Butterfly Valve Market: Analysis by Configuration, Actuation, Application, and Geography Through 2035

Published: May 2025
Report Code:
SKU: LMR124573

Overview:

The global butterfly valves market is poised for notable expansion, with increasing demand across several sectors. Projections indicate a market valuation of USD 11.7 billion in 2025, climbing to USD 22.1 billion by 2035. This reflects a compound annual growth rate (CAGR) of 6.5% from 2025 through 2035. The base year for these estimations is 2024, incorporating historical data from 2018 to 2023 to forecast future trends.

The anticipated growth is driven by the rising adoption of butterfly valves in critical applications, especially within water treatment, oil and gas, chemical processing, power generation, HVAC systems, and the food and beverage industry. These valves are essential for regulating flow, offering both on-off and control functionalities, thereby enhancing process efficiency and reliability.

Regionally, North America, Europe, and Asia Pacific are expected to be key markets. Countries such as the U.S., Canada, Mexico, the U.K., Germany, Italy, Poland, China, India, Japan, Australia, and South Korea are anticipated to contribute significantly to market growth through increased industrial activities and infrastructure developments.

Technological innovations in valve design and materials are also fostering market expansion. The demand for robust and efficient flow control solutions is spurred by stringent environmental regulations and the necessity to optimize operational performance across industries.

Major industry players, including Emerson Electric Co., Flowserve Corporation, Schlumberger Limited, Velan Inc., IMI plc, KITZ Corporation, and Crane Co., are continuously innovating. These key companies lead the development and distribution of advanced butterfly valve technologies worldwide.

Overall, the butterfly valves market is set to gain from continuous technological advancements, increasing industrial growth, and strong regional demands, securing its crucial role in flow control systems globally.

YOY Growth Bar Chart

Year On Year Growth Chart

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Report Attribute Details
Market Size in 2025 USD 11.7 billion
Revenue Forecast for 2035 USD 22.1 billion
Growth Rate (CAGR) 6.5% from 2025 to 2035
Base Year for Estimation 2024
Historical Data 2018 – 2023
Forecast Period 2025 – 2035
Quantitative Units Revenue in USD million/billion and CAGR from 2025 to 2035
Report Coverage Revenue forecast, company market share, competitive landscape, growth factors, and trends
Covered Segments Type, mechanism, function, and applications
Regional Scope North America, Europe, Asia Pacific
Country Scope U.S., Canada, Mexico, U.K., Germany, Italy, Poland, China, India, Japan, Australia, South Korea
Key Companies Analyzed Emerson Electric Co.; Flowserve Corporation; Schlumberger Limited; Velan Inc.; IMI plc; KITZ Corporation; Crane Co.
Customization Options Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope
Pricing and Purchase Options Customizable purchase options for tailored research needs

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Pie Chart

Key Companies Market Share

Report Coverage & Deliverables

This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.

Detailed Market Segmentation

  • By Type
    • Wafer
    • Lug
    • Flanged
    • Butt-welded
  • By Mechanism
    • Lever-operated
    • Gear-operated
    • Actuator-operated
  • By Function
    • On-Off
    • Control
  • By Applications
    • Water Treatment
    • Oil and Gas
    • Chemical
    • Power Generation
    • HVAC
    • Food and Beverage
  • By Region
    • North America (U.S., Canada, Mexico)
    • Europe (U.K., Germany, France, Italy, Poland)
    • Asia-Pacific (China, India, Japan, Australia, South Korea)

Table of Content

  • Executive Summary
  • Market Overview
  • Key Market Dynamics
  • Impact of Macroeconomic Factors
  • Global Market Size and Forecast
  • Market Segmentation by Type
    • Wafer Butterfly Valves
    • Lug Butterfly Valves
    • Flanged Butterfly Valves
    • Butt-welded Butterfly Valves
  • Market Segmentation by Mechanism
    • Lever-Operated Butterfly Valves
    • Gear-Operated Butterfly Valves
    • Actuator-Operated Butterfly Valves
  • Market Segmentation by Function
    • On-Off Butterfly Valves
    • Control Butterfly Valves
  • Market Segmentation by Application
    • Water Treatment
    • Oil and Gas
    • Chemical Processing
    • Power Generation
    • HVAC Systems
    • Food and Beverage
  • Regional Market Analysis
    • North America
    • Europe
    • Asia-Pacific
  • Competitive Landscape
    • Market Share Analysis
    • Key Player Profiles
  • Regulatory Framework
  • Technological Trends
  • Pricing Analysis
  • Supply Chain Analysis
  • Strategic Recommendations
  • Market Opportunities and Future Outlook
  • Research Methodology
  • Assumptions and Limitations
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