High-Performance Butterfly Valve Market by Type (Fire-Safe, Metal Seat, Soft Seat), Mechanism (Centric Valves, Eccentric Valves), Pressure Class, Leakage Class, Function, End-User, Applications, Installation, Sales Channel - Global Forecast 2024-2030
The High-Performance Butterfly Valve Market size was estimated at USD 5.68 billion in 2023 and expected to reach USD 6.02 billion in 2024, at a CAGR 7.28% to reach USD 9.29 billion by 2030.
The high-performance butterfly valve is an advanced, versatile, and efficient control instrument designed to handle high pressures and temperatures, serving many industries that demand precise and reliable flow rate control. These valves are favored for their efficiency, durability, and lowered downtime, making them vital components in fluid control systems. With their efficiency, robustness, and reduced operational downtime, these valves are indispensable in fluid control systems, helping control the flow of varied fluids and gases in complex industrial environments. Rapid industrialization with an increased focus on efficient fluid flow systems creates significant demand for high-performance butterfly valves. In addition, increasing demand from oil & gas and chemical industry and growing utilization in water and wastewater treatment propel the market growth. The significant hurdles in advancing the market for high-performance butterfly valves include the expensive manufacturing process, technical challenges, and the intricate installation requirements associated with these valves. Advances in high-performance butterfly valve technology for improved flow control and efficiency offer potential growth in the market. In addition, introducing triple-offset high-performance butterfly valves suitable for a wide range of applications is expected to produce growth opportunities in the market.
Regional Insights
In the Americas, the demand for high-performance butterfly valves market significantly rises in industrial nations such as the United States and Canada. This surge can be attributed to the growing industrial and manufacturing sectors that utilize high-performance butterfly valves extensively in numerous operations. Such sectors include oil & gas, water and wastewater treatment, and power generation. The region's stringent environmental regulations further bolster the requirement for high-quality and durable equipment, such as high-performance butterfly valves. Rapid industrialization in countries such as China, India, Japan, and South Korea creates demand for high-performance butterfly valves in industries ranging from chemical, petrochemical, pulp, and paper to food and beverage. The vast population in this region also translates to escalated demands for clean water and electricity, which necessitates extensive usage of high-performance butterfly valves for efficient water and power management. In the EMEA region, Europe is the significant demand landscape for high-performance butterfly valves. The continent's considerable focus on technology incorporation and sustainability in industries spikes the demand. Key industries here include the automotive, shipping, pharmaceuticals, and chemicals sectors. Emerging markets such as Southeast Europe and parts of Africa also show promising prospects for high-performance butterfly valves' future demand owing to increasing infrastructure development and industrialization.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the High-Performance Butterfly Valve Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Rapid industrialization with an increased focus on efficient fluid flow systems
- Increasing demand from oil & gas and chemical industry
- Rising utilization in water and wastewater treatment
- Market Restraints
- High cost of manufacturing high-performance butterfly valves
- Market Opportunities
- Advances in high-performance butterfly valve technology for improved flow control and efficiency
- Introduction of triple-offset high-performance butterfly valves
- Market Challenges
- Technical issues and complex installation of high-performance butterfly valves
- Market Segmentation Analysis
- Mechanism: Burgeoning adoption of eccentric valves owing to their high sealing integrity
- Applications: Evolving applications of high-performance butterfly valves across slurry services
- Installation: Increasing usage of high-performance butterfly valves in new installations
- Type: Significant demand for fire-safe high performance butterfly valves owing to rise in safety protocols in industries
- Function: Growing popularity of control valves in the industries with processes that require careful monitoring
- Pressure Class: Rising preference for pressure Class 600 in high-performance butterfly valves for power plants
- Leakage Class: Expanding usage of leakage class IV for enhancing sealing performance in high-performance butterfly valves
- End-User: Growing utilization across chemical and oil & gas sector for leak prevention with exclusive corrosive resistance
- Sales Channel: Wider adoption of offline channel for customized valves solutions
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the High-Performance Butterfly Valve Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the High-Performance Butterfly Valve Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- AVK Group Acquires the Companies Bayard and Belgicast
The AVK Group acquired 100% interest in the Bayard and Belgicast Groups, which encompass companies across multiple countries, including Spain, France, Italy, Portugal, and China. The acquired companies include Bayard S.A.S., Belgicast International S.L., Talis Flow Control (Shanghai) Co. Ltd., Belgicast Italia S.r.l., and Industra - Comercio de Equipamentos Industriais S.A. Moving forward, business operations would continue under the names Bayard and Belgicast, with their headquarters and manufacturing facilities situated in Meyzieu near Lyon (France), Mungia and Toledo (Spain), and Shanghai (China).
