Press release
Surging Oil And Gas Industry Demand Drives Growth In The Butterfly Valve Market: An Emerging Driver Transforming The Butterfly Valves Market Landscape
Butterfly Valves
What Is the Projected Growth of the Butterfly Valves Market?
There has been a robust expansion in the size of the butterfly valves market in the past few years. Its growth trajectory is projected to rise from $11.1 billion in 2024 to $11.81 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. The surge witnessed in the historical period can be ascribed to factors such as industrial and infrastructure growth, emphasis on energy efficiency, heightened utilization in HVAC systems, trade globalization, fire safety mechanisms, and the boom in the mining and metals domain.
Anticipated to experience substantial growth in the following years, the butterfly valves market is predicted to expand to a remarkable $15.53 billion by the year 2029, demonstrating a compound annual growth rate (CAGR) of 7.1%. This favorable growth forecast is largely due to factors such as a growing concentration on water conservation, the relentless expansion of renewable energy, an escalated demand for valves needing minimal maintenance, material science innovations, the implementation of hydraulic fracturing in the oil and gas sector and diligent efforts towards emission reduction in numerous industries. Noteworthy trends predicted to influence the market during the forecast period incorporate progress in valve technologies, a rising priority on automation, the acceptance of triple offset butterfly valves, the demand for customized solutions, and widespread market consolidation and strategic alliances.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8897
What Are the Different Butterfly Valves Market Segments?
The butterfly valves market covered in this report is segmented -
1) By Type: High-Performance Butterfly Valves, Lined Butterfly Valves
2) By Mechanism: Centric Valves (Zero Offset Butterfly Valves), Eccentric Valves
3) By Function: On Or Off Valves, Control Valves
4) By End User: Oil And Gas, Electric Power, Water And Wastewater, Chemical, Other End Users
Subsegments:
1) By High-Performance Butterfly Valves: Double Offset Butterfly Valves, Triple Offset Butterfly Valves
2) By Lined Butterfly Valves: PTFE Lined Butterfly Valves, Rubber Lined Butterfly Valves
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8897&type=smp
What Are the Primary Drivers Shaping the Butterfly Valves Market?
The butterfly valve market's expansion is primarily driven by the growing necessity for these valves in the oil and gas sector. Valves are crucial components of any piping system prevalent in the oil and gas industry, utilized for managing flow rates, equipment segregation and safety, and steering the processing of crude oil. Increased upstream and downstream activities in this sector spur the demand for valves. For example, the International Energy Agency (IEA) oil, an intergovernmental organization based in France, reported that the global oil demand surged by 800,000 barrels per day (kb/d) in the first half of 2023, which is under the estimated growth of 2.3 million barrels per day (mb/d) for 2023. The demand is projected to climb by 900 kb/d in 2024 and by 950 kb/d in 2025. These factors contribute to the growth of the butterfly valve market, fueled by the escalating demand in the oil and gas industry.
Which Companies Are Leading in the Butterfly Valves Market?
Major companies operating in the butterfly valves market are Emerson Electric Co., Flowserve Corporation, Alfa Laval AB, AVK Holding A/S, Crane Co., Bray International Inc., Conbraco Industries Inc., Milwaukee Valve Company Inc., Anvil International LLC, Hayward Industries Inc., NIBCO Inc., Valworx Inc., Curtiss-Wright Corporation, ASEPCO, Schlumberger Limited, XHVAL Industrial Valve Manufacturing Co. Ltd., Huamei Machinery Limited, Flexachem Manufacturing Ltd., Valmet Corporation, Thermoplastic Valves Inc., PR Valves LLC, Lumaco Sanitary Valves, Centec LLC, Erdmann Corporation, World Wide Metric Inc., Jamieson Equipment Co. Inc., Cipriani Harrison Valves Corp., Xylem Inc., Ryan Herco Flow Solutions, Cargil Inc.
What Are the Major Trends Shaping the Butterfly Valves Market?
Leading businesses in the butterfly valves market are concentrating on creating innovative solutions like double-offset butterfly valves to boost efficiency and performance. Double-offset butterfly valves are a distinctive valve design where the shaft is placed off-center from the valve body and the disc. For example, in August 2024, the UK-based industrial equipment manufacturer and exporter, Kingdom Flow Control Co., introduced its double offset butterfly valves. These valves have a special stem and disc design that lessens seat wear, diminishes torque, and prolongs the valve's lifespan. They are ideal for both shut-off and regulation applications, providing bi-directional sealing performance and reduced operational torque. Additionally, they come with adjustable live-loaded stem sealing, an anti-static design, an anti-blowout stem for additional safety, smooth operation, and easy seat replacement maintenance.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/butterfly-valves-global-market-report
What Are the Top Revenue-Generating Geographies in the Butterfly Valves Market?
Asia-Pacific was the largest region in the butterfly valves market share in 2024. The regions covered in the butterfly valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Butterfly Valves Market?
2. What is the CAGR expected in the Butterfly Valves Market?
3. What Are the Key Innovations Transforming the Butterfly Valves Industry?
4. Which Region Is Leading the Butterfly Valves Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surging Oil And Gas Industry Demand Drives Growth In The Butterfly Valve Market: An Emerging Driver Transforming The Butterfly Valves Market Landscape here
News-ID: 3968861 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Valve
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players;…
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s…
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
Australian pressure safety valve market size is expected to reach $65.38 million by 2025 from $52.12 million in 2017, growing at a CAGR of 2.88% during the forecast period (2018–2025). Pressure safety valves (pressure relief valves) are specially designed valves that regulate the surge in pressure within the pressure systems, which otherwise could hinder industrial processes. The valves have outlets that guide the additional flow of fluids or gases, which…
Control Valve Market Analysis Report by Region - North America, Latin America, E …
Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn…
Bleed Valve Market 2017-Eaton, Weir Group, KSB, Mahle, Mogas, Alfa Laval, Nihon …
Apex Research, recently published a detailed market research study focused on the "Bleed Valve Market" across the global, regional and country level. The report provides 360° analysis of "Bleed Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bleed Valve industry, and estimates the future trend of Bleed Valve market…
Global Plug Valves Market: Yuandong Valve, Yuanda Valve, Weir, Walworth, Zhengqu …
Global Market Study Evaluate on Plug Valves Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Plug Valves market report is:
This report offers a comprehensive evaluation of the Plug Valves market. It does so by in-depth qualitative insights, historical Plug Valves market data, and verifiable projections about global Plug Valves market size. The projections featured in the Plug Valves market report have been…
