Butterfly Valves Market With Complete SWOT Analysis and
Forecast to 2030

Butterfly Valves Market research
report by Delvens focuses on primary sections such as – market segments, market
outlook, competitive landscape, and company profiles. The segments provide
details in terms of various perspectives such as end-use industry, product or
service type, and any other relevant segmentation as per the market’s current
scenario which includes various aspects to perform further marketing activity,
the Butterfly Valves Market size was
estimated at USD 10.97 billion in 2023 and is projected to reach USD 16.64
billion in 2030 at a CAGR of 6.13% during the forecast to 2030.

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Recent Developments

John King Group has acquired valve manufacturer DAB Valves
for an undisclosed amount. DAB Valves sells a variety of valves and associated
equipment within their range from slide and butterfly valves to gravity flap
diverter valves and drop out boxes.

two small businesses, JA Moody and Lexair, teamed up to
supply the high-spec Keystone K-LOK butterfly valve, used for fuel, lube oil,
AFFF and other fluid lines on every class of Navy ship to the U.S. Navy.

Regional Analysis

Asia-Pacific to
Dominate the Market

·       
Asia-Pacific is estimated to account for the
largest market share during the forecast period. In Asia-Pacific, investment in
the water & wastewater management industry due to rapid urbanization has
led to increase in demand of butterfly valve.

·       
Moreover, rapid industrialization and urbanization
have led to expanding energy sources, increasing pipeline transportation usage,
increasing oil and gas reserves, increasing infrastructure projects which is
expected to drive the market during the forecast period.

The Prominent Players
in the Butterfly Valves Market

·       
Alfa Laval Corporate AB

·       
ASE Engineered Solutions

·       
AVK Group

·       
Bray International, Inc.

·       
Crane Co.

·       
Curtiss-Wright Corporation

·       
KSB Group

·       
L&T Valves Limited

·       
NIBCO Inc.

·       
Schlumberger Limited

·       
The Weir Group PLC

·       
Valmet Corporation and More

Key Findings

·       
Based on type, the market is segmented into
high-performance butterfly valve, and lined butterfly valve. The
high-performance butterfly valve dominated the market in this segment. High
performance valves, because of their flow path, high capacity and their ability
to pass solid and viscous media, dominated the market in the market in this
segment.

·       
Based on design, the market is bifurcated into
concentric butterfly valve, and eccentric butterfly valve. The eccentric
butterfly valve dominated the market in this segment. The recommended flow
direction for erosive applications is with the shaft upstream on an eccentric
plug valve.

·       
Based on material type, the market is segmented
into stainless steel valves, cast iron valves, and others. Stainless steel
valves dominated the market in this segment.

·       
Based on function, the market is segmented into
on/off valve, and control valve. The on/off valve dominated the market in this
segment.

·       
Based on end user, the market is bifurcated into
oil & gas, water & wastewater, energy & power, pharmaceutical, and
chemical. Oil & Gas sector dominated the market in this segment.

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