Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Ball Valves Market by By Material (Stainless Steel, Cast Iron, Alloy Based, Cryogenic, Others, (Brass, Bronze, Plastic)}, Valve Type(Trunnion Mounted ball valves, Floating Ball Valve, Rising Stem Ball Valve), Size (Up to 1”, 1” to 6”, 6” to 25”, 25” to 50”, 50” and Larger), Industry (Oil & Gas, Energy & Power, Chemicals, Water & Wastewater , Building & Construction, Pharmaceuticals, Agriculture, Metal & Mining, Paper & Pulp, Food & Beverages, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Analysis and Forecast, 2019 – 2026”. In this report, Researchers have analyzed Strength, Weakness, opportunities and threats in the market and provides the unbiased picture of the market with the Qualitative and informative knowledge. The Ball Valves Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.
Global Ball Valves Market is expected to rise from its initial estimated value of USD 12.82 billion in 2018 to an estimated value of USD 16.75billion by 2026, registering a CAGR of 3.4% in the forecast period of 2019-2026
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Market Definition: Global Ball Valves Market
A ball valve is a form of quarter-turn valve which uses a hollow, perforated and pivoting ball (floating ball) to control flow through it. The ball valves are being used in the various sectors such as aerospace & defence, oil and gas industry and among them. The market of ball valve is growing because of various factors such as evolution of IOT and developments in automation ecosystem such as mergers & acquisitions, collaborations, increasing demand for industrialization in emerging
economies, and demand for process safety
Top Manufacturers Covered in the Report:
Few of the major competitors currently working in ball valves market are Emerson Electric Co.(US), Flowserve Corporation (US), Schlumberger Ltd. (US), Crane Co. (US), IMI Plc. (Finland), Kitz Corporation (Japan), Metso Corporation(Finland) Neway valve. (China). Emerson Electric Co (US) (US) ,Velan Inc.( Canada), The Weir Group PLC (UK), Burkert Fluid Control Systems (Germany), Curtiss-Wright Corporation (US), Alfa Laval (Sweden), Apollo Valves (US), Valvitalia S.P.A (Italy) , Swagelok Company (US), MRC Global Inc. (US), , Astech Valve Co. Ltd. (Taiwan), Cameron International Corporation(US), Dwyer Instruments Inc. (US), Flomatic Corporation (US), Forum Energy Technology (US) , among others.
Recent Developments in the Market:
In December 2018, Emerson acquires Advanced Engineering Valves. Advanced Engineering Valves is a manufacturer of valve technology for LNG industry. By this acquisition Emerson has become biggest player in LNG industry.
In April 2017, Emerson Acquired Pentair Valves & Controls. By this acquisition Emerson growed globally in automation, chemical, power, refining, mining and oil and gas. Emerson is a global technology and engineering company providing solutions in industrial, commercial, and residential markets.
Competitive Analysis
Global ball valves market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ball valves market for Global, Europe, North America, Asia Pacific and South America.
Regional analysis for Ball Valves Market includes:
- North America
- Latin America
- Europe
- Asia Pacific & Japan
- The Middle East and Africa
Why to purchase this report?
Following are the reasons to consider this Ball Valves Market report:
- This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
- The report analyzes various factors which act as drivers and restraints to development the overall Ball Valves Market.
- This report not only analyzes present market condition but it likewise estimates how the Ball Valves Market is going to perform for estimated time period of 2019-2026.
- It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
To find the more open doors over the globe various successful deals and techniques have been recorded in Global Ball Valves Market research report. Global Ball Valves Market report helps to recognize the most recent improvements, share, and systems utilized by the significant market.
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