Lined Butterfly Valve Market by Material (Fluorinated Ethylene Propylene Lined Butterfly Valves, Perfluoroalkoxy Lined Butterfly Valves, Polytetrafluoroethylene Lined Butterfly Valves), Mechanism (Centric Valves, Eccentric Valves), Applications, Function, Installation, End-User Industries, Sales Channel - Global Forecast 2024-2030
The Lined Butterfly Valve Market size was estimated at USD 3.06 billion in 2023 and expected to reach USD 3.25 billion in 2024, at a CAGR 6.06% to reach USD 4.63 billion by 2030.
A lined butterfly valve is a control valve that isolates or regulates fluid flow in pipelines. These valves are used for corrosive applications where conventional rubber seats such as ethylene propylene diene monomer (EPDM) and nitrile buna rubber (NBR) are unsuitable. In addition, lined butterfly valves are used in various industries and applications such as pharmaceutical, chemical, oil, food, water supply, wastewater treatment, fire protection, gas supply, fuel handling, and sanitary fittings.
Lined butterfly valves are precise, which increases their potential need in the oil & gas and chemical industries. Additionally, there is a rising demand for lined butterfly valves for water and wastewater treatment due to its anticorrosive properties, contributing to the increasing growth of the lined butterfly valves market. However, the higher cost of raw materials and the complexity involved in manufacturing and performance hamper the adoption of lined butterfly valves. Furthermore, ongoing R&D to develop enhanced lined butterfly valves and rising investments from manufacturers for renewable power generation projects are generating lucrative opportunities for lined butterfly valves in future.
Regional InsightsThe lined butterfly valve market is evolving in the Americas due to the increasing investments toward infrastructure development projects and water management systems, growing industrialization, and the rising numbers of key players in the region. The EU region has witnessed a surge in demand for high-performance lined butterfly valves due to stringent environmental protection regulations that promote energy efficiency, and innovative research focused on improving valve technologies. Growing urbanization and industrialization in the EMEA region have led to increased investments in water management solutions, resulting in increased demand for lined butterfly valves. Significant investments in infrastructure development projects, including the construction of new power plants, expansion of manufacturing facilities, and modernization of transportation networks that require efficient flow control systems, are expanding the use of lined butterfly valves in the APAC region. Additionally , increased government initiatives to improve access to safe drinking water and better sanitation and continuous research and development to develop innovative lined butterfly valves are anticipated to encourage their deployment across end-use sectors worldwide.
Market InsightsMarket DynamicsThe market dynamics represent an ever-changing landscape of the Lined 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 DriversIncreasing demand for lined butterfly valves from the oil & gas and chemical industry
Rising use in water and wastewater treatment
Growing demand for PTFE-lined butterfly valves
Market RestraintsHigh cost of manufacturing lined butterfly valves
Market OpportunitiesOngoing R&D to develop enhanced lined butterfly valve
Rising investments in renewable power generation projects
Market ChallengesPerformance issues associated with the use of lined butterfly valves
Market Segmentation AnalysisMaterial: Significant deployment of PTFE-lined butterfly valves in highly aggressive industrial environments
Application: Growing usage of lined butterfly valves for optimizing airflow in compressed air applications
Market Disruption AnalysisPorter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis
FPNV Positioning MatrixThe FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Lined 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 AnalysisThe market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Lined 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 DevelopmentsReorganization of Valve Business in Korea
Kitz Corporation, a global valve manufacturer, announced a strategic reorganization of its valve business operations in South Korea. This move is aimed at enhancing the company's market presence and improving customer service delivery.
Lexair Acquires Valve Manufacturing Assets From Keystone, an Emerson Brand
Lexair acquired the lined butterfly valve manufacturing assets from Keystone, an Emerson brand. This acquisition demonstrates Lexair's commitment to expanding its product offerings and enhancing customer satisfaction through diversified solutions in the fluid control market.
Emerson Launches Pressure Relief Valves That Improve Performance and Emissions
Emerson Electric Co. introduced a line of pressure relief valves (PRVs) designed to enhance performance and reduce emissions in lined butterfly valve applications. This latest offering aims to meet the ever-growing demands for improved safety measures and environmental sustainability in various industries. The newly launched PRVs are specifically engineered to address the challenges faced by industrial customers in managing process pressures effectively while maintaining optimal operational efficiency.
Strategy Analysis & RecommendationThe 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 Lined 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 ProfilesThe report delves into recent significant developments in the Lined Butterfly Valve Market, highlighting leading vendors and their innovative profiles. These include A-T Controls, Inc., ACRIS, Borsig ValveTech GmbH, Bray International, Cameron by Schlumberger Limited, Crane Company, Curtiss-Wright Corporation, EBRO Armaturen Gebr. Bröer GmbH, Emerson Electric Co., Flowserve Corporation, FluoroSeal Inc., KITZ Corporation, KSB SE & Co. KGaA, NIBCO Inc., Nippon Daiya Valve Co., Ltd., OHL Gutermuth Industrial Valves GmbH, Pentair, Samson AG, Shreeji Process Control Pvt. Ltd., Swissfluid (USA), Inc., TOMOE VALVE USA & TOMOE VALVE, Valvitalia Group, Weir Group, and Wouter Witzel EuroValve B.V..
Market Segmentation & CoverageThis research report categorizes the Lined Butterfly Valve Market to forecast the revenues and analyze trends in each of the following sub-markets:
Material
Fluorinated Ethylene Propylene Lined Butterfly Valves
Perfluoroalkoxy Lined Butterfly Valves
Polytetrafluoroethylene Lined Butterfly Valves
Rubber-lined Lined Butterfly Valves
Flanged Type Lined Butterfly Valves
Lug Type Lined Butterfly Valves
Wafer Type Lined Butterfly Valves
Mechanism
Centric Valves
Eccentric Valves
Double-offset
Single-offset
Triple-offset
Applications
Compressed Air/Gas Applications
Cooling Water/Air/Gases
Hot Water & Steam
Slurry Services
Vacuum Service
Function
Control Valves
Isolation Valves
On & Off Valves
Safety Valves
Installation
New Installations
Replacements
End-User Industries
Chemical Industry
Food & Beverage Industry
Oil & Gas Industry
Pharmaceutical Industry
Power Generation
Pulp & Paper Industry
Water & Wastewater Treatment
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