Press release
High Performance Butterfly Valve Market 2021 Expected to reach US$ 12.5 billion with 8% CAGR Forecast to 2031
High Performance Butterfly Valve Market 2021-2031
Global high performance butterfly valve sales are currently valued at US$ 5.8 Bn, with stable long-term projections, according to latest insights by Persistence Market Research. The report estimates the market to expand at over 8% value CAGR from 2021 to 2031.
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Growing need for precise flow control technologies has led to heightened demand for high performance butterfly valves from sectors such as oil & gas, power generation, and chemicals. New product line launching by key manufacturers are also projected to complement market growth over the coming years.
Due to the COVID-19 pandemic, demand for high performance butterfly valves experienced a slump in 2020. As the oil & gas industry is in a recovery mode, it promises increasing consumption of high performance butterfly valves in future. Considering the possibility of a spur of industrial infrastructure in many countries, the long-term outlook of the market remains positive.
Key Players:
The report has profiled some of the important players prevalent in the global like – Emerson Electric Co, The Flowserve Corporation, Crane Co., Baker Hughes, Forum Energy Technologies Inc., Neles Corporation, Bray International, Alfa Europe, and DeZurik and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the High Performance Butterfly Valve.
Key Takeaways from Market Study
With continuous growth of the industrial sector, demand for high performance butterfly valves from end-use industries is on the rise. High performance butterfly valves are extensively used in critical process applications in oil & gas, chemical, and power.
To cope with the challenges of emissions and safety in various applications, manufacturers are increasingly focused on compact, lightweight design of high performance butterfly valves.
Demand for high performance butterfly valves is driven by increasing CAPEX investments in water & waste water treatment projects.
Key manufacturers are focusing on expanding their product portfolios through merger & acquisition activities.
Offset high performance butterfly valves are projected to hold more than 50% market share.
Based on end-use industry, oil & gas and chemicals industries are projected to hold around 50% of overall market value share collectively by 2031-end.
The global high performance butterfly valve market witnessed a fall in 2020 due to the COVID-19 pandemic, with a recorded growth of -3.2%.
The market in Germany is projected to expand at a volume CAGR of around 3.9%, while that in the U.S. at close to 3.5%, through 2031.
“Increased capital investments in water & waste water treatment projects are expected to provide impetus to high performance butterfly valve sales over the coming years,” says a Persistence Market Research analyst.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
High Performance Butterfly Valve Market Manufacturers
High Performance Butterfly Valve Market Distributors/Traders/Wholesalers
High Performance Butterfly Valve Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Major Highlights of the High Performance Butterfly Valve Market Report:
The High Performance Butterfly Valve Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the High Performance Butterfly Valve Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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