Cryogenic Control Valve Market to Grow at a CAGR of 4.7% to reach US$ 3117.79 Million from 2020 to 2028
低温控制阀市场预计将从 2021 年的 22.6707 亿美元增长到 2028 年的 31.1779 亿美元;预计 2021-2028 年期间的复合年增长率为 4.7%。
英国、美国、澳大利亚、德国、印度和中国等发达国家和发展中国家对工业气体的需求都在增加。各种工业气体用于不同行业的特定用途。一些主要使用的工业气体包括氧气、氮气、氩气、二氧化碳、氦气、氢气和乙炔等。低温阀门广泛用于液化气体的运输、使用和储存,例如压缩天然气 (CNG) 和液化天然气 (LNG)。在印度,CNG 汽车销量在 2021 财年同比增长 49%,其市场份额从 2020 年的 4% 增长到 2021 年的 6%。在用于去除皮肤异常的冷冻疗法、食品的运输和冷冻、超导体的冷却以及血液的低温保存中,对液氮等液化气体的需求正在增加。
为了生产氧气,低温阀门被大规模地用于空气分离装置。近年来,氧气需求的不断增长也是低温控制阀市场增长的一个驱动因素。天然气行业所需的各种低温阀门包括闸阀、止回阀、截止阀、升降式止回阀、球阀、夹管阀、截止止回阀、蝶阀、倾斜盘式止回阀、旋塞阀、隔膜阀、安全阀和泄压阀。随着化工、石化、炼钢、采矿、环保、金属、医药、生物技术、制药等各行各业对工业气体的需求不断增加,预计上述阀门的需求也将大幅增加。
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低温控制阀市场:
复合年增长率(2021 - 2028 年)4.7%- 2021 年市场规模
22.7 亿美元 - 2028 年市场规模
31.2 亿美元
市场动态
- 財政部
- 財政部
- 財政部
- 財政部
- 財政部
- 財政部
- 財政部
- 財政部
- 財政部
关键人物;主力;重要一员
- 贝克休斯公司
- 艾默生电气公司
- 福斯公司
- 维兰公司
- 科沃株式会社
- 拉森特布罗有限公司
- 尼尔斯公司
- 美国萨姆森
- 巴克阀门
区域概况
- 北美
- 欧洲
- 亚太
- 南美洲和中美洲
- 中东和非洲
市场细分
- 截止控制阀
- 球控制阀
- 蝶阀
- 其他的
- 发电
- 油和气
- 食品和饮料
- 其他的
- 示例 PDF 通过定性和定量分析展示了内容结构和信息的性质。
COVID-19 疫情对低温控制阀市场的影响
COVID-19 疫情对整个石油和天然气行业产生了负面影响,因为供应链活动严重中断,加上疫情爆发后一些国家封锁了国际贸易。此外,由于需求有限,全球石油和天然气价格大幅下跌,产油国的持续生产导致主要产油国的生产活动大幅下降。因此,石油和天然气活动的停止扰乱了对相关产品和服务(如低温阀门)的需求。
在 COVID-19 疫情期间,由于消费品需求激增,食品加工业务大幅增长。这一发展在一定程度上稳定了低温阀门的使用。因此,疫情在 2020 年前两个季度对低温控制阀市场产生了负面影响。然而,随着经济活动的继续,需求恢复了。因此,预计全球市场将在未来几个月和随后的几年内恢复需求不足。
低温控制阀市场洞察
FSRU 和 FPSO 需求增长推动低温控制阀市场增长
近年来,对浮式生产储卸油装置 (FPSO) 和浮式储存再气化装置 (FSRU) 的需求已大幅增加。FPSO 装置被石油和天然气行业广泛用于碳氢化合物的加工和生产以及石油储存。通过海洋通道运输和转化液化天然气 (LNG) 需要 FSRU。据石油输出国组织 (OPEC) 预测,到 2025 年,全球石油需求将从每天 3800 万桶增长到每天 1.15 亿桶,从 2002 年到 2025 年,年均增长率为每天 160 万桶或 1.7%。考虑到技术可行性、移动性、可用性、调度、商业灵活性和低成本,FSRU 在全球越来越受欢迎。随着天然气使用量的增加,预计亚太地区将成为未来几年最大的 FSRU 市场。各类低温阀门广泛用于FPSO装置和FSRU。这有望推动全球低温阀门市场的发展。
基于类型的市场洞察
根据类型,低温控制阀市场细分为截止阀、球阀、蝶阀和其他。2020 年,其他部分占据了最大的市场份额。
基于应用的市场洞察
根据应用,低温控制阀市场细分为发电、石油和天然气、食品和饮料以及其他应用。2020 年,石油和天然气领域占据了最大的市场份额。
低温控制阀市场的参与者采用合并、收购和市场计划等策略来保持其在市场中的地位。以下列出了一些主要参与者的发展:
- 2021 年 6 月,贝克休斯和 Borg CO2 宣布签署谅解备忘录,就碳捕获和储存项目展开合作。该项目将成为挪威维肯地区工业空间脱碳的枢纽。
- 2021 年 3 月,艾默生推出了一系列三通和双向电磁阀,支持原始设备制造商开发更紧凑的设备和机器的要求,同时不影响流体控制性能。
低温控制阀市场报告范围
报告属性 | 细节 |
---|---|
2021 年市场规模 | 22.7 亿美元 |
2028 年市场规模 | 31.2亿美元 |
全球复合年增长率(2021 - 2028) | 4.7% |
历史数据 | 2019-2020 |
预测期 | 2022-2028 |
涵盖的领域 | 按类型
|
覆盖地区和国家 | 北美
|
市场领导者和主要公司简介 |
|
- 示例 PDF 通过定性和定量分析展示了内容结构和信息的性质。
全球低温控制阀市场细分如下:
按类型
- 截止控制阀
- 球控制阀
- 蝶阀
- 其他的
按应用
- 发电
- 油和气
- 食品和饮料
- 其他应用
按地理位置
- 北美
- 我们
- 加拿大
- 墨西哥
- 欧洲
- 法国
- 德国
- 意大利
- 英国
- 俄罗斯
- 欧洲其他地区
- 亚太地区 (APAC)
- 中国
- 印度
- 韩国
- 日本
- 澳大利亚
- 亚太地区其他地区
- 中东和非洲 (MEA)
- 南非
- 沙特阿拉伯
- 阿联酋
- MEA 其他地区
- 南美洲 (SAM)
- 巴西
- 阿根廷
- SAM 其余部分
公司简介
- 贝克休斯公司
- 艾默生电气公司
- 福斯公司
- 维兰公司
- 科沃株式会社
- 拉森特布罗有限公司
- 尼尔斯公司
- 美国萨姆森
- 巴克阀门
- 理查兹工业公司
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
