出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年12月
Ball Valves Market – Global Forecast to 2028
ボールバルブ市場 : 材質 (鋳鉄、ステンレス鋼、合金ベース、真鍮、青銅、プラスチック)、タイプ (トラニオンマウント、フローティング、ライジングステム)、サイズ (<1 インチ、1 インチ～5 インチ、6 インチ～24 インチ、25 ”-50” & >50”)、産業 (石油・ガス、化学) 、地域別 – 2028年までの世界予測
Ball Valves Market by Material (Cast Iron, Stainless Steel, Alloy-based, Brass, Bronze & Plastic), Type(Trunnion-mounted, Floating, Rising Stem), Size (<1”, 1”-5”, 6”-24”, 25”-50” & >50”), Industry (Oil & Gas, Chemicals) & Region – Global Forecast to 2028
| ページ数 | 232 |
| 図表数 | 277 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The global Ball valves market is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, registering a CAGR of 4.6%. The ball valves sector has experienced notable expansion due to the rise in industrial activities, heightened requirements from oil and gas industries, water treatment, and extensive global infrastructure projects. Advancements in technology, alongside a strong emphasis on enhancing efficiency and dependability in fluid control systems, have been pivotal factors propelling the market’s growth.
“Stainless Steel segment to grow at highest CAGR in Liquid analyzer market.”
The Stainless Steel segment is experiencing robust growth in the market. Stainless steel ball valves have experienced robust growth in the global market due to their durability, corrosion resistance, and diverse industrial applications. Their reliability in various sectors, including oil & gas, chemical, and water treatment, has propelled their increasing demand worldwide..
“Trunnion-mounted segment accounted for the largest share of the Ball valves market in 2022.”
The ball valves sector has experienced notable expansion due to the rise in industrial activities, heightened requirements from oil and gas industries, water treatment, and extensive global infrastructure projects. Advancements in technology, alongside a strong emphasis on enhancing efficiency and dependability in fluid control systems, have been pivotal factors propelling the market’s growth.
“PC-based Ball valves System segment accounted for the largest share of the Ball valves market in 2022.”
The market for ball valves ranging from 1”-5” has experienced significant expansion due to their adaptable use across multiple industries. These valves are favored for their adept flow control, dependable seals, and long-lasting build, finding extensive application in oil, gas, water treatment, and chemical processing sectors. Their compactness, capability to handle high pressures, and ease of upkeep contribute to their escalating demand in various industrial contexts.
“Oil & Gas to hold largest market share in year 2022”
Ball valves excel in the oil and gas sector due to their robustness, reliability in tough settings, technological advancements in materials, and adherence to safety standards. They diminish maintenance needs and ensure safety, crucial in demanding environments. As the energy sector grows, their role in supporting infrastructure expansion remains vital, prompting continuous innovation to tackle industry challenges and sustain operational efficiency..
“Asia Pacific to account for the largest market size in 2022”
Rapid expansion across various industries in the Asia Pacific region has propelled a surge in the utilization of ball valves. This surge stems from the valves’ efficacy in control, reliability, and endurance, making them pivotal in sectors like oil & gas, water treatment, and manufacturing. The region’s infrastructural growth and increasing urbanization have amplified the demand, fostering significant market expansion and driving innovative technological developments in this sphere.
The break-up of the profiles of primary participants:
• By Company Type – Tier 1 – 35%, Tier 2 – 30%, and Tier 3 – 35%
• By Designation – C-level Executives – 45%, Directors – 35%, and Others – 20%
• By Region – North America – 35%, Europe – 25%, Asia Pacific – 30%, RoW- 10%
The major players in the market are Emerson Electric Co. (US), Flowserve Corporation (US), SLB (US), IMI (UK), and KITZ Corporation (Japan)
Research Coverage:
The Ball valves market has been segmented into material, type, size Industry, and region. The Ball valves market was studied in North America, Europe, Asia Pacific, and the Rest of the World (RoW). The report describes the major drivers, restraints, challenges, and opportunities of the Ball valves market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the Ball valves ecosystem.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants with information on the closest approximations of the revenue numbers for the Ball valves market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
• Analysis of Key Drivers (Growing need for replacement of outdated ball valves and adoption of smart valves, Rising focus on industrialization, urbanization, and smart city development, and Increasing new nuclear power plant projects and upgrades of existing ones), restraints (Lack of standardized norms and government policies and High Costs of Raw Materials), Opportunities (Utilization of IIoT and digital transformation in industrial plants, Application of 3D printing technology in valve manufacturing, Focus of industry players on offering improved customer services), Challenges (Intense pricing pressure due to availability of low-priced valves and Rise in collaboration activities among industry players).
