygen
• Nitrogen
• Others

Cryogenic Valve Market Share: By End-User

• Energy & Power
• Chemicals
• Food & Beverage
• Healthcare
• Others

Cryogenic Valve Market Share: By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America