Ball Valves Market projected to reach $15.2 billion by 2024 | Key players include Emerson, Flowserve corporation, Cameron Schlumberger and Metso
Browse 72 market data Tables and 50 Figures spread through 152 Pages and in-depth TOC on "Ball Valves Market - Global Forecast to 2024"
View detailed Table of Content here -
Oil & gas industry to hold the largest share of the ball valves market in 2019
By industry, the oil & gas leads the ball valves market. Recent uptrend in the oil & gas industry, the latest discovery of shale gas in North America, and increasing demand for cleaner fuels are the major factors that are likely to drive the ball valves market growth in the next few years. In addition, the increased production of crude oil in the Middle East will be due to the uptrend in the oil production in the coming years and the activation of oil rigs in the region, resulting in high demand for ball valves.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80882742&utm_source=OpenPR
Market for cryogenic material to grow at the highest CAGR during the forecast period
The ball valves market for cryogenic material is expected to witness the highest growth during the forecast period. Uptrend in the oil & gas industry and increased focus on cleaner fuels will boost the market for natural gas production and transportation, which, in turn, will boost the demand for cryogenic ball valves during the forecast period. Cryogenic valves are used in the oil and gas industry at a cryogenic temperature starting from –238ºF. The production, transport, and storage of liquefied gases such as oxygen, nitrogen, argon, natural gas, hydrogen, or helium present several technical problems. This demand generates the need for cryogenic material to handle cryogenic temperature safely.
APAC expected to hold largest share of ball valves market in 2019
APAC is expected to hold the largest share of the ball valves market in 2019. The growth is mainly attributed to the numerous initiatives taken by the government to encourage the implementation of IoT in the companies in APAC. The dense population; the presence of automotive, chemical, pharmaceutical, oil and gas, and metal and mining industries in the region; and the growing per capita income with increasing industrialization are the major factors driving the growth of the ball valves market in APAC.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=80882742&utm_source=OpenPR
A few key players operating in the ball valves market are Emerson (US), Flowserve corporation (US), Cameron Schlumberger (US), Metso (Finland), and IMI PLC (UK).
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ball Valves Market projected to reach $15.2 billion by 2024 | Key players include Emerson, Flowserve corporation, Cameron Schlumberger and Metso here
News-ID: 1827368 • Views: 265
More Releases from MarketsandMarkets™
Near Infrared Imaging/NIR Market - Industry Share Analysis, Key Players and Futu …
The Research Report on "Near Infrared Imaging/NIR Market by Product (Fluorescence Imaging, Reagents), Application (Preclinical, Clinical, Medical), Procedure (Cancer, GIT, Plastic surgery), Enduser (Hospital, Clinics, Researchers, Pharma-biotech) (2022 - 2026)", is expected to grow from an estimated USD 0.8 billion in 2021 to USD 1.6 billion by 2026, at a CAGR of 14.0%. Growing number of surgical procedures globally; Globally, the number of surgical procedures is on the rise owing to the
Endoscope Reprocessing Market - Industry Share Analysis, Key Players and Future …
The Research Report on "Endoscope Reprocessing Market by Product (HLD and Test Strips, Detergents & Wipes, Automated Endoscope Reprocessors (AER), Endoscope Drying, Storage, & Transport Systems, Tracking Solutions), End User (Hospitals, ASCs & Clinics) (2022 - 2027), is projected to reach USD 3.8 billion by 2027 from USD 2.4 billion in 2022, at a CAGR of 9.7% from 2022 to 2027. Increasing requirement for endoscopy to diagnose and treat target diseases; Endoscopy
Chatbot Market Size, Share, Trends, Current and Future Analysis | $10.5 billion …
Chatbot Market size to grow from USD 2.9 billion in 2020 to USD 10.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period. The adoption of chatbot solutions is considerable and is projected to grow at a good pace in the coming years. Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=72302363 One of the factors contributing to the growth of the chatbot market is the increase in
Business Process Automation Market 2022-2026 Present Scenario and Growth Prospec …
Business Process Automation Market by Component, Deployment Type, Organization Size, Business Funtion (Sales and Marketing, HR, Acoounting and Finance, Supply Chaixn, Customer Service Support) Vertical, and Region - Global Forecast to 2026", size is expected to grow from USD 9.8 billion in 2020 to USD 19.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period. The Increased need for optimized resource utilization through
More Releases for MarketsandMarkets
IoT Professional Services Market worth $149.9 billion by 2026 | MarketsandMarket …
According to a new market research report "IoT Professional Services Market by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2%
Electric Powertrain Market Insights by 2027| MarketsandMarkets
The Global Electric Powertrain Market size is projected to reach $191.4 billion by 2027, from an estimated $62.9 billion in 2019, at a CAGR of 14.9 %. The electric powertrain market is expected to witness rapid growth due to stringency in emission norms which is pushing automakers to come up with electrified powertrain technologies. Between 2025 and 2030, emission standards would require automakers to reduce CO2 emissions by 15% and
Automotive Interior Market - Global Forecast to 2025 | MarketsandMarkets
According to the new market research report "Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region - Global Forecast to 2025 " Published by MarketsandMarkets™, The global Automotive Interior Market is projected to reach USD 153.8 billion by 2025 from USD 123.2 billion in 2020, at a CAGR of 8.8% during the forecast
Automotive Fuse Market Insights by 2025| MarketsandMarkets
The Automotive Fuse Market is projected to grow at a CAGR of 6.84% during the forecast period, to reach $24.33 Billion by 2025 from $14.33 Billion in 2017. The market is estimated to grow in the near future owing to various factors such as an increase in vehicle production, growing electrification, growing importance of safety & comfort features in mid-segment vehicles which will lead to increase in the number of
Global Connected Car Market by 2025| MarketsandMarkets
According to recent research "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", The global connected car market is estimated to be USD 72.89 billion in 2017 and is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand