Top Key Players Driving Butterfly Valve Technology Advancements

Overview

The global butterfly valve market is projected to reach USD 18.0 billion by 2034, rising from USD 11.6 billion in 2024 at a 4.5% CAGR (2025–2034). Growth is supported by rising infrastructure spending, expanding utility networks, and major energy investments. Asia Pacific leads with a 47.90% share, valued at USD 5.5 billion, driven by rapid industrialization, water-network upgrades, and strong activity in oil & gas and power generation.

By function, manual butterfly valves dominated in 2024 with a 44.9% share, reflecting strong demand for simple, reliable, low-maintenance solutions in water distribution, industrial lines, and building systems. Their ease of installation and independence from external power continue to make them the preferred choice in cost-sensitive and emerging markets.

By end use, oil and gas accounted for 34.7% of the market in 2024, as butterfly valves remain essential across crude transport, refining, and gas-handling operations. Parallel investments—such as Nuveen’s $1.3B energy fund, Texas’s $7.2B gas plant initiative, and nuclear-focused funding, including X-energy’s $700M—further reinforce long-term demand for durable flow-control systems.

Top Key Players in the Market

• Alfa Laval Corporate AB
• Curtiss-Wright Corporation
• Flowserve Corporation
• Emerson Electric Co.
• Pentair PLC
• Weir Group PLC
• AVK Group A/S
• Crane Company
• Schlumberger Limited
• Velan, Inc.

Alfa Laval Corporate AB

Alfa Laval specializes in heat transfer, separation, and fluid-handling technologies that support global industries such as food, marine, energy, chemicals, and wastewater. The company emphasizes sustainability, operational efficiency, and circular solutions. Its portfolio includes heat exchangers, separators, decanters, pumps, and automation systems designed to improve energy use and reduce emissions across industrial processes.

Alfa Laval operates through three major divisions—Energy, Food & Water, and Marine—serving customers in more than 100 countries. The company focuses heavily on high-efficiency processing technologies and environmentally responsible solutions. Its heritage spans more than a century, reflecting deep engineering expertise in industrial fluid technologies.

Curtiss-Wright Corporation

Curtiss-Wright delivers engineered products and advanced technologies for defense, commercial aerospace, and industrial markets. The company traces its roots to aviation pioneers and focuses on mission-critical solutions. It provides essential hardware, components, and engineering systems to support global military and commercial applications.

Its expertise spans aerospace controls, naval defense technologies, and industrial automation. Curtiss-Wright’s value lies in precision engineering, safety-critical systems, and innovation leadership. The company maintains a diverse portfolio serving government agencies, OEMs, and industrial customers worldwide.

Flowserve Corporation

Flowserve provides industrial flow-control solutions, including pumps, valves, mechanical seals, automation, and aftermarket services. The company supports industries requiring precision fluid movement, such as oil & gas, chemicals, power generation, and water management. Flowserve focuses on efficiency, reliability, and safety in complex
industrial applications.

The company maintains a strong global presence with manufacturing, R&D, and service centers supporting customers worldwide. Its digital capabilities and advanced monitoring technologies strengthen operational performance and predictive maintenance solutions across industries.

Emerson Electric Co.

Emerson provides automation technologies that enhance industrial performance, sustainability, and safety. Its portfolio includes measurement systems, control technologies, software solutions, and digital automation tools used across manufacturing, energy, chemicals, and utilities. Emerson helps customers optimize plant performance and reduce
environmental footprints.

The company is known for its strong technological innovation, supporting digital transformation across critical infrastructure sectors. Emerson operates globally through business units such as Automation Solutions and Commercial
& Residential Solutions.

Pentair PLC

Pentair delivers advanced water treatment and fluid-management solutions for residential, commercial, industrial, and foodservice applications. Its technologies enable water purification, filtration, heating, storage, and distribution. Pentair focuses on sustainability and improving global water quality while serving millions of customers.

The company’s solutions support smarter water use across homes, buildings, industries, and municipal systems. With a strong commitment to efficiency and reliability, Pentair has become a recognized global leader in water technology
innovation.

Weir Group PLC

Weir Group delivers engineering solutions for mining, infrastructure, and industrial markets. Its products support critical processes such as comminution, slurry handling, and mineral processing. The company prioritizes efficiency, safety, and sustainable resource operations across global mining operations.

Weir’s strong materials-science expertise and engineering depth allow it to support large-scale industrial operations globally. The company also focuses heavily on reducing industry emissions and improving energy efficiency.

AVK Group A/S

AVK is a global manufacturer of valves, hydrants, and accessories for water distribution, wastewater treatment, gas supply, and industrial applications. The company is recognized for its engineering reliability and long product lifecycles. AVK solutions play an essential role in water infrastructure worldwide.

AVK emphasizes high-quality materials, performance testing, and advanced manufacturing. With decades of engineering experience, the group maintains strong expertise in water-system efficiency and network reliability.

Crane Company

Crane Company delivers engineered industrial products and solutions for fluid handling, aerospace, payment systems, and related applications. Crane focuses on high-performance technologies that support safe and efficient industrial operations. The company serves customers in highly regulated and mission-critical industries.

Crane’s portfolio combines innovative hardware, advanced materials, and integrated systems designed for reliability and precision. Its global network supports customers across diverse commercial and industrial markets.

Schlumberger Limited (SLB)

SLB is a global technology company providing digital solutions and advanced engineering for the energy sector. It offers technologies for reservoir characterization, drilling, production, carbon management, and energy transition. SLB focuses heavily on innovation and decarbonization.

The company operates across more than 100 countries, supporting energy security and sustainability. Its expertise enables customers to optimize operations, reduce emissions, and adopt new energy technologies.

Velan Inc.

Velan manufactures industrial valves for power, oil & gas, chemical, pulp & paper, and mining industries. The company is known for engineering excellence, high-performance valves, and reliability in demanding environments. It offers a large portfolio including gate, globe, check, and ball valves.

Velan operates manufacturing plants and sales offices across multiple continents, supplying critical valve solutions to both industrial and energy customers. Its strong engineering foundation supports long-term service reliability.

Conclusion

The butterfly valve market continues to advance as industries prioritize efficient flow control, long equipment life, and simplified operations. Growing demand across water treatment, energy, oil and gas, and industrial processing strengthens the market’s long-term outlook. Manufacturers are focusing on improved sealing, corrosion resistance, and automation compatibility to meet evolving performance standards.

Infrastructure modernization, sustainability goals, and the shift toward smarter utility networks further expand adoption. With its compact design and cost efficiency, the butterfly valve remains a dependable choice across critical applications, ensuring steady market growth and technological evolution in the years ahead.

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