Press release
Ball Valves Market to reach USD 15.55 Bn by 2029, Technological Advancements and Growth Opportunities
Ball Valves Market
Ball Valves Market Report Scope and Research Methodology
Ball valves are a widely-used spherical closure unit that enables on and off control of flow. Two-way ball valves are the most common and highly used types. The global ball valve market uses ball valves in various sectors such as aerospace and defense, and oil and gas. The demand for ball valves is rising due to the increasing industrialization of developing economies.
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The report includes a PESTLE analysis, competitive landscape, and Porter's five force model. A market attractive analysis benchmarks all segments based on market size, growth rate, and general attractiveness. The report also includes a detailed study and analysis of market drivers, restraints, and opportunities influencing the growth of the global ball valves market.
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Ball Valves Market Dynamics
The increasing need for ball valves due to industrialization in developing economies, the emergence of the Internet of Things for customized products, and rigorous upgrading of power infrastructure in countries like China are driving the growth of the global ball valves market. Ball valves are instrumental in the control and operation of several renewable energy processes, which further drives demand.
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The high cost of manufacturing and maintenance of ball valves may hamper market growth. Additionally, the availability of alternative valves may pose a challenge to the growth of the ball valves market.
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Ball Valves Market Regional Insights
The Asia-Pacific region dominates the global ball valves market due to its established electronics industry and adoption of innovative technologies. Growing urbanization and rapid industrialization in emerging economies, such as China and South Korea, are driving demand. Energy infrastructure investments are flourishing in the Asia-Pacific region with increasing demand for electricity, which is driving the industry growth.
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Ball Valves Market Segmentation
By Material Type
Alloy Based
Bronze
Brass
Steel
Cast Iron
By Type
Floating
Rising Stem
Trunnion Mounted
By Size
Up to 1"
1"-6"
6"-25"
25"-50"
50" and Above
By End-User
Chemicals
Food & Beverage
Pharmaceuticals
Building & Construction
Aerospace & defence
Oil & Gas
Water & Wastewater
Energy & Power
Utilities
Ball Valves Market Key Competitors include:
Merson
Flowserve Corporation
Cameron-Schlumberger Ltd.
Crane Co.
IMI PLC.
Kitz Corporation
Metso
Neway Valves Co. Ltd.
Velan Inc.
Weir Group PLC
Burkert Fluid Control Systems
Curtiss-Wright Corporation
Alfa Laval
Apollo Valves
Valvitalia S.P.A
Alfa Laval AB
Swagelok Company
MRC Global Inc.
Emerson Electric Company
Weir Group.
Table of Content for Ball Valves Market
Global Ball Valves Market: Research Methodology
Global Ball Valves Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Ball Valves Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Ball Valves Market Segmentation
Global Market, by Material Type (2021-2029)
Global Market, by Type (2021-2029)
Global Market, by Size (2021-2029)
Global Market, by End-User (2021-2029)
Regional Ball Valves Market (2021-2029)
Regional Market, by Material Type (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Size (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Material Type, Type, Size , End-User and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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