US Cryogenic Valve Market

U.S. Cryogenic Valve Market Size

The U.S. cryogenic valve market was estimated at USD 215.4 million in 2024 and is expected to reach USD 394.5 million by 2034, growing at a CAGR of 6.3% from 2025 to 2034, driven by the growing LNG liquefied natural gas infrastructure. These valves are utilized to manage fluids at very low temperatures. Increased investments in LNG terminals, storage facilities, and transportation systems have been driven by the rising demand for LNG exports, growing domestic energy consumption, and various industrial applications. Such developments demand highly reliable cryogenic valves for safe & efficient operation.

U.S. LNG exports amounted to an average of 12.1 billion cubic feet per day (Bcf/d) in the first half of 2023, according to the U.S. Energy Information Administration (EIA), making the U.S. the world's largest LNG exporter. Such growth has facilitated the building of liquefaction plants regasification terminals, and LNG carriers, fueling the market for cryogenic values such as gate, globe, ball, and check valves which can withstand extreme conditions.

Moreover, the growing number of floating LNG (FLNG) facilities and the emergence of small-scale LNG distribution are driving demand for durable cryogenic flow control solutions. With better inspection and diagnostics through automation and smart valve technologies, efficiency is improving, too, and advanced cryogenic valves are a vital part of U.S. LNG infrastructure.

U.S. Cryogenic Valve Market Trends

The U.S. cryogenic valve industry is growing the stringent environmental requirements to support cleaner energy and low-emission technology adoption across industries. The U.S. Environmental Protection Agency (EPA) reported GHG emissions dropped by 7% from 2019 – 2021, thanks in part to policies targeting the adoption of cleaner energy sources like LNG, hydrogen, and industrial gases. It thus is necessary that high standards of cryogenic valves are required for safety and working of such energy sources efficiently at ultralow temperatures.

Transition to LNG as a less dirty fuel is surging on more stringent emission rules for energy producers, conveyance, and manufacturing plants. This is also driving the demand for cryogenic valves, for LNG terminals, storage tanks, and pipelines. The expansion of green hydrogen production, storage, and distribution — driven by government funding of hydrogen projects like the USD 8 billion injection into regional hydrogen hubs by the Department of Energy — is another factor contributing to the increasing use of cryogenic valves.

Industrial gas is also impacted by environmental policies. New controls on emissions are driving the use of cryogenic oxygen, nitrogen, and helium in the healthcare, electronics, and aerospace industries. Cryogenic valves are also vital for carbon capture and storage (CCS) projects, a key technology for achieving carbon neutrality, as they deal with liquefied CO?. The U.S. Department of Energy is putting USD 3.5 billion toward CCS projects, accelerating the market. Companies involved in LNG infrastructure are finding themselves with stricter rules on methane leaks,  leading them to invest in durable, leak-proof cryogenic valves so the LNG meets safety and efficiency standards.

As industries replace their cryogenic systems in compliance with these environmental regulations, demand is increasing for energy-efficient cryogenic valves with intelligent monitoring features. This trend towards sustainable cryogenic technology demonstrates that environmental regulations necessitate compliance while also serving as a good incentive for innovation in the market.

U.S. Cryogenic Valve Market Analysis

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Based on valve type, the market is segmented as LNG and Cryogenic. In 2024, the LNG segment generated a revenue of USD 143.5 million and is expected to grow at a CAGR of around 6.1% during 2025 to 2034.

• Growth in the U.S. cryogenic valve industry is expected to be primarily driven by the LNG segment. The growth of the natural gas sector is attributable to the increasing demand for natural gas as a cleaner energy source, increasing liquefied natural gas (LNG) exports, and robust investments in infrastructure. Cryogenic valves are typically used for LNG due to the low temperatures (-260°F/-162°C) at which the gas must be kept for safe and efficient flow control in the storage, transportation, and processing stages. The demand for various cryogenic valves such as ball, gate, globe, and check valves for LNG applications is surging as the U.S. enhances its LNG production and export facilities. With stacked LNG exports last year at 10.6 billion cubic feet per day, according to the U.S. Energy Information Administration (EIA), the demand for these valves is in high demand.
  
• Only transition from coal and oil to LNG in power generation, industrial, and transportation use is also driving up demand for cryogenic valves as they are used in pipelines, liquefaction plants, regasification terminals, and LNG bunkering facilities. In addition, stricter environmental regulations that encourage the use of low-emission fuels have stimulated the adoption of LNG. Cryogenic valves operate in both offshore and land-based applications — including floating LNG (FLNG), small-scale LNG distribution, and LNG-powered vessels — which all require cryogenic valves and are, therefore, poised for increased investment. LNG infrastructure investments have increased by more than 15% per annum in recent years, according to the U.S. Department of Energy. Automated and smart cryogenic valve innovations are enhancing the efficiency and safety of LNG valves, positioning them as a vital contributor to market growth.
  

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Based on function, the U.S. cryogenic valve market is segmented into manual and Pneumatic/electric Control. In 2024, the manual segment accounted for over 65% revenue share Rand is expected to grow at a CAGR of over 6.6% till 2034.

• Manual cryogenic valves are the most used in the U.S. market because they are reliable, affordable, and easy to operate in industries like LNG, industrial gas, and aerospace. These valves allow accurate control of gas flow without needing electricity, making them ideal for extremely cold environments where automated systems may fail.
  
• As per the U.S. Energy Information Administration (EIA), the United States exported over 10 billion cubic feet per day of LNG in 2023, with many facilities relying on manual cryogenic valves due to their simple design, low maintenance needs, and durability. These valves are also preferred for safety reasons when handling liquefied gases like LNG, hydrogen, oxygen, and nitrogen. Operators can directly control these valves during emergencies or maintenance. While automated valves are gaining popularity, manual cryogenic valves remain the top choice because of their proven reliability, cost-effectiveness, and widespread use in critical applications.
  

Based on the application, the market is segmented as gas pipeline and transportation, supplying lines, filling devices, bulk storage tanks, and others (storage tank & piping, etc.). The supply line segment is expected to hold a major share of 37% in 2024.

• Supplying line applications, with significant end-use, are the largest segment in the U.S. cryogenic valve market owing to their criticality in the transport and distribution of cryogenic fluids such as LNG, liquid oxygen, nitrogen, and hydrogen. The gas pipes of these terminals, whose main purpose is to deliver extremely cold gases safely and efficiently, often use this valve type.
  
• The U.S. government is working to establish new LNG and hydrogen infrastructure. Under the Infrastructure Investment and Jobs Act, the U.S. Department of Energy has already allocated USD 9.5 billion to hydrogen-related projects. Furthermore, between 2019 and 2023, the Federal Energy Regulatory Commission (FERC) approved 13 LNG export projects, which is expected to provide significant traction for the cryogenic valve market. These valves help pipelines,  storage tanks, and distribution systems to efficiently prevent leaks. Plus, strict safety regulations from agencies such as OSHA and the EPA also require high-quality valves to reduce the risk of leaks, pressure drops, and other hazards. The rise of liquefied natural gas (LNG) as a source of clean energy, the development of industrial gas applications, and aerospace cryogenic systems further emphasize the need for supply lines in the North American cryogenic valve market.
  

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• The U.S. cryogenic valve market is steadily growing on account of the expansion of LNG infrastructure, rise in investments in the hydrogen economy, and increase in demand for industrial gases. According to the US Energy Information Administration (EIA), the United States exported more than 10 billion cubic feet per day of LNG in 2023, putting it as one of the major exporters to the world. This growth has increased the demand for high-performance cryogenic valves in liquefaction plants, export terminals, pipelines, and bunkering businesses. The acceleration of green hydrogen production, storage, and transport is further driving demand for cryogenic valves for safe and efficient handling of extremely low temperatures.
  
• The market growth is also driven by industries such as healthcare, electronics, metallurgy, and food processing. They must rely on liquid oxygen, nitrogen, and helium all solved with cryogenic flow control solutions. For instance, per the U.S. Bureau of Labor Statistics, the healthcare sector alone is projected to grow by 13% from 2022 to 2032, further driving the need for cryogenic valves. Environmental regulations and low-emission energy structures with LNG and hydrogen as energy sources are resulting in the widespread use of durable, leak-proof cryogenic valves in the industry. Another major driver comes from the aerospace sector including NASA and SpaceX, which require mission-critical cryogenic valves for use in rocket fuel systems as well as cryogenic propellant handling.
  
• Technology advancements are another factor to consider. Valves are becoming smarter & automated, with IoT-enabled remote monitoring capabilities and extended durability. The growing adoption of floating LNG (FLNG) and small-scale LNG solutions is driving up demand for small and energy-efficient cryogenic valves. The rising investments into carbon capture and storage (CCS) technologies are also topics for a significant opportunity expansion, as cryogenic valves are used to handle and transport liquefied CO?. Moreover, government projects in both regions to enhance domestic manufacturing and supply chains ensure consistent availability of cryogenic valves for essential energy and industrial uses.
  

