The Ball Valves Market report includes a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about Semiconductors and Electronics industry. Statistical data mentioned in the report is symbolized with the help of graphs which simplifies the understanding of facts and figures. The Ball Valves Market report helps define commerce strategies to the businesses of small, medium as well as large size. The analysis and estimations conducted via this report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.
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Major Market Competitors/Players
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.
Global Ball Valves Market 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)– Industry Trends and Forecast to 2026
Key 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.
Market Drivers:
- High demand for modernized process plant is expected to act as a driver to the market growth
- There is increase in energy consumption due to industrialization, urbanization, and smart city initiatives this is driver for the market.
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Segmentation: Global Ball Valves Market
By Material
- Stainless Steel
- Cast Iron
- Alloy Based
- Cryogenic
- Others
- Brass
- Bronze
- Plastic
By Valve Type
- Trunnion Mounted ball valves
- Floating Ball Valve
- Rising Stem Ball Valve
By Size
- Up to 1”
- 1” to 6”
- 6” to 25”
- 25” to 50”
- 50” and Larger
By Industry
- Oil & Gas
- Energy & Power
- Chemicals
- Water & Wastewater
- Building & Construction
- Pharmaceuticals
- Agriculture
- Metal & Mining
- Paper & Pulp
- Food & Beverages
- Others
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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