Uploaded on Jan 9, 2020
The global butterfly valve market is anticipated to grow at a CAGR of 6.34% between 2019 and 2027 to generate revenue of $15171.9 million by 2027
Butterfly Valve Market | Industry Growth, Advantages 2019-2027
Global Butterfly Valve Market
2019-2027
The butterfly valve is a valve used to regulate and isolate
the flow of liquids and gases, and are economical, less
space-consuming, and delicate. The global butterfly valve
market is expected to grow at a CAGR of 6.34%, and the
revenues are projected to reach $ 15171.9 million by
2027. The increasing demand for butterfly valves is
highest in the oil and gas industries.
• The expanding water infrastructures in developing
countries is another reason for the rising demand of
the butterfly valve.
• The increasing demands from industries such as oil &
gas, power, chemical, and rising infrastructural
developments are the factors driving the growth of the
butterfly valve market.
• The butterfly valves are advanced materials, and the
market is dependent on these industries.
“The global butterfly valve market is expected to grow at a CAGR
of 6.34%, and the revenues are projected to reach $ 15171.9
million by 2027. ”
https://www.inkwoodresearch.com/reports/global-butterfl
y-valve-market
/
The North American butterfly valve market
is expected to project a CAGR of 4.90%
during the forecast period.
The Europe butterfly valve market is
estimated to record a CAGR of 5.96%
during the forecast period.
The Asia Pacific butterfly valve market is
expected to record a CAGR of 7.27%
during the forecast period.
The major players of the global butterfly valve market
are Crane Co., Georg Fischer Ltd., Alfa Laval, IMI Plc,
NIBCO Inc., ITT Inc., Schlumberger Ltd., The Weir Group
Plc, KSB SE & Co. KGAA, AVK Holding A/S, Honeywell
International Inc., Flowserve Corporation, Curtiss-
Wright Corporation, and Velan Inc.
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