Ball Valve Market to Account for US$ 12.89 Bn in 2025
Increasing Oil & Gas Exploration, Emergence of IIoT and Demand for process Safety to Burgeon the Ball Valve Market Growth at a CAGR of 2.44% during 2017-2025
(EMAILWIRE.COM, November 27, 2018 ) The global Ball Valve market accounted for US$ 10.38 Bn in 2016 and is expected to grow at a CAGR of 2.44% during the forecast period 2017 - 2025, to account for US$ 12.89 Bn in 2025.
The global ball valve market has been segmented by type into rising stem, floating and trunnion mounted ball valves. On the basis of material, the market is bifurcated into stainless steel, cast iron, cryogenic, alloy and others. Also, by end-user verticals, the market is categorized into water management, oil & gas, chemicals, pharmaceuticals, energy & power and others. The oil & gas segment under end-user verticals segment had accounted for the largest share of the ball valve market in 2016 and is expected to continue its dominance to grow at the highest CAGR of 2.8% between 2017 and 2025.
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In the material segment, stainless steel segment had the largest share of the ball valve market in 2016 however, cast iron segment is anticipated to grow at the highest CAGR between 2017 and 2025.
The report aims to provide an overview of global ball valve market with detailed market segmentation. Also, it analyzes the current ball valve market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report includes the detailed company profiles of the key players in the market. The report also provide PEST analysis for all regions and SWOT analysis for all company profiled in the report.
The geographic segments included in this report are North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The adoption of ball valve technology is constantly increasing with the increased development in the pipeline infrastructure worldwide. The continuous growth of the market is attributed to the rapid industrial growth particularly, in developing economies.
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The major industry players in the Ball Valve market include Cameron Schlumberger Inc., Crane Co., Curtiss Wright Corporation, Emerson Electric Co., Flowserve Corporation, IMI PLC, KITZ Corporation, Metso Corporation, Valvitalia SpA and Velan Inc. among others.
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
The global ball valve market has been segmented by type into rising stem, floating and trunnion mounted ball valves. On the basis of material, the market is bifurcated into stainless steel, cast iron, cryogenic, alloy and others. Also, by end-user verticals, the market is categorized into water management, oil & gas, chemicals, pharmaceuticals, energy & power and others. The oil & gas segment under end-user verticals segment had accounted for the largest share of the ball valve market in 2016 and is expected to continue its dominance to grow at the highest CAGR of 2.8% between 2017 and 2025.
Get sample PDF copy: http://bit.ly/2QsJZBV
In the material segment, stainless steel segment had the largest share of the ball valve market in 2016 however, cast iron segment is anticipated to grow at the highest CAGR between 2017 and 2025.
The report aims to provide an overview of global ball valve market with detailed market segmentation. Also, it analyzes the current ball valve market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report includes the detailed company profiles of the key players in the market. The report also provide PEST analysis for all regions and SWOT analysis for all company profiled in the report.
The geographic segments included in this report are North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The adoption of ball valve technology is constantly increasing with the increased development in the pipeline infrastructure worldwide. The continuous growth of the market is attributed to the rapid industrial growth particularly, in developing economies.
Inquire for discount: http://bit.ly/2Qx7f1H
The major industry players in the Ball Valve market include Cameron Schlumberger Inc., Crane Co., Curtiss Wright Corporation, Emerson Electric Co., Flowserve Corporation, IMI PLC, KITZ Corporation, Metso Corporation, Valvitalia SpA and Velan Inc. among others.
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:
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
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The Insight Partners
Sameer Joshi
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