Global Trunnion Block-Mounted Ball Valves Market Growth 2024-2030

Global Trunnion Block-Mounted Ball Valves Market Growth 2024-2030

Trunnion Block-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.

The global Trunnion Block-Mounted Ball Valves market size is projected to grow from US$ 6254.9 million in 2023 to US$ 9287.3 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Trunnion Block-Mounted Ball Valves Industry Forecast” looks at past sales and reviews total world Trunnion Block-Mounted Ball Valves sales in 2023, providing a comprehensive analysis by region and market sector of projected Trunnion Block-Mounted Ball Valves sales for 2024 through 2030. With Trunnion Block-Mounted Ball Valves sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Trunnion Block-Mounted Ball Valves industry.

This Insight Report provides a comprehensive analysis of the global Trunnion Block-Mounted Ball Valves 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 Trunnion Block-Mounted Ball Valves portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Trunnion Block-Mounted Ball Valves market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Trunnion Block-Mounted Ball Valves 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 Trunnion Block-Mounted Ball Valves.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Trunnion Block-Mounted Ball Valves market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Full Bore
Reduced Bore

Segmentation by application
Energy Power
Chemical Industry
Water Treatment Industry
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.
HARTMANN VALVES
Argus Machine
IMI PBM
Frontier Valve International,
Tiger Valve
Jag Valves
Camtech Manufacturing
Phoenix Specialty
Tremco Pipeline Equipment
Cactus Flow Products
New Dipper Valve
LETE VALVE

Key Questions Addressed in this Report

What is the 10-year outlook for the global Trunnion Block-Mounted Ball Valves market?

What factors are driving Trunnion Block-Mounted Ball Valves market growth, globally and by region?

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

How do Trunnion Block-Mounted Ball Valves market opportunities vary by end market size?

How does Trunnion Block-Mounted Ball Valves break out type, application?

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