Cryogenic Control Valve Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Type (Globe Valve, Ball Valve, Butterfly Valve), By Application (LNG (Liquefied Natural Gas), Chemicals, Healthcare (Medical Gases), Aerospace, Energy & Power and Others), By Region, By Competition, 2020-2030F

May 2025 | 180 pages | ID: C2C170E410B8EN
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Market Overview

The Cryogenic Control Valve Market was valued at USD 40.52 Billion in 2024 and is projected to reach USD 57.96 Billion by 2030, growing at a CAGR of 5.99% during the forecast period. This market focuses on the production and deployment of specialized valves designed for ultra-low-temperature environments, typically below -150°C, where conventional valve technologies are inadequate. These valves are essential for the control and regulation of cryogenic fluids such as LNG, liquid nitrogen, oxygen, hydrogen, and helium, across multiple sectors including oil and gas, chemicals, energy, aerospace, and healthcare. As global investments in LNG infrastructure, energy diversification, and industrial gas applications continue to rise, the demand for cryogenic control valves is expanding steadily. Technological advancements in valve materials and sealing mechanisms are enabling greater reliability, safety, and efficiency in operations involving harsh cryogenic conditions.

Key Market Drivers

Growing Demand for LNG and Cryogenic Applications Driving Market Expansion

The surging global adoption of liquefied natural gas (LNG) as a cleaner energy source is a primary driver of growth in the cryogenic control valve market. The development of LNG liquefaction plants, regasification terminals, and transportation networks in regions such as Asia Pacific, the Middle East, and North America has created strong demand for valves that can withstand extremely low temperatures while maintaining precision and safety. The use of LNG in marine bunkering, power generation, and heavy transportation further reinforces this demand. Additionally, cryogenic control valves are increasingly required in medical, aerospace, and chemical industries for managing liquefied gases like oxygen and nitrogen. With increasing energy diversification efforts and decarbonization goals, investments in cryogenic infrastructure and associated control systems are expected to continue driving market growth.

Key Market Challenges

Stringent Regulatory Compliance and Certification Requirements

The cryogenic control valve market is challenged by rigorous certification standards and complex regulatory frameworks that manufacturers must navigate to ensure compliance. Industries such as LNG, aerospace, and medical gases require valves that meet stringent safety and quality benchmarks set by organizations like ASME, API, ISO, and ATEX. This involves extensive testing, documentation, and manufacturing validation processes that elevate production costs and prolong product development cycles. Regulatory variation across regions complicates international supply chain logistics and customization, posing a barrier especially for smaller firms. Additionally, frequent updates to standards driven by evolving safety protocols demand continuous investment in R&D, compliance infrastructure, and quality assurance, making regulatory adherence a significant hurdle for market participants.

Key Market Trends

Increasing Demand for Cryogenic Control Valves in LNG and Natural Gas Processing

The LNG sector's rapid expansion globally is a defining trend influencing the cryogenic control valve market. Governments and private enterprises are investing heavily in LNG infrastructure to meet rising energy needs and climate goals, leading to an upsurge in demand for cryogenic valves capable of ensuring safe, precise flow control under ultra-low temperatures. Manufacturers are responding with innovations in valve materials, such as stainless steel alloys and improved sealing mechanisms, to meet durability and performance expectations. Additionally, valves optimized for efficiency and low maintenance are in demand to enhance operational cost-effectiveness in LNG and gas processing facilities. This trend is also driving advancements in valve automation and remote monitoring technologies to support modern, high-efficiency cryogenic systems.

Key Market Players

  • Emerson Electric Co.
  • Flowserve Corporation
  • Crane Corporation
  • Pentair plc
  • Metso Corporation
  • IMI plc
  • Velan Inc.
  • KITZ Corporation
  • Baker Hughes Company
  • Asahi Glass Co., Ltd.


Report Scope:

In this report, the Global Cryogenic Control Valve Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Cryogenic Control Valve Market, By Type:

  • Globe Valve
  • Ball Valve
  • Butterfly Valve


Cryogenic Control Valve Market, By Application:

  • LNG (Liquefied Natural Gas)
  • Chemicals
  • Healthcare (Medical Gases)
  • Aerospace
  • Energy & Power
  • Others


Cryogenic Control Valve Market, By Region:

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
    • Turkey


Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cryogenic Control Valve Market.

Available Customizations:

Global Cryogenic Control Valve Market report with the given Market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional Market players (up to five).

1. PRODUCT OVERVIEW

1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
1.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
  2.5.1. Secondary Research
  2.5.2. Primary Research
2.6. Approach for the Market Study
  2.6.1. The Bottom-Up Approach
  2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
  2.8.1. Data Triangulation & Validation

3. EXECUTIVE SUMMARY

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. VOICE OF CUSTOMER

5. GLOBAL CRYOGENIC CONTROL VALVE MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Type (Globe Valve, Ball Valve, Butterfly Valve)
  5.2.2. By Application (LNG (Liquefied Natural Gas), Chemicals, Healthcare (Medical Gases), Aerospace, Energy & Power, Others)
  5.2.3. By Region
5.3. By Company (2024)
5.4. Market Map

6. NORTH AMERICA CRYOGENIC CONTROL VALVE MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Type
  6.2.2. By Application
  6.2.3. By Country
6.3. North America: Country Analysis
  6.3.1. United States Cryogenic Control Valve Market Outlook
    6.3.1.1. Market Size & Forecast
      6.3.1.1.1. By Value
    6.3.1.2. Market Share & Forecast
      6.3.1.2.1. By Type
      6.3.1.2.2. By Application
  6.3.2. Canada Cryogenic Control Valve Market Outlook
    6.3.2.1. Market Size & Forecast
      6.3.2.1.1. By Value
    6.3.2.2. Market Share & Forecast
      6.3.2.2.1. By Type
      6.3.2.2.2. By Application
  6.3.3. Mexico Cryogenic Control Valve Market Outlook
    6.3.3.1. Market Size & Forecast
      6.3.3.1.1. By Value
    6.3.3.2. Market Share & Forecast
      6.3.3.2.1. By Type
      6.3.3.2.2. By Application

7. EUROPE CRYOGENIC CONTROL VALVE MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type
  7.2.2. By Application
  7.2.3. By Country
7.3. Europe: Country Analysis
  7.3.1. Germany Cryogenic Control Valve Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Type
      7.3.1.2.2. By Application
  7.3.2. United Kingdom Cryogenic Control Valve Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Type
      7.3.2.2.2. By Application
  7.3.3. Italy Cryogenic Control Valve Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Type
      7.3.3.2.2. By Application
  7.3.4. France Cryogenic Control Valve Market Outlook
    7.3.4.1. Market Size & Forecast
      7.3.4.1.1. By Value
    7.3.4.2. Market Share & Forecast
      7.3.4.2.1. By Type
      7.3.4.2.2. By Application
  7.3.5. Spain Cryogenic Control Valve Market Outlook
    7.3.5.1. Market Size & Forecast
      7.3.5.1.1. By Value
    7.3.5.2. Market Share & Forecast
      7.3.5.2.1. By Type
      7.3.5.2.2. By Application

8. ASIA-PACIFIC CRYOGENIC CONTROL VALVE MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By Application
  8.2.3. By Country
8.3. Asia-Pacific: Country Analysis
  8.3.1. China Cryogenic Control Valve Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Type
      8.3.1.2.2. By Application
  8.3.2. India Cryogenic Control Valve Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Type
      8.3.2.2.2. By Application
  8.3.3. Japan Cryogenic Control Valve Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Type
      8.3.3.2.2. By Application
  8.3.4. South Korea Cryogenic Control Valve Market Outlook
    8.3.4.1. Market Size & Forecast
      8.3.4.1.1. By Value
    8.3.4.2. Market Share & Forecast
      8.3.4.2.1. By Type
      8.3.4.2.2. By Application
  8.3.5. Australia Cryogenic Control Valve Market Outlook
    8.3.5.1. Market Size & Forecast
      8.3.5.1.1. By Value
    8.3.5.2. Market Share & Forecast
      8.3.5.2.1. By Type
      8.3.5.2.2. By Application

9. SOUTH AMERICA CRYOGENIC CONTROL VALVE MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By Application
  9.2.3. By Country
9.3. South America: Country Analysis
  9.3.1. Brazil Cryogenic Control Valve Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Type
      9.3.1.2.2. By Application
  9.3.2. Argentina Cryogenic Control Valve Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Type
      9.3.2.2.2. By Application
  9.3.3. Colombia Cryogenic Control Valve Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Type
      9.3.3.2.2. By Application

10. MIDDLE EAST AND AFRICA CRYOGENIC CONTROL VALVE MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Type
  10.2.2. By Application
  10.2.3. By Country
10.3. Middle East and Africa: Country Analysis
  10.3.1. South Africa Cryogenic Control Valve Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Type
      10.3.1.2.2. By Application
  10.3.2. Saudi Arabia Cryogenic Control Valve Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Type
      10.3.2.2.2. By Application
  10.3.3. UAE Cryogenic Control Valve Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Type
      10.3.3.2.2. By Application
  10.3.4. Kuwait Cryogenic Control Valve Market Outlook
    10.3.4.1. Market Size & Forecast
      10.3.4.1.1. By Value
    10.3.4.2. Market Share & Forecast
      10.3.4.2.1. By Type
      10.3.4.2.2. By Application
  10.3.5. Turkey Cryogenic Control Valve Market Outlook
    10.3.5.1. Market Size & Forecast
      10.3.5.1.1. By Value
    10.3.5.2. Market Share & Forecast
      10.3.5.2.1. By Type
      10.3.5.2.2. By Application

11. MARKET DYNAMICS

11.1. Drivers
11.2. Challenges

12. MARKET TRENDS & DEVELOPMENTS

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. COMPANY PROFILES

13.1. Emerson Electric Co.
  13.1.1. Business Overview
  13.1.2. Key Revenue and Financials
  13.1.3. Recent Developments
  13.1.4. Key Personnel/Key Contact Person
  13.1.5. Key Product/Services Offered
13.2. Flowserve Corporation
13.3. Crane Corporation
13.4. Pentair plc
13.5. Metso Corporation
13.6. IMI plc
13.7. Velan Inc.
13.8. KITZ Corporation
13.9. Baker Hughes Company
13.10. Asahi Glass Co., Ltd.

14. STRATEGIC RECOMMENDATIONS

15. ABOUT US & DISCLAIMER


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