Ball Valves Market

Ball Valves Companies - Emerson Electric Co. (US) and Flowserve Corporation (US) are the Key Players

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%. Industrial growth, energy demands, infrastructure development, technological advancements, water treatment needs, safety regulations, and globalization fuel the ball valves market, driven by their reliability in various sectors like oil & gas, power, and water management.

Ball Valves companies include:

  • Emerson Electric Co. (US),
  • Flowserve Corporation (US),
  • SLB (US),
  • IMI (UK),
  • Valmet (Finland), C
  • rane Company (US),
  • KITZ Corporation (Japan),
  • Neway Valves Co. Ltd. (China),
  • Spirax Sarco Limited (UK),
  • Trillium Flow Technologies (US)

These companies have a worldwide presence and offer a wide range of Ball Valves and related solutions and services. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.

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Top 3 Players in the Ball Valves Market:

Emerson Electric Co

Emerson Electric Co stands as a prominent provider of engineering and technological solutions, operating across two primary business divisions: Automation Solutions and Commercial & Residential Solutions. The Automation Solutions division prioritizes enhancing energy efficiency and reducing operational costs for discrete and hybrid manufacturers by offering a diverse range of products and integration solutions. On the other hand, the Commercial & Residential Solutions division focuses on enhancing operations in commercial and household sectors through its suite of products and solutions. In the Automation Solutions segment, the company specializes in actuators & regulators, measurement & analytical instrumentation, valves, industrial solutions, and process control systems & solutions, all designed to optimize various industrial processes. These offerings cater to industries like chemicals, food & beverages, oil & gas, pulp & paper, water & wastewater treatment, among others. Emerson Electric Co provides diverse types of industrial valves suitable for applications across multiple industries such as chemicals, food & beverages, oil & gas, pulp & paper, water & wastewater treatment, and more. These include floating, threaded, severe service, and trunnion ball valves, each designed to meet specific needs within sectors like automotive, chemical, food & beverage, oil & gas, power generation, pulp & paper, and water & wastewater treatment. Additionally, the company extends its services to encompass maintenance, reliability, performance, and educational support.

Flowserve Corporation

Flowserve Corporation stands as a prominent figure among market leaders, serving as both manufacturers and providers of comprehensive flow control systems, including aftermarket services. Specializing in the design, manufacturing, distribution, and servicing of industrial flow management equipment, the company operates through two principal business segments: the Flow Serve Pump Division and the Flow Control Division (FCD). The FCD segment offers a spectrum of valves and automation solutions, encompassing isolation and control valves, actuation, controls, related equipment, as well as energy management products like steam traps, boiler controls, and condensate and energy recovery systems. The company's extensive portfolio of valves, automation, and control products ranks among the most comprehensive in the flow control industry. These products cater to various applications, spanning from general service to the most stringent and challenging demands across industries such as oil and gas, chemical processing, power generation, and water management.

SLB (Schlumberger)

SLB (Schlumberger) functions as a vital provider of technology and services within the global energy industry, operating across four distinct business segments: Digital & Integration, Reservoir Performance, Production Systems, and Well Construction. Within its Production System segment, the company specializes in offering ball valves and related services. Under the product lines of OneSubsea, Surface Systems, Drilling Systems, and Valves & Measurement, SLB provides ball valves. Particularly, the Valves & Measurement product line caters to various sectors within the upstream, midstream, and downstream markets. This line delivers valve products and measurement systems crucial for controlling, directing, and measuring the flow of oil and gas throughout their journey from wellheads through flow lines, gathering lines, and transmission systems to refineries, petrochemical plants, and industrial centers for processing. Schlumberger Limited expanded its capabilities through the acquisition of Cameron International Corporation (US) in April 2016. This strategic move integrated Schlumberger's reservoir and well technology with Cameron's expertise in wellhead, surface equipment, and processing technology. This amalgamation facilitated the creation of comprehensive pore-to-pipeline products and services offered to the global oil & gas sector. As a result, Schlumberger now boasts a diverse portfolio encompassing ASME and API valves that cater to the diverse requirements of global drilling, production, pipeline, storage, transmission, and critical service applications..

Related Reports:

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

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Ball Valves Market Size,  Share & Growth Report
Report Code
SE 5368
RI Published ON
12/8/2023
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