Global Ball Valves Market – Industry Trends and Forecast to 2030

Ball Valves Market Analysis and Size

The valves, actuators, and positioners market refer to the industry involved in producing, distributing, and maintaining valves, actuators, and positioners used in various industrial applications. These components are essential in controlling the flow of fluids, gases, and other substances in pipelines, process industries, and manufacturing plants.

Data Bridge Market Research analyses that the global ball valves market, which was USD 8,700 million in 2022, would rocket up to USD 11,000 million by 2030 and is expected to undergo a CAGR of 5.5% during the forecast period. “Floating Ball Valve” is dominating in valve type segment due power generation, water and wastewater management, chemical processing, pharmaceuticals, food and beverages, and others. These industries rely on valves, actuators, and positioners to regulate fluid flow, maintain process control, improve safety, and enhance operational efficiency. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Ball Valves Market Scope and Segmentation

Market Definition

The global ball valves market refers to the global industry that involves the manufacturing, distributing, and selling ball valves. Ball valves are mechanical devices used to control the flow of fluids (liquids or gases) through a pipeline or system. They consist of a spherical closure element (ball) with a hole (bore) in the center that allows or blocks fluid flow when rotated. Ball valves are widely used in various industries, including oil and gas, chemical, water and wastewater, power generation, pharmaceuticals, and others. The market for ball valves encompasses all activities related to producing, distributing, and utilizing these valves. It includes the manufacturing of ball valves by suppliers and manufacturers, the distribution and sales of them through wholesalers, distributors, and retailers, and the installation, maintenance, and repair services provided by professionals or companies.

Global Ball Valves Market Dynamics

Drivers

• Increasing focus on sustainability

Increasing environmental concerns and regulatory requirements drive the demand for environmentally friendly and energy-efficient valves. Manufacturers that offer ball valves with reduced emissions, low leakage rates, and improved energy efficiency can capitalize on the growing demand for sustainable solutions.

• Replacement and retrofit market

As existing infrastructure and industrial facilities age, there is a growing need for replacing and retrofitting outdated valves. Upgrading existing systems with modern ball valves can improve efficiency, reduce maintenance costs, and enhance safety, creating a substantial market opportunity.

• Growing emerging economies

Rapid industrialization and urbanization in emerging economies, particularly in Asia-Pacific, Latin America, and Africa, drive the demand for ball valves. These regions are witnessing significant investments in infrastructure, energy, and manufacturing sectors, which require reliable valve solutions for fluid control.

Opportunities

• Advancements in valve technology

The Advancements in valve technology, such as the development of smart valves and the integration of automation and control systems, offer new opportunities in the market. Smart ball valves equipped with sensors and actuators can provide real-time data, remote monitoring, and predictive maintenance capabilities, improving overall system efficiency and reducing downtime.

Restraints/Challenges

• Disruptions in the supply chain

The market relies on global supply chains for sourcing raw materials, components, and parts. Disruptions in the supply chain, such as trade disputes, natural disasters, or geopolitical tensions, can lead to material shortages, increased lead times, and logistical challenges. Ensuring supply chain resilience and alternative sourcing options becomes crucial.

• Influence by economic conditions

Economic conditions influence the market, and during periods of economic downturns or recessions, there may be a decline in industrial activities, infrastructure investments, and project delays. This can impact the demand for ball valves and pose challenges for manufacturers in terms of lower sales volumes and reduced profitability.

Recent Development

• In March 2023, Emerson, a global technology and software company, was recognized by Fortune Magazine as one of America's most innovative companies for 2023. This accolade acknowledges Emerson's commitment to advancing innovation through its products, processes, and people, highlighting its position as a leader in automation technology and software
• In April 2022, merger between Valmet Oyj and Neles Corporation has been successfully registered and completed, with Neles being dissolved and consolidated into Valmet. This merger strengthens Valmet's position in the global process industries, particularly in automation systems and flow control solutions, and provides a solid foundation for further business growth.

Global Ball Valves Market Scope

The global ball valves market is segmented on the basis of material, valve type, size and industry. The growth amongst these segments will help to analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

By Material

• Stainless Steel
• Cast Iron
• Alloy Based
• Cryogenic, Others

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 and Gas
• Energy and Power
• Chemicals
• Water and Wastewater
• Building and Construction
• Pharmaceuticals
• Agriculture
• Metal and Mining
• Paper and Pulp
• Food and Beverages
• Others

Global Ball Valves Market Regional Analysis/Insights

The global ball valves market is analyzed, and market size insights and trends are provided by country, type, price range, application, and end user.

The countries covered in the global ball valves market report are the U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to dominate the market because of its advanced technological infrastructure and high adoption of smart city initiatives, strong presence of major players in the market, and rising number of research activities in this region.   

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to of rapid urbanization, increasing infrastructure development, and the adoption of advanced technologies in countries like China, Japan, and India. Additionally, the region's expanding automotive and consumer electronics industries contribute to the growing demand for infrared ball valves solutions. Furthermore, favorable government initiatives and investments in smart city projects further drive the market growth in the Asia-Pacific region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Global Ball Valves Infrastructure Growth Installed Base and New Technology Penetration

The global ball valves market also provides you with detailed market analysis for every country’s growth in technology expenditure for capital equipment, installed base of different kinds of products for market, the impact of technology using life line curves, and changes in ball valves regulatory scenarios and their impact on the Ball valves market. The data is available for the historic period 2010-2020.

Competitive Landscape and Global Ball Valves Market Share Analysis

The global ball valves market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global ball v market.

Some of the major players operating in the global ball valves market are:

• Flowserve Corporation (U.S.)
• Schlumberger Limited. (U.S.)
• Emerson Electric Co. (U.S.)
• Neles Corporation (Finland)
• IMI Critical Engineering (India)
• Crane Co.(U.S.)
• KITZ Corporation (Japan)
• Trillium Flow Technologies (U.K.)
• Spirax Sarco Limited.(India)
• Neway valve.(China)
• Velan Inc.(Canada)
• Bürkert GmbH & Co. KG (Germany)
• Curtiss-Wright.(U.S.)
• ALFA LAVAL (Sweden)
• Valvitalia SpA (Italy)
• AVK Flow Control (Australia)
• Apollo Valves (U.S.)
• HAM-LET GROUP (Isareal)
• SAMSON CONTROLS (India)
• Dwyer Instruments LTD. (U.S.)
• Swagelok Company (U.S.)

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