US Cryogenic Valve Market

ID: MRFR/E&P/13522-HCR

100 Pages

Garvit Vyas

September 2025

US Cryogenic Valve Market Research Report By Gas (LNG, Oxygen, Nitrogen, Others), By Type (Globe Valve, Gate Valve, Ball Valve, Check Valve, Others), By End User (Energy & Power, Food & Beverage, Chemicals, Others) and By Application (Tanks & Cold Boxes, Transfer lines, Manifolds & Gas Trains) - Forecast to 2035

US Cryogenic Valve Market Research Report - Forecast to 2035 Infographic

Single User

$ 4,950.0

Multiple License

$ 5,950.0

Enterprise User

$ 7,250.0

Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Customize Report

Certified Researchers

US Cryogenic Valve Market Summary

The US Cryogenic Valve market is projected to grow from 391.2 million USD in 2024 to 567.1 million USD by 2035.

Key Market Trends & Highlights

US Cryogenic Valve Key Trends and Highlights

The market is expected to experience a compound annual growth rate of 3.43 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 567.1 million USD, indicating robust growth opportunities.
In 2024, the market is valued at 391.2 million USD, reflecting the current demand for cryogenic valves in various applications.
Growing adoption of advanced cryogenic technologies due to increasing investments in the energy sector is a major market driver.

US Cryogenic Valve Market

CAGR

3.43%

Market Size & Forecast

2024 Market Size	391.2 (USD Million)
2035 Market Size	567.1 (USD Million)
CAGR (2025-2035)	3.43%

Major Players

Emerson Electric, Parker Hannifin, Kitz Corporation, Hoke, Flowserve, Velan, Crane Co., Weir Group, Aalborg Instruments, Cameron, Pentair, Argus Controls, Clow Valve, Samson AG, Schmidt Technology

US Cryogenic Valve Market Trends

The US Cryogenic Valve Market is witnessing several important trends driven by changes in energy production, storage, and distribution systems. One of the key market drivers is the growing demand for liquefied natural gas (LNG) and its associated infrastructure. As the US continues to increase its LNG exports, there is a heightened need for reliable cryogenic valve solutions that can withstand extreme temperatures and pressures. The expansion of natural gas infrastructure, including pipeline projects, further stimulates the demand for these valves.

This is aligned with the broader industrial move toward increased efficiency, operational safety, and real-time monitoring, enhancing the reliability of cryogenic systems across various sectors. The US government's push for infrastructure development and energy independence also supports the growth of the cryogenic valve market.As industry standards evolve, manufacturers are expected to adapt their product offerings to meet these new regulations and technologies, paving the way for growth in this critical market segment.

Market Segment Insights

US Cryogenic Valve Market Segment Insights:

Cryogenic Valve Market Gas Insights

The US Cryogenic Valve Market focusing on the Gas segment exhibits a robust growth trajectory, primarily driven by the increasing demand for liquefied natural gas (LNG) and various industrial gases. LNG has been establishing itself as a cleaner alternative to traditional fuel sources, aligning with the United States’ goals of reducing carbon emissions and transitioning to sustainable energy. As such, the LNG market has progressively gained traction, requiring advanced cryogenic valves that can effectively manage the extreme temperatures involved in liquefaction and transportation processes.

Additionally, the Oxygen segment is significant due to its fundamental role in supporting medical and industrial applications, further enhancing its demand within the market. Similarly, the Nitrogen gas sector is growing, driven primarily by its applications in food preservation, metals manufacturing, and as an inert gas in various industrial processes. Other categories within the Gas segment also contribute to the market diversification, reflecting a variety of applications across different industries.

Overall, the market dynamics highlight the importance of automation and advancements in valve technology to ensure safety, efficiency, and reliability in handling gases under cryogenic conditions, fueled by the increasing emphasis on safety regulations and technological innovations in the industry.Given the extensive range of applications and the critical nature of these gases in various processes, the US Cryogenic Valve Market continues to expand significantly, driven by both demand and technological advancements aimed at enhancing performance and safety standards.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Cryogenic Valve Market Type Insights

The US Cryogenic Valve Market segmentation based on Type reveals critical insights into the functional dynamics and application relevance of various valve types within the industry. Globe valves, recognized for their excellent throttling capabilities, cater to diverse applications in sectors such as LNG, providing efficiency in flow control at low temperatures. Gate valves, characterized by low flow resistance, offer significant advantages when fully open, making them crucial for applications requiring isolation. Ball valves are often favored for their quick operation and reliability, securing their position in critical processes demanding swift shut-off.

