Butterfly Valves Market Key Players, Analysis, Trends, Share, Segmentation, Industry Size 2025

The butterfly valves market size was valued at $8,282.61 million in 2017, and is projected to reach at $13,667.0 million by 2025, growing at a CAGR of 6.3% from 2018 to 2025. Asia-Pacific is expected to be the leading contributor to the global butterfly valves market, followed by Europe and North America.

Growing demand from the oil & gas industry, a surge in the use of power in industrial processes, and an increased need for automation in process industries drive the market growth. However, a high level of competition from local players and the possibility of choking and cavitation impede market growth. On the other hand, growing demand for industrial infrastructure and untapped potential in emerging economies create new opportunities in the market.

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Leading Players:

The key players profiled in the report include Emerson Electric Co., Flowserve Corporation, Cameron, Alfa-Laval Corporate AB, AVK Group, Crane Co., Weir Group, Curtiss-Wright Corporation, KSB Group, and Velan Inc. Market players have adopted various strategies such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the butterfly valves market.
Butterfly valve (also known as quarter turn valve) is a shut-off valve used to isolate and control the flow of fluid and gases in various industrial applications. It is also known as quarter turn valve. The simple structure of butterfly valve includes a disk placed in middle of a pipe and swivels sideways or on uprights which starts and stops the fluid flow. Furthermore, these valves are economical, consume less space, and lightweight as compared to other valves.

Regional Analysis:

Asia-Pacific accounted for a major share of the global butterfly valves market in 2017 and is expected to dominate the market in terms of revenue during the forecast period, owing rapid urbanization & industrialization, and increase in investment in oil & gas and power generation industries. The Europe region holds the second largest share in the global butterfly valves market.

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Butterfly Valves Market Key Segments:

By Type
• High-Performance Butterfly Valves
• Lined Butterfly Valves

By Mechanism
• Centric Valves (Zero Offset Butterfly Valves)
• Eccentric Valves
o Double Offset Butterfly Valves
o Triple Offset Butterfly Valves

Key Findings Of The Study
• In 2017, the high-performance butterfly valves segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 6.8% during the forecast period.
• The eccentric valves segment accounted for more than 50.0 % of the butterfly valves market share in 2017.
• Oil & gas industry contributed major share of 39% in global butterfly valves market during 2017.
• China was the major shareholder in the Asia-Pacific butterfly valves market, accounting for more than 40.0% share in 2017.

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