Europe Ball Valves Market Size, Share & Industry Trends Analysis Report By Size (1"-5", 6"-24", <1", 25"-50" and >50"), By Material, By Type (Trunnion-mounted, Floating, and Others), By Industry, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Europe Ball Valves Market
Market Report Description
The Europe Ball Valves Market would witness market growth of 4.4% CAGR during the forecast period (2022-2028).
Five alternative body designs are available for ball valves: single, three-piece, split, top entry, and welded. The distinction is dependent on how the valve's parts—particularly the casing that houses the ball itself are created and put together. In each instance, the valve operates the same. While multi-piece bodies allow more design flexibility, one-piece bodies offer a very solid construction.
In some variants, the ball can be removed from the valve without removing the entire assembly out of the line. Additionally, there are many designs based on the actual bore of the ball mechanism. Additionally, the ball valves are divided into low-pressure and high-pressure categories based on the working pressure. Ball valves having working pressures greater than 3000 psi are referred to as high-pressure ball valves in the majority of sectors.
The regional battery-free sensor market is anticipated to grow in the next years due to the presence of large automakers like Volkswagen. The regional market is also growing as a result of firms' greater knowledge of cutting-edge components and their increased investment in R&D. According to studies commissioned by the German chemical industry group VCI, one of the country's most energy-intensive businesses, the German chemical industry would mostly achieve greenhouse gas neutrality by 2050.
The Germany market dominated the Europe Ball Valves Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,077.2 million by 2028.The UK market is anticipated to grow at a CAGR of 3.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.1% during (2022 - 2028).
Based on Size, the market is segmented into 1” −5”, 6”–24”, <1”, 25”–50” and >50". Based on Material, the market is segmented into Steel, Cast Iron, Cryogenic, Alloy Based and Others. Based on Type, the market is segmented into Trunnion-mounted, Floating, and Others. Based on Industry, the market is segmented into Oil & Gas, Energy & Power, Water & Wastewater Treatment, Chemicals & Pharmaceuticals, Building & Construction, Agriculture, Metals & Mining, Pulp & Paper and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Ball Valves Market will Hit $16.7 Billion by 2028, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Emerson Electric Co., Schlumberger N.V., Flowserve Corporation, Crane Co., Kitz Corporation, Velan, Inc., IMI Plc., Valmet Oyj, Spirax Sarco Limited, and Trillium Flow Technologies.
Scope of the Study
Market Segments Covered in the Report:
- Cast Iron
- Alloy Based
- Oil & Gas
- Energy & Power
- Water & Wastewater Treatment
- Chemicals & Pharmaceuticals
- Building & Construction
- Metals & Mining
- Pulp & Paper
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Emerson Electric Co.
- Schlumberger N.V.
- Flowserve Corporation
- Crane Co.
- Kitz Corporation
- Velan, Inc.
- IMI Plc.
- Valmet Oyj
- Spirax Sarco Limited
- Trillium Flow Technologies
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free