Ball Valve Market Size Report and Growth Analysis 2028

The ball valve market is projected to reach US$ 22.09 billion by 2028 from US$ 16.66 billion in 2023 and is expected to record a CAGR of 5.8% during 2023–2028.

Ball valves are used to control the flow and pressure of fluids. These ball valves' bubble-tight shutoff design minimizes leakage and emission, enhancing safety and maximizing fluid regulation. The ball valves have applications in the industries such as oil & gas, chemical, pharmaceutical, energy & power, water management, and others.

In the oil & gas industry, ball valves help ensure the safe and efficient operation of various processes in upstream, midstream, and downstream sectors. Ball valves regulate fluid flow, maintain pressure and temperature levels, and provide isolation and control for various industrial applications where liquids are involved such as in the pipeline and distribution infrastructure. In the oil & gas industry, ball valves are used in pipeline systems transporting and distributing crude oil, natural gas, and other refined products, as they provide tight shutoff, high flow capacity, and quick operation. As these valves provide high performance for high-pressure conditions and supply tight sealing and emergency shutoff, they are considered a suitable solution for a wellhead control system to manage oil and gas flow from production wells. Also, they are used to isolate wellheads during drilling, completion, and production phases to ensure safety and control over the flow of oil and gas.

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Swapnaja P

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