The Ball Valve Market is projected to reach USD 16.2 billion by 2027 from USD 13.0 billion in 2022, growing at a CAGR of 4.5% from 2022 to 2027. Factors driving the market are application of 3D printing technology in valve manufacturing, focus of industry players on offering improved customer services, increasing demand for ball valves in new and upgrades of existing of nuclear power plants.
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