Ball Valve Market 2025 Opportunities, Key Manufacturers & Landscape, Regions, Limitations, Drivers, Analysis, and Forecasts

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Sayali M

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Nov 7, 2017, 6:27:30 AM11/7/17
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Ball Valves Market is driven by increasing demand for industrialization in emerging economies, the evolution of Industrial Internet of Things (IIoT), and the demand for process safety. Ball valve market is expected to grow US$ 12.89 billion by 2025 from US$ 10.38 billion in 2016. The trunnion mounted ball offers lower operating torque of the ball in comparison to floating ball. This helps in reducing the complete cost of value actuation package since, it reduce the size of the actuator when the ball valve is actuated. The objective of the report is to provide a detailed analysis of the ball valves market based on type, material, End-use Verticals and geography. The report provides detailed information regarding the major factors influencing the growth of this market. The report also provides a detailed overview of the value chain of the ball valves market.

 

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