North America Butterfly Valve Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

North America Butterfly Valve Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America butterfly valve market is currently witnessing moderate growth. Butterfly valves are quarter-turn rotational shutoff valves commonly used to start, regulate and stop the flow of fluids or gases through a pipeline. These valves are made using two semi-circles linked to a disc shape, which operates using gears and handles. They are reliable and find extensive applications in the oil and gas, water treatment, and pulp and paper industries across the North American region.

The increasing oil exploration activities represent one of the significant factors propelling the growth of the North America butterfly valve market. Apart from this, butterfly valves consume less space, exhibit simple constructions and cost less than isolation valves. Consequently, they are widely utilized in the production of chemicals and shale oil and gas reserves. Furthermore, the leading manufacturers are investing in renewable power plants to reduce their dependency on fossil fuels. Besides this, the outbreak of the coronavirus disease (COVID-19) has negatively impacted the market. This can be accredited to lockdown restrictions, temporary closures of manufacturing units and disruption in the supply chain. However, the market is anticipated to experience an increase in overall sales once the regional governing agencies introduce lockdown relaxations. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America butterfly valve market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, material type, design, function and end-use industry.

Breakup by Product Type:

Rubber Lined Butterfly Valve
Plastic Lined Butterfly Valve
Metal Lined Butterfly Valve

Breakup by Material Type:

Stainless Steel
Cast Iron
Aluminum
Others

Breakup by Design:

Centric Butterfly Valve
Single-Eccentric Butterfly Valve
Double-Eccentric Butterfly Valve
Triple-Eccentric Butterfly Valve

Breakup by Function:

On/Off Valve
Control Valve

Breakup by End-Use Industry:

Oil and Gas Industry
Water and Wastewater Industry
Power Generation Industry
Chemical Industry
Others

Breakup by Country:

United States
Canada

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the North America butterfly valve market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the North America butterfly valve market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the design?
What is the breakup of the market based on the function?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the North America butterfly valve market and who are the key players?
What is the degree of competition in the industry?