Global Cryogenic Valve Market Worth $ 797 Million by 2021

Date: 2018-03-08

A cryogenic valve is a valve used in very cold applications, below -40 F. Cryogenic Valve includes Cryogenic Ball Valve, Cryogenic gate Valve, Cut-Off Valve and Cryogenic Butterfly Valve on the base of classification, which represent 22%, 30%, 17% and 10% of global Cryogenic Valve market. 

Gas Transport, Ethylene Transport, Liquid Oxygen Transport and Liquid Nitrogen Storage Tank are the main application of Cryogenic Valve product and Asia Pacific is the largest Cryogenic Valve market on production and consumption.

Global Cryogenic Valve market is projected to reach $ 797 Million by 2021, with a GAGR of 5.5% from 2017, and Asia will have a big dynamic momentum on the market growth. The major players in the global Cryogenic Valve market are Neway, Fangzheng, Kitz, Sungo, Boteli, Emerson, Bonney Forge, Velan, Flowserve, Acme, HEROSE, Parker Bestobell, Pfeiffer Chemie-Armaturenbau etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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