Ball Valves Market Outlook
Ball valves are quarter-turn valves consisting of hollow, perforated, and pivoting balls that are generally used for pressure and flow control and for shutting off liquids and gases.
The global ball valves market size is expected to exhibit a CAGR of 3.14% during 2022-2027. Looking forward, IMARC Group expects the global ball valves market is expected to exhibit a CAGR of 3.14% during 2022-2027.
These valves are open when the hole is in the flow line and are shut when the hole is rotated by the handle of the valve at ninety degrees. They are durable, reliable, and can perform many cycles even after a long period of disuse.
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Ball Valves Market Trends:
The global ball valves market is primarily driven by their growing applications across the oil and gas, waste and wastewater, chemical, energy and power, and building and construction industries. These valves are also used in oxygen therapy devices and blood analyzers in hospitals and other healthcare centers.
Besides this, manufacturers are utilizing 3D printing technologies for producing cost-effective and durable ball valves. Moreover, the development of smart cities and nuclear power plants due to rapid industrialization and the emergence of the internet of things (IoT) are expected to positively impact the market in the near future.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Aalberts N.V.
- Alfa Laval
- Schlumberger Limited
- The Crane Company
- The Curtiss-Wright Corporation
- Dwyer Instruments Inc.
- Emerson Electric Co.
- The Flowserve Corporation
- IMI Plc
- KITZ Corporation
- Niuwei Group Co. Ltd.
- Velan Inc.
Ball Valves Market Segmentation:
The report has categorized the market based on material, valve type, size and end use industry.
Breakup by Material:
- Stainless Steel
- Cast Iron
- Alloy Based
- Others
Breakup by Valve Type:
- Trunnion Mounted Ball Valves
- Floating Ball Valves
- Rising Stem Ball Valves
Breakup by Size:
- Up To 1”
- 1-6”
- 6-25”
- 25-50”
- 50” and Larger
Breakup by End Use Industry:
- Oil & Gas
- Water & Wastewater Treatment
- Energy & Power
- Food & Beverages
- Chemicals
- Building & Construction
- Pulp & Paper
- Pharmaceuticals Metals & Mining
- Agriculture
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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