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(IT-NEWSWIRE.COM, April 22, 2018 ) 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.
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The growth of Ball valve market is highly dependent upon the growth of industries such as oil & gas, chemical, power, mining, refining. Apart from these industries, the ball valves are used in ships, fire safety protection services, nuclear power generation, etc. Globally, the manufacturing industry is anticipated to pertain its growth, as newer and innovative technologies plunge into these industries. The oil & gas industry is one of the major customers of ball valves.
Ball valve market by end-user vertical is segmented into water management, oil & gas, chemicals, pharmaceuticals, energy & power and others. The increasing urbanization in developing economies as well as developed economies have resulted in increased demand for oil & gas supply. Also, new exploration of natural gases throughout the globe and resulted in construction of new pipeline infrastructure as well as refinery and storage solutions.
The overall Ball valve market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Ball valve market.
The key players profiled in the automotive Ball valve market report are,
Cameron Schlumberger Inc.
Crane Co.
Curtiss Wright Corporation
Emerson Electric Co.
Flowserve Corporation
IMI PLC
KITZ Corporation
Metso Corporation
Valvitalia SpA
Velan Inc
4.2 Market Segmentation 19
4.2.1 Global Ball Valve Market - By Type 20
4.2.2 Global Ball Valve Market - By Material 21
4.2.3 Global Ball Valve Market - By End-user Vertical 21
4.2.4 Global Ball Valve Market - By Geography 21
4.3 PEST Analysis 23
4.3.1 North America PEST Analysis 23
4.3.2 Europe PEST Analysis 26
4.3.3 Asia Pacific PEST Analysis 29
4.3.4 Middle East & Africa PEST Analysis 31
4.3.5 South America PEST Analysis 34
5 Global Ball Valve Market - Key Industry Dynamics 36
5.1 Key Market Drivers 36
5.1.1 Oil & Gas Exploration 36
5.1.2 Emergence of IIOT 36
5.1.3 Demand for Process Safety 37
5.2 Key Market Restraints 38
5.2.1 Slowdown of mining Industry in APAC, South America and Africa region 38
5.3 Key Market Opporunities 38
5.3.1 New Material Development: 38
5.4 Future Trends 39
5.4.1 Emergence of Connected valves 39
5.5 Impact Analysis of Drivers and Restraints 40
6 Ball Valve Market - Global 41
6.1 Global Ball Valve Market Overview 41
6.2 Global Ball Valve Market Forecast and Analysis 42
7 Global Ball Valve Market Analysis - By Type 43
7.1 Overview 43
7.1 Rising Stem Ball Valve 44
7.1.1 Overview 44
7.1.2 Global Rising Stem Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 44
7.2 Floating Ball Valve 46
7.2.1 Overview 46
7.2.2 Global Floating Ball Valve Market Revenue and Forecasts to 2025 US$ Bn) 46
7.3 Trunnion Mounted Ball Valve 47
7.3.1 Overview 47
7.3.2 Global Trunnion Mounted Ball Valve Market Revenue and Forecasts to 2025 (US$ Bn) 47
8 Global Ball Valve Market Analysis -By Material 49
8.1 Overview 49
8.2 Stainless Steel 50
8.2.1 Overview 50
8.2.2 Global Stainless Steel Market Revenue and Forecasts to 2025 (US$ Bn) 50
8.3 Cryogenic 51
8.3.1 Overview 51
8.3.2 Global Cryogenic Market Revenue and Forecasts to 2025 (US$ Bn) 51
8.4 Cast Iron 53
8.4.1 Overview 53
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Source: EmailWire.Com 
Source: EmailWire.com
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