Ball Valve Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Ball Valve Market Report is Segmented by Valve Type (Floating, Trunnion-Mounted, Rising-Stem, Top-Entry, Fully-Welded, Cryogenic), Material (Carbon Steel, Stainless Steel, Cast Iron, and More), Valve Size (Up To 1", 1"-6", 6"-25", and More), Actuation (Manual, Electric, Pneumatic, and More), End-User (Oil & Gas, Chemicals, Water, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Ball Valve Market Size and Share

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Ball Valve Market Analysis by Mordor Intelligence

The Ball valve market reached USD 13.09 billion in 2025 and is forecast to advance at a 3.7% CAGR, lifting revenue to USD 15.69 billion by 2030. The outlook confirms a steady, demand-backed expansion that mirrors the pace of global infrastructure upgrades rather than boom-cycle growth. Widespread liquefied natural gas (LNG) build-outs in Asia, regulatory pressure to cut fugitive emissions in hydrocarbon economies, and accelerated digitalization of water utilities are the principal forces reinforcing long-term valve demand. Project owners are prioritizing component integrity, safety compliance, and low lifetime emissions, which amplifies preference for premium ball valves over lower-cost substitutes. At the same time, supply-chain bottlenecks in specialty forgings and volatile stainless-steel prices are tempering near-term profit margins, especially for mid-tier Asian fabricators.

Key Report Takeaways

  • By valve type, floating ball valves held 27% of Ball valve market share in 2024, while cryogenic designs are on course for a 6.4% CAGR to 2030.
  • By material, carbon steel captured 32% of the Ball valve market share in 2024; alloy-based materials are expanding at a 5.2% CAGR through 2030.
  • By valve size, the 1"–6" class led with 34% share of the Ball valve market size in 2024, whereas units above 50" are poised to grow 6.7% per year to 2030.
  • By actuation, manual devices accounted for 38% share of the Ball valve market size in 2024; electric actuators represent the fastest track at a 6.3% CAGR.
  • By end-user, oil and gas remained the biggest spender with 21% share in 2024; water and wastewater treatment is set to register a 6.1% CAGR to 2030.
  • By region, Asia dominated the Ball valve market with 31% revenue in 2024; the Middle East is projected to pace growth at 5.1% CAGR through 2030.

Segment Analysis

By Valve Type: Cryogenic Applications Drive Innovation

The Ball valve market size for floating designs logged 27% revenue in 2024, driven by their adaptability across refinery, water, and general-purpose services. Cryogenic ball valves, though niche, are rising at a 6.4% CAGR as LNG terminals and hydrogen export hubs demand guaranteed sealing down to –162 °C. End users emphasize zero-leakage seats and blow-out-proof stems validated by helium mass-spectrometer testing, a standard that raises entry barriers and sustains premium price realization.

Additive-manufactured flow paths, now field-proven in subsea pilots, reduce weight and pressure drop in fully welded bodies. Meanwhile, orbit and rising-stem variants preserve seat life where throttling duty would damage conventional floating valves. Together, these developments diversify product portfolios and extend the functional scope, preserving relevance of ball valves even in markets exploring butterfly or plug alternatives.[3]OnePetro, “Egina Deep Water Development: Isolation Barrier Valve Case Study,” onepetro.org

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Note: Segment shares of all individual segments available upon report purchase

By Material: Alloy Innovation Meets Hydrogen Demands

Carbon steel held 32% share of the Ball valve market size in 2024 thanks to its favorable strength-to-cost ratio across pipelines and industrial utilities. Hydrogen projects now favor alloy-based bodies with super-duplex or austenitic grades to resist embrittlement, raising alloy demand at a 5.2% CAGR. Duplex grades also unlock higher allowable pressure ratings, enabling pipeline engineers to downsize schedules and shave capex.

Stainless-steel price volatility pushes OEMs to qualify dual-certified grades that meet both 304L and 316L requirements, streamlining procurement flexibility. Additive manufacturing introduces functionally graded materials where high-nickel matrices reinforce seat zones, while carbon-steel dominates outer shells, optimizing total cost.

By Valve Size: Large Bore Applications Command Premium

1"–6" valves delivered 34% of 2024 revenue yet face modest growth as industrial baseload demand stabilizes. Units above 50" show a 6.7% CAGR as LNG export trains and offshore risers scale diameter to move larger gas volumes. These valves require purpose-built machining centers and deep-hole boring, limiting global supply to fewer than 10 certified workshops.

Weight drives installation economics; thus, designers adopt forged bar sections with finite-element-optimized wall profiles that cut mass without lowering burst rating. Automated phased-array ultrasonic testing has become standard to assure defect-free forgings. The Ball valve market benefits through value-rich orders even if volumes are low compared with mid-size categories.

By Actuation: Electric Systems Gain Smart Integration

Manual gearboxes still dominate the Ball valve market, claiming 38% of 2024 shipments, because they suit applications with minimal cycling and on-site operator presence. Electric-actuated units are advancing at 6.3% CAGR as digital plant architectures require closed-loop control and predictive maintenance. Upgraded firmware now embeds HART, Modbus, and PROFINET in a single board, easing integration with distributed control systems.

Battery-backed solar kits broaden use in remote valve stations, while cloud analytics forecast stem torque trends that signal packing wear. Pneumatic drives retain a niche in explosion-hazard zones; hydraulic cylinders govern rapid-stroke emergency shut-down duty. The net result is a more heterogeneous actuation mix that deepens service revenue potential across the Ball valve industry.

Ball Valve Market: Market Share by By Actuation
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Note: Segment shares of all individual segments available upon report purchase

By End-User Industry: Water Utilities Lead Growth Transition

Oil and gas contributed 21% of 2024 revenue but trails future growth as upstream budgets increasingly diversify into carbon-efficient ventures. Water and wastewater agencies will expand spend at 6.1% CAGR because regulatory targets for non-revenue water force utilities to modernize valves and telemetry. Evidence from Nordic pilot cities shows triple-offset leakage reductions, motivating capital allocations despite tight municipal budgets.

Chemical producers order high-alloy valves for corrosive streams; mining operations weigh premium metal seats against capex limits yet lean toward metal-seated upgrades in isolated sites where downtime is costly. Food, beverage, and pharmaceutical plants specify sanitary internals and traceable alloys, adding documentation-driven value to the Ball valve market.

Geography Analysis

Asia accounted for 31% of Ball valve market revenue in 2024, propelled by Chinese industrial growth and Southeast Asian LNG import terminals. Government policies that mandate cleaner energy mix underpin sustained valve procurement. India’s “Make in India” scheme fosters domestic valve production yet still relies on imported severe-service trims for hydrogen pilots. Japan and South Korea prioritize high-performance alloys for niche chemical processes, maintaining a technology premium in regional trade.

The Middle East is the fastest-growing cluster, projecting 5.1% CAGR to 2030 as operators retrofit low-emission valves in legacy fields and build green-field LNG mega-trains. Qatar’s North Field expansion alone calls for thousands of cryogenic units, while Saudi Aramco deploys smart actuators across gas gathering networks to satisfy methane-intensity goals. Turkey’s transit ambitions also translate into large-bore pipeline valve orders.

North America retains sizable share owing to mid-stream replacement mandates. Shale-gas gathering systems need high-pressure ball valves resistant to acid gases. Canadian oil sands lines demand hard-faced seats to manage bitumen abrasion. Mexico, opening its energy market, imports API 6D-certified valves for export-class pipelines. Climate regulation stimulates adoption of ISO-15848-1 certified products, adding incremental requirements that favor established brands.

Ball Valve Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Industry structure is moderately concentrated. Emerson, Flowserve, and Schlumberger combine wide portfolios, aftermarket presence, and global service bases to anchor premium project awards. Technological differentiation now centers on digital valve twins, advanced alloys, and integrated severe-service packages rather than sheer manufacturing scale.

Acquisition activity reshapes product breadth. Flowserve’s USD 290 million purchase of MOGAS doubled its mining exposure, underscoring a strategy to absorb niche innovators rather than develop in-house flowserve.com. IMI plc secured North Sea anti-surge contracts by pairing additive-manufactured internals with proprietary drag-control trims, highlighting material and flow-path innovation as market levers.

Tier-2 Asian suppliers face cost headwinds because stainless-steel price surges cannot be passed through in fixed-price export tenders. Some move up the value chain by securing ISO-15848-1 certifications and forming alliances with actuator specialists to offer complete packages. Competitive pressure also arises from butterfly and plug manufacturers entering the Ball valve market with compact designs that address HVAC space constraints yet still meet moderate pressure needs.

Ball Valve Industry Leaders

  1. Emerson Electric Co.

  2. Flowserve Corporation

  3. Schlumberger (Cameron)

  4. IMI plc

  5. Kitz Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Ball Valve Market Concentration
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Recent Industry Developments

  • February 2025: Heap and Partners has designed and manufactured 12 of its Phase trunnion ball valves for a Serica Energy maintenance campaign this year at the Bruce Field facilities in the UK North Sea. The 16-inch valves were the largest produced by the company, weighing under four metric tons.
  • February 2025: American Petroleum Institute released the 2025 API Standards International Usage Report highlighting 20% increase in global regulatory references to API standards, with 1,395 total references identified across international laws and regulations. This expansion indicates growing standardization in valve specifications and quality requirements across global markets.
  • January 2025: American Petroleum Institute published first-edition standard API Recommended Practice 697 providing comprehensive guidance for pump inspection and repair, which includes related valve maintenance procedures. The standard aims to enhance safety, reduce emissions, and improve operations in oil and natural gas industry applications.
  • November 2024: Emerson Electric reported 13% increase in net sales to USD 4,619 million for Q4 2024, with strong performance in Final Control segment that includes ball valve products. The company anticipates net sales growth of 3.5% to 5.5% for full year 2025, indicating continued momentum in automation solutions.

Table of Contents for Ball Valve Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Accelerated LNG Infrastructure Expansion in Emerging Asia Pacific
    • 4.2.2 Rising Adoption of Severe-Service Ball Valves in Hydrogen and CCS Projects across Europe
    • 4.2.3 North American Mid-stream Asset Modernization Mandates Driving Replacement Demand
    • 4.2.4 Rapid Digitalization of Water Utilities Spurs Smart Ball Valve Retrofit in Nordics
    • 4.2.5 Surge in FPSO Deployments Boosting Cryogenic Ball Valve Uptake in Brazil and West Africa
    • 4.2.6 Regulatory Push for Low-Emission ("Fugitive-Methane-Free") Valves in the Middle East
  • 4.3 Market Restraints
    • 4.3.1 Prolonged Lead-Times due to Global Forging Capacity Constraints
    • 4.3.2 High Capital Outlay for Metal-Seated Valves in Abrasive Mining Applications
    • 4.3.3 Increasing Preference for Plug and Butterfly Valves in Compact HVAC Systems
    • 4.3.4 Volatile Stainless-Steel Prices Eroding Margins for Tier-2 Asian Manufacturers
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Investment and Funding Analysis

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Valve Type
    • 5.1.1 Floating Ball Valves
    • 5.1.2 Trunnion-Mounted Ball Valves
    • 5.1.3 Rising-Stem / Orbit Ball Valves
    • 5.1.4 Top-Entry Ball Valves
    • 5.1.5 Fully-Welded Ball Valves
    • 5.1.6 Cryogenic Ball Valves
  • 5.2 By Material
    • 5.2.1 Carbon Steel
    • 5.2.2 Stainless Steel
    • 5.2.3 Cast Iron / Ductile Iron
    • 5.2.4 Alloy-Based (Duplex, Inconel, Hastelloy)
    • 5.2.5 Bronze and Brass
    • 5.2.6 Other Materials
  • 5.3 By Valve Size
    • 5.3.1 Up to 1" (DN 25)
    • 5.3.2 1" - 6"
    • 5.3.3 6 " - 25"
    • 5.3.4 25" - 50"
    • 5.3.5 Above 50"
  • 5.4 By Actuation
    • 5.4.1 Manual
    • 5.4.2 Electric
    • 5.4.3 Pneumatic
    • 5.4.4 Hydraulic
    • 5.4.5 Electro-Hydraulic
  • 5.5 By End-User Industry
    • 5.5.1 Oil and Gas
    • 5.5.2 Chemicals and Petrochemicals
    • 5.5.3 Water and Wastewater
    • 5.5.4 Power Generation
    • 5.5.5 Mining and Metals
    • 5.5.6 Food and Beverage
    • 5.5.7 Pharmaceuticals and Biotechnology
    • 5.5.8 HVAC and Refrigeration
    • 5.5.9 Pulp and Paper
    • 5.5.10 Other Industries
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 United Kingdom
    • 5.6.2.2 Germany
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 India
    • 5.6.3.4 South Korea
    • 5.6.3.5 Rest of Asia-Pacific
    • 5.6.4 Middle East
    • 5.6.4.1 Israel
    • 5.6.4.2 Saudi Arabia
    • 5.6.4.3 United Arab Emirates
    • 5.6.4.4 Turkey
    • 5.6.4.5 Rest of Middle East
    • 5.6.5 Africa
    • 5.6.5.1 South Africa
    • 5.6.5.2 Egypt
    • 5.6.5.3 Rest of Africa
    • 5.6.6 South America
    • 5.6.6.1 Brazil
    • 5.6.6.2 Argentina
    • 5.6.6.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Emerson Electric Co.
    • 6.4.2 Flowserve Corporation
    • 6.4.3 Schlumberger (Cameron)
    • 6.4.4 IMI plc
    • 6.4.5 Kitz Corporation
    • 6.4.6 Crane Co.
    • 6.4.7 Baker Hughes (Valves and Process Solutions)
    • 6.4.8 Honeywell International Inc.
    • 6.4.9 Alfa Laval AB
    • 6.4.10 Curtiss-Wright Corporation
    • 6.4.11 SAMSON AG
    • 6.4.12 Velan Inc.
    • 6.4.13 CIRCOR International Inc.
    • 6.4.14 AVK Holding
    • 6.4.15 Mueller Water Products Inc.
    • 6.4.16 Neway Valve Co., Ltd.
    • 6.4.17 Bonney Forge Corp.
    • 6.4.18 Metso Corporation (Valmet)
    • 6.4.19 Hitachi Ltd.
    • 6.4.20 Valvitalia S.p.A.
    • 6.4.21 Georg Fischer Ltd.
    • 6.4.22 Danfoss A/S
    • 6.4.23 Castel SRL
    • 6.4.24 Sanhua Holding Group

