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    Triple Offset Butterfly Valve Market Report

    Triple Offset Butterfly Valve Market Report
    Report code - SRCE282 Delivery - 2 Weeks
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    Triple Offset Butterfly Valve Market Size, Share, Trend, Forecast, & Industry Analysis See more...

    Impact of COVID-19 on Triple Offset Butterfly Valve Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Triple Offset Butterfly Valve Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Triple offset butterfly valve market is likely to witness a healthy CAGR of 4.0% during the forecast period. The prime factors contributing to the demand for triple offset butterfly valves are growing demand for energy and power generation in developing countries along with rising urbanization. Because of triple offset butterfly valve’s lightweight structure, compact, quarter-turn design, they are easy to install, operate, and require less pipe bracing. They provide cost saving, easy repair due to replaceable seal ring and bi-directional zero leakage closure for a wide temperature range.

    Triple Offset Butterfly Valve Market - Snapshot

    Growth

    4.0% for the next five years

    Major Size Type

    Up to 10”

    Dominant Material Type

    Stainless Steel

    Dominant End-Use Industry Type

    Oil & Gas

    Region with the highest demand

    Asia-Pacific

    Key Players

    Bürkert Fluid Control Systems, Emerson Electric Co., Flowserve Corporation, IMI plc., Curtiss Wright Corporation, Trillium Flow Technologies, Cameron - Schlumberger, Metso Corporation, Crane Co., KITZ Corporation, and others.

    Segment Analysis

    Triple-Offset-Butterfly-Valve-Market-Dominant-Segments

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    Triple Offset Butterfly Valve Market Share: By Size Type

    Based on the size type, the triple offset butterfly valve market is segmented as up to 10”, 10”-25”, 25”-50”, and more than 50”. The size of valve is selected based on flow pressure, noise, vibration, and media. Triple offset butterfly valves of size up to 10” accounted for the largest market share and are expected to maintain their leadership during the forecast period. Valves of this size are mostly used in water & wastewater treatment, chemical, oil & gas, and energy & power industries as these valves are easy to replace, require less maintenance, and have efficient working mechanism. 

    Triple Offset Butterfly Valve Market Share: By Material Type

    Based on the material type, the market is segmented as stainless steel, carbon steel, alloy based, and others. Stainless steel-based triple offset butterfly valves dominated the market in 2020, and are expected to remain dominant during the forecast period. Rising demand for high-quality butterfly valves in food & beverages and chemical industries in order to mitigate the contamination in critical processes is likely to drive the market.

    Triple Offset Butterfly Valve Market Share: By End-Use Industry Type

    Based on the end-use industry type, the triple offset butterfly valve market is segmented as oil & gas, water & wastewater treatment, energy & power, pharmaceuticals & healthcare, food & beverages, metals & mining, chemicals, building & construction, pulp & paper, and others. Oil & gas is expected to dominate the market during the forecast period owing to the industry’s need for minimizing the production cost and to enhance operational efficiency.

    Triple Offset Butterfly Valve Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to remain the largest market during the forecast period due to the significant use of butterfly valves in water & wastewater treatment industry. Furthermore, large scale industrialization and rapid urbanization are likely to propel the uses of triple offset butterfly valves in various end use industries.

    Triple-Offset-Butterfly-Valve-Market-By-Region

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    Market Scope & Segmentation

    Triple offset valves, also known as triple eccentric valves, are designed originally for water shut-off applications. Currently, these valves have received attention from various industries because of the role they can play in controlling fugitive emission. Generally, triple offset valves are used for specific applications because of their sealing feature along with cost saving over other metal-seated valves.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Triple Offset Butterfly Valve Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The triple offset butterfly valve market is segmented into the following categories. 

    Triple Offset Butterfly Valve Market Size, Share, & Forecast, by Size Type:

    • Up to 10” (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) 
    • >10”–25” (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >25”–50” (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >50” (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Triple Offset Butterfly Valve Market Size, Share, & Forecast, by Material Type:

    • Stainless Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Alloy Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Material Type Analysis: Brass, Bronze, Cast Iron, and Cryogenic)

    Triple Offset Butterfly Valve Market Size, Share, & Forecast, by End-Use Industry Type:

    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Water & Wastewater Treatment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Energy & Power (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pharmaceuticals & Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverages (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemicals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pulp & Paper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metals & Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Triple Offset Butterfly Valve Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the major triple offset butterfly valve manufacturers are-

    • Bürkert Fluid Control Systems
    • Emerson Electric Co.
    • Flowserve Corporation
    • IMI plc.
    • Curtiss Wright Corporation
    • Trillium Flow Technologies
    • Cameron International Corporation
    • Metso Corporation
    • Crane Co.
    • KITZ Corporation
    • others.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by end-use industry type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The triple offset butterfly valve market is expected to witness an impressive growth of 4.0% CAGR in the foreseeable future.

    Brkert Fluid Control Systems, Emerson Electric Co., Flowserve Corporation, IMI plc, Curtiss Wright Corporation, Trillium Flow Technologies, Cameron International Corporation, Metso Corporation, Crane Co., KITZ Corporation, and others are among the key players in the triple offset butterfly valve market.

    Asia-pacific is expected to remain the largest triple offset butterfly valve market during the forecast period of 2021-26.

    Oil & gas is expected to remain dominant end-use industry in the triple offset butterfly valve market in the coming five years.

    Stainless steel-based triple offset butterfly valve segment is expected to remain dominant in the triple offset butterfly valve market over the next five years.

    Triple offset butterfly valves of size up to 10 are expected to maintain their leadership in the market in the coming years.

    The prime factors contributing to the demand for triple offset butterfly valves are growing demand for energy and power generation in developing countries along with rising urbanization.

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