The ball valves market is projected to grow from USD 12.6 billion in 2019 to USD 15.2 billion by 2024, driven by demand in the oil & gas, energy & power, and water & wastewater industries. Key factors include the growth in the APAC region and the high CAGR expectations for cryogenic material. Major players in the market include Emerson, Flowserve Corporation, and Cameron Schlumberger.