Global Cryogenic Valves Market Size & Outlook, 2023-2030
Global cryogenic valves market, 2018-2030 (US$M)
Global cryogenic valves market highlights
- The global cryogenic valves market generated a revenue of USD 3,419.7 million in 2023 and is expected to reach USD 5,403.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, ball valve accounted for a revenue of USD 3,419.7 million in 2023.
- Ball Valve is the most lucrative product type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 3,419.7 million |
| Market revenue in 2030 | USD 5,403.9 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Ball valve |
| Fastest growing segment | Ball Valve |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ball Valve |
Other key industry trends
- In terms of revenue, the North America accounted for 19.9% of the global cryogenic valves market in 2023.
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Cryogenic Valves Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Powell Valves | View profile | 51-100 | Cincinnati, Ohio, United States, North America | http://www.powellvalves.com/ |
| Habonim | View profile | 51-100 | Rosh Pinna, HaZafon, Israel, Asia | https://www.habonim.com/ |
| Bray International | View profile | 501-1000 | Houston, Texas, United States, North America | http://www.bray.com |
| BAC Valves | View profile | - | Girona, Catalonia, Spain, Europe | http://www.bacvalves.com/en/ |
| Velan | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | https://www.velan.com/ |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Herose UK | View profile | 11-50 | Armthorpe, Doncaster, United Kingdom, Europe | https://www.herose.co.uk |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
Global cryogenic valves market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryogenic valves market will help companies and investors design strategic landscapes.
Ball valve was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global cryogenic valves market based on ball valve covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cryogenic Valves Product Type Outlook (Revenue, USD Million, 2018-2030)
- Ball Valve
- Check Valve
- Gate Valve
- Globe Valve
- Other Product Type
- Global Cryogenic Valves End Use Outlook (Revenue, USD Million, 2018-2030)
- Medical
- Other End Use
- Oil & Gas
- Chemical
- Food & Beverages
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Our clientele includes a mix of cryogenic valves market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cryogenic valves market , including forecasts for subscribers. This global databook contains high-level insights into Global cryogenic valves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cryogenic valves market size, by regions, 2018-2030 (US$M)
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