Global Forged Steel Trunnion Mounted Ball Valve Supply, Demand and Key Producers, 2023-2029

Global Forged Steel Trunnion Mounted Ball Valve Supply, Demand and Key Producers, 2023-2029

The global Forged Steel Trunnion Mounted Ball Valve market size is expected to reach $ 9481.4 million by 2029, rising at a market growth of 5.4% CAGR during the forecast period (2023-2029).

Ball valves use a rotating ball inside a pipe to allow and stop fluid flow with the help of an actuator. These valves provide precise control of overflow rates in a variety of industries including wastewater and chemicals. These industries use ball valves to ensure proper wastewater treatment. Hence, the growth of these industries supports the demand for ball valves, further driving the growth of the ball valves market. According to the European Environment Agency (EEA), in November 2021, Germany, Austria, the Netherlands and Luxembourg have treated 100% of their municipal wastewater as required by the directive. According to sources, other countries are also taking steps to thoroughly treat wastewater. In another 10 European countries, the urban sewage treatment compliance rate has reached over 90%. Ireland, Bulgaria, Romania, Croatia and Malta are at the other end of the spectrum, with less than half of the urban areas meeting the same criteria. Hence, the increasing installation of wastewater treatment plants in Europe is further driving the growth of the ball valve market. Africa is known for its improved living conditions and higher income levels for its residents. The rise in industrialization has stimulated the demand for electricity, which will drive the growth of the ball valve market in Europe in the coming years. France is pursuing various strategies to achieve its goal of net zero carbon emissions by 2050. The French government has developed a national low-carbon strategy that focuses on improving energy efficiency and increasing the use of renewable energy. According to June 2022 figures from the International Energy Agency (IEA), France's electricity generation will grow from 531,762 GWh in 2020 to 554,821 GWh in 2021. In addition, as electricity generation continues to rise, the government is focusing on building new power plant sources that generate electricity from renewable sources. The French president said in February 2022 that the country would build 14 new nuclear reactors by 2050 to make France carbon neutral by 2050. Growing electricity production and construction of new power plants will drive the demand for ball valves in the coming years to control fluid and gas flow and stop the flow immediately in emergency situations. To meet the growing demand for ball valves, market players are launching new advanced upgraded ball valves. As reported by SAPAG VALVES January 2021, PVI Valves presents the new three-piece ball valve GACHOT V15. It provides 360 degree orientation for the valve on the pipeline. Hence, this development of market players is driving the growth of the ball valve market in France. It provides 360 degree orientation for the valve on the pipeline. Hence, this development of market players is driving the growth of the ball valve market in France. It provides 360 degree orientation for the valve on the pipeline. Hence, this development of market players is driving the growth of the ball valve market in France.

Forged steel trunnion mounted ball valve is used for pipe cleaning. Pigging is a method of introducing a mechanical device, commonly referred to as pigs or scrapers, inside a pipeline to perform various internal maintenance operations.

This report studies the global Forged Steel Trunnion Mounted Ball Valve production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Forged Steel Trunnion Mounted Ball Valve, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Forged Steel Trunnion Mounted Ball Valve that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Forged Steel Trunnion Mounted Ball Valve total production and demand, 2018-2029, (K Units)

Global Forged Steel Trunnion Mounted Ball Valve total production value, 2018-2029, (USD Million)

Global Forged Steel Trunnion Mounted Ball Valve production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Forged Steel Trunnion Mounted Ball Valve consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Forged Steel Trunnion Mounted Ball Valve domestic production, consumption, key domestic manufacturers and share

Global Forged Steel Trunnion Mounted Ball Valve production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Forged Steel Trunnion Mounted Ball Valve production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Forged Steel Trunnion Mounted Ball Valve production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global Forged Steel Trunnion Mounted Ball Valve market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HARTMANN VALVES, Argus Machine, IMI PBM, Frontier Valve International, Tiger Valve, Jag Valves, Warren Valve, Bray and Camtech Manufacturing, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Forged Steel Trunnion Mounted Ball Valve market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Forged Steel Trunnion Mounted Ball Valve Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Forged Steel Trunnion Mounted Ball Valve Market, Segmentation by Type
Full Bore
Reduced Bore

Global Forged Steel Trunnion Mounted Ball Valve Market, Segmentation by Application
Energy Power
Chemical Industry
Water Treatment Industry
Others

Companies Profiled:
HARTMANN VALVES
Argus Machine
IMI PBM
Frontier Valve International
Tiger Valve
Jag Valves
Warren Valve
Bray
Camtech Manufacturing
Phoenix Specialty
Tremco Pipeline Equipment
Cactus Flow Products
New Dipper Valve
LETE VALVE
BROEN Valve Technologies

Key Questions Answered

1. How big is the global Forged Steel Trunnion Mounted Ball Valve market?

2. What is the demand of the global Forged Steel Trunnion Mounted Ball Valve market?

3. What is the year over year growth of the global Forged Steel Trunnion Mounted Ball Valve market?

4. What is the production and production value of the global Forged Steel Trunnion Mounted Ball Valve market?

5. Who are the key producers in the global Forged Steel Trunnion Mounted Ball Valve market?