Ball Valve Market to 2025 – Global Analysis and Forecasts by Type (Rising Stem, Floating and Trunnion Mounted), Material (Stainless Steel, Cast Iron, Cryogenic, Alloy and Others) and End-user Verticals (Water Management, Oil & Gas, Chemicals, Pharmaceuticals, Energy & Power and Others)
Publication Month: Jul 2017
Report Code: TIPTE100000555 No. of Pages: 168 Category: Manufacturing and Construction Status: Published
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.
Valves are mechanical devices that facilitate assistance in controlling as well as regulating the flow of liquid and gases across various industrial and commercial applications. Among these the ball valve are specially designed valve constituting pivoting ball that aids in efficient controlling of material flow among numerous end-user industries. The two-way ball valves are considered to be the most common and highly used ball valves. Two-way ball valves enables flow to travel straight from the inlet to the exit. Moreover, three-way and four-way ball valves enable the flow to travel in several directions, which includes 90 degree angles. Different ball valves are used for different applications, depending on the nature and requirement of the industry vertical. As a result, the ball valve market to witness an attractive growth rate during the coming years and provide numerous profitable opportunities for the market players in the forecast period. The South America ball valve market region is expected to witness a CAGR growth rate of 0.7% in the coming years.
Exhibit: Ball Valve Market by Region
Market Insights
Growing demand for oil & gas energy coupled with an increase in deep sea oil & gas exploration activities
According to the International Energy Agency, growth in oil supply next few years is expected to outpace an anticipated pick-up in demand and this will boost global consumption above 100 million bpd next year for the first time. Some new pipeline projects will come into execution in Also, the Canadian Association of Petroleum Producers (CAPP) announced that the country will transport an added capacity of oil sands production to markets across North America and other global regions. U.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million b/d in 2016. Exports of distillate, gasoline, propane, and crude oil have increased in total. Apart from this, China is also planning to develop cleaner energy supplies. Natural gas is expected to play a key role in the years to follow because of its low price and low emissions. Increasing demand for natural gas provides a push to the construction of gas pipeline-related projects in China and is expected to boost the industrial valves market in the oil and gas industry. Moreover, the increase in investment towards commercialization and subsequent production of oil reserve along with surge in deep sea exploration is also anticipated to boost the demand for various valves demand. Subsequently, driving the growth for ball valve market in the coming years.
Increase in scope of application for IoT integrated ball valves
The improvement in technological capabilities has boosted the scope for application of IoT across different industry vertical. Furthermore, the growing emphasis towards achieving superior equipment efficiencies along with minimizing operational costs is also anticipated to boost the penetration of IoT among different equipment and devices. The oil and gas market is shifting toward valves integrated with embedded processor and networking capability to achieve sophisticated monitoring technology which can be coordinated with central control station. In order to attain this in industries, industrial valves are connected to data network, coordinating control valve operation with the data available. Connecting valves to a network allows distributed control, which can enable operators to reconfigure piping and networking systems so that a field can continue producing even if there is a blockage in, or damage to, the pipeline network. Thus, the growing popularity of IoT especially among industrial devices such as ball valve market is expected to provide numerous profitable opportunities for the market players in the coming years.
Ball Valve Market - End-user Vertical Insight
In the global ball valve market for the oil & gas industry, despite the recent downfall in oil prices the oil & gas industry, the demand for oil is expected to increase in the coming years. This growth is attributed to the increased demands from emerging economies that are experiencing a high growth in their infrastructural development and living standards of the people. The ball valves used in oil & gas industry should meet the requirements related to extreme temperatures as low as minus 200 degree Celsius to as high as 500 degree Celsius. Generally, trunnion mounted ball valves are used in oil & gas industry. Factors such as 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. Thus, the oil & gas industry for ball valve market is projected to provide numerous lucrative business opportunities for the market players in the forecast period.
Ball Valve Market - Type Insight
The trunnion mounted ball valve in the ball global valve market continue to dominate the global ball valve market in terms of revenue. The valve provide an effective solution for application that deal with high forces across different industrial as well as commercial application. . A trunnion mounted ball valve has added mechanical attachments at both on top as well as bottom on the ball. This mounting is appropriate for very high pressure piping. In trunnion mounted ball valve, the shaft, trunnion and the ball act together as a single unit and supports the ball in place of seats, unlike floating ball valves. It is broadly used in petroleum, power, chemical, water conservancy and other such industries. 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. The global trunnion ball valve market is expected to grow at a CAGR of 2.84% during the forecast period.
Exhibit: Ball Valve Market by Oil & Gas
Strategic Insights
The market initiative and new development was observed as the most adopted strategy in global ball valve market. Few of the recent strategies by some of the players ball valve market landscape are listed below:
2017: Velan receives contracts worth US$55 million to supply safety related valves for 3rd generation nuclear reactors at Hinkley Point C in the U.K.
2017: Emerson electric Co. acquired Pentair Plc’s valve & control business for US$ 3.15 Bn. The acquisition is aimed at ex[panding Emerson’s global footprint as well as to enhance company’s position in the market.
2017: Velan introduced the all new Securaseal R-series cast metal-seated ball valve at Valve World Expo in Houston, Texas.
GLOBAL BALL VALVE – MARKET SEGMENTATION
Ball Valve Market – By Type
- Rising Stem Ball Valve
- Floating Ball Valve
- Trunnion Mounted Ball Valve
Ball Valve Market – By Material
- Stainless Steel
- Cryogenic
- Cast Iron
- Alloy
- Others
Ball Valve Market – By End-user Vertical
- Water Management
- Oil & Gas
- Chemicals
- Pharmaceuticals
- Energy & Power
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- South America
- Brazil
Ball Valve Market - Company Profiles
- Cameron Schlumberger Inc.
- Crane Co.
- Curtiss Wright Corporation
- Emerson Electric Co
- Flowserve Corporation
- IMI Plc
- KITZ Corporation
- Metso Corporation
- Valvitalia SpA
- Velan Inc
Table of Contents
1.1 List of Tables 9
1.2 List of Figures 10
2 Introduction 13
2.1 Scope of the Study 13
2.2 The Insight Partners Research Report Guidance 13
3 Key Takeaways 15
4 Ball Valve Market Landscape 18
4.1 Market Overview 18
4.2 Market Segmentation 19
4.2.1 Global Ball Valve Market - By Type 20
4.2.2 Global Ball Valve Market - By Material 21
4.2.3 Global Ball Valve Market - By End-user Vertical 21
4.2.4 Global Ball Valve Market - By Geography 21
4.3 PEST Analysis 23
4.3.1 North America PEST Analysis 23
4.3.2 Europe PEST Analysis 26
4.3.3 Asia Pacific PEST Analysis 29
4.3.4 Middle East & Africa PEST Analysis 31
4.3.5 South America PEST Analysis 34
5 Global Ball Valve Market - Key Industry Dynamics 36
5.1 Key Market Drivers 36
5.1.1 Oil & Gas Exploration 36
5.1.2 Emergence of IIOT 36
5.1.3 Demand for Process Safety 37
5.2 Key Market Restraints 38
5.2.1 Slowdown of mining Industry in APAC, South America and Africa region 38
5.3 Key Market Opporunities 38
5.3.1 New Material Development: 38
5.4 Future Trends 39
5.4.1 Emergence of Connected valves 39
5.5 Impact Analysis of Drivers and Restraints 40
6 Ball Valve Market - Global 41
6.1 Global Ball Valve Market Overview 41
6.2 Global Ball Valve Market Forecast and Analysis 42
7 Global Ball Valve Market Analysis - By Type 43
7.1 Overview 43
7.1 Rising Stem Ball Valve 44
7.1.1 Overview 44
7.1.2 Global Rising Stem Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 44
7.2 Floating Ball Valve 46
7.2.1 Overview 46
7.2.2 Global Floating Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 46
7.3 Trunnion Mounted Ball Valve 47
7.3.1 Overview 47
7.3.2 Global Trunnion Mounted Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 47
8 Global Ball Valve Market Analysis -By Material 49
8.1 Overview 49
8.2 Stainless Steel 50
8.2.1 Overview 50
8.2.2 Global Stainless Steel Market Revenue and Forecasts to 2025 (US$ Bn) 50
8.3 Cryogenic 51
8.3.1 Overview 51
8.3.2 Global Cryogenic Market Revenue and Forecasts to 2025 (US$ Bn) 51
8.4 Cast Iron 53
8.4.1 Overview 53
8.4.2 Global Cast Iron Market Revenue and Forecasts to 2025 (US$ Bn) 53
8.5 Alloy 54
8.5.1 Overview 54
8.5.2 Global Alloy Market Revenue and Forecasts to 2025 (US$ Bn) 54
8.6 Others 56
8.6.1 Overview 56
8.6.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 56
9 Global Ball Valves Market Analysis - End-user Verticals 57
9.1 Overview 57
9.2 Water Management 58
9.2.1 Overview 58
9.2.2 Global Water Management Revenue and Forecasts to 2025 (US$ Bn) 58
9.3 Oil & Gas 59
9.3.1 Overview 59
9.3.2 Global Oil & Gas Market Revenue and Forecasts to 2025 (US$ Bn) 59
9.4 Chemicals 60
9.4.1 Overview 60
9.4.2 Global Chemicals Market Revenue and Forecasts to 2025 (US$ Bn) 61
9.5 Pharmaceuticals 62
9.5.1 Overview 62
9.5.2 Global Pharmaceuticals Market Revenue and Forecasts to 2025 (US$ Bn) 62
9.6 Energy & Power 63
9.6.1 Overview 63
9.6.2 Global Energy & Power Market Revenue and Forecasts to 2025 (US$ Bn) 64
9.7 Others 65
9.7.1 Overview 65
9.7.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 65
10 Global Ball Valve Market - Geographical Analysis 67
10.1 Overview 67
10.2 North America Ball Valve Market Revenue and Forecasts to 2025 68
10.2.1 Overview 68
10.2.2 North America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 68
10.2.3 North America Ball Valve Market Breakdown by Key Countries 70
10.2.3.1 U.S. Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 71
10.2.3.2 Canada Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 72
10.2.3.3 Mexico Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 73
10.2.4 North America Ball Valve Market Breakdown by Type 74
10.2.5 North America Ball Valve Market Breakdown by Material 74
10.2.6 North America Ball Valve Market Breakdown by End-User Verticals 75
10.3 Europe Ball Valve Market Revenue and Forecasts to 2025 77
10.3.1 Overview 77
10.3.2 Europe Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 77
10.3.3 Europe Ball Valve Market Breakdown by Key Countries 79
10.3.3.1 France Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 80
10.3.3.2 Germany Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 81
10.3.3.3 Italy Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 82
10.3.3.4 Spain Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 83
10.3.3.5 UK Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 84
10.3.4 Europe Ball Valve Market Breakdown by Type 85
10.3.5 Europe Ball Valve Market Breakdown by Material 86
10.3.6 Europe Ball Valve Market Breakdown by End-user Verticals 87
10.4 Asia Pacific (APAC) Ball Valve Market Revenue and Forecasts to 2025 89
10.4.1 Overview 89
10.4.2 Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 89
10.4.3 Asia Pacific Ball Valve Market Breakdown by Key Countries 91
10.4.3.1 Japan Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 92
10.4.3.2 China Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 93
10.4.3.3 India Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 94
10.4.3.4 Australia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 95
10.4.4 Asia Pacific Ball Valve Market Breakdown by Type 96
10.4.5 Asia Pacific Ball Valve Market Breakdown by Material 97
10.4.6 Asia Pacific Ball Valve Market Breakdown by End-user Verticals 98
10.5 Middle East & Africa (MEA) Ball Valve Market Revenue and Forecasts to 2025 100
10.5.1 Overview 100
10.5.2 Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 100
10.5.3 Middle East & Africa Ball Valve Market Breakdown by Key Countries 102
10.5.3.1 Saudi Arabia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 103
10.5.3.2 UAE Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 104
10.5.3.3 South Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 105
10.5.4 Middle East & Africa Ball Valve Market Breakdown by Type 106
10.5.5 Middle East & Africa Ball Valve Market Breakdown by Material 107
10.5.6 Middle East & Africa Ball Valve Market Breakdown by End-user Verticals 108
10.6 South America Ball Valve Market Revenue and Forecasts to 2025 110
10.6.1 Overview 110
10.6.2 South America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 110
10.6.3 South America Ball Valve Market Breakdown by Key Countries 112
10.6.3.1 Brazil Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 113
10.6.4 South America Ball Valve Market Breakdown by Type 114
10.6.5 South America Ball Valve Market Breakdown by Material 115
10.6.6 South America Ball Valve Market Breakdown by End-user Verticals 117
11 Industry Landscape 119
11.1 Market Initative 119
11.2 Merger and Acquisition 120
11.3 New Development 120
11.4 Investment Scenario 121
12 Competitive Landscape 122
12.1 Competitive Product Mapping 122
12.2 Market Positioning 123
13 Global Ball Valve Market - Key Company Profiles 124
13.1 Cameron Schlumberger Inc. 124
13.1.1 Key Facts 124
13.1.2 Business Description 124
13.1.3 Financial Overview 125
13.1.4 SWOT Analysis 125
13.1.5 Key Developments 126
13.2 Crane Co. 127
13.2.1 Key Facts 127
13.2.2 Business Description 127
13.2.3 Financial Overview 128
13.2.4 SWOT Analysis 128
13.2.5 Key Developments 130
13.3 Curtiss Wright Corporation. 131
13.3.1 Key Facts 131
13.3.2 Business Description 131
13.3.3 Financial Overview 132
13.3.4 SWOT Analysis 132
13.3.5 Key Developments 134
13.4 Emerson Electric Co. 135
13.4.1 Key Facts 135
13.4.2 Business Description 135
13.4.3 Financial Overview 136
13.4.4 SWOT Analysis 137
13.4.5 Key Developments 139
13.5 Flowserve Corporation 140
13.5.1 Key Facts 140
13.5.2 Business Description 140
13.5.3 Financial Overview 141
13.5.4 SWOT Analysis 141
13.5.5 Key Developments 144
13.6 IMI Plc. 145
13.6.1 Key Facts 145
13.6.2 Business Description 145
13.6.3 Financial Overview 146
13.6.4 SWOT Analysis 146
13.6.5 Key Developments 148
