The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.
Industrial valves serve as crucial components in controlling the flow of liquids, gases, and slurries across various industries, including oil and gas, water and wastewater treatment, chemical processing, power generation, and pharmaceuticals. The global industrial valves market demonstrates steady growth, driven by infrastructure development, technological advancements, and increasing emphasis on process efficiency and safety. The global industrial valves market is forecast to expand at a CAGR of 5.1% and thereby increase from a value of US$71.2 Bn in 2023, to US$100.9 Bn by the end of 2030.
Cryogenic equipments are specially made equipments to handle liquefied gases. Liquefied gases are kept at very low temperature to maintain them in liquid state. The temperature required is below -150°C and known as cryogenic temperature.
Europe Cryogenic Control Valve Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Globe Control Valves, Ball Control Valves, Butterfly Control Valves, and Others), and Application (Power Generation, Oil and Gas, Food and Beverages, and Others)
Industrial Valve Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material Type (Cast Iron, Steel, Cryogenic, Alloy-Based, Others); Valve Type (Ball Valves, Butterfly Valves, Diaphragm Valves, Safety Valves, Piston RAM Valves, Gate Valves, and Control Valves); Industry (Oil and Gas, Water Treatment, Power and Energy, Chemicals and Petrochemical, Food and Beverage, Healthcare and Pharmaceutical, Others)
Industrial valves are mechanical devices that are attached on various machines and equipments for the control of flow in a system; they are differentiated according to the different functions they perform such as stop/start, throttle, non-return, etc. They are categorised on different shapes and sizes according to the different needs of the consumer from the different industries.
Industrial valves are mechanical devices that are attached on various machines and equipments for the control of flow in a system; they are differentiated according to the different functions they perform such as stop/start, throttle, non-return, etc. They are categorised on different shapes and sizes according to the different needs of the consumer from the different industries.
The Industrial Valves Market Size is expected to reach 99.8 billion by 2028 from USD 80.4 billion in 2023 growing at a CAGR of 4.4% during forecast period.
Industrial valves are mechanical devices that are attached on various machines and equipments for the control of flow in a system; they are differentiated according to the different functions they perform such as stop/start, throttle, non-return, etc. They are categorised on different shapes and sizes according to the different needs of the consumer from the different industries.
This Report provided by 24 Market Reports is about, the global Cryogenic Valve market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
A safety valve is designed to open and relieve excess pressure from vessels or equipment and to reclose and prevent the further release of fluid after normal conditions have been restored.
The report "Cryogenic Valve Market by Gas (LNG, Oxygen, Nitrogen), Type (Globe, Gate, Ball), End-User (Energy & Power, Food, Chemicals), Application (Tanks & Cold Boxes, Transfer Lines, Manifolds & Gas Trains), And Region - Global Forecast to 2023", The cryogenic valve market is expected to grow from an estimated USD 3.00 Billion in 2018 to USD 3.75 Billion by 2023, at a CAGR of 4.51%, from 2018 to 2023. This growth is primarily due to the rising production and trade of LNG to meet the LNG demand from various countries globally. High demand for industrial gases (nitrogen, oxygen, argon, helium, and others) from industries such as food & beverage, electronics, and chemicals is further expected to boost the cryogenic valve market.
Global Ball Valves Market is expected to rise from its initial estimated value of USD 12.82 billion in 2018 to an estimated value of USD 16.75billion by 2026, registering a CAGR of 3.4% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits associated with Process Plant Modernization.
Global cryogenic equipment market size is expected at $22.48 bn by 2028 at a growth rate of 9.1% segmented as tanks, valves, vaporizers, pumps, other equipment, nitrogen, argon, oxygen, lng
Safety Valves Market by Size (Up to 1 inch, 1–6 inch, 6 – 25 inch, 25 – 50-inch, 50 inch, and Above), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry (Oil & Gas, Energy & Power, Water & Wastewater), and Region - Global Forecast to 2024
The report offers a thorough account concerning future progressions drawn from the past information and current conditions of the market. It gives a comprehensive perspective on the worldwide Ball Valve market to settle on smart choices concerning future changes. Read More @ https://www.theinsightpartners.com/reports/ball-valve-market/
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Safety Valves Market by Size (Up to 1 inch, 1–6 inch, 6 – 25 inch, 25 – 50-inch, 50 inch, and Above), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry (Oil & Gas, Energy & Power, Water & Wastewater), and Region
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According to the latest research report by IMARC Group, The global cryogenic equipment market size reached US$ 21.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. More Info:- https://www.imarcgroup.com/cryogenic-equipment-market
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The Ball Valve Market accounted for US$ 10.38 Bn in 2016 and is expected to grow at a CAGR of 2.44% during the forecast period 2017 – 2025, to account for US$ 12.89 Bn in 2025.
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Acetaldehyde Market to 2027 - Global Analysis and Forecasts by Process (Oxidation of Ethylene, Oxidation of Ethanol, Dehydrogenation of Ethanol, and Others), Derivative (Pyridine and Pyridine Bases, Pentaerythritol, Acetic Acid, and Others), Application (Chemicals, Plastics & Synthetic Rubber, Food & Beverages, Paints & Coatings, Pharmaceutical & Cosmetics, Paper & Pulp, and Others), and Geography
Thermosiphon tanks have extended ports where the pump can be connected and it helps pump prime without cavitation. In a Cryogenic Storage tank that stores Liquid at an extremely low temperature, thermosiphon supports liquid to pass upwards creating a close loop system for a pump mounted at the outlet of the tank for quick cooling before startup. Once the pump is primed and cooled, It gives instant start and restarts. These tanks share the same modular configuration and footprint with standard tank models. Extended ports for thermosiphon are vacuum jacketed. Tank height is increased due to stretched support leg. Both the standard and thermosiphon tanks are available with the same operating pressures and other manufacturing standards. For more information visit: https://www.cryogasindia.com/industrial-gases/cryogenic-tanks/cryogenic-thermosiphon-tanks
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Flexible Packaging Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Plastics, Paper, Aluminum Foils, and Others), Product Type (Pouches, Bags, Films and Wraps, and Others), and Application (Food and Beverages, Medical and Pharmaceutical, Personal Care and Cosmetic, Industrial, and Others)
Construction Chemicals Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Concrete Admixtures, Asphalt Additives, Waterproofing Chemicals, Adhesives and Sealants, Flame Retardants, and Others) and Application (Residential, Commercial, Industrial, Institutional, and Infrastructure)
[247 Pages Report] The global cryogenic equipment market is projected to reach USD 17.4 billion by 2027 from an estimated market size of USD 12.5 billion in 2022, at a CAGR of 6.8% during the forecast period. The factors driving the growth for cryogenic equipment market are high demand for industrial gases from metallurgy, and energy & power industries and growing demand for cryogenic equipment across entire LNG value chain.