ball valve market to grow at a high CAGR during reach US$ 1.88 Bn by forecast period 2017-2025
ReportsWeb.com added “Ball Valve Market - Global Trends, 2017 Analysis and 2025 Forecasts” report to its research database. This Report is spread across 150 Pages and Supported by 10 Company Leaders.
(EMAILWIRE.COM, December 15, 2017 ) 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.
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With the increasing industrial developments in China, the economy’s demand for oil consumption has experienced a high increase during the past few years. Despite being one of the top petroleum rich country, China imports oil from other countries. However, till 2015, the country discovered 713 oilfields and 267 gas fields. In the year 2015 itself, 10 new gas fields and 11 new oilfields were put into production. Also, the country’s favorable taxation policies and current energy development plans are attracting foreign oil & gas companies to participate in the country’s developing oil & gas resources. This has resulted in increase in the demand for ball valves by the oil & gas refineries. China is global leader in terms of gross value of industrial output; iron, mining and ore processing, aluminum, steel, and other metals, coal; machine building; petroleum; chemicals; cement and fertilizers. As the economy of china acquires moderate growth rate, the country is expected to invest significantly into development of these industries, subsequently generating opportunities for development of ball valves market..
Global Ball Valve Market Players:
Cameron Schlumberger Inc.
Crane Co.
Curtiss Wright Corporation
Emerson Electric Co
Flowserve Corporation
IMI Plc
KITZ Corporation
Metso Corporation
Valvitalia SpA
Velan Inc
Complete Report is Available at www.reportsweb.com/ball-valve-market-to-2025
The report segments the global Ball Valve market as follows:
Global Ball Valve Market - By Type
Rising Stem Ball Valves
Floating Ball Valves
Trunnion Mounted Ball Valves
Global Ball Valve Market - By Material
Stainless Steel
Cast Iron
Cryogenic
Alloy
Others
Global Ball Valve Market - By End-User Verticals
Water Management
Oil & Gas
Chemicals
Pharmaceuticals
Energy & Power
Others
Global Ball Valve Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
South America (SAM)
Brazil
Request Sample Copy is Available at www.reportsweb.com/inquiry&RW0001875640/sample
With the increasing industrial developments in China, the economy’s demand for oil consumption has experienced a high increase during the past few years. Despite being one of the top petroleum rich country, China imports oil from other countries. However, till 2015, the country discovered 713 oilfields and 267 gas fields. In the year 2015 itself, 10 new gas fields and 11 new oilfields were put into production. Also, the country’s favorable taxation policies and current energy development plans are attracting foreign oil & gas companies to participate in the country’s developing oil & gas resources. This has resulted in increase in the demand for ball valves by the oil & gas refineries. China is global leader in terms of gross value of industrial output; iron, mining and ore processing, aluminum, steel, and other metals, coal; machine building; petroleum; chemicals; cement and fertilizers. As the economy of china acquires moderate growth rate, the country is expected to invest significantly into development of these industries, subsequently generating opportunities for development of ball valves market..
Global Ball Valve Market Players:
Cameron Schlumberger Inc.
Crane Co.
Curtiss Wright Corporation
Emerson Electric Co
Flowserve Corporation
IMI Plc
KITZ Corporation
Metso Corporation
Valvitalia SpA
Velan Inc
Complete Report is Available at www.reportsweb.com/ball-valve-market-to-2025
The report segments the global Ball Valve market as follows:
Global Ball Valve Market - By Type
Rising Stem Ball Valves
Floating Ball Valves
Trunnion Mounted Ball Valves
Global Ball Valve Market - By Material
Stainless Steel
Cast Iron
Cryogenic
Alloy
Others
Global Ball Valve Market - By End-User Verticals
Water Management
Oil & Gas
Chemicals
Pharmaceuticals
Energy & Power
Others
Global Ball Valve Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
South America (SAM)
Brazil
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results