North America Industrial Ball Valves Market Size and Forecast (2021

Description

List of Tables

The North America Industrial Ball Valves Market size is projected to reach US$ 4,151.5 Million by 2034, rising from US$ 3,215.6 Million in 2025. The market is expected to register a CAGR of 2.9% between 2026 and 2034.

Executive Summary and North America Industrial Ball Valves Market Analysis:

The North American industrial ball valves market is primarily supported by ongoing development, replacement, and modernization activities across the oil and gas, chemical, petrochemical, and water treatment sectors. Increasing investments in energy infrastructure in the US and Canada are generating demand for robust valve solutions capable of operating under high pressure, elevated temperatures, and corrosive operating conditions. At the same time, stringent environmental and safety requirements are encouraging industrial facilities to deploy dependable flow-control equipment that improves process reliability and efficiency.

The growing integration of automation, digital technologies, and connected equipment within process industries is also creating opportunities for advanced ball valves equipped with IoT-enabled sensors, condition monitoring, and remote-control capabilities. In addition, the continued development of shale oil and gas resources has increased the requirement for efficient flow-control systems throughout pipelines, gathering networks, processing plants, and refineries.

North America's strong energy production base remains a major contributor to regional demand. According to the US Energy Information Administration, US crude oil production reached 13.6 million barrels per day in July 2025, establishing a new record. Continued upstream activity at this scale supports the need for reliable flow-control equipment across extraction, transportation, storage, and refining operations. As energy infrastructure expands, industrial ball valves are increasingly required to provide dependable isolation and flow management.

Manufacturers are also emphasizing research and development to improve valve performance through advanced alloys, protective coatings, sealing technologies, and corrosion-resistant materials. These developments help extend service life, reduce maintenance requirements, and satisfy increasingly demanding safety and performance standards. Together, energy investment, infrastructure modernization, automation, and technological advancement are reinforcing North America's position as an important market for industrial ball valves.

Strategic Insights

North America Industrial Ball Valves Market Segmentation Analysis:

By Type, the North America Industrial Ball Valves Market is segmented into Fully Welded, Top Entry, and Side Entry. The Side Entry segment dominated the market in 2025.

By Size, the North America Industrial Ball Valves Market is segmented into Upto 5 Inches, 6-15 Inches, 16-24 Inches, and Above 25 Inches. The Upto 5 Inches segment dominated the market in 2025.

By Class, the North America Industrial Ball Valves Market is segmented into 150, 300, 400, 600, 800, 900, 1500, and 2500. The 150 segment dominated the market in 2025.

By Industry, the North America Industrial Ball Valves Market is segmented into Oil and Gas, LNG, Water Treatment, Power and Energy, Chemical and Petrochemical, and Others. The Oil and Gas segment dominated the market in 2025.

Market Report Scope

North America Industrial Ball Valves Market Outlook

Industrial ball valves play an important role throughout upstream, midstream, and downstream oil and gas operations. Growing global energy consumption, supported by population expansion, urban development, and industrial activity, is encouraging continued investment in exploration, production, transportation, and processing infrastructure. Offshore and deepwater projects in particular require highly reliable flow-control equipment capable of maintaining performance under demanding pressure and temperature conditions. Ball valves are widely utilized in these applications because they provide tight shutoff, dependable isolation, durability, and relatively low maintenance requirements.

According to the Canadian Association of Petroleum Producers (CAPP), Canada ranks among the world's leading producers of crude oil and natural gas. The country's substantial production capacity and ongoing infrastructure development support demand for equipment used throughout the energy value chain. Industrial ball valves are essential for managing fluid movement, isolating equipment, maintaining safe operations, and improving process efficiency across extraction and transportation networks.

The International Energy Agency has also projected continued growth in global crude oil production capacity through 2030, supported by upstream developments, petrochemical activity, and investments in midstream infrastructure. This anticipated expansion is expected to sustain demand for industrial valves used for flow regulation, emergency isolation, and process control.

