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U.S. Cryogenic Valve Market Share
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
How big is the U.S. cryogenic valve market?
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
Why is the use of LNG cryogenic valves rising in the U.S.?
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.
Who are the major U.S. cryogenic valve industry players?
Alloy Valves and Control (AVCO), Bray International, Crane Company, Emerson Electric Co., Flowserve Corporation, HEROSE GmbH, KITZ Corporation, Ladish Valves, and Parker Hannifin
Why is the demand for cryogenic valves growing in supplying lines across the U.S.?
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.