Global Butterfly Valves Market Report Size, Trends & Growth Opportunity, By Application (Eccentric Valves, Centric Valves (Zero Offset Butterfly Valves)), By Function Type (On/Off Valves, Control Valves), By Type (High-Performance Butterfly Valves, Lined Butterfly Valves), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Butterfly Valves Market         
The Global Butterfly Valves Market is estimated to be USD 9,663.13 Mn in 2021 and is projected to reach USD 13,473.28 Mn by 2027, growing at a CAGR of 4.58%.
Valves that are commonly used in processes warranting more enduring valves with distinct features are called as Butterfly Valves. Butterfly valves are superior alternatives to metal valves in many aspects and it display high corrosion-resistance & light weight. 
Market Drivers
Prior to the residual water, known as effluent, being released back into the environment, wastewater treatment's principal goal is to remove as much of the suspended solids as possible. Automation in the water and wastewater sector is a result of the need to improve production and boost the effectiveness of various processes.
 The growing automation in the water and wastewater sector offers the market the ideal chance for expansion. The Butterfly valves demand the least amount of human involvement. The increased safety of workers and pipelines, decreased manual intervention, and decreased cost of water waste in water and wastewater treatment facilities were only a few advantages of using butterfly valves.
The demand for Butterfly valves in the water and wastewater industry is also anticipated to rise as a result of an increase in the amount of wastewater that water utility companies like Yorkshire Water, Anglian Water, Wessex Water, and Southern Water, among others, in the United Kingdom, treat daily.
Market Restraints
Limited throttling, increased local producer competition, a sizable danger of cavitation, and choke flow are all expected to hinder the expansion of the butterfly valve sector. More and more domestic manufacturers, including those in India, are creating a range of valves that satisfy international standards, including severe-service valves.
The majority of butterfly valve field issues are brought on by poor installation techniques. Turbulence influences the unguided disc movement of butterfly valves. Additionally, the high cost of producing industrial valves could have a detrimental effect on market expansion.
Market Segmentation
Butterfly Valves Market is segmented into major 4 categories. Based Application, the market is segmented into Eccentric Valves, Centric Valves (Zero Offset Butterfly Valves). Based on Function Type, the market is divided into On /Off Valves, Control Valves. Based on Type, the market is segmented into High-Performance Butterfly Valves, Lined Butterfly Valves. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Asia Pacific region dominates the Butterfly Valves market across the world with CAGR 4.86% because of the fast urbanization and industrialization. Furthermore, governments in the region are investing in municipal water treatment infrastructure to protect natural water bodies from contamination and promote water reuse.
Europe occupied the second-highest market and is anticipated to grow at a significant CAGR 4.85% throughout the forecast period owing to The EU’s water policy over the past 30 years is focused on the protection of water resources. The EU’s water policy aims at ensuring that good quality water, in sufficient quantity, is available for all legitimate uses. Moreover, an increase in the volume of wastewater treated daily by water utility companies such as Yorkshire Water, Anglian Water, Wessex Water, and Southern Water, among others in the United Kingdom is also expected to increase the demand for vales in the water and wastewater industry.
Market Key Players
Some of the key players operating in Global Butterfly Valves Market are AVK Group, Cameron International, Curtiss-Wright Corporation, Alfa-Laval Corporate AB, Crane Co., Weir Group, KSB Group, Velan Inc., Bray and Ebro.
Industry development
In February 2018 Curtiss-Wright Corporation (NYSE:CW)  announced that it has entered into an agreement to acquire the assets that comprise the Dresser-Rand Government Business (Dresser-Rand), a business unit of Siemens Government Technologies which is a wholly-owned U.S. subsidiary of Siemens AG in Germany, for $212.5 million in cash. Dresser-Rand is a leading designer and manufacturer of mission-critical, high-speed rotating equipment solutions, including reciprocating compressors, steam turbines and steam system valves & Butterfly Valves etc.
In January 2020 Alfa Laval is introducing the Alfa Laval ThinkTop IO-Link, a new version of the company’s second-generation Alfa Laval ThinkTop V50 and V70 sensing and control units for hygienic valves. Inside the ThinkTop IO-Link is the industry 4.0-ready communication protocol to enhance point-to-point communication between smart hygienic valves and advanced automation systems. This enables smarter, more agile valve control due to real-time data exchange, improved diagnostics and simplified configurability and control.
 

Global Butterfly Valves Market TOC:
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Butterfly Valves Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Butterfly Valves Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Butterfly Valves Market Share Analysis, By Application
5.3 Butterfly Valves Market Size and Forecast, By Application
5.3.1 Centric Valves (Zero Offset Butterfly Valves)
5.3.2 Eccentric Valves
6 Butterfly Valves Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Butterfly Valves Market Share Analysis, By Type
6.3 Butterfly Valves Market Size and Forecast, By Type
6.3.1 High-Performance Butterfly Valves
6.3.2 Lined Butterfly Valves 
7 Butterfly Valves Market, By Function Type
7.1 Y-o-Y Growth Comparison, By Function Type
7.2 Butterfly Valves Market Share Analysis, By Function Type
7.3 Butterfly Valves Market Size and Forecast, By Function Type
7.3.1 On/Off Valves
7.3.2 Control Valves
8 Butterfly Valves Market, By Region
8.1 Butterfly Valves Market Share Analysis, By Region
8.2 Butterfly Valves Market Share Analysis, By Region
8.3 Butterfly Valves Market Size and Forecast, By Region
9 North America Butterfly Valves Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Butterfly Valves Market Share Analysis, By Application
9.3 North America Butterfly Valves Market Size and Forecast, By Type
9.4 North America Butterfly Valves Market Size and Forecast, By Function Type
9.5 North America Butterfly Valves Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Butterfly Valves Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Butterfly Valves Market Share Analysis, By Application
10.3 Europe Butterfly Valves Market Size and Forecast, By Type 
10.4 Europe Butterfly Valves Market Size and Forecast, By Function Type
10.5 Europe Butterfly Valves Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Butterfly Valves Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Butterfly Valves Market Share Analysis, By Application
11.3 Asia Pacific Butterfly Valves Market Size and Forecast, By Type 
11.4 Asia Pacific Butterfly Valves Market Size and Forecast, By Function Type
11.5 Asia Pacific Butterfly Valves Market Size and Forecast, By Country
11.5.1 China        
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Butterfly Valves Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Butterfly Valves Market Share Analysis, By Application
12.3 Latin America Butterfly Valves Market Size and Forecast, By Type 
12.4 Latin America Butterfly Valves Market Size and Forecast, By Function Type
12.4 Latin America Butterfly Valves Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Butterfly Valves Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Butterfly Valves Market Share Analysis, By Application
13.3 Middle East Butterfly Valves Market Size and Forecast, By Type 
13.4 Middle East Butterfly Valves Market Size and Forecast, By Function Type
13.5 Middle East Butterfly Valves Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Curtiss-Wright Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Cameron International, a Schlumberger Company
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Alfa-Laval Corporate AB
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 AVK GROUP
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Crane Co.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 WEIR GROUP
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 KSB Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies        
15.8 Velan Inc  
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Bray and Ebro
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies