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ball valve market to grow at a high CAGR during reach US$ 1.88 Bn by forecast period 2017-2025

(IT-NEWSWIRE.COM, December 15, 2017 ) Trunnion mounted ball valves type segment of ball valve market is expected to continue its dominance. 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.

Request Sample Copy is Available at www.reportsweb.com/inquiry&RW0001875640/sample

With the increasing industrial developments in China, the economy’s demand for oil consumption has experienced a high increase during the past few years. Despite being one of the top petroleum rich country, China imports oil from other countries. However, till 2015, the country discovered 713 oilfields and 267 gas fields. In the year 2015 itself, 10 new gas fields and 11 new oilfields were put into production. Also, the country’s favorable taxation policies and current energy development plans are attracting foreign oil & gas companies to participate in the country’s developing oil & gas resources. This has resulted in increase in the demand for ball valves by the oil & gas refineries. China is global leader in terms of gross value of industrial output; iron, mining and ore processing, aluminum, steel, and other metals, coal; machine building; petroleum; chemicals; cement and fertilizers. As the economy of china acquires moderate growth rate, the country is expected to invest significantly into development of these industries, subsequently generating opportunities for development of ball valves market..

Global Ball Valve Market Players:

Cameron Schlumberger Inc.
Crane Co.
Curtiss Wright Corporation
Emerson Electric Co
Flowserve Corporation
IMI Plc
KITZ Corporation
Metso Corporation
Valvitalia SpA
Velan Inc

Complete Report is Available at www.reportsweb.com/ball-valve-market-to-2025

The report segments the global Ball Valve market as follows:

Global Ball Valve Market - By Type

Rising Stem Ball Valves
Floating Ball Valves
Trunnion Mounted Ball Valves

Global Ball Valve Market - By Material

Stainless Steel
Cast Iron
Cryogenic
Alloy
Others

Global Ball Valve Market - By End-User Verticals

Water Management
Oil & Gas
Chemicals
Pharmaceuticals
Energy & Power
Others

Global Ball Valve Market - By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
U.K

Asia Pacific (APAC)
Japan
China
India
Australia

Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa

South America (SAM)
Brazil


ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

Source: EmailWire.Com

Source: EmailWire.com

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