How big is the cryogenic valve market | Forecast, Size & Insights 2025

Code: MTA5508 Publication Date: Jul 2025

What is the Cryogenic valve Market Size?

According to 6Wresearch internal database and industry insights, Global Cryogenic valve market was valued atUSD 3.8 billion in 2024 and is anticipated to exceedUSD 6.1 billion by 2031, registering a steady at aCAGR of 6.9% during the forecast period.

Cryogenic valve market is witnessing significant growth driven by the expanding demand for LNG infrastructure, increasing investments in industrial gas applications, and the rising adoption of cryogenic technologies across sectors such as healthcare, energy, and aerospace. Technological advancements in valve design and performance are also propelling market expansion, while stricter emission regulations support the shift toward cryogenic-based energy transport and storage systems.

Major Growth Factors of the Cryogenic valve Market

  • Expansion of liquefied natural gas (LNG) infrastructure
  • Growth in industrial gas applications
  • Rising demand from healthcare and medical sectors
  • Increased space exploration and satellite launches
  • Government initiatives for clean energy
  • Technological advancements in valve materials and design
  • Surge in cryogenic storage systems for biological materials
  • Growth in petrochemical and chemical processing industries

Cryogenic valve Market Trends

Cryogenic valve market in propelled to experience massive trends that indicate a growing integration of smart monitoring technologies and automation in valve systems to ensure safety and performance in extreme environments. The adoption of lightweight and durable valve materials is increasing, along with a rising focus on energy-efficient and low-leakage valve solutions. Manufacturers are also emphasizing modular and customizable product designs to meet diverse industrial applications.

Emerging Developments in the Cryogenic valve Market

Cryogenic valve market is estimated to experience new developments in the form of advanced sealing technologies to enhance valve longevity and reduce maintenance. Collaborations between valve manufacturers and gas distribution companies are accelerating the deployment of innovative solutions. Moreover, investments in cryogenic infrastructure in emerging economies and the introduction of digitally controlled valve systems are shaping the future of the market.

Major Companies in the Cryogenic valve Market

  • Emerson Electric Co.
  • Parker Hannifin Corporation
  • L&T Valves Limited
  • HEROSE GmbH
  • Flowserve Corporation
  • Velan Inc.
  • Schlumberger Limited (Cameron)
  • Weir Group PLC

How big is the cryogenic valve market : FAQs

The cryogenic valve market was valued at USD 3.8 billion in 2025 and is projected to reach USD 6.1 billion by 2031.
The cryogenic valve market is expected to grow at a CAGR of 6.9% during the forecast period.
Key trends of cryogenic valve include adoption of smart valve systems, demand for energy-efficient valves, use of advanced materials.
The cryogenic valve market is driven by the expansion of LNG infrastructure, rising industrial gas demand, clean energy adoption.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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