Severn Manufacture 48” Butterfly Valve’s for Ground Flare Project
A UK Petrochemical client collaborated with Severn to address noise and harmful emission pollution issues at their facility. Severn developed a solution by transitioning from a standard flare system to an enclosed ground flare (EGF) system. This new system offers various advantages, including clean burning, no visible emissions, low noise pollution, reduced combustion emissions, and improved reliability. To meet the client's stringent requirements, Severn designed 48'' Butterfly Valves as the main Control Valve for the ground flare system. These valves underwent thorough testing and were supplied with SIL certification to integrate seamlessly into the client's SIL-rated system.
KSB Introduces New Pneumatic Quarter-Turn Actuators
The KSB Group introduced a new generation of pneumatic 90° quarter-turn actuators, namely the ACTAIR EVO and DYNACTAIR EVO series. These actuators are specifically designed to actuate various part-turn valves, including butterfly valves, ball valves, and plug valves. In terms of connections, they fully comply with NAMUR requirements. Moreover, the interfaces for control units are in complete accordance with VDI/VDE 3845 standards. Additionally, the implementation of a Scotch yoke mechanism ensures variable torque, with peak torque being highly effective for closing valves. This new generation of pneumatic actuators from KSB Group offers improved performance, reliability, and efficiency, making them a preferred choice for a wide range of industrial applications.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the High-Performance Butterfly Valve Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the High-Performance Butterfly Valve Market, highlighting leading vendors and their innovative profiles. These include A-T Controls, Inc., Aalberts N.V., Alfa Laval AB, ARI-Armaturen Albert Richter GmbH & Co. KG, AVK Holding A/S, Baker Hughes Company, Bray International, Inc., Crane Company, Curtiss-Wright Corporation, Davis Valve, DelVal Flow Controls, Dembla Valves Limited, DEZURIK, Emerson Electric Co., Flomatic Corporation, Flowserve Corporation, GEMÜ Gebr. Müller Apparatebau GmbH & Co. KG, Georg Fischer AG, Hawle Austria Group, Honeywell International Inc., Huamei Machinery Limited, IMI PLC, KITZ Corporation, KSB SE & Co. KGaA, NIBCO Inc., NTGD Valve (China) Co. Ltd., Ohio Valve Company, OHL Gutermuth Industrial Valves GmbH, Schlumberger N.V, Teko Industry Co., Limited, Valmet Oyj, Valworx, Velan Inc., and XHVAL Valve Co., Ltd..
