Ball Valve Market Size, Top Companies, Trends, Growth Factors and Forecast to 2027
Ball Valve Market is envisaged to record an expansion at the CAGR of 12.6% over the forecast period, 2021 – 2027
Request for Free Sample Here:
The impact of COVID-19 has not been the same on the vendors since some of them offer and service ball valves only for the food sector, while others offer only for the oil and gas sector. Vendors who cater to food processing are nowadays most profitable since the manufacturing of food-related items have been deemed under essential services, and those facilities have been working extra hours to fulfill the demand. The pandemic has disrupted the maintenance of oil and gas projects and refineries space which is already impacted due to slumping prices. The price of Brent crude oil plummeted in March 2020, and, despite recovering, partly as the result of record cuts to production agreed by OPEC, closed at USD 40 (for the August contract) on the 24th June 2020. (source: OPEC). Repairs of valves are regularly needed to keep wells pumping, pipelines and refineries functioning. However, due to global lockdown, the maintenance activities have been halted, due to which there is an increased risk of glitches or unplanned outages.
The major players covered in the Ball Valve Market:
Tyco International, Emerson Electric, Flowserve, Kitz, IMI plc, Cameron, GE, Crane Company, Metso, Rotork, Circor, VELAN, KSB, VANATOME, Watts Water Technologies, Bray, GEMU, Spirax Sarco, NEWAY, Chengdu Chengfeng Valve Group, Henan Kaifeng High Pressure Valve, YuanDa Valve Group, CNNC Sufa Technology Industry, BVMC, Shandong Yidu Valve Group Corp, Dazhong Valve Group, DunAn, SHK, DV VALVE, FangYuan Valve Group
Ball Valve Breakdown Data by Type
Stainless Steel Ball Valves
Carbon Steel Ball Valves
Bronze Ball Valves
Brass Ball Valves
Alloy Ball Valves
Cast Iron Ball Valves
Cast Steel Ball Valves
Ball Valve Breakdown Data by Application
Oil and Gas
North America is Expected to Dominate the Market
The Department of the Interior (DoI) of the United States estimates that this program could discover approximately 98% of the technically recoverable oil and gas resources in federal offshore areas to be available for exploration and development by 2020. Besides, the country has also unveiled a new Draft Proposed Program (DPP), which includes 47 potential lease sales in 25 of the 26 planning areas, indicating high exploratory activity in the region over the forecast period. The United States is home to iconic hydropower projects. The Grand Coulee Dam, built across the Columbia River in Washington, is one of the best hydropower projects, which generates about two-thirds of the state's electricity requirement. In April 2019, the US Department of Energy (DOE) announced funding of up to USD 26.1 million to advance the marine and hydrokinetics (MHK) industry and increase hydropower’s ability for serving as a flexible grid resource as a part of innovation drive for industry-led technology solutions. In July 2019, GE Renewable Energy signed an agreement with the US government for two hydropower contracts. One of these contracts is for the Northfield Mountain pumped hydro storage station, and the other is for the PG&E’s Caribou One hydropower station. Such initiative would lead to the market demand.
Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the Ball Valve Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
The report offers an in-depth assessment of the growth and other aspects of the Ball Valve Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.
Buy Report Here:
Table of Contents:
Global Ball Valve Market Research Report 2021
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 - Manufacturing Cost Analysis
Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 - Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global Ball Valve Market Forecast
Impact of Covid-19:
The COVID-19 pandemic had a minor impact on the Ball Valve Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy. Aside from concerns with exports and imports, the growth of Germany's manufacturing industry has been limited by the closure of production sites and a slowdown in operations to combat COVID-19's spread.
The Global Ball Valve Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: firstname.lastname@example.org
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 Valve Market Size, Top Companies, Trends, Growth Factors and Forecast to 2027 here
News-ID: 2484469 • Views: 153
More Releases from Market Insights Reports
Print Media Market Global Competition and Business Outlook 2022-News Corp; Pears …
The Print Media Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of
Web Content, Search Portals And Social Media Market Analysis, Status and Busines …
The Web Content, Search Portals And Social Media Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Information Services Market 2022 Growth, Trend, Opportunity and Future Outlook 2 …
The Information Services Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of
Film And Music Market Analysis by Recent Developments and Business Outlook 202 …
The Film And Music Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact
More Releases for Valve
Global Pinch Valve Market 2019 - Red Valve, AKO, Festo, WAMGROUP
This new report by Eon Market Research, titled “Global Pinch Valve Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Pinch Valve industry at a global as well as regional and country level. Key facts analyzed in this report include the Pinch Valve market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study
Global Control Valve Market
Global Control Valve Market is segmented by type, by components, application, and by region. In terms of type, Ball Valve, Butterfly Valve, Globe Valve, Cryogenic Valve. For More information visit:https://www.maximizemarketresearch.com/market-report/global-control-valve-market/17135/ Switches, Actuator, Transducer are the components segment of the Control Valve market. Chemical, Pharmaceutical, Automotive, Oil & Gas, Metal & Mining are application segment of Control Valve market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa, and Latin
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure. According to Fact.MR’s
Corrosion-resistant Dosing Valve Market -
The global corrosion-resistant dosing valve market is prognosticated to gain support from a high preference over solenoid valves in classic chemical dosing applications. There could be two rational reasons why corrosion-resistant dosing valve is more of a preferred option than solenoid valve. First of all, new products introduced in the market such as GF Piping Systems’ 604/605 dosing valve have a minimal count of metal parts, which make them easy
Prosthetic Heart Valve Market
Prosthetic (artificial) heart valve refers to a device implanted in the heart of a patient suffering from valvular heart disease. A cardiac surgery is performed to replace the abnormal heart valve with a prosthetic heart valve. Replacement of a diseased valve with a prosthetic heart valve results in reduction in morbidity and mortality associated with the cardiac valve disorder. When the treatment of heart valve disease reaches a stage where
Global Instrumentation Metering Valve
Report Hive Market Research Released a New Research Report of 163 pages on Title "Global Instrumentation Metering Valve" with detailed Analysis, Forecast and Strategies. A valve is a gadget that manages, coordinates or controls the stream of a liquid (gasses, fluids, fluidized solids, or slurries) by opening, shutting, or in part impeding different paths. Valves are actually fittings, however are generally examined as a different class. In an open valve,