Butterfly Valve Market Outlook:
Butterfly Valve Market size was estimated at USD 4.6 billion in 2024 and is expected to surpass USD 7.9 billion by the end of 2037, rising at a CAGR of 4.8% during the forecast period, i.e., 2025-2037. In 2025, the industry size of butterfly valve is evaluated at USD 4.8 billion.
The market is expanding rapidly due to rising investments in water and wastewater infrastructure projects and systems, particularly in emerging economies. The Bipartisan Infrastructure Law of 2021 demonstrates how governments and utilities are prioritizing water management and supply. EPA is given $51 billion. According to the World Bank, $141 billion is spent on publicly financing global water utilities and sewerage institutions (2022). Asia-Pacific remains a priority area for high demand since it continues to urbanize rapidly.
Butterfly valves are preferred in various applications because they are cost-effective and robust, allowing them to be scaled up for use in large water distribution networks. There are some encouraging signs for the butterfly valve opportunities because of a 13% increase in stainless steel production in 2023, and a 7.6% year-on-year global valve exports increase (totaling $18.3 billion). Plus, there was an increase of 4.4% in machinery manufacturing PPI (Q1 2024) compared to the same quarter in 2023. The traditional R&D expenditures of the U.S. Department of Energy fund $36 million for technologies such as automation and corrosion-resistant coatings.
