Global Ball Valves Market was valued US$ 10.3Bn in 2017 and is estimated to reach US$ 13.9Bn by 2026 at a CAGR of 3.82%.
Ball valves are a spherical closure unit, which enables on and off control of flow. Two way ball valves are considered to be the most common and highly used ball valves. The global ball valve market, ball valves are being used in various sectors such as aerospace & defence, oil, and gas industry and between them. Demand for industrialization is a rise in developing economies, so is the need for ball valves. This factor is estimated to drive the growth of the global ball valves market. In the recent past, a concept known as (IoT) Internet of Things for customized products has emerged.
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