Cryogenic Valve Market Outlook 2023, Recent Trends and Demand Analysis

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Cryogenic Valve Market Outlook 2023, Recent
Trends and Demand Analysis
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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. PDF Brochure
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The energy power segment is expected to hold
the largest share of the cryogenic valve market,
by function during the forecast period The energy
power segment led the cryogenic valve market in
2017 and is projected to dominate the market
during the forecast period. Cryogenic valves are
widely used in the energy power industry. They
are installed for the process of liquefication,
transportation, and regasification. The rise in
the trade of LNG across the world is one of the
major drivers of the energy power segment. LNG
is expected to be the fastest growing segment of
the cryogenic valve market The LNG segment is
expected to hold the largest market share during
the forecast period from 2018 to 2023. It is
considered as the major source of energy. LNG is
also being used in power generation in the
automotive sector, while many countries are
adopting LNG as its fuel for various applications
in other industries as well. LNG is primarily
used in shipbuilding, power generation, and
automotive industries. Request for Customization
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Browse gtgt 73 market data
tables 35 figures
126 pages and in-depth TOC on Air
Insulated Switchgear Market  Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Asia Pacific The leading market for cryogenic
valve system In this report, the cryogenic valve
market has been analyzed with respect to five
regions, namely, North America, Europe, Asia
Pacific, South America, and the Middle East
Africa. Asia Pacific is expected to hold for the
largest market share in the global cryogenic
valve market in 2018. Countries such as China,
India, Australia, and Japan have huge demand for
LNG, electronic equipment, chemicals, and
metallurgy processes to meet the growing demand
from residential and industrial sectors. To
enable an in-depth understanding of the
competitive landscape, the report includes the
profiles of some of the top players in the
cryogenic valve market. These players include
Schlumberger(US), Emerson (US), Parker (US),
Flowserve (US), and Weir Group (Scotland). The
leading players adopted various strategies to
increase their market shares such as contracts
agreements, new product launches, and mergers
acquisitions. Request Sample _at_
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• Target Audience
• Cryogenic equipment manufacturers, dealers, and
  suppliers
• LNG plant developers and service providers
• LNG dealers
• Cryogenic equipment Manufacturers associations
• Oil gas companies
• Power and energy associations
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the
  market. These include
• Benchmarking
• BAC
• Bray
• Cryocomp
• Emerson
• Flowserve
• Habonim
• Herose
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