13.7 KITZ Corporation. 150
13.7.1 Key Facts 150
13.7.2 Business Description 150
13.7.3 Financial Overview 151
13.7.4 SWOT Analysis 151
13.7.5 Key Developments 153
13.8 Metso Corporation 154
13.8.1 Key Facts 154
13.8.2 Business Description 154
13.8.3 Financial Overview 155
13.8.4 SWOT Analysis 156
13.8.5 Key Developments 158
13.9 Valvitalia SpA 160
13.9.1 Key Facts 160
13.9.2 Business Description 160
13.9.3 Financial Overview 161
13.9.4 SWOT Analysis 161
13.9.5 Key Developments 163
13.1 Velan Inc. 164
13.10.1 Key Facts 164
13.10.2 Business Description 164
13.10.3 Financial Overview 165
13.10.4 SWOT Analysis 165
13.10.5 Key Developments 167
14 Appendix 168
14.1 About The Insight Partners 168
14.2 Glossary of Terms 169
14.3 Methodology 170
14.3.1 Coverage 170
14.3.2 Secondary Research 171
14.3.3 Primary Research 171
14.4 Contact Us 172
14.5 Disclaimer 172
List of Tables
Table 1: Global Ball Valve Market Revenue and Volume Forecasts to 2025 42
Table 2: North America Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 74
Table 3: North America Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 75
Table 4: North America Ball Valve Market Revenue and Forecasts to 2025 - By End User Verticals (US$ Bn) 76
Table 5: Europe Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 85
Table 6: Europe Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 86
Table 7: Europe Ball Valve Market Revenue and Forecasts to 2025 - By End-use Verticals (US$ Bn) 87
Table 8: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 96
Table 9: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 97
Table 10: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 - By End-user Verticals (US$ Bn) 99
Table 11: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 106
Table 12: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 108
Table 13: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 - By End-user Verticals (US$ Bn) 109
Table 14: South America Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 114
Table 15: South America Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 116
Table 16: South America Ball Valve Market Revenue and Forecasts to 2025 - By End-user Verticals (US$ Bn) 118
Table 17: Glossary of Terms, Ball Valve Market 169
List of Figures
Figure 1: China Ball Valve Market, Global Revenue (US$ Bn), 2016 & 2025 15
Figure 2: Oil & Gas Ball Valve Market, Global Revenue (US$ Bn), 2016 & 2025 16
Figure 3: Global Stainless Steel Ball Valve Market, Global Revenue (US$ Bn), 2016 & 2025 17
Figure 4: Ball Valve Market Segmentation 19
Figure 5: Ball Valve Market Segmentation 20
Figure 6: North America PEST Analysis 23
Figure 7: Europe PEST Analysis 26
Figure 8: APAC PEST Analysis 29
Figure 9: MEA PEST Analysis 31
Figure 10: SAM PEST Analysis 34
Figure 11: Ball Valve Market Impact Analysis of Driver and Restraints 40
Figure 12: Global Ball Valve Market Breakdown By Type, 2016 & 2025 (%) 43
Figure 13: Global Rising Stem Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 45
Figure 14: Global Floating Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 47
Figure 15: Global Trunnion Mounted Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 48
Figure 16: Global Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 49
Figure 17: Global Stainless Steel Market Revenue and Forecasts to 2025 (US$ Bn) 51
Figure 18: Global Cryogenic Market Revenue and Forecasts to 2025 (US$ Bn) 52
Figure 19: Global Cast Iron Market Revenue and Forecasts to 2025 (US$ Bn) 53
Figure 20: Global Alloy Market Revenue and Forecasts to 2025 (US$ Bn) 55
Figure 21: Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 56
Figure 22: Global Ball Valves Market Breakdown By End-user Verticals, 2016 & 2025 (%) 57
Figure 23: Global Water Management Market Revenue and Forecasts to 2025 (US$ Bn) 59
Figure 24: Global Oil & Gas Market Revenue and Forecasts to 2025 (US$ Bn) 60
Figure 25: Global Chemicals Market Revenue and Forecasts to 2025 (US$ Bn) 61
Figure 26: Global Pharmaceuticals Market Revenue and Forecasts to 2025 (US$ Bn) 63
Figure 27: Global Energy & Power Market Revenue and Forecasts to 2025 (US$ Bn) 64
Figure 28: Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 66
Figure 29: Ball Valve Market, Global Breakdown by Regions, 2016 & 2025 (%) 67
Figure 30: North America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 69
Figure 31: North America Ball Valve Market Breakdown by Key Countries, 2016 & 2025(%) 70
Figure 32: U.S. Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 71
