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 Scope
Cryogenic Valves Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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)
- Oil & Gas
- Chemical
- Food & Beverages
- Medical
- Other End Use
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Target buyers of Global cryogenic valves market databook
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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)
Related regional statistics
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