Global Trunnion and Floating Ball Valves Market Growth 2024-2030

Global Trunnion and Floating Ball Valves Market Growth 2024-2030

Floating and trunnion are the two most common types of ball valves. Floating ball valves are often used in industrial applications, while trunnion-mounted valves have a fixed ball and can be adjusted to regulate pressure. Both types can be used to control pressure in industrial and long-distance pipelines. The most important difference between these two design is the construction of the ball and the way in which it is assembled inside the valve body. A trunnion ball is attached and centred inside the valve body through both a top shaft -the valve stem- and a bottom shaft – the trunnion. A floating ball is attached to the valve body only through the valve stem. As a result, the floating ball ‘’floats’’ in the valve seats.

The global Trunnion and Floating Ball Valves market size is projected to grow from US$ 9694 million in 2024 to US$ 13180 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Trunnion and Floating Ball Valves Industry Forecast” looks at past sales and reviews total world Trunnion and Floating Ball Valves sales in 2023, providing a comprehensive analysis by region and market sector of projected Trunnion and Floating Ball Valves sales for 2024 through 2030. With Trunnion and Floating 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 and Floating Ball Valves industry.

This Insight Report provides a comprehensive analysis of the global Trunnion and Floating 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 and Floating 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 and Floating Ball Valves market.

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

Trunnion and floating ball valves play a critical role in this optimization by providing reliable shut-off and control functionalities in various stages of the extraction and transportation processes. Moreover, the expansion of oil and gas exploration into more challenging environments, such as deepwater and ultra-deepwater reserves, further underscores the importance of robust valve solutions. In these harsh operating conditions, where pressures and temperatures are extreme, the reliability and durability of valves become paramount. Trunnion and floating ball valves, known for their ability to withstand high pressures Pumps and temperatures, are preferred choices for such applications, contributing to their increased demand in the market.

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

Segmentation by Type:
Trunnion-Mounted Ball Valves
Floating Ball Valves

Segmentation by Application:
Oil
Chemical
Gas Pipelines
SPS (Subsea Production Systems)
CCUS (Carbon Capture, Utilization, and Storage)
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 analysing the company's coverage, product portfolio, its market penetration.
Emerson Electric Co
Kitz Corporation
Neway Valves Co. Ltd
Flowserve
OMS Saleri
Della Foglia
Valvitalia
Dafram
OMB
GWC
IMI PLC
Bonney Forge Corporation
Velan Inc
Swagelok Company
Warren Valve
Gemini Valve
COMER
Domos Fluid Equipment CO.,LTD
Weike Valve Co., Ltd
AS-Schneider
L&T Valves Limited
Schlumberger
Bray International
Forum Energy Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Trunnion and Floating Ball Valves market?

What factors are driving Trunnion and Floating Ball Valves market growth, globally and by region?

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

How do Trunnion and Floating Ball Valves market opportunities vary by end market size?

How does Trunnion and Floating Ball Valves break out by Type, by Application?

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