Global Ball Valves Market – Forecast to Reach $13.9 Billion by 2023 – Research and Markets

The "Ball Valves - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering.

The Global Ball Valves Market accounted for $11.26 billion in 2016 and is expected to reach $13.98 billion by 2023 growing at a CAGR of 3.1% during the forecast period.

Ball Valves are used in various end users segments such as oil & gas, aerospace & defense and other industries. This market is categorized by many manufacturers and several regional players owing to its heavy competition in the market. The growth of the market is propelled by increasing demand for process safety, rise in energy consumption, process plant renovation and growing modern industries in Middle East region. However, delay of the mining industry in APAC, Latin America, and Africa is creating a negative impact in the market.

Based on material, cast iron segment is used in wide range of applications such as automotives, pipes and machines due to its castability, quite low melting point, excellent machinability, excellent fluidity, wear resistance and resistance to deformation. Moreover, it is used for the development of common water valves in which pressure and temperature is not a strict issue.

Materials Covered:

• Alloy
• Stainless Steel
• Cryogenic
• Cast Iron
• Other Materials

Sizes Covered:

• Ball Valves of Size- 50 and Above
• Ball Valves of Size- 25 to 50
• Ball Valves of Size -6 to 25"
• Ball Valves of Size- 1-6
• Ball Valves of Size- Up to 1

Types Covered:

• Rising Stem Ball Valves
• Trunnion Mounted Ball Valves
• Floating Ball Valves

End Users Covered:

• Building and Construction
• Food & Beverage
• Energy & Power
• Oil & Gas
• Chemicals
• Pharmaceuticals
• Water & Wastewater
• Aerospace & Defense
• Other End Users

Companies Mentioned

• Valvitalia S.P.A
• Alfa Laval
• Burkert Fluid Control Systems
• Velan Inc.
• Metso
• IMI PLC.
• Cameron-Schlumberger Ltd.
• Emerson
• Apollo Valves
• Curtiss-Wright Corporation
• Weir Group PLC
• Neway Valv

Key Topics Covered:

1. Executive Summary

2. Preface

3. Market Trend Analysis

4. Porters Five Force Analysis

5. Global Ball Valves Market, By Material

6. Global Ball Valves Market, By Size

7. Global Ball Valves Market, By Type

8. Global Ball Valves Market, By End User

9. Global Ball Valves Market, By Geography

10. Key Developments

11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/sc3m87/ball_valves

View source version on businesswire.com: http://www.businesswire.com/news/home/20171229005267/en/