Butterfly Valve Market Analysis

End-user (Oil, Gas, Water, Wastewater, Power Generation, Chemical)

The global butterfly valve market is segmented and analyzed for demand and supply by end user into the oil and gas industry, water and wastewater industry, power generation industry, chemical industry, and others. Among these segments, the oil and gas industry segment captured the largest share in the global market, owing to the rising demand for stainless steel butterfly valves in the extraction of oil. Oil and gas facilities require deeper pipelines and bigger wells to reduce production costs, which require highly specialized equipment. Moreover, the increase demand for butterfly valves in shale gas as an energy source is expected to augment segment growth over the forecast period.

Our in-depth analysis of the global market includes the following segments:

By Type	High-performance Lined Butterfly Valves
By Application	Centric Valves Eccentric Valves
By Function Type	On/Off Valves Control Valves
By End User	Oil and Gas Industry (25%) Water and Wastewater Industry (21%) Power Generation Industry (16%) Chemical Industry (20%) Others (18%)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of butterfly valve is assessed at USD 8.71 billion.

The butterfly valve market size was valued at USD 8.22 billion in 2024 and is anticipated to reach USD 20.7 billion by the end of 2037, expanding at around 7.3% CAGR during the forecast period i.e., between 2025-2037. Widespread use of product in various end use industries along with increasing R&D investments by government will boost the market growth.

Asia Pacific will account highest revenue share of 40% by 2037, owing to expansion of the oil and gas industry in the region.

The major players in the market include Valmet Oyj, Pentair, Emerson Electric Co., Schlumberger Limited., The Weir Group PLC, Bray International, Velan, Inc., L&T Valves Limited, Flowserve Corporation, Adams Armaturen GmbH.

Butterfly Valve Market Analysis