Ball Valve Market To Reach 12.89 Billion by 2025
Market Research Report on Ball Valve Industry providing Global (United States, Europe, Japan, Germany, Brazil, China and Others) Market Landscape and its Growth Prospects over the coming years till 2025 is now available at The Insight Partners
(EMAILWIRE.COM, March 02, 2018 ) Ball valve market is expected to grow US$ 12.89 billion by 2025 from US$ 10.38 billion in 2016. Valve is a device that control, direct or regulate the flow of fluid (liquid, fluidized solid, gasses and slurries) by closing or by opening various passage ways. Ball valve is a form of quarter term valve that uses a floating ball to control the flow. Ball valve includes some of the benefits such as low pressure drop, low leakage and rapid opening. Ball valves are of three types such as rising stem wall, floating ball valve and trunnion mounted ball valve. Tunnion ball valve is expected to expected to continue its dominance, it provides low operating torque as compared to floating ball this result in reducing the cost of valve actuator and reduce the size of actuator.. Ball valves are used for various purpose such as flow control, shutoff, corrosive fluid, liquids, pressure control and high temperature.
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The growth of Ball valve market 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.
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.
Ball Valve Key Players:
Cameron Schlumberger Inc.
Crane Co.
Curtiss Wright Corporation
Emerson Electric Co
Flowserve Corporation
IMI Plc
KITZ Corporation
Metso Corporation
Valvitalia SpA
Velan Inc
View Complete Report at http://www.theinsightpartners.com/reports/ball-valve-market
About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Request a Sample Report at http://www.theinsightpartners.com/sample/TIPTE100000555
The growth of Ball valve market 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.
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.
Ball Valve Key Players:
Cameron Schlumberger Inc.
Crane Co.
Curtiss Wright Corporation
Emerson Electric Co
Flowserve Corporation
IMI Plc
KITZ Corporation
Metso Corporation
Valvitalia SpA
Velan Inc
View Complete Report at http://www.theinsightpartners.com/reports/ball-valve-market
About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
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The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results