• Product Development/Innovation: Detailed insights on research & development activities and new product launches in the Ball valves market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Ball valves market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Ball valves market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Emerson Electric Co. (US), Flowserve Corporation (US), SLB (US), IMI (UK), Valmet (Finland), Crane Company (US), KITZ Corporation (Japan), Neway Valves Co. Ltd. (China), Spirax Sarco Limited (UK), Trillium Flow Technologies (US) among others in the Ball valves market.
Table of Contents
1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION AND SCOPE 31
1.2.1 INCLUSIONS AND EXCLUSIONS 32
1.3 STUDY SCOPE 32
1.3.1 MARKET SEGMENTATION 32
1.3.2 REGIONAL SCOPE 33
1.3.3 YEARS CONSIDERED 33
1.4 CURRENCY CONSIDERED 33
1.5 UNITS CONSIDERED 34
1.6 LIMITATIONS 34
1.7 STAKEHOLDERS 34
1.8 SUMMARY OF CHANGES 34
1.8.1 IMPACT OF RECESSION 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 1 BALL VALVES MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 37
2.1.1.1 List of major secondary sources 37
2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 List of key interview participants 38
2.1.2.2 Breakdown of primary interviews 38
2.1.2.3 Key data from primary sources 39
2.1.3 PRIMARY AND SECONDARY RESEARCH 40
2.1.3.1 Key industry insights 40
2.2 MARKET SIZE ESTIMATION 41
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED THROUGH SALES OF DIFFERENT TYPES OF BALL VALVES 41
2.2.1 BOTTOM-UP APPROACH 42
2.2.1.1 Approach to arrive at market size using bottom-up analysis 42
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 42
2.2.2 TOP-DOWN APPROACH 43
2.2.2.1 Approach to arrive at market size using top-down analysis 43
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 43
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 44
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 44
2.4 RESEARCH ASSUMPTIONS 45
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY 45
2.5 APPROACH TO ESTIMATE RECESSION IMPACT 45
2.6 RISK ASSESSMENT 46
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS 46
3 EXECUTIVE SUMMARY 47
FIGURE 7 STAINLESS STEEL BALL VALVES TO HOLD LARGEST MARKET SHARE IN 2028 47
FIGURE 8 TRUNNION-MOUNTED BALL VALVES TO CAPTURE LARGEST MARKET SHARE IN 2028 48
FIGURE 9 1−5” SEGMENT TO DOMINATE BALL VALVES MARKET THROUGHOUT FORECAST PERIOD 48
FIGURE 10 OIL & GAS INDUSTRY TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 49
FIGURE 11 NORTH AMERICA TO EXHIBIT HIGHEST CAGR IN BALL VALVES MARKET DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BALL VALVES MARKET 51
FIGURE 12 INCREASING OIL AND GAS EXPLORATION ACTIVITIES IN ASIA PACIFIC TO PROVIDE LUCRATIVE OPPORTUNITIES 51
4.2 BALL VALVES MARKET, BY MATERIAL 51
FIGURE 13 STAINLESS STEEL SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 51
4.3 BALL VALVES MARKET, BY TYPE 52
FIGURE 14 TRUNNION-MOUNTED SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023 52
4.4 BALL VALVES MARKET, BY SIZE 52
FIGURE 15 1–5” SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023 52
4.5 BALL VALVES MARKET, BY INDUSTRY 53
FIGURE 16 PULP & PAPER INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 53
4.6 BALL VALVES MARKET, BY REGION 53
FIGURE 17 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF BALL VALVES MARKET IN 2023 53
4.7 BALL VALVES MARKET, BY COUNTRY 54
FIGURE 18 US AND INDIA TO BE LUCRATIVE MARKETS FOR BALL VALVES FROM 2023 TO 2028 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
FIGURE 19 BALL VALVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 55
5.2.1 DRIVERS 56
5.2.1.1 Increasing need for replacement of outdated ball valves and adoption of smart valves 56
5.2.1.2 Rising focus on industrialization, urbanization, and smart city development 56
5.2.1.3 Pressing need to upgrade existing valves with increasing number of nuclear power plant projects 57
FIGURE 20 BALL VALVES MARKET DRIVERS: IMPACT ANALYSIS 57
5.2.2 RESTRAINTS 58
5.2.2.1 Lack of standardized norms and regulatory policies 58
5.2.2.2 High cost of raw materials 58
FIGURE 21 BALL VALVES MARKET RESTRAINTS: IMPACT ANALYSIS 58
5.2.3 OPPORTUNITIES 58
5.2.3.1 Utilization of IIoT and digital technologies in industrial plants 58
5.2.3.2 Adoption of 3D printing in valve manufacturing 59
