Press release
Cryogenic Valves Market Poised for 4.9% CAGR Growth, projected to Reach USD 6,306.9 million by 2035
Cryogenic Valves Market
The market for cryogenic valves is expected to grow significantly due to the growing need for industrial gases, the development of LNG infrastructure, and the rise in cryogenic applications in a variety of industries. The sector's estimated market size is USD 3,909.0 million in 2025 and is predicted to expand at a compound annual growth rate (CAGR) of 4.9% to reach USD 6,306.9 million by 2035. It is anticipated that the growing use of cryogenic technology in the energy, healthcare, and space exploration sectors will support this consistent expansion.
Request For Sample Report: Elevate Your Industry Intelligence with Actionable Insights: https://www.futuremarketinsights.com/report-sample#5245502d47422d37313235
Besides, growth can be attributed to the ongoing expansion of the industrial and healthcare sectors worldwide.
Increasing demand for cryogenic gases such as LNG and liquid helium in rockets is likely to augur well for the global market. Also, MRI machines require cryogenic cooling, while the food sector needs to store large quantities of food, which would aid growth. The increasing development of green energy worldwide is also expected to drive growth.
Moreover, increasing demand for energy across the globe is likely to aid the global market. Governments of various emerging economies are taking several initiatives to accelerate power production and develop their infrastructures. As per the India Brand Equity Foundation (IBEF), by 2022, the country is likely to become the world's third largest construction market. India is estimated to need investments worth USD 777.73 Billion across infrastructure for a sustainable development by 2022. These factors are projected to help the global market to grow at a rapid pace.
Key Takeaways from the Market Study
• By valve type, the gate valves segment is expected to grow at a CAGR of 9% during the forecast period.
• By gas, the LNG gas segment is anticipated to dominate the market and account for about 1/3rd of share.
• By end use, the power & energy segment is projected to lead the cryogenic valves market and create an absolute dollar opportunity worth USD 128.8 Million during the forecast period.
• In terms of region, sales of cryogenic valves in South Asia & Pacific are estimated to exhibit a CAGR of 0%.
• The China cryogenic valves market is estimated to grow at a CAGR of 7% in the assessment period.
"Increasing implementation of stringent regulations for emission control in the power generation sector and rising adoption of refrigeration systems in the F&B sector are creating new growth opportunities for cryogenic valves manufacturers," says a Future Market Insights analyst.
Competitive Landscape: Cryogenic Valves Market
Some of the key players in the global market are Flowserve Corp., Herose, Emerson Electric, L&T, Samson, Cryocomp, Habonim, Parker Hennafin, Bray Corp.,Velan, Weir Group, Powell Valves LTD., BAC, Kitz Corporation, Mack Valves, YPS Valves Ltd, and OMB Valves SpA among others. Manufacturers are strategically collaborating with technology partners for maintaining strong relations. They are also looking forward to helping the oil and gas industry by providing technologically advanced products.
Get More Insights on the Cryogenic Valves Market
The research report analyses the market demand trend for cryogenic valves. The global market is based on macroeconomic factors, market trends & market background. As per Future Market Insights' research scope, the cryogenic valves market report is studied and analyzed in the following segments such as by valve type, by gas, end use & regions. The cryogenic valves market report gives us qualitative and quantitative information about the companies.
Latest Automation Auxiliary Reports: https://www.futuremarketinsights.com/industry-analysis/automation-auxiliary
Key Segments Covered in Cryogenic Valves Market Analysis
By Valve Type:
• Globe Valve
• Gate Valve
• Check Valve
• Ball Valve
• Others
By Gas Type:
• Nitrogen
• LNG
• Oxygen
• Hydrogen
• Liquid Petroleum
• Ethylene
By End Use:
• Food & Beverage
• Healthcare
• Chemicals
• Energy & Power
• Others
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia and the Pacific
• Middle East & Africa
Browse Full Report Here: https://www.futuremarketinsights.com/industry-analysis/automation-auxiliary
Related reports:
Barcode Printers Market- https://www.futuremarketinsights.com/reports/barcode-printers-market
Oil & Gas Terminal Automation Market- https://www.futuremarketinsights.com/reports/global-oil-gas-terminal-automation-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cryogenic Valves Market Poised for 4.9% CAGR Growth, projected to Reach USD 6,306.9 million by 2035 here
News-ID: 3988662 • Views: …
More Releases from Future Market Insights
Cable Cars and Ropeways Market Set to Reach USD 15.6 Million by 2035, with a 10. …
The Cable Cars and Ropeways Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Cable Cars and Ropeways market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Cable Cars and Ropeways. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2035. Additionally,…
Compact Power Equipment Rental Market Set to Soar, Anticipated CAGR of 6.9% to R …
The Compact Power Equipment Rental Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Compact Power Equipment Rental market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Compact Power Equipment Rental. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally,…
Combined Heat and Power (CHP) Systems Market Set to Surge to USD 50.8 Billion by …
The combined heat and power (CHP) systems Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the combined heat and power (CHP) systems market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for combined heat and power (CHP) systems. It furnishes intricate revenue and shipment segmentations, accompanied by a…
Plant-Based Meatballs Market to Surpass USD 1,000 Million by 2035 Amid Soaring D …
In 2025, the global plant-based meatballs market is projected to reach approximately USD 193.4 million and is expected to grow significantly to around USD 1,012.2 million by 2035. This impressive trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 18.0% over the forecast period, driven by increasing consumer awareness and evolving dietary preferences.
The plant-based meatballs market is expanding rapidly as more consumers pivot towards healthier and more sustainable lifestyles.…
More Releases for Valve
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players;…
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s…
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
Australian pressure safety valve market size is expected to reach $65.38 million by 2025 from $52.12 million in 2017, growing at a CAGR of 2.88% during the forecast period (2018–2025). Pressure safety valves (pressure relief valves) are specially designed valves that regulate the surge in pressure within the pressure systems, which otherwise could hinder industrial processes. The valves have outlets that guide the additional flow of fluids or gases, which…
Control Valve Market Analysis Report by Region - North America, Latin America, E …
Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn…
Bleed Valve Market 2017-Eaton, Weir Group, KSB, Mahle, Mogas, Alfa Laval, Nihon …
Apex Research, recently published a detailed market research study focused on the "Bleed Valve Market" across the global, regional and country level. The report provides 360° analysis of "Bleed Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bleed Valve industry, and estimates the future trend of Bleed Valve market…
Global Plug Valves Market: Yuandong Valve, Yuanda Valve, Weir, Walworth, Zhengqu …
Global Market Study Evaluate on Plug Valves Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Plug Valves market report is:
This report offers a comprehensive evaluation of the Plug Valves market. It does so by in-depth qualitative insights, historical Plug Valves market data, and verifiable projections about global Plug Valves market size. The projections featured in the Plug Valves market report have been…
