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Butterfly Valves Market Size & Share, By Type, Material, End-User Industry, Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 3124


Published Date: May-2024


Format : PDF, Excel

Market Outlook:

Butterfly Valves Market size was over USD 4.32 Billion in 2023 and is predicted to surpass USD 8.49 Billion by end of the year 2032, witnessing more than 7.8% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 4.32 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)


19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 8.49 Billion

19-23 x.x %
24-32 x.x %
Butterfly Valves Market

Historical Data Period


Butterfly Valves Market

Largest Region

Asia Pacific

Butterfly Valves Market

Forecast Period


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Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing demand for industrial applications: Butterfly valves are widely used in various industries such as oil & gas, water and wastewater treatment, and food & beverage for flow control and isolation. The growing industrialization and infrastructure development around the world are expected to drive the demand for butterfly valves.

2. Advancements in technology: The introduction of smart and automated butterfly valves with advanced control systems and monitoring capabilities has increased their adoption in various industrial processes. These technological advancements are expected to create new opportunities for market growth.

3. Focus on reducing maintenance and operational costs: Butterfly valves are preferred over traditional globe or gate valves due to their lower installation and maintenance costs. As industries continue to focus on cost-saving measures, the demand for butterfly valves is expected to rise.

4. Increasing investments in water and wastewater treatment: With growing concerns about water scarcity and environmental pollution, governments and private organizations are investing in water and wastewater treatment facilities. Butterfly valves are extensively used in these facilities, and the increasing investments in this sector are expected to drive the market growth.

Report Scope

Report CoverageDetails
Segments CoveredType, Material, End-User Industry
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledEmerson Electric Co., Flowserve, Cameron, Alfa Laval Corporate AB, AVK Holding A/S, Crane Co., Weir Group PLC.

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Industry Restraints:

1. Impact of COVID-19 pandemic: The outbreak of the COVID-19 pandemic has disrupted supply chains and manufacturing operations, leading to a slowdown in the demand for butterfly valves. The uncertainty surrounding the pandemic continues to pose challenges for the market.

2. Intense competition and price pressure: The butterfly valves market is highly competitive, with a large number of manufacturers offering similar products. This intense competition often leads to price pressures and reduced profit margins, which can restrain the overall market growth.

3. Environmental and regulatory concerns: The use of butterfly valves in industries can lead to environmental concerns related to emissions and waste disposal. Stringent environmental regulations and standards imposed by governments can create challenges for the market, especially for manufacturers who do not comply with these regulations.

Regional Forecast:

Butterfly Valves Market

Largest Region

Asia Pacific

XX% Market Share by 2032

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North America:

The butterfly valves market in North America is expected to witness significant growth due to the increasing demand from various end-user industries such as oil & gas, water & wastewater, and power generation. The United States and Canada are the key countries contributing to the market growth in this region.

Asia Pacific:

In the Asia Pacific region, countries such as China, Japan, and South Korea are expected to drive the growth of the butterfly valves market. Rapid industrialization and the growing focus on infrastructure development in these countries are anticipated to create lucrative opportunities for market players.


The butterfly valves market in Europe is primarily driven by countries like the United Kingdom, Germany, and France. The presence of well-established industrial and manufacturing sectors, along with stringent regulations pertaining to industrial safety and environmental conservation, is expected to propel the demand for butterfly valves in this region.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Butterfly Valves Market
Butterfly Valves Market

Segmentation Analysis:


In terms of segmentation, the global butterfly valves market is analyzed on the basis of Type, Material, End-User Industry.

Segment Analysis of Butterfly Valves Market


The type segment of the butterfly valves market refers to the different variations of butterfly valves that are available in the market. This includes the various designs and configurations such as high-performance, resilient-seated, and triple offset, among others. Each type of butterfly valve offers unique features and benefits, catering to specific applications and industry requirements. The type segment of the butterfly valves market is an important factor for end-users to consider when selecting the most suitable valve for their specific needs.


Material is a crucial segment in the butterfly valves market as it refers to the construction material used in the manufacturing of butterfly valves. The materials used can vary from stainless steel, cast iron, carbon steel, and others, each offering different levels of strength, corrosion resistance, and durability. The material segment is significant as it directly impacts the performance, lifespan, and maintenance requirements of the butterfly valve, making it an important consideration for end-users across various industries.

End-User Industry:

The end-user industry segment of the butterfly valves market refers to the diverse range of industries that utilize butterfly valves as a critical component in their operations. These industries can include oil and gas, water and wastewater, chemical, power generation, food and beverage, and many others. Each industry has specific requirements and standards for butterfly valves, making the end-user industry segment an essential aspect for manufacturers to tailor their products to meet the unique demands of each industry.

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Competitive Landscape:

The competitive landscape of the Butterfly Valves Market is characterized by intense competition, with a number of key players vying for market share. These companies are constantly engaged in strategies such as product innovation, strategic partnerships, mergers and acquisitions, and geographic expansion to gain a competitive edge in the market. The market is also witnessing the entry of new players, further intensifying competition. As a result, the Butterfly Valves Market is highly dynamic and competitive, with companies focusing on offering technologically advanced and cost-effective solutions to meet the evolving needs of their customers.

Top Market Players:

1. Emerson Electric Co.

2. Flowserve Corporation

3. Cameron International Corporation

4. Crane Co.

5. Weir Group PLC

6. Kitz Corporation

7. Avcon Controls Pvt. Ltd.

8. Valvitalia SpA

9. AVK Holding A/S

10. Johnson Controls International plc

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Butterfly Valves Market Size & Share, By Type, Mat...

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