Ball Valves Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by Material (Cast Iron, Steel, Alloy-based), End-User Industry (Oil and Gas, Chemicals, Water and Wastewater, Power, Food and Beverage, Pharmaceutical), By Region, By Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 14.49 Billion
CAGR (2026-2031)	3.05%
Fastest Growing Segment	Food and Beverage
Largest Market	North America
Market Size (2031)	USD 17.35 Billion

Market Overview

The Global Ball Valves Market will grow from USD 14.49 Billion in 2025 to USD 17.35 Billion by 2031 at a 3.05% CAGR. A ball valve is a flow control device that utilizes a hollow, perforated, and pivoting ball to regulate the passage of liquids or gases through a quarter-turn mechanism. The primary drivers supporting the market's growth include the escalating energy demands within the oil and gas sector and the stringent regulatory requirements necessitating efficient water and wastewater treatment solutions globally. Furthermore, rapid industrialization in emerging economies creates a sustained need for durable and reliable infrastructure components, ensuring a steady demand for these valves in power generation and chemical processing facilities.

Despite these positive growth indicators, the market encounters a significant challenge regarding the volatility of raw material prices, particularly steel and copper, which can unpredictably impact manufacturing costs and profit margins. This economic uncertainty complicates long-term pricing strategies for manufacturers who must navigate fluctuating input costs while maintaining competitiveness. According to the VDMA Valves Association, in 2024, the industrial valves industry recorded a nominal sales growth of 6 percent, a figure that highlights the sector's resilience and the continued reliance on international trade despite the prevailing economic headwinds affecting production costs.

Key Market Drivers

The expansion of oil and gas exploration and pipeline infrastructure acts as a primary catalyst for the global ball valves market. As energy companies venture into remote locations, the requirement for high-integrity flow control mechanisms becomes critical to manage high-pressure extraction. Ball valves are utilized here due to their ability to provide tight shut-off capabilities, which are essential for preventing leaks in transmission pipelines. This sector's momentum is evidenced by substantial capital allocation toward upstream activities. According to the International Energy Agency, June 2024, in the 'World Energy Investment 2024' report, global upstream oil and gas investment is expected to increase by 7 percent to USD 570 billion in 2024. Such financial commitment correlates with increased procurement of industrial valves to support new extraction projects.

Rising investments in water and wastewater treatment facilities further solidify demand as municipalities upgrade aging infrastructure to meet environmental standards. Ball valves are integral for regulating flow and isolating piping during maintenance, offering resistance to the corrosion common in treatment processes. The push for modernization is visible in major regulatory funding proposals. According to Ofwat, July 2024, in the 'PR24 Draft Determinations', the regulator proposed an expenditure allowance of GBP 88 billion for water companies over the 2025–30 period to upgrade infrastructure. This influx of capital ensures a steady project pipeline, reflecting broader industrial growth. According to Flowserve Corporation, in 2024, the company reported full-year 2023 bookings of USD 4.3 billion, demonstrating the robust need for flow control technologies across diverse sectors.

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Key Market Challenges

The volatility of raw material prices, specifically for steel and copper, creates a substantial barrier to the operational stability of the global ball valves market. Manufacturers rely heavily on these metals for casting and forging essential valve components, meaning that sudden price fluctuations directly alter production baselines. When material expenses rise unexpectedly, producers face the difficult choice of absorbing the additional costs, which erodes profit margins, or increasing final product prices, which can diminish competitiveness in price-sensitive sectors. This economic unpredictability complicates the formulation of long-term pricing strategies and often delays vital investment in new manufacturing capacities.

This instability in the upstream material sector further disrupts supply chain planning and inventory management for valve fabricators. The erratic nature of the raw material market makes it difficult to forecast availability and cost structures accurately. According to the World Steel Association, in 2024, global steel demand was forecast to decline by 0.9 percent to 1,751 million tonnes, a contraction that underscores the fluctuating market conditions affecting component manufacturers. Such variances in the foundational steel market create a ripple effect that hampers the ability of valve manufacturers to maintain consistent production schedules and secure firm pricing models for their clients.

Key Market Trends

The transition to electrically actuated ball valves is accelerating as operators prioritize the elimination of fugitive methane emissions inherent to gas-powered pneumatic systems. This shift is further propelled by the need for precise, digitized flow control that integrates seamlessly with distributed control systems, allowing for real-time monitoring and predictive maintenance. The move toward electrification addresses both environmental compliance and operational efficiency, particularly in upstream energy production where remote asset management is critical. According to Rotork, April 2025, in the 'Annual Report 2024', the company reported that its revenue increased by 4.9 percent year-over-year, a performance underpinning the growing industrial appetite for intelligent, electric actuation technologies that support these modernization efforts.

