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Global ball valves market size is expected to reach $16.23 Bn by 2028 at a rate of 4.0%, segmented as by types, trunnion-mounted ball valves, floating ball valve, rising stem ball valve<br>
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Ball Valves Market Report 2024 Market Size, Trends and Global Forecast 2024-2033
Ball Valves Segments The Business Research Company segments it’s Ball Valves report as: Trunnion-Mounted Ball Valves, Floating Ball Valve, Rising Stem Ball Valve By Type Steel, Cast Iron, Cryogenic, Alloy Based, Other Materials By Material By Size <1”, 1”-5”, 6”–24”, 25”–50”, >50
Market Statistics The ball valves market size has grown steadily in recent years. It will grow from $13.31 billion in 2023 to $13.87 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. It will grow to $16.23 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. Click Here To Get Aa Sample Report
Key Market Drivers And Trends • Drivers Rapid urbanization is expected to drive the growth of the ball valve market going forward. Trends Implementation of 3D printing technologies is the key trend gaining popularity in the ball valve market. • Region Asia-Pacific was the largest region in the ball valves market in 2023.
Key Market Players • Major players in the Ball Valves are: • Emerson Electric Co. • Schlumberger Limited • Flowserve Corporation • IMI PLC. • Valmet (Neles Corporation) Get More Information On The Ball Valves Report
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