A ball valve is a device with a spherical closure unit that provides on/off control of flow. The sphere has a port, also known as a bore, through the center. When the valve is positioned such that the bore is aligned in the same direction as the pipeline, it is in open position and fluid can flow through it. When rotated 90 degrees, the bore becomes perpendicular to the flow path, meaning the valve is closed and the fluid cannot pass through.
This report contains market size and forecasts of Ball Valve in global, including the following market information:
Global Ball Valve Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Ball Valve Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Ball Valve companies in 2021 (%)
The global Ball Valve market was valued at 13560 million in 2021 and is projected to reach US$ 13470 million by 2028, at a CAGR of -0.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Stainless Steel Ball Valves Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ball Valve include Tyco International, Emerson Electric, Flowserve, Kitz, IMI plc, Cameron, GE, Crane Company and Metso, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ball Valve manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ball Valve Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Ball Valve Market Segment Percentages, by Type, 2021 (%)
Stainless Steel Ball Valves
Carbon Steel Ball Valves
Bronze Ball Valves
Brass Ball Valves
Alloy Ball Valves
Cast Iron Ball Valves
Cast Steel Ball Valves
Others
Global Ball Valve Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Ball Valve Market Segment Percentages, by Application, 2021 (%)
Oil and Gas
Energy Power
Chemical
Water Treatment
Paper Making
Others
Global Ball Valve Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Ball Valve Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ball Valve revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Ball Valve revenues share in global market, 2021 (%)
Key companies Ball Valve sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Ball Valve sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tyco International
Emerson Electric
Flowserve
Kitz
IMI plc
Cameron
GE
Crane Company
Metso
Rotork
Circor
VELAN
KSB
VANATOME
Watts Water Technologies
Bray
GEMU
Spirax Sarco
NEWAY
Chengdu Chengfeng Valve Group
Henan Kaifeng High Pressure Valve
YuanDa Valve Group
CNNC Sufa Technology Industry
BVMC
Shandong Yidu Valve Group Corp
Dazhong Valve Group
DunAn
SHK
DV VALVE
FangYuan Valve Group