North America Butterfly Valve Market Size and Outlook 2032

North America Butterfly Valve Market Report by Product Type (Rubber Lined Butterfly Valve, Plastic Lined Butterfly Valve, Metal Lined Butterfly Valve), Material Type (Stainless Steel, Cast Iron, Aluminium, and Others), Design (Centric Butterfly Valve, Single-Eccentric Butterfly Valve, Double-Eccentric Butterfly Valve, Triple-Eccentric Butterfly Valve), Function (On/Off Valve, Control Valve), End Use Industry (Oil and Gas Industry, Water and Wastewater Industry, Power Generation Industry, Chemical Industry, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A3241

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Market Overview:

The North America butterfly valve market size reached US$ 2,992.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,310.9 Million by 2032, exhibiting a growth rate (CAGR) of 4.02% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 2,992.3 Million
Market Forecast in 2032	US$ 4,310.9 Million
Market Growth Rate (2024-2032)	4.02%

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.

Key Market Segmentation:

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 2024-2032. Our report has categorized the market based on product type, material type, design, function and end use industry.

Breakup by Product Type:

Rubber Lined Butterfly Valve
Plastic Lined Butterfly Valve
Metal Lined Butterfly Valve

Breakup by Material Type:

Stainless Steel
Cast Iron
Aluminium
Others

Breakup by Design:

Centric Butterfly Valve
Single-Eccentric Butterfly Valve
Double-Eccentric Butterfly Valve
Triple-Eccentric Butterfly Valve

Breakup by Function:

On/Off Valve
Control Valve

Breakup by End Use Industry:

Oil and Gas Industry
Water and Wastewater Industry
Power Generation Industry
Chemical Industry
Others

Breakup by Country:

United States
Canada

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product Type, Material Type, Design, Function, End Use Industry, Country
Countries Covered	United States, Canada
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)

Key Questions Answered in This Report:

How has the North America butterfly valve market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the North America butterfly valve market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the design?
What is the breakup of the market based on the function?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the North America butterfly valve market and who are the key players?
What is the degree of competition in the industry?

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