Global Ball Valves Market Size 2018 Industry Growth and Top Key Companies Analysis: Alfa Laval, Emerson Electric, Weir Group, Curtiss-Wright, Bürkert Fluid Control Systems, Weir Group, Velan, Inc., KITZ CORPORATION, Cameron, a Schlumberger company
Market Analysis: Global Ball Valves Market
The Global Ball Valves Market accounted to USD 12.0 billion in 2016 growing at a CAGR of 3.0% during the forecast period of 2017 to 2024.
The Asia-pacific is the fastest growing in this market due to increasing development in these countries.
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Major Market Competitors: Global Ball Valves Market
Some of the major players operating in Ball Valves Market are
• Flowserve Corporation
• Cameron–Schlumberger Ltd.,
• Crane Co.
• IMI PLC.
Kitz Corporation, Metso, Neway Valves Co. Ltd., Velan Inc., Weir Group PLC, Burkert Fluid Control Systems, Curtiss-Wright Corporation, Alfa Laval, Apollo Valves, Valvitalia S.P.A , Alfa Laval AB, Swagelok Company, MRC Global Inc., Emerson Electric Company, Weir Group, among others. In 2017, Emerson acquired Pentair Valves & Controls, which will integrate into its automation solutions platform.
Major Market Drivers and Restraints:
• Process Plant Modernization
• Increase in Energy Consumption
• Increasing Manufacturing Industry
• Demand for Process Safety
• Slowdown of the Mining Industry in APAC, Latin America, and Africa
• Industrial valves manufacturers
• Professional services/solutions providers
• Government bodies, venture capitalists, and private equity firms
• Process industry standard organizations and regulatory authorities
• Research institutes and organizations
• Associations of valve manufacturers
• Government bodies, venture capitalists, and private equity firms
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Market Segmentation: Global Ball Valves Market
On the basis of type:
• Synchronous Floating
• Rising Stem
• Trunnion Mounted
On the basis of material used:
• Alloy Based
• Cast Iron
On the basis of end-user:
• Food & Beverage
• Building & Construction
• Aerospace & defense
• Oil & Gas
• Water & Wastewater
• Energy & Power
On the basis of geography:
• North America
• South America
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Key Highlights of Report
• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Ball Valves Market?
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