Market Segmentation & Coverage
This research report categorizes the High-Performance Butterfly Valve Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Fire-Safe
- Metal Seat
- Soft Seat
- Mechanism
- Centric Valves
- Eccentric Valves
- Double-offset
- Triple-offset
- Pressure Class
- Class 150
- Class 1500
- Class 2500
- Class 300
- Class 600
- Class 900
- Leakage Class
- Class I
- Class II
- Class III
- Class IV
- Class V
- Class VI
- Function
- Control Valves
- On & Off Valves
- End-User
- Chemical
- Electric Power
- Oil & Gas
- Water & Wastewater
- Applications
- Compressed Air/Gas Applications
- Cooling Water/Air/Gases
- High-pressure & High-Temperature Water/Steam Services
- Slurry Services
- Vacuum Service
- Installation
- New Installations
- Replacements
- Sales Channel
- Offline
- Online
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rapid industrialization with an increased focus on efficient fluid flow systems
- 5.1.1.2. Increasing demand from oil & gas and chemical industry
- 5.1.1.3. Rising utilization in water and wastewater treatment
- 5.1.2. Restraints
- 5.1.2.1. High cost of manufacturing high-performance butterfly valves
- 5.1.3. Opportunities
- 5.1.3.1. Advances in high-performance butterfly valve technology for improved flow control and efficiency
- 5.1.3.2. Introduction of triple-offset high-performance butterfly valves
- 5.1.4. Challenges
- 5.1.4.1. Technical issues and complex installation of high-performance butterfly valves
- 5.2. Market Segmentation Analysis
- 5.2.1. Mechanism: Burgeoning adoption of eccentric valves owing to their high sealing integrity
- 5.2.2. Applications: Evolving applications of high-performance butterfly valves across slurry services
- 5.2.3. Installation: Increasing usage of high-performance butterfly valves in new installations
- 5.2.4. Type: Significant demand for fire-safe high performance butterfly valves owing to rise in safety protocols in industries
- 5.2.5. Function: Growing popularity of control valves in the industries with processes that require careful monitoring
- 5.2.6. Pressure Class: Rising preference for pressure Class 600 in high-performance butterfly valves for power plants
- 5.2.7. Leakage Class: Expanding usage of leakage class IV for enhancing sealing performance in high-performance butterfly valves
- 5.2.8. End-User: Growing utilization across chemical and oil & gas sector for leak prevention with exclusive corrosive resistance
- 5.2.9. Sales Channel: Wider adoption of offline channel for customized valves solutions
- 5.3. Market Trend Analysis
- 5.3.1. Steady growth of high-performance butterfly valve market in the Americas, driven by diverse industrial demand and presence of key players offering advanced solutions to meet user-specific requirements
- 5.3.2. Expanding production capabilities of chemicals coupled with a growing investments in wastewater management in the APAC region
- 5.3.3. Growing investments in renewable energy and expansion of oil & gas exploration and production with significant government support in the EMEA
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 5.8. Client Customization
- 5.8.1. Adjacent Market Analysis: Global Lined Butterfly Valves Market
- 5.8.2. Parent Market Analysis: Global Butterfly Valves Market
- 5.8.3. High- Performance Butterly Valve Market: Volume shipments 2022, By Country
- 5.8.4. Market Share Analysis by Vendors: High Performance Butterfly Valve Butterfly Valve Market, Type 2022
- 5.8.5. High-Performance Butterfly Valve Pricing Analysis, By Type
- 5.8.6. High-Performance Butterfly Valve Pricing by Product Type
- 5.8.7. High-Performance Butterfly Valve Pricing by Pressure Class
- 5.8.8. High-Performance Butterfly Valve Pricing by Leakage Class
- 5.8.9. Pricing Analysis of High-Performance Butterfly Valve: Control Valves, On & Off Valves
- 5.8.10. High-Performance Butterfly Valve Pricing By Application
- 5.8.11. High-Performance Butterfly Valve: Pricing Audit and Channel Differentiation
- 5.8.12. Key Purchasing Criteria
- 5.8.13. Use Case: Dynamic Applications of the High-Performance Butterfly Valve in the Oil & Gas Industry
- 5.8.14. Use Case: Identifying Problems in the High-Performance Butterfly Valve (HPBFV) Sector
- 5.8.15. High-Performance Butterfly Valve: Market Analysis Product by End User Industry
- 5.8.16. Analysis of High-Performance Butterfly Valves by Leakage Class and Valve Types
- 5.8.17. Analysis of High-Performance Butterfly Valves by Pressure Class
- 6. High-Performance Butterfly Valve Market, by Type
- 6.1. Introduction
- 6.2. Fire-Safe
- 6.3. Metal Seat
- 6.4. Soft Seat
- 7. High-Performance Butterfly Valve Market, by Mechanism
- 7.1. Introduction
- 7.2. Centric Valves
- 7.3. Eccentric Valves
- 8. High-Performance Butterfly Valve Market, by Pressure Class
- 8.1. Introduction
- 8.2. Class 150
- 8.3. Class 1500
- 8.4. Class 2500
- 8.5. Class 300
- 8.6. Class 600
- 8.7. Class 900
- 9. High-Performance Butterfly Valve Market, by Leakage Class
- 9.1. Introduction
- 9.2. Class I
- 9.3. Class II
- 9.4. Class III
- 9.5. Class IV
- 9.6. Class V
- 9.7. Class VI
- 10. High-Performance Butterfly Valve Market, by Function
- 10.1. Introduction
- 10.2. Control Valves
- 10.3. On & Off Valves
- 11. High-Performance Butterfly Valve Market, by End-User
- 11.1. Introduction
- 11.2. Chemical
- 11.3. Electric Power
- 11.4. Oil & Gas
- 11.5. Water & Wastewater
- 12. High-Performance Butterfly Valve Market, by Applications
- 12.1. Introduction
- 12.2. Compressed Air/Gas Applications
- 12.3. Cooling Water/Air/Gases
- 12.4. High-pressure & High-Temperature Water/Steam Services
- 12.5. Slurry Services
- 12.6. Vacuum Service
- 13. High-Performance Butterfly Valve Market, by Installation
- 13.1. Introduction
- 13.2. New Installations
- 13.3. Replacements
- 14. High-Performance Butterfly Valve Market, by Sales Channel
- 14.1. Introduction
- 14.2. Offline
- 14.3. Online
- 15. Americas High-Performance Butterfly Valve Market
- 15.1. Introduction
- 15.2. Argentina
- 15.3. Brazil
- 15.4. Canada
- 15.5. Mexico
- 15.6. United States
- 16. Asia-Pacific High-Performance Butterfly Valve Market
- 16.1. Introduction
- 16.2. Australia
- 16.3. China
- 16.4. India
- 16.5. Indonesia
- 16.6. Japan
- 16.7. Malaysia
- 16.8. Philippines
- 16.9. Singapore
- 16.10. South Korea
- 16.11. Taiwan
- 16.12. Thailand
- 16.13. Vietnam
- 17. Europe, Middle East & Africa High-Performance Butterfly Valve Market
- 17.1. Introduction
- 17.2. Denmark
- 17.3. Egypt
- 17.4. Finland
- 17.5. France
- 17.6. Germany
- 17.7. Israel
- 17.8. Italy
- 17.9. Netherlands
- 17.10. Nigeria
- 17.11. Norway
- 17.12. Poland
- 17.13. Qatar
- 17.14. Russia
- 17.15. Saudi Arabia
- 17.16. South Africa
- 17.17. Spain
- 17.18. Sweden
- 17.19. Switzerland
- 17.20. Turkey
- 17.21. United Arab Emirates
- 17.22. United Kingdom
- 18. Competitive Landscape
- 18.1. Market Share Analysis, 2023
- 18.2. FPNV Positioning Matrix, 2023
- 18.3. Competitive Scenario Analysis
- 18.3.1. AVK Group Acquires the Companies Bayard and Belgicast
- 18.3.2. Severn Manufacture 48” Butterfly Valve’s for Ground Flare Project
- 18.3.3. KSB Introduces New Pneumatic Quarter-Turn Actuators
- 18.3.4. New Approvals for Butterfly Valves
- 18.3.5. Valtek Valdisk High-Performance Butterfly Valve Completes Million-Cycle Test
- 18.3.6. Hawle Austria Group acquires McWane India's Valve Manufacturing Division
- 18.3.7. Shipham Valves Launch New Range of Triple-Offset Butterfly Valves
- 18.3.8. ZEDOX HEXO - The High-Performance Butterfly Valve with New Honeycomb Disc Technology
- 18.3.9. Bray Launches New Cx Line Products at ValveWorld Expo
- 18.3.10. IMI Saudi Industry LLC, a subsidiary of IMI Critical Engineering Opened facility in Dammam to supply innovative valve solutions and bolster national manufacturing capabilities
- 19. Competitive Portfolio
- 19.1. Key Company Profiles
- 19.2. Key Product Portfolio
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