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Global Butterfly Valves Market Expected to Witness a Sustainable Growth over 2023
A butterfly valve is a valve that isolates or regulates the flow of a fluid. The closing mechanism is a disk that rotates.
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Global Butterfly Valves Market: Forecast by Type / Application / Region
In the coming years there is an increasing demand for butterfly valves in the regions of United States and Europe that is expected to drive the market for more advanced butterfly valves. Growth in recovery of oil & gas industry, increasing of petrochemical & general industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of butterfly valves in developing countries will drive growth in global market.
According to this study, over the next five years the Butterfly Valves market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 6150 million by 2024, from US$ 4980 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Butterfly Valves business, shared in Chapter 3.
Global Butterfly Valves Market: Key Players
Flowserve
Cameron
Kitz
KSB
Johnson Controls
AVK
ADAMS
Crane
IMI
Parker Hannifin
Tomoe
Bray
Watts Water Technologies
Circor
Zwick
Maezawa Industries
Diefei
Kirloskar
ARI
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Related Information:
United States Butterfly Valves Market Research Report 2018
Europe Butterfly Valves Market Research Report 2018
North America Butterfly Valves Market Research Report 2018
Asia-Pacific Butterfly Valves Market Research Report 2018
China Butterfly Valves Market Research Report 2018
EMEA Butterfly Valves Market Research Report 2018
Global Butterfly Valves Market Research Report 2018
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