Figure 33: Canada Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 72
Figure 34: Mexico Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 73
Figure 35: Europe Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 78
Figure 36: Europe Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 79
Figure 37: France Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 80
Figure 38: Germany Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 81
Figure 39: Italy Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 82
Figure 40: Spain Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 83
Figure 41: UK Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 84
Figure 42: Europe Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 85
Figure 43: Europe Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 86
Figure 44: Europe Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%) 87
Figure 45: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 90
Figure 46: Asia Pacific Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 91
Figure 47: Japan Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 92
Figure 48: China Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 93
Figure 49: India Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 94
Figure 50: Australia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 95
Figure 51: Asia Pacific Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 96
Figure 52: Asia Pacific Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 97
Figure 53: Asia Pacific Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%) 98
Figure 54: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 101
Figure 55: Middle East & Africa Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 102
Figure 56: Saudi Arabia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 103
Figure 57: UAE Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 104
Figure 58: South Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 105
Figure 59: Middle East & Africa Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 106
Figure 60: Middle East & Africa Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 107
Figure 61: Middle East & Africa Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%)
Figure 62: South America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 111
Figure 63: South America Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 112
Figure 64: Brazil Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 113
Figure 65: South America Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 114
Figure 66: South America Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 115
Figure 67: South America Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%) 117
Figure 68:Ball Valve Market Competitive Product Mapping 122
1.1 List of Tables 9
1.2 List of Figures 10
2 Introduction 13
2.1 Scope of the Study 13
2.2 The Insight Partners Research Report Guidance 13
3 Key Takeaways 15
4 Ball Valve Market Landscape 18
4.1 Market Overview 18
4.2 Market Segmentation 19
4.2.1 Global Ball Valve Market - By Type 20
4.2.2 Global Ball Valve Market - By Material 21
4.2.3 Global Ball Valve Market - By End-user Vertical 21
4.2.4 Global Ball Valve Market - By Geography 21
4.3 PEST Analysis 23
4.3.1 North America PEST Analysis 23
4.3.2 Europe PEST Analysis 26
4.3.3 Asia Pacific PEST Analysis 29
4.3.4 Middle East & Africa PEST Analysis 31
4.3.5 South America PEST Analysis 34
5 Global Ball Valve Market - Key Industry Dynamics 36
5.1 Key Market Drivers 36
5.1.1 Oil & Gas Exploration 36
5.1.2 Emergence of IIOT 36
5.1.3 Demand for Process Safety 37
5.2 Key Market Restraints 38
5.2.1 Slowdown of mining Industry in APAC, South America and Africa region 38
5.3 Key Market Opporunities 38
5.3.1 New Material Development: 38
5.4 Future Trends 39
5.4.1 Emergence of Connected valves 39
5.5 Impact Analysis of Drivers and Restraints 40
6 Ball Valve Market - Global 41
6.1 Global Ball Valve Market Overview 41
6.2 Global Ball Valve Market Forecast and Analysis 42
7 Global Ball Valve Market Analysis - By Type 43
7.1 Overview 43
7.1 Rising Stem Ball Valve 44
7.1.1 Overview 44
7.1.2 Global Rising Stem Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 44
7.2 Floating Ball Valve 46
7.2.1 Overview 46
7.2.2 Global Floating Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 46
7.3 Trunnion Mounted Ball Valve 47
7.3.1 Overview 47
7.3.2 Global Trunnion Mounted Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 47
8 Global Ball Valve Market Analysis -By Material 49
8.1 Overview 49
8.2 Stainless Steel 50
8.2.1 Overview 50
8.2.2 Global Stainless Steel Market Revenue and Forecasts to 2025 (US$ Bn) 50
8.3 Cryogenic 51
8.3.1 Overview 51
8.3.2 Global Cryogenic Market Revenue and Forecasts to 2025 (US$ Bn) 51
8.4 Cast Iron 53
8.4.1 Overview 53
8.4.2 Global Cast Iron Market Revenue and Forecasts to 2025 (US$ Bn) 53
8.5 Alloy 54
8.5.1 Overview 54
8.5.2 Global Alloy Market Revenue and Forecasts to 2025 (US$ Bn) 54
8.6 Others 56
8.6.1 Overview 56
8.6.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 56
9 Global Ball Valves Market Analysis - End-user Verticals 57
9.1 Overview 57
9.2 Water Management 58
9.2.1 Overview 58
9.2.2 Global Water Management Revenue and Forecasts to 2025 (US$ Bn) 58
9.3 Oil & Gas 59
9.3.1 Overview 59
9.3.2 Global Oil & Gas Market Revenue and Forecasts to 2025 (US$ Bn) 59
9.4 Chemicals 60
9.4.1 Overview 60
9.4.2 Global Chemicals Market Revenue and Forecasts to 2025 (US$ Bn) 61
9.5 Pharmaceuticals 62
9.5.1 Overview 62
9.5.2 Global Pharmaceuticals Market Revenue and Forecasts to 2025 (US$ Bn) 62
9.6 Energy & Power 63
9.6.1 Overview 63
9.6.2 Global Energy & Power Market Revenue and Forecasts to 2025 (US$ Bn) 64
9.7 Others 65
9.7.1 Overview 65
9.7.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 65
10 Global Ball Valve Market - Geographical Analysis 67
10.1 Overview 67
10.2 North America Ball Valve Market Revenue and Forecasts to 2025 68
10.2.1 Overview 68
10.2.2 North America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 68
10.2.3 North America Ball Valve Market Breakdown by Key Countries 70
10.2.3.1 U.S. Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 71
10.2.3.2 Canada Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 72
10.2.3.3 Mexico Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 73
10.2.4 North America Ball Valve Market Breakdown by Type 74
10.2.5 North America Ball Valve Market Breakdown by Material 74
10.2.6 North America Ball Valve Market Breakdown by End-User Verticals 75
10.3 Europe Ball Valve Market Revenue and Forecasts to 2025 77
10.3.1 Overview 77
10.3.2 Europe Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 77
10.3.3 Europe Ball Valve Market Breakdown by Key Countries 79
10.3.3.1 France Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 80
10.3.3.2 Germany Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 81
10.3.3.3 Italy Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 82
10.3.3.4 Spain Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 83
10.3.3.5 UK Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 84
10.3.4 Europe Ball Valve Market Breakdown by Type 85
10.3.5 Europe Ball Valve Market Breakdown by Material 86
10.3.6 Europe Ball Valve Market Breakdown by End-user Verticals 87
10.4 Asia Pacific (APAC) Ball Valve Market Revenue and Forecasts to 2025 89
10.4.1 Overview 89
10.4.2 Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 89
10.4.3 Asia Pacific Ball Valve Market Breakdown by Key Countries 91
10.4.3.1 Japan Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 92
10.4.3.2 China Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 93
10.4.3.3 India Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 94
10.4.3.4 Australia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 95
10.4.4 Asia Pacific Ball Valve Market Breakdown by Type 96
10.4.5 Asia Pacific Ball Valve Market Breakdown by Material 97
10.4.6 Asia Pacific Ball Valve Market Breakdown by End-user Verticals 98
10.5 Middle East & Africa (MEA) Ball Valve Market Revenue and Forecasts to 2025 100
10.5.1 Overview 100
10.5.2 Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 100
10.5.3 Middle East & Africa Ball Valve Market Breakdown by Key Countries 102
10.5.3.1 Saudi Arabia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 103
10.5.3.2 UAE Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 104
10.5.3.3 South Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 105
10.5.4 Middle East & Africa Ball Valve Market Breakdown by Type 106
10.5.5 Middle East & Africa Ball Valve Market Breakdown by Material 107
10.5.6 Middle East & Africa Ball Valve Market Breakdown by End-user Verticals 108
10.6 South America Ball Valve Market Revenue and Forecasts to 2025 110
10.6.1 Overview 110
10.6.2 South America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 110
10.6.3 South America Ball Valve Market Breakdown by Key Countries 112
10.6.3.1 Brazil Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 113
10.6.4 South America Ball Valve Market Breakdown by Type 114
10.6.5 South America Ball Valve Market Breakdown by Material 115
10.6.6 South America Ball Valve Market Breakdown by End-user Verticals 117
