The 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.

The oil and gas industry will see decent growth in valve demand, with increasing offshore and shale exploration activities which will boost sales of ball valves in the market. Among the countries that will record healthy growth in oil and gas sector are Canada, Brazil, Nigeria, and the US refining companies. The companies located in these regions are likely to continue to enhance their crude processing capacity by upgrading existing facilities and building greenfield refineries.

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The report provides the current market size for Ball Valve, defines trends and presents growth forecasts for nine years from 2021 to 2028. 2021 is considered as the base year, and 2021 to 2028 is forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Ball Valve Market for all the regions globally.

The scope of the Ball Valve Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Ball Valve in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Ball Valve, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.

Ball Valve: Market Insights
Emergence of IIOT
The emergence of smart technologies and Industrial IoT is supporting in the industries developing further by using immense amounts of data generated by the group of equipment and systems for the different operational conditions. IIoT as one of the major trends in the industry is being implemented in almost all types of businesses across both developed as well as developing countries.

Type Market Insights
Ball Valve is a spherical closure unit, which enable on and off control of flow. 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. Based on general body styles, ball valves can be categorized into four i.e. fully welded, split body, side or end-entry and top-entry. The body styles are differentiated based on the manufacture and assembly of the valve pieces. However, the function of all these valves are same in each type but each design has their own benefits.

Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Ball Valve Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

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Major key players covered in this Ball Valve Market report:
• Cameron Schlumberger Inc.
• Crane Co.
• Curtiss Wright Corporation
• Emerson Electric Co
• Flowserve Corporation
• IMI Plc
• KITZ Corporation
• Metso Corporation
• Valvitalia SpA
• Velan Inc

Ball Valve Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Reason to Buy
• 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 guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Ball Valve Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• 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 restraining the growth at a certain extent.

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Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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