PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497712
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497712
Ball Valves Market Size and Share Analysis by Material, Type, Size in Inches, Industry - Global Industry Revenue Estimation and Demand Forecast to 2030
Key Highlights
The ball valves market was valued at USD 13,829.5 million in 2023, and it will rise to USD 21,329.1 million, powering at a 6.5% compound annual growth rate, by 2030.
The growing urbanization and population have resulted in instant developments in the industrial infrastructure.
Due to the combination of ideal inventions and the knowledge to direct them, many cities can respond to transportation, energy, education, and medical care demands, and natural disasters precisely and rapidly, while upgrading community sustainability, inclusion, and resilience.
Cities are beginning to change municipal functions, from transport to infrastructure repair.
The ball valves industry will gain from the rising emphasis on the development of various sectors, such as chemicals, oil & gas, energy & power, and water & wastewater treatment.
Sectors managing dangerous materials like oils, petrochemicals, synthetic compounds, and gases, are governed by strict safety guidelines.
Ball valves, being important in monitoring the flow of these materials, are required to comply with these safety guidelines to avoid accidents and leaks and guarantee operational safety.
Guidelines generally aim to improve operational effectiveness by guaranteeing that the equipment utilized in industrial procedures meets specific performance criteria.
Ball valves that provide greater efficiency, decreased maintenance needs, and accurate control, align more with these guidelines, therefore supporting their acceptance.
Key Insights
North America was the second-largest contributor to the industry in 2023, with a 25% share.
This can be because of the continuing smart city construction, which is boosting the utilization of innovative ball valves connected to the internet and remotely controllable.
The continent is also home to key participants, who are progressively concentrating on R&D to enhance the functionality and quality of their goods.
APAC will advance at a 12% compound annual growth rate during this decade. Their high quality, extensive functionality, and great strength make them prevalent across major areas like water treatment, manufacturing, and oil & gas.
The widespread infrastructure expansion and urbanization in this region are directly accountable for this surging acceptance.
The stainless-steel category was the largest contributor to the industry in 2023, with a 45% share. Due to its strength and excellent corrosion resistance, stainless steel is ideal for applications involving corrosive liquids & gases.
This possession is substantial for sectors like oil & gas, water treatment, and chemical processing, where corrosion resistance is essential.
The trunnion-mounted category is likely to propel at an 8% compound annual growth rate during this decade. These types are described by additional mechanical security to the ball at the base and the top to the valve body, which enhances their strength.
This design is employed to manage greater pressures and bigger sizes in severe situations, where drifting ball valves are not as effective.
The 1-5 inches category will advance at the highest compound annual growth rate, of 10%, in the years to come.
Valves this size find wide acceptance in oil & gas plants, water treatment, air conditioning frameworks, chemical handling, and various other applications.
The ball valves industry is highly competitive, key companies are involved in widespread product development to enhance their presence.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by material
- 1.4.2. Market size breakdown, by type
- 1.4.3. Market size breakdown, by size
- 1.4.4. Market size breakdown, by industry
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Material (2017-2030)
- 6.3. Market Revenue, by Type (2017-2030)
- 6.4. Market Revenue, by Size (2017-2030)
- 6.5. Market Revenue, by Industry (2017-2030)
- 6.6. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Material (2017-2030)
- 7.3. Market Revenue, by Type (2017-2030)
- 7.4. Market Revenue, by Size (2017-2030)
- 7.5. Market Revenue, by Industry (2017-2030)
- 7.6. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Material (2017-2030)
- 8.3. Market Revenue, by Type (2017-2030)
- 8.4. Market Revenue, by Size (2017-2030)
- 8.5. Market Revenue, by Industry (2017-2030)
- 8.6. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Material (2017-2030)
- 9.3. Market Revenue, by Type (2017-2030)
- 9.4. Market Revenue, by Size (2017-2030)
- 9.5. Market Revenue, by Industry (2017-2030)
- 9.6. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Material (2017-2030)
- 10.3. Market Revenue, by Type (2017-2030)
- 10.4. Market Revenue, by Size (2017-2030)
- 10.5. Market Revenue, by Industry (2017-2030)
- 10.6. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Material (2017-2030)
- 11.3. Market Revenue, by Type (2017-2030)
- 11.4. Market Revenue, by Size (2017-2030)
- 11.5. Market Revenue, by Industry (2017-2030)
- 11.6. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Material (2017-2030)
- 12.3. Market Revenue, by Type (2017-2030)
- 12.4. Market Revenue, by Size (2017-2030)
- 12.5. Market Revenue, by Industry (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Material (2017-2030)
- 13.3. Market Revenue, by Type (2017-2030)
- 13.4. Market Revenue, by Size (2017-2030)
- 13.5. Market Revenue, by Industry (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Material (2017-2030)
- 14.3. Market Revenue, by Type (2017-2030)
- 14.4. Market Revenue, by Size (2017-2030)
- 14.5. Market Revenue, by Industry (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Material (2017-2030)
- 15.3. Market Revenue, by Type (2017-2030)
- 15.4. Market Revenue, by Size (2017-2030)
- 15.5. Market Revenue, by Industry (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Material (2017-2030)
- 16.3. Market Revenue, by Type (2017-2030)
- 16.4. Market Revenue, by Size (2017-2030)
- 16.5. Market Revenue, by Industry (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Material (2017-2030)
- 17.3. Market Revenue, by Type (2017-2030)
- 17.4. Market Revenue, by Size (2017-2030)
- 17.5. Market Revenue, by Industry (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Material (2017-2030)
- 18.3. Market Revenue, by Type (2017-2030)
- 18.4. Market Revenue, by Size (2017-2030)
- 18.5. Market Revenue, by Industry (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Material (2017-2030)
- 19.3. Market Revenue, by Type (2017-2030)
- 19.4. Market Revenue, by Size (2017-2030)
- 19.5. Market Revenue, by Industry (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Material (2017-2030)
- 20.3. Market Revenue, by Type (2017-2030)
- 20.4. Market Revenue, by Size (2017-2030)
- 20.5. Market Revenue, by Industry (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Material (2017-2030)
- 21.3. Market Revenue, by Type (2017-2030)
- 21.4. Market Revenue, by Size (2017-2030)
- 21.5. Market Revenue, by Industry (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Material (2017-2030)
- 22.3. Market Revenue, by Type (2017-2030)
- 22.4. Market Revenue, by Size (2017-2030)
- 22.5. Market Revenue, by Industry (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Material (2017-2030)
- 23.3. Market Revenue, by Type (2017-2030)
- 23.4. Market Revenue, by Size (2017-2030)
- 23.5. Market Revenue, by Industry (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Material (2017-2030)
- 24.3. Market Revenue, by Type (2017-2030)
- 24.4. Market Revenue, by Size (2017-2030)
- 24.5. Market Revenue, by Industry (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Material (2017-2030)
- 25.3. Market Revenue, by Type (2017-2030)
- 25.4. Market Revenue, by Size (2017-2030)
- 25.5. Market Revenue, by Industry (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Material (2017-2030)
- 26.3. Market Revenue, by Type (2017-2030)
- 26.4. Market Revenue, by Size (2017-2030)
- 26.5. Market Revenue, by Industry (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Material (2017-2030)
- 27.3. Market Revenue, by Type (2017-2030)
- 27.4. Market Revenue, by Size (2017-2030)
- 27.5. Market Revenue, by Industry (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Material (2017-2030)
- 28.3. Market Revenue, by Type (2017-2030)
- 28.4. Market Revenue, by Size (2017-2030)
- 28.5. Market Revenue, by Industry (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Emerson Electric Co.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Flowserve Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. KITZ Corporation
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Trillium Flow Technologies
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. SLB
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. International Management Institute
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Valmet
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Crane Company
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Spirax Sarco Limited
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Bray International
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Velan Inc.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Neway Valve
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
