By Daniel Webster, dWeb.News Publisher
NEW YORK, Nov. 25, 2021 /PRNewswire/ — The ball valves market is expected to grow by USD 5.54 billion from 2021 to 2026. Technavio’s latest market research report estimates that the ball valves market will be progressing at a CAGR of 10.41%. Some of the major vendors of the ball valves market include Amco Industrial Valve, Amtech, Hawa Valves, and Tubes Pvt. Ltd, Hyper Valve, Kirloskar Brothers Ltd., Larsen, and Toubro Ltd., Proline Industrial Valves, Racer Valves Pvt. Ltd., Steelstrong Valves Pvt. Ltd., and VIP Valves Pvt. Ltd.
Ball Valves Market 2022-2026: Drivers & Challenges
The ball valves market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The factors such as the rising focus on industrialization, urbanization, and smart city development, and the growing demand for ball valves in the healthcare industry will offer immense growth opportunities. However, factors such as intense pricing pressure due to the availability of local low-priced valves may threaten the growth of the market.
To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Ball Valves Market 2022-2026: Scope
The report also covers the following areas:
Ball Valves Market 2022-2026: Segmentation
Trunnion Mounted Ball Valves
Floating Ball Valves
Rising Stem Ball Valves
Ball Valves Market 2022-2026: Key Regions & Revenue Generating Segment
38% of the market’s growth will originate from APAC. China and India are the key markets for ball valves in the region. The increasing nuclear power plant projects and up-gradation of the existing ones will facilitate the ball valves market growth in APAC over the forecast period.
The ball valves market share growth by the trunnion mounted ball vales segment has been significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the ball valves market size.
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Ball Valves Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist ball valves market growth during the next five years
Estimation of the ball valves market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the ball valves market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of ball valves market vendors
Valves Market –The valves market has the potential to grow by USD 11.85 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.38%. Download a free sample now!
HVAC Valves Market –The HVAC valves market has the potential to grow by USD 1.69 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 5.60%. Download a free sample now!
Ball Valves Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 10.41%
Market growth 2022-2026
USD 5.54 billion
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 38%
Key consumer countries
China, US, Germany, India, and UK
Leading companies, competitive strategies, consumer engagement scope
Amco Industrial Valve, Amtech, Hawa Valves and Tubes Pvt. Ltd, Hyper Valve, Kirloskar Brothers Ltd., Larsen and Toubro Ltd., Proline Industrial Valves, Racer Valves Pvt. Ltd., Steelstrong Valves Pvt. Ltd., and VIP Valves Pvt. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Download a free sample now to uncover highlights deployed by companies of the ball valves market.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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