Global Ball Valve Market Growth 2023-2029

Global Ball Valve Market Growth 2023-2029

A ball valve is a device with a spherical closure unit that provides on/off control of flow. The sphere has a port, also known as a bore, through the center. When the valve is positioned such that the bore is aligned in the same direction as the pipeline, it is in open position and fluid can flow through it. When rotated 90 degrees, the bore becomes perpendicular to the flow path, meaning the valve is closed and the fluid cannot pass through.

LPI (LP Information)' newest research report, the “Ball Valve Industry Forecast” looks at past sales and reviews total world Ball Valve sales in 2022, providing a comprehensive analysis by region and market sector of projected Ball Valve sales for 2023 through 2029. With Ball Valve sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ball Valve industry.

This Insight Report provides a comprehensive analysis of the global Ball Valve landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ball Valve portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ball Valve market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ball Valve and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ball Valve.

The global Ball Valve market size is projected to grow from US$ 12890 million in 2022 to US$ 12800 million in 2029; it is expected to grow at a CAGR of 12800 from 2023 to 2029.

Global Ball Valve key players include Tyco International, Emerson Electric, Flowserve, Kitz, IMI plc, etc. Global top five manufacturers hold a share over 10%.

China is the largest market, with a share over 40%, followed by US and Europe, both have a share about 50%.

In terms of product, Stainless Steel Ball Valves is the largest segment, with a share over 20%. And in terms of application, the largest application is Oil and Gas, followed by Energy Power, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Ball Valve market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation 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

Others

Segmentation by application

Oil and Gas

Energy Power

Chemical

Water Treatment

Paper Making

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ball Valve market?

What factors are driving Ball Valve market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ball Valve market opportunities vary by end market size?

How does Ball Valve break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.