Concurrently, the market is witnessing a significant rise in the adoption of metal-seated trunnion valves for severe service applications involving extreme pressures and abrasive fluids. Unlike soft-seated counterparts, these robust components utilize advanced surface coatings such as tungsten carbide to withstand the harsh conditions found in modern power generation and clean energy processing facilities. This durability ensures reliable isolation in critical safety loops, significantly reducing downtime and replacement costs in high-stress environments. According to Velan Inc., January 2025, in the 'Fiscal 2025 Third Quarter Results', the manufacturer achieved quarterly sales of USD 73.4 million, an increase of 18.1 percent from the prior year, reflecting the sustained demand for high-performance valves in these demanding sectors.

Segmental Insights

Market research identifies the Food and Beverage sector as the fastest-growing segment in the Global Ball Valves Market. This growth is driven by the enforcement of strict hygiene standards, such as those from the FDA, necessitating the adoption of sanitary fluid handling systems. Manufacturers are increasingly utilizing ball valves with cavity-free seats and stainless steel construction to prevent contamination and withstand aggressive Cleaning-in-Place sterilization. Additionally, the industry's transition toward automated processing lines requires these durable, precision-engineered components to maintain high operational efficiency and ensure rigorous compliance with product safety mandates.

Regional Insights

North America holds the leading position in the global ball valves market due to substantial investments in the energy and industrial sectors. The region experiences consistent demand driven by shale gas exploration and the necessary upgrade of existing pipeline networks. Additionally, strict adherence to safety and quality protocols reinforces market stability. For instance, compliance with standards set by the American Petroleum Institute compels manufacturers to produce certified valves that meet rigorous operational requirements. This combination of established infrastructure development and regulatory enforcement ensures North America remains the primary hub for valve procurement.

Recent Developments

• In October 2025, Batu Valve established a strategic distribution partnership with Valvenok Ltd to strengthen its presence in the United Kingdom and enhance service delivery to British customers. This collaboration appointed the UK-based supplier as the authorized distributor for the company's comprehensive range of ball valve technologies, including trunnion-mounted and pig ball valves. A spokesperson for Batu Valve noted that the alliance combined their manufacturing expertise with a robust local distribution network to ensure shorter lead times and dedicated technical support. The initiative aimed to provide efficient and safe valve solutions specifically for the oil, gas, and power industries in the region.
• In September 2024, Bray International disclosed a strategic partnership with Aquestia, a manufacturer known for hydraulic and air valves, to expand its distribution capabilities in the mining and metals sectors. Under this agreement, the company became the exclusive sales and distribution partner for Aquestia’s product lines across North America, South America, Europe, and Africa. The collaboration was intended to leverage Bray’s extensive global network to supply a broader range of flow control solutions, complementing its existing ball valve offerings. This move allowed the company to create added value for customers by integrating specialized hydraulic and air valve products into its established service channels.
• In August 2024, Aalberts Integrated Piping Systems announced the launch of the Apollo v-port series control valve, significantly expanding its portfolio for the industrial flow control market. This new ball valve featured a pressure-balanced solid ball and a three-piece construction designed to facilitate easier maintenance and repair in critical systems. The company highlighted that the valve was engineered for precise flow control in sectors such as power generation, chemical processing, and water treatment. By incorporating advanced sealing technologies and corrosion-resistant stainless steel trim, the product aimed to reduce operational costs and enhance system performance in difficult temperature and aggressive fluid applications.
• In February 2024, Valmet introduced the Neles XH series to the global market, a new range of trunnion-mounted metal-seated ball valves designed for demanding industrial applications. The company stated that this product line was engineered to deliver enhanced reliability and safety in high-cycle shut-off and throttling services, particularly for the chemical, petrochemical, and oil and gas sectors. According to the Senior Product Manager for Flow Control at Valmet, the design focused on extending maintenance intervals and minimizing fugitive emissions to comply with ISO 15848 standards. The launch aimed to provide customers with improved process efficiency and sustainable performance across the valve's entire lifecycle.

Key Market Players

• ALFA LAVAL
• CIRCOR International Inc.
• Crane Co.
• Castel SRL
• Sanhua USA
• Curtiss-Wright Corporation
• Danfoss A/S
• Emerson Electric Co
• Georg Fischer Ltd
• Flowserve Corporation

By Region

North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Ball Valves Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Ball Valves Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE