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Cryogenic Valve Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034

Publisher Global Market Insights
Published Sep 12, 2025
Length 284 Pages
SKU # GMI20513079

Description

The Global Cryogenic Valve Market was valued at USD 104.6 billion in 2024 and is estimated to grow at a CAGR of 4.2% to reach USD 158.2 billion by 2034.

Market growth is driven by expanding LNG infrastructure, rising demand for industrial gases, advancements in cryogenic processing, and increasing adoption in food, chemical, and healthcare sectors. The market is also benefiting from stricter environmental regulations, the rise of clean energy initiatives, and wider use of cryogenic systems in storage, transportation, and processing applications. Manufacturers are investing in advanced sealing technologies, automation compatibility, and low-leakage designs to support operational efficiency and safety in ultra-low temperature environments.

By Valve Type, ball valves held the largest market share in 2024, generating approximately USD 191.8 million. Their dominance stems from superior sealing capability, compact construction, and rapid shut-off performance required in liquid nitrogen applications, LNG handling, carbonation processes, and cryogenic grinding. Their hygienic, easy-to-clean build makes them ideal for sanitary operations in food, beverage, and pharmaceutical environments. Their compatibility with automated systems and durable stainless-steel configurations further strengthens adoption across industrial gas, healthcare, and energy sectors. Control valves followed as the next major contributor due to their critical role in regulating temperature, pressure, and flow during cryogenic operations.

By End-use Industry, the LNG segment led the market in 2024 with a value of around USD 599.3 million, supported by extensive LNG liquefaction, regasification, bunkering, and transportation networks. The growing shift toward cleaner fuels, the development of midstream storage terminals, and increased deployment of cryogenic tankers and pipelines have fueled demand. Upstream, midstream, and downstream LNG operations rely on high-performance isolation, check, control, and safety valves to handle extreme pressure and low-temperature conditions. Industrial gas and food & beverage sectors also accounted for substantial shares due to rising use of nitrogen, oxygen, and CO₂ in processing, freezing, and packaging systems.

Asia Pacific Cryogenic Valve Market generated USD 191.2 million in 2024, backed by the rapid expansion of LNG import terminals, chemical manufacturing, electronics production, and industrial gas distribution. Countries like China, India, Japan, and South Korea are investing heavily in cryogenic storage, energy transition projects, and semiconductor fabrication facilities. The food processing and healthcare sectors further contribute to demand for compact, efficient, and leak-proof valves that maintain safety and product integrity. Government support for clean fuel infrastructure and industrial automation is accelerating the deployment of high-performance cryogenic valve systems across the region.

Companies in the Cryogenic Valve Market are reinforcing their positions through a mix of product innovation, partnerships, and geographic expansion. Many are developing valves with enhanced sealing mechanisms, digital monitoring features, and materials engineered to withstand thermal shock and pressure fluctuations. Strategic collaborations with LNG operators, gas distributors, and processing industries help secure long-term contracts and ensure steady demand. Firms are also investing in localized manufacturing and technical service centers to reduce lead times and improve after-sales support. Mergers and acquisitions are being used to broaden product portfolios and access new regional markets. Additionally, manufacturers focus on compliance with international safety standards and automation compatibility to align with smart plant upgrades and evolving regulatory expectations.

Table of Contents

284 Pages
Chapter 1 Methodology
1.1 Industry coverage for LNG application
1.2 Industry coverage for Industry Gas application
1.3 Industry coverage for Food and Beverages application
1.4 Market scope and definitions for LNG application
1.5 Market scope and definitions for Industrial Gas application
1.6 Market scope and definitions for Food and Beverages application
1.7 Research design
1.8 Market size estimates and calculations
1.8.1 Approach 1: Company revenue share analysis
1.8.2 Approach 2: Data mining approach (investor presentations)
1.8.3 Approach 3: Parent market analysis
1.9 Key trends for market estimates
1.10 Forecast approach
1.11 Primary research & validation
1.11.1 Primary sources
1.11.2 Data mining sources
1.11.2.1 Paid sources 36
1.11.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis
2.1.1 Valve type trends
2.1.1.1 LNG 38
2.1.1.2 Industrial Gas
2.1.1.3 Food & Beverages
2.1.2 Application trends
2.1.3 Valve size trends
2.1.4 Gas type trends
2.1.5 End-use industry trends
2.1.6 Regional trends
2.1.6.1 LNG regional trends
2.1.6.1 Industrial gas regional trends
2.2 CXO perspectives: Strategic imperatives
2.2.1 Key decision points for industry executives
2.2.2 Critical success factors for market players
2.3 Future Outlook and Strategic Recommendations
2.4 New product development opportunities
2.4.1 Technology gap analysis
2.4.2 Innovation opportunities assessment
2.4.2.1 Smart valve integration
2.4.2.2 Advanced materials and coatings
2.4.2.3 Hydrogen-compatible solutions
2.4.3 product development roadmap
2.4.4 R&D investment priorities
2.4.5 Time-to-market analysis
2.5 M&A strategy and target identification
2.5.1 M&A market landscape
2.5.2 Strategic acquisition criteria
2.5.3 Target company analysis
2.5.3.1 Technology acquisition targets
2.5.3.2 Geographic expansion targets
2.5.3.3 Vertical integration opportunities
2.5.4 Valuation benchmarks and deal structures
2.5.5 Integration strategy framework
2.6 Strategic entry and growth planning framework
2.6.1 Market entry strategy development
2.6.1.1 Geographic prioritization matrix
2.6.1.2 Application segment entry strategies
2.6.1.3 Go-to-market strategy options
2.6.2 Growth planning and expansion roadmap
2.6.2.1 Organic growth opportunities
2.6.2.2 Inorganic growth strategy
2.6.2.3 Partnership and alliance strategies
2.6.3 Competitive positioning strategy
2.6.3.1 Differentiation opportunities
2.6.3.2 Value proposition development
2.6.3.3 Pricing strategy framework
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Supplier landscape
3.1.2 Profit Margin
3.1.3 Value addition at each stage
3.1.4 Factor affecting the value chain
3.2 Industry Impact Forces
3.2.1 Growth drivers
3.2.1.1 Increasing demand for liquefied natural gas (LNG)
3.2.1.2 Rising investments in the development of cryogenic infrastructure
3.2.1.3 Expansion of the industrial gas sector
3.2.1.4 Technological advancements in cryogenic valve designs
3.2.2 Industry pitfall
3.2.2.1 High initial costs associated with cryogenic valve
3.2.2.2 Complexities in maintenance and operational requirements due to extreme temperature conditions
3.2.2.3 Fluctuations in raw material prices impacting production costs
3.2.2.4 Stringent regulatory standards and certifications
3.2.3 Opportunities
3.2.3.1 Expansion in LNG infrastructure and transportation
3.2.3.2 Growth in cryogenic applications in healthcare and biotechnology
3.3 Growth potential analysis
3.3.1 By valve type
3.3.2 Emerging business models
3.3.2.1 Product Innovation
3.3.2.2 Geographic expansion
3.4 Future market trends
3.4.1 Technology and innovation landscape
3.4.2 Current technological trends
3.4.3 Emerging technologies
3.5 Price Trends (Region-wise)
3.6 Regulatory landscape
3.6.1 Standards and compliance requirements
3.6.2 Regional regulatory frameworks
3.6.2.1 North America
3.6.2.1.1 U.S.
3.6.2.2 Europe 106
3.6.2.2.1 European Union
3.6.2.3 Asia Pacific 106
3.6.2.3.1 Japan
3.6.2.3.2 India
3.6.2.3.3 China
3.6.2.4 Latin America
3.6.2.4.1 Mexico
3.6.2.4.2 Brazil & Argentina
3.6.2.5 Middle East and Africa
3.6.2.5.1 United Arab Emirates
3.6.2.5.2 South Africa
3.6.2.5.3 Saudi Arabia
3.6.3 Certification Standards
3.7 Trade statistics (HS code: 848130)
3.7.1 Major importing countries
3.7.2 Major exporting countries
