Butterfly Valve Trends and Forecast
The future of the global butterfly valve market looks promising with opportunities in the water & wastewater, oil & gas, energy & power, and chemical markets. The global butterfly valve market is expected to reach an estimated $14.6 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing requirement of stainless steel butterfly valves, rapid adoption of automation in the process industries, and increasing investment in oil & gas refineries and pipelines.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Butterfly Valve by Segment
The study includes a forecast for the global butterfly valve by type, design, function, end use industry , and region
Butterfly Valve Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• High Performance Butterfly Valve
• Lined Butterfly Valve
Butterfly Valve Market by Design [Shipment Analysis by Value from 2018 to 2030]:
• Concentric Butterfly Valve
• Eccentric Butterfly Valve
Butterfly Valve Market by Function [Shipment Analysis by Value from 2018 to 2030]:
• On/Off Valve
• Control Valve
Butterfly Valve Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Water & Wastewater
• Oil & Gas
• Energy & Power
• Chemical
• Others
Butterfly Valve Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Butterfly Valve Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies butterfly valve companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the butterfly valve companies profiled in this report include-
• Crane
• AVK Holding A/S
• Alfa Laval
• Flowserve
• KSB Se
• Emerson Electric
• The Weir
• Curtiss-Wright
• Velan
• Schlumberger
Butterfly Valve Market Insights
Lucintel forecasts that on/off valve is expected to witness highest growth over the forecast period.
Within this market, oil & gas will remain the largest segment.
Europe is expected to witness highest growth over the forecast period.
Features of the Global Butterfly Valve Market
Market Size Estimates: Butterfly valve market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Butterfly Valve Market size by various segments, such as by type, design, function, end use industry, and region in terms of value ($B).
Regional Analysis: Butterfly valve market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, design, function, end use industry, and regions for the butterfly valve market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the butterfly valve market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the butterfly valve market size?
Answer: The global butterfly valve market is expected to reach an estimated $14.6 billion by 2030.
Q.2 What is the growth forecast for butterfly valve market?
Answer: The global butterfly valve market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the butterfly valve market?
Answer: The major drivers for this market are growing requirement of stainless steel butterfly valves, rapid adoption of automation in the process industries, and increasing investment in oil & gas refineries and pipelines.
Q4. What are the major segments for butterfly valve market?
Answer: The future of the global butterfly valve market looks promising with opportunities in the water & wastewater, oil & gas, energy & power, and chemical markets.
Q5. Who are the key butterfly valve market companies?
Answer: Some of the key butterfly valve companies are as follows:
• CRANE
• AVK Holding A/S
• Alfa Laval
• Flowserve
• KSB SE
• KGaA
• Emerson Electric
• The Weir
• Curtiss-Wright
• Velan, Schlumberger
• Schlumberger
Q6. Which butterfly valve market segment will be the largest in future?
Answer: Lucintel forecasts that on/off valve is expected to witness highest growth over the forecast period.
Q7. In butterfly valve market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the butterfly valve market by type (high performance butterfly valve and lined butterfly valve), design (concentric butterfly valve and eccentric butterfly valve), function (on/off valve and control valve), end use industry (water & wastewater, oil & gas, energy & power, chemical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Butterfly Valve Market, Butterfly Valve Market Size, Butterfly Valve Market Growth, Butterfly Valve Market Analysis, Butterfly Valve Market Report, Butterfly Valve Market Share, Butterfly Valve Market Trends, Butterfly Valve Market Forecast, Butterfly Valve Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.