Pipeline networks represent another major application area. Ball valves enable operators to control and isolate sections of pipelines quickly, supporting operational safety and minimizing the impact of potential leaks or equipment failures. Meanwhile, investments in refineries and petrochemical facilities are increasing demand for valves capable of handling aggressive chemicals, gases, and other challenging process fluids.

The continued expansion, replacement, and modernization of oil and gas infrastructure therefore remain key factors supporting industrial ball valve demand. As energy companies prioritize safety, reliability, automation, and operating efficiency, advanced valve technologies are expected to remain essential across multiple stages of the energy supply chain.

North America Industrial Ball Valves Market Country Insights

By country, the North America Industrial Ball Valves Market is segmented into the United States, Canada, and Mexico. The United States held the largest share in 2025.

The US industrial ball valve market is benefiting from substantial investment in water and wastewater infrastructure modernization. New Jersey American Water, for example, allocated more than US$ 781 million toward water and wastewater infrastructure improvements in 2025, compared with approximately US$ 520 million in 2024. The increased spending reflects the growing need to upgrade aging systems and maintain dependable water services across numerous communities.

Such infrastructure programs create opportunities for industrial ball valve suppliers because modern water and wastewater networks require durable flow-control equipment for distribution, treatment, isolation, and maintenance applications. The emphasis on reducing leakage, improving system reliability, increasing operational efficiency, and ensuring safe water delivery is encouraging utilities to replace aging equipment with more dependable valve technologies.

As investment in municipal water systems continues, demand for efficient and long-lasting flow-control solutions is expected to increase. Industrial ball valves are consequently positioned as an important component of ongoing water infrastructure modernization across the United States.

North America Industrial Ball Valves Market Company Profiles

Some of the key companies operating in the market include Emerson Electric Co, SLB Limited, Spirax Group plc, Circor International Inc, Flowserve Corp, Velan Inc, The Weir Group PLC, Crane Co, Neway Valve (Suzhou) Co., Ltd, and KITZ Corporation.

These market participants are implementing strategies such as capacity expansion, geographic development, product innovation, strategic partnerships, and mergers and acquisitions to strengthen their competitive positions, introduce advanced valve solutions, broaden their customer base, and increase their overall market share.

Product Code: TIPRE00043981

1. Executive Summary

1.1 Analyst Market Outlook

2. Global Industrial Ball Valves Market Landscape

2.1 Overview
2.2 Value Chain Analysis
2.3 Supply Chain Analysis
- 2.3.1 List of Manufacturers/Suppliers
- 2.3.2 List of Potential Customers (Upto 50)
2.4 Porter's Five Forces Analysis
2.5 PEST Analysis

3. Competitive Landscape

3.1 Company Benchmarking by Key Players
3.2 Market Share Analysis, 2025 - By Key Players
3.3 Market Concentration

4. North America Industrial Ball Valves Market - Key Industry Dynamics

4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Future Trends
4.5 Impact of Drivers and Restraints:

5. Industrial Ball Valves Market - North America Analysis

5.1 North America Industrial Ball Valves Market Revenue (US$ Million), 2021 - 2034
5.2 North America Industrial Ball Valves Market Revenue Forecast and Analysis

6. North America Industrial Ball Valves Market Revenue Analysis - by Type

6.1 North America Industrial Ball Valves Market Forecast and Analysis by Type
- 6.1.1 Fully Welded
  - 6.1.1.1 Overview
  - 6.1.1.2 Fully Welded: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 6.1.2 Top Entry
  - 6.1.2.1 Overview
  - 6.1.2.2 Top Entry: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 6.1.3 Side Entry
  - 6.1.3.1 Overview
  - 6.1.3.2 Side Entry: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

7. North America Industrial Ball Valves Market Revenue Analysis - by Size

7.1 North America Industrial Ball Valves Market Forecast and Analysis by Size
- 7.1.1 Upto 5 Inches
  - 7.1.1.1 Overview
  - 7.1.1.2 Upto 5 Inches: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.2 6-15 Inches
  - 7.1.2.1 Overview
  - 7.1.2.2 6-15 Inches: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.3 16-24 Inches
  - 7.1.3.1 Overview
  - 7.1.3.2 16-24 Inches: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.4 Above 25 Inches
  - 7.1.4.1 Overview
  - 7.1.4.2 Above 25 Inches: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

