Ball Valve Market Scope And Analysis

  • Report Code : TIPTE100000555
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 182
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Ball Valve Market Analysis Report 2024 to 2028

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Ball Valve Market Report Ball Valve Market Size and Share Ball Valve Market Scope and Analysis

Ball Valve Market Report Scope

Report Attribute Details
Market size in 2023 US$ 16.66 Billion
Market Size by 2028 US$ 22.09 Billion
Global CAGR (2023 - 2028) 5.8%
Historical Data 2021-2022
Forecast period 2024-2028
Segments Covered By Type
  • Rising Stem
  • Floating
  • Trunnion Mounted
By Material
  • Stainless Steel
  • Cast Iron
  • Cryogenic
  • Alloy
By End-Use Industry
  • Water Management
  • Oil & Gas
  • Chemicals
  • Pharmaceuticals
  • Energy & Power
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Velan Inc
  • Neway Valve Suzhou Co Ltd
  • KITZ Corp
  • IMI Plc
  • Flowserve Corp
  • Curtiss Wright Corp
  • Crane Co
  • Emerson Electric Co
  • Schlumberger NV

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    Recent Developments:

    Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the ball valve market. A few recent key market developments are listed below:

    • In 2019, Emerson bought CIRCOR International's Spence and Nicholson product lines to enhance its range of steam system solutions for industrial industries and commercial buildings.
    • In 2019, PBM, a maker of valves and specialty valves for both sanitary and industrial uses, was purchased by IMI plc. All of these purchases would raise competition in the ball valves industry.