Los Angeles, CA -- (SBWire) -- 04/11/2019 --A butterfly valve is a valve that isolates or regulates the flow of a fluid. The closing mechanism is a disk that rotates
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the butterfly valves market to approach these areas. Asia-Pacific will account for the highest sales in 2023 with close to 53 percent of global sales coming from this region, and developing countries has the highest growth rate. Vendors recognize the importance of this region, are working towards penetrating this market by strengthening their sales and distribution networks.
The global Butterfly Valves market was 4210 million US$ in 2018 and is expected to 5730 million US$ by the end of 2025, growing at a CAGR of 4.5% between 2019 and 2025.
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This report studies the Butterfly Valves market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Butterfly Valves in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Emerson
Flowserve
Cameron
Kitz
KSB
Johnson Controls
AVK
ADAMS
Crane
IMI
Parker Hannifin
Tomoe
Bray
Watts Water Technologies
Circor
Zwick
Maezawa Industries
Diefei
Kirloskar
ARI
By the product type, the market is primarily split into
Stainless Steel
Cast Iron
Aluminum
Others
By the end users/application, this report covers the following segments
Oil & gas
Power generation
Water treatment
Construction
Others
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Global Butterfly Valves Market Is Anticipated to Reach US$ 5730 Mn by 2025
Butterfly Valves marketreport contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.