U.S. Cryogenic Valve Market Share

• The global kitchen appliances industry is fragmented, with prominent players, such as Electrolux AB, Lg Electronics, Samsung Electronics, Robert Bosch Gmbh, and whirlpool corporation holding a market share of 25%-30%.
  
• In the kitchen appliances market, LG has the largest share due to its comprehensive product portfolio. Currently, LG Electronics maintains a large share of the kitchen appliance market thanks to the company’s global and well-known brand that focuses on innovation, reliability, and energy efficiency. This brand is always investing in advanced technology as seen with InstaView™ Door-in-Door refrigerators, SmartThinQ connectivity, and inverter linear compressors which are produced by the company. LG’s appliances are easily recognizable because of their sleek modern aesthetics and advanced energy-saving technologies which appeal to consumers.
  

U.S. Cryogenic Valve Market Companies

Major players operating in the U.S cryogenic valve industry are:

•  Alloy Valves and Control (AVCO)
• Bray International
• Crane Company
• Emerson Electric Co
• Flowserve Corporation
• FZV-Canada (Fangzheng Valve Group Co., Ltd.)
• HEROES GmbH
• KITZ Corporation
• Ladish Valves
• Parker Hannifin
• Richards Industrials
• Sesto Valves
• SWI Valve
• Valves Only
• Velan    
  

Emerson Electric Co. manufactures cryogenic solenoid valves for analytical and high-pressure industrial applications. HEROSE GmbH manufactures cryogenic safety, globe, and gate valves, used in such industries as industrial gases and liquefied natural gas (LNG) storage. For the low-temperature operation, CKD, Thermal Tecton, KITZ Corporation, Parker Hannifin, and SWI Valve offer cryogenic ball, gate, globe, and check valves.

Ladish Valves produces stainless steel,  duplex, and high-nickel alloy valves for LNG and petrochemical industries. Cryogenic Valves – The primary manufacturers of cryogenic valves include FZV-Canada (Fangzheng Valve Group Co., Ltd.), Richards Industrials, and Sesto Valves. Cryogenic valves are utilized for regulating low-temperature fluids. Valves Only provide a wide range of cryogenic balls, globes, gates, butterflies, and check valves. One of the key companies in the market is Velan, which offers cryogenic valves for LNG and cryogenic fluid processing.

U.S Cryogenic Valve Industry News

• Samsung Unveils New Bespoke AI Home Appliances at ‘Welcome to BESPOKE AI’ Global Launch Event The devices are heavy with multi-faceted convenience with Wi-Fi compatibility,  internal builder cameras, AI chips, and SmartThings Application compatibility. Enter the foundation for a real smart home.
  
• Haier India is also planning to launch a new vogue series that will focus on aesthetics in April 2024. The collection consists of 2-door goods as well as 2-door convertible side-by-side and top and bottom mount refrigerators to spice up the kitchen decor.
  
• In 2024, Kitchen and Bath Industry Show (KBIS), Sharph announced that they intend to concentrate more on enhancing living tech. So, building upon the dining sections of homes, it aims to reimagine the heart, the kitchen, with new smart devices.
  

The U.S. cryogenic valve market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and Volume in Thousand Units from 2021 to 2034, for the following segments:

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Market, By Valve Type 

• LNG
  • Ball valve
    • Floating ball valves
    • Trunnion mounted ball valves
    • 3-way ball valves
    • Fully welded ball valves
    • Others (screw end ball valves, flanged end ball valves, multi-port, etc.)
  • Butterfly valve
    • Double offset butterfly valves
    • Triple offset butterfly valves
    • High-performance butterfly valves 
    • Others (actuated butterfly valves, lug butterfly valves, etc.)
• Hydrogen
  • Ball valve
    • Floating ball valves
    • Trunnion mounted ball valves
    • 3-way ball valves
    • Fully welded ball valves
    • Others (screw end ball valves, flanged end ball valves, multi-port, etc.)
  • Butterfly valve
    • Double offset butterfly valves
    • Triple offset butterfly valves
    • High-performance butterfly valves 
    • Others (actuated butterfly valves, lug butterfly valves, etc.) 

Market, By Function

• Manual
• Pneumatic/Electric/Hydraulic Control  

Market, By Size

• 1”
• 1” to 6"
• 7” to 25”
• 26” to 50”
• >50"

Market, By Application

• Gas Pipeline and Transportation
• Supplying Line
• Filling Device
• Bulk Storage Tank
• Others (Storage Tank & Piping, etc.)

Market, By Industry

• Upstream
• Midstream
• Downstream