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City of Industry, CA -- (SBWIRE) -- 06/29/2018 -- This report studies the global Ceramic Ball Valve market status and forecast, categorizes the global Ceramic Ball Valve market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
A ball valve is a device with a spherical closure unit that provides on/off control of flow. The sphere has a port, also known as a bore, through the center. When the valve is positioned such that the bore is aligned in the same direction as the pipeline, it is in open position and fluid can flow through it. When rotated 90 degrees, the bore becomes perpendicular to the flow path, meaning the valve is closed and the fluid cannot pass through.
For industry structure analysis, the Ceramic Ball Valve industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 55 % of the revenue market.
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China occupied 28.05% of the sales market in 2016. It is followed by USA and Europe, which respectively account for around 20.55% and 17.69% of the global total industry. Other countries have a smaller amount of sales market share.
For price trend analysis, a key variable in the performance of Ceramic Ball Valve producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
For forecast, the global Ceramic Ball Valve revenue would keep increasing with annual growth rate with 2~6%. We tend to believe that this industry still has a good future, considering the current demand of Ceramic Ball Valve.
The global Ceramic Ball Valve market is valued at 81 million US$ in 2017 and will reach 110 million US$ by the end of 2025, growing at a CAGR of 3.9% during 2018-2025.
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