The global Butterfly Valves Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (High-performance, Lined), By Mechanism (Eccentric Valves, Centric Valves), By Function (On/Off Valves, Control Valves), By Application (Oil & Gas, Water & Wastewater, Chemicals, Power Generation, Others)
Butterfly valves are quarter-turn valves used to regulate, control, and isolate the flow of liquids, gases, and slurries in piping systems, characterized by a disc-shaped closure mechanism that rotates perpendicular to the flow direction in 2024. These valves are commonly used in industrial applications such as water treatment, oil and gas, chemical processing, and food and beverage production, where reliable and efficient flow control is essential. Butterfly valves offer advantages such as low pressure drop, quick operation, and compact design, making them suitable for a wide range of fluid handling applications. With advancements in valve technology, materials, and automation, the market for butterfly valves is expanding, driven by demand for energy-efficient, maintenance-friendly, and environmentally sustainable flow control solutions that optimize process performance, reliability, and safety across various industries and applications.
The market report analyses the leading companies in the industry including Alfa-Laval Corporate AB, AVK Group, Cameron, Crane Co., Curtiss-Wright Corp, Emerson Electric Co., Flowserve Corp, KSB Group, Velan Inc, Weir Group, and Others.
The market for butterfly valves is experiencing a prominent trend driven by the increasing adoption of industrial automation and control systems across various industries. Butterfly valves play a crucial role in process control and fluid handling applications, offering reliable and efficient flow control solutions. This trend is fueled by the ongoing digital transformation of manufacturing and processing industries, where automation technologies such as PLCs (Programmable Logic Controllers), SCADA (Supervisory Control and Data Acquisition) systems, and DCS (Distributed Control Systems) are being deployed to enhance operational efficiency, optimize production processes, and ensure consistent product quality. As industries seek to improve productivity, reduce downtime, and enhance safety and regulatory compliance, there is a growing demand for butterfly valves that can seamlessly integrate with automated control systems, offering precise and responsive flow control capabilities to meet the evolving needs of modern industrial applications.
A significant driver of the butterfly valve market is the growth of water and wastewater treatment infrastructure projects worldwide. Butterfly valves are widely used in water treatment facilities for regulating flow, isolating pipelines, and controlling the movement of fluids in treatment processes such as filtration, disinfection, and distribution. The increasing global population, urbanization, and industrialization are driving the demand for clean and safe water, prompting investments in water infrastructure development and upgrades. Additionally, stringent environmental regulations and sustainability initiatives are spurring investments in wastewater treatment and reuse projects to mitigate pollution and conserve water resources. Butterfly valves are essential components in water and wastewater treatment systems, providing reliable and durable flow control solutions that help optimize treatment processes, reduce energy consumption, and ensure compliance with regulatory standards. The growth of water and wastewater treatment infrastructure projects presents opportunities for butterfly valve manufacturers to supply valves that meet the specific requirements and performance standards of water treatment applications, contributing to the expansion of the market.
An opportunity for the butterfly valve market lies in expansion into emerging markets and industries with growing infrastructure needs. As economies develop and industrialize, there is a rising demand for infrastructure investments in sectors such as oil and gas, power generation, chemical processing, and HVAC (Heating, Ventilation, and Air Conditioning). Butterfly valves are essential components in a wide range of industrial applications, offering reliable and cost-effective flow control solutions for various fluids and operating conditions. By targeting emerging markets and industries, butterfly valve manufacturers can capitalize on the demand for valves that meet the specific requirements and standards of new infrastructure projects, including those related to energy production, transportation, and environmental protection. Moreover, expanding into emerging markets provides opportunities for market penetration, diversification of customer base, and long-term growth potential for butterfly valve manufacturers looking to expand their global footprint and market presence.
High-performance butterfly valves stand out as the largest segment in the butterfly valves market due to their superior characteristics and versatile applications across various industries. These valves are engineered to withstand extreme conditions, including high pressures and temperatures, making them ideal for critical processes in industries such as oil and gas, chemical, and water treatment. With robust construction and advanced sealing mechanisms, high-performance butterfly valves offer reliable and efficient fluid control, ensuring smooth operations and minimal downtime. Further, their compact design and lightweight construction translate to easier installation and reduced maintenance costs, further enhancing their appeal to end-users. Additionally, the growing emphasis on sustainability and energy efficiency drives the adoption of high-performance butterfly valves equipped with features such as low leakage rates and precise flow control, contributing to their dominance in the market. As industries continue to prioritize performance, reliability, and cost-effectiveness in fluid handling solutions, high-performance butterfly valves remain at the forefront, driving the growth of this segment in the butterfly valves market.
The eccentric butterfly valves segment is the fastest-growing segment in the butterfly valves market, propelled by several factors contributing to its accelerated adoption across diverse industrial applications. Eccentric butterfly valves are distinguished by their unique design, featuring an off-center shaft that allows for tighter sealing and reduced friction during operation. This innovative mechanism enhances the valve's performance under high-pressure and high-temperature conditions, making it particularly well-suited for critical processes in industries such as oil and gas, power generation, and chemical processing. Furthermore, the eccentric design minimizes wear and tear on the valve components, leading to extended service life and reduced maintenance requirements, thereby offering significant cost savings over the long term. Additionally, the growing demand for precise flow control and reliable shut-off capabilities drives the preference for eccentric butterfly valves, especially in applications where safety and efficiency are paramount. As industries continue to prioritize performance, reliability, and operational efficiency in fluid handling systems, the eccentric butterfly valves segment experiences robust growth, fueled by its superior design and versatile applications across a wide range of industrial sectors.
The on/off valves segment is the largest segment in the butterfly valves market, owing to its widespread adoption across various industries for fundamental fluid control applications. On/off valves play a critical role in regulating the flow of fluids by either allowing full flow or completely shutting off the flow stream. This simplicity in function makes them indispensable in numerous industrial processes, including water and wastewater treatment, oil and gas pipelines, and HVAC systems. Their straightforward operation and reliability make them the preferred choice for applications where precision control is not necessary, but dependable shut-off capabilities are paramount. Further, the cost-effectiveness and ease of maintenance associated with on/off valves further contribute to their dominance in the market. As industries continue to prioritize efficiency and operational reliability, the on/off valves segment maintains its position as the largest segment in the butterfly valves market, driven by its essential role in ensuring fluid flow control across a wide range of industrial applications.
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Alfa-Laval Corporate AB
AVK Group
Cameron
Crane Co.
Curtiss-Wright Corp
Emerson Electric Co.
Flowserve Corp
KSB Group
Velan Inc
Weir Group
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Butterfly Valves Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Butterfly Valves Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Butterfly Valves Market Share by Company, 2023
4.1.2. Product Offerings of Leading Butterfly Valves Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Butterfly Valves Market Drivers
6.2. Butterfly Valves Market Challenges
6.6. Butterfly Valves Market Opportunities
6.4. Butterfly Valves Market Trends
Chapter 7. Global Butterfly Valves Market Outlook Trends
7.1. Global Butterfly Valves Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Butterfly Valves Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Butterfly Valves Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Chapter 8. Global Butterfly Valves Regional Analysis and Outlook
8.1. Global Butterfly Valves Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Butterfly Valves Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Butterfly Valves Regional Analysis and Outlook
8.2.2. Canada Butterfly Valves Regional Analysis and Outlook
8.2.3. Mexico Butterfly Valves Regional Analysis and Outlook
8.3. Europe Butterfly Valves Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Butterfly Valves Regional Analysis and Outlook
8.3.2. France Butterfly Valves Regional Analysis and Outlook
8.3.3. United Kingdom Butterfly Valves Regional Analysis and Outlook
8.3.4. Spain Butterfly Valves Regional Analysis and Outlook
8.3.5. Italy Butterfly Valves Regional Analysis and Outlook
8.3.6. Russia Butterfly Valves Regional Analysis and Outlook
8.3.7. Rest of Europe Butterfly Valves Regional Analysis and Outlook
8.4. Asia Pacific Butterfly Valves Revenue (USD Million) by Country (2021-2032)
8.4.1. China Butterfly Valves Regional Analysis and Outlook
8.4.2. Japan Butterfly Valves Regional Analysis and Outlook
8.4.3. India Butterfly Valves Regional Analysis and Outlook
8.4.4. South Korea Butterfly Valves Regional Analysis and Outlook
8.4.5. Australia Butterfly Valves Regional Analysis and Outlook
8.4.6. South East Asia Butterfly Valves Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Butterfly Valves Regional Analysis and Outlook
8.5. South America Butterfly Valves Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Butterfly Valves Regional Analysis and Outlook
8.5.2. Argentina Butterfly Valves Regional Analysis and Outlook
8.5.3. Rest of South America Butterfly Valves Regional Analysis and Outlook
8.6. Middle East and Africa Butterfly Valves Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Butterfly Valves Regional Analysis and Outlook
8.6.2. Africa Butterfly Valves Regional Analysis and Outlook
Chapter 9. North America Butterfly Valves Analysis and Outlook
9.1. North America Butterfly Valves Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Butterfly Valves Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Butterfly Valves Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Butterfly Valves Revenue (USD Million) by Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Chapter 10. Europe Butterfly Valves Analysis and Outlook
10.1. Europe Butterfly Valves Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Butterfly Valves Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Butterfly Valves Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Butterfly Valves Revenue (USD Million) by Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Chapter 11. Asia Pacific Butterfly Valves Analysis and Outlook
11.1. Asia Pacific Butterfly Valves Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Butterfly Valves Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Butterfly Valves Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Butterfly Valves Revenue (USD Million) by Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Chapter 12. South America Butterfly Valves Analysis and Outlook
12.1. South America Butterfly Valves Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Butterfly Valves Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Butterfly Valves Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Butterfly Valves Revenue (USD Million) by Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Chapter 13. Middle East and Africa Butterfly Valves Analysis and Outlook
13.1. Middle East and Africa Butterfly Valves Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Butterfly Valves Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Butterfly Valves Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Butterfly Valves Revenue (USD Million) by Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Chapter 14. Butterfly Valves Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Alfa-Laval Corporate AB
AVK Group
Cameron
Crane Co.
Curtiss-Wright Corp
Emerson Electric Co.
Flowserve Corp
KSB Group
Velan Inc
Weir Group
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Butterfly Valves Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Butterfly Valves Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Butterfly Valves Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Butterfly Valves Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Butterfly Valves Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Butterfly Valves Market Share (%) By Regions (2021-2032)
Table 12 North America Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Table 15 South America Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Table 17 North America Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Table 18 North America Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Table 19 North America Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Table 26 South America Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Table 27 South America Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Table 28 South America Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Butterfly Valves Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Butterfly Valves Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Butterfly Valves Market Share (%) By Regions (2023)
Figure 6. North America Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 12. France Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 12. China Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 14. India Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Butterfly Valves Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Butterfly Valves Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Butterfly Valves Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Butterfly Valves Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Butterfly Valves Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Butterfly Valves Revenue (USD Million) By Product (2021-2032)
By Type
High-performance
Lined
By Mechanism
Eccentric Valves
Centric Valves
By Function
On/Off Valves
Control Valves
By Application
Oil & Gas
Water & Wastewater
Chemicals
Power Generation
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Butterfly Valves Market Size is valued at $11.4 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.8% to reach $16.6 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Alfa-Laval Corporate AB, AVK Group, Cameron, Crane Co., Curtiss-Wright Corp, Emerson Electric Co., Flowserve Corp, KSB Group, Velan Inc, Weir Group
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume