Discover trends, market shifts, and competitive outlooks for the butterfly valves industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has The Butterfly Valves Market Growth Evolved From 2024 To 2025, And What’s Ahead?

The market for butterfly valves has seen a substantial expansion in the past years. Its size is predicted to rise from $11.1 billion in 2024 to $11.81 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. The significant expansion during the historic period is due to factors such as industrial growth and infrastructural development, emphasis on energy efficiency, widespread use in HVAC systems, the globalization of commerce, fire safety systems, and the growth in the mining and metals industry.

Anticipated to witness robust growth in the coming years, the butterfly valves market is forecasted to escalate to a size of $15.53 billion by the year 2029, growing at a compound annual rate (CAGR) of 7.1%. Several factors contributing to this growth during the forecast period include increased attention towards water security, growth in renewable energy, the need for valves that require less upkeep, progress in material science, and the application of hydraulic fracturing in the oil and gas sector. Noteworthy trends during the forecasted phase comprise advancements in valve technologies, heightened focus on automation, increasing acceptance of triple offset butterfly valves, customized and tailored solutions along with market consolidation and strategic alliances.

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What are the Fundamental Drivers and Innovations Shaping the Butterfly Valves Market?

The butterfly valve market’s growth is being driven by a surge in demand from the oil and gas sector. Within this industry, valves are a critical component of all piping systems, playing a crucial role in controlling flow rates, isolating and protecting equipment, as well as guiding crude oil processing. The growth in upstream and downstream oil and gas activities will heighten the requirement for valves. For example, the International Energy Agency (IEA) oil, an intergovernmental organization based in France, reported that global oil demand in June 2023 had risen by 800,000 barrels per day (kb/d) in the first half of the year, a figure below the anticipated growth of 2.3 million barrels per day (mb/d) for 2023. Demand is expected to increase to 900 kb/d in 2024, and 950 kb/d in 2025. Consequently, the escalating demand from the oil and gas sector is fuelling the expansion of the butterfly valve market.

How Is the Butterfly Valves Market Segmented?

The butterfly valves market covered in this report is segmented –

1) By Type: High-Performance Butterfly Valves, Lined Butterfly Valves

2) 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 Valves

2) By Lined Butterfly Valves: PTFE Lined Butterfly Valves, Rubber Lined Butterfly Valves

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Which Regions Are Driving the Next Phase of the Butterfly Valves Market Growth?

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.

What Key Trends Are Shaping the Future of the Butterfly Valves Market?

Major corporations involved in the butterfly valves market are focusing their efforts on the creation of innovative solutions such as double-offset butterfly valves, with the aim of improving efficiency and performance. The term double-offset butterfly valves is used to refer to a specific valve design where the shaft isn’t centrally located with respect to either the valve body or the disc. For example, Kingdom Flow Control Co., a industrial equipment manufacturing and exporting company based in the UK, unveiled double offset butterfly valves in August 2024. These valves, which are distinguished by a unique stem and disc design, lessen seat wear, decrease torque, and extend service life. They are appropriate for both shut-off and regulatory usage, providing bi-directional sealing capabilities and reduced operational torque. Features include adjustable live-loaded stem sealing, an anti-static design, an anti-blowout stem for increased safety, a friction-free operation, and easy seat replacement maintenance.

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How Is the Butterfly Valves Market Defined and What Are Its Core Parameters?

Butterfly valves are a group of quarter-turn rotational motion mechanisms comprising a rotating curved surface or a pair of hinged semicircular plates connected by a transverse spindle and placed inside a pipe.

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