(MENAFN- America News Hour) Market Study Report Provides A Detailed Overview Of The Ball Valve Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of The Ball Valve Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report.
Ball valve market is expected to grow US$ 12.89 billion by
2025 from US$ 10.38 billion in 2016.
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Trunnion mounted ball valves type segment of ball valve
market is expected to continue its dominance. The trunnion mounted ball offers
lower operating torque of the ball in comparison to floating ball. This helps in
reducing the complete cost of value actuation package since, it reduce the size
of the actuator when the ball valve is actuated.
The growth of ball valve is highly dependent upon the growth
of industries such as oil & gas, chemical, power, mining, refining. Apart
from these industries, the ball valves are used in ships, fire safety
protection services, nuclear power generation, etc. Globally, the manufacturing
industry is anticipated to pertain its growth, as newer and innovative
technologies plunge into these industries. The oil & gas industry is one of
the major customers of ball valves.
The overall market size has been derived using both primary
and secondary source. The research process begins with an exhaustive secondary
research using internal and external sources to obtain qualitative and
quantitative information related to the market. Also, primary interview were
conducted with industry participants and commentators in order to validate data
and analysis. The participants who typically take part in such a process
include industry expert such as VPs, business development managers, market
intelligence managers and national sales managers, and external consultant such
as valuation experts, research analysts and key opinion leaders specializing in
the ball valve industry.
Ball valve market by end-user vertical is segmented into
water management, oil & gas, chemicals, pharmaceuticals, energy & power
and others. The increasing urbanization in developing economies as well as
developed economies have resulted in increased demand for oil & gas supply.
Also, new exploration of natural gases throughout the globe and resulted in
construction of new pipeline infrastructure as well as refinery and storage
solutions.
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Table of Contents:
1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 10
2 Introduction 13
2.1 Scope of the Study 13
2.2 The Insight Partners Research Report Guidance 13
3 Key Takeaways 15
4 Ball Valve Market Landscape 18
4.1 Market Overview 18
4.2 Market Segmentation 19
4.2.1 Global Ball Valve Market - By Type 20
4.2.2 Global Ball Valve Market - By Material 21
4.2.3 Global Ball Valve Market - By End-user Vertical 21
4.2.4 Global Ball Valve Market - By Geography 21
4.3 PEST Analysis 23
4.3.1 North America PEST Analysis 23
4.3.2 Europe PEST Analysis 26
4.3.3 Asia Pacific PEST Analysis 29
4.3.4 Middle East & Africa PEST Analysis 31
4.3.5 South America PEST Analysis 34
5 Global Ball Valve Market - Key Industry Dynamics 36
5.1 Key Market Drivers 36
5.1.1 Oil & Gas Exploration 36
5.1.2 Emergence of IIOT 36
5.1.3 Demand for Process Safety 37
5.2 Key Market Restraints 38
5.2.1 Slowdown of mining Industry in APAC, South America and
Africa region 38
5.3 Key Market Opporunities 38
5.3.1 New Material Development: 38
5.4 Future Trends 39
5.4.1 Emergence of Connected valves 39
5.5 Impact Analysis of Drivers and Restraints 40
6 Ball Valve Market - Global 41
6.1 Global Ball Valve Market Overview 41
6.2 Global Ball Valve Market Forecast and Analysis 42
7 Global Ball Valve Market Analysis - By Type 43
7.1 Overview 43
7.1 Rising Stem Ball Valve 44
7.1.1 Overview 44
7.1.2 Global Rising Stem Ball Valve Market Revenue and
Forecasts to 2025 (US$ Bn) 44
7.2 Floating Ball Valve 46
7.2.1 Overview 46
7.2.2 Global Floating Ball Valve Market Revenue and
Forecasts to 2025 (US$ Bn) 46
7.3 Trunnion Mounted Ball Valve 47
7.3.1 Overview 47
7.3.2 Global Trunnion Mounted Ball Valve Market Revenue and
Forecasts to 2025 (US$ Bn) 47
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