Market Share of Ball Valve Industry
The ball valve market is fragmented and consists of several players, with no group currently holding a major share in the market. The companies are engaging in mergers and acquisitions to increase their expertise in the product. The market is viewed as a lucrative investment opportunity due to its wide consumer base. Some key market players include Flowserve Corporation, Alfa Laval, Crane Co., Honeywell International Inc., etc.
In November 2022, Klinger Fluid Control launched a more robust ball valve, Monoball KHO. According to the company, this valve has a neatly cast housing that can absorb even more force than the previous model. Furthermore, these valves are available in various models and with threads or flanges that can be adapted to customer requirements.
In November 2022, Danfoss launched its new discharge solution for oil-free systems. According to the company, these new check and stop valves incorporate a damped nozzle check valve, stop valves, and diffuser function to address the application requirements. Furthermore, the decoupled stop and check functions of the system allow fast access and improve the reliability of sealing, while the lock ring design prevents unintentional ball valve closes.
Ball Valve Market Leaders
ALFA LAVAL
Crane Co.
Flowserve Corporation
Emerson Electric Co.
HONEYWELL INTERNATIONAL INC.
*Disclaimer: Major Players sorted in no particular order
