Ball Valve Market 2017 – Current Study Including Growth Factors, Regional Analysis, Key Players and Forecasts to 202528 Dec 2017
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One of major driving factor surging the growth of ball valve is high growth in industries such as oil & gas, power, mining, chemical, refining. Increasing urbanization in developing economy results in increased demand for oil & gas supply. Ball valves are also used in fire safety system, ships and nuclear power generation etc. In addition to this there are several other factors driving the market for ball valve are affordability, efficiency, durability, easy to use, versatile, easy to use and simple to repair. However, the factors hindering the growth of ball valve market are poor throttling characteristic and wear & tear. Increasing demand for industrialization, manufacturing industry is expected to boost the market over the forecasted period.
Ball Valve Key Players:
Cameron Schlumberger Inc.
Curtiss Wright Corporation
Emerson Electric Co
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