Market Overview:
The global bronze ball valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bronze ball valves in various applications such as chemical industry, medical, energy power and others. In addition, the growing infrastructure development in emerging countries is also propelling the growth of this market. However, fluctuating raw material prices may restrain the growth of this market to some extent during the forecast period. Based on type, manual bronze ball valves are expected to dominate the global bronze ball valves market during 2018-2030 owing to their low installation and maintenance cost as compared to automatic ones. Based on application, chemical industry is anticipated hold a dominant position in terms of revenue contribution throughout the forecast period followed by medical and energy power applications respectively.
Product Definition:
A bronze ball valve is a type of valve used to control the flow of liquids and gases. It consists of a cylindrical body, at one end of which is a spherical disc or ball that can be turned to open or close the valve. The other end of the body is threaded so that it can be attached to pipes or fittings.
Manually Bronze Ball Valves:
Manually bronze ball valves are used in process flow control applications to control high-pressure processes. They are available with two or three ports and can be operated at low to medium pressure ranges. The product is manufactured using cast iron and ductile steel materials, which provide strength and durability required for industrial usage.
The product has a wide application scope in petrochemical, chemical & fertilizer industries owing to their ability of handling high-pressure processes as compared to conventional products.
Automatic Bronze Ball Valves:
Automatic bronze ball valves are used in the manufacturing process of ball valves. These devices are widely used for controlling and monitoring liquid and gas flow in a pipeline system. It is an ideal solution for low-pressure, high-temperature, or high-power applications that require accurate control and pressure maintenance across different sections of a pipeline system.
Application Insights:
The energy power application segment led the global bronze ball valves market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for gas turbines across various industries such as power generation, oil & gas, etc. In addition, factors such as growing investments by foreign players in order to develop wind farms and increase their share of renewable energy are expected to drive the product demand over the next eight years.
The other applications include water & wastewater treatment plants; chemical processing industry; food & beverage processing; pulp & paper industry; mining sector including coal production and open-pit lignite mines (LMBV); municipal solid waste management facilities (MSWMF) including landfills.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of a large number of chemical industries in countries such as Germany, U.K., and France. In addition, these valves are used for controlling gas flow in several applications including oil & gas industry and water treatment plants. The region is expected to witness moderate growth over the forecast period owing to strict environmental regulations regarding wastewater treatment that has led to an increased demand for energy-efficient valves.
The Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due to rapid industrialization coupled with increasing population.
Growth Factors:
- Increasing demand from oil and gas industry: The global oil and gas industry is expected to grow at a CAGR of around 2% during the forecast period. This is expected to drive the demand for bronze ball valves, as they are used extensively in this industry.
- Rising investments in infrastructure: There has been a significant increase in investments made in infrastructure projects across the world in recent years. This is expected to drive the demand for bronze ball valves, as they are extensively used in various types of infrastructure projects.
- Growing population and urbanization: The global population is growing at a rapid pace, while the level of urbanization is also increasing rapidly. This is leading to an increase in the need for various types of infrastructure, including water and wastewater treatment plants, which use bronze ball valves extensively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bronze Ball Valves Market Research Report
By Type
Manually Bronze Ball Valves, Automatic Bronze Ball Valves
By Application
Chemical Industry, Medical, Energy Power, Other
By Companies
Tyco International, Emerson Electric, GE, Flowserve, Kitz, IMI PLC, Cameron, Crane Company, Metso, Rotork, Tyco International, Velan, KSB, Vanatome, Watts Water Technologies, Bray, Gemu, Spirax Sarco, Neway, Chengfeng Valve Group, Chen's Copper, YongJia JinXing Special Valve
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Bronze Ball Valves Market Report Segments:
The global Bronze Ball Valves market is segmented on the basis of:
Types
Manually Bronze Ball Valves, Automatic Bronze Ball Valves
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
Chemical Industry, Medical, Energy Power, 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:
- Tyco International
- Emerson Electric
- GE
- Flowserve
- Kitz
- IMI PLC
- Cameron
- Crane Company
- Metso
- Rotork
- Tyco International
- Velan
- KSB
- Vanatome
- Watts Water Technologies
- Bray
- Gemu
- Spirax Sarco
- Neway
- Chengfeng Valve Group
- Chen's Copper
- YongJia JinXing Special Valve
Highlights of The Bronze Ball Valves 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:
- Manually Bronze Ball Valves
- Automatic Bronze Ball Valves
- By Application:
- Chemical Industry
- Medical
- Energy Power
- 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 Bronze Ball Valves 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.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Bronze ball valves are a type of valve that is made from bronze. Bronze is a metal that is strong and durable, which makes it perfect for use in valves. Bronze ball valves are often used in water systems because they are resistant to corrosion and can handle high pressure levels.
Some of the key players operating in the bronze ball valves market are Tyco International, Emerson Electric, GE, Flowserve, Kitz, IMI PLC, Cameron, Crane Company, Metso, Rotork, Tyco International, Velan, KSB, Vanatome, Watts Water Technologies, Bray, Gemu, Spirax Sarco, Neway, Chengfeng Valve Group, Chen's Copper, YongJia JinXing Special Valve.
The bronze ball valves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bronze Ball Valves Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bronze Ball Valves Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bronze Ball Valves Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bronze Ball Valves Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bronze Ball Valves Market Size & Forecast, 2020-2028 4.5.1 Bronze Ball Valves Market Size and Y-o-Y Growth 4.5.2 Bronze Ball Valves Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manually Bronze Ball Valves
5.2.2 Automatic Bronze Ball Valves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Medical
6.2.3 Energy Power
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bronze Ball Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bronze Ball Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manually Bronze Ball Valves
9.6.2 Automatic Bronze Ball Valves
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Medical
9.10.3 Energy Power
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manually Bronze Ball Valves
10.6.2 Automatic Bronze Ball Valves
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Medical
10.10.3 Energy Power
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manually Bronze Ball Valves
11.6.2 Automatic Bronze Ball Valves
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Medical
11.10.3 Energy Power
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manually Bronze Ball Valves
12.6.2 Automatic Bronze Ball Valves
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Medical
12.10.3 Energy Power
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manually Bronze Ball Valves
13.6.2 Automatic Bronze Ball Valves
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Medical
13.10.3 Energy Power
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bronze Ball Valves Market: Competitive Dashboard
14.2 Global Bronze Ball Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tyco International
14.3.2 Emerson Electric
14.3.3 GE
14.3.4 Flowserve
14.3.5 Kitz
14.3.6 IMI PLC
14.3.7 Cameron
14.3.8 Crane Company
14.3.9 Metso
14.3.10 Rotork
14.3.11 Tyco International
14.3.12 Velan
14.3.13 KSB
14.3.14 Vanatome
14.3.15 Watts Water Technologies
14.3.16 Bray
14.3.17 Gemu
14.3.18 Spirax Sarco
14.3.19 Neway
14.3.20 Chengfeng Valve Group
14.3.21 Chen's Copper
14.3.22 YongJia JinXing Special Valve