The butterfly valves market size has grown strongly in recent years. It will grow from $11.1 billion in 2024 to $11.81 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to industrialization and infrastructure development, focus on energy efficiency, increased adoption in HVAC systems, globalization of trade, fire protection systems, rise in mining and metals sector.
The butterfly valves market size is expected to see strong growth in the next few years. It will grow to $15.53 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing focus on water security, expansion of renewable energy, demand for low-maintenance valves, advancements in material sciences, hydraulic fracturing in oil and gas, focus on emission reduction in industries. Major trends in the forecast period include advancements in valve technologies, increasing emphasis on automation, adoption of triple offset butterfly valves, customization and tailored solutions, market consolidation and strategic partnerships.
The growing demand for butterfly valves in the oil and gas industry is expected to drive the butterfly valve market forward. Valves are crucial components in the oil and gas sector, serving essential functions in every piping system, including controlling flow rates, isolating and securing equipment, and directing crude oil processing. An increase in both upstream and downstream activities in the oil and gas sector will contribute to a higher demand for valves. For example, in September 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that global oil demand rose by 800,000 barrels per day (kb/d) during the first half of 2023, which is lower than the projected growth of 2.3 million barrels per day (mb/d) for that year. Demand is expected to increase by 900 kb/d in 2024 and by 950 kb/d in 2025. Consequently, the butterfly valve market is expanding in response to the rising demand from the oil and gas industry.
The butterfly valves market is expected to experience growth propelled by the escalating instances of wastewater. Wastewater, generated from diverse applications and processes, necessitates effective flow regulation, especially in large-diameter pipes within wastewater treatment facilities. Butterfly valves emerge as a cost-effective solution for regulating flow and controlling wastewater movement during the treatment process. Notably, in May 2022, ReliefWeb reported a global production of 380 billion m3 of municipal wastewater annually, with projections indicating a 24% increase by 2030 and a 51% rise by 2050. This upsurge in wastewater instances is a key factor contributing to the growth of the butterfly valves market.
Major companies in the butterfly valves market are concentrating on developing innovative solutions, such as double-offset butterfly valves, to improve efficiency and performance. Double-offset butterfly valves are a specific valve design in which the shaft is positioned off-center from both the valve body and the disc. For example, in August 2024, Kingdom Flow Control Co., a UK-based manufacturer and exporter of industrial equipment, introduced double-offset butterfly valves featuring a unique stem and disc design that minimizes seat wear, reduces torque, and prolongs service life. These valves are suitable for both shut-off and regulation applications, providing bi-directional sealing performance and lower operational torque. Key features include adjustable live-loaded stem sealing, an anti-static design, an anti-blowout stem for enhanced safety, friction-free operation, and easy maintenance for seat replacement.
Major companies in the butterfly valves market are concentrating on introducing sustainable solutions with advanced technological features, such as control butterfly valves, to gain a competitive advantage. Control butterfly valves are a specific type designed for precise flow regulation in piping systems. For instance, in March 2024, REHVA Supporter Belimo, a Switzerland-based manufacturer of field devices, launched a new series of control butterfly valves intended for HVAC systems, available in sizes DN 100 to DN 150 (4 to 6 inches). These valves are designed to optimize heating and cooling water circuits while enhancing energy efficiency and reducing operational costs. They can function as both 2-way and 3-way control valves, making them versatile for mixing and distribution applications. Equipped with a high-performance actuator featuring intelligent control capabilities, these valves ensure precise operation and easy installation, making them ideal for critical environments such as hospitals and data centers.
In October 2023, AVK Holding A/S, a Denmark-based industrial company, acquired Belgicast Internacional, S.L. for an undisclosed amount. This acquisition is intended to strengthen AVK Holding's market position in the water industry by broadening its product range and capabilities, particularly in desalination technology. Additionally, the company aims to leverage the established brands and expertise of Belgicast to support growth and enhance service quality across various markets. Belgicast specializes in manufacturing gate valves, check valves, and butterfly valves.
Major companies operating in the butterfly valves market are Emerson Electric Co., Flowserve Corporation, Alfa Laval AB, AVK Holding A/S, Crane Co., Bray International Inc., Conbraco Industries Inc., Milwaukee Valve Company Inc., Anvil International LLC, Hayward Industries Inc., NIBCO Inc., Valworx Inc., Curtiss-Wright Corporation, ASEPCO, Schlumberger Limited, XHVAL Industrial Valve Manufacturing Co. Ltd., Huamei Machinery Limited, Flexachem Manufacturing Ltd., Valmet Corporation, Thermoplastic Valves Inc., PR Valves LLC, Lumaco Sanitary Valves, Centec LLC, Erdmann Corporation, World Wide Metric Inc., Jamieson Equipment Co. Inc., Cipriani Harrison Valves Corp., Xylem Inc., Ryan Herco Flow Solutions, Cargil Inc.
Asia-Pacific was the largest region in the butterfly valves market share in 2024. The regions covered in the butterfly valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the butterfly valves market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Butterfly valves represent a category of quarter-turn rotational motion devices characterized by a rotating curved surface or a pair of hinged semicircular plates connected by a transverse spindle and situated within a pipe.
There are two main types of butterfly valves such as high-performance butterfly valves and lined butterfly valves. A high-performance butterfly valve is a specific type of valve where the stem is offset from the center of the disc rather than being collinear with it. These valves serve purposes such as shutoff and throttling control. They come in both centric and eccentric mechanizations and find applications as on and off valves and control valves in various industries, including oil and gas, electric power, water and wastewater, chemicals, and other sectors.
The butterfly valves market research report is one of a series of new reports that provides butterfly valves market statistics, including butterfly valves industry global market size, regional shares, competitors with a butterfly valves market share, detailed butterfly valves market segments, market trends and opportunities, and any further data you may need to thrive in the butterfly valves industry. This butterfly valves market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The butterfly valves market consists of sales of rubber lined butterfly valve, plastic lined butterfly valve and metal lined butterfly valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The butterfly valves market size is expected to see strong growth in the next few years. It will grow to $15.53 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing focus on water security, expansion of renewable energy, demand for low-maintenance valves, advancements in material sciences, hydraulic fracturing in oil and gas, focus on emission reduction in industries. Major trends in the forecast period include advancements in valve technologies, increasing emphasis on automation, adoption of triple offset butterfly valves, customization and tailored solutions, market consolidation and strategic partnerships.
The growing demand for butterfly valves in the oil and gas industry is expected to drive the butterfly valve market forward. Valves are crucial components in the oil and gas sector, serving essential functions in every piping system, including controlling flow rates, isolating and securing equipment, and directing crude oil processing. An increase in both upstream and downstream activities in the oil and gas sector will contribute to a higher demand for valves. For example, in September 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that global oil demand rose by 800,000 barrels per day (kb/d) during the first half of 2023, which is lower than the projected growth of 2.3 million barrels per day (mb/d) for that year. Demand is expected to increase by 900 kb/d in 2024 and by 950 kb/d in 2025. Consequently, the butterfly valve market is expanding in response to the rising demand from the oil and gas industry.
The butterfly valves market is expected to experience growth propelled by the escalating instances of wastewater. Wastewater, generated from diverse applications and processes, necessitates effective flow regulation, especially in large-diameter pipes within wastewater treatment facilities. Butterfly valves emerge as a cost-effective solution for regulating flow and controlling wastewater movement during the treatment process. Notably, in May 2022, ReliefWeb reported a global production of 380 billion m3 of municipal wastewater annually, with projections indicating a 24% increase by 2030 and a 51% rise by 2050. This upsurge in wastewater instances is a key factor contributing to the growth of the butterfly valves market.
Major companies in the butterfly valves market are concentrating on developing innovative solutions, such as double-offset butterfly valves, to improve efficiency and performance. Double-offset butterfly valves are a specific valve design in which the shaft is positioned off-center from both the valve body and the disc. For example, in August 2024, Kingdom Flow Control Co., a UK-based manufacturer and exporter of industrial equipment, introduced double-offset butterfly valves featuring a unique stem and disc design that minimizes seat wear, reduces torque, and prolongs service life. These valves are suitable for both shut-off and regulation applications, providing bi-directional sealing performance and lower operational torque. Key features include adjustable live-loaded stem sealing, an anti-static design, an anti-blowout stem for enhanced safety, friction-free operation, and easy maintenance for seat replacement.
Major companies in the butterfly valves market are concentrating on introducing sustainable solutions with advanced technological features, such as control butterfly valves, to gain a competitive advantage. Control butterfly valves are a specific type designed for precise flow regulation in piping systems. For instance, in March 2024, REHVA Supporter Belimo, a Switzerland-based manufacturer of field devices, launched a new series of control butterfly valves intended for HVAC systems, available in sizes DN 100 to DN 150 (4 to 6 inches). These valves are designed to optimize heating and cooling water circuits while enhancing energy efficiency and reducing operational costs. They can function as both 2-way and 3-way control valves, making them versatile for mixing and distribution applications. Equipped with a high-performance actuator featuring intelligent control capabilities, these valves ensure precise operation and easy installation, making them ideal for critical environments such as hospitals and data centers.
In October 2023, AVK Holding A/S, a Denmark-based industrial company, acquired Belgicast Internacional, S.L. for an undisclosed amount. This acquisition is intended to strengthen AVK Holding's market position in the water industry by broadening its product range and capabilities, particularly in desalination technology. Additionally, the company aims to leverage the established brands and expertise of Belgicast to support growth and enhance service quality across various markets. Belgicast specializes in manufacturing gate valves, check valves, and butterfly valves.
