+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Ball Valves Market by Size (Up to 1”, 1”–6”, 6” to 25”, 25” to 50”, 50” and Above), Type (Trunnion Mounted, Floating, Rising Stem), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry, and Geography - Global Forecast to 2024

  • ID: 4755950
  • Report
  • Region: Global
  • 153 pages
  • Markets and Markets
1 of 5
Increasing Demand for Ball Valves From the Oil & Gas And Energy & Power Industries Drives Market Growth

FEATURED COMPANIES

  • Alfa Laval
  • AVK Holdings A/S
  • Crane Co
  • Emerson
  • Ham-Let
  • Kitz Corporation
  • MORE

Increasing demand for ball valves from the oil & gas and energy & power industries drives market growth

The ball valves market is expected to grow at a CAGR of 3.75 % from 2019 to 2024, to reach USD 15.2 billion by 2024 from USD 12.6 billion in 2019. Need for ball valve replacement, growth in energy consumption, increasing industrialization, urbanization, and smart city initiatives across the globe are among the key driving factors for the ball valves market. Integration of IIoT-enabled ball valves to avoid unexpected downtime, use of 3D printers in manufacturing lines, increase in the number of refineries, and petrochemicals and chemicals plants worldwide are fueling the growth of the ball valves market. However, the lack of standardization in certifications and policies can hinder the growth of the ball valves market.

Market for 1 to 6 ball valves to witness significant growth during the forecast period

The ball valves market, by size, is segmented into Up to 1, 1 to 6, 6 to 25, 25 to 50 and 50 and larger. The 1 to 6 based ball valves market is expected to witness significant growth during the forecast period. This growth is attributed to the increasing demand for transportation and energy & power-based applications; as a result, there is an increase in the use of 1–6 valves in the oil & gas, energy & power, water & wastewater treatment, chemicals, and other industries.

Trunnion mounted ball valves to hold the largest share of ball valves market in 2019

In this report, the ball valves market, by valve type, has been segmented into trunnion mounted, floating, and rising stem ball valves. Among these, the trunnion mounted is expected to hold the largest share of the market throughout the forecast period. Growth in energy consumption, new production technologies, demand for process safety, increasing focus on sustainability, and environmental regulations boost the trunnion ball valves market.

APAC to hold the largest share of the ball valves market from 2019 to 2024

In terms of market size, APAC is expected to dominate the ball valves market during the forecast period as it is likely to witness significant growth in the said market during the forecast period. The population growth and rapid urbanization in developing economies, such as China and India, have prompted the speedy development in the region, which will boost the demand for ball valves from several industries such as energy & power, water & wastewater treatment, construction, chemicals, pharmaceuticals, and oil & gas.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the ball valves market. Following is the breakup of the profiles of primary participants for the report.

  • By Company Type: Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%
  • By Region: North America – 45%, Europe – 20%, APAC – 30%, and RoW – 5%

The report profiles key players in the ball valves market and analyzes their market rankings. Players profiled in this report are Emerson Electric Co. (US), Flowserve Corporation (US), Cameron–Schlumberger Ltd.(US), Crane Co.(US), IMI Plc.(Finland) , Kitz Corporation (Japan), Metso (Finland), Neway Valves Co. Ltd (China), Velan Inc. (Canada), Weir Group Plc (UK), Burkert Fluid Control Systems (Germany), Curtiss-Wright Corporation (US), Alfa Laval (Sweden), Apollo Valves (US), Valvitalia S.P.A (Italy), Avk Holdings A/S (Denmark), Dwyer Instruments (US), Ham-Let (US), Samson Controls Ltd (UK), and Swagelok (US). 

Research Coverage
This report segments the ball valves market by material, valve type, size, industry, and geography. The report also describes major drivers, restraints, challenges, and opportunities pertaining to this market, as well as includes value chain and market ranking analysis.

Reasons to Buy This Report
The report will help leaders/new entrants in the ball valves market in the following ways:
1. The report segments the ball valves market comprehensively and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the ball valves market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the ball valves market. The competitive landscape section describes the competitor ecosystem.

Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Alfa Laval
  • AVK Holdings A/S
  • Crane Co
  • Emerson
  • Ham-Let
  • Kitz Corporation
  • MORE

1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency and Pricing
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.1.1 Bottom-Up Approach
2.1.2 Top-Down Approach
2.2 Market Breakdown and Data Triangulation
2.2.1 Key Data From Secondary Sources
2.2.2 Key Data From Primary Sources
2.2.2.1 Key Industry Insights
2.3 Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunities
5.3.4 Challenges
5.4 Value Chain Analysis

6 Ball Valve Market, By Material
6.1 Introduction
6.2 Stainless Steel
6.3 Cast Iron
6.4 Cryogenic
6.5 Alloy Based
6.6 Others
6.6.1 Brass
6.6.2 Bronze
6.6.3 Plastic

7 Ball Valve Market, By Valve Type
7.1 Introduction
7.2 Trunnion Mounted Ball Valve
7.3 Floating Ball Valve
7.4 Rising Stem Ball Valve

8 Industrial Valve Market, By Size
8.1 Introduction
8.2 Up to 1”
8.3 1–6”
8.4 6–25”
8.5 25–50”
8.6 50” and Larger

9 Ball Valve Market, By Industry
9.1 Introduction
9.2 Oil & Gas
9.3 Water & Wastewater Treatment
9.4 Energy & Power
9.5 Chemicals
9.6 Food & Beverages
9.7 Pharmaceuticals
9.8 Building & Construction
9.9 Agriculture
9.10 Pul & Paper
9.11 Metals & Mining
9.12 Others (Textile, Glass and Semiconductor)

10 Ball Valve Market, By Geography
10.1 North America
10.1.1 U.S.
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 U.K.
10.2.2 Germany
10.2.3 France
10.2.4 Italy
10.2.5 Rest of Europe
10.3 Asia-Pacific (APAC)
10.3.1 China
10.3.2 Japan
10.3.3 South Korea
10.3.4 India
10.3.5 Rest of APAC
10.4 Rest of the World (RoW)
10.4.1 Middle East
10.4.2 South America
10.4.3 Africa

11 Competitive Landscape
11.1 Overview
11.2 Market Player Ranking Analysis
11.3 Competitive Scenario
11.3.1 Competitive Situation and Trend
11.3.2 Acquisitions & Expansions
11.3.3 Product Launches and Developments
11.3.4 Partnerships & Collaborations
11.3.5 Others
11.4 Competitive Leadership Mapping
11.4.1 Vanguards
11.4.2 Dynamic Players
11.4.3 Innovators
11.4.4 Emerging Players

12 Company Profiles
12.1 Introduction
12.2 Key Players
12.2.1 Emerson
12.2.1.1 Business Overview
12.2.1.2 Products Offered
12.2.1.3 Recent Developments
12.2.1.4 SWOT Analysis
12.2.1.5 MnM View
12.2.2 Flowserve Corporation
12.2.2.1 Business Overview
12.2.2.2 Products Offered
12.2.2.3 Recent Developments
12.2.2.4 SWOT Analysis
12.2.2.5 MnM View
12.2.3 Cameron - Schlumberger
12.2.3.1 Business Overview
12.2.3.2 Products Offered
12.2.3.3 Recent Developments
12.2.3.4 SWOT Analysis
12.2.3.5 MnM View
12.2.4 Crane Co
12.2.4.1 Business Overview
12.2.4.2 Products Offered
12.2.4.3 Recent Developments
12.2.4.4 SWOT Analysis
12.2.4.5 MnM View
12.2.5 IMI PLC
12.2.5.1 Business Overview
12.2.5.2 Products Offered
12.2.5.3 Recent Developments
12.2.5.4 SWOT Analysis
12.2.5.5 MnM View
12.2.6 Kitz Corporation
12.2.6.1 Business Overview
12.2.6.2 Products Offered
12.2.6.3 Recent Developments
12.2.6.4 MnM View
12.2.7 Metso Corporation
12.2.7.1 Business Overview
12.2.7.2 Products Offered
12.2.7.3 Recent Developments
12.2.7.4 MnM View
12.2.8 Neway Valve (Suzhou) Co., Ltd.
12.2.8.1 Business Overview
12.2.8.2 Products Offered
12.2.8.3 Recent Developments
12.2.8.4 MnM View
12.2.9 Velan Inc.
12.2.9.1 Business Overview
12.2.9.2 Products Offered
12.2.9.3 Recent Developments
12.2.9.4 MnM View
12.2.10 Weir Group
12.2.10.1 Business Overview
12.2.10.2 Products Offered
12.2.10.3 Recent Developments
12.2.10.4 MnM View
12.3 Innovators
12.3.1 Burkert Fluid Control Systems
12.3.2 Curtiss-Wright Corporation
12.3.3 Alfa Laval
12.3.4 Apollo Valves
12.3.5 Valvitalia S.P.A.
12.4 Other Important Key Players
12.4.1 AVK Holdings A/S
12.4.2 Dwyer Instruments
12.4.3 Ham-Let
12.4.4 Samson AG
12.4.5 Swagelok

