Market Overview:
The global port 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 port ball valves from various end-use industries, such as oil & gas, chemical, water treatment, pulp & paper and others. In addition, the growing demand for energy-efficient and environment-friendly products is also contributing to the growth of this market. Based on type, the global port ball valves market can be segmented into soft seal valve and hard seal valve. The soft seal valve segment is expected to account for a larger share of the global port ball valves market than the hard seal valve segment during the forecast period. This can be attributed to its advantages over hard seal valves such as low leakage rate and less noise generation. Based on application,the global port ball valvesmarket can be divided into oil & gas industry, chemical industry,, water treatment industry,, pulp & paper industryand others segments .
Product Definition:
A port ball valve is a type of valve that uses a ball to control the flow of fluid through it. The ball is positioned in a port, which is the opening in the valve body that allows fluid to flow through. When the ball is in place, it blocks the flow of fluid. When the ball is moved out of the way, fluid can flow freely through the port. Port ball valves are used to regulate and control fluids flowing through pipes and tubing. They are also used as switches to turn fluids on or off.
Soft Seal Valve:
The soft seal valve is a device that forms an airtight seal between the port and the stem of a ball valve. The soft seal has no moving parts, which makes it suitable for applications where precision is not required or where durability is important. Soft seals are used in various industries including food & beverages, chemicals, pharmaceuticals and oil & gas among others.
Hard Seal Valve:
Hard seal valve is a one-piece, non-closing ball valve. It has no stem and is installed in the open position. The only way to close it is to turn it clockwise using your hand or foot, which seals the fluid flow path through the valve body.
Application Insights:
The oil & gas application segment accounted for the largest market share of over 30% in 2017. The growth can be attributed to the growing demand for crude oil and natural gas from various end-use industries across the globe. Port ball valves are used in numerous applications within the oil &gas industry such as fluid management, production, transportation and logistics among others.
The water treatment application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing government initiatives on improving water infrastructure across several regions including North America and Europe among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing energy demand in emerging economies, such as China and India. In addition, rising government initiatives for the development of port infrastructure are anticipated to drive product demand over the forecast period. For instance, The Government of India has planned about 100 smart ports by 2020 which will have advanced facilities for handling huge amount of cargo in a short time with less damage.
In terms of revenue share, Asia Pacific was followed by North America that accounted for 31% share in 2017 owing tp high adoption rate coupled with growing need for maintenance & repair activities within industries operating at various locations across U.S.
Growth Factors:
- Increasing demand from oil and gas industry: The global oil and gas industry is witnessing a surge in demand for port ball valves, owing to the increasing exploration and production activities. This is expected to drive the growth of the market during the forecast period.
- Rising investments in infrastructure development: There has been a significant increase in investments made in infrastructure development across various regions of the world, which is expected to create opportunities for port ball valve manufacturers.
- Growing popularity of smart valves: The market for smart valves is growing at a rapid pace, owing to their ability to provide real-time information about process parameters such as pressure, temperature, and flow rate. This is anticipated to boost the growth of the port ball valve market during the forecast period.
- Technological advancements: Valve manufacturers are investing heavily in R&D activities with an aim to develop innovative products that can meet changing customer needs effectively. This is likely to propelthe growth oftheportballvalvemarketduringtheforecastperiod . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Port Ball Valves Market Research Report
By Type
Soft Seal Valve, Hard Seal Valve
By Application
Oil & Gas, Chemical, Water Treatment, Pulp & paper, Others
By Companies
Emerson, Flowserve, IMI, SAMSON, Metso, SOMAS, Kitz, Bray, DEZURIK, Hitachi, Emerson, JDV Control Valves, LINUO, Lapar Control Valve, A-T Controls, HISAKA, Pekos Valves, Jiangsu Shentong Valve, JFlow Controls, OVIKO
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Port Ball Valves Market Report Segments:
The global Port Ball Valves market is segmented on the basis of:
Types
Soft Seal Valve, Hard Seal 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 & Gas, Chemical, Water Treatment, Pulp & paper, 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:
- Emerson
- Flowserve
- IMI
- SAMSON
- Metso
- SOMAS
- Kitz
- Bray
- DEZURIK
- Hitachi
- Emerson
- JDV Control Valves
- LINUO
- Lapar Control Valve
- A-T Controls
- HISAKA
- Pekos Valves
- Jiangsu Shentong Valve
- JFlow Controls
- OVIKO
Highlights of The Port 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:
- Soft Seal Valve
- Hard Seal Valve
- By Application:
- Oil & Gas
- Chemical
- Water Treatment
- Pulp & paper
- 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 Port 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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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?
Port ball valves are used in industrial and commercial settings to control the flow of liquids, gases, or steam. They are also known as butterfly valves because of their shape.
Some of the major players in the port ball valves market are Emerson, Flowserve, IMI, SAMSON, Metso, SOMAS, Kitz, Bray, DEZURIK, Hitachi, Emerson, JDV Control Valves, LINUO, Lapar Control Valve, A-T Controls, HISAKA, Pekos Valves, Jiangsu Shentong Valve, JFlow Controls, OVIKO.
The port ball valves market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Port 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 Port Ball Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Port 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 Port 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 Port Ball Valves Market Size & Forecast, 2018-2028
4.5.1 Port Ball Valves Market Size and Y-o-Y Growth
4.5.2 Port Ball Valves Market Absolute $ Opportunity
Chapter 5 Global Port Ball Valves 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 Port Ball Valves Market Size Forecast by Type
5.2.1 Soft Seal Valve
5.2.2 Hard Seal Valve
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Port Ball Valves 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 Port Ball Valves Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Chemical
6.2.3 Water Treatment
6.2.4 Pulp & paper
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Port 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 Port 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 Port Ball Valves Analysis and Forecast
9.1 Introduction
9.2 North America Port Ball Valves 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 Port Ball Valves Market Size Forecast by Type
9.6.1 Soft Seal Valve
9.6.2 Hard Seal Valve
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 Port Ball Valves Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Chemical
9.10.3 Water Treatment
9.10.4 Pulp & paper
9.10.5 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 Port Ball Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Port Ball Valves 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 Port Ball Valves Market Size Forecast by Type
10.6.1 Soft Seal Valve
10.6.2 Hard Seal Valve
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 Port Ball Valves Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Chemical
10.10.3 Water Treatment
10.10.4 Pulp & paper
10.10.5 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 Port Ball Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Port Ball Valves 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 Port Ball Valves Market Size Forecast by Type
11.6.1 Soft Seal Valve
11.6.2 Hard Seal Valve
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 Port Ball Valves Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Chemical
11.10.3 Water Treatment
11.10.4 Pulp & paper
11.10.5 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 Port Ball Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Port Ball Valves 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 Port Ball Valves Market Size Forecast by Type
12.6.1 Soft Seal Valve
12.6.2 Hard Seal Valve
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 Port Ball Valves Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Chemical
12.10.3 Water Treatment
12.10.4 Pulp & paper
12.10.5 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) Port Ball Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Port Ball Valves 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) Port Ball Valves Market Size Forecast by Type
13.6.1 Soft Seal Valve
13.6.2 Hard Seal Valve
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) Port Ball Valves Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Chemical
13.10.3 Water Treatment
13.10.4 Pulp & paper
13.10.5 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 Port Ball Valves Market: Competitive Dashboard
14.2 Global Port Ball Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Flowserve
14.3.3 IMI
14.3.4 SAMSON
14.3.5 Metso
14.3.6 SOMAS
14.3.7 Kitz
14.3.8 Bray
14.3.9 DEZURIK
14.3.10 Hitachi
14.3.11 Emerson
14.3.12 JDV Control Valves
14.3.13 LINUO
14.3.14 Lapar Control Valve
14.3.15 A-T Controls
14.3.16 HISAKA
14.3.17 Pekos Valves
14.3.18 Jiangsu Shentong Valve
14.3.19 JFlow Controls
14.3.20 OVIKO
