The Asia Pacific butterfly valve market size reached US$ 4,236.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 6,199.5 Million by 2032, exhibiting a growth rate (CAGR) of 4.19% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | US$ 4,236.9 Million |
Market Forecast in 2032 | US$ 6,199.5 Million |
Market Growth Rate (2024-2032) | 4.19% |
A butterfly valve is widely utilized to start, monitor or stop the flow of gases or fluids in a pipe. It is a quarter-turn rotational shut-off valve comprising a seal, stem, disc, accumulator and two semi-circular plates. As it is economical, reliable, and can be easily operated through handles and gears, it finds extensive application in various industrial verticals in the Asia Pacific region.
Rapid urbanization and the growing global population have led to an increase in construction activities in the Asia Pacific region. This represents one of the major factors fueling the growth of the butterfly valve market. Moreover, governments of various countries in the region are investing in municipal water treatment infrastructure to protect the natural water bodies from contamination and promote the re-utilization of water. This is boosting the sales of butterfly valves in the region. However, the imposition of lockdowns and temporary closure of various manufacturing units due to the sudden coronavirus disease (COVID-19) outbreak have negatively affected the market. The butterfly valve market in the Asia Pacific region will experience growth once lockdown relaxations are introduced.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific butterfly valve market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type, material type, design, function, and end-use industry.
Breakup by Product Type:
Breakup by Material Type:
Breakup by Design:
Breakup by Function:
Breakup by End-Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Product Types Covered | Rubber Lined Butterfly Valve, Plastic Lined Butterfly Valve, Metal Lined Butterfly Valve |
Material Types Covered | Stainless Steel, Cast Iron, Aluminum, Others |
Designs Covered | Centric Butterfly Valve, Single-Eccentric Butterfly Valve, Double-Eccentric Butterfly Valve, Triple-Eccentric Butterfly Valve |
Functions Covered | On/Off Valve, Control Valve |
End-Use Industries Covered | Oil and Gas Industry, Water and Wastewater Industry, Power Generation Industry, Chemical Industry, Others |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |