The India butterfly valve market size reached USD 1.00 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.50 Billion by 2033, exhibiting a growth rate (CAGR) of 3.50% during 2025-2033. The India butterfly valve market share is expanding, driven by increasing investments in renewable energy projects that require efficient flow control solutions, along with the growing applications in gas processing plants, crude oil refining units, and petrochemical facilities for throttling liquids.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.00 Billion |
Market Forecast in 2033 | USD 1.50 Billion |
Market Growth Rate 2025-2033 | 3.50% |
Growing focus on power generation
The rising focus on power generation is offering a favorable India butterfly valve market outlook. According to the Ministry of Power, as of January 2024, the power generation capacity installed in India was approximately 4,26,132 MW. From the whole generation capacity of 9,943 MW incorporated in the year 2023-24, 1,674 MW came from fossil fuel resources while 8,269 MW was from non-fossil fuel resources. With increasing investments in renewable energy projects, including solar, wind, and hydroelectric facilities, the demand for reliable flow control solutions is growing. Butterfly valves are widely used in power generation systems due to their compact design, lightweight structure, and ability to handle high-pressure applications. These valves are proving essential in cooling systems, steam circuits, and water distribution networks within power plants. As worldwide power usage continues to rise, power facilities are expanding capacity and upgrading infrastructure, further creating the need for durable and efficient valve systems. Additionally, advancements in butterfly valve designs, such as improved sealing mechanisms, are enhancing performance in demanding environments. With government agencies and industries actively promoting sustainable energy generation, butterfly valves are becoming increasingly vital for ensuring smooth operation and effective fluid control in modern power systems.
Increasing employment in oil and gas industry
Rising applications in the oil and gas industry are impelling the India butterfly valve market growth. With ongoing exploration and production activities owing to the high demand for oil and gas, especially in regions with significant oil reserves, the need for durable and cost-effective valve solutions is increasing. According to the IBEF, India's oil demand is expected to double, reaching 11 Million barrels daily by 2045. Butterfly valves are gaining preferences in the industry on account of their compact design, easy installation, and ability to handle large volumes of fluids under varying pressures. These valves are widely utilized in gas processing plants, crude oil refining units, and petrochemical facilities for isolating, throttling, and regulating flow. Additionally, innovations in valve materials, such as improved coatings for corrosion resistance, are enhancing their longevity in harsh environments. As the oil and gas industry continues to thrive with new exploration projects and infrastructure upgrades, butterfly valves play a crucial role in ensuring efficient fluid flow management and refining overall operational safety and performance.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product type, material type, design, function, and end use industry.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product types. This includes rubber lined butterfly valve, plastic lined butterfly valve, and metal lined butterfly valve.
Material Type Insights:
A detailed breakup and analysis of the market based on the material types have also been provided in the report. This includes stainless steel, cast iron, aluminium, and others.
Design Insights:
The report has provided a detailed breakup and analysis of the market based on the designs. This includes centric butterfly valve, single-eccentric butterfly valve, double-eccentric butterfly valve, and triple-eccentric butterfly valve.
Function Insights:
A detailed breakup and analysis of the market based on the functions have also been provided in the report. This includes on/off valve and control valve.
End Use Industry Insights:
The report has provided a detailed breakup and analysis of the market based on the end use industries. This includes oil and gas industry, water and wastewater industry, power generation industry, chemical industry, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Rubber Lined Butterfly Valve, Plastic Lined Butterfly Valve, Metal Lined Butterfly Valve |
Material Types Covered | Stainless Steel, Cast Iron, Aluminium, Others |
Designs Covered | Centric Butterfly Valve, Single-Eccentric Butterfly Valve, Double-Eccentric Butterfly Valve, Triple-Eccentric Butterfly Valve |
Functions Covered | On/Off Valve, Control Valve |
End Use Industries Covered | Oil and Gas Industry, Water and Wastewater Industry, Power Generation Industry, Chemical Industry, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: