Trunnion and Floating Ball Valves Market size was valued at USD 9.31 Bn. in 2023 and the total Market size is expected to grow at a CAGR of 5.87% from 2024 to 2030, reaching nearly USD 13.88 Bn. by 2030 as per Stellar Market Research

Stellar Market Research has published a market intelligence and competitive landscape report on the Trunnion and Floating Ball Valves Market. Over the forecast period, Stellar Market Research expects the Trunnion and Floating Ball Valves Market to grow from USD 9.31 Bn in 2023 and is expected to reach USD 13.88 Bn by 2030, at a CAGR of 5.87 percent.

Know More About The Report:https://www.stellarmr.com/report/Trunnion-and-Floating-Ball-Valves-Market/2135

Trunnion and Floating Ball Valves Market Scope:

Market Size in 2023 USD 9.31 Bn.

Market Size in 2030 USD 13.88 Bn.

CAGR 5.87% (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Number of Pages 250

No. of Tables 121

No. of Charts and Figures 115

Segment Covered by Material and End User

Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

For in-depth information on this study, visit the following link: https://www.stellarmr.com/report/req_sample/Trunnion-and-Floating-Ball-Valves-Market/2135

Trunnion and Floating Ball Valves Market Overview:

A Floating Ball Valve is a type of valve that uses a ball that floats on top of a liquid to control the flow of the liquid. Trunnions and floating ball valve sales have been driven by the growing market for these products in several industries including chemical, oil and gas, water and wastewater treatment, and power generation. Market Leaders in the Trunnion and Floating Ball Valves Market have been focused on new product developments, joint ventures, and partnerships to reach their market positions and increase their global position.

Trunnion and Floating Ball Valves Market Dynamics:

The need for essential parts of these systems are trunnion and floating ball valves, which are renowned for their reliability and performance in high-pressure and high-temperature settings has increased the Trunnion and floating ball valves market growth. Actual systems for the transportation and storage of oil and gas have been progressively important as industries grow and urbanization picks up speed resulting in higher demand for the trunnion and floating ball valves market.

Trunnion and Floating Ball Valves Market Regional Insight:

Asia Pacific dominated the market and is expected to continue its dominance through the forecast period with a growing CAGR. The region's huge infrastructure projects which have included constructing pipelines, refineries, and chemical plants, have resulted in a high demand for premium trunnion and floating ball valves.

India exports most of its Trunnion ball valve and HSN Code 8481 to the US, UK, and UAE. The top 3 exporters of Trunnion ball valve and HSN Code 8481 are India with 5,244 shipments, China with 1,894, and Italy with 699 shipments.

Trunnion and Floating Ball Valves Market Competitive Landscape:

In May 2024, IMI launched its first control valve for urea plants which is set to be installed at one of the major fertilizer plants in the MEA region.

In Nov 2023, Emerson announced its innovative new Fisher Whisper Trim Technology for use in rotary and globe valves to providing an extension to Emerson's current portfolio of Whisper noise solutions.

For in-depth information on this study, visit the following link: https://www.stellarmr.com/report/req_sample/Trunnion-and-Floating-Ball-Valves-Market/2135

Trunnion and Floating Ball Valves Market Segmentation:

By Material

Cast Iron
Stainless Steel
Alloy Based
Others

By End User

Oil & Gas
Energy & Power
Water & Wastewater Treatment
Chemicals
Others

Leading Trunnion and Floating Ball Valves Market key industry:

Emerson Electric Co.
Flowserve Corporation
Velan Inc.
Crane Co.
IMI plc
Metso Corporation
Schlumberger

Inquire For More Details:https://www.stellarmr.com/report/enquire_now/Trunnion-and-Floating-Ball-Valves-Market/2135

Key questions answered in the Trunnion and Floating Ball Valves Market are:

What are the growth drivers for the Trunnion and Floating Ball Valves Market?

What is the Restraint for the Trunnion and Floating Ball Valves Market?

What is the projected Trunnion and Floating Ball Valves Market size and growth rate of the Market?

What segments are covered in the Trunnion and Floating Ball Valves Market report?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region

Stellar Market Research is leading Machinery & Equipment research firm, has also published the following reports:

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Metal Pressure Hose Market size was valued at USD 2.17 Bn. in 2023 and the total Market size is expected to grow at a CAGR of 4.64% from 2024 to 2030, reaching nearly USD 2.98 Bn. by 2030.

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About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on Healthcare, Pharmaceuticals, Electronics, and communications, Chemical and Material, Food and beverage, Aerospace and defense, and other sectors. The company provides numerous services i.e., consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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