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The cryogenic control valve market has experienced significant growth in recent years, driven by increasing demand from industries that require regulating temperatures below -150°C (-238°F). Cryogenic control valves are essential to manage the flow of liquefied gases, such as oxygen, nitrogen, hydrogen, and natural gas, which are stored and transported at cryogenic temperatures. These valves ensure safety, precision, and efficiency in the operation of cryogenic systems in the oil and gas, energy, chemical, and healthcare industries. With advancements in technology and increasing industrial applications, the market for cryogenic control valves is poised for steady growth, making it a critical segment within the broader control valve market.

The global Cryogenic Control Valve Market size was valued at USD 3,362.4 million in 2022 and is projected to reach USD 5,587.7 million by 2030, growing at a CAGR of 6.69% from 2023 to 2030. In the scope of work, the report includes products offered by companies such as Velan Inc., Cryostar, L&T Valves Limited, Cryocomp, The Weir Group PLC, KSB Limited, Baker Hughes, SLB., HEROSE GMBH, SAMSON AKTIENGESELLSCHAFT and Others.

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