1. Global Cryogenic Valve Market Outlook
In 2025, the global cryogenic valve market is projected to reach a sales volume of 5639.2 K Units, reflecting a Compound Annual Growth Rate (CAGR) of 3.55% from 2025 to 2030. This growth is attributed to the increasing demand for energy efficiency and the expansion of industries that rely on cryogenic technology. The cryogenic valve market is not only defined by its product types but also by its critical role in ensuring the safe transportation and storage of cryogenic fluids, which are essential in various industrial processes and applications.
A cryogenic valve is a specialized valve designed to operate at very low temperatures, typically below -150°C (-238°F). These valves are engineered to maintain their performance and integrity under extreme cold, ensuring the secure containment and flow of gases and liquids. The cryogenic valves are available in various shapes and sizes to accommodate different pressure ranges and are typically kept closed to safely contain gases. They are designed to open under high-pressure conditions, allowing for the free flow of gases until the pressure reduces, at which point they seal using a metal seat to prevent leakage.
The global cryogenic valve market, a segment of the industrial valve industry designed for extremely low-temperature applications, is anticipated to experience significant growth in the coming years. This market, which includes a variety of valve types such as ball, check, gate, and globe valves, is crucial for the safe and efficient handling of cryogenic fluids like liquefied natural gas (LNG) and liquid oxygen. The market’s performance is closely tied to the demands of the oil and gas, chemical, energy and power, and food and beverage industries.
Global Cryogenic Valve Market Sales (K Units) in 2025
2. Driving Factors of Market Growth
The growth of the cryogenic valve market is primarily driven by the increasing demand from the oil and gas industry, which is expected to remain a key energy source for the foreseeable future. The long-term demand for valves in this sector is supported by projections that oil will still be the largest component of the energy structure by 2040, with natural gas becoming the second-largest energy source. This trend is further bolstered by the growing demand from key regions such as China and Europe, where rapid economic development and industrialization are driving the need for advanced cryogenic valves.
Additionally, the market is influenced by the push towards cleaner energy sources and the global shift towards reducing environmental pollution, aligning with international climate change commitments. Government policies and initiatives, such as the increase in natural gas share in the primary energy mix, are creating new opportunities for the cryogenic valve market. The construction of LNG terminals and regasification facilities is expected to drive the demand for cryogenic valves, particularly in regions looking to increase their reliance on natural gas.
3. Limiting Factors of Market Growth
Despite the promising growth prospects, the cryogenic valve market faces several challenges that could limit its expansion. The quality and cost of raw materials play a critical role in the production of these valves, with fluctuations in raw material prices directly impacting the cost of production. The industry is also highly competitive, with many companies vying for market share through R&D, product innovation, and customer relationship management.
4. Global Cryogenic Valve Market Segment
Product Types Analysis
The global cryogenic valve market is segmented into various product types, each designed to meet specific industrial requirements. The different product types include Ball Valves, Check Valves, Gate Valves, Globe Valves, and Other Product Types. These valves are engineered to operate efficiently at cryogenic temperatures, ensuring the secure flow and containment of gases and liquids.
Ball Valves are known for their quick operation and ease of maintenance. They use a ball as the obturator and are favored for their good flow characteristics. In 2025, Ball Valves are projected to reach sales of 563.1 thousand units, holding a significant position in the market.
Check Valves allow flow in one direction only, preventing backflow and ensuring safety in pipelines. The market expects Check Valves to achieve sales of 1013.9 thousand units in 2025, showing a steady growth trend.
Gate Valves utilize a wedge-type gate and are known for their durability and long-term sealing performance. They are anticipated to dominate the market with sales reaching 2184.2 thousand units in 2025, reflecting the largest market share among all product types.
Globe Valves contain a movable disk that rotates to control flow, known for their precise control. Sales for Globe Valves are forecasted to be 1112.6 thousand units in 2025.
Other Product Types, which include specialized valves for unique applications, are also expected to contribute to the market, with projected sales of 806.7 thousand units in 2025.
Among these, Gate Valves have the biggest market share, primarily due to their widespread use in various cryogenic applications where reliability and long-term performance are critical. The Ball Valves are expected to have the fastest growing rate, attributed to their versatility and the increasing demand for quick-acting valves in cryogenic systems.
Application Analysis
The cryogenic valve market serves multiple applications, with Chemicals, Oil and Gas, Energy and Power, Food and Beverage, and Others being the primary sectors. Each application has specific requirements that cryogenic valves must meet to ensure efficient and safe operations.
Chemicals involve the use of cryogenic valves in the handling of chemicals, where precision and safety are paramount. The chemicals segment is expected to reach 1564.5 thousand units in sales in 2025.
The Oil and Gas industry, a key driver of the cryogenic valve market, utilizes these valves in LNG liquefaction, transportation, and regasification. This segment is projected to achieve the highest sales with 1880.7 thousand units in 2025, indicating the largest market share.
Energy and Power applications require cryogenic valves for the efficient management of energy resources. Sales for this application are forecasted to be 619.3 thousand units in 2025.
