Pune, India -- (SBWIRE) -- 07/05/2018 -- Competitive Analysis:
Ball Valves Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
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Report Analysis:
The Global Ball Valves Market accounted to USD 12.0 billion in 2016 growing at a CAGR of 3.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Top Key Players:
- Emerson
- Flowserve Corporation
- Cameron–Schlumberger Ltd.
- Crane Co.
- IMI PLC.
- Kitz Corporation
- Metso
- Neway Valves Co. Ltd.
- Velan Inc.
- Weir Group PLC
- Burkert Fluid Control Systems
- Curtiss-Wright Corporation
- Alfa Laval
- Apollo Valves
- Valvitalia S.P.A
- Alfa Laval AB
- Swagelok Company
- MRC Global Inc.
- Emerson Electric Company
- Weir Group
- among others
In 2017, Emerson acquired Pentair Valves & Controls, which will integrate into its automation solutions platform.
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Global Ball Valves Market: Type (Floating, Rising Stem, Trunnion Mounted, Others), Material Type (Alloy Based, Bronze, Brass, Steel, Cryogenic, Cast Iron, Others), End-user (Chemicals, Food & Beverage, Pharmaceuticals, Building & Construction, Aerospace & defense, Oil & Gas, Water & Wastewater, Energy & Power, Utilities, Others) and Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Forecast till 2024
The Global Ball Valves Market report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
Report Drivers and Restraints:
- Process Plant Modernization
- Increase in Energy Consumption
- Increasing Manufacturing Industry
- Demand for Process Safety
- Slowdown of the Mining Industry in APAC, Latin America, and Africa
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Report Segmentation:
On the basis of type the Ball Valves Market is segmented into:
- Synchronous Floating
- Rising Stem
- Trunnion Mounted
- Others
The Trunnion Mounted market is expected to grow in the forecasted period.
On the basis of material used the Ball Valves Market is segmented into:
- Alloy Based
- Bronze
- Brass
- Steel
- Cryogenic
- Cast Iron
- Others
The alloy based market is expected to grow in the forecasted period.
On the basis of end-user the Ball Valves Market is segmented into:
- Chemicals
- Food & Beverage
- Pharmaceuticals
- Building & Construction
- Aerospace & defense
- Oil & Gas
- Water & Wastewater
- Energy & Power
- Utilities
- Others
The Energy & Power market is expected to grow in the forecasted period.
On the basis of geography, Ball Valves Market report covers data points for 28 countries across multiple geographies such as:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Ball Valves Market?
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