Press release
Ball Valves Market 2019: Global Competitive Analysis on Emerson Electric Co.(US), Flowserve Corporation (US), Schlumberger Ltd. (US), Crane Co. (US), IMI Plc. (Finland), Kitz Corporation (Japan), Metso Corporation(Finland), Neway valve (China), Emerson El
Ball Valves Market
Data collection modules with large sample sizes are used to pull together data and perform base year analysis. This Ball Valves Market research report is formed with a nice combination of industry insight, smart solutions, practical solutions and newest technology to give better user experience. To perform this market research study, competent and advanced tools and techniques have been used that include SWOT analysis and Porter's Five Forces Analysis. This Ball Valves Market report gives information about company profile, product specifications, capacity, production value, and market shares for each company for the year 2019 to 2025 under the competitive analysis study.
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Major Market Competitors/Players
Few of the major competitors currently working in ball valves market are Emerson Electric Co.(US), Flowserve Corporation (US), Schlumberger Ltd. (US), Crane Co. (US), IMI Plc. (Finland), Kitz Corporation (Japan), Metso Corporation(Finland) Neway valve. (China). Emerson Electric Co (US) (US) ,Velan Inc.( Canada), The Weir Group PLC (UK), Burkert Fluid Control Systems (Germany), Curtiss-Wright Corporation (US), Alfa Laval (Sweden), Apollo Valves (US), Valvitalia S.P.A (Italy) , Swagelok Company (US), MRC Global Inc. (US), , Astech Valve Co. Ltd. (Taiwan), Cameron International Corporation(US), Dwyer Instruments Inc. (US), Flomatic Corporation (US), Forum Energy Technology (US) , among others.
Ball Valves Market is expected to rise from its initial estimated value of USD 12.82 billion in 2018 to an estimated value of USD 16.75billion by 2026, registering a CAGR of 3.4% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits associated with Process Plant Modernization. Also the Global Ball Valves Market By Material (Stainless Steel, Cast Iron, Alloy Based, Cryogenic, Others, (Brass, Bronze, Plastic)}, Valve Type(Trunnion Mounted ball valves, Floating Ball Valve, Rising Stem Ball Valve), Size (Up to 1”, 1” to 6”, 6” to 25”, 25” to 50”, 50” and Larger), Industry (Oil & Gas, Energy & Power, Chemicals, Water & Wastewater , Building & Construction, Pharmaceuticals, Agriculture, Metal & Mining, Paper & Pulp, Food & Beverages, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Forecast to 2026
Key Developments in the Market:
In December 2018, Emerson acquires Advanced Engineering Valves. Advanced Engineering Valves is a manufacturer of valve technology for LNG industry. By this acquisition Emerson has become biggest player in LNG industry.
In April 2017, Emerson Acquired Pentair Valves & Controls. By this acquisition Emerson growed globally in automation, chemical, power, refining, mining and oil and gas. Emerson is a global technology and engineering company providing solutions in industrial, commercial, and residential markets.
Segmentation: Global Ball Valves Market
By Material
• Stainless Steel
• Cast Iron
• Alloy Based
• Cryogenic
• Others
o Brass
o Bronze
o Plastic
By Valve Type
• Trunnion Mounted ball valves
• Floating Ball Valve
• Rising Stem Ball Valve
By Size
• Up to 1”
• 1” to 6”
• 6” to 25”
• 25” to 50”
• 50” and Larger
By Industry
• Oil & Gas
• Energy & Power
• Chemicals
• Water & Wastewater
• Building & Construction
• Pharmaceuticals
• Agriculture
• Metal & Mining
• Paper & Pulp
• Food & Beverages
• Others
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
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Market Drivers:
• High demand for modernized process plant is expected to act as a driver to the market growth
• There is increase in energy consumption due to industrialization, urbanization, and smart city initiatives this is driver for the market.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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