South America Ball Valve Market Forecast to 2028- COVID-19 Impact and Regional Analysis- by Type (Rising Stem, Floating, and Trunnion Mounted); Material (Stainless Steel, Cast Iron, Cryogenic, Alloy, and Others); End-Use Industry (Water Management, Oil & Gas, Chemicals, Pharmaceuticals, Energy & Power, and Others)
The South America Ball Valve Market is expected to grow from US$ 398.78 million in 2023 to US$ 447.43 million by 2028. It is estimated to grow at a CAGR of 2.3% from 2023 to 2028.
Rising Demand for Ball Valves in Oil & Gas Industry Fuel South America Ball Valve Market
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.
South America Ball Valve Market Overview
- In September 2019, IMI plc announced the proposed acquisition of PBM Inc. at US$ 85 million. PBM is a manufacturer of high-quality industrial valves and flow control products. The acquisition will help IMI expand its presence in the pharmaceutical and biotechnology industry.
- In June 2020, OMB Valves SpA acquired BEL Valves S.r.l. Through this acquisition, OMB Valves can expand its production through the Milan facility of BEL Valves. The facility produces API 6D ball and gate valve products, which will help OMB to expand its product portfolio.
South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
The South America Ball Valve Market is segmented into type, material, end-use industry and country.
Based on type, the South America Ball Valve Market is segmented into Rising Stem, Floating, and Trunnion Mounted. The Trunnion Mounted segment held a larger share of the South America Ball Valve Market in 2023.
Based on material, the South America Ball Valve Market is segmented into Stainless Steel, Cast Iron, Cryogenic, Alloy, and Others. The Stainless-Steel segment held the largest share of the South America Ball Valve Market in 2023.
Based on end user, the South America Ball Valve Market is segmented into Water Management, Oil & Gas, Chemicals, Pharmaceuticals, Energy & Power, and Others. The Chemicals segment held the largest share of the South America Ball Valve Market in 2023.
Based on country, the South America Ball Valve Market is segmented into the Brazil, Argentina, and the rest of SAM. The rest of SAM dominated the share of the South America Ball Valve Market in 2023.
Key players dominating the South America Ball Valve market are Velan Inc; Neway Valve Suzhou Co Ltd; KITZ Corp; Flowserve Corp; Crane Co; Emerson Electric Co; Schlumberger NV
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Ball Valve Market Landscape
4.1 Market Overview
4.2 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. South America Ball Valve Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Ball Valves in Oil & Gas Industry
5.1.2 Growing Mergers and Acquisitions
5.2 Market Restraints
5.2.1 Growing Use of Alternative Valves
5.3 Market Opportunities
5.3.1 Rising Investments in Drinking Water Infrastructure
5.4 Future Trends
5.4.1 Increasing Automation in End-Use Industries
5.5 Impact Analysis of Drivers and Restraints
6. Ball Valve Market – South America Market Analysis
6.1 South America South America Ball Valve Market Overview
6.2 South America South America Ball Valve Market Revenue Forecast and Analysis
7. South America Ball Valve Market Revenue and Forecast to 2028 – Type
7.1 Overview
7.2 South America Ball Valve Market, By Type (2022 & 2028)
7.3 Rising Stem
7.3.1 Overview
7.3.2 Rising Stem: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
7.4 Floating
7.4.1 Overview
7.4.2 Floating: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
7.5 Trunnion Mounted
7.5.1 Overview
7.5.2 Trunnion Mounted: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
8. South America Ball Valve Market Revenue and Forecast to 2028 – Material
8.1 Overview
8.2 South America Ball Valve Market, By Material (2022 & 2028)
8.3 Stainless Steel
8.3.1 Overview
8.3.2 Stainless Steel: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
8.4 Cast Iron
8.4.1 Overview
8.4.2 Cast Iron: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
8.5 Cryogenic
8.5.1 Overview
8.5.2 Cryogenic: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
8.6 Alloy
8.6.1 Overview
8.6.2 Alloy: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
9. South America Ball Valve Market Revenue and Forecast to 2028 – End-Use Industry
9.1 Overview
9.2 South America Ball Valve Market, By End-Use Industry (2022 & 2028)
9.3 Water Management
9.3.1 Overview
9.3.2 Water Management: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
9.4 Oil & Gas
9.4.1 Overview
9.4.2 Oil & Gas: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
9.5 Chemicals
9.5.1 Overview
9.5.2 Chemicals: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
9.6 Pharmaceuticals
9.6.1 Overview
9.6.2 Pharmaceuticals: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
9.7 Energy & Power
9.7.1 Overview
9.7.2 Energy & Power: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
10. South America Ball Valve Market – Country Analysis
10.1 Overview
10.1.1 SAM: Ball Valve Market, by Key Country
10.1.1.1 Brazil: Ball Valve Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Ball Valve Market, By Type
10.1.1.1.2 Brazil: Ball Valve Market, by Material
10.1.1.1.3 Brazil: Ball Valve Market, by End-Use Industry
10.1.1.2 Argentina: Ball Valve Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Ball Valve Market, By Type
10.1.1.2.2 Argentina: Ball Valve Market, by Material
10.1.1.2.3 Argentina: Ball Valve Market, by End-Use Industry
10.1.2 Rest of SAM: Ball Valve Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Rest of SAM: Ball Valve Market, By Type
10.1.2.1.2 Rest of SAM: Ball Valve Market, by Material
10.1.2.1.3 Rest of SAM: Ball Valve Market, by End-Use Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Velan Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Neway Valve Suzhou Co Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 KITZ Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Flowserve Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Crane Co
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Emerson Electric Co
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Schlumberger NV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. South America South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil: Ball Valve Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Ball Valve Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Ball Valve Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Ball Valve Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Ball Valve Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Ball Valve Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Ball Valve Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Ball Valve Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Ball Valve Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. South America Ball Valve Market Segmentation
Figure 2. South America Ball Valve Market Segmentation – By Country
Figure 3. South America Ball Valve Market Overview
Figure 4. South America Ball Valve Market, by Type
Figure 5. South America Ball Valve Market, by Country
Figure 6. South America – PEST Analysis
Figure 7. South America Ball Valve Market – Ecosystem Analysis
Figure 8. South America Ball Valve Market: Impact Analysis of Drivers and Restraints
Figure 9. South America South America Ball Valve Market Revenue Forecast and Analysis (US$ Million)
Figure 10. South America Ball Valve Market, By Type (2022 & 2028)
Figure 11. Rising Stem: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Floating: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Trunnion Mounted: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. South America Ball Valve Market, By Material (2022 & 2028)
Figure 15. Stainless Steel: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Cast Iron: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Cryogenic: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Alloy: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. South America Ball Valve Market, By End-Use Industry (2022 & 2028)
Figure 21. Water Management: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Oil & Gas: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Chemicals: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Pharmaceuticals: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Energy & Power: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Others: South America Ball Valve Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. South America Ball Valve Market, by Key Country – Revenue (2022) (US$ Million)
Figure 28. SAM: Ball Valve Market Revenue Share, by Key Country (2022 & 2028)
Figure 29. Brazil: Ball Valve Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Argentina: Ball Valve Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of SAM: Ball Valve Market – Revenue and Forecast to 2028 (US$ Million)
- Crane Co
- Emerson Electric Co
- Flowserve Corp
- KITZ Corp
- Neway Valve Suzhou Co Ltd
- Schlumberger NV
- Velan Inc
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