Cryogenic Valves Market, By Product Type (Ball Valve, Check Valve, Gate Valve, Globe Valve, and Others), By Gas (Liquefied Natural Gas, Liquid Nitrogen, Hydrogen, Oxygen, and Other Gases), By End-User Industry (Chemicals, Oil and Gas, Energy and Power, Food and Beverages, Medical, and Other End-user Industries), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Cryogenic valves are designed to be used in very cold applications. Hence these are mostly found to be useful in companies that work with Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG). They are increasingly used in various end-use industries. Cryogenic valves are kept in a natural closed position to keep cryogenic gasses or other medium secure and safely contained. Cryogenic valves are available in a variety of shapes and sizes to be able to function under different pressure ranges. Some of the commonly used cryogenic valves are Ball Valve, Check Valve, Gate Valve, and Globe Valve, among others.
Market Dynamics:
Increase in oil and gas exploration activities around the world, increase demand for cryogenic valves from various end-use industries, increase in energy demand, increasing consumption of industrial/natural gases, and favorable government initiatives are some major factors expected to aid in the growth of the global cryogenic valves market.
The Government of India has adopted several policies to fulfil the increasing demand. It has allowed 100% Foreign Direct Investment (FDI) in many segments of the sector, including natural gas, petroleum products and refineries, among others.
In May 2022, Oil and Natural Gas Corporation (ONGC) planned to invest US$ 4 billion from FY22-25 to increase its exploration efforts in India. In November 2021, ONGC announced that it invested up to Rs. 6,000 crore (US$ 800 million) in its petrochemicals arm (ONGC Petro Additions Ltd.) to meet its equity requirements.
Key features of the study:
Table of Contents: 1. Research Objectives and Assumptions o Research Objectives o Assumptions o Abbreviations 2. Market Purview o Report Description Market Definition and Scope o Executive Summary Market Snapshot, By Product Type Market Snapshot, By Gas Market Snapshot, By End User Market Snapshot, By Geography o Coherent Opportunity Map (COM) 3. Market Dynamics, Regulations, and Trends Analysis o Market Dynamics Increase in oil and gas exploration worldwide Safety concerns regarding the operation of liquefied gases Increasing demand for cryogenic valves o Impact Analysis o Key Highlights o Regulatory Scenario o Product launch/Approvals o PEST Analysis o PORTER’s Analysis o Merger and Acquisition Scenario 4. Global Cryogenic Valves Market– Impact of Coronavirus (COVID-19) Pandemic o COVID-19 Epidemiology o Supply Side and Demand Side Analysis o Economic Impact 5. Global Cryogenic Valves Market, By Product Type, 2017-2028, (US$ Mn) o Introduction Market Share Analysis, 2022 and 2028 (%) Y-o-Y Growth Analysis, 2017 – 2028 Segment Trends o Ball Valve Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Check Valve Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Gate Valve Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Globe Valve Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Others Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) 6. Global Cryogenic Valves Market, By Gas, 2017-2028, (US$ Mn) o Introduction Market Share Analysis, 2022 and 2028 (%) Y-o-Y Growth Analysis, 2017 – 2028 Segment Trends o Liquefied Natural Gas Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Liquid Nitrogen Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Hydrogen Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Oxygen Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Other Gases Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) 7. Global Cryogenic Valves Market, By End User, 2017-2028, (US$ Mn) o Introduction Market Share Analysis, 2022 and 2028 (%) Y-o-Y Growth Analysis, 2017 – 2028 Segment Trends o Chemicals Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Oil and Gas Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Energy and Power Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Food and Beverages Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Medical Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) o Other End-user Industries Introduction Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn) 8. Global Cryogenic Valves Market, By Geography, 2017-2028, (US$ Mn) o Introduction Market Share Analysis, 2022 and 2028 (%) Y-o-Y Growth Analysis, 2017 – 2028 Segment Trends o North America Introduction Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn) Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn) o Europe Introduction Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn) Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn) o Asia Pacific Introduction Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn) Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn) o Latin America Introduction Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn) Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn) o Middle East and Africa Introduction Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn) Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn) o Rest of World Introduction Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn) Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn) 9. Competitive Landscape o Velan Inc. Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Samson AG Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Parker Hannifin Corp. Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Meca-Inox Company Highlights Product Portfolio Key Developments Financial Performance Strategies o L&T Valves Limited Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Herose GmbH Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Flowserve Corporation Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Emerson Electric Co. Company Highlights Product Portfolio Key Developments Financial Performance Strategies o ECI LLC Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Cryofab Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Bray International Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Baker Hughes (General Electric) Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Bac Valves Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Powell Valves Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Habonim Industrial Valves & Actuators Ltd. Company Highlights Product Portfolio Key Developments Financial Performance Strategies o Analyst Views 10. Section o Research Methodology o About us *Browse 24 market data tables and 28 figures on "Global Cryogenic Valves Market” - Global forecast to 2028
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