Butterfly Valve Market is expected to Grow with a CAGR of 4.89% through 2030
The butterfly valve market is
experiencing significant growth due to increasing industrialization and
urbanization, particularly in emerging economies.
According to TechSci Research
report, “Butterfly Valve Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Butterfly Valve Market was valued at USD 11.56 Billion in 2024 and is expected to reach USD 15.53 Billion by 2030 with a CAGR of 4.89%. This growth is propelled by the increasing demand for efficient
flow control solutions in sectors such as oil and gas, water and wastewater
treatment, power generation, and chemicals. In the oil and gas industry,
butterfly valves are essential for applications requiring tight shutoff,
high-pressure handling capacity, and low installation costs. The rising need
for energy-saving solutions in sectors like oil and gas, chemical processing,
and water treatment is further driving the growth of the butterfly valve market
in regions such as the United States . Additionally, the increasing adoption of
automation and control systems in industrial processes is enhancing the demand
for butterfly valves, as they offer quick operation, ease of maintenance, and
space efficiency.
Furthermore, the emphasis on
infrastructure development and modernization, particularly in emerging
economies, is contributing to the expansion of the butterfly valve market.
Governments and private stakeholders are increasingly focusing on upgrading water
infrastructure to meet the needs of growing urban populations and comply with
stringent environmental regulations . Butterfly valves, due to their
durability, low-pressure drop, and ease of operation, are widely adopted in
water treatment plants for flow isolation and control. The market is also witnessing
technological advancements, with innovations such as high-performance butterfly
valves and smart valves enhancing operational efficiency and reducing
maintenance costs. These developments are reinforcing the importance of innovation
in the butterfly valve market. In conclusion, the butterfly
valve market is poised for significant growth, driven by increasing demand
across various industries, advancements in technology, and a focus on
infrastructure development and modernization. As industries continue to seek
efficient and cost-effective flow control solutions, the butterfly valve market
is expected to expand, offering opportunities for innovation and investment.
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Butterfly Valve Market.”
Based on the End-User,
Electric Power segment held the largest Market share in 2024. The butterfly
valve market in the electric power sector is experiencing significant growth,
driven by several key factors that align with the industry's evolving needs for
efficiency, automation, and sustainability. A primary driver is the increasing
adoption of automation and smart technologies in industrial processes. The
integration of Industrial Internet of Things (IIoT) and smart valve
technologies enables real-time monitoring, predictive maintenance, and enhanced
control, which are highly valued in industries such as power generation.
Companies investing in developing smart valve solutions and integrating
advanced technologies into their product offerings are gaining a competitive
edge in the market. Additionally, the emphasis on
sustainability and energy efficiency is encouraging industries to adopt
solutions that minimize waste and energy consumption. Electric butterfly
valves, known for their low power consumption compared to other types of valves,
align with these objectives, thereby significantly contributing to the market's
growth. The ongoing trend towards smart manufacturing and Industry 4.0 is also
significantly driving the demand for electric valves. These valves can be
easily integrated into automated systems, enabling real-time monitoring and
control of fluid dynamics. Furthermore, the development of self-diagnostic
actuators and enhanced corrosion-resistant materials is supporting the digital
shift towards smart factories and efficient resource management.
Moreover, the expansion of
infrastructure projects in emerging economies is creating a significant demand
for electric butterfly valves. Countries in Asia Pacific, Latin America, and
the Middle East are witnessing rapid industrialization and urbanization,
leading to significant investments in infrastructure development. The
construction of new power generation facilities requires efficient and reliable
flow control solutions, driving the demand for electric butterfly valves. The
butterfly valve market in the electric power sector is poised for substantial
growth, propelled by technological advancements, sustainability initiatives,
and expanding infrastructure projects. Companies focusing on innovation, smart
technologies, and efficient solutions are well-positioned to capitalize on
these market opportunities.
Based on region, Asia
Pacific is the fastest-growing region in the global butterfly valve market,
driven by rapid industrialization, infrastructure development, and increasing
demand for efficient flow control solutions. This growth is fueled by significant
investments in sectors such as oil and gas, water and wastewater treatment,
power generation, and chemicals. Countries like China and India are leading the
expansion, with China holding a substantial market share and India experiencing
the fastest growth within the region . Technological advancements, including
the integration of smart valves and automation, are further enhancing the
adoption of butterfly valves, positioning Asia Pacific as a key driver of
global market expansion.
Major companies operating in
the Global Butterfly Valve Market are:
- Alfa Laval AB
- AVK Group
- Bray International, Inc.
- Crane Company
- Curtiss-Wright Corporation
- DeZURIK
- Emerson Electric Co.
- Flowserve
- Grundfos Pumps India Private
Ltd.
- Honeywell International Inc.
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“The Global Butterfly Valve
Market is expected to rise in the upcoming years and register a significant
CAGR during the forecast period. This expansion is propelled by rising demand
for efficient flow control solutions in sectors such as oil and gas, water and
wastewater treatment, and power generation. Technological innovations,
including IoT integration and predictive maintenance systems, are improving
valve performance and reliability. Additionally, growing emphasis on energy
efficiency and sustainability is accelerating the adoption of advanced
materials and valve designs, presenting substantial opportunities for market
growth and innovation. Therefore, the Market of Butterfly Valve is expected to
boost in the upcoming years.,” said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based global management consulting firm.
“Butterfly
Valve Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented, By Type (High Performance Butterfly Valves and Lined Butterfly
Valves), By Mechanism (Centric Butterfly Valves and Eccentric Butterfly
Valves), By End-User (Oil & Gas, Electric Power, Water & Wastewater,
Chemical, and Others), By Region, By Competition, 2020-2030F”, has evaluated the future
growth potential of Global Butterfly Valve Market and provides statistics &
information on the Market size, structure, and future Market growth. The report
intends to provide cutting-edge Market intelligence and help decision-makers
make sound investment decisions., The report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in
the Global Butterfly Valve Market.
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