With the growing demand for medicines across the world, the requirement for respective cryogenic valves is rising notably. Cryogenic valves are used in manufacturing, testing, and experimenting of various ingredients used for making a medicine. In the ongoing COVID-19 pandemic, Flowserve was providing cryogenic ball valves to Pfizer for helping expand the production capacities of COVID-19 vaccine.
Russia is the world’s second largest natural gas producing country. As per the BP Statistical Review of World Energy 2020, the country produced 679 billion cubic meters natural gas in 2019. APAC comprises world’s fastest growing countries such as India and China. The region is becoming one of the major consumers of natural gas products.
Cryogenic valves are designed to be used in very cold temperatures. Hence, they are most popularly used by companies that work with liquefied natural gas (LNG) or compressed natural gas (CNG). For instance, the oil & gas industry frequently uses cryogenic temperature ranges starting at -238 degrees Fahrenheit (-150 degrees Celsius). Cryogenic valves are kept in a natural closed position to keep cryogenic gases or other media secure and safely contained
The others segment dominate the market, which comprises plug valves, gate valves, pinch valve, and diaphragm valve, among others. Gate valves use linear stem motion for opening and closing of a valve. These valves use parallel or wedge shaped discs as closure members that provide tight sealing. This type of valve is suitable for oil, gas, air, heavy liquids, steam, non-condensing gases, and abrasive and corrosive liquids.
The power generation sector is growing rapidly in developing as well as developed countries across the globe. Among the power generation sector, the demand for compressed natural gas (CNG) and liquefied natural gas (LNG) is increasing substantially. Suitable cryogenic valves are widely used in various compressed natural gas (CNG) and liquefied natural gas (LNG) applications. The main reason for rise in need for compressed natural gas (CNG) is its increasing utility in various sectors.
There is an increase in demand for industrial gases in developed as well as developing countries such as the UK, the US, Australia, Germany, India, and China. Various industrial gases are produced for specific applications in various industries. Some of the majorly used industrial gases are oxygen, nitrogen, argon, carbon dioxide, helium, hydrogen, and acetylene, among others. Cryogenic valves are widely used for transport, use, and storage of liquefied gases such as compressed natural gas (CNG) and liquefied natural gas (LNG).
The List of Companies - Cryogenic Control Valve Market
- Baker Hughes Company
- Emerson Electric Co.
- Flowserve Corporation
- Velan Inc.
- KORVAL Co., Ltd.
- Larsen & Toubro Limited
- Neles Corporation
- SAMSON USA
- Bac Valves
- Richards Industrials
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published and advised several client across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organization are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.