11 Industry Landscape 119
11.1 Market Initative 119
11.2 Merger and Acquisition 120
11.3 New Development 120
11.4 Investment Scenario 121
12 Competitive Landscape 122
12.1 Competitive Product Mapping 122
12.2 Market Positioning 123
13 Global Ball Valve Market - Key Company Profiles 124
13.1 Cameron Schlumberger Inc. 124
13.1.1 Key Facts 124
13.1.2 Business Description 124
13.1.3 Financial Overview 125
13.1.4 SWOT Analysis 125
13.1.5 Key Developments 126
13.2 Crane Co. 127
13.2.1 Key Facts 127
13.2.2 Business Description 127
13.2.3 Financial Overview 128
13.2.4 SWOT Analysis 128
13.2.5 Key Developments 130
13.3 Curtiss Wright Corporation. 131
13.3.1 Key Facts 131
13.3.2 Business Description 131
13.3.3 Financial Overview 132
13.3.4 SWOT Analysis 132
13.3.5 Key Developments 134
13.4 Emerson Electric Co. 135
13.4.1 Key Facts 135
13.4.2 Business Description 135
13.4.3 Financial Overview 136
13.4.4 SWOT Analysis 137
13.4.5 Key Developments 139
13.5 Flowserve Corporation 140
13.5.1 Key Facts 140
13.5.2 Business Description 140
13.5.3 Financial Overview 141
13.5.4 SWOT Analysis 141
13.5.5 Key Developments 144
13.6 IMI Plc. 145
13.6.1 Key Facts 145
13.6.2 Business Description 145
13.6.3 Financial Overview 146
13.6.4 SWOT Analysis 146
13.6.5 Key Developments 148
13.7 KITZ Corporation. 150
13.7.1 Key Facts 150
13.7.2 Business Description 150
13.7.3 Financial Overview 151
13.7.4 SWOT Analysis 151
13.7.5 Key Developments 153
13.8 Metso Corporation 154
13.8.1 Key Facts 154
13.8.2 Business Description 154
13.8.3 Financial Overview 155
13.8.4 SWOT Analysis 156
13.8.5 Key Developments 158
13.9 Valvitalia SpA 160
13.9.1 Key Facts 160
13.9.2 Business Description 160
13.9.3 Financial Overview 161
13.9.4 SWOT Analysis 161
13.9.5 Key Developments 163
13.1 Velan Inc. 164
13.10.1 Key Facts 164
13.10.2 Business Description 164
13.10.3 Financial Overview 165
13.10.4 SWOT Analysis 165
13.10.5 Key Developments 167
14 Appendix 168
14.1 About The Insight Partners 168
14.2 Glossary of Terms 169
14.3 Methodology 170
14.3.1 Coverage 170
14.3.2 Secondary Research 171
14.3.3 Primary Research 171
14.4 Contact Us 172
14.5 Disclaimer 172
List of Tables
Table 1: Global Ball Valve Market Revenue and Volume Forecasts to 2025 42
Table 2: North America Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 74
Table 3: North America Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 75
Table 4: North America Ball Valve Market Revenue and Forecasts to 2025 - By End User Verticals (US$ Bn) 76
Table 5: Europe Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 85
Table 6: Europe Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 86
Table 7: Europe Ball Valve Market Revenue and Forecasts to 2025 - By End-use Verticals (US$ Bn) 87
Table 8: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 96
Table 9: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 97
Table 10: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 - By End-user Verticals (US$ Bn) 99
Table 11: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 106
Table 12: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 108
Table 13: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 - By End-user Verticals (US$ Bn) 109
Table 14: South America Ball Valve Market Revenue and Forecasts to 2025 - By Type (US$ Bn) 114
Table 15: South America Ball Valve Market Revenue and Forecasts to 2025 - By Material (US$ Bn) 116
Table 16: South America Ball Valve Market Revenue and Forecasts to 2025 - By End-user Verticals (US$ Bn) 118
Table 17: Glossary of Terms, Ball Valve Market 169
List of Figures
Figure 1: China Ball Valve Market, Global Revenue (US$ Bn), 2016 & 2025 15
Figure 2: Oil & Gas Ball Valve Market, Global Revenue (US$ Bn), 2016 & 2025 16
Figure 3: Global Stainless Steel Ball Valve Market, Global Revenue (US$ Bn), 2016 & 2025 17
Figure 4: Ball Valve Market Segmentation 19
Figure 5: Ball Valve Market Segmentation 20
Figure 6: North America PEST Analysis 23
Figure 7: Europe PEST Analysis 26
Figure 8: APAC PEST Analysis 29
Figure 9: MEA PEST Analysis 31
Figure 10: SAM PEST Analysis 34
Figure 11: Ball Valve Market Impact Analysis of Driver and Restraints 40
Figure 12: Global Ball Valve Market Breakdown By Type, 2016 & 2025 (%) 43
Figure 13: Global Rising Stem Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 45
Figure 14: Global Floating Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 47
Figure 15: Global Trunnion Mounted Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 48
Figure 16: Global Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 49
Figure 17: Global Stainless Steel Market Revenue and Forecasts to 2025 (US$ Bn) 51
Figure 18: Global Cryogenic Market Revenue and Forecasts to 2025 (US$ Bn) 52
Figure 19: Global Cast Iron Market Revenue and Forecasts to 2025 (US$ Bn) 53
Figure 20: Global Alloy Market Revenue and Forecasts to 2025 (US$ Bn) 55
Figure 21: Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 56
Figure 22: Global Ball Valves Market Breakdown By End-user Verticals, 2016 & 2025 (%) 57
Figure 23: Global Water Management Market Revenue and Forecasts to 2025 (US$ Bn) 59
Figure 24: Global Oil & Gas Market Revenue and Forecasts to 2025 (US$ Bn) 60
Figure 25: Global Chemicals Market Revenue and Forecasts to 2025 (US$ Bn) 61
Figure 26: Global Pharmaceuticals Market Revenue and Forecasts to 2025 (US$ Bn) 63
Figure 27: Global Energy & Power Market Revenue and Forecasts to 2025 (US$ Bn) 64
Figure 28: Global Others Market Revenue and Forecasts to 2025 (US$ Bn) 66
Figure 29: Ball Valve Market, Global Breakdown by Regions, 2016 & 2025 (%) 67
Figure 30: North America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 69
Figure 31: North America Ball Valve Market Breakdown by Key Countries, 2016 & 2025(%) 70
Figure 32: U.S. Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 71
Figure 33: Canada Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 72
Figure 34: Mexico Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 73
Figure 35: Europe Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 78
Figure 36: Europe Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 79
Figure 37: France Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 80
Figure 38: Germany Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 81
Figure 39: Italy Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 82
Figure 40: Spain Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 83
Figure 41: UK Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 84
Figure 42: Europe Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 85
Figure 43: Europe Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 86
Figure 44: Europe Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%) 87
Figure 45: Asia Pacific Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 90
Figure 46: Asia Pacific Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 91
Figure 47: Japan Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 92
Figure 48: China Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 93
Figure 49: India Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 94
Figure 50: Australia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 95
Figure 51: Asia Pacific Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 96
Figure 52: Asia Pacific Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 97
Figure 53: Asia Pacific Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%) 98
Figure 54: Middle East & Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 101
Figure 55: Middle East & Africa Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 102
Figure 56: Saudi Arabia Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 103
Figure 57: UAE Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 104
Figure 58: South Africa Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 105
Figure 59: Middle East & Africa Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 106
Figure 60: Middle East & Africa Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 107
Figure 61: Middle East & Africa Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%)
Figure 62: South America Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 111
Figure 63: South America Ball Valve Market Breakdown by Key Countries, 2016 & 2025 (%) 112
Figure 64: Brazil Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 113
Figure 65: South America Ball Valve Market Breakdown by Type, 2016 & 2025 (%) 114
Figure 66: South America Ball Valve Market Breakdown by Material, 2016 & 2025 (%) 115
Figure 67: South America Ball Valve Market Breakdown by End-user Verticals, 2016 & 2025 (%) 117
Figure 68:Ball Valve Market Competitive Product Mapping 122
The List of Companies
- Cameron Schlumberger Inc.
- Crane Co.
- Curtiss Wright Corporation
- Emerson Electric Co
- Flowserve Corporation
- IMI Plc
- KITZ Corporation
- Metso Corporation
- Valvitalia SpA
- Velan Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global ball valve market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global ball valve market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.