5.2.3.3 Focus of industry players on offering improved customer services 60
FIGURE 22 BALL VALVES MARKET OPPORTUNITIES: IMPACT ANALYSIS 61
5.2.4 CHALLENGES 61
5.2.4.1 Intense pricing pressure due to availability of local, low-priced valves 61
5.2.4.2 Rise in collaboration activities among industry players 61
FIGURE 23 BALL VALVES MARKET CHALLENGES: IMPACT ANALYSIS 62
5.3 VALUE CHAIN ANALYSIS 62
FIGURE 24 VALUE CHAIN ANALYSIS: BALL VALVES MARKET 62
5.4 ECOSYSTEM ANALYSIS 64
FIGURE 25 BALL VALVES ECOSYSTEM 64
TABLE 2 BALL VALVES MARKET: ECOSYSTEM 64
5.5 PRICING ANALYSIS 65
FIGURE 26 AVERAGE SELLING PRICE OF BALL VALVES, 2022–2028 65
5.5.1 AVERAGE SELLING PRICE TREND OF BALL VALVES PROVIDED BY KEY PLAYERS, BY TYPE 66
FIGURE 27 AVERAGE SELLING PRICE TREND OF BALL VALVE COMPONENTS OFFERED BY KEY PLAYERS 66
TABLE 3 AVERAGE SELLING PRICE OF BALL VALVE COMPONENTS OFFERED BY KEY PLAYERS (USD) 66
TABLE 4 AVERAGE SELLING PRICE OF OPTICS, BY REGION (USD) 67
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 67
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 67
5.7 TECHNOLOGY ANALYSIS 68
5.7.1 ARTIFICIAL INTELLIGENCE 68
5.7.2 INDUSTRIAL INTERNET OF THINGS (IIOT) 68
5.7.3 VALVE CONDITION MONITORING 69
5.8 PORTER’S FIVE FORCES ANALYSIS 70
TABLE 5 PORTER’S FIVE FORCES ANALYSIS AND THEIR IMPACT (2022) 70
FIGURE 29 BALL VALVES MARKET: PORTER’S FIVE FORCES ANALYSIS 70
5.8.1 THREAT OF NEW ENTRANTS 71
5.8.2 THREAT OF SUBSTITUTES 71
5.8.3 BARGAINING POWER OF SUPPLIERS 71
5.8.4 BARGAINING POWER OF BUYERS 71
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 71
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 72
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 72
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES 72
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS TOP THREE INDUSTRIES 72
5.9.2 BUYING CRITERIA 73
FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 73
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 73
5.10 CASE STUDY ANALYSIS 74
5.10.1 USE CASE 01: LADISH VALVES SECURED OFFERED SEVERE SERVICE BALL VALVES TO DEPLOY IN HIGH-TEMPERATURE AND -PRESSURE APPLICATIONS 74
5.10.2 USE CASE 02: ROSELAND PUMPING STATION DEPLOYED VAL-MATIC VALVE & MFG. CORPORATION’S BALL VALVES TO ADDRESS WATER SYSTEM PROBLEMS 74
5.10.3 USE CASE 03: HABONIM PROVIDED BIDIRECTIONAL CRYOGENIC FLOATING BALL VALVES FOR FIRST INLAND BUNKER PONTOON IN EUROPE 75
5.11 TRADE ANALYSIS 76
FIGURE 32 IMPORT DATA FOR HS CODE 848110-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2022 (USD MILLION) 76
FIGURE 33 EXPORT DATA FOR HS CODE 848110-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2022 (USD MILLION) 77
5.12 PATENT ANALYSIS 77
FIGURE 34 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 77
FIGURE 35 NO. OF PATENTS GRANTED IN LAST 10 YEARS, 2013 TO 2022 78
TABLE 8 TOP 20 PATENT OWNERS IN LAST 10 YEARS 78
5.12.1 LIST OF MAJOR PATENTS 79
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 81
TABLE 9 BALL VALVES MARKET: LIST OF CONFERENCES AND EVENTS 81
5.14 TARIFFS, REGULATIONS, AND STANDARDS 82
5.14.1 TARIFF FOR HS CODE 848110-COMPLIANT PRESSURE-REDUCING VALVES 82
TABLE 10 TARRIFF, BY COUNTRY 82
5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
5.15 STANDARDS 85
TABLE 15 STANDARDS FOLLOWED BY MANUFACTURERS OF BALL VALVES 85
6 BALL VALVES MARKET, BY MATERIAL 87
6.1 INTRODUCTION 88
FIGURE 36 BALL VALVES MARKET, BY MATERIAL 88
FIGURE 37 STAINLESS STEEL BALL VALVES TO HOLD LARGEST MARKET SIZE IN 2023 89
TABLE 16 BALL VALVES MARKET, BY MATERIAL, 2019–2022 (USD MILLION) 89
TABLE 17 BALL VALVES MARKET, BY MATERIAL, 2023–2028 (USD MILLION) 89
6.2 STAINLESS STEEL 90
6.2.1 EXCEPTIONAL CORROSION RESISTANCE AND DURABILITY TO DRIVE MARKET 90
6.3 CAST IRON 90
6.3.1 RISING ADOPTION IN WATER & WASTEWATER TREATMENT AND OIL & GAS INDUSTRIES TO FUEL MARKET GROWTH 90
6.4 ALLOY-BASED 91
6.4.1 WIDE ADOPTION IN CHEMICAL, PHARMACEUTICAL, AND PULP & PAPER INDUSTRIES TO FOSTER MARKET GROWTH 91
6.5 OTHERS 91
6.5.1 BRASS 91
6.5.2 BRONZE 91
6.5.3 PLASTIC 92
7 BALL VALVES MARKET, BY TYPE 93
7.1 INTRODUCTION 94
FIGURE 38 BALL VALVES MARKET, BY TYPE 94
FIGURE 39 TRUNNION-MOUNTED BALL VALVES TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 94
TABLE 18 BALL VALVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 95
TABLE 19 BALL VALVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 95
7.2 TRUNNION-MOUNTED 95
