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Ball Valves Market by Size (Up to 1”, 1”–6”, 6” to 25”, 25” to 50”, 50” and Above), Type (Trunnion Mounted, Floating, Rising Stem), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry, and Geography - Global Forecast to 2024

Ball Valves Market by Size (Up to 1”, 1”–6”, 6” to 25”, 25” to 50”, 50” and Above), Type (Trunnion Mounted, Floating, Rising Stem), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry, and Geography - Global Forecast to 2024

Increasing demand for ball valves from the oil & gas and energy & power industries drives market growth
The ball valves market is expected to grow at a CAGR of 3.75 % from 2019 to 2024, to reach USD 15.2 billion by 2024 from USD 12.6 billion in 2019. Need for ball valve replacement, growth in energy consumption, increasing industrialization, urbanization, and smart city initiatives across the globe are among the key driving factors for the ball valves market. Integration of IIoT-enabled ball valves to avoid unexpected downtime, use of 3D printers in manufacturing lines, increase in the number of refineries, and petrochemicals and chemicals plants worldwide are fueling the growth of the ball valves market. However, lack of standardization in certifications and policies can hinder the growth of the ball valves market.

Market for 1” to 6” ball valves to witness significant growth during the forecast period
The ball valves market, by size, is segmented into Up to 1”, 1” to 6”, 6” to 25”, 25” to 50” and 50” and larger. The 1” to 6” based ball valves market is expected to witness significant growth during the forecast period. This growth is attributed to the increasing demand for transportation and energy & power-based applications; as a result, there is an increase in the use of 1-6” valves in the oil & gas, energy & power, water & wastewater treatment, chemicals, and other industries.

Trunnion mounted ball valves to hold the largest share of ball valves market in 2019
In this report, the ball valves market, by valve type, has been segmented into trunnion mounted, floating, and rising stem ball valves. Among these, the trunnion mounted is expected to hold the largest share of the market throughout the forecast period. Growth in energy consumption, new production technologies, demand for process safety, increasing focus on sustainability, and environmental regulations boost the trunnion ball valves market.

APAC to hold the largest share of the ball valves market from 2019 to 2024
In terms of market size, APAC is expected to dominate the ball valves market during the forecast period as it is likely to witness significant growth in the said market during the forecast period. The population growth and rapid urbanization in developing economies, such as China and India, have prompted the speedy development in the region, which will boost the demand for ball valves from several industries such as energy & power, water & wastewater treatment, construction, chemicals, pharmaceuticals, and oil & gas.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the ball valves market. Following is the breakup of the profiles of primary participants for the report.

By Company Type: Tier 1 - 35 %, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C-Level Executives - 35%, Directors - 25%, and Others - 40%
By Region: North America - 45%, Europe - 20%, APAC - 30%, and RoW - 5%

The report profiles key players in the ball valves market and analyzes their market rankings. Players profiled in this report are Emerson Electric Co. (US), Flowserve Corporation (US), Cameron-Schlumberger Ltd.(US), Crane Co.(US), IMI Plc.(Finland) , Kitz Corporation (Japan), Metso (Finland), Neway Valves Co. Ltd (China), Velan Inc. (Canada), Weir Group Plc (UK), Burkert Fluid Control Systems (Germany), Curtiss-Wright Corporation (US), Alfa Laval (Sweden), Apollo Valves (US), Valvitalia S.P.A (Italy), Avk Holdings A/S (Denmark), Dwyer Instruments (US), Ham-Let (US), Samson Controls Ltd (UK), and Swagelok (US).

Research Coverage
This report segments the ball valves market by material, valve type, size, industry, and geography. The report also describes major drivers, restraints, challenges, and opportunities pertaining to this market, as well as includes value chain and market ranking analysis.
Reasons to Buy This Report
The report will help leaders/new entrants in the ball valves market in the following ways:
1. The report segments the ball valves market comprehensively and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the ball valves market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the ball valves market. The competitive landscape section describes the competitor ecosystem.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES IN BALL VALVES MARKET
    • BALL VALVES MARKET, BY MATERIAL
    • BALL VALVES MARKET IN APAC, BY COUNTRY AND INDUSTRY
    • BALL VALVES MARKET, BY VALVE TYPE
    • BALL VALVES MARKET, BY COUNTRY (2019)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • BALL VALVES MARKET, BY MATERIAL
    • INTRODUCTION
      • Table BALL VALVES MARKET, BY MATERIAL, 2015–2024 (USD BILLION)
    • STAINLESS STEEL
      • STAINLESS STEEL MATERIAL TO DOMINATE THE BALL VALVES MARKET DURING THE FORECAST PERIOD
    • CAST IRON
      • CAST IORN MATERIAL GAINED TRACTION AS IT IS WIDELY USED IN WATER & WASTEWATER INDUSTRY AND HYDROELECTRIC POWER PLANTS
    • ALLOY BASED
      • ALLOY BASED BALL VALVES PLAYS ONE OF THE MOST SIGNIFICANT ROLE IN THE BALL VALVES MARKET
    • CRYOGENIC
      • CRYOGENIC MATERIAL IS EXPECTED TO BE FASTEST GROWING OWING TO ITS HIGHER ADOPTION RATE FOR CRYOGENIC VALVE IN OIL & GAS INDUSTRY
    • OTHERS
      • BRASS
      • BRONZE
      • PLASTIC
  • BALL VALVES MARKET, BY VALVE TYPE
    • INTRODUCTION
      • Table BALL VALVES MARKET, BY VALVE TYPE, 2015–2024 (USD BILLION)
    • TRUNNION MOUNTED BALL VALVES
      • TRUNNION MOUNTED BALL VALVES TO DOMINATE MARKET DURING THE FORECAST PERIOD
    • FLOATING BALL VALVE
      • FLOATING BALL VALVES TO WITNESS SIGNIFICANT GROWTH IN THE MARKET
    • RISING STEM BALL VALVE
      • RISING STEM BALL VALVES TO DRIVE THE MARKET FOR CHEMICAL INDUSTRY
  • BALL VALVES MARKET, BY SIZE
    • INTRODUCTION
      • Table BALL VALVES MARKET, BY SIZE, 2015–2024 (USD BILLION)
    • UP TO 1"
      • UP TO 1" BALL VALVES TO WITNESS SIGNIFICANT GROWTH IN THE MARKET
    • 1" TO 6"
      • 1" TO 6" BALL VALVES TO DOMINATE MARKET DURING THE FORECAST PERIOD
    • 6" TO 25"
      • 6" TO 25" BALL VALVES TO DRIVE THE MARKET FOR LARGEPRESSURE APPLICATIONS
    • 25" TO 50"
      • CHMICALS, ENERGY & POWER, AND PHARMACEUTICALS PLANTS ARE KEY INDUSTRIES FOR 25" TO 50" BALL VALVES FOR HIGH TEMPERATURE AND PRESSURE HANDLING APPLICATIONS
    • 50" AND LARGER
      • 50" AND LARGER BALL VALVES TO DRIVE THE MARKET FOR OIL & GAS, POWER, AND PETROCHEMICALS INDUSTRY
  • BALL VALVES MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table BALL VALVES MARKET, BY INDUSTRY, 2015–2024 (USD BILLION)
    • OIL & GAS
      • OIL & GAS INDUSTRY TO DOMINATE THE BALL VALVES MARKET DURING THE FORECAST PERIOD
        • Table BALL VALVES MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR OIL & GAS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR OIL & GAS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR OIL & GAS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR OIL & GAS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • ENERGY & POWER
      • ENERGY & POWER INDUSTRY TO WITNESS SIGNIFICANT GROWTH IN BALL VALVES MARKET
        • Table BALL VALVES MARKET IN ENERGY & POWER INDUSTRY, BY REGION 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • CHEMICALS
      • APAC DOMINATES THE BALL VALVES MARKET FOR CHEMICAL INDUSTRY
        • Table BALL VALVES MARKET IN CHEMICALS INDUSTRY, BY REGION 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR CHEMICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR CHEMICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR CHEMICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR CHEMICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • WATER & WASTEWATER
      • WATER & WASTEWATER IS EXPECTED TO BE FASTEST GROWING INDUSTRY FOR BALL VALVES MARKET OWING TO MODERNIZING THE AGING WATER INFRASTRUCTURE AND INCREASED INVESTMENTS IN SMART CITIES
        • Table BALL VALVES MARKET IN WATER & WASTEWATER INDUSTRY, BY REGION 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • BUILDING & CONSTRUCTION
      • BUILDING & CONSTRUCTION INDUSTRY IS EXPECTED TO WITNESS SIGNIFICANT GROWTH OWING TO URBANIZATION AND SMART INFRASTRUCTURE
        • Table BALL VALVES MARKET IN BUILDING & CONSTRUCTION INDUSTRY, BY REGION 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • PHARMACEUTICALS
      • APAC TO DRIVE BALL VALVES MARKET FOR PHARMACEUTICALS
        • Table BALL VALVES MARKET IN PHARMACEUTICALS INDUSTRY, BY REGION 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • AGRICULTURE
      • IRRIGATION AND PRECISION FARMING ARE KEY APPLICATION AREAS OF BALL VALVES FOR AGRICULTURE INDUSTRY
        • Table BALL VALVES MARKET IN AGRICULTURE INDUSTRY, BY REGION, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR AGRICULTURE INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR AGRICULTURE INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR AGRICULTURE INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR AGRICULTURE INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • METAL & MINING
      • APAC TO DRIVE BALL VALVES MARKET FOR METAL & MINING
        • Table BALL VALVES MARKET IN METAL & MINING INDUSTRY, BY REGION, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR METAL & MINING INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR METAL & MINING INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR METAL & MINING INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR METAL & MINING INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • PAPER & PULP
      • APAC TO DOMINATE THE BALL VALVES MARKET FOR PAPER & PULP INDUSTRY DURING THE FORECAST PERIOD
        • Table BALL VALVES MARKET IN PAPER & PULP INDUSTRY, BY REGION, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR PAPER & PULP INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR PAPER & PULP INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR PAPER & PULP INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR PAPER & PULP INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • FOOD & BEVERAGES
      • FOOD & BEVERAGE INDUSTRY TO WITNESS SIGNIFICANT GROWTH IN BALL VALVES MARKET
        • Table BALL VALVES MARKET IN FOOD & BEVERAGES INDUSTRY, BY REGION, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN NORTH AMERICA FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN EUROPE FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN APAC FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
        • Table BALL VALVES MARKET IN ROW FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
    • OTHERS
      • Table BALL VALVES MARKET IN OTHERS INDUSTRY, BY REGION 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN NORTH AMERICA FOR OTHERS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN EUROPE FOR OTHERS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN APAC FOR OTHERS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN ROW FOR OTHERS INDUSTRY, BY COUNTRY, 2015–2024 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table BALL VALVES MARKET, BY REGION, 2015–2024 (USD BILLION)
    • NORTH AMERICA
      • Table BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN NORTH AMERICA, BY INDUSTRY, 2015–2024 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN EUROPE, BY INDUSTRY, 2015–2024 (USD MILLION)
      • GERMANY
      • UK
      • FRANCE
      • ITALY
      • REST OF EUROPE
    • APAC
      • Table BALL VALVES MARKET IN APAC, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN APAC, BY INDUSTRY, 2015–2024 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • REST OF APAC
    • ROW
      • Table BALL VALVES MARKET IN ROW, BY COUNTRY, 2015–2024 (USD MILLION)
      • Table BALL VALVES MARKET IN ROW, BY INDUSTRY, 2015–2024 (USD MILLION)
      • SOUTH AMERICA
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANK ANALYSIS
      • Table MAJOR BALL VALVE MANUFACTURERS
    • COMPETITIVE SITUATIONS AND TRENDS
      • EXPANSION
        • Table EXPANSION (2013–2018)
      • TOP 5 PARTNERSHIPS, AGREEMENTS, AND CONTRACTS
        • Table TOP 5 PARTNERSHIPS, AGREEMENTS, AND CONTRACTS (2013–2018)
      • OTHERS
        • Table TOP 5 PRODUCT LAUNCH, ACQUISITION, AND OTHERS (2013–2018)
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • STRENGTH OF PRODUCT PORTFOLIO (FOR ALL 27 PLAYERS)
    • BUSINESS STRATEGY EXCELLENCE (FOR ALL 27 PLAYERS)
  • COMPANY PROFILES
    • INTRODUCTION
    • KEY PLAYERS
      • EMERSON ELECTRIC CO.
      • FLOWSERVE CORPORATION
      • CAMERON–SCHLUMBERGER LTD.
      • CRANE CO.
      • IMI PLC.
      • KITZ CORPORATION
      • METSO
      • NEWAY VALVES CO. LTD.
      • VELAN INC.
      • WEIR GROUP PLC
    • INNOVATORS
      • BURKERT FLUID CONTROL SYSTEMS
      • CURTISS-WRIGHT CORPORATION
      • ALFA LAVAL
      • APOLLO VALVES
      • VALVITALIA S.P.A
    • OTHER IMPORTANT KEY PLAYERS
      • AVK HOLDINGS A/S
      • DWYER INSTRUMENTS
      • HAM-LET
      • SAMSON CONTROLS LTD
      • SWAGELOK
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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