Market Research Future published a half-cooked research report on global Cryogenic Valve market. The cryogenic valve market is expected to expand at 4.49% CAGR during the period 2018 to 2023
Market Highlights
Cryogenic Valve Market is generally used for transportation and storage applications by various industries. These valves are utilized in very low temperature or extreme cold applications either to store or transport the LNG in various industries. Cryogenic valve is used in various applications such as Liquefied Ethylene, Propylene and LPG applications. LNG is the major segment which holds largest market share, as natural gas is considered as the primary source of power generation and used in wide range of application in industries such as food & beverage, storage equipment, aerospace for storage and piping the cryogenic tanks.
Based on gas, the market is segmented as LNG, oxygen, nitrogen and others. LNG segment is estimated to dominate the market during the forecast period, due to the increasing demand of LNG across various verticals such automotive, pharmaceuticals, etc. Considering the segment by type, the market is segmented as globe, gate, ball, check and others. Ball valve type segment is estimated to dominate the market during the forecast period due to its efficient heat transfer capability, additional blow out protection and better flow characteristics than other valves. Based on end-user, the market is segmented as energy & power, food & beverage industry, chemical and others. Energy & power segment lead the market due to wide application of cryogenic valve in the liquefication and power plants.
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The Global Cryogenic Valve Market is expected to grow at 4.49% CAGR during the forecast period.
Drivers
Cryogenic Valve Market predicted to grow at more than 4.49% by 2023-Press release image-00
Market Research Analysis
Asia-Pacific region accounts for the largest market share during the forecast period
Region wise, Asia-Pacific held the largest market share of the global Cryogenic Valve Market Report in 2017. It is estimated that Asia-Pacific region will continue to dominate the market during the forecast period, mainly due to the rising demand from China, India, Australia, and Japan as they have increase in LNG imports, power generation from natural gas and storage applications which has emerged the demand for cryogenic valve market. Hence, It has been estimated that Asia-Pacific region will continue to dominate the market growth during the forecast period.
Scope of the Report
This report provides an in-depth analysis of the global cryogenic valve market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the cryogenic valve market by its gas, type, end-user, application and region.
By Gas
LNG
Oxygen
Nitrogen
Others
By Type
Globe
Gate
Ball
Check
Others
By End-User
Energy & Power
Food & Beverage
Chemicals
Others
By Application
Tanks & Cold Boxes
Transfer lines
Manifolds & Gas Trains
By Region
North America
Europe
Asia-Pacific
Rest of the World
Key Players
Flowserve Corporation (US)
Herose Gmbh (Germany)
Emerson Electric Co (US)
L&T Valves Limited. (India)
Samson Controls Inc. (US)
Cryocomp (US)
Parker Hannifin Corp (US)
The Weir Group PLC (UK)
Velan Inc (Canada)
Bray International (US)
Bac Valves (Spain)
Powell Valves (US)
Valco Group (France).
Browse Complete Report Details @https://www.marketresearchfuture.com/reports/cryogenic-valve-market-6783
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Connect With Us @https://www.linkedin.com/posts/amar-nikade-015184214_cryogenic-valve-market-size-share-growth-activity-6816346215496634369-f99O
Market Research Future published a half-cooked research report on global Cryogenic Valve market. The cryogenic valve market is expected to expand at 4.49% CAGR during the period 2018 to 2023
Market Highlights
Cryogenic Valve Market is generally used for transportation and storage applications by various industries. These valves are utilized in very low temperature or extreme cold applications either to store or transport the LNG in various industries. Cryogenic valve is used in various applications such as Liquefied Ethylene, Propylene and LPG applications. LNG is the major segment which holds largest market share, as natural gas is considered as the primary source of power generation and used in wide range of application in industries such as food & beverage, storage equipment, aerospace for storage and piping the cryogenic tanks.
Based on gas, the market is segmented as LNG, oxygen, nitrogen and others. LNG segment is estimated to dominate the market during the forecast period, due to the increasing demand of LNG across various verticals such automotive, pharmaceuticals, etc. Considering the segment by type, the market is segmented as globe, gate, ball, check and others. Ball valve type segment is estimated to dominate the market during the forecast period due to its efficient heat transfer capability, additional blow out protection and better flow characteristics than other valves. Based on end-user, the market is segmented as energy & power, food & beverage industry, chemical and others. Energy & power segment lead the market due to wide application of cryogenic valve in the liquefication and power plants.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/6783
The Global Cryogenic Valve Market is expected to grow at 4.49% CAGR during the forecast period.
Drivers
Market Research Analysis
Asia-Pacific region accounts for the largest market share during the forecast period
Region wise, Asia-Pacific held the largest market share of the global Cryogenic Valve Market Report in 2017. It is estimated that Asia-Pacific region will continue to dominate the market during the forecast period, mainly due to the rising demand from China, India, Australia, and Japan as they have increase in LNG imports, power generation from natural gas and storage applications which has emerged the demand for cryogenic valve market. Hence, It has been estimated that Asia-Pacific region will continue to dominate the market growth during the forecast period.
Scope of the Report
This report provides an in-depth analysis of the global cryogenic valve market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the cryogenic valve market by its gas, type, end-user, application and region.
By Gas
- LNG
- Oxygen
- Nitrogen
- Others
By Type
- Globe
- Gate
- Ball
- Check
- Others
By End-User
- Energy & Power
- Food & Beverage
- Chemicals
- Others
By Application
- Tanks & Cold Boxes
- Transfer lines
- Manifolds & Gas Trains
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Key Players
- Flowserve Corporation (US)
- Herose Gmbh (Germany)
- Emerson Electric Co (US)
- L&T Valves Limited. (India)
- Samson Controls Inc. (US)
- Cryocomp (US)
- Parker Hannifin Corp (US)
- The Weir Group PLC (UK)
- Velan Inc (Canada)
- Bray International (US)
- Bac Valves (Spain)
- Powell Valves (US)
- Valco Group (France).
Browse Complete Report Details @https://www.marketresearchfuture.com/reports/cryogenic-valve-market-6783
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Connect With Us @https://www.linkedin.com/posts/amar-nikade-015184214_cryogenic-valve-market-size-share-growth-activity-6816346215496634369-f99O
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