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U.S. Cryogenic Valve Market Share

Report ID: GMI10592
Published Date: Aug 2024
Report Format: PDF

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U.S. Cryogenic Valve Market Share

U.S. Cryogenic Valve Company Market Share Analysis, 2023

Key players involve in the market are Parker Hannifin, Emerson Electric Co, Flowserve Corporation, Crane Company, Bray International accounting market share of 65-70% in 2023. Manufacturers compete by creating new cryogenic valves that provide better performance, energy efficiency, and cost-effectiveness. Differentiation via unique features, customized filtration media, and patented designs allows businesses to stand out in a competitive market. Continuous investment in research and development (R&D) allows enterprises to remain ahead of technological trends. Companies innovate by increasing valve efficiency, creating innovative cryogenic valves, improving system automation, and implementing smart features.

U.S. Cryogenic Valve Market Companies

Major companies operating in the U.S. cryogenic valve industry include:

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

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of U.S. cryogenic valve was recorded USD 204.7 million in 2023 and may register 6.5% CAGR between 2024 to 2032, as thy are engineered specifically to function effectively in extremely cold environments, typically below -50°C (-58°F).

U.S. cryogenic valve market size from the LNG valve type segment may reach USD 219.4 million by 2032, fuelled by its reputation as a cleaner substitute for conventional fossil fuels in sectors, such as power generation, industrial processes, and marine transport.

U.S. cryogenic valve market size from the supplying line segment application is expected to reach USD 152.6 million by 2032, owing to substantial growth in LNG infrastructure, encompassing liquefaction plants, terminals, and export facilities.

Alloy Valves and Control (AVCO), Bray International, Crane Company, Emerson Electric Co., Flowserve Corporation, HEROSE GmbH, KITZ Corporation, Ladish Valves, and Parker Hannifin