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Worst May be Over for Butterfly Valves Market; How Industry Players Will Regain 5.76% Growth Cycle Again
Butterfly Valves Market Latest Edition Published with Forecast to 2027- Feb 23, 2022
- Industrial Machinery
AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Butterfly Valves market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Butterfly Valves market to grow at a CAGR of 5.76% to aggregate USD12.25 Million by 2026.
The Components, such as Body, is boosting the Butterfly Valves market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Butterfly Valves market will experience significant growth during the forecast period due to potential opportunities lying in the market such as. Some of the important driving forces are “Increasing Demand for Energy & Advancement in Oil & Gas Production, Escalating Usage of Power in Industrial Processes and Increasing Need for Automation in Process Industry”.
Butterfly valve is used to regulate the flow of liquid. It works on a mechanism of a rotating disk. The operation of these valves is similar to that of a ball valve which helps in an immediate shut-off. Butterfly valves are mostly favored choice because their cost is lesser other valve designs, and are very lightweight. Further, the growing demand from the oil & gas industry, an upsurge in the deployment of power in industrial processes are few factors driving the butterfly valves market.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Butterfly Valves market by Type (Stainless Steel Valves, Cast Iron Valves, Aluminum Valves and Others), by Application (Oil and gas industry, Water and wastewater industry, Power industry, Chemical industry and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Butterfly Valves market to grow at a CAGR of 5.76% to aggregate USD12.25 Million by 2026.
The Components, such as Body, is boosting the Butterfly Valves market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Butterfly Valves market will experience significant growth during the forecast period due to potential opportunities lying in the market such as
Butterfly valve is used to regulate the flow of liquid. It works on a mechanism of a rotating disk. The operation of these valves is similar to that of a ball valve which helps in an immediate shut-off. Butterfly valves are mostly favored choice because their cost is lesser other valve designs, and are very lightweight. Further, the growing demand from the oil & gas industry, an upsurge in the deployment of power in industrial processes are few factors driving the butterfly valves market.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Butterfly Valves market by Type (Stainless Steel Valves, Cast Iron Valves, Aluminum Valves and Others), by Application (Oil and gas industry, Water and wastewater industry, Power industry, Chemical industry and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
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