Market Overview:
The global electric ceramic ball valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric ceramic ball valves from various end-use industries, such as oil and gas, chemical, steel, power and others. In addition, the growing awareness about energy conservation is also propelling the growth of this market. Based on type, the global electric ceramic ball valve market can be segmented into low temperature valve, normal temperature valve and high temperature valve. Low temperature valves are used in applications that require lower temperatures than those handled by normal or high temperature valves. Normal Temperature Valves are used in most general industrial applications where process media temperatures do not exceed 600 degrees Fahrenheit (316 degrees Celsius). High Temperature Valves are designed for use with fluids or gases that reach elevated temperatures up to 1800 degrees Fahrenheit (982 degrees Celsius). Based on application, the global electric ceramic ball valve market can be segmented into oil and gas industry, chemical industry,, steel industry,, power industry,, other industries,. Oil and gas industry accounted for majority share of total revenue generated by application segments in 2017 owing to increasing demand for these valves from upstream as well as downstream sectors of oil and gas value chain across globe. Chemical Industry is projected to grow at highest CAGR during forecast period due rising investment by players operating in this sector coupled with stringent environmental regulations across globe.
Product Definition:
An electric ceramic ball valve is a device used to stop or start the flow of a fluid through a pipeline. It is made up of two parts: the body and the actuator. The body is made from a strong, non-corrosive material such as metal or plastic, while the actuator is made from electrically conductive ceramic. When electricity is applied to the actuator, it creates heat which causes the ceramic to expand. This expansion pushes against a seal in the valve, opening or closing it as needed.
Low Temperature Valve:
Low temperature valve, also known as LTV orcryogenic valve is a device used to control flow in cryogenic liquids such as liquid nitrogen and liquid hydrogen. It consists of two valves mounted separately on the stem which can be lowered into the vessel for controlling fluid flow. The low temperature reduces the vapor pressure which enables easy transportation of fluids at very low temperatures through pipes made from materials such as copper and nickel.
Normal Temperature Valve:
Normal temperature valve is a safety device that prevents the flow of process fluids at higher temperatures. It has two positions, open and closed, which can be set by means of a control mechanism. The normal temperature valve finds its application in petrochemical plants, refineries and power generation industries for controlling high-pressure processes such as steam turbine operation or gas turbine pre-heating.
Application Insights:
The oil and gas industry was the dominant segment in 2017. The growth of this application segment can be attributed to the rising demand for crude oil and natural gas across the globe. Rapid urbanization coupled with a growing population is expected to augment global energy needs, thereby driving product demand over the forecast period.
Electric ceramic ball valves are used in several applications within petrochemical industries including vacuum insulation switchgear, process control & safety equipment, flow metering equipment and others. These products are used as a replacement for traditional metal diaphragms that have been observed to cause corrosion problems due to exposure to high temperatures during manufacturing or transportation stages of products containing such components.
Regional Analysis:
North America dominated the global electric ceramic ball valve market in 2017. The region is expected to witness moderate growth over the forecast period owing to increasing demand for energy-efficient products and growing need for water management in various industries. In addition, rising concerns regarding environment pollution are anticipated to propel product demand from municipal and industrial sectors over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regional markets during the same period owing to rapid development witnessed by economies such as China, India, Japan, South Korea and Taiwan since 2010s coupled with favorable government policies aimed at promoting investments in manufacturing sector especially energy & utilities industry which will drive product demand further. Moreover, increasing number of construction projects across these economies will augment market growth during forecast period.
Growth Factors:
- Increasing demand from the oil and gas industry for electric ceramic ball valves as they are corrosion resistant and can withstand high temperatures is expected to drive the market growth.
- Rising investments in the chemical processing, power generation, and water treatment industries are also anticipated to propel the demand for electric ceramic ball valves over the forecast period.
- Growing popularity of smart factories that use advanced technologies such as big data, Internet of Things (IoT), and cloud computing is expected to create new opportunities for electric ceramic ball valve manufacturers in near future.
- The increasing number of mergers and acquisitions among valve manufacturers is likely to result in development of innovative products with better performance characteristics which will fuel market growth over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Ceramic Ball Valve Market Research Report
By Type
Low Temperature Valve, Normal Temperature Valve, High Temperature Valve
By Application
Oil and Gas Industry, Chemical Industry, Steel Industry, Power Industry, Other
By Companies
Fujikin, Yantai Kingway, CERA SYSTEM, METSO, Nil-Cor, Shengkai Industry, Huagong Valve, Dingchuang, Shanggao Valve, Neeinn, Xiamen Fuvalve, Samuel Industries, SAMSON Group, Xinfeng, PRE-VENT GmbH, Yongjia Yajin, FOYO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electric Ceramic Ball Valve Market Report Segments:
The global Electric Ceramic Ball Valve market is segmented on the basis of:
Types
Low Temperature Valve, Normal Temperature Valve, High Temperature Valve
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas Industry, Chemical Industry, Steel Industry, Power Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fujikin
- Yantai Kingway
- CERA SYSTEM
- METSO
- Nil-Cor
- Shengkai Industry
- Huagong Valve
- Dingchuang
- Shanggao Valve
- Neeinn
- Xiamen Fuvalve
- Samuel Industries
- SAMSON Group
- Xinfeng
- PRE-VENT GmbH
- Yongjia Yajin
- FOYO
Highlights of The Electric Ceramic Ball Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Temperature Valve
- Normal Temperature Valve
- High Temperature Valve
- By Application:
- Oil and Gas Industry
- Chemical Industry
- Steel Industry
- Power Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Ceramic Ball Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric ceramic ball valves are a type of valve that uses electricity to open and close. They are often used in industrial settings where water, gas, or oil needs to be controlled.
