버터플라이 밸브 시장 규모, 점유율, 성장 분석 : 밸브 유형별, 조작 기구별, 재질별, 최종 용도 산업별, 지역별 - 산업 예측(2025-2032년)

Global Butterfly Valve Market size was valued at USD 11.1 billion in 2023 and is poised to grow from USD 12.79 billion in 2024 to USD 39.66 billion by 2032, growing at a CAGR of 15.2% during the forecast period (2025-2032).

The global butterfly valve market is influenced by various dynamics, notably the rise of industrial automation and the transition towards smart, IoT-enabled flow control systems. Industries are increasingly adopting remotely operated valves to minimize human intervention and operational risks. Urbanization and infrastructure developments in emerging regions, particularly in Asia-Pacific and Latin America, are driving the demand for water and wastewater treatment facilities, with butterfly valves being favored for their cost-effectiveness, ease of installation, and capability to handle substantial water flow rates. Additionally, stringent emission regulations across sectors such as oil and gas, power, chemical processing, and food and beverage are propelling market expansion. The emphasis on high-performance, durable designs resistant to corrosion also compels manufacturers to innovate and enhance valve technologies.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Butterfly Valve market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Butterfly Valve Market Segments Analysis

Global Butterfly Valve Market is segmented by Valve Type, Operation Mechanism, Material, End-Use Industry and region. Based on Valve Type, the market is segmented into Centric Butterfly Valves, Double-Offset Butterfly Valves and Triple-Offset/High-Performance Butterfly Valves. Based on Operation Mechanism, the market is segmented into Manual Actuation, Pneumatic Actuation, Electric Actuation and Hydraulic Actuation. Based on Material, the market is segmented into Rubber-Lined, Plastic/Polymer-Lined and Metal-Seated. Based on End-Use Industry, the market is segmented into Oil & Gas, Water & Wastewater Treatment, Power Generation, Chemicals & Petrochemicals, Food & Beverage, HVAC / Building Services and Other. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Butterfly Valve Market

One of the key market drivers for the global butterfly valve market is the rising demand for efficient fluid control solutions across various industries, including oil and gas, water and wastewater management, and power generation. As these industries expand, the need for reliable, energy-efficient, and space-saving valve technologies becomes increasingly critical. Butterfly valves offer advantages such as quick operation, low pressure drop, and reduced maintenance requirements, making them an attractive choice for companies aiming to optimize processes and minimize operational costs. Additionally, regulatory pressures for improved safety and environmental standards further propel the adoption of advanced butterfly valve systems in industrial applications.

Restraints in the Global Butterfly Valve Market

One significant restraint on the global butterfly valve market is the increasing competition from alternative valve technologies, such as ball valves and gate valves, which are often perceived as more robust and reliable in high-pressure or high-temperature applications. This competitive pressure can inhibit the growth of butterfly valves, especially in industries where safety and performance are critical. Moreover, fluctuations in raw material prices can impact manufacturing costs, leading to price volatility that may deter potential buyers from choosing butterfly valves. Additionally, stringent regulatory standards for valve performance and materials can further complicate market expansion efforts.

Market Trends of the Global Butterfly Valve Market

The Global Butterfly Valve market is experiencing a significant shift towards the integration of IoT and smart technology. Manufacturers are increasingly developing advanced butterfly valves equipped with sensors, wireless connectivity, and diagnostic capabilities, enabling real-time data access and remote management. This trend is particularly prevalent among utilities and operators in sectors such as water, power, storage, and oil & gas, as companies seek to enhance asset reliability, optimize process performance, and minimize unplanned downtime. As the push for Industry 4.0 continues to reshape operational landscapes, smart butterfly valves are emerging as crucial components for future-ready infrastructure and efficient operations globally.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Assessment
• Regulatory Landscape

Global Butterfly Valve Market Size by Valve Type & CAGR (2025-2032)

• Market Overview
• Centric Butterfly Valves
• Double-Offset Butterfly Valves
• Triple-Offset/High-Performance Butterfly Valves

Global Butterfly Valve Market Size by Operation Mechanism & CAGR (2025-2032)

• Market Overview
• Manual Actuation
• Pneumatic Actuation
• Electric Actuation
• Hydraulic Actuation

Global Butterfly Valve Market Size by Material & CAGR (2025-2032)

• Market Overview
• Rubber-Lined
• Plastic/Polymer-Lined
• Metal-Seated

Global Butterfly Valve Market Size by End-Use Industry & CAGR (2025-2032)

• Market Overview
• Oil & Gas
• Water & Wastewater Treatment
• Power Generation
• Chemicals & Petrochemicals
• Food & Beverage
• HVAC / Building Services
• Other

Global Butterfly Valve Market Size & CAGR (2025-2032)

• North America (Valve Type, Operation Mechanism, Material, End-Use Industry)
  • US
  • Canada
• Europe (Valve Type, Operation Mechanism, Material, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Valve Type, Operation Mechanism, Material, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Valve Type, Operation Mechanism, Material, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Valve Type, Operation Mechanism, Material, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Emerson Electric Co.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Flowserve Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Crane Co.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Velan Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Weir Group PLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• L&T Valves Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hobbs Valve
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JC Fabrica de Valvulas S.A.U.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dembla Valves Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Neles Corporation (Valmet)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alfa Laval Corp.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Samson Controls GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JOHNSON Valves Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KB Valves Technology Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tomoe Valve Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Forum Energy Technologies
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Baker Hughes
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IMI Plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Flow-Tite Valves
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Curtiss-Wright Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations