Press release
Ball Valve Market Future Analysis to 2025; Cameron Schlumberger Inc., Crane Co., Curtiss Wright Corporation, Emerson Electric Co.
Global ball valve market is expected to grow from US$ 10.38 billion in 2016 to US$ 12.89 billion by 2025 at a CAGR of 2.44% between 2017 and 2025.Ball valve is a spherical closure unit, which enable on and off control of flow. Two-way ball valves are considered to be the most common and highly used ball valves. Two-way ball valves enables flow to travel straight from the inlet to the exit. Moreover, three-way and four-way ball valves enable the flow to travel in several directions, which includes 90 degree angles. Based on general body styles, ball valves can be categorized into four i.e. fully welded, split body, side or end-entry and top-entry. The body styles are differentiated based on the manufacture and assembly of the valve pieces. However, the function of all these valves are same in each type but each design has their own benefits.
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The report focuses on an in-depth segmentation of this market based by type, material, and end-user verticals. The geographic segmentation of the report covers five major regions including; North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user vertical, oil & gas accounted for the largest share of the ball valve market in 2016; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global ball valve market with detailed market segmentation. Also, it analyzes the current ball valve market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report includes the detailed company profiles of the key players in the market. The report also provide PEST analysis for all regions and SWOT analysis for all company profiled in the report.
APAC is one of the prominent regions in ball valve market which is anticipated to contribute highest revenue globally due to increasing industrialization and rapidly growing population resulting in increasing demand for oil & gas. Whereas, North America is the second highest contributor of the total market share of ball valve, being one of the leading producer of oil & gas.
Reasons to buy this report:
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global ball valve market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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Table of Content:
1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 10
2 Introduction 13
2.1 Scope of the Study 13
2.2 The Insight Partners Research Report Guidance 13
3 Key Takeaways 15
4 Ball Valve Market Landscape 18
4.1 Market Overview 18
4.2 Market Segmentation 19
4.2.1 Global Ball Valve Market - By Type 20
4.2.2 Global Ball Valve Market - By Material 21
4.2.3 Global Ball Valve Market - By End-user Vertical 21
4.2.4 Global Ball Valve Market - By Geography 21
4.3 PEST Analysis 23
4.3.1 North America PEST Analysis 23
4.3.2 Europe PEST Analysis 26
4.3.3 Asia Pacific PEST Analysis 29
4.3.4 Middle East & Africa PEST Analysis 31
4.3.5 South America PEST Analysis 34
5 Global Ball Valve Market - Key Industry Dynamics 36
5.1 Key Market Drivers 36
5.1.1 Oil & Gas Exploration 36
5.1.2 Emergence of IIOT 36
5.1.3 Demand for Process Safety 37
5.2 Key Market Restraints 38
5.2.1 Slowdown of mining Industry in APAC, South America and Africa region 38
5.3 Key Market Opporunities 38
5.3.1 New Material Development: 38
5.4 Future Trends 39
5.4.1 Emergence of Connected valves 39
5.5 Impact Analysis of Drivers and Restraints 40
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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Email: sales@theinsightpartners.com
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