The global ball valves market size was USD 13.12 Billion in 2022 and is expected to register a revenue CAGR of 4.9% during the forecast period. Increasing need for smart valve adoption and replacement of out-of-date ball valves and rising emphasis on development of smart cities, urbanization, and industry are factors expected to drive the market revenue growth. Rising demand for ball valves for industrial applications is driving market revenue growth. For example, all ball valves are intended for use in industrial settings, primarily in mechanical, chemical, and water treatment engineering, as well as in the food and beverage processing industry, power generation, and environmental systems. The new ball valve lineup complies with all current normative criteria and is a further refinement of the popular design that users have come to rely on. These major improvements have been made to the new ball valve generation with introduction of the B series ball valves, and the new nomenclature reflects these changes. For example, on 03 March 2023, Flowserve Corporation, a top supplier of flow control goods and services to the global infrastructure industries launched the Worcester 51/52 Series Lower Port Flanged Ball Valves. By standardizing design, components, construction, and product certifications, these floating, quarter-turn valves with ball valves have been revamped for global availability. Managing flow of liquids or gases in the following kinds of industries is a target application for the valves chemical processing, petrochemicals, energy, defense, food and beverage, industrial gases, pharmaceuticals, and water.
The latest research report by Emergen Research, named ‘Global Ball Valves Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Ball Valves Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Ball Valves Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Ball Valves Market
Request a Sample Report with Table of Contents and Figures to click Here: https://www.emergenresearch.com/request-sample/2358
Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Ball Valves market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Emerson Electric Co., SLB, Flowserve Corporation, IMI, Trillium Flow Technologies, Bray International, Honeywell International Inc., Crane Company, ALFA LAVAL, KITZ Corporation, Hawa Valves
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/ball-valves-market
Emergen Research has segmented the global Ball Valves market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Trunnion-Mounted Ball Valves
- Stem Ball Valves
- Floating Ball Valves
- Others
Material Outlook (Revenue, USD Billion; 2019–2032)
- Cast Iron
- Steel
- Alloy Based
- Cryogenic
- Others
Actuation Type Outlook (Revenue, USD Billion; 2019–2032)
- Manual
- Electric
- Hydraulic
- Pneumatic
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Ball Valves Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Ball Valves Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/2358
Latest Published Reports by Emergen Research:
https://www.emergenresearch.com/industry-report/autonomous-emergency-brakes-market
peek market
https://www.emergenresearch.com/industry-report/polyether-ether-ketone-market
anti-drone market
https://www.emergenresearch.com/industry-report/anti-drone-market
biomimetic technology market
https://www.emergenresearch.com/industry-report/biomimetic-technology-market
mobile c-arms market
https://www.emergenresearch.com/industry-report/mobile-c-arms-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Trending Titles: Geocell Market | Pancreatic Cancer Treatment Market
Latest Report: Ceramic Tiles Market | Life Science Analytics Market
