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Global Butterfly Valves Market Size, Trends, Research: By Product Type: Rubber Lined, Plastic Lined, Metal Lined; By Material Type: Stainless Steel, Cast Iron, Aluminium, Others; By Design: Centric Butterfly Valve, Others; By Function; By End Use; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2023-2028
Global Butterfly Valves Market Outlook
The global butterfly valves market is like to expand at a CAGR of 4.1% during 2023-2028. Butterfly valves are commonly used in processes warranting more enduring valves with distinct features. Butterfly valves display high corrosion-resistance and light weight, making them superior alternatives to metal valves in many aspects; butterfly valves also have longer lives, are economical, and have lesser environmental impact. Applications include food processing, refineries, shut-off valves, ship building, and others. North America, Asia and Europe are likely to be major markets.
Global Market Expected to be Driven by Applications Across Industries and Advantages Afforded
Butterfly valves were originally employed where it was not very essential to have a tight closure. However, over time, butterfly valves came to be produced with reasonably tight seals made of elastomeric material or rubber to offer good shut off like that offered by other kinds of valves. Butterfly valves are employed where there is limited space. Butterfly valves, unlike gate valves, are capable of being employed for controlling flow or throttling in completely open and closed positions. Further, butterfly valves offer smaller pressure loss as compared to the gate valve. Butterfly valves are also less expensive than gate valves due to the fact that these valves need less civil works and less material. These valves are also easier to operate when water pressures are unbalanced.
Different types of valves in the butterfly valves market include lug style, wafer style, welded, flanged, metal, lined, zero offset, triple offset, and double offset.
Advantages of Butterfly Valves Expected to Contribute to Market Growth
Advantages of butterfly valves include superior start, stop and regulation of flow; availability of a broad size range; suited to use with liquids and slurries with suspended solids; simple design; lightweight; less required installation space; easy installation; reduced installation time and cost; lower maintenance costs; fast-acting; may be used with corrosive substances and chemicals.
Applications in Diverse Industries Likely to Boost Market Growth
Butterfly valves are employed in several and varied industries and applications. Significant domains for the butterfly valves market include chemical and oil, pharmaceutical, water supply, food, fire protection, wastewater treatment, fuel handling, gas supply, and sanitary fittings. In pipelines, butterfly valves are employed as control to shut off water flow. Stainless steel butterfly valves are suited for use in corrosive and marine environmental applications.
Leading Companies Offering Modern Solutions Expected to Drive Market Growth
In 2022, Butterfly Valve 565 by GF Piping Systems became the first industrial butterfly valve to obtain Environmental Product Declaration (EPD) in the butterfly valves market. The plastic valve was nearly maintenance-free and displayed high corrosion-resistance; the solution further offered a longer service life and substantial environmental benefits.
In 2021, Neles introduced an all-round butterfly valve range that offered better process performance with minimal environmental impact. The product range allowed easy valve configuration across a wide range of applications in process industries.
Market Segmentation
By product type, the market is segmented into:
- Plastic Lined
- Rubber Lined
- Metal Lined
By material type, the butterfly valves market is classified into:
- Cast Iron
- Stainless Steel
- Aluminium
- Others
By design, the market is divided into:
- Single-Eccentric
- Centric
- Triple-Eccentric
- Double-Eccentric
By function, the market is segmented into:
- Control Valve
- On/Off Valve
By end use, the market is classified into:
- Water and Wastewater
- Oil and Gas
- Chemical
- Power Generation
- Others
By region, the market is divided into:
- North America
- Middle East and Africa
- Asia Pacific
- Europe
- Latin America
Key Industry Players in the Market
The report offers a comprehensive assessment of major players in the global butterfly valves market, evaluating their capacity, and observing newest developments like plant turnarounds, mergers and acquisitions, and capacity expansions; key players include
- Emerson Electric Co.
- Schlumberger Limited
- L&T Valves Limited
- The Weir Group PLC
- Hobbs Valve Limited
- Velan Inc.
- Dembla Valves Ltd.
- Bray International, Inc.
- Others
Through SWOT analysis and Porter’s Five Forces model, the EMR report offers a deep understanding of the industry.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Material Type |
|
| Breakup by Design |
|
| Breakup by Function |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Butterfly Valves Market Analysis
8.1 Key Industry Highlights
8.2 Global Butterfly Valves Historical Market (2018-2022)
8.3 Global Butterfly Valves Market Forecast (2023-2028)
8.4 Global Butterfly Valves Market by Product Type
8.4.1 Rubber Lined
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Plastic Lined
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Metal Lined
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Butterfly Valves Market by Material Type
8.5.1 Stainless Steel
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cast Iron
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Aluminium
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Butterfly Valves Market by Design
8.6.1 Centric Butterfly Valve
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Single-Eccentric Butterfly Valve
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Double-Eccentric Butterfly Valve
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Triple-Eccentric Butterfly Valve
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.7 Global Butterfly Valves Market by Function
8.7.1 On/Off Valve
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Control Valve
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global Butterfly Valves Market by End Use
8.8.1 Oil and Gas
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Water and Wastewater
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Power Generation
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Chemical
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Others
8.9 Global Butterfly Valves Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Latin America
8.9.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Emerson Electric Co.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Schlumberger Limited
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 L&T Valves Limited
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 The Weir Group PLC
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Hobbs Valve Limited
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Velan Inc.
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Dembla Valves Ltd.
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Bray International, Inc.
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Butterfly Valves Market: Key Industry Highlights, 2018 and 2028
2. Global Butterfly Valves Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Butterfly Valves Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Butterfly Valves Historical Market: Breakup by Material Type (USD Million), 2018-2022
5. Global Butterfly Valves Market Forecast: Breakup by Material Type (USD Million), 2023-2028
6. Global Butterfly Valves Historical Market: Breakup by Design (USD Million), 2018-2022
7. Global Butterfly Valves Market Forecast: Breakup by Design (USD Million), 2023-2028
8. Global Butterfly Valves Historical Market: Breakup by Function (USD Million), 2018-2022
9. Global Butterfly Valves Market Forecast: Breakup by Function (USD Million), 2023-2028
10. Global Butterfly Valves Historical Market: Breakup by End Use (USD Million), 2018-2022
11. Global Butterfly Valves Market Forecast: Breakup by End Use (USD Million), 2023-2028
12. Global Butterfly Valves Historical Market: Breakup by Region (USD Million), 2018-2022
13. Global Butterfly Valves Market Forecast: Breakup by Region (USD Million), 2023-2028
14. North America Butterfly Valves Historical Market: Breakup by Country (USD Million), 2018-2022
15. North America Butterfly Valves Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Europe Butterfly Valves Historical Market: Breakup by Country (USD Million), 2018-2022
17. Europe Butterfly Valves Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Asia Pacific Butterfly Valves Historical Market: Breakup by Country (USD Million), 2018-2022
19. Asia Pacific Butterfly Valves Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Latin America Butterfly Valves Historical Market: Breakup by Country (USD Million), 2018-2022
21. Latin America Butterfly Valves Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Middle East and Africa Butterfly Valves Historical Market: Breakup by Country (USD Million), 2018-2022
23. Middle East and Africa Butterfly Valves Market Forecast: Breakup by Country (USD Million), 2023-2028
24. Global Butterfly Valves Market Structure.
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