As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
India ball valves market is expected
to grow at a steady rate during the forecast period. The India ball valves market
is driven by the growing demand from various end user industries including oil
& gas, chemical & petrochemical, water & wastewater, construction,
among others. Additionally, the smart city initiative in the country is further
expected to fuel the market growth through 2025. Furthermore, increased
adoption of technologies such as IIoT and 3D printing technology in
manufacturing of ball valves coupled with new product launches by the major
players operating in the market is expected to create lucrative opportunities
for market growth over the next few years. However, regular maintenance
downtime in various processes across end user industries thereby slowing down
the market growth during the forecast period. Besides, lack of standardization of
certifications and policies can further impede the market growth.
The India ball valves market is
segmented based on type, material, size, end user industry, company and region.
Based on material, the market can be categorized into stainless steel, cast
iron, alloy based, cryogenic and others. The stainless steel segment is
expected to dominate the market owing to the increasing demand for ball valves
to avoid risks of contamination in various end user industries such as
chemical, food & beverage, water & steam handling, among others. Based
on end user industry, the market can be fragmented into oil & gas, water
& wastewater, building & construction, marine, mining, energy &
power, agriculture, chemical, pharmaceutical and others. The water &
wastewater segment is expected to dominate the market owing to the increasing
water pollution and scarcity of freshwater resources. This has increased the
need to desalinize the salinized water and treat the wastewater to meet the
needs of the population.
The major players operating in the
ball valves market are Flowserve India Controls Private Limited, Kitz
Corporation, Swagelok Company, Curtiss-Wright Corporation, Alfa Laval India
Pvt. Ltd., CIRCOR Flow Technologies India Pvt. Ltd, AVK Valves India Pvt. Ltd.,
Shenco Valves Pvt. Ltd., KHD Valves Automation Pvt. Ltd., GM Engineering Pvt.
Ltd. and others. Major companies are developing advanced technologies and
launching new products to stay competitive in the market. Other competitive
strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and estimate the market size of India
ball valves market from 2015 to 2018.
- To estimate and forecast the market size of India
ball valves market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast India ball valves market
based on type, material, size, end user industry, company and regional
distribution.
- To identify dominant region or segment in the India
ball valves market.
- To identify drivers and challenges for India ball
valves market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
ball valves market.
- To identify and analyze the profile of leading
players operating in India ball valves market.
- To identify key sustainable strategies adopted
by market players in India ball valves market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of India ball valves market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Ball valves manufacturers/
suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to ball valves
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India ball valves market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- India Ball Valves Market, By Type:
- Trunnion Mounted Ball Valves
- Floating Ball Valves
- Rising Stem Ball Valves
- India Ball Valves Market, By Material:
- Stainless Steel
- Cast Iron
- Alloy Based
- Cryogenic
- Others
- India Ball Valves Market, By Size:
- Up To 1”
- 1” to 6”
- 6” to 25”
- 25” to 50”
- Above 50”
- India Ball Valves Market, By End User Industry:
- Oil & Gas
- Water & Wastewater
- Building & Construction
- Marine
- Mining
- Energy & Power
- Agriculture
- Chemical
- Pharmaceutical
- Others
- India Ball
Valves Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India ball valves market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India ball valves market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com