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Ball Valve Market Share, Size and Analysis

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

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Ball Valve Market Share, Size and Analysis

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  1. Ball Valve Market 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)

  2. Ball Valve Market 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. 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. 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.

  3. Ball Valve Market Market Insights 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. 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.

  4. Ball Valve Market Leading Players • The leading players in Ball Valve Market are: Cameron Schlumberger Inc. Crane Co. Curtiss Wright Corporation Emerson Electric Co Flowserve Corporation IMI Plc KITZ Corporation Metso Corporation Valvitalia SpA Velan Inc Get sample PDF copy @: https://www.theinsightpartners.com/sample/TIPTE100000555/

  5. Exhibit: Ball Valve Market by Region

  6. Exhibit: Ball Valve Market by Oil & Gas

  7. Ball Valve Market Access Full Research Report at: https://www.theinsightpartners.com/reports/ball-valve-market Thank You!

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