Check valves play an essential role in preventing backflow, protecting systems from potential damage, and maintaining flow integrity attributes that contribute significantly to their market relevance. The Others category encompasses various innovative valve types, gaining traction due to advancements in technology and material science, thus ensuring compatibility with diverse cryogenic applications. As the US infrastructure continues to evolve with rising energy demands, the segmentation within the US Cryogenic Valve Market data reflects a structured approach towards optimizing valve solutions, ultimately enhancing operational efficacy across multiple industries.

Cryogenic Valve Market End User Insights

The US Cryogenic Valve Market was significantly shaped by its End User segmentation, encompassing diverse sectors such as Energy and Power, Food and Beverage, Chemicals, and Others. The Energy and Power sector plays a crucial role in this market, given the increasing demand for natural gas and liquefied natural gas (LNG) which require specialized cryogenic valves for optimal functioning under extreme temperatures. In the Food and Beverage industry, safety and quality requirements drive the need for precision in storing and transporting cryogenic liquids, highlighting the importance of reliable valve solutions.

The Chemicals sector also represents a vital segment, as cryogenic valves are essential for handling various substances at low temperatures, ensuring process efficiency and safety. Other industries, such as healthcare and transportation, further contribute to the broad demand for cryogenic valves, showcasing their versatility. With an ever-growing adoption of advanced technologies and sustainable practices, each of these segments illustrates a significant opportunity for market growth and innovation in the US Cryogenic Valve Market. Overall, the diverse End User landscape reflects a robust ecosystem that is integral to the advancement of essential industries.

Cryogenic Valve Market Application Insights

The Application segment of the US Cryogenic Valve Market plays a vital role in the functionality and efficiency of various industrial operations. This segment encompasses critical applications such as Tanks and Cold Boxes, Transfer lines, and Manifolds and Gas Trains, each contributing to the overall performance of cryogenic systems. Tanks and Cold Boxes are essential for the storage and handling of liquefied gases, ensuring safe and efficient operations across industries such as natural gas production and liquefied nitrogen applications. Transfer lines facilitate the movement of cryogenic fluids between different systems, highlighting their significance in processes that require precise temperature control.

Meanwhile, Manifolds and Gas Trains are crucial for managing the flow of gases, making them indispensable in everything from medical applications to power generation. The growth in sectors like aerospace, energy, and research drives the demand for effective cryogenic solutions, resulting in significant advancements in valve technology. As safety and operational efficiency remain key priorities, the US Cryogenic Valve Market is expected to witness continuous innovations in this segment, catering to evolving industry demands.

Get more detailed insights about US Cryogenic Valve Market Research Report - Forecast to 2035

Request Free Sample

Key Players and Competitive Insights

The US Cryogenic Valve Market is characterized by a range of dynamic competitive forces that drive innovation, pricing strategies, and market positioning. This market is comprised of various players that offer specialized solutions for applications in industries such as energy, aerospace, and medical gases, where the need for reliable cryogenic systems is paramount.

The competition is influenced by technological advancements, regulatory changes, and shifting consumer preferences toward more efficient and sustainable solutions. Understanding these competitive insights is crucial for companies seeking to establish or expand their presence within this niche market, as it will allow them to identify opportunities for differentiation and potential areas for growth.Emerson Electric has established a significant foothold in the US Cryogenic Valve Market, credited to its robust portfolio of high-performance products that meet stringent industry standards.

The company invests heavily in research and development, focusing on innovative solutions that enhance operational efficiency and reliability in cryogenic applications. Emerson Electric emphasizes its strong manufacturing capabilities and extensive distribution network, allowing it to provide timely support and service to its clients across various sectors, including the energy and industrial markets.

The company's reputation is built on a foundation of engineering excellence and customer-centric approaches, enabling them to forge long-lasting relationships with clients and maintain a strong competitive edge.Parker Hannifin operates as a leading player in the US Cryogenic Valve Market, offering an array of products that cater to the needs of industries utilizing cryogenic technology. Notable offerings include cryogenic ball and globe valves, which are designed to perform under extreme temperature conditions while ensuring safety and reliability.

