(EMAILWIRE.COM, August 02, 2023 ) As per Maximize Market research, the HDPE Ball Valves Market was USD 2.18 Bn in 2022 and is expected to grow at a CAGR of 5.5 percent over the forecast period to reach USD 3.17 Bn by 2029.

HDPE Ball Valves Market Report Scope and Research Methodology

The bottom-up approach was used to estimate the HDPE Ball Valves market size. SWOT is used to identify the threats and weaknesses of the market while PESTLE is used to employ the competitive intensity of the HDPE Ball Valves Market.

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HDPE Ball Valves Market Dynamics

The increasing demand from the oil and gas and construction sector and increasing government investment in residential construction buildings are the driving factors for market growth. The lack of awareness among end-users about the advantages of HDPE ball valves restrain the market growth.

HDPE Ball Valves Market Regional Insights

North America is expected to dominate the HDPE Ball Valves Market during the forecast period. The increasing need for HDPE ball valves in several industries including oil and gas and water and wastewater treatment.

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HDPE Ball Valves Market Segmentation

By Product
Small-Sized
Medium-Sized
Large-Sized

By Type
Municipal Work
Indoor Drainage System
Industrial Drainage
Agricultural Drainage
Others

By Application
Water treatment industry
Oil and gas industry
Construction industry
Others

HDPE Ball Valves's Key Competitors include:

Wavin (Netherlands)
Friatec (Germany)
GPS (China)
Plasson (Italy)
Agru (Switzerland)
Simona (Italy)
Radius Systems (UK)
Uponor (Finland)
Polyplastic Group (Japan)
Alfa Laval (Sweden)
Weir Group (UK)
Pentair (US)
Metso (Finland)
Emerson Electric Co. (US)
ITT Corporation (US)
Circor International (US)
Swagelok (US)
AVK Holding (Denmark)

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Maximize Market Research is leading Engineering Equipment research firm, has also published the following reports:

Motor Control Contactors Market- The market size is expected to reach USD 216.75 Mn by 2029 at a CAGR of 5.2 percent during the forecast period.

Mortar Mixing Equipment Market - The market size was valued at USD 3.24 Billion in 2022 and is expected to grow at a CAGR of 5.6% from 2023 to 2029, reaching nearly USD 5.29 Billion.

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