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Global Butterfly Valve Market 2015-2019

Global Butterfly Valve Market 2015-2019

Market outlook of the global butterfly valve market

Technavio’s market research analysts expect the global butterfly valves market to grow significantly, posting a CAGR of over 6% in the forecast period, which is driven by the booming oil and gas industry in Latin America, Africa, and the Middle East. The increasing demand from the oil and gas industry will drive the demand for butterfly valve due to an increase in exploration and upgradation activity.

New oil and gas discoveries in the African region is expected to increase its contribution to the global oil supply. Moreover, the growing population, urbanization, and expanding middle class are also boosting the oil and gas industry in Africa. For instance, six out of 10 major discoveries in the global oil and gas industry in 2013 were made in Africa. Therefore, the rising demand for oil and gas has led to widespread exploration activities in Africa, triggering the demand for industrial valves in the region, and thus propelling the growth of the overall butterfly valve market.

Segmentation of the global butterfly valve market by end-user

il and gas industry

Water and wastewater industry

Power industry

Chemical industry

thers

il and gas industry dominated the global butterfly valves market in 2014 with over 23% share, and this is expected to grow during the forecast period. New oil and gas exploration activities coupled with heavy investments in pipelines and refineries in the Americas, the Middle East, Africa, and APAC are the major factors influencing the market growth.

Geographical segmentation of the global butterfly valve market

APAC

EMEA

Americas

APAC is expected to maintain the highest market share throughout the forecasting period with a 39% market share. Factors such as urbanization has surged construction activities in the region, boosting the consumption of chemicals. Also, the rapid industrialization of developing countries such as India and China has propelled the demand for oil and gas and electricity in the APAC region.

Competitive landscape and key vendors

Key vendors in this market are –

Emerson Electric

Flowserve

Pentair

Weir

The valves and actuators industries are seeking for vendors that can provide complete solutions rather than following the traditional multi-vendor approach to meet requirements. Therefore, valve manufacturers are increasingly trying to enhance their product portfolio either through strategic M&A or by developing new products themselves.

Other prominent vendors include Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, and KSB Group.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?

What are the key factors driving the global butterfly valve market?

What are the key market trends impacting the growth of the global butterfly valve market?

What are the challenges to market growth?

Who are the key vendors in the global butterfly valve market?

What are the market opportunities and threats faced by the vendors in the global butterfly valve market?

Trending factors influencing the market shares of the APAC, EMEA, and the Americas.

What are the key outcomes of the five forces analysis of the global butterfly valve market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Industrial Valves Market in Oil and Gas Industry 2015-2019

Global Hydraulic Valve Actuators Market 2015-2019

Global Industrial Valves and Actuators Market 2015-2019

Global Industrial Control Valves Market 2015-2019

Global Pneumatic Valve Actuators market 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Butterfly Valve Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Butterfly Valve Market: Emerson Electric, Flowserve, Pentair and Weir

Other Prominent Vendors in the market are: Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, and KSB Group.

Commenting on the report, an analyst from Technavio’s team said: “The end-user industries of valves and actuators are seeking vendors that can provide complete solutions rather than following the traditional multi-vendor approach to meet requirements. As a result, valve manufacturers are increasingly trying to enhance their product portfolio either through strategic M&As or by developing new products.”

According to the report, Rapid industrialization and urbanization have increased the demand for energy and exploration activities worldwide. For instance, exploration activities have surged in Norway, the UK, the Netherlands, and Russia to cope with the growing energy needs. Oil and gas exporting countries such as Russia, as well as large oil exploration companies are leveraging this opportunity to boost revenues and capture larger market shares.

Further, the report states that fluctuating raw material prices reduces the profitability of vendors, restricting the market growth

Companies Mentioned

Emerson Electric, Flowserve, Pentair, Weir, Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, KSB Group.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global butterfly valves market
    • Top-vendor offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global industrial valves market 2014-2019 ($ billions)
  • Market landscape
    • Market size and forecast
      • Table Global butterfly valves market 2014-2019 ($ billions)
      • Table Urbanization in APAC 1990-2020 (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-users
    • Table Global butterfly valves market by end-users 2014-2019
    • Global butterfly valves market by oil and gas industry
      • Table Global butterfly valves market by oil and gas industry 2014-2019 ($ billions)
    • Global butterfly valves market by water and wastewater industry
      • Table Global butterfly valves market by water and wastewater industry 2014-2019 ($ billions)
      • Table World water consumption (billion m³ per year)
    • Global butterfly valves market by power industry
      • Table Global butterfly valves market by power industry 2014-2019 ($ billions)
    • Global butterfly valves market by chemical industry
      • Table Global butterfly valves market by chemical industry 2014-2019 ($ billions)
      • Table Chemical industry in China 2006-2014 ($ billions)
  • Geographical segmentation
    • Table Global butterfly valves market by geography 2014-2019
    • Butterfly valves market in APAC
      • Table Butterfly valves market in APAC 2014-2019 ($ billions)
      • Table Urban population in India (millions)
      • Table Butterfly valves market in West Asia and East Asia 2014-2019
    • Butterfly valves market in EMEA
      • Table Butterfly valves market in EMEA 2014-2019 ($ billions)
    • Butterfly valves market in Americas
      • Table Butterfly valves market in Americas 2014-2019 ($ billions)
  • Market drivers
    • Table CAPEX oil and gas companies in Africa 2010-2013)
    • Table Dry natural gas production in 2014 (billion cubic feet)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Costs of copper ($/mt) August 2014- January 2015
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Key vendors
    • Other prominent vendors
  • Key vendor analysis
    • Emerson Electric
      • Table Emerson Electric: Business segmentation by revenue 2014
      • Table Emerson Electric: Business segmentation by revenue 2013 and 2014
      • Table Emerson Electric: Geographical segmentation by revenue 2014
    • Flowserve
      • Table Flowserve: Business segmentation by revenue 2014
      • Table Flowserve: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Table Flowserve: Geographical segmentation by revenue 2014
    • Pentair
      • Table Pentair: Business segmentation by revenue 2014
      • Table Pentair: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Pentair: Geographical segmentation by revenue 2014
    • Weir
      • Table Weir: Business segmentation by revenue 2014
      • Table Weir: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Weir: Geographical segmentation by revenue 2014
      • Table Weir: Applications by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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