Food and Beverage processing, which increasingly relies on cryogenic technology for preservation and processing, is expected to see sales of 472.4 thousand units in 2025.
Within these applications, the Oil and Gas sector holds the largest market share, driven by the continuous demand for efficient and reliable cryogenic valves in the global energy market. The Food and Beverage application is expected to exhibit the fastest growth rate, due to the increasing adoption of cryogenic technology in food processing and the growing demand for high-quality, preserved food products.
In conclusion, the global cryogenic valve market is diverse, with a range of product types and applications each playing a critical role in their respective industries. While Gate Valves dominates the market share, Ball Valves shows promising growth. Similarly, the Oil and Gas sector leads in application-based market share, yet the Food and Beverage industry is on the rise, reflecting the evolving demands of the global cryogenic valve market.
Market Sales and Share by Segment
| Market Sales (K Units) 2025 | Market Share 2025 | ||
| By Type | Ball Valve | 563.1 | 9.99% |
| Check Valve | 1013.9 | 17.98% | |
| Gate Valve | 2184.2 | 38.73% | |
| Globe Valve | 1071.2 | 19.00% | |
| Other Product Types | 806.7 | 14.31% | |
| By Application | Chemicals | 1564.5 | 27.74% |
| Oil and Gas | 1880.7 | 33.35% | |
| Energy and Power | 619.3 | 10.98% | |
| Food and Beverage | 472.4 | 8.38% | |
| Others | 1102.4 | 19.55% |
5. Global Cryogenic Valve Market Regional Analysis
The cryogenic valve market is a global industry that spans various regions, each contributing significantly to the overall market demand. In 2025, the sales figures by region provide a clear picture of the market’s geographic distribution and growth potential.
Asia Pacific has emerged as the largest regional market for cryogenic valves, with sales projected to reach 1993.4 thousand units in 2025. This region’s dominance can be attributed to rapid industrialization and the growing demand for energy efficiency in countries like China and India.
North America follows closely, with sales expected to be 1622.6 thousand units in 2025. The region’s mature industrial base and technological advancements contribute to its significant market share.
Europe, with its strong manufacturing and chemical industries, is expected to record sales of 1469.2 thousand units in 2025, maintaining its position as a key player in the global cryogenic valve market.
South America and Middle East and Africa are also expected to show growth, with sales forecasted at 287.6 thousand units and 266.5 thousand units respectively in 2025. These regions are experiencing increased demand due to the expansion of their oil and gas industries. The biggest regional market by sales is undoubtedly Asia Pacific, due to its large industrial base and the growing need for advanced cryogenic valves in various applications. The fastest-growing region is also Asia Pacific, with its dynamic economy and increasing demand for efficient cryogenic technologies.
Global Cryogenic Valve Market Share by Region in 2025
6. Top Five Companies in the Cryogenic Valve Market
Company Introduction and Business Overview: Samson, established in 1907 and headquartered in Germany, is a market leader in control valves for industrial processes. The company has a global distribution network and offers a wide range of control valves, butterfly valves, and modular automation units.
Products Offered: Samson’s product line includes FROSTY – Type 3598 Cryogenic Valve for high-pressure applications, known for its energy efficiency and safety features.
Company Introduction and Business Overview: Flowserve, founded in 1997 and based in the USA, is a leading manufacturer of pumps, valves, and seals. The company has a global presence with over 15,000 employees across 50 countries.
Products Offered: Flowserve offers the McCANNA Cryogenic Ball Valve, designed for cryogen flow isolation at extremely low temperatures.
Company Introduction and Business Overview: Established in 1951 and headquartered in Japan, KITZ Corporation is a leading global valve manufacturer and the largest in Japan. The company specializes in a variety of valves and actuators.
Products Offered: KITZ provides stainless steel and carbon steel valves for low-temperature and cryogenic fluid processing.
Company Introduction and Business Overview: Bray International, established in 1986 and headquartered in the USA, is a premier manufacturer of flow control and automation products with a global presence in over 40 countries.
Products Offered: Bray International offers a range of high-performance butterfly valves suitable for cryogenic temperatures.
Company Introduction and Business Overview: Founded in 1950 and headquartered in Canada, Velan is a world leader in the design and production of various valves, including cryogenic gate valves.
Products Offered: Velan’s cryogenic gate valves are designed for special service conditions at cryogenic temperatures, featuring extended bonnets and flexible wedges.
Major Players
| Company Name | Headquarters | Business Distribution |
| Samson | Germany | Worldwide |
| Flowserve | USA | Worldwide |
| KITZ Corporation | Japan | Worldwide |
| Bray International | USA | Worldwide |
| Velan | Canada | Worldwide |
| Neles | Finland | Worldwide |
| Emerson Electric | USA | Worldwide |
| HEROSE | Germany | Worldwide |
| Parker | USA | Worldwide |
| Powell Valves | USA | Worldwide |
| OMB Valves Group | Italy | Worldwide |
| XINTAI | China | Worldwide |
| L&T Valves | India | Worldwide |
| Habonim Industrial Valves & Actuators | Israel | Worldwide |
| MECA-INOX | France | Worldwide |