Ball Valves Market drive expansion in the near future at a CAGR of 5.94% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published on the “Global Ball Valves Market”.

The Global Ball Valves Market is estimated to register a CAGR of 5.94% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the Global Ball Valves Market— Alfa Laval, Swagelok Company, Emerson Electric Company, MRC Global Inc, Velan Inc, The Weir Group Plc, Valmet, Flowserve Corporation, Dwyer Instruments Ltd, and Flomatic Corporation.

Ball Valves Market Highlights

The Global Ball Valves Market is estimated to register a CAGR of 5.94% during the forecast period and is estimated to reach USD 12,598.47 Million by 2032.

The demand for ball valves in recent years has been increasing due to the growing need for energy & power. The increasing need for energy & power is rising from numerous factors such as population growth, urbanization, industrialization, and the search for cleaner and more sustainable energy sources. Ball valves are used in fossil fuel power plants, nuclear power plants, hydroelectric power plants, and renewable energy installations like solar & wind farms. The power generation sector, encompassing conventional and renewable energy sources, relies on ball valves for many applications. The need to expand power generation capacity to meet the growing electricity demand is fueling the demand for ball valves. The oil & gas sector is a major consumer of ball valves. The growing global demand for oil & gas, driven by economic growth and industrial development, is directly increasing the demand for ball valves in this industry. Ball valves are used in the oil & gas sector in upstream, midstream, and downstream operations, together with drilling, production, refining, and transportation. Ball valves are also extensively used in several industrial applications, such as chemical processing, petrochemicals, mining, and manufacturing.

Moreover, the increasing adoption of industrial automation presents a significant growth opportunity for the ball valve market due to numerous factors such as advanced control capabilities, increased efficiency & productivity, real-time monitoring & diagnostics. Industrial automation relies on precise control & regulation of fluid flows in several processes. Ball valves play an important role in control of fluids by providing accurate and efficient flow regulation. As industries are increasingly adopting automation technologies, the demand for ball valves with advanced control capabilities & compatibility with automation systems is growing. Ball valves can be integrated with programmable logic controllers (PLC) and distributed control systems (DCS), which are key components of industrial automation systems. This integration allows seamless communication & control of valves within automated processes.

Segment Analysis

The Global Ball Valves Market has been segmented based on size, ball valve pieces, design technology, method of actuation, and application.

On the basis of size, the market is segmented into Up to 1”, 1"-3", and 4"-6". The 4"-6" segment dominated the global market in 2023, while the 1”-3” are projected to be the fastest–growing segment during the forecast period. Ball valves with a nominal diameter ranging from 4 inches to 6 inches are robust, heavy-duty, and capable of handling more demanding applications. They mostly have a higher-pressure rating and flow capacity compared to smaller sizes. These larger-sized ball valves are commonly used in industries, like oil & gas pipelines, power generation plants, water distribution systems, and industrial processes requiring larger volumes of fluid. 4"-6" ball valves are generally constructed with materials such as stainless steel or cast iron to withstand the pressures and conditions they encounter.

On the basis of ball valve pieces, the market is segmented into 1 Piece, 2 Pieces, and 3 Pieces. The 3 Pieces segment dominated the global market in 2023, while the 2 Pieces is projected to be the fastest–growing segment during the forecast period. 3-piece ball valves consist of three main components, a body and two end connectors. The body is sandwiched between the end connectors, which are bolted together to create a secure assembly. These valves offer a higher level of flexibility & serviceability compared to 1-piece and 2-piece valves. They have a higher-pressure rating and are available in larger sizes. 3-piece ball valves are usually used in applications that require frequent maintenance, such as chemical processing, food & beverage industries, and industrial processes with demanding conditions.

On the basis of design technology, the market is segmented into floating ball design, and trunnion mounted ball design. The trunnion mounted ball design segment dominated the global market in 2023. In a trunnion mounted ball design, the ball is supported by trunnions, which are fixed or supported by a stem. The stem connects the ball to the actuator or handle, allowing for precise control and positioning of the ball. Trunnion mounted ball valves have a more complex construction as compared to floating ball valves. They consist of a ball with a through-hole, a seat, trunnions that support the ball, a stem for actuation, and a body. These valves are normally used in high-pressure & high-temperature applications, such as oil & gas pipelines, refining processes, petrochemical industries, and power generation.

On the basis of method of actuation, the market is segmented into manual, control, and on-off valve. The on-off valve segment dominated the global market in 2023, while the control is projected to be the fastest–growing segment during the forecast period. On-off ball valves can be manually operated or actuated by external devices, such as pneumatic or electric actuators. They provide a binary operation, allowing the valve to be fully open or fully closed. These valves are primarily used for quick shut-off applications or in situations where only two positions (open or closed) are required. On-off ball valves are used in various industries, such as oil & gas, water treatment, power plants, and chemical processing, where reliable shut-off capabilities are necessary.

Based on application, the global ball valves market is bifurcated into metal & mining, oil & gas, water & wastewater treatment, LNG, LPG, steel industry, sugar industry, chemical & petro chemical, pulp & paper, energy & power, building & construction, food & beverage, and others. The others segment dominated the market in 2023, while the energy & power segment is projected to be the fastest–growing segment during the forecast period. Ball valves have several applications in some other areas like agriculture, pharmaceutical, and polymer industry. These valves are widely used in agricultural irrigation systems to control the flow of water. Ball valves are commonly employed in agricultural pumps and sprayers to control the flow of liquid fertilizers, pesticides, herbicides, and other chemicals used in agricultural applications. The quick shut-off capability of ball valves allows for precise control and prevents dripping or leakage when the equipment is not in use. Ball valves are broadly used in the pharmaceutical industry due to their sanitary design, ease of cleaning, and ability to handle a wide range of fluids. Pharmaceutical filtration systems often incorporate ball valves to control the flow of liquids through different filtration stages.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Ball Valves Market Research Report

Regional Analysis

The Global Ball Valves Market, based on region, has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America consists of US, Canada, and Mexico. The Europe Ball Valves Market comprises of Germany, France, UK, Spain, Italy, and the rest of Europe. The Global Ball Valves Market in Asia-Pacific has been segmented into China, India, Japan, and the rest of Asia-Pacific. The Middle East & Africa Ball Valves Market consists of Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa. The Global Ball Valves Market in South America has been segmented into Brazil, Argentina, and Rest of South America.

The largest market share for the Ball Valves was maintained by the North America regional sector. North America is a major market for ball valves, which are mechanical devices that control the flow and pressure of fluids in various industrial applications. Ball valves have a wide range of uses in industries such as oil and gas, power generation, chemical, water and wastewater, mining, and food and beverage. The market is expected to grow at a significant rate in the coming years, due to the increasing need for valves that are energy-efficient and reliable, the use of innovative technologies such as 3D printing and IoT, and the rising investments in new and upgraded nuclear power plants. The market is also affected by the standards and regulations that differ across different regions and industries. Some of the major players in the market are Emerson Electric Co., Flowserve Corporation, Cameron International Corporation, Crane Co., and Metso Corporation.

Moreover, Asia Pacific is the second-largest region in the Ball Valves Market. The Asia-Pacific Ball Valve Market is witnessing a significant growth due to the increasing demand from various end-user industries, such as oil and gas, power generation, chemical, water and wastewater, and mining. Ball valves are widely used to control the flow of fluids and gases in these industries, as they offer high reliability, durability, and efficiency. One of the unique features of the Asia-Pacific Ball Valve Market is the adoption of advanced valve technologies to meet the specific needs of the region. For instance, some of the ball valves used in the oil and gas industry are designed to withstand high temperatures and pressures, corrosive environments, and abrasive media. Some of the ball valves used in the water and wastewater industry are equipped with smart sensors and actuators that enable remote monitoring and control, leak detection, and energy optimization.

Additionally, the Europe Ball Valves Market has grown significantly in recent years. Europe is a key region in the global ball valve market, offering a rich landscape of opportunities for manufacturers, suppliers, and customers alike. Ball valves, widely used in various industries, are essential components for regulating the flow of fluids and gases. Their design, which includes a hollow ball with a hole in the center, allows for efficient control and shut-off operations. Europe's robust industrial sector, comprising automotive, oil and gas, chemical, and water treatment industries, drives the demand for ball valves.

Also, the Ball Valves in the MEA region has witnessed sizable growth and promising prospects in recent years. The ball valve market in the Middle East and Africa is projected to increase in the future, as the region’s industrial and infrastructure sectors grow. One of the major factors driving the growth of the market is the expanding power generation sector in the GCC countries, where ball valves are used to control the flow of fluids and gases. Ball valves are also widely used in other industries, such as oil and gas, water treatment, chemicals and petrochemicals, food and beverage, healthcare and pharmaceuticals, and others.

Furthermore, the Ball Valves Market in South America is anticipated to grow at a substantial rate over the forecast period. South America is a promising market for ball valves, which are mechanical devices that regulate the flow of liquid or gas within a system. Ball valves are used in various industries, such as power, water and wastewater management, chemicals, oil and gas, and others. The demand for ball valves in South America is driven by factors such as rapid industrialization, urbanization, smart city development, and increasing need for desalination activities.

Key Findings of the Study

• The Global Ball Valves Market is expected to reach USD 12,598.47 Million by 2032, at a CAGR of 5.94% during the forecast period.


• The North America region accounted for the fastest-growing global market due to the significant industrial infrastructure growth.


• Based on application, the others segment was attributed to holding the largest market in 2023.


• Alfa Laval, Swagelok Company, Emerson Electric Company, MRC Global Inc, Velan Inc, The Weir Group Plc, Valmet, Flowserve Corporation, Dwyer Instruments Ltd, and Flomatic Corporation are the key market players.