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Butterfly Valve Market

Butterfly Valve Market - Global Market Share, Trends, Analysis and Forecast 2023 – 2032
Frequently asked questions about this report

The key factors driving the use of butterfly valves include efficient flow control, low maintenance, versatility, cost-effectiveness, and energy efficiency.

Major players operating in the global butterfly valve market include Alfa Laval Corporate, Curtiss-Wright, Flowserve, Emerson Electric, Pentair, Weir Group, AVK Group, Crane Company, Schlumberger, Velan, KSB, Honeywell, etc.,  and others.

The North American market for butterfly valves is expected to grow due to the increasing demand for efficient flow control solutions across various industries such as oil and gas, water and wastewater, and chemical.

The butterfly valve market was estimated to be US$ 11.50 Billion in 2022.

The butterfly valve market is expected grow at a CAGR of 6.3% between 2023 to 2032.

The largest segment in the butterfly valve market by end-user is the oil and gas industry. This is due to the large-scale usage of butterfly valves in upstream, midstream, and downstream processes in the oil and gas industry.

Lined butterfly valves is the fastest growing segment as industries continue to seek out cost-effective and reliable solutions for fluid control.