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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Global Ball Valve Market Report Scope

The ball valve is a spherical closure device that controls the flow and pressure of liquids and gases within a system. These quarter-turn valves use a hollow, perforated, and pivoting ball to control flow through it.

The ball valve market is segmented by material (cast iron, steel, alloy-based), end-user industry (oil and gas, chemicals, water and wastewater, power, food and beverage, pharmaceuticals), and geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa).

The market sizes and predictions are provided in terms of value in USD for all the above segments.

By Valve Type Floating Ball Valves
Trunnion-Mounted Ball Valves
Rising-Stem / Orbit Ball Valves
Top-Entry Ball Valves
Fully-Welded Ball Valves
Cryogenic Ball Valves
By Material Carbon Steel
Stainless Steel
Cast Iron / Ductile Iron
Alloy-Based (Duplex, Inconel, Hastelloy)
Bronze and Brass
Other Materials
By Valve Size Up to 1" (DN 25)
1" - 6"
6 " - 25"
25" - 50"
Above 50"
By Actuation Manual
Electric
Pneumatic
Hydraulic
Electro-Hydraulic
By End-User Industry Oil and Gas
Chemicals and Petrochemicals
Water and Wastewater
Power Generation
Mining and Metals
Food and Beverage
Pharmaceuticals and Biotechnology
HVAC and Refrigeration
Pulp and Paper
Other Industries
By Geography North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East Israel
Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
South America Brazil
Argentina
Rest of South America
By Valve Type
Floating Ball Valves
Trunnion-Mounted Ball Valves
Rising-Stem / Orbit Ball Valves
Top-Entry Ball Valves
Fully-Welded Ball Valves
Cryogenic Ball Valves
By Material
Carbon Steel
Stainless Steel
Cast Iron / Ductile Iron
Alloy-Based (Duplex, Inconel, Hastelloy)
Bronze and Brass
Other Materials
By Valve Size
Up to 1" (DN 25)
1" - 6"
6 " - 25"
25" - 50"
Above 50"
By Actuation
Manual
Electric
Pneumatic
Hydraulic
Electro-Hydraulic
By End-User Industry
Oil and Gas
Chemicals and Petrochemicals
Water and Wastewater
Power Generation
Mining and Metals
Food and Beverage
Pharmaceuticals and Biotechnology
HVAC and Refrigeration
Pulp and Paper
Other Industries
By Geography
North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East Israel
Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current Ball valve market size and projected growth?

The market stands at USD 13.09 billion in 2025 and is estimated to reach USD 15.69 billion by 2030, reflecting a 3.7% CAGR.

Which region leads the Ball valve market?

Asia accounts for 31% of 2024 revenue, supported by industrial expansion in China and new LNG terminals across Southeast Asia.

Which valve type is growing fastest?

Cryogenic ball valves show the highest growth trajectory at 6.4% CAGR through 2030 due to LNG and hydrogen demand.

Why are electric actuators gaining share?

Plant digitalization drives demand for remote monitoring and predictive maintenance, causing electric-actuated valves to expand at 6.3% CAGR.

How are forging shortages affecting the market?

Limited forging capacity has doubled delivery lead times for large-diameter and specialty-alloy valves, prompting some buyers to consider alternative valve types.

What is driving Ball valve adoption in water utilities?

Nordic utilities cut leakage rates by installing smart, IoT-enabled ball valves, stimulating global interest in digital retrofits that improve water-network efficiency.

Page last updated on: July 8, 2025

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