Double Offset Butterfly Valves Market
The market for Double Offset Butterfly Valves was estimated at $1.6 billion in 2024; it is anticipated to increase to $2.4 billion by 2030, with projections indicating growth to around $3.2 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Double Offset Butterfly Valves Market Outlook
Revenue, 2024
$1.6B
Forecast, 2034
$3.0B
CAGR, 2025 - 2034
6.4%
The Double Offset Butterfly Valves industry revenue is expected to be around $1.7 billion in 2025 and expected to showcase growth with 6.4% CAGR between 2025 and 2034. The Double Offset Butterfly Valves market demonstrates strong growth because of its expanding importance across different industries. The market expansion stems mainly from rising industrial requirements for efficient flow control systems and the growing need for automation in industries and continuous valve technology improvements. These valves remain essential because they provide operational safety and efficiency in various applications including water treatment and power generation.
The Double Offset Butterfly Valve, also known as High-Performance Butterfly Valve design provides exceptional sealing performance and reduced wear which leads to extended lifespan and lower operational costs. The valves operate in oil and gas and chemical and wastewater management sectors because they can manage high-pressure and high-temperature environments.
Market Key Insights
- The Double Offset Butterfly Valves market is projected to grow from $1.6 billion in 2024 to $3.0 billion in 2034. This represents a CAGR of 6.4%, reflecting rising demand across Oil & Gas Industry, Power Generation and Water Treatment Plants.
- Emerson Electric Co., KITZ Corporation, Flowserve Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Double Offset Butterfly Valves market and are expected to observe the growth CAGR of 4.2% to 6.1% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 7.4% to 8.8%.
- Transition like Digitization in Valve Industry has greater influence in U.S. and Germany market's value chain; and is expected to add $76 million of additional value to Double Offset Butterfly Valves industry revenue by 2030.
- The Double Offset Butterfly Valves market is set to add $1.4 billion between 2024 and 2034, with manufacturer targeting Water & Wastewater & Power Generation Applications projected to gain a larger market share.
- With Rising adoption in water and wastewater treatment, and Advancements in oil and gas industry, Double Offset Butterfly Valves market to expand 86% between 2024 and 2034.
Opportunities in the Double Offset Butterfly Valves
Double Offset Butterfly Valves can enhance their market presence through strategic partnerships with local and international companies. The partnerships enable technology transfer and product development and market penetration particularly in emerging economies where infrastructure development is also increasing.
Growth Opportunities in North America and Asia-Pacific
The advanced industrial infrastructure of North America makes it a major market for double offset butterfly valves, commonly known in the industry as double eccentric butterfly valves. The oil and gas sector of North America, along with its growing water and wastewater treatment industry, serve as primary market drivers for these valves. Technological advancements in valve design and operation in the region are creating opportunities for developing more efficient and durable double eccentric butterfly valves. The North American market faces strong competition from established valve manufacturers who continue to innovate to maintain their market dominance.
The Asia-Pacific region experiences rising industrial sector growth which drives increasing demand for Double Offset Butterfly Valves. The chemical and oil and gas and water treatment industries of China and India are rapidly expanding to become major market demand centers. The market for advanced valves experiences growth because the Asia-Pacific region invests more in infrastructure development and industrial automation. The market competition in this region remains intense because domestic and international manufacturers fight to capture market share. The Asia-Pacific market requires companies to deliver high-quality valves which fulfill the specific requirements of different industrial sectors to achieve success.
Market Dynamics and Supply Chain
01
Driver: Rising Adoption in Water and Wastewater Treatment, and Increasing Industrialization in Developing Economies
The worldwide requirement for efficient water and wastewater management systems has also driven up the demand for Double Offset Butterfly Valves. The valves have also gained popularity because of their durability and efficiency which makes them suitable for water treatment plant applications where they control and separate liquid flow. The double offset design of these valves provides low maintenance requirements which makes them suitable for high-pressure water and wastewater treatment applications. The surge in industrial activities in developing economies has also led to an increased demand for Double Offset Butterfly Valves. These valves are also commonly used in various industries such as power generation, chemical, and petrochemical due to their ability to handle a wide range of temperatures and pressures. As industrialization continues to grow in these regions, the demand for Double Offset Butterfly Valves is also expected to rise correspondingly.
The oil and gasindustry'stechnological advancements have also led to increased usage of Double Offset Butterfly Valves. These valves are also designed to handle high temperature and pressure conditions, making them suitable for oil and gas operations. Theindustry'sshift towards automation has also also increased the demand for these valves, as they can also be easily integrated with automated systems for better flow control.
02
Restraint: High Initial Investment
The high initial cost of Double Offset Butterfly Valves acts as a barrier for many potential customers especially small and medium-sized enterprises. The valves are complex equipment that need skilled labor for installation and maintenance which adds to their high initial costs. The high initial investment acts as a barrier to market growth because it restricts the customer base to those who can afford such costs.
03
Opportunity: Technological Innovation and Evolving Consumer Needs
The introduction of smart and automated technologies creates substantial market expansion opportunities for Double Offset Butterfly Valves. The implementation of IoT and AI technologies in valve operations leads to improved efficiency and reduced downtime and better predictive maintenance capabilities. The technological advancement will increase market demand in oil & gas and water treatment and power generation sectors because these industries require reliable valve performance.
The increasing focus on energy efficiency and environmental sustainability drives changes in what consumers need. The market demand for Double Offset Butterfly Valves is strong because these valves deliver high performance while minimizing emissions. The market demand is most pronounced in industries that aim to decrease their environmental impact and boost operational performance.
04
Challenge: Technical Challenges
The operation of Double Offset Butterfly Valves involves a steep learning curve, requiring specialized training for proper use and maintenance. Additionally, these valves are often used in harsh environments and high-pressure applications, which can lead to technical issues and equipment failure if not only properly managed. These technical challenges can impede market growth, as they increase the risk of operational downtime and potential safety hazards, discouraging potential customers from adopting these valves.
Supply Chain Landscape
1
Raw Material Suppliers
ArcelorMittalNippon Steel Corporation
2
Component Manufacturers
Emerson Electric Co.Kitz Corporation
3
Assembly & Testing
Flowserve CorporationIMI plc
4
Distribution & End-users
Oil and GasWater Treatment FacilitiesPower Generation
1
Raw Material Suppliers
ArcelorMittalNippon Steel Corporation
2
Component Manufacturers
Emerson Electric Co.Kitz Corporation
3
Assembly & Testing
Flowserve CorporationIMI plc
4
Distribution & End-users
Oil and GasWater Treatment FacilitiesPower Generation
Use Cases of Double Offset Butterfly Valves in Oil & Gas Industry & Power Generation
Oil & Gas Industry : The oil and gas industry extensively uses Double Offset Butterfly Valves due to their high performance and durability. These valves are primarily used for regulating the flow of oil and gas in pipelines. High-pressure Double Offset Butterfly Valves are preferred in this application due to their ability to withstand extreme pressures and temperatures. Top players in this application include Emerson Electric Co. and Flowserve Corporation, known for their high-quality valves and strong market position.
Water Treatment Plants : In water treatment plants, Double Offset Butterfly Valves are used to control the flow of water during various stages of treatment. These valves are known for their precise flow control and resistance to corrosion, making them ideal for this application. The most commonly used in this application is the stainless steel Double Offset Butterfly Valve. Key players in this application include Alfa Laval and KITZ Corporation, both renowned for their innovative valve solutions and market leadership.
Power Generation : Power generation plants utilize Double Offset Butterfly Valves for controlling the flow of steam in power turbines. These valves are valued for their ability to handle high temperatures and pressures, as well as their longevity. High-temperature Double Offset Butterfly Valves are the most common used in this application. Prominent players in this application include Cameron International Corporation and IMI plc, both recognized for their high-performance valves and strong market presence.
Recent Developments
Double Offset Butterfly Valves, known for their advanced flow control capabilities, have seen significant developments in recent years. The market has witnessed a surge in demand, driven by the increasing need for efficient fluid management systems in various industries such as oil and gas, water treatment, and power generation. Innovations in design and technology have led to the advent of high-performance Double Offset Butterfly Valves that offer superior durability and reliability.
December 2024 : Emerson Electric Co. launched a new range of Double Offset Butterfly Valves, which are designed to be more energy-efficient and durable, thereby reducing maintenance costs for industries
October 2024 : Flowserve Corporation introduced a patented technology in their Double Offset Butterfly Valves that enhances flow control and minimizes wear and tear, thus extending the lifespan of the valves
August 2024 : Cameron, a Schlumberger company, announced a strategic partnership with a leading oil and gas company to supply custom-made Double Offset Butterfly Valves for their new offshore project.
Impact of Industry Transitions on the Double Offset Butterfly Valves Market
As a core segment of the Pumps, Motors & Valves industry,
the Double Offset Butterfly Valves market develops in line with broader industry shifts.
Over recent years, transitions such as Digitization in Valve Industry and Shift towards Sustainable Practices have redefined priorities
across the Pumps, Motors & Valves sector,
influencing how the Double Offset Butterfly Valves market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Digitization in Valve Industry
Digital technology introduced major changes to the Double Offset Butterfly Valves industry. The combination of IoT and AI technology has resulted in the creation of smart valves which improve operational efficiency and decrease maintenance expenses. These technologies enable predictive maintenance which detects potential problems before they become major issues thus minimizing equipment downtime and boosting operational efficiency. The industry transformation affects both the valve sector and its main application sectors including oil and gas production and water treatment and power generation systems.
02
Shift towards Sustainable Practices
The Double Offset Butterfly Valves industry is experiencing a shift towards more sustainable and energy-efficient practices. Manufacturers are now focusing on developing valves that are not only high in performance but also energy-efficient and environmentally friendly. This transition has led to the introduction of valves made from recyclable materials and those that minimize leakage, reducing environmental impact. This shift has had a profound impact on industries such as manufacturing and construction, compelling them to adopt these sustainable valves to meet their environmental responsibilities and regulatory requirements.