13 Appendix

List of Tables
Table 1 Ball Valves Market, By Material, 2015–2024 (USD Billion)
Table 2 Ball Valves Market, By Valve Type, 2015–2024 (USD Billion)
Table 3 Ball Valves Market, By Size, 2015–2024 (USD Billion)
Table 4 Ball Valves Market, By Industry, 2015–2024 (USD Billion)
Table 5 Ball Valves Market for Oil & Gas Industry, By Region, 2015–2024 (USD Million)
Table 6 Ball Valves Market in North America for Oil & Gas Industry, By Country, 2015–2024 (USD Million)
Table 7 Ball Valves Market in Europe for Oil & Gas Industry, By Country, 2015–2024 (USD Million)
Table 8 Ball Valves Market in APAC for Oil & Gas Industry, By Country, 2015–2024 (USD Million)
Table 9 Ball Valves Market in RoW for Oil & Gas Industry, By Country, 2015–2024 (USD Million)
Table 10 Ball Valves Market in Energy & Power Industry, By Region 2015–2024 (USD Million)
Table 11 Ball Valves Market in North America for Energy & Power Industry, By Country, 2015–2024 (USD Million)
Table 12 Ball Valves Market in Europe for Energy & Power Industry, By Country, 2015–2024 (USD Million)
Table 13 Ball Valves Market in APAC for Energy & Power Industry, By Country, 2015–2024 (USD Million)
Table 14 Ball Valves Market in RoW for Energy & Power Industry, By Country, 2015–2024 (USD Million)
Table 15 Ball Valves Market in Chemicals Industry, By Region 2015–2024 (USD Million)
Table 16 Ball Valves Market in North America for Chemicals Industry, By Country, 2015–2024 (USD Million)
Table 17 Ball Valves Market in Europe for Chemicals Industry, By Country, 2015–2024 (USD Million)
Table 18 Ball Valves Market in APAC for Chemicals Industry, By Country, 2015–2024 (USD Million)
Table 19 Ball Valves Market in RoW for Chemicals Industry, By Country, 2015–2024 (USD Million)
Table 20 Ball Valves Market in Water & Wastewater Industry, By Region 2015–2024 (USD Million)
Table 21 Ball Valves Market in North America for Water & Wastewater Industry, By Country, 2015–2024 (USD Million)
Table 22 Ball Valves Market in Europe for Water & Wastewater Industry, By Country, 2015–2024 (USD Million)
Table 23 Ball Valves Market in APAC for Water & Wastewater Industry, By Country, 2015–2024 (USD Million)
Table 24 Ball Valves Market in RoW for Water & Wastewater Industry, By Country, 2015–2024 (USD Million)
Table 25 Ball Valves Market in Building & Construction Industry, By Region 2015–2024 (USD Million)
Table 26 Ball Valves Market in North America for Building & Construction Industry, By Country, 2015–2024 (USD Million)
Table 27 Ball Valves Market in Europe for Building & Construction Industry, By Country, 2015–2024 (USD Million)
Table 28 Ball Valves Market in APAC for Building & Construction Industry, By Country, 2015–2024 (USD Million)
Table 29 Ball Valves Market in RoW for Building & Construction Industry, By Country, 2015–2024 (USD Million)
Table 30 Ball Valves Market in Pharmaceuticals Industry, By Region 2015–2024 (USD Million)
Table 31 Ball Valves Market in North America for Pharmaceuticals Industry, By Country, 2015–2024 (USD Million)
Table 32 Ball Valves Market in Europe for Pharmaceuticals Industry, By Country, 2015–2024 (USD Million)
Table 33 Ball Valves Market in APAC for Pharmaceuticals Industry, By Country, 2015–2024 (USD Million)
Table 34 Ball Valves Market in RoW for Pharmaceuticals Industry, By Country, 2015–2024 (USD Million)
Table 35 Ball Valves Market in Agriculture Industry, By Region, 2015–2024 (USD Million)
Table 36 Ball Valves Market in North America for Agriculture Industry, By Country, 2015–2024 (USD Million)
Table 37 Ball Valves Market in Europe for Agriculture Industry, By Country, 2015–2024 (USD Million)
Table 38 Ball Valves Market in APAC for Agriculture Industry, By Country, 2015–2024 (USD Million)
Table 39 Ball Valves Market in RoW for Agriculture Industry, By Country, 2015–2024 (USD Million)
Table 40 Ball Valves Market in Metal & Mining Industry, By Region, 2015–2024 (USD Million)
Table 41 Ball Valves Market in North America for Metal & Mining Industry, By Country, 2015–2024 (USD Million)
Table 42 Ball Valves Market in Europe for Metal & Mining Industry, By Country, 2015–2024 (USD Million)
Table 43 Ball Valves Market in APAC for Metal & Mining Industry, By Country, 2015–2024 (USD Million)
Table 44 Ball Valves Market in RoW for Metal & Mining Industry, By Country, 2015–2024 (USD Million)
Table 45 Ball Valves Market in Paper & Pulp Industry, By Region, 2015–2024 (USD Million)
Table 46 Ball Valves Market in North America for Paper & Pulp Industry, By Country, 2015–2024 (USD Million)
Table 47 Ball Valves Market in Europe for Paper & Pulp Industry, By Country, 2015–2024 (USD Million)
Table 48 Ball Valves Market in APAC for Paper & Pulp Industry, By Country, 2015–2024 (USD Million)
Table 49 Ball Valves Market in RoW for Paper & Pulp Industry, By Country, 2015–2024 (USD Million)
Table 50 Ball Valves Market in Food & Beverages Industry, By Region, 2015–2024 (USD Million)
Table 51 Ball Valves Market in North America for Food & Beverages Industry, By Country, 2015–2024 (USD Million)
Table 52 Ball Valves Market in Europe for Food & Beverages Industry, By Country, 2015–2024 (USD Million)
Table 53 Ball Valves Market in APAC for Food & Beverages Industry, By Country, 2015–2024 (USD Million)
Table 54 Ball Valves Market in RoW for Food & Beverages Industry, By Country, 2015–2024 (USD Million)
Table 55 Ball Valves Market in Others Industry, By Region 2015–2024 (USD Million)
Table 56 Ball Valves Market in North America for Others Industry, By Country, 2015–2024 (USD Million)
Table 57 Ball Valves Market in Europe for Others Industry, By Country, 2015–2024 (USD Million)
Table 58 Ball Valves Market in APAC for Others Industry, By Country, 2015–2024 (USD Million)
Table 59 Ball Valves Market in RoW for Others Industry, By Country, 2015–2024 (USD Million)
Table 60 Ball Valves Market, By Region, 2015–2024 (USD Billion)
Table 61 Ball Valves Market in North America, By Country, 2015–2024 (USD Million)
Table 62 Ball Valves Market in North America, By Industry, 2015–2024 (USD Million)
Table 63 Ball Valves Market in Europe, By Country, 2015–2024 (USD Million)
Table 64 Ball Valves Market in Europe, By Industry, 2015–2024 (USD Million)
Table 65 Ball Valves Market in APAC, By Country, 2015–2024 (USD Million)
Table 66 Ball Valves Market in APAC, By Industry, 2015–2024 (USD Million)
Table 67 Ball Valves Market in RoW, By Country, 2015–2024 (USD Million)
Table 68 Ball Valves Market in RoW, By Industry, 2015–2024 (USD Million)
Table 69 Major Ball Valve Manufacturers
Table 70 Expansion (2013–2018)
Table 71 Top 5 Partnerships, Agreements, and Contracts (2013–2018)
Table 72 Top 5 Product Launch, Acquisition, and Others (2013–2018)

List of Figures
Figure 1 Ball Valves Market Segmentation
Figure 2 Ball Valves Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions for the Research Study
Figure 7 Ball Valves Market Size (2015–2024)
Figure 8 1’’ to 6” to Hold Largest Size of Ball Valves Market By 2024
Figure 9 Ball Valves Market, By Material (2019 vs 2024): Stainless Steel Segment to Hold Larger Market in 2019 and 2024
Figure 10 Trunnion Mounted Ball Valves Held Largest Share in Ball Valves Market in 2018
Figure 11 Oil and Gas Industry to Dominate Ball Valves Market During Forecast Period
Figure 12 APAC Accounted for Largest Share of Ball Valves Market in 2018
Figure 13 Increasing Demand for Ball Valves in APAC Driving Market Growth
Figure 14 Ball Valves Market for Cryogenic Material to Grow at Higher CAGR During Forecast Period
Figure 15 Energy & Power Industry to Hold Largest Share of Ball Valves Market in APAC in 2024
Figure 16 Trunnion Mounted to Hold Largest Share of Ball Valves Market During Forecast Period
Figure 17 US to Hold Largest Share of Ball Valves Market in 2019
Figure 18 Market Dynamics of Ball Valve Market
Figure 19 US Industrial Delivered Energy Consumption
Figure 20 Value Chain Analysis: Major Value Added During Raw Material and Component Suppliers and Original Equipment Manufacturing Phases
Figure 21 Ball Valves Market, By Material
Figure 22 Stainless Steel Material to Hold Largest Size of Ball Valves Market By 2024
Figure 23 Ball Valves Market, By Valve Type
Figure 24 Trunnion Mounted Ball Valves Type to Hold Largest Size of Ball Valves Market By 2024
Figure 25 Ball Valves Market, By Size
Figure 26 1’’ to 6’’ Valves to Hold Largest Size of Ball Valves Market By 2024
Figure 27 Ball Valves Market, By Industry
Figure 28 Oil & Gas Industry to Hold Largest Size of Ball Valves Market By 2024
Figure 29 Oil Production and Consumption Trend, (2007—2017)
Figure 30 Natural Gas Production and Consumption Trend, (2007—2017)
Figure 31 Electricity Generation Trend, (2016—2017)
Figure 32 APAC Expected to Hold Largest Market Share in Building & Construction Industry for Ball Valves Market By 2024
Figure 33 APAC Expected to Hold Largest Market Share in Metal & Mining Industry for Ball Valves Market By 2024
Figure 34 APAC Expected to Hold Largest Market Share in Others Industry for Ball Valves Market By 2024
Figure 35 Geographic Snapshot (2019–2024): Ball Valves Market to Witness Significant Growth in APAC Countries, Such as India, During Forecast Period
Figure 36 North America: Ball Valves Market Snapshot
Figure 37 Europe: Balls Valve Market Snapshot
Figure 38 APAC: Ball Valves Market Snapshot
Figure 39 Organic and Inorganic Strategies Adopted By Companies Operating in Ball Valves Market
Figure 40 Ball Valves Market (Global) Competitive Leadership Mapping, 2018
Figure 41 Emerson Electric Co.: Company Snapshot
Figure 42 Flowserve Corporation: Company Snapshot
Figure 43 Cameron–Schlumberger Ltd.: Company Snapshot
Figure 44 Crane Co.: Company Snapshot
Figure 45 IMI PLC.: Company Snapshot
Figure 46 Kitz Corporation: Company Snapshot
Figure 47 Metso: Company Snapshot
Figure 48 Neway Valves Co. Ltd.: Company Snapshot
Figure 49 Velan Inc.: Company Snapshot
Figure 50 Weir Group PLC: Company Snapshot

Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
5 of 5
  • Alfa Laval
  • Apollo Valves
  • AVK Holdings A/S
  • Burkert Fluid Control Systems
  • Cameron - Schlumberger
  • Crane Co
  • Curtiss-Wright Corporation
  • Dwyer Instruments
  • Emerson
  • Flowserve Corporation
  • Ham-Let
  • IMI PLC
  • Kitz Corporation
  • Metso Corporation
  • Neway Valve (Suzhou) Co., Ltd.
  • Samson AG
  • Swagelok
  • Valvitalia S.P.A.
  • Velan Inc.
  • Weir Group
Note: Product cover images may vary from those shown
Adroll
adroll