Global Ball Valves Market
Ball Valves Market Size And Forecast
According to Verified Market Research, The Global Ball Valves Market was valued at USD 12.30 billion in 2019 and is projected to reach USD 14.99 billion by 2027, growing at a CAGR of 2.7% from 2020 to 2027.
Global Ball Valves Market Outlook
The growth in industries such as oil and gas, chemical, power, mining, refining, etc. is anticipated to be one of the major factors contributing to the growth of the Global Ball Valve market in the forecast period as newer and innovative technologies plunge into these industries. The oil & gas industry is one of the major customers of ball valves due to the wide applications of the ball valves in the industry.
Global Ball Valves Market, Competitive Landscape
The Global Ball Valves market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include 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 and Valvitalia S.P.A.
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