3.8 Porter's analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis (LNG application)
4.2.1 Company market share analysis (LNG application)
4.2.1.1 Company market share analysis, by North America
4.2.1.2 Company market share analysis, by Europe
4.2.1.3 Company market share analysis, Asia Pacific
4.2.1.4 Company market share analysis, Latin America
4.2.1.5 Company market share analysis, MEA
4.2.2 Company market share analysis (Industrial Gas application)
4.2.2.1 Company market share analysis, by North America
4.2.2.2 Company market share analysis, by Europe
4.2.2.3 Company market share analysis, Asia Pacific
4.2.2.4 Company market share analysis, Latin America
4.2.2.5 Company market share analysis, MEA
4.2.3 Company market share analysis (Food and Beverages application)
4.2.3.1 Company market share analysis, by North America
4.2.3.2 Company market share analysis, by Europe
4.2.3.3 Company market share analysis, Asia Pacific
4.2.3.4 Company market share analysis, Latin America
4.2.3.5 Company market share analysis, MEA
4.3 Company matrix analysis
4.4 Competitive analysis of major market players
4.4.1 Emerson Electric
4.4.2 Flowserve Corporation
4.4.3 KITZ Corporation
4.4.4 Velan
4.5 Competitive positioning matrix
4.6 Key developments
4.6.1 Mergers & acquisitions
4.6.2 Partnerships & collaborations
4.6.3 New product launches
4.6.4 Expansion plans
Chapter 5 Cryogenic Valve Market, By Valve Type
5.1 LNG 130
5.2 Industrial Gas
5.3 Food and Beverage
Chapter 6 Cryogenic Valve Market, By Application
6.1 LNG 136
6.2 Industrial Gas
6.3 Food and Beverages
Chapter 7 Cryogenic Valve Market, By Valve Size
7.1 LNG 138
7.2 Industrial Gas
7.3 Food and Beverages
Chapter 8 Cryogenic Valve Market, By Gas Type
8.1 Industrial Gas
Chapter 9 Cryogenic Valve Market, By End-Use Industry
9.1 LNG 141
9.2 Industrial Gas
9.3 Food and Beverages
Chapter 10 Cryogenic Valve Market, By Region
10.1 North America
10.1.1 LNG
10.1.1.1 Industrial Gas
10.1.1.2 Food & Beverages
10.1.2 LNG
10.1.3 Industrial Gas
10.1.4 Food & Beverages
10.2 Europe
10.2.1 LNG
10.2.1.1 Industrial Gas
10.2.1.2 Food & Beverages
10.2.2 LNG
10.2.3 Industrial Gas
10.2.4 Food & Beverages
10.3 Asia Pacific
10.3.1 LNG
10.3.1.1 Industrial Gas
10.3.1.2 Food & Beverages
10.3.2 LNG
10.3.3 Industrial Gas
10.3.4 Food & Beverages
Chapter 11 Company Profiles
11.1 Aalberts
11.1.1 Financial data
11.1.1.1 Sales revenue, 2021-2024 (USD Million)
11.1.2 Product landscape
11.1.3 Strategic outlook
11.1.4 SWOT analysis
11.2 AVK Group
11.2.1 Financial data
11.2.2 Product landscape
11.2.3 Strategic outlook
11.2.4 SWOT analysis
11.3 Bray International
11.3.1 Financial data
11.3.2 Product landscape
11.3.3 Strategic outlook
11.3.4 SWOT analysis
11.4 Burkert
11.4.1 Financial data
11.4.2 Product landscape
11.4.3 Strategic outlook
11.4.4 SWOT analysis
11.5 DomBor
11.5.1 Financial data
11.5.2 Product landscape
11.5.3 Strategic outlook
11.5.4 SWOT analysis
11.6 Emerson Electric
11.6.1 Financial data
11.6.1.1 Sales revenue, 2021-2024 (USD Million)
11.6.2 Product landscape
11.6.3 Strategic outlook
11.6.4 SWOT analysis
11.7 Flowserve
11.7.1 Financial data
11.7.1.1 Sales revenue, 2021-2024 (USD Million)
11.7.3 Product landscape
11.7.4 Strategic outlook
11.7.5 SWOT analysis
11.8 KITZ255
11.8.1 Financial data
11.8.1.1 Sales revenue, 2021-2024 (USD Million)
11.8.2 Product landscape
11.8.3 Strategic outlook
11.8.4 SWOT analysis
11.9 Ladish Valves
11.9.1 Financial data
11.9.2 Product landscape
11.9.3 Strategic outlook
11.9.4 SWOT analysis
11.10 Parker Hannifin
11.10.1 Financial data
11.10.1.1 Sales revenue, 2021-2024 (USD Million)
11.10.2 Product landscape
11.10.3 Strategic outlook
11.10.4 SWOT analysis
11.11 Powell Valves
11.11.1 Financial data
11.11.2 Product landscape
11.11.3 Strategic outlook
11.11.4 SWOT analysis
11.12 Richards Industrials
11.12.1 Financial data
11.12.2 Product landscape
11.12.3 Strategic outlook
11.12.4 SWOT analysis
11.13 Sesto Valves
11.13.1 Financial data
11.13.2 Product landscape
11.13.3 Strategic outlook
11.13.4 SWOT analysis
11.14 Velan
11.14.1 Financial data
11.14.1.1 Sales revenue, 2021-2024 (USD Million)
11.14.2 Product landscape
11.14.3 Strategic outlook
11.14.4 SWOT analysis
11.15 Williams Valve
11.15.1 Financial data
11.15.2 Product landscape
11.15.3 Strategic outlook
11.15.4 SWOT analysis

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