The butterfly valves are quarter-turn rotational valves that are used to start, stop and regulate the flow of fluid. The key characteristics of these valves are fast operation and low-pressure drop. These valves require a quarter turn to switch between open and closed positions. There are different types of butterfly valves, namely zero-offset, double offset, triple offset butterfly valves. These valves are used in a wide array of applications including vacuum services, steam services, slurry services, compressed or cooling gas applications, for ships, carburetors, hydroelectric power stations and firefighting applications.
MARKET DYNAMICS
The butterfly valves market is anticipated to grow in the forecast period owing to driving factors such as high demands due to major industrial applications and oil and gas industry in particular. Moreover, the market is further likely to expand on account of the growing need for automation in process industries. However, the high probability of cavitation and choke may hamper the growth of the butterfly valves market. Nonetheless, emerging economies are likely to showcase significant opportunities for the butterfly valves market during the forecast period.
MARKET SCOPE
The "Global Butterfly Valves Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of butterfly valves market with detailed market segmentation by type, mechanism, function, end-use industry and geography. The global butterfly valves market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading butterfly valves market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global butterfly valves market is segmented on the basis of type, mechanism, function and end-use industry. Based on type, the market is segmented as high-performance and lined. By mechanism, the market is segmented as centric and eccentric. On the basis of the function, the market is segmented as on/off and control. The market on the basis of the end-use industry is classified as oil & gas, electric power, chemical, water & waste water and others.
(image)
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global butterfly valves market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The butterfly valves market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting butterfly valves market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the butterfly valves market in these regions.
(image)
MARKET PLAYERSThe reports cover key developments in the butterfly valves market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from butterfly valves market are anticipated to lucrative growth opportunities in the future with the rising demand for butterfly valves in the global market. Below mentioned is the list of few companies engaged in the butterfly valves market.
The report also includes the profiles of key butterfly valves companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-Alfa Laval AB
-AVK Holding A/S
-Crane Co.
-Curtiss-Wright Corporation
-Emerson Electric Co.
-Flowserve Corporation
-KSB SE & Co. KGaA
-Schlumberger Limited
-The Weir Group PLC
-Velan Inc.
(image)