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Ball Valve Market

Ball Valve Market Forecasts to 2028 – Global Analysis By Type (Single Router, Multi Router), Product (Full Port, Reduced Port, Standard Port), Size (Up To 1, 1”–6”, 6”–25”, 25-50) and By Geography

4.4 (82 reviews)
Published: October 2021 ID: SMRC21103
4.4 (82 reviews)
Published: October 2021 ID: SMRC21103

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Ball Valve Market is accounted for $8.24 billion in 2020 and is expected to reach $24.35 billion by 2028 growing at a CAGR of 14.5% during the forecast period. Usage of cast iron in machines, pipes, and the automotive industry and increasing construction of nuclear power stations are driving the market growth. However, lack of standardized norms and governing policies and strong pricing pressure owing to the convenience of local are hampering the growth of the market.

Ball Valves are used for pressure and flow control and closed off for harsh fluid, normal liquids, and gasses. Ball Valves is a form of quarter-turn valve which has a perforated, hollow, and pivoting ball to control flow through it. The valve is open when the ball’s hole is in the line with the flow and closed when a hole is turned right-angled by the valve handle. And the handle is perpendicular then it is closed and flat in alignment when it is open. Ball valves are dependable, robust, perform well even after many cycles and close securely or work properly even after a long period of disuse.

Based on the end-user, the water & wastewater treatment segment is going to have lucrative growth during the forecast period. The growth is accredited to numerous factors such as growing demand for desalination and wastewater treatment plants. Moreover, government initiatives have been taken to offer safe and consumable water is motivating the growth of this segment.

By geography, Asia Pacific is going to have high growth during the forecast period, owing to rapidly growing urbanization and population base in developing economies such as India, China. Furthermore, rising industrialization in emerging countries has increased the demand for markets across the province.

Some of the key players profiled in the Ball Valve Market include ALFA LAVAL, CIRCOR International Inc., Crane Co., Castel SRL, Sanhua USA, Curtiss-Wright Corporation, Danfoss A/S, Emerson Electric Co, Georg Fischer Ltd, Flowserve Corporation, Hitachi Ltd, Honeywell International Inc., KITZ Corporation, Mueller Water Products Inc.

Types Covered:
• Single Router
• Multi Router

Products Covered:
• Full Port
• Reduced Port
• Standard Port
• V Port   

Sizes Covered:
• Up To 1
• 1”–6”
• 6”–25”
• 25-50
• 50 and Larger   

Valve Types Covered:
• Floating Ball Valves
• Rising Stem Ball Valves
• Trunnion Mounted Ball Valves

Materials Covered:
• Alloy Based
• Brass
• Bronze
• Cast Iron
• Cast Steel
• Cryogenic
• Others
• Plastic
• Stainless Steel

End Users Covered:
• Aerospace & Defence
• Agriculture
• Building & Construction
• Chemicals
• Energy & Power
• Food & Beverages
• Healthcare
• Oil and Gas
• Metal and Mining
• Pharmaceuticals
• Pulp & Paper
• Sewage Systems
• Submarine
• Transportation
• Utilities
• Water & Wastewater Treatment

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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