Title: Ball Valves Market (1)
1Global Ball Valves Market Industry Trends and
Forecast to 2026
Global Ball Valves Market By Material (Stainless
Steel, Cast Iron, Alloy Based, Cryogenic, Others,
(Brass, Bronze, Plastic), Valve Type(Trunnion
Mounted ball valves, Floating Ball Valve, Rising
Stem Ball Valve), Size (Up to 1, 1 to 6, 6 to
25, 25 to 50, 50 and Larger), Industry (Oil
Gas, Energy Power, Chemicals, Water
Wastewater , Building Construction,
Pharmaceuticals, Agriculture, Metal Mining,
Paper Pulp, Food Beverages, Others)
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2Report Description
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. A ball
valve is a form of quarter-turn valve which uses
a hollow, perforated and pivoting ball (floating
ball) to control flow through it. The ball valves
are being used in the various sectors such as
aerospace defence, oil and gas industry and
among them. The market of ball valve is growing
because of various factors such as evolution of
IOT and developments in automation ecosystem such
as mergers acquisitions, collaborations,
increasing demand for industrialization in
emerging economies, and demand for process
safety.
3Major Key Players
- Some of the major players operating in this
market are - Emerson Electric Co.(US)
- Flowserve Corporation (US)
- Schlumberger Ltd. (US)
- Crane Co. (US)
- IMI Plc. (Finland)
- Kitz Corporation (Japan)
- Metso Corporation(Finland)
- Neway valve. (China)
- Emerson Electric Co (US)
- Velan Inc.( Canada)
- The Weir Group PLC (UK)
- Burkert Fluid Control Systems (Germany)
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4Market Segmentation
- By Material (Stainless Steel, Cast Iron, Alloy
Based, Cryogenic, Others, (Brass, Bronze,
Plastic), - By Valve Type (Trunnion Mounted ball valves,
Floating Ball Valve, Rising Stem Ball Valve) - By Size (Up to 1, 1 to 6, 6 to 25, 25 to
50, 50 and Larger), - By Industry (Oil Gas, Energy Power,
Chemicals, Water Wastewater , Building
Construction, Pharmaceuticals, Agriculture, Metal
Mining, Paper Pulp, Food Beverages, Others),
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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