North America 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
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Market Report Description
The North America Ball Valves Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
Depending on the design and materials employed, it may withstand pressures of up to 1,000 bar (100 MPa; 15,000 psi) and temperatures of up to 752 °F (400 °C). Often come in sizes from 0.2 and 48 inches (5.1 to 1,219.2 mm). Floating balls are frequently chrome plated for durability; valve bodies are constructed of metal, plastic, or metal with a ceramic. The sidewalls may shatter if the surrounding temperature drops below freezing because of the expansion brought on by ice development.
In this circumstance, the damage is typically avoided by using insulation or heat tape. The "freeze tolerant ball valve" is another choice for cold climates. This particular design of the ball valve has a freeze plug built into the side so that, in the event of a freeze-up, this would burst, serving as a "sacrificial" fail point and facilitating an easier repair. All that is needed is the installation of a new freeze plug rather than replacing the valve entirely.
It is possible to decrease water leakage in distribution systems by using sensors, technologies, techniques, or procedures. An ideal ball valve deployment based on evolutionary algorithms for leak detection, isolation, and location in water distribution networks is suggested. On the water supply network of Hanoi, Vietnam, the suggested method was evaluated using 31 demand nodes, one reservoir node, and 34 pipes. A method for finding leaks in water distribution networks called ground penetrating radar uses a monostatic antenna operating at a central frequency of 1.5 GHz.
The US market dominated the North America Ball Valves Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,456.1 million by 2028.The Canada market is poised to grow at a CAGR of 6.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Ball Valves Market is Estimated to reach $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 North America
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
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