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Ball Valves Market 2019-2024
Release time：
Dec 25,2024
In this report, the ball valves market, by valve type, has been segmented into trunnion mounted, floating, and rising stem ball valves.
In this report, the ball valves market, by valve type, has been segmented into trunnion mounted, floating, and rising stem ball valves. Among these, the trunnion mounted is expected to hold the largest share of the market throughout the forecast period. Growth in energy consumption, new production technologies, demand for process safety, increasing focus on sustainability, and environmental regulations boost the trunnion ball valves market.
"APAC to hold the largest share of the ball valves market from 2019 to 2024"
In terms of market size, APAC is expected to dominate the ball valves market during the forecast period as it is likely to witness significant growth in the said market during the forecast period. The population growth and rapid urbanization in developing economies, such as China and India, have prompted the speedy development in the region, which will boost the demand for ball valves from several industries such as energy & power, water & wastewater treatment, construction, chemicals, pharmaceuticals, and oil & gas.
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