Cryogenic Valve Market was valued at USD 2.89 Billion in 2017 and is projected to reach at USD 3.75 Billion by 2026, at a CAGR of 4% during the forecast period.
Cryogenic valves are built to safely and efficiently store and transport cryogenic gases. This valve differs from other standard valves in that it can fully operate at temperatures down to -196°C and pressures up to 750 psi. Cryogenic valves are mostly held in the closed position to keep cryogenic gases intact and safe.
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Market Ecosystem:
The cryogenic valves ecosystem comprises equipment manufacturers, such as, Flowserve (US), Herose (Germany), Emerson (US), L&T (India), Schlumberger (US), Samson (Germany), Cryocomp (US), Habonim (Israel)
By Application
- Tanks & Cold Boxes
- Liquefiers
- Transfer lines
- Manifolds & Gas Trains
By Type
- Globe Valve
- Gate Valve
- Check Valve
- Ball Valve
- Others
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Scope of the Report
The research study analyzes the global Cryogenic Valve industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cryogenic Valve Market Report
1. What was the Cryogenic Valve Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2026).
- What will be the CAGR of Cryogenic Valve Market during the forecast period (2019-2026)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2026).
4. Which manufacturer/vendor/players in the Cryogenic Valve Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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