8. North America Industrial Ball Valves Market Revenue Analysis - by Class

8.1 North America Industrial Ball Valves Market Forecast and Analysis by Class
- 8.1.1 150
  - 8.1.1.1 Overview
  - 8.1.1.2 150: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.2 300
  - 8.1.2.1 Overview
  - 8.1.2.2 300: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.3 400
  - 8.1.3.1 Overview
  - 8.1.3.2 400: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.4 600
  - 8.1.4.1 Overview
  - 8.1.4.2 600: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.5 800
  - 8.1.5.1 Overview
  - 8.1.5.2 800: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.6 900
  - 8.1.6.1 Overview
  - 8.1.6.2 900: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.7 1500
  - 8.1.7.1 Overview
  - 8.1.7.2 1500: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.8 2500
  - 8.1.8.1 Overview
  - 8.1.8.2 2500: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

9. North America Industrial Ball Valves Market Revenue Analysis - by Industry

9.1 North America Industrial Ball Valves Market Forecast and Analysis by Industry
- 9.1.1 Oil and Gas
  - 9.1.1.1 Overview
  - 9.1.1.2 Oil and Gas: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.2 LNG
  - 9.1.2.1 Overview
  - 9.1.2.2 LNG: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.3 Water Treatment
  - 9.1.3.1 Overview
  - 9.1.3.2 Water Treatment: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.4 Power and Energy
  - 9.1.4.1 Overview
  - 9.1.4.2 Power and Energy: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.5 Chemical and Petrochemical
  - 9.1.5.1 Overview
  - 9.1.5.2 Chemical and Petrochemical: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.6 Others
  - 9.1.6.1 Overview
  - 9.1.6.2 Others: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

10. North America Industrial Ball Valves Market - Country Analysis

10.1 North America
- 10.1.1 North America Industrial Ball Valves Market Forecast and Analysis - by Country
  - 10.1.1.1 United States Market
    - 10.1.1.1.1 United States: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 10.1.1.1.2 United States: North America Industrial Ball Valves Market - By Segmentation
      - 10.1.1.1.2.1 Type
      - 10.1.1.1.2.2 Size
      - 10.1.1.1.2.3 Class
      - 10.1.1.1.2.4 Industry
  - 10.1.1.2 Canada Market
    - 10.1.1.2.1 Canada: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 10.1.1.2.2 Canada: North America Industrial Ball Valves Market - By Segmentation
      - 10.1.1.2.2.1 Type
      - 10.1.1.2.2.2 Size
      - 10.1.1.2.2.3 Class
      - 10.1.1.2.2.4 Industry
  - 10.1.1.3 Mexico Market
    - 10.1.1.3.1 Mexico: North America Industrial Ball Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 10.1.1.3.2 Mexico: North America Industrial Ball Valves Market - By Segmentation
      - 10.1.1.3.2.1 Type
      - 10.1.1.3.2.2 Size
      - 10.1.1.3.2.3 Class
      - 10.1.1.3.2.4 Industry

11 Industrial Ball Valves Market Industry Landscape

12 - Key Company Profiles

12.1 Emerson Electric Co
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 SLB Limited
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Spirax Group plc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Circor International Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Flowserve Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Velan Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 The Weir Group PLC
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Crane Co
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Neway Valve (Suzhou) Co.,Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 KITZ Corporation
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 Glossary
13.2 Research Methodology and Approach
- 13.2.1 Secondary Research
- 13.2.2 Primary Research
- 13.2.3 Market Estimation Approach
  - 13.2.3.1 Supply Side Analysis
  - 13.2.3.2 Demand Side Analysis
- 13.2.4 Research Assumptions and Limitations
- 13.2.5 Currency Conversion
13.3 About The Insight Partners
13.4 Market Intelligence Cloud