Parker Hannifin's significant market presence is attributed to its ongoing commitment to innovation and quality, backed by stringent testing procedures and advanced manufacturing techniques. The company has strategically engaged in mergers and acquisitions to bolster its product lineup and expand its market reach. Through these initiatives, Parker Hannifin continues to strengthen its position in the US cryogenic landscape, addressing the evolving demands of the market and enhancing its capabilities in delivering tailored solutions to its customers.

Key Companies in the US Cryogenic Valve Market market include

Industry Developments

The US Cryogenic Valve Market has seen several noteworthy developments recently, particularly with Emerson Electric and Parker Hannifin focusing on expanding their product lines. In October 2023, Emerson Electric announced the enhancement of its digital valve solutions, optimizing cryogenic systems’ performance for LNG applications, reflecting the growing demand in this sector. The market is also benefiting from increased investments in renewable energy and LNG infrastructure, contributing to a rise in market valuation.

In September 2023, Flowserve launched a new line of high-performance cryogenic valves, capturing attention for its innovative design. Additionally, Crane Co. made headlines in August 2023, aligning its operations to accelerate the deployment of sustainable energy solutions. Notably, Weir Group has engaged in strategic acquisitions aimed at diversifying its portfolio to leverage market opportunities in cryogenic technology. Mergers such as the one between Kitz Corporation and a U.S.-based firm in July 2022 highlighted ongoing consolidation trends in the industry. Major companies like Velan and Pentair are also driving growth through advanced product offerings.

These advancements collectively underscore the dynamic landscape of the US Cryogenic Valve Market, shaped by technological innovations and strategic positioning.

Market Segmentation

Outlook

Tanks & Cold Boxes
Transfer lines
Manifolds & Gas Trains

Report Scope

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	376.25(USD Million)
MARKET SIZE 2024	391.25(USD Million)
MARKET SIZE 2035	567.07(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	3.431% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Emerson Electric, Parker Hannifin, Kitz Corporation, Hoke, Flowserve, Velan, Crane Co., Weir Group, Aalborg Instruments, Cameron, Pentair, Argus Controls, Clow Valve, Samson AG, Schmidt Technology
SEGMENTS COVERED	Gas, Type, End User, Application
KEY MARKET OPPORTUNITIES	Rapid LNG infrastructure expansion, Increasing demand in renewable energy, Advances in cryogenic technology, Growing industrial applications, Aging infrastructure replacement needs
KEY MARKET DYNAMICS	Growing demand for LNG infrastructure, Technological advancements in valve design, Stringent safety regulations, Expansion in end-use industries, Increased investments in energy sector
COUNTRIES COVERED	US

FAQs

What is the expected market size of the US Cryogenic Valve Market in 2024?

The US Cryogenic Valve Market is expected to be valued at 391.25 million USD in 2024.

What will the market size be for the US Cryogenic Valve Market by 2035?

By 2035, the US Cryogenic Valve Market is projected to reach a valuation of 567.07 million USD.

What is the expected CAGR for the US Cryogenic Valve Market from 2025 to 2035?

The US Cryogenic Valve Market is expected to grow at a CAGR of 3.431% from 2025 to 2035.

Which segment holds the largest market share in the US Cryogenic Valve Market by gas type in 2024?

In 2024, the LNG segment holds the largest market share valued at 150.0 million USD.

What is the projected market value for the oxygen segment of the US Cryogenic Valve Market in 2035?

The oxygen segment is projected to reach a value of 148.62 million USD by 2035.

Who are the key players operating in the US Cryogenic Valve Market?

Key players in the US Cryogenic Valve Market include Emerson Electric, Parker Hannifin, and Flowserve.

What is the expected market value for the nitrogen segment in 2024?

The nitrogen segment of the US Cryogenic Valve Market is valued at 80.0 million USD in 2024.

How much is the 'Others' segment expected to be worth in 2035?

By 2035, the 'Others' segment is expected to be valued at 67.71 million USD.

What are the growth drivers for the US Cryogenic Valve Market?

The growth drivers for the US Cryogenic Valve Market include increasing demand for LNG and advancements in valve technology.

How does the competition look among major players in the US Cryogenic Valve Market?

The competition in the US Cryogenic Valve Market is strong, with major players continuously innovating to gain market share.

Free Sample Request

Kindly complete the form below to receive a free sample of this Report

Customer Stories

“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

Victoria Milne Founder

Case Study

Chemicals and Materials

Global Magnesium Sulfate Market – Forecast till 2027