Triple Offset Butterfly Valve - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Triple Offset Butterfly Valve Market is accounted for $2.52 billion in 2019 and is expected to reach $4.05 billion by 2027 growing at a CAGR of 6.1% during the forecast period. Growing demand for energy and power generation and high-pressure handling capacity are the major factors propelling the growth of the market. However, the lack of common standards and policies, and high fabrication cost are hampering the market growth.
Triple offset butterfly valves also known as eccentric valves and are used in various industries, such as oil & gas industry, and power plants, among others. Initially, triple offset butterfly valves were designed for water shut-off applications, but due to its enhanced design and ability to work in harsh environments, it resulted to be used for different applications in different industries. Triple offset butterfly valves have similar components as of concentric butterfly valves. Triple offset butterfly valves have metal-to-metal configuration and owing to this they can achieve zero leakage. Triple offset butterfly valves have no cavity which prevents the build-up of solids. Low cost coupled with bi-directional zero leakage closure with the metal seat, opens the path for the use of triple offset butterfly valves in various applications.
Based on the material, the stainless steel segment is going to have a lucrative growth during the forecast period owing to the rising demand for high-quality triple offset butterfly valves in food & beverages and chemical industries to mitigate the threat of contamination in critical processes, such as water and steam handling.
By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the dense population and increasing per capita income, along with large-scale industrialization and rapid urbanization. These are the major factors driving the growth of the market in this region. Asia consists of a few fast-growing economies, such as China, India, and other Southeast Asian countries. Owing to the increasing urban population in the region, there is a high demand for new and improved wastewater treatment systems.
Some of the key players profiled in the Triple Offset Butterfly Valve Market include ADAMS Armature GmBH, Cameron, Emerson, L&T Valves, The Weir Group, Bray International, Hobbs Valve, Pentair Valves & Controls, JC Valves, Velan, Dembla Valves Ltd, CRANE ChemPharma Energy, OHL Gutermuth Industrial Valves GmbH, Value Valves CO., LTD, and ARI Valve Corp.
Product Types Covered:
• Forging
• Casting
Sizes Covered:
• Up to 10”
• >10”–25”
• >25”–50”
• >50”
Materials Covered:
• Stainless Steel
• Carbon Steel
• Alloy Based
• Brass
• Bronze
• Cast Iron
• Cryogenic
End Users Covered:
• Building & Construction
• Chemicals
• Energy & Power
• Food & Beverages
• Metals & Mining
• Oil & Gas
• Petrochemical
• Pharmaceuticals & Healthcare
• Pulp & Paper
• Steel Mills
• Sugar Mills
• Water & Wastewater Treatment
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Triple Offset Butterfly Valve Market, By Product Type
5.1 Introduction
5.2 Forging
5.3 Casting
6 Global Triple Offset Butterfly Valve Market, By Size
6.1 Introduction
6.2 Up to 10”
6.3 >10”–25”
6.4 >25”–50”
6.5 >50”
7 Global Triple Offset Butterfly Valve Market, By Material
7.1 Introduction
7.2 Stainless Steel
7.3 Carbon Steel
7.4 Alloy Based
7.5 Brass
7.6 Bronze
7.7 Cast Iron
7.8 Cryogenic
8 Global Triple Offset Butterfly Valve Market, By End User
8.1 Introduction
8.2 Building & Construction
8.3 Chemicals
8.4 Energy & Power
8.5 Food & Beverages
8.6 Metals & Mining
8.7 Oil & Gas
8.8 Petrochemical
8.9 Pharmaceuticals & Healthcare
8.10 Pulp & Paper
8.11 Steel Mills
8.12 Sugar Mills
8.13 Water & Wastewater Treatment
9 Global Triple Offset Butterfly Valve Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 ADAMS Armature GmBH
11.2 Cameron
11.3 Emerson
11.4 L&T Valves
11.5 The Weir Group
11.6 Bray International
11.7 Hobbs Valve
11.8 Pentair Valves & Controls
11.9 JC Valves
11.10 Velan
11.11 Dembla Valves Ltd
11.12 CRANE ChemPharma?Energy
11.13 OHL Gutermuth Industrial Valves GmbH
11.14 Value Valves CO., LTD
11.15 ARI Valve Corp
List of Tables
1 Global Triple Offset Butterfly Valve Market Outlook, By Region (2018-2027) ($MN)
2 Global Triple Offset Butterfly Valve Market Outlook, By Product Type (2018-2027) ($MN)
3 Global Triple Offset Butterfly Valve Market Outlook, By Forging (2018-2027) ($MN)
4 Global Triple Offset Butterfly Valve Market Outlook, By Casting (2018-2027) ($MN)
5 Global Triple Offset Butterfly Valve Market Outlook, By Size (2018-2027) ($MN)
6 Global Triple Offset Butterfly Valve Market Outlook, By Up to 10” (2018-2027) ($MN)
7 Global Triple Offset Butterfly Valve Market Outlook, By >10”–25” (2018-2027) ($MN)
8 Global Triple Offset Butterfly Valve Market Outlook, By >25”–50” (2018-2027) ($MN)
9 Global Triple Offset Butterfly Valve Market Outlook, By >50” (2018-2027) ($MN)
10 Global Triple Offset Butterfly Valve Market Outlook, By Material (2018-2027) ($MN)
11 Global Triple Offset Butterfly Valve Market Outlook, By Stainless Steel (2018-2027) ($MN)
12 Global Triple Offset Butterfly Valve Market Outlook, By Carbon Steel (2018-2027) ($MN)
13 Global Triple Offset Butterfly Valve Market Outlook, By Alloy Based (2018-2027) ($MN)
14 Global Triple Offset Butterfly Valve Market