트러니언 및 플로팅 볼 밸브 시장 : 재료, 밸브 사이즈, 밸브 정격, 압력 정격, API 규격, 용도별 예측(-2032년)

Global Trunnion and Floating Ball Valves Market Research Report Information , by Material (Carbon Steel, Stainless Steel, Alloy Steel, Cast Iron, Others), by Valve Size (Up To 2 Inches, 3 Inches-12 Inches, 13-48 Inches, More Than 48 Inches), by Valve Rating (Under Class 50, Class 50 To Class 150, Class 300 To Class 600, Class 900 To Class 1500, More Than Class 1500), by Pressure Rating (Below 2,000 PSI, 2,000 PSI To 5,000 PSI, 5,000 PSI To 10,000 PSI, 10,000 PSI To 15,000 PSI, 15,000 PSI To 20,000 PSI), by API Standard (API 6D Valves, API 6D Valves, Others), by Application (Cryogenic Pipelines, Gas Pipelines, SPS (Subsea Production Systems), CCUS (Carbon Capture, Utilization, And Storage), Onshore, Offshore, Others) -Market Forecast Till 2032

Market Overview

In 2023, the market for trunnion and floating ball valves was estimated to be worth USD 9,333.88 million. The Global Trunnion and Floating Ball Valves industry is expected to increase from USD 9,738.13 million in 2024 to USD 14,602.90 million by 2032, with a compound yearly growth rate (CAGR) of 5.20% over the forecast period.

Several main variables influence the worldwide trunnion and floating ball valve market. The constant expansion of the oil and gas industry, particularly in North America, the Middle East, and Asia-Pacific, is driving up demand for these valves in a variety of applications such as extraction, refining, and transportation. Furthermore, severe safety requirements and the demand for dependable valve solutions in crucial processes drive market expansion. Furthermore, technical improvements in valve design and materials targeted at improving performance, durability, and efficiency present attractive prospects for the Trunnion and Floating Ball Valves Market over the forecast period.

The growing demand for trunnion and floating ball valves in the global market is being driven by increased activity in the oil and gas exploration sector. The spike in demand can be linked to several causes, each of which has a significant impact on the market. Continuous exploration and production activities in both conventional and unconventional oil and gas sources necessitate the need for dependable and efficient valve solutions.

Market Segment insights

The trunnion and floating ball valves market is segmented by type, which comprises trunnion-mounted ball valves and floating ball valves.

The trunnion and floating ball valves market is divided into the following material segments: carbon steel, stainless steel, alloy steel, cast iron, and others.

Based on valve size, the Trunnion and Floating Ball Valves Market is split into the following segments: Up to 2 inches; 3 inches to 12 inches; 13 to 48 inches; and more than 48 inches.

The trunnion and floating ball valves market is divided into the following material categories: under class 50, class 50 to class 150, class 300 to class 600, class 900 to class 1500, and more than class 1500.

The trunnion and floating ball valves market is divided into the following pressure ratings: below 2,000 psi, 2,000 psi to 5,000 psi, 5,000 psi to 10,000 psi, 10,000 psi to 15,000 psi, and 15,000 psi to 20,000 psi.

The trunnion and floating ball valves market is divided into three groups based on API standard: API 6A Valves, API 6D Valves, and Other.

The API standard divides the trunnion and floating ball valves market into the following segments: cryogenic pipelines, gas pipelines, SPS (subsea production systems), CCUS (carbon capture, utilization, and storage), onshore, offshore, and others.

Regional insights

The Trunnion and Floating Ball Valves Market is segmented by region: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The Asia Pacific region encompasses China, India, Japan, South Korea, and the rest of Asia Pacific. China, as the world's largest manufacturing hub, dominates the Asia-Pacific market, investing heavily in infrastructure, oil and gas exploration, and the petrochemical industry.

The countries of North America include the United States, Canada, and Mexico. Several factors drive the North American Trunnion and Floating Ball Valves market, including technical developments, severe industry regulations, and rising demand from end-user sectors such as oil and gas, petrochemicals, and power generation.

Major European countries such as Germany, France, the United Kingdom, Italy, and Spain have a significant impact on market dynamics. Germany is a key player in the European trunnion and floating ball valve market. With its strong industrial foundation, the country has a high demand for these valves in a variety of industries, including oil and gas, chemicals, and wastewater treatment.

Key Market Players

Emerson Electric Co., Kitz Corporation, Neway Valves Co. Ltd., Flowserve, OMS Saleri, Della Foglia, Valvitalia, Dafram, OMB, and GWC are some of the main competitors in the Trunnion and Floating Ball Valves Market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

• 2.1 DEFINITION
• 2.2 SCOPE OF THE STUDY
• 2.3 RESEARCH OBJECTIVE
• 2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

• 3.1 OVERVIEW
• 3.2 DATA FLOW
  • 3.2.1 Data Mining Process
• 3.3 PURCHASED DATABASE:
• 3.4 SECONDARY SOURCES:
  • 3.4.1 Secondary Research data flow:
• 3.5 PRIMARY RESEARCH:
  • 3.5.1 Primary Research DATA FLOW:
  • 3.5.2 Primary Research: Number of Interviews conducted
  • 3.5.3 Primary Research: Regional Coverage
• 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
  • 3.6.1 Revenue Analysis Approach
• 3.7 DATA FORECASTING
  • 3.7.1 Data forecasting Technique
• 3.8 DATA MODELING
  • 3.8.1 microeconomic factor analysis:
  • 3.8.2 Data modeling:
• 3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

• 4.1 INTRODUCTION
• 4.2 DRIVERS
  • 4.2.1 Increasing demand in oil and gas exploration activities
  • 4.2.2 Rising adoption in chemical and petrochemical industries
  • 4.2.3 Driver impact Analysis
• 4.3 RESTRAINTS
  • 4.3.1 Fluctuating raw material prices impact profit margins
  • 4.3.2 Volatility in energy prices impacts investment in valve projects
  • 4.3.3 Restraint Impact Analysis
• 4.4 OPPORTUNITY
  • 4.4.1 Technological advancements enhancing valve efficiency and reliability
• 4.5 COVID-19 IMPACT ANALYSIS
  • 4.5.1 Impact on Overall Industrial Automotive Electronics industry
    • 4.5.1.1 Economic Impact
  • 4.5.2 Impact on Supply Chain of Trunnion and Floating Ball Valves
    • 4.5.2.1 Price Variation of Key Raw Materials
    • 4.5.2.2 Production Shutdown
    • 4.5.2.3 Cash Flow Constraints
    • 4.5.2.4 Impact on Import/Export
  • 4.5.3 Impact on Market Demand of Trunnion and Floating Ball Valves
    • 4.5.3.1 Impact due to restrictions/lockdown
    • 4.5.3.2 Consumer Sentiments
  • 4.5.4 Impact on Pricing of Trunnion and Floating Ball Valves
  • 4.5.5 Analysis on Various API Standard Compliances

5 MARKET FACTOR ANALYSIS

• 5.1 PORTER'S FIVE FORCES MODEL
  • 5.1.1 THREAT OF NEW ENTRANTS
  • 5.1.2 BARGAINING POWER OF SUPPLIERS
  • 5.1.3 BARGAINING POWER OF BUYERS
  • 5.1.4 THREAT OF SUBSTITUTES
  • 5.1.5 Intensity of RIVALRY
• 5.2 SUPPLY CHAIN ANALYSIS
  • 5.2.1 RAW MATERIAL
  • 5.2.2 Valve Manufacturing
  • 5.2.3 Distribution and Logistics
  • 5.2.4 Installation and Maintenance Services

6 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY TYPE

• 6.1 OVERVIEW
• 6.2 TRUNNION-MOUNTED BALL VALVES
• 6.3 FLOATING BALL VALVES

7 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY MATERIAL

• 7.1 OVERVIEW
• 7.2 CARBON STEEL
• 7.3 STAINLESS STEEL
• 7.4 ALLOY STEEL
• 7.5 CAST IRON
• 7.6 OTHERS

8 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY VALVE SIZE

• 8.1 OVERVIEW
• 8.2 UP TO 2 INCHES
• 8.3 3 INCHES-12 INCHES
• 8.4 13-48 INCHES
• 8.5 MORE THAN 48 INCHES

9 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY VALVE RATING

• 9.1 OVERVIEW
• 9.2 UNDER CLASS
• 9.3 CLASS 50 TO CLASS
• 9.4 CLASS 300 TO CLASS
• 9.5 CLASS 900 TO CLASS
• 9.6 MORE THAN CLASS

10 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY PRESSURE RATING

• 10.1 OVERVIEW
• 10.2 BELOW 2,000 PSI
• 10.3 2,000 PSI TO 5,000 PSI
• 10.4 5,000 PSI TO 10,000 PSI
• 10.5 10,000 PSI TO 15,000 PSI
• 10.6 15,000 PSI TO 20,000 PSI

11 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY API STANDARD

• 11.1 OVERVIEW
• 11.2 API 6A VALVES
• 11.3 API 6D VALVES
• 11.4 OTHERS

12 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY APPLICATION

• 12.1 OVERVIEW
• 12.2 CRYOGENIC PIPELINES
• 12.3 GAS PIPELINES
• 12.4 SPS (SUBSEA PRODUCTION SYSTEMS)
• 12.5 CCUS (CARBON CAPTURE, UTILIZATION, AND STORAGE)
• 12.6 ONSHORE
• 12.7 OFFSHORE
• 12.8 OTHERS

13 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, BY REGION

• 13.1 OVERVIEW
  • 13.1.1 GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET, by Region, 2019-2032
• 13.2 NORTH AMERICA
  • 13.2.1 NORTH AMERICA: TRUNNION AND FLOATING BALL VALVES MARKET, by Country, 2019-2032
• 13.3 EUROPE
  • 13.3.1 europe: TRUNNION AND FLOATING BALL VALVES MARKET, by Country, 2019-2032
• 13.4 ASIA PACIFIC
  • 13.4.1 asia pacific: TRUNNION AND FLOATING BALL VALVES MARKET, by Country, 2019-2032
• 13.5 MIDDLE EAST & AFRICA
  • 13.5.1 Middle East & Africa: TRUNNION AND FLOATING BALL VALVES MARKET, by Country, 2019-2032
• 13.6 SOUTH AMERICA
  • 13.6.1 South America: TRUNNION AND FLOATING BALL VALVES MARKET, by Country, 2019-2032

14 COMPETITIVE LANDSCAPE

• 14.1 COMPETITIVE OVERVIEW
• 14.2 MAJOR PLAYERS IN THE GLOBAL TRUNNION AND FLOATING BALL VALVES MARKET
• 14.3 COMPETITIVE BENCHMARKING

15 COMPANY PROFILES

• 15.1 EMERSON ELECTRIC CO
  • 15.1.1 Company Overview
  • 15.1.2 Financial Overview
  • 15.1.3 FINANCIAL OVERVIEW
  • 15.1.4 Products/Services Offered
  • 15.1.5 KEY DEVELOPMENTS
  • 15.1.6 SWOT Analysis
  • 15.1.7 Key Strategies
• 15.2 KITZ CORPORATION
  • 15.2.1 COMPANY OVERVIEW
  • 15.2.2 FINANCIAL OVERVIEW
  • 15.2.3 PRODUCTS OFFERED
  • 15.2.4 KEY DEVELOPMENTS
  • 15.2.5 SWOT ANALYSIS
  • 15.2.6 KEY STRATEGIES
• 15.3 NEWAY VALVES CO. LTD.
  • 15.3.1 COMPANY OVERVIEW
  • 15.3.2 FINANCIAL OVERVIEW
  • 15.3.3 PRODUCTS OFFERED
  • 15.3.4 KEY DEVELOPMENTS
  • 15.3.5 SWOT ANALYSIS
  • 15.3.6 KEY STRATEGIES
• 15.4 FLOWSERVE
  • 15.4.1 COMPANY OVERVIEW
  • 15.4.2 FINANCIAL OVERVIEW
  • 15.4.3 PRODUCTS OFFERED
  • 15.4.4 Key Developments
  • 15.4.5 SWOT ANALYSIS
  • 15.4.6 KEY STRATEGIES
• 15.5 OMS SALERI
  • 15.5.1 COMPANY OVERVIEW
  • 15.5.2 FINANCIAL OVERVIEW
  • 15.5.3 PRODUCTS OFFERED
  • 15.5.4 KEY DEVELOPMENTS
  • 15.5.5 SWOT ANALYSIS
  • 15.5.6 KEY STRATEGIES
• 15.6 DELLA FOGLIA
  • 15.6.1 COMPANY OVERVIEW
  • 15.6.2 FINANCIAL OVERVIEW
  • 15.6.3 PRODUCTS OFFERED
  • 15.6.4 KEY DEVELOPMENTS
  • 15.6.5 SWOT ANALYSIS
  • 15.6.6 KEY STRATEGIES
• 15.7 VALVITALIA
  • 15.7.1 Company Overview
  • 15.7.2 FINANCIAL OVERVIEW
  • 15.7.3 Products/Services Offered
  • 15.7.4 KEY DEVELOPMENTS
  • 15.7.5 SWOT Analysis
  • 15.7.6 Key Strategies
• 15.8 DAFRAM
  • 15.8.1 COMPANY OVERVIEW
  • 15.8.2 FINANCIAL OVERVIEW
  • 15.8.3 PRODUCTS OFFERED
  • 15.8.4 KEY DEVELOPMENTS
  • 15.8.5 SWOT ANALYSIS
  • 15.8.6 KEY STRATEGIES
• 15.9 OMB
  • 15.9.1 COMPANY OVERVIEW
  • 15.9.2 FINANCIAL OVERVIEW
  • 15.9.3 PRODUCTS OFFERED
  • 15.9.4 KEY DEVELOPMENTS
  • 15.9.5 SWOT ANALYSIS
  • 15.9.6 KEY STRATEGIES
• 15.10 GWC
  • 15.10.1 COMPANY OVERVIEW
  • 15.10.2 FINANCIAL OVERVIEW
  • 15.10.3 PRODUCTS OFFERED
  • 15.10.4 KEY DEVELOPMENTS
  • 15.10.5 SWOT ANALYSIS
  • 15.10.6 KEY STRATEGIES
• 15.11 PERAR
  • 15.11.1 COMPANY OVERVIEW
  • 15.11.2 FINANCIAL OVERVIEW
  • 15.11.3 PRODUCTS OFFERED
  • 15.11.4 KEY DEVELOPMENTS
  • 15.11.5 SWOT ANALYSIS
  • 15.11.6 KEY STRATEGIES
• 15.12 WARREN VALVES
  • 15.12.1 COMPANY OVERVIEW
  • 15.12.2 FINANCIAL OVERVIEW
  • 15.12.3 PRODUCTS OFFERED
  • 15.12.4 KEY DEVELOPMENTS
  • 15.12.5 SWOT ANALYSIS
  • 15.12.6 KEY STRATEGIES

16 APPENDIX

• 16.1 REFERENCES