7.2.1 INCREASING USE IN HIGH-PRESSURE LOW-TORQUE OPERATIONS TO DRIVE MARKET 95
7.3 FLOATING 96
7.3.1 RISING IMPLEMENTATION IN MEDIUM- /LOW-PRESSURE APPLICATIONS TO FUEL MARKET GROWTH 96
7.4 RISING STEM 96
7.4.1 SURGING DEMAND FROM CHEMICAL INDUSTRY TO DRIVE MARKET 96
8 BALL VALVES MARKET, BY SIZE 97
8.1 INTRODUCTION 98
FIGURE 40 BALL VALVES MARKET, BY SIZE 98
FIGURE 41 1−5” VALVES TO CAPTURE LARGEST MARKET SHARE IN 2023 98
TABLE 20 BALL VALVES MARKET, BY SIZE, 2019–2022 (USD MILLION) 99
TABLE 21 BALL VALVES MARKET, BY SIZE, 2023–2028 (USD MILLION) 99
TABLE 22 BALL VALVES MARKET, 2022-2028 (THOUSAND UNITS) 99
8.2 <1” 100
8.2.1 GROWING DEPLOYMENT IN SMALL MANUFACTURING PLANTS TO DRIVE MARKET 100
8.3 1−5” 100
8.3.1 INCREASING USE IN BUILDING & CONSTRUCTION AND OIL & GAS APPLICATIONS TO ACCELERATE MARKET GROWTH 100
8.4 6–24″ 100
8.4.1 RAPID ADOPTION IN HIGH-PRESSURE APPLICATIONS IN WATER & WASTEWATER INDUSTRY TO DRIVE MARKET 100
8.5 25–50” 100
8.5.1 RISING IMPLEMENTATION IN HIGH-TEMPERATURE AND PRESSURE-HANDLING APPLICATIONS TO FUEL MARKET GROWTH 100
8.6 >50” 101
8.6.1 GROWING UTILIZATION IN THERMAL POWER PLANTS TO STIMULATE MARKET GROWTH 101
9 BALL VALVES MARKET, BY INDUSTRY 102
9.1 INTRODUCTION 103
FIGURE 42 BALL VALVES MARKET, BY INDUSTRY 103
FIGURE 43 OIL & GAS INDUSTRY TO HOLD LARGEST MARKET SHARE IN 2023 104
TABLE 23 BALL VALVES MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 104
TABLE 24 BALL VALVES MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 105
9.2 OIL & GAS 105
9.2.1 INCREASING FOCUS OF OIL & GAS COMPANIES ON CAPACITY EXPANSION PROJECTS AND MRO CONTRACTS TO DRIVE MARKET 105
TABLE 25 OIL & GAS: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 26 OIL & GAS: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 106
TABLE 27 OIL & GAS: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 107
TABLE 28 OIL & GAS: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 107
TABLE 29 OIL & GAS: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 107
TABLE 30 OIL & GAS: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 108
TABLE 31 OIL & GAS: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 108
TABLE 32 OIL & GAS: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 108
TABLE 33 OIL & GAS: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 34 OIL & GAS: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 109
9.3 ENERGY & POWER 109
9.3.1 RISING CONSTRUCTION OF NEW COAL-FIRED POWER PLANTS, GAS TURBINES, AND NUCLEAR POWER PLANTS TO DRIVE MARKET 109
TABLE 35 ENERGY & POWER: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 36 ENERGY & POWER: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 110
TABLE 37 ENERGY & POWER: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 111
TABLE 38 ENERGY & POWER: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 111
TABLE 39 ENERGY & POWER: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 111
TABLE 40 ENERGY & POWER: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 112
TABLE 41 ENERGY & POWER: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 112
TABLE 42 ENERGY & POWER: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 112
TABLE 43 ENERGY & POWER: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 44 ENERGY & POWER: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 113
9.4 WATER & WASTEWATER TREATMENT 113
9.4.1 URGENT NEED TO MODIFY OLDER WATER INFRASTRUCTURE TO AUGMENT DEMAND FOR BALL VALVES 113
TABLE 45 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 46 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 114
TABLE 47 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 115
TABLE 48 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 115
TABLE 49 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 115
TABLE 50 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 116
TABLE 51 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 116
TABLE 52 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 116
TABLE 53 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 54 WATER & WASTEWATER TREATMENT: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 117
9.5 CHEMICAL 117
9.5.1 SIGNIFICANT INCREASE IN CHEMICAL PRODUCTION TO FOSTER DEMAND 117
TABLE 55 CHEMICAL: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 56 CHEMICAL: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
TABLE 57 CHEMICAL: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 118
TABLE 58 CHEMICAL: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 118
TABLE 59 CHEMICAL: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 119
TABLE 60 CHEMICAL: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 119
TABLE 61 CHEMICAL: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 119
TABLE 62 CHEMICAL: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 120
TABLE 63 CHEMICAL: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 64 CHEMICAL: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 120
9.6 BUILDING & CONSTRUCTION 121
9.6.1 GROWING DEPLOYMENT OF HOT WATER AND SAFETY SYSTEMS IN NEW BUILDINGS TO BOOST DEMAND 121
TABLE 65 BUILDING & CONSTRUCTION: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 66 BUILDING & CONSTRUCTION: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 121
TABLE 67 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 122
TABLE 68 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 122
TABLE 69 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 122
TABLE 70 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 123
TABLE 71 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 123
TABLE 72 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN ASIA, BY COUNTRY, 2023–2028 (USD MILLION) 123
TABLE 73 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 74 BUILDING & CONSTRUCTION: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 124
9.7 PHARMACEUTICAL 124
9.7.1 BOOMING MARKET FOR PHARMACEUTICAL IN ASIA PACIFIC TO BOOST DEMAND 124
TABLE 75 PHARMACEUTICAL: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 125
TABLE 76 PHARMACEUTICAL: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 125
TABLE 77 PHARMACEUTICAL: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 125
TABLE 78 PHARMACEUTICAL: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 125
TABLE 79 PHARMACEUTICAL: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 126
TABLE 80 PHARMACEUTICAL: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 126
TABLE 81 PHARMACEUTICAL: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 126
TABLE 82 PHARMACEUTICAL: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 127
TABLE 83 PHARMACEUTICAL: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 84 PHARMACEUTICAL: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 127
9.8 AGRICULTURE 128
9.8.1 EMPHASIS ON IMPROVING EFFICIENCY IN AGRICULTURE SECTOR TO ACCELERATE DEMAND 128
TABLE 85 AGRICULTURE: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 128
TABLE 86 AGRICULTURE: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 128
TABLE 87 AGRICULTURE: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 129
TABLE 88 AGRICULTURE: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 129
TABLE 89 AGRICULTURE: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 129
TABLE 90 AGRICULTURE: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 130
TABLE 91 AGRICULTURE: ASIA PACIFIC BALL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 130
TABLE 92 AGRICULTURE: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 130
TABLE 93 AGRICULTURE: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 94 AGRICULTURE: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 131
9.9 METAL & MINING 131
9.9.1 GROWING DEMAND FOR PREDICTIVE MAINTENANCE TO ENCOURAGE USE OF BALL VALVES 131
TABLE 95 METAL & MINING: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 96 METAL & MINING: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 132
TABLE 97 METAL & MINING: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 132
TABLE 98 METAL & MINING: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 132
TABLE 99 METAL & MINING: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 133
TABLE 100 METAL & MINING: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 133
TABLE 101 METAL & MINING: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 133
TABLE 102 METAL & MINING: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 134
TABLE 103 METAL & MINING: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 134
TABLE 104 METAL & MINING: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 134
9.10 PULP & PAPER 135
9.10.1 HIGH DEMAND FOR PACKAGING PAPER PRODUCTS TO DRIVE MARKET 135
TABLE 105 PULP & PAPER: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 106 PULP & PAPER: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 135
TABLE 107 PULP & PAPER: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 136
TABLE 108 PULP & PAPER: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 136
TABLE 109 PULP & PAPER: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 136
TABLE 110 PULP & PAPER: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 137
TABLE 111 PULP & PAPER: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 137
TABLE 112 PULP & PAPER: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 137
TABLE 113 PULP & PAPER: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 138
TABLE 114 PULP & PAPER: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 138
9.11 FOOD & BEVERAGE 138
9.11.1 SANITATION, CONTAMINATION, AND PROCESS CONTROL CHALLENGES WITNESSED BY FOOD AND BEVERAGE COMPANIES TO BOOST DEMAND 138
TABLE 115 FOOD & BEVERAGE: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 139
TABLE 116 FOOD & BEVERAGE: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 139
TABLE 117 FOOD & BEVERAGE: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 139
TABLE 118 FOOD & BEVERAGE: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 140
TABLE 119 FOOD & BEVERAGE: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 140
TABLE 120 FOOD & BEVERAGE: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 140
TABLE 121 FOOD & BEVERAGE: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 141
TABLE 122 FOOD & BEVERAGE: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 141
TABLE 123 FOOD & BEVERAGE: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 141
TABLE 124 FOOD & BEVERAGE: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 142
9.12 OTHERS 142
TABLE 125 OTHERS: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 142
TABLE 126 OTHERS: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 143
TABLE 127 OTHERS: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 143
TABLE 128 OTHERS: BALL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 143
TABLE 129 OTHERS: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 130 OTHERS: BALL VALVES MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 144
TABLE 131 OTHERS: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 132 OTHERS: BALL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 145
TABLE 133 OTHERS: BALL VALVES MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 145
TABLE 134 OTHERS: BALL VALVES MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 145
10 BALL VALVES MARKET, BY REGION 146
10.1 INTRODUCTION 147
TABLE 135 BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 147
TABLE 136 BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 147
FIGURE 44 ASIA PACIFIC TO CAPTURE LARGEST MARKET SHARE IN 2023 148
10.2 NORTH AMERICA 148
FIGURE 45 NORTH AMERICA: BALL VALVES MARKET SNAPSHOT 149
TABLE 137 NORTH AMERICA: BALL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 150
TABLE 138 NORTH AMERICA: BALL VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 150
TABLE 139 NORTH AMERICA: BALL VALVES MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 150
TABLE 140 NORTH AMERICA: BALL VALVES MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 151
10.2.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA 151
10.2.2 US 151
10.2.2.1 Massive investments in oil & gas industry to drive market 151
10.2.3 CANADA 152
10.2.3.1 Rising energy demand to augment market growth 152
10.2.4 MEXICO 152
10.2.4.1 Growing focus on expansion of industrial plants to boost demand 152
10.3 EUROPE 153
FIGURE 46 EUROPE: BALL VALVES MARKET SNAPSHOT 153
TABLE 141 EUROPE: BALL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 154
TABLE 142 EUROPE: BALL VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 154
TABLE 143 EUROPE: BALL VALVES MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 154
TABLE 144 EUROPE: BALL VALVES MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 155
10.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE 155
10.3.2 UK 155
10.3.2.1 Water & wastewater treatment industry to contribute to market growth 155
10.3.3 GERMANY 156
10.3.3.1 Significant demand from chemical and energy & power industries to support market growth 156
10.3.4 FRANCE 156
10.3.4.1 Investments in power generation technologies to fuel market growth 156
10.3.5 ITALY 156