Major companies operating in the butterfly valves market are Emerson Electric Co., Flowserve Corporation, Alfa Laval AB, AVK Holding A/S, Crane Co., Bray International Inc., Conbraco Industries Inc., Milwaukee Valve Company Inc., Anvil International LLC, Hayward Industries Inc., NIBCO Inc., Valworx Inc., Curtiss-Wright Corporation, ASEPCO, Schlumberger Limited, XHVAL Industrial Valve Manufacturing Co. Ltd., Huamei Machinery Limited, Flexachem Manufacturing Ltd., Valmet Corporation, Thermoplastic Valves Inc., PR Valves LLC, Lumaco Sanitary Valves, Centec LLC, Erdmann Corporation, World Wide Metric Inc., Jamieson Equipment Co. Inc., Cipriani Harrison Valves Corp., Xylem Inc., Ryan Herco Flow Solutions, Cargil Inc.
Asia-Pacific was the largest region in the butterfly valves market share in 2024. The regions covered in the butterfly valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the butterfly valves market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Butterfly valves represent a category of quarter-turn rotational motion devices characterized by a rotating curved surface or a pair of hinged semicircular plates connected by a transverse spindle and situated within a pipe.
There are two main types of butterfly valves such as high-performance butterfly valves and lined butterfly valves. A high-performance butterfly valve is a specific type of valve where the stem is offset from the center of the disc rather than being collinear with it. These valves serve purposes such as shutoff and throttling control. They come in both centric and eccentric mechanizations and find applications as on and off valves and control valves in various industries, including oil and gas, electric power, water and wastewater, chemicals, and other sectors.
The butterfly valves market research report is one of a series of new reports that provides butterfly valves market statistics, including butterfly valves industry global market size, regional shares, competitors with a butterfly valves market share, detailed butterfly valves market segments, market trends and opportunities, and any further data you may need to thrive in the butterfly valves industry. This butterfly valves market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The butterfly valves market consists of sales of rubber lined butterfly valve, plastic lined butterfly valve and metal lined butterfly valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Butterfly Valves Market Characteristics3. Butterfly Valves Market Trends and Strategies4. Butterfly Valves Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Butterfly Valves Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Butterfly Valves Market34. Recent Developments in the Butterfly Valves Market
5. Global Butterfly Valves Growth Analysis and Strategic Analysis Framework
6. Butterfly Valves Market Segmentation
7. Butterfly Valves Market Regional and Country Analysis
8. Asia-Pacific Butterfly Valves Market
9. China Butterfly Valves Market
10. India Butterfly Valves Market
11. Japan Butterfly Valves Market
12. Australia Butterfly Valves Market
13. Indonesia Butterfly Valves Market
14. South Korea Butterfly Valves Market
15. Western Europe Butterfly Valves Market
16. UK Butterfly Valves Market
17. Germany Butterfly Valves Market
18. France Butterfly Valves Market
19. Italy Butterfly Valves Market
20. Spain Butterfly Valves Market
21. Eastern Europe Butterfly Valves Market
22. Russia Butterfly Valves Market
23. North America Butterfly Valves Market
24. USA Butterfly Valves Market
25. Canada Butterfly Valves Market
26. South America Butterfly Valves Market
27. Brazil Butterfly Valves Market
28. Middle East Butterfly Valves Market
29. Africa Butterfly Valves Market
30. Butterfly Valves Market Competitive Landscape and Company Profiles
31. Butterfly Valves Market Other Major and Innovative Companies
35. Butterfly Valves Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Butterfly Valves Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on butterfly valves market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for butterfly valves? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The butterfly valves market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: High-Performance Butterfly Valves; Lined Butterfly Valves2) by Mechanism: Centric Valves (Zero Offset Butterfly Valves); Eccentric Valves
3) by Function: on or Off Valves; Control Valves
4) by End User: Oil and Gas; Electric Power; Water and Wastewater; Chemical; Other End Users
Subsegments:
1) by High-Performance Butterfly Valves: Double Offset Butterfly Valves; Triple Offset Butterfly Valves2) by Lined Butterfly Valves: PTFE Lined Butterfly Valves; Rubber Lined Butterfly Valves
Key Companies Mentioned: Emerson Electric Co.; Flowserve Corporation; Alfa Laval AB; AVK Holding a/S; Crane Co.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Butterfly Valves market report include:- Emerson Electric Co.
- Flowserve Corporation
- Alfa Laval AB
- AVK Holding A/S
- Crane Co.
- Bray International Inc.
- Conbraco Industries Inc.
- Milwaukee Valve Company Inc.
- Anvil International LLC
- Hayward Industries Inc.
- NIBCO Inc.
- Valworx Inc.
- Curtiss-Wright Corporation
- ASEPCO
- Schlumberger Limited
- XHVAL Industrial Valve Manufacturing Co. Ltd.
- Huamei Machinery Limited
- Flexachem Manufacturing Ltd.
- Valmet Corporation
- Thermoplastic Valves Inc.
- PR Valves LLC
- Lumaco Sanitary Valves
- Centec LLC
- Erdmann Corporation
- World Wide Metric Inc.
- Jamieson Equipment Co. Inc.
- Cipriani Harrison Valves Corp.
- Xylem Inc.
- Ryan Herco Flow Solutions
- Cargil Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 11.81 Billion |
| Forecasted Market Value ( USD | $ 15.53 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |
