Butterfly Valve Market PDF: Upcoming Trends, Demand, Regional Analysis

1. Global Butterfly Valve Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Butterfly Valve Market Outlook 2026: According to the latest report by IMARC Group, titled "Butterfly Valve Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global butterfly valve market reached a value of US$ 9.39 Billion in 2020. A butterfly valve refers to a quarter-turn rotational motion valve that is employed to start, regulate and stop the flow of fluids in pipelines. Comprising two semi-circular discs hinged at the center, it also consists of a seal, actuator, gears and a stem that is connected to a handle on the outside of the valve. The disc positioned at the center of the connected pipe becomes perpendicular to the flow and is sealed by the valve seat when in a closed position. These kinds of valves are available in varied sizes and require low maintenance. They are also lightweight, cost-effective, highly reliable, and easy to operate. As a result, they find extensive applications across numerous industry verticals, including oil and gas, chemical, power generation, and wastewater treatment. Request for a free sample report: https://www.imarcgroup.com/butterfly-valve- market/requestsample

4. Report Description and Highlights Report Description Global Butterfly Valve Market Trends: The global market is primarily driven by the increasing automation in the oil and gas industry. Butterfly valves are increasingly utilized in the sector for extracting crude oil and gas in refineries and oil terminals while enhancing the overall efficiency of industrial production processes at the same time. Apart from this, these valves are extensively used in power generation applications across the globe. Supported by increasing investments in the power sector by various public and private organizations, this is expected to provide an impetus to the market growth. The rapid expansion of several smart city projects is also expected to facilitate the uptake of butterfly valves. The market is further driven by the advent of technologically advanced product variants in the market. For instance, double eccentric and triple offset valves are gaining widespread prominence among end users as they can operate under extreme temperatures and pressures. Certain players are also equipping these valves with a vulcanized liner. They have a combined hexagon connection for the disc and the shaft, which is expected to lower the operating torque. Some of the other factors contributing to the market growth include extensive research and development (R&D) activities, rising utilization of 3D printing technology for production processes and the widespread adoption of the Industrial Internet of Things (IIoT).

5. Report Description Report Description and Highlights Some of the other factors contributing to the market growth include extensive research and development (R&D) activities, rising utilization of 3D printing technology for production processes and the widespread adoption of the Industrial Internet of Things (IIoT). Market Summary: Breakup by Product Type: • Rubber Lined Butterfly Valve • Plastic Lined Butterfly Valve • Metal Lined Butterfly Valve Breakup by Material Type: • Stainless Steel • Cast Iron • Aluminium • Others

6. Report Description Report Description and Highlights Breakup by Design: • Centric Butterfly Valve • Single-Eccentric Butterfly Valve • Double-Eccentric Butterfly Valve • Triple-Eccentric Butterfly Valve Breakup by Function: • On/Off Valve • Control Valve Breakup by End-Use Industry: • Oil and Gas Industry • Water and Wastewater Industry • Power Generation Industry • Chemical Industry • Others

7. Report Description Report Description and Highlights Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa On account of the aforementioned factors, the market is anticipated to reach a value of US$ 12.79 Billion by 2026, exhibiting a CAGR of 4.25% during 2021-2026.

8. Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • Alfa Laval Corporate AB • Curtiss-Wright Corporation • Flowserve Corporation • Emerson Electric Co. • Pentair PLC • Weir Group PLC • AVK Group A/S • Crane Company • Schlumberger Limited • Velan, Inc. • KSB SE & Co. KGaA • Honeywell International Inc. View Report TOC, Figures and Tables: https://www.imarcgroup.com/butterfly-valve-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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