Global Segmented Ball Valves market will reach 560 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/6

A segmented ball valve is similar to a conventional ball valve, but with a contoured V-notch segment in the ball. This control valve has good range ability, control, and shutoff capability. The V-notch ball provides positive shearing action and produces an inherent equal percentage flow characteristic. It provides non-clogging, high capacity flow control. The V-notch ball has been specially contoured to maximize capacity and enhance seal life and shutoff integrity.

With emerging economies growing faster, a strategy has been adopted by most leading vendors in the segmented ball valves market to approach these areas. Our analysis of the segmented ball valves market indicated that Asia-Pacific would account for the highest sales in 2023 with close to 43 percent of global sales coming from this region, and developing countries has the highest growth rate. Vendors recognize the importance of this region, are working towards penetrating this market by strengthening their sales and distribution networks.

The global Segmented Ball Valves market was 450 million US$ in 2018 and is expected to 560 million US$ by the end of 2025, growing at a CAGR of 3.4% between 2019 and 2025.

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