10.3.5.1 Growing use of ball valves in desalination and wastewater treatment to drive market 156
10.3.6 REST OF EUROPE 156
10.4 ASIA PACIFIC 157
FIGURE 47 ASIA PACIFIC: BALL VALVES MARKET SNAPSHOT 157
TABLE 145 ASIA PACIFIC: BALL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 158
TABLE 146 ASIA PACIFIC: BALL VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 158
TABLE 147 ASIA PACIFIC: BALL VALVES MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 158
TABLE 148 ASIA PACIFIC: BALL VALVES MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 159
10.4.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC 159
10.4.2 CHINA 159
10.4.2.1 Significant presence of leading and mid-sized valve manufacturing firms to contribute to market growth 159
10.4.3 JAPAN 160
10.4.3.1 Strong focus on personnel safety to boost demand 160
10.4.4 INDIA 160
10.4.4.1 Thriving power industry to support market growth 160
10.4.5 SOUTH KOREA 160
10.4.5.1 Flourishing semiconductor and chemical industry to support market 160
10.4.6 REST OF ASIA PACIFIC 160
10.5 ROW 161
TABLE 149 ROW: BALL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION) 161
TABLE 150 ROW: BALL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION) 161
TABLE 151 GCC COUNTRIES: BALL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 161
TABLE 152 GCC COUNTRIES: BALL VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 162
TABLE 153 ROW: BALL VALVES MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 162
TABLE 154 ROW: BALL VALVES MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 163
10.5.1 IMPACT OF RECESSION ON MARKET IN ROW 163
10.5.2 GCC COUNTRIES 163
10.5.2.1 Heightened demand in water management applications to drive market 163
10.5.3 AFRICA & REST OF MIDDLE EAST 164
10.5.3.1 Government investments and water management initiatives to drive market 164
10.5.4 SOUTH AMERICA 164
10.5.4.1 Emergence of region as manufacturing hub to facilitate demand 164
11 COMPETITIVE LANDSCAPE 165
11.1 KEY PLAYER STRATEGIES/RIGHT TO WIN 165
TABLE 155 KEY DEVELOPMENTS IN BALL VALVES MARKET, 2021–2023 165
11.2 REVENUE ANALYSIS OF TOP FIVE COMPANIES 168
FIGURE 48 BALL VALVES MARKET: REVENUE ANALYSIS, 2022 168
11.3 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2022 168
TABLE 156 BALL VALVES MARKET: DEGREE OF COMPETITION 168
FIGURE 49 BALL VALVES MARKET: MARKET SHARE ANALYSIS, 2022 169
11.4 COMPANY EVALUATION MATRIX, 2022 170
11.4.1 STARS 170
11.4.2 EMERGING LEADERS 170
11.4.3 PERVASIVE PLAYERS 171
11.4.4 PARTICIPANTS 171
FIGURE 50 BALL VALVES MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022 171
11.4.5 COMPANY FOOTPRINT 172
TABLE 157 COMPANY TYPE FOOTPRINT 172
TABLE 158 COMPANY INDUSTRY FOOTPRINT 173
TABLE 159 COMPANY REGION FOOTPRINT 174
TABLE 160 COMPANY FOOTPRINT 175
11.5 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 176
11.5.1 PROGRESSIVE COMPANIES 176
11.5.2 RESPONSIVE COMPANIES 176
11.5.3 DYNAMIC COMPANIES 176
11.5.4 STARTING BLOCKS 176
FIGURE 51 BALL VALVES MARKET (GLOBAL): SME EVALUATION MATRIX, 2022 177
11.5.5 COMPETITIVE BENCHMARKING 178
TABLE 161 DETAILED LIST OF KEY STARTUPS/SMES 178
TABLE 162 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 179
11.6 COMPETITIVE SCENARIO AND TRENDS 180
11.6.1 PRODUCT LAUNCHES 180
TABLE 163 BALL VALVES MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS 180
11.6.2 DEALS 181
TABLE 164 BALL VALVES MARKET: DEALS 181
11.6.3 OTHER DEVELOPMENTS 182
TABLE 165 BALL VALVES MARKET: OTHER DEVELOPMENTS 182
12 COMPANY PROFILES 183
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS 183
12.1.1 EMERSON ELECTRIC CO. 183
TABLE 166 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 183
FIGURE 52 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 184
TABLE 167 EMERSON ELECTRIC CO.: PRODUCTS OFFERED 184
TABLE 168 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES AND DEVELOPMENTS 185
TABLE 169 EMERSON ELECTRIC CO.: DEALS 185
12.1.2 FLOWSERVE CORPORATION 187
TABLE 170 FLOWSERVE CORPORATION: COMPANY OVERVIEW 187
FIGURE 53 FLOWSERVE CORPORATION: COMPANY SNAPSHOT 188
TABLE 171 FLOWSERVE CORPORATION: PRODUCTS OFFERED 188
TABLE 172 FLOWSERVE CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS 189
TABLE 173 FLOWSERVE CORPORATION: DEALS 189
12.1.3 SLB 191
TABLE 174 SLB: COMPANY OVERVIEW 191
FIGURE 54 SLB: COMPANY SNAPSHOT 192
TABLE 175 SLB: PRODUCTS OFFERED 192
TABLE 176 SLB: PRODUCT LAUNCHES AND DEVELOPMENTS 193
12.1.4 IMI CRITICAL ENGINEERING 194
TABLE 177 IMI CRITICAL ENGINEERING: COMPANY OVERVIEW 194
FIGURE 55 IMI CRITICAL ENGINEERING: COMPANY SNAPSHOT 195
TABLE 178 IMI CRITICAL ENGINEERING: PRODUCTS OFFERED 195
TABLE 179 IMI CRITICAL ENGINEERING: PRODUCT LAUNCHES AND DEVELOPMENTS 196
TABLE 180 IMI CRITICAL ENGINEERING: OTHERS 196
12.1.5 VALMET 198
TABLE 181 VALMET: COMPANY OVERVIEW 198
FIGURE 56 VALMET: COMPANY SNAPSHOT 199
TABLE 182 VALMET: PRODUCTS OFFERED 199
TABLE 183 VALMET: PRODUCT LAUNCHES AND DEVELOPMENTS 200
TABLE 184 VALMET: DEALS 200
12.1.6 CRANE COMPANY 201
TABLE 185 CRANE COMPANY: COMPANY OVERVIEW 201
FIGURE 57 CRANE COMPANY: COMPANY SNAPSHOT 202
TABLE 186 CRANE COMPANY: PRODUCTS OFFERED 202
TABLE 187 CRANE COMPANY: PRODUCT LAUNCHES AND DEVELOPMENTS 203
TABLE 188 CRANE COMPANY: OTHERS 203
12.1.7 KITZ CORPORATION 204
TABLE 189 KITZ CORPORATION: COMPANY OVERVIEW 204
FIGURE 58 KITZ CORPORATION: COMPANY SNAPSHOT 205
TABLE 190 KITZ CORPORATION: PRODUCTS OFFERED 205
TABLE 191 KITZ CORPORATION: PRODUCT LAUNCHES AND DEVELOPMENTS 206
TABLE 192 KITZ CORPORATION: OTHERS 206
12.1.8 NEWAY VALVE 208
TABLE 193 NEWAY VALVE: COMPANY OVERVIEW 208
TABLE 194 NEWAY VALVE: PRODUCTS OFFERED 208
TABLE 195 NEWAY VALVE: OTHERS 209
12.1.9 SPIRAX SARCO LIMITED 210
TABLE 196 SPIRAX SARCO LIMITED: COMPANY OVERVIEW 210
FIGURE 59 SPIRAX SARCO LIMITED: COMPANY SNAPSHOT 211
TABLE 197 SPIRAX SARCO LIMITED: PRODUCTS OFFERED 211
12.1.10 TRILLIUM FLOW TECHNOLOGIES 212
TABLE 198 TRILLIUM FLOW TECHNOLOGIES: COMPANY OVERVIEW 212
TABLE 199 TRILLIUM FLOW TECHNOLOGIES: PRODUCTS OFFERED 212
12.2 OTHER KEY PLAYERS 214
12.2.1 ALFA LAVAL 214
TABLE 200 ALFA LAVAL: COMPANY OVERVIEW 214
12.2.2 PARKER HANNIFIN CORP 215
TABLE 201 PARKER HANNIFIN CORP: COMPANY OVERVIEW 215
12.2.3 BRAY INTERNATIONAL 216
TABLE 202 BRAY INTERNATIONAL: COMPANY OVERVIEW 216
12.2.4 XYLEM 217
TABLE 203 XYLEM: COMPANY OVERVIEW 217
12.2.5 HAM-LET GROUP 218
TABLE 204 HAM-LET GROUP: COMPANY OVERVIEW 218
12.3 STARTUPS AND SMES 219
12.3.1 APOLLO INDIA VALVES 219
TABLE 205 APOLLO INDIA VALVES: COMPANY OVERVIEW 219
12.3.2 AVCON CONTROLS PVT. LTD. 220
TABLE 206 AVCON CONTROLS PVT. LTD.: COMPANY OVERVIEW 220
12.3.3 AVK HOLDING A/S 221
TABLE 207 AVK HOLDING A/S: COMPANY OVERVIEW 221
12.3.4 DWYER INSTRUMENTS LTD. 222
TABLE 208 DWYER INSTRUMENTS LTD.: COMPANY OVERVIEW 222
12.3.5 FORBES MARSHALL 223
TABLE 209 FORBES MARSHALL: COMPANY OVERVIEW 223
12.3.6 KLINGER HOLDING 224
TABLE 210 KLINGER HOLDING: COMPANY OVERVIEW 224
12.3.7 POWELL VALVES 225
TABLE 211 POWELL VALVES: COMPANY OVERVIEW 225
12.3.8 SAMSON AKTIENGESELLSCHAFT 226
TABLE 212 SAMSON AKTIENGESELLSCHAFT: COMPANY OVERVIEW 226
12.3.9 SWAGELOK COMPANY 227
TABLE 213 SWAGELOK COMPANY: COMPANY OVERVIEW 227
12.3.10 XHVAL VALVE CO., LTD. 228
TABLE 214 XHVAL VALVE CO., LTD.: COMPANY OVERVIEW 228
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS 229
13.1 INTRODUCTION 229
13.2 LIMITATIONS 229
13.3 INDUSTRIAL VALVES MARKET, BY COMPONENT 229
13.3.1 INTRODUCTION 229
TABLE 215 INDUSTRIAL VALVES MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 229
TABLE 216 INDUSTRIAL VALVES MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 230
13.4 ACTUATORS 230
13.4.1 PNEUMATIC ACTUATORS 230
13.4.1.1 Diaphragm actuators 230
13.4.1.1.1 Growing use in control valves to boost segmental growth 230
13.4.1.2 Piston actuators 230
13.4.1.2.1 Increasing demand for butterfly valves from food, chemical, and pharmaceutical companies to drive market 230
13.4.2 ELECTRIC ACTUATORS 231
13.4.2.1 Wide use in water & wastewater treatment and chemical plants to boost segmental growth 231
13.4.3 HYDRAULIC ACTUATORS 231
13.4.3.1 Rising deployment of HVAC, fire protection, and irrigation systems to boost demand 231
TABLE 217 ACTUATORS: INDUSTRIAL VALVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 231
TABLE 218 ACTUATORS: INDUSTRIAL VALVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 231
13.5 VALVE BODY 232
13.5.1 RISING DEMAND FOR VALVE BODIES FEATURING HIGH CORROSION RESISTANCE AND BETTER CHEMICAL COMPATIBILITY TO SUPPORT SEGMENTAL GROWTH 232
13.6 OTHER COMPONENTS 232
14 APPENDIX 233
14.1 INSIGHTS FROM INDUSTRY EXPERTS 233
14.2 DISCUSSION GUIDE 234
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 237
14.4 CUSTOMIZATION OPTIONS 239
14.5 RELATED REPORTS 239
14.6 AUTHOR DETAILS 240