Market Overview:
The global high purity ball valves 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 high purity ball valves from various end-use industries, such as pharmaceuticals, food & beverage, semiconductors, and others. In addition, the growing demand for miniaturization and automation in various industrial applications is also contributing to the growth of this market. Based on type, the global high purity ball valves market can be segmented into fluoropolymer and stainless steel. The fluoropolymer segment is expected to grow at a higher CAGR than the stainless steel segment during the forecast period from 2018 to 2030. This growth can be attributed to its properties such as chemical resistance and corrosion resistance that make it suitable for use in highly corrosive environments. Based on application, the global high purity ball valves market can be divided into pharmaceuticals, food & beverage processing industry (F&B), semiconductor industry (semiconductor), oil & gas industry (oil & gas), water treatment plants (water treatment) and others segments including power generation plants among others).
Product Definition:
A high purity ball valve is a valve that is specifically designed to handle fluids that require a very high degree of purity. These valves are typically used in applications where the fluid being handled must meet or exceed certain purity standards. The importance of using high purity ball valves for these types of applications is twofold. First, it ensures that the fluid remains uncontaminated by allowing only clean and pure fluid to flow through the system. Second, it protects sensitive equipment from being damaged by exposure to contaminants in the fluid stream.
Fluoropolymer:
Fluoropolymer is a special type of polymeric material, which contains carbon and fluorine molecules. Fluoropolymers are extensively used in high-purity ball valves owing to their excellent properties such as non-corrosive, low permeability and higher operating pressure.
Increasing demand for HVAC equipment across the globe is expected to drive the global market over the forecast period.
Stainless Steel:
Stainless steel is a type of alloy which consists of iron, chromium, nickel and titanium. The combination of these metals gives it an exceptional corrosion resistance. It has high electrical resistance and low thermal conductivity making it suitable for use in heat resistant applications such as ball valves.
The global market for stainless steel is driven by the increasing demand from the food & beverage industry owing to its superior properties including non-corrosive nature and recyclability.
Application Insights:
The global market is segmented by application into pharmaceutical, food & beverage, semiconductor and others. The other applications include chemical processing and municipal solid waste treatment plants. In 2017, the Others application segment accounted for a share of over 30% in terms of revenue. Other emerging applications include water treatment plants and wastewater management which are expected to drive product demand over the forecast period.
High purity ball valves are used in various industries including oil & gas, power generation, pulp & paper as well as municipal solid waste treatment plants among others owing to their ability to operate at high temperatures with minimal wear&tear or downtime involved during maintenance operations.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of stringent regulatory framework for manufacturing and processing high purity products. The region is expected to witness a CAGR of XX% over the forecast period, on account of rising product demand from various end-use industries such as pharmaceutical, food & beverage and semiconductor.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due to rapid industrialization coupled with increasing population in countries such as China, India and Japan. In addition, growing foreign direct investments by multinational companies are projected to fuel regional growth over the coming years.
Growth Factors:
- Increasing demand for high purity ball valves from the semiconductor and pharmaceutical industries.
- Growing popularity of automated systems that use high purity ball valves for controlling and regulating flow rates.
- Rising investments in research and development activities for the development of new high purity ball valve products.
- Proliferation of stringent government regulations pertaining to quality standards in various industries that use high purity ball valves.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Ball Valves Market Research Report
By Type
Fluoropolymer, Stainless Steel
By Application
Pharmaceutical, Food & Beverage, Semiconductor, Others
By Companies
Valex, Quality Sourced Manufacturing, SVF Flow Controls, Parker, Smith-cooper International, Aerre Inox, Top Line, Spirax-Sarco Engineering, AT Controls, Valsteam, Geko Valves, Vinco Valvulas, KACE Valves, Watts, Kevin Steel Corporation, Dockweiler AG
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Ball Valves Market Report Segments:
The global High Purity Ball Valves market is segmented on the basis of:
Types
Fluoropolymer, Stainless Steel
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
Pharmaceutical, Food & Beverage, Semiconductor, Others
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:
- Valex
- Quality Sourced Manufacturing
- SVF Flow Controls
- Parker
- Smith-cooper International
- Aerre Inox
- Top Line
- Spirax-Sarco Engineering
- AT Controls
- Valsteam
- Geko Valves
- Vinco Valvulas
- KACE Valves
- Watts
- Kevin Steel Corporation
- Dockweiler AG
Highlights of The High Purity 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:
- Fluoropolymer
- Stainless Steel
- By Application:
- Pharmaceutical
- Food & Beverage
- Semiconductor
- Others
- 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 High Purity 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
- Market Entry Strategies
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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?
High Purity Ball Valves are a type of valve that is used in industrial and commercial settings. They are designed to be resistant to contamination and have a high degree of accuracy.
Some of the major players in the high purity ball valves market are Valex, Quality Sourced Manufacturing, SVF Flow Controls, Parker, Smith-cooper International, Aerre Inox, Top Line, Spirax-Sarco Engineering, AT Controls, Valsteam, Geko Valves, Vinco Valvulas, KACE Valves, Watts, Kevin Steel Corporation, Dockweiler AG.
The high purity 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 High Purity 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 High Purity Ball Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity 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 High Purity 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 High Purity Ball Valves Market Size & Forecast, 2020-2028
4.5.1 High Purity Ball Valves Market Size and Y-o-Y Growth
4.5.2 High Purity 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 Fluoropolymer
5.2.2 Stainless Steel
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 Pharmaceutical
6.2.2 Food & Beverage
6.2.3 Semiconductor
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity 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 High Purity 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 Fluoropolymer
9.6.2 Stainless Steel
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 Pharmaceutical
9.10.2 Food & Beverage
9.10.3 Semiconductor
9.10.4 Others
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 Fluoropolymer
10.6.2 Stainless Steel
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 Pharmaceutical
10.10.2 Food & Beverage
10.10.3 Semiconductor
10.10.4 Others
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 Fluoropolymer
11.6.2 Stainless Steel
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 Pharmaceutical
11.10.2 Food & Beverage
11.10.3 Semiconductor
11.10.4 Others
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 Fluoropolymer
12.6.2 Stainless Steel
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 Pharmaceutical
12.10.2 Food & Beverage
12.10.3 Semiconductor
12.10.4 Others
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 Fluoropolymer
13.6.2 Stainless Steel
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 Pharmaceutical
13.10.2 Food & Beverage
13.10.3 Semiconductor
13.10.4 Others
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 High Purity Ball Valves Market: Competitive Dashboard
14.2 Global High Purity Ball Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valex
14.3.2 Quality Sourced Manufacturing
14.3.3 SVF Flow Controls
14.3.4 Parker
14.3.5 Smith-cooper International
14.3.6 Aerre Inox
14.3.7 Top Line
14.3.8 Spirax-Sarco Engineering
14.3.9 AT Controls
14.3.10 Valsteam
14.3.11 Geko Valves
14.3.12 Vinco Valvulas
14.3.13 KACE Valves
14.3.14 Watts
14.3.15 Kevin Steel Corporation
14.3.16 Dockweiler AG
