The Ball Valves Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Ball Valves Market?
The market size of ball valves has been increasing consistently over the recent years. The market size is projected to increase from $13.67 billion in 2024 to $14.17 billion in 2025, with a compound annual growth rate (CAGR) of 3.7%. The historical growth trend in the Ball Valves market has been positive.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Ball Valves Industry?
The Ball Valves market is anticipated to reach a size of $17.01 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.7%.
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What are the Key Growth Drivers Fueling the Ball Valves Market?
The key drivers in the ball valves market are:
• The focus on development and application of smart valves
• Increased implementation of renewable energy projects
• Growing concerns surrounding water scarcity
• Stringent environmental regulations encouraging market growth
Global Market Segmentation: Identifying Major Ball Valves Industry Segments
The ball valves market covered in this report is segmented –
1) By Types: Trunnion-Mounted Ball Valves, Floating Ball Valve, Rising Stem Ball Valve
2) By Material: Steel, Cast Iron, Cryogenic, Alloy Based, Other Materials
3) By Size: <1”, 1”-5”, 6”–24”, 25”–50”, >50
4) By Industry: Oil And Gas, Energy And Power, Water And Wastewater Treatment, Chemicals, Building And Construction, Pharmaceuticals, Agriculture, Metals And Mining, Pulp And Paper, Food And Beverages
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What are the Emerging Trends Shaping the Future of the Ball Valves Market?
The key trends in the ball valves market are:
• The increasing adoption of automation and control systems is a defining trend in the ball valves market.
• The integration of advanced materials is also emerging as a significant trend.
• The use of ball valves is increasing in industrial process control, indicating a major shift in user applications.
• Demand for high-pressure and high-temperature applications, and a shift towards floating ball valve designs are also influential trends.
Who Are the Top Competitors & Leading Players in the Ball Valves Market?
Major companies in the ball valves market are:
• Emerson Electric Co.
• Schlumberger Limited
• Flowserve Corporation
• IMI PLC.
• Valmet (Neles Corporation)
• Spirax Sarco Limited
• Honeywell International Inc.
• Parker Hannifin Instrumentation Products Division
• SSP Fittings Corp.
• Columbia Specialty Company
• Perrin GmbH
• M&M International
• FBV Inc.
• KITZ Corporation
• Velan Inc.
• Cameron International Corporation
• Neway Valve (Suzhou) Co. Ltd.
• Wuzhou Valve Co. Ltd.
• Jiangsu Shentong Valve Co. Ltd.
• Bonney Forge Corporation
• Bray International Inc.
• Crane Co.
• Dwyer Instruments Inc.
• Flomatic Corporation
• Forum Energy Technologies Inc.
• Georg Fischer Ltd.
• Hattersley Aladdin Limited
• KSB SE & Co. KGaA
• NIBCO INC.
• Valvitalia SpA
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the ball valves market in 2024
