The North America butterfly valve market size reached USD 3,112.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,376.5 Million by 2033, exhibiting a growth rate (CAGR) of 3.86% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 3,112.6 Million |
Market Forecast in 2033
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USD 4,376.5 Million |
Market Growth Rate (2025-2033) | 3.86% |
Butterfly valves are quarter-turn rotational shutoff valves commonly used to start, regulate and stop the flow of fluids or gases through a pipeline. These valves are made using two semi-circles linked to a disc shape, which operates using gears and handles. They are reliable and find extensive applications in the oil and gas, water treatment, and pulp and paper industries across the North American region.
The increasing oil exploration activities represent one of the significant factors propelling the growth of the North America butterfly valve market. Apart from this, butterfly valves consume less space, exhibit simple constructions and cost less than isolation valves. Consequently, they are widely utilized in the production of chemicals and shale oil and gas reserves. Furthermore, the leading manufacturers are investing in renewable power plants to reduce their dependency on fossil fuels. Besides this, the outbreak of the coronavirus disease (COVID-19) has negatively impacted the market. This can be accredited to lockdown restrictions, temporary closures of manufacturing units and disruption in the supply chain. However, the market is anticipated to experience an increase in overall sales once the regional governing agencies introduce lockdown relaxations.
IMARC Group provides an analysis of the key trends in each segment of the North America butterfly valve market report, along with forecasts at the regional and country levels from 2025-2033. 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 | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Product Type, Material Type, Design, Function, End Use Industry, Country |
Countries Covered | United States, Canada |
Customization Scope | 10% Free Customization |
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) |
Key Questions Answered in This Report: