Global Butterfly Valve Market Expected to Reach USD 17.2 Billion by 2033 – IMARC Group

Global Butterfly Valve Market Statistics, Outlook and Regional Analysis 2025-2033

The global butterfly valve market size was valued at USD 11.5 Billion in 2024, and it is expected to reach USD 17.2 Billion by 2033, exhibiting a growth rate (CAGR) of 4.06% from 2025 to 2033.

Butterfly valves are utilized for managing the flow of agricultural wastewater in irrigation channels, drainage systems, and treatment facilities. They are utilized to regulate precise control of the water and maintain optimal water levels, which ensures efficient distribution in treatment processes. They can isolate sections of a pipeline for maintenance and during emergencies. They are quick to shut off wastewater flow and prevent overflows and contamination in critical areas. Moreover, they are cost-effective and require minimal installation space, which makes them a practical choice for agricultural wastewater systems with extensive piping networks. They can operate reliably in varying harsh conditions like handling sediment-laden wastewater to enable efficient system operations in agricultural settings. As per the IMARC Group’s report, the global agricultural wastewater treatment market is expected to reach USD 3.3 Billion by 2033.

Butterfly valves play a pivotal role in renewable energy projects as they provide flow control for gases, fluids and steam in numerous applications. Being lightweight and space-saving, they are ideal for renewable energy setups with tight space constraints. They regulate water flow in turbines, control gates, and pipelines to ensure smooth operations and safety in hydropower plants. In concentrated solar power (CSP) systems, butterfly valves maintain the flow of heat transfer fluids, such as molten salt or thermal oil, between solar collectors and storage tanks. They are also used in cooling water flow in auxiliary systems to provide thermal efficiency. In biomass plants, butterfly valves control steam and gas flow in combustion and waste-to-energy processes. Moreover, they are employed to regulate gases in emissions control systems of renewable energy plants, which support environmental compliance and reduce greenhouse gas output. The IMARC Group’s report shows that the global renewable energy market is expected to reach USD 1,818.4 Billion by 2033.

Global Butterfly Valve Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia-Pacific, Europe, North America, the Middle East and Africa, and Latin America. According to the report, Asia-Pacific accounts for the largest market share owing to rapid industrialization, extensive infrastructure development, and rising demand from key industries.

Asia-Pacific Butterfly Valve Market Trends:

In the Asia-Pacific region, especially in China and Japan, more people are migrating to urban areas due to rapid industrialization. Owing to the region's vast manufacturing base and export-oriented economies, the demand for cost-effective and reliable valve solutions like butterfly valves is high. Companies adopt butterfly valves to ensure operational safety and efficiency. Government agencies are participating in infrastructure development, particularly in water supply and wastewater management, which need butterfly valves. Advanced technologies, such as automated and smart valves, make butterfly valves more efficient and easier to handle. According to the IMARC Group’s report, the Asia-Pacific butterfly valve market is projected to exhibit a growth rate (CAGR) of 4.19% during 2024-2032.

Europe Butterfly Valve Market Trends:

Europe accounts for a sizeable portion of the butterfly valve industry driven by stringent environmental regulations and advanced industrial practices. Key industries, such as energy, water treatment, and food and beverage (F&B), rely heavily on butterfly valves to manage efficient fluid control and system optimization. The region emphasizes on sustainable solutions and renewable energy projects, such as wind and hydropower, which are catalyzing the demand for advanced valve systems.

North America Butterfly Valve Market Trends:

The market for butterfly valve is expanding gradually in North America, which can be attributed to the growing presence of established industries, including oil and gas, power generation, and water management. The region uses advanced automation technologies in industrial processes to enhance operational efficiency, which is driving the demand for butterfly valves. In addition, government agencies and private sectors are investing to upgrade aging infrastructure, particularly in water and wastewater treatment systems in the US and Canada.

Middle East and Africa Butterfly Valve Market Trends:

On account of the thriving oil and gas sector, the Middle East and Africa region is experiencing butterfly valve market expansion. Saudi Arabia, the UAE, and Qatar are investing heavily in energy projects to provide robust and efficient valve solutions. Besides this, water scarcity issues are encouraging large-scale investments in desalination plants and wastewater management systems, where butterfly valves are critical components. Infrastructure development projects, particularly in African nations, contribute to the rising demand for industrial valves.

Latin America Butterfly Valve Market Trends:

The market for butterfly valve in Latin America is distinguished by rapid industrialization and expansion of the infrastructure. The oil and gas sector, particularly in Brazil and Mexico, is known for its significant contribution to the market growth. Additionally, high investments in water treatment and power generation projects, including hydroelectric plants, are promoting butterfly valve adoption. The region emphasizes on improving water supply and distribution networks to address water scarcity challenges.

Top Companies Leading in the Butterfly Valve Industry

Some of the leading butterfly valve market companies include Alfa Laval Corporate AB, Curtiss-Wright Corporation, Flowserve Corporation, Emerson Electric Co., Pentair PLC, Weir Group PLC, AVK Group A/S, Crane Company, Schlumberger Limited, Velan, Inc., KSB SE & Co. KGaA, Honeywell International Inc., among many others. In October 2024, Flowserve Corporation, the leading flow control products and services provider, announced complete acquisition of MOGAS Industries, which is the manufactures and services metal-seated ball valves company, to expand the severe service valves portfolio and aftermarket services for customers across the globe.

Global Butterfly Valve Market Segmentation Coverage

• On the basis of the product type, the market has been bifurcated into high performance valve and lined butterfly valve (rubber lined butterfly valve and plastic lined butterfly valve), wherein high performance valve represents the leading segment. High performance valve is used to manage ballast water systems. It is reliable and has longer lifespans compared to standard valves. It can regulate fluid flow in processing and pasteurization. It also prevents leakage in critical systems. In order to control fluids in drug manufacturing and medical equipment, high-performance valve is employed in sterile applications.
• Based on the material type, the market has been classified into stainless steel, cast iron, aluminium, and others, amongst which stainless steel dominates the market. Stainless steel valve is hard to corrode and can work at high as well as low temperatures. It is used to treat wastewater in treatment plants, as it can be easily recycled. It provides a long service life and requires less attention, thus cutting down expenses for companies. It can also handle abrasive materials, which stimulates its usefulness.
• On the basis of the design, the market has been divided into centric butterfly valve, single-eccentric butterfly valve, double-eccentric butterfly valve, and triple-eccentric butterfly valve. Among these, double-eccentric butterfly valve accounts for the majority of the market share, which can be attributed to its enhanced performance and durability. It has an offset design that minimizes wear on the valve seat and disc. It ensures a longer service life and better sealing capabilities. It also offers space-saving benefits in pipeline layouts. It is used to steam, cool water, and condensate systems in power plants.
• Based on the function, the market has been categorized into on/off valve and control valve, amongst which on/off valve exhibits a clear dominance. On/off valve is essential to control the flow of fluids in different industrial applications. It is simple in design and cost-effective and allows quick operation and requires minimal maintenance. It is highly efficient, versatile, and reliable. In addition, it can manage diverse media, such as liquids, gases, and slurries. It is considered apt for space constrained installations, including offshore platforms and urban infrastructure projects.
• On the basis of the end-use industry, the market has been segmented into oil and gas industry, water and wastewater industry, power generation industry, chemical industry, and others. Among these, oil and gas industry holds the biggest market share, as butterfly valves are crucial in maintaining the safety of pipelines. Butterfly valves are very simple in design and efficient and that is why, they are used in the regulation of flow and isolation of parts of pipeline systems. They are also crucial in the refinery plants and the gas transportation systems to control the cryogenic temperature.

Browse IMARC Related Reports on Butterfly Valve Market:

• Asia Pacific Butterfly Valve Market Report
   
• Europe Butterfly Valve Market Report
   
• North America Butterfly Valve Market Report