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Butterfly Valve Market Share

Report ID: GMI10192
Published Date: Jul 2024
Report Format: PDF

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Butterfly Valve Market Share

Global Butterfly Valve Company Market Share Analysis, 2023

Butterfly Valve industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Emerson Electric Co., Flowserve Corporation, Grundfos, Xylem, AVK Group, Crane Co., Alfa Laval, Neles collectively held around 10%-15% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Butterfly Valve Market Companies

Major players operating in the butterfly valve industry are:

Alfa Laval
AVK Group
Bray International, Inc.
Crane Co.
Curtiss-Wright Corporation
DeZURIK, Inc.
Emerson Electric Co.
Flowserve Corporation
Grundfos
Honeywell International Inc.
Neles
SPX FLOW, Inc.
Velan Inc.
Weir Group
Xylem

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of butterfly valve was reached USD 10.8 billion in 2023 and is expected to register 5% CAGR from 2024 to 2032, owing to its use in applications requiring stainless steel variants due to their high-pressure tolerance and minimal maintenance needs worldwide.

Butterfly valve industry from the plastic lined segment is expected to cross USD 7.8 billion by 2032, due to offering exceptional resistance to a broad spectrum of corrosive chemicals, making them suitable for highly aggressive environments.

North America butterfly valve industry is likely to exceed USD 4.4 billion by 2032, due to the region being a significant producer and consumer of oil and gas and therefore, having extensive usage of butterfly valve.

AVK Group, Bray International, Inc., Crane Co., Curtiss-Wright Corporation, DeZURIK, Inc., Emerson Electric Co., Flowserve Corporation, Grundfos, Honeywell International Inc., Neles, SPX FLOW, Inc., Velan Inc., Weir Group, and Xylem, are some of the major butterfly valve companies worldwide.