Some of the key players operating in the electric ceramic ball valve market are Fujikin, Yantai Kingway, CERA SYSTEM, METSO, Nil-Cor, Shengkai Industry, Huagong Valve, Dingchuang, Shanggao Valve, Neeinn, Xiamen Fuvalve, Samuel Industries, SAMSON Group, Xinfeng, PRE-VENT GmbH, Yongjia Yajin, FOYO.
The electric ceramic ball valve market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Ceramic Ball Valve Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Ceramic Ball Valve Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Ceramic Ball Valve Market - Supply Chain
4.5. Global Electric Ceramic Ball Valve Market Forecast
4.5.1. Electric Ceramic Ball Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Ceramic Ball Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Ceramic Ball Valve Market Absolute $ Opportunity
5. Global Electric Ceramic Ball Valve Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Ceramic Ball Valve Market Size and Volume Forecast by Type
5.3.1. Low Temperature Valve
5.3.2. Normal Temperature Valve
5.3.3. High Temperature Valve
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Ceramic Ball Valve Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Ceramic Ball Valve Market Size and Volume Forecast by Application
6.3.1. Oil and Gas Industry
6.3.2. Chemical Industry
6.3.3. Steel Industry
6.3.4. Power Industry
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Ceramic Ball Valve Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Ceramic Ball Valve Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Ceramic Ball Valve Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Ceramic Ball Valve Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Ceramic Ball Valve Demand Share Forecast, 2019-2026
9. North America Electric Ceramic Ball Valve Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Ceramic Ball Valve Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Ceramic Ball Valve Market Size and Volume Forecast by Application
9.4.1. Oil and Gas Industry
9.4.2. Chemical Industry
9.4.3. Steel Industry
9.4.4. Power Industry
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Ceramic Ball Valve Market Size and Volume Forecast by Type
9.7.1. Low Temperature Valve
9.7.2. Normal Temperature Valve
9.7.3. High Temperature Valve
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Ceramic Ball Valve Demand Share Forecast, 2019-2026
10. Latin America Electric Ceramic Ball Valve Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Ceramic Ball Valve Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Ceramic Ball Valve Market Size and Volume Forecast by Application
10.4.1. Oil and Gas Industry
10.4.2. Chemical Industry
10.4.3. Steel Industry
10.4.4. Power Industry
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Ceramic Ball Valve Market Size and Volume Forecast by Type
10.7.1. Low Temperature Valve
10.7.2. Normal Temperature Valve
10.7.3. High Temperature Valve
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Ceramic Ball Valve Demand Share Forecast, 2019-2026
11. Europe Electric Ceramic Ball Valve Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Ceramic Ball Valve Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Ceramic Ball Valve Market Size and Volume Forecast by Application
11.4.1. Oil and Gas Industry
11.4.2. Chemical Industry
11.4.3. Steel Industry
11.4.4. Power Industry
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Ceramic Ball Valve Market Size and Volume Forecast by Type
11.7.1. Low Temperature Valve
11.7.2. Normal Temperature Valve
11.7.3. High Temperature Valve
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Ceramic Ball Valve Demand Share, 2019-2026
12. Asia Pacific Electric Ceramic Ball Valve Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Ceramic Ball Valve Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Ceramic Ball Valve Market Size and Volume Forecast by Application
12.4.1. Oil and Gas Industry
12.4.2. Chemical Industry
12.4.3. Steel Industry
12.4.4. Power Industry
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Ceramic Ball Valve Market Size and Volume Forecast by Type
12.7.1. Low Temperature Valve
12.7.2. Normal Temperature Valve
12.7.3. High Temperature Valve
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Ceramic Ball Valve Demand Share, 2019-2026
13. Middle East & Africa Electric Ceramic Ball Valve Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Ceramic Ball Valve Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Ceramic Ball Valve Market Size and Volume Forecast by Application
13.4.1. Oil and Gas Industry
13.4.2. Chemical Industry
13.4.3. Steel Industry
13.4.4. Power Industry
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Ceramic Ball Valve Market Size and Volume Forecast by Type
13.7.1. Low Temperature Valve
13.7.2. Normal Temperature Valve
13.7.3. High Temperature Valve
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Ceramic Ball Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Ceramic Ball Valve Market: Market Share Analysis
14.2. Electric Ceramic Ball Valve Distributors and Customers
14.3. Electric Ceramic Ball Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fujikin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yantai Kingway
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CERA SYSTEM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. METSO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nil-Cor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shengkai Industry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huagong Valve
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dingchuang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanggao Valve
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Neeinn
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xiamen Fuvalve
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Samuel Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SAMSON Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xinfeng
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. PRE-VENT GmbH
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Yongjia Yajin
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. FOYO
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
