Press release
Global Ball Valve Market to witness Impressive Growth in Production - Consumption Ratio through 2025 Leading Players are KITZ Corporation, Metso Corporation, Valvitalia SpA and Velan
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 global Ball Valve market accounted for US$ 10.38 Bn in 2016 and is expected to grow at a CAGR of 2.44% during the forecast period 2017 - 2025, to account for US$ 12.89 Bn in 2025.
The major industry players Cameron Schlumberger Inc., Crane Co., Curtiss Wright Corporation, Emerson Electric Co., Flowserve Corporation, IMI PLC, KITZ Corporation, Metso Corporation, Valvitalia SpA and Velan Inc. among others.
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Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Ball Valve Market.
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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.
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.
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.
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Reason to Buy:-
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global ball valve market
- 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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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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