PUBLISHER: 360iResearch | PRODUCT CODE: 1470746
PUBLISHER: 360iResearch | PRODUCT CODE: 1470746
[198 Pages Report] The Lined Butterfly Valve Market size was estimated at USD 3.06 billion in 2023 and expected to reach USD 3.25 billion in 2024, at a CAGR 6.06% to reach USD 4.63 billion by 2030.
A lined butterfly valve is a control valve that isolates or regulates fluid flow in pipelines. These valves are used for corrosive applications where conventional rubber seats such as ethylene propylene diene monomer (EPDM) and nitrile buna rubber (NBR) are unsuitable. In addition, lined butterfly valves are used in various industries and applications such as pharmaceutical, chemical, oil, food, water supply, wastewater treatment, fire protection, gas supply, fuel handling, and sanitary fittings.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 3.06 billion |
Estimated Year [2024] | USD 3.25 billion |
Forecast Year [2030] | USD 4.63 billion |
CAGR (%) | 6.06% |
Lined butterfly valves are precise, which increases their potential need in the oil & gas and chemical industries. Additionally, there is a rising demand for lined butterfly valves for water and wastewater treatment due to its anticorrosive properties, contributing to the increasing growth of the lined butterfly valves market. However, the higher cost of raw materials and the complexity involved in manufacturing and performance hamper the adoption of lined butterfly valves. Furthermore, ongoing R&D to develop enhanced lined butterfly valves and rising investments from manufacturers for renewable power generation projects are generating lucrative opportunities for lined butterfly valves in future.
Material: Significant deployment of PTFE-lined butterfly valves in highly aggressive industrial environments
Polytetrafluoroethylene lined butterfly valve (PTFE) is manufactured in the size range of approximately 40 mm to 400 mm using shaft materials such as stainless steel and Carbon Steel. PTFE-lined valves are preferred for consistent performance requirements in highly corrosive applications involving chlorine, benzene, sulphuric acid, nitric acid, phosphoric acid, hydrochloric acid, and seawater.
All surfaces of valve wet parts are lined with perfluoroalkoxy (PFA) to protect valve service life from chemical corrosion. The rubber-lined butterfly valve is a very common valve used in the water industry. Due to the low leakages and ability to withstand high pressure and temperature levels, the rubber-lined butterfly valve is known for its high reliability and low maintenance.
Wafer-style butterfly valves are engineered with four holes that align with the connected pipeline and are designed to clamp between two flanges of pipe work. Lug-style butterfly valves usually comprise metal such as ductile iron or steel. These valves are suitable for end-of-line service. Various types of flanged-style butterfly valves, such as AWWA C504 API609, have high performance and triple offset. A flanged-style valve can be a zero, single, double, or triple offset butterfly valve. It is mainly used to cut off the flow of media, including air, water, and gas in the pipeline and to regulate the size of the media flow in the pipeline.
Application: Growing usage of lined butterfly valves for optimizing airflow in compressed air applications
Lined butterfly valves for gas are used as an interception device for average to low-pressure gas pipe networks or pipelines. The lined butterfly valves for gas are also used for intercepting liquids when hermetic seal, small pressure losses, and compact construction in the flow direction are required. Flexible seated butterfly valves for gas of this type are double-flanged valves suited for gas installations, shipbuilding, and wastewater plants.
The lined butterfly valves are an essential component of water cooling systems, which regulate water flow through the system and maintain optimal temperature levels. The valve rotates the disc around its axis, allowing or restricting fluid flow. The lined butterfly valves ae installed upstream from the heat exchanger in a water cooling system to control the flow rate of water to maintain a constant temperature. These valves are also useful for isolating different system sections for maintenance and repair purposes.
Lined butterfly valves have applications in industrial plants for regulating hot air or fumes up to 1000 °C. They are used in incineration plants, air treatment, thermal combustion plants, power plants, and furnaces. The slurry control valve is designed to withstand the most demanding services, including slurry, erosive, corrosive, and scaling applications. Slurry butterfly valves are designed to provide reliable isolation and control of slurry in various applications. A vacuum valve is a device which is placed in a feed or vent line on a vacuum furnace to isolate the vacuum chamber or direct the gas flow into the vacuum vessel. This valve can be actuated manually, pneumatically, electro-pneumatically, electrically, or electromagnetically.
Regional Insights
The lined butterfly valve market is evolving in the Americas due to the increasing investments toward infrastructure development projects and water management systems, growing industrialization, and the rising numbers of key players in the region. The EU region has witnessed a surge in demand for high-performance lined butterfly valves due to stringent environmental protection regulations that promote energy efficiency, and innovative research focused on improving valve technologies. Growing urbanization and industrialization in the EMEA region have led to increased investments in water management solutions, resulting in increased demand for lined butterfly valves. Significant investments in infrastructure development projects, including the construction of new power plants, expansion of manufacturing facilities, and modernization of transportation networks that require efficient flow control systems, are expanding the use of lined butterfly valves in the APAC region. Additionally , increased government initiatives to improve access to safe drinking water and better sanitation and continuous research and development to develop innovative lined butterfly valves are anticipated to encourage their deployment across end-use sectors worldwide.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Lined Butterfly Valve Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Lined Butterfly Valve Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Lined Butterfly Valve Market, highlighting leading vendors and their innovative profiles. These include A-T Controls, Inc., ACRIS, Borsig ValveTech GmbH, Bray International, Cameron by Schlumberger Limited, Crane Company, Curtiss-Wright Corporation, EBRO Armaturen Gebr. Broer GmbH, Emerson Electric Co., Flowserve Corporation, FluoroSeal Inc., KITZ Corporation, KSB SE & Co. KGaA, NIBCO Inc., Nippon Daiya Valve Co., Ltd., OHL Gutermuth Industrial Valves GmbH, Pentair, Samson AG, Shreeji Process Control Pvt. Ltd., Swissfluid (USA), Inc., TOMOE VALVE USA & TOMOE VALVE, Valvitalia Group, Weir Group, and Wouter Witzel EuroValve B.V..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Lined Butterfly Valve Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Lined Butterfly Valve Market?
3. What are the technology trends and regulatory frameworks in the Lined Butterfly Valve Market?
4. What is the market share of the leading vendors in the Lined Butterfly Valve Market?
5. Which modes and strategic moves are suitable for entering the Lined Butterfly Valve Market?