Press release
Eccentric Butterfly Valve Market Share Poised for Growth Amid Rising Demand from Industrial and Infrastructure Sectors | Valuates Reports
Eccentric Butterfly Valve - Market SizeThe global market for Eccentric Butterfly Valve was estimated to be worth US$ 1017.7 million in 2023 and is forecast to a readjusted size of US$ 1227.7 million by 2030 with a CAGR of 2.8% during the forecast period 2024-2030
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Market Trends for Eccentric Butterfly Valve Market:
The Eccentric Butterfly Valve Market is witnessing steady momentum as industries seek efficient, high-performance flow control solutions. These valves are widely utilized in power plants, chemical processing, oil & gas, water treatment, and other key sectors that require durable systems for managing high-pressure and high-temperature fluids.
Market Size and Revenue
The market size is expanding steadily, driven by large-scale industrialization and infrastructure upgrades in both emerging and developed regions. As energy, water management, and petrochemical industries continue to scale operations, the revenue potential for eccentric butterfly valves is growing accordingly.
Market Share
In terms of market share, the Asia-Pacific region leads the global landscape, with countries like China and India investing heavily in infrastructure and utility systems. Triple eccentric valves are gaining traction due to their superior performance in demanding applications, while double and single eccentric types continue to hold notable shares in the global market.
Market Growth
The market growth is supported by increased investment in water and wastewater treatment facilities, stricter environmental regulations, and the modernization of power and oil refineries. The need for long-lasting, reliable valves in mission-critical systems makes eccentric butterfly valves a preferred choice across multiple sectors.
Market Analysis
From a market analysis perspective, advancements in valve technologies-like corrosion-resistant coatings and automation compatibility-are pushing the adoption of these products. Industrial players are focusing on innovation and geographic expansion to tap into growing demand, particularly in Southeast Asia, the Middle East, and North America.
Segment by Type:
• Single Eccentric
• Double Eccentric
• Triple Eccentric
Segment by Application
• Oil & Gas
• Power Generation
• Water Treatment
• Construction
• Others
By Company
Emerson, 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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