Product Code: GVR-4-68040-557-5
Butterfly Valve Market Growth & Trends:
The global butterfly valve market size is anticipated to reach USD 15.78 billion by 2030 and is anticipated to expand at a CAGR of 4.5% during the forecast period, according to a new report by Grand View Research, Inc., driven by several key factors that span across diverse end use industries. One of the primary drivers is the rising demand for industrial automation and process optimization. As industries such as oil and gas, power generation, water treatment, and chemical manufacturing increasingly adopt automated systems for enhanced control and efficiency, butterfly valves are becoming integral components due to their compatibility with actuators and control devices. Their quick shut-off capabilities and ease of integration into modern automated systems make them a preferred choice for flow regulation applications.
Another major growth factor is the expansion of water and wastewater treatment infrastructure worldwide. With growing concerns over water scarcity, urbanization, and environmental sustainability, governments and private sectors are investing heavily in water treatment and distribution systems. Butterfly valves, due to their compact design, reliability, and ability to handle a wide range of pressures and flow rates, are widely used in these systems for regulating water flow and isolating equipment during maintenance.
In addition, the butterfly valve market is supported by the ongoing developments in the oil and gas sector, particularly in emerging economies. Exploration activities, pipeline expansion, and the need for efficient transportation of oil and gas products necessitate robust valve solutions. Butterfly valves offer a lightweight and cost-effective alternative to traditional gate and ball valves, while still ensuring effective flow control, which is critical in high-pressure environments.
Lastly, infrastructure development and urban expansion are fueling the demand for HVAC systems, power plants, and industrial facilities, all of which rely on butterfly valves for efficient thermal and fluid management. The growing trend of energy efficiency and sustainability is also pushing industries to upgrade to modern valve technologies that support green operations. These factors collectively contribute to the positive outlook of the butterfly valve market globally.
Moreover, advancements in valve design and material technology are further propelling the growth of the butterfly valve market. Manufacturers are increasingly developing high-performance valves with enhanced durability, corrosion resistance, and sealing capabilities to meet the specific needs of various industrial applications. Innovations such as triple-offset butterfly valves and the use of advanced alloys and composites allow these valves to operate efficiently in extreme temperatures and aggressive chemical environments.
Butterfly Valve Market Report Highlights:
- The manual segment led the market and accounted for the largest revenue share of 41.2% in 2024, driven by its cost-effectiveness and simplicity of operation.
- The water & wastewater treatment segment dominated the market and accounted for the largest revenue share of 37.5% in 2024. Governments and municipal authorities across developed and developing countries are heavily investing in water treatment facilities, sewage systems, and desalination plants.
- Asia Pacific dominated the market and accounted for the largest revenue share of about 44.8% in 2024. The Asia Pacific butterfly valve market is experiencing robust growth due to rapid industrialization, urbanization, and increasing infrastructure development.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Billion)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Butterfly Valve Market Variables, Trends & Scope
- 3.1. Market Lineage/Ancillary Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Analyst Perspective
- 3.3.2. Regulations & Standards
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Butterfly Valve Market
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.6. Market Disruption Analysis
Chapter 4. Butterfly Valve Market: Function Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Function Movement Analysis & Market Share, 2024 & 2030
- 4.3. Global Butterfly Valve Market By Function, 2018 - 2030 (USD Million)
- 4.4. Manual
- 4.4.1. Butterfly Valve Market Estimates And Forecasts, by Manual 2018 - 2030 (USD Million)
- 4.5. Electric-actuated
- 4.5.1. Butterfly Valve Market Estimates And Forecasts, by Electric-actuated, 2018 - 2030 (USD Million)
- 4.6. Pneumatic-actuated
- 4.6.1. Butterfly Valve Market Estimates And Forecasts, by Pneumatic-actuated, 2018 - 2030 (USD Million)
- 4.7. Hydraulic-actuated
- 4.7.1. Butterfly Valve Market Estimates And Forecasts, by Hydraulic-actuated, 2018 - 2030 (USD Million)
Chapter 5. Butterfly Valve Market: End Use Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. End Use Movement Analysis & Market Share, 2024 & 2030
- 5.3. Global Butterfly Valve Market By End Use, 2018 - 2030 (USD Million)
- 5.4. Oil & Gas
- 5.4.1. Butterfly Valve Market Estimates And Forecasts, by Oil & Gas, 2018 - 2030 (USD Million)
- 5.5. Water & Wastewater Treatment
- 5.5.1. Butterfly Valve Market Estimates And Forecasts, by Water & Wastewater Treatment, 2018 - 2030 (USD Million)
- 5.6. Power Generation
- 5.6.1. Butterfly Valve Market Estimates And Forecasts, by Power Generation, 2018 - 2030 (USD Million)
- 5.7. Chemical
- 5.7.1. Butterfly Valve Market Estimates And Forecasts, by Chemical, 2018 - 2030 (USD Million)
- 5.8. Others
- 5.8.1. Butterfly Valve Market Estimates And Forecasts, by Others, 2018 - 2030 (USD Million)
Chapter 6. Butterfly Valve Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2024 & 2030
- 6.3. North America
- 6.3.1. North America Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. North America Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.3.3. North America Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. U.S. Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.3.4.3. U.S. Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Canada Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.3.5.3. Canada Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Mexico Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.3.6.3. Mexico Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Europe Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.4.3. Europe Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Germany Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Germany Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.4.4.3. Germany Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.5. UK
- 6.4.5.1. UK Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. UK Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.4.5.3. UK Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.6. France
- 6.4.6.1. France Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. France Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.4.6.3. France Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Italy Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Italy Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.4.7.3. Italy Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Spain Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.8.2. Spain Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.4.8.3. Spain Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Asia Pacific Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.5.3. Asia Pacific Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.4. China
- 6.5.4.1. China Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. China Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.5.4.3. China Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.5. India
- 6.5.5.1. India Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. India Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.5.5.3. India Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Japan Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.6.2. Japan Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.5.6.3. Japan Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. South Korea Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.7.2. South Korea Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.5.7.3. South Korea Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Central & South America Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.6.3. Central & South America Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Butterfly Valve Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Middle East & Africa Butterfly Valve Market Estimates And Forecasts, By Function, 2018 - 2030 (USD Million)
- 6.7.3. Middle East & Africa Butterfly Valve Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
Chapter 8. Competitive Landscape
- 8.1. Key Players, their Recent Developments, and their Impact on Industry
- 8.2. Competition Categorization
- 8.3. Company Market Position Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping, 2024
- 8.6. Company Listing
- 8.6.1. Alfa Laval Corporate AB
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Application Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Curtiss-Wright Corporation
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Application Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Flowserve Corporation
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Application Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Emerson Electric Co.
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Application Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Pentair PLC
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Application Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Weir Group PLC
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Application Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. AVK Group A/S
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Application Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Crane Company
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Application Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Schlumberger Limited
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Application Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. Velan, Inc
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Application Benchmarking
- 8.6.10.4. Strategic Initiatives
- 8.6.11. KSB SE & Co. KGaA
- 8.6.11.1. Company Overview
- 8.6.11.2. Financial Performance
- 8.6.11.3. Application Benchmarking
- 8.6.11.4. Strategic Initiatives
- 8.6.12. Honeywell International Inc.
- 8.6.12.1. Company Overview
- 8.6.12.2. Financial Performance
- 8.6.12.3. Application Benchmarking
- 8.6.12.4. Strategic Initiatives