Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Ball Valves Market Report by Material (Stainless Steel, Cast Iron, Alloy Based, and Others), Valve Type (Trunnion Mounted Ball Valves, Floating Ball Valves, Rising Stem Ball Valves), Size (Up To 1”, 1-6”, 6-25”, 25-50”, 50” and Larger), End Use Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Food & Beverages, Chemicals, Building & Construction, Pulp & Paper, Pharmaceuticals Metals & Mining, Agriculture, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3335
Buy Now
Market Overview:
The global ball valves market size reached US$ 13.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 18.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
|
2024-2032
|
|
Historical Years
|
2018-2023
|
|
Market Size in 2023
|
US$ 13.4 Billion |
|
Market Forecast in 2032
|
US$ 18.9 Billion |
| Market Growth Rate 2024-2032 | 3.9% |
A ball valve is a quarter-turn spherical closure device used to control the pressure and flow of suspended solids, slurries, liquids or gases in pipelines. The valve is usually manufactured using materials, such as cast iron, stainless steel, brass, bronze, titanium and plastics. It consists of a handle, a perforated, hollow and pivoting ball and is commonly available in full port, reduced port, cavity filler and multiport variants. It is used for bubble-tight applications, low-point drains, high-point vents and cooling water and feedwater systems. As a result, the ball valve finds extensive applications across various industries, including food & beverages, mining, oil and gas, agriculture, water & wastewater treatment, and building & construction.
The global ball valve market is primarily being driven by the increasing product demand from the medical and pharmaceutical industries. The valves are widely used to manufacture medical devices, manage pressure relief in the equipment and sterilize materials. Ball valves are also used in oxygen therapy devices and blood analyzers in hospitals and other healthcare centers, which is also driving their demand. Furthermore, widespread product adoption for water and wastewater treatment is also driving the market growth. Additionally, various product innovations, such as the development of smart valves, are acting as other growth-inducing factors. In line with this, product manufacturers are utilizing 3D printing technologies for producing cost-effective and durable ball valves. Other factors, including the upgradation of existing systems, along with the advent of the Industrial Internet of Things (IIoT) in industrial plants, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ball valves market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on material, valve type, size and end use industry.
Breakup by Material:
- Stainless Steel
- Cast Iron
- Alloy Based
- Others
Breakup by Valve Type:
- Trunnion Mounted Ball Valves
- Floating Ball Valves
- Rising Stem Ball Valves
Breakup by Size:
- Up To 1”
- 1-6”
- 6-25”
- 25-50”
- 50” and Larger
Breakup by End Use Industry:
- Oil & Gas
- Water & Wastewater Treatment
- Energy & Power
- Food & Beverages
- Chemicals
- Building & Construction
- Pulp & Paper
- Pharmaceuticals Metals & Mining
- Agriculture
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aalberts N.V., Alfa Laval, Schlumberger Limited, The Crane Company, The Curtiss-Wright Corporation, Dwyer Instruments Inc., Emerson Electric Co., The Flowserve Corporation, IMI Plc, KITZ Corporation, Niuwei Group Co. Ltd. and Velan Inc.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Material, Valve Type, Size, End Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Aalberts N.V., Alfa Laval, Schlumberger Limited, The Crane Company, The Curtiss-Wright Corporation, Dwyer Instruments Inc., Emerson Electric Co., The Flowserve Corporation, IMI Plc, KITZ Corporation, Niuwei Group Co. Ltd. and Velan Inc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global ball valves market was valued at US$ 13.4 Billion in 2023.
We expect the global ball valves market to exhibit a CAGR of 3.9% during 2024-2032.
The growing utilization of ball valves across numerous industries, such as oil and gas, chemical, pharmaceuticals, etc., owing to their versatility and ability to handle various fluid types and pressure, is primarily driving the global ball valves market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for ball valves in oxygen therapy devices and blood analyzers that assist in treating the coronavirus-infected patients.
Based on the material, the global ball valves market has been divided into stainless steel, cast iron, alloy based, and others. Among these, stainless steel currently exhibits a clear dominance in the market.
Based on the valve type, the global ball valves market can be categorized into trunnion mounted ball valves, floating ball valves, and rising stem ball valves. Currently, trunnion mounted ball valves account for the majority of the global market share.
Based on the size, the global ball valves market has been segregated into up to 1”, 1-6”, 6-25”, 25-50”, and 50” and larger. Among these, 1-6” currently exhibits a clear dominance in the market.
Based on the end use industry, the global ball valves market can be bifurcated into oil & gas, water & wastewater treatment, energy & power, food & beverages, chemicals, building & construction, pulp & paper, pharmaceuticals metals & mining, agriculture, and others. Currently, oil & gas holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global ball valves market include Aalberts N.V., Alfa Laval, Schlumberger Limited, The Crane Company, The Curtiss-Wright Corporation, Dwyer Instruments Inc., Emerson Electric Co., The Flowserve Corporation, IMI Plc, KITZ Corporation, Niuwei Group Co. Ltd., and Velan Inc.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase options
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-713-2163
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More