High Pressure Forged Steel Ball Valve Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 2.8 Billion by 2033.
In 2022, the global high pressure forged steel ball valve market was valued at approximately USD 3.5 billion, with a compound annual growth rate (CAGR) of around 4.5% projected over the forecast period. The Asia Pacific region emerged as the dominant contributor, accounting for 40% of the market share, driven by rapid industrialization and infrastructure development in countries like China, India, and Japan. North America followed, holding a 25% share, supported by a well established oil and gas industry and significant investments in infrastructure. Europe contributed 20%, with its focus on renewable energy and stringent environmental regulations fostering demand. Latin America and the Middle East & Africa held smaller shares of 5% and 10%, respectively, with growth in these regions spurred by expanding industrial activities and infrastructure projects. Opportunities in the market are particularly notable in emerging economies, where increasing investments in infrastructure projects are driving the adoption of high pressure forged steel ball valves in critical applications such as power generation and chemical processing. The aerospace segment is projected to grow at the fastest rate during the forecast period, driven by increasing demand for precision valves in advanced aircraft systems. Additionally, advancements in valve manufacturing technologies and a shift towards automation and energy efficient solutions are expected to further propel market growth.
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ROSSBOAG VALVE
Emerson
Flowserve
VTON
Bonney Forge
Valves Only Europe
KITZ Corporation
KPL Valve
Valtorc International
Sichuan Feiqiu Group
Xintai Valve Group
U-Technology Group
CHLG LIANG GONG VALVE GROUP
MVS Valves
Hyper Valves
Mettle Valves Mfg
Kavaata Valves
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global High Pressure Forged Steel Ball Valve Market
Floating Ball Valve
Trunnion Mounted Ball Valve
Flanged Connection
Butt Weld Connection
Screwed Connection
Socket Weld Connection
Less than 1 inch
1 inch to 2 inches
2 inches to 4 inches
More than 4 inches
Oil and Gas Industry
Water and Wastewater Treatment
Power Generation
Chemical Industry
Pulp and Paper Industry
Industrial
Commercial
Aerospace
Automotive
Pharmaceuticals
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global High Pressure Forged Steel Ball Valve Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global High Pressure Forged Steel Ball Valve Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global High Pressure Forged Steel Ball Valve Market, By Type
6. Global High Pressure Forged Steel Ball Valve Market, By Application
7. Global High Pressure Forged Steel Ball Valve Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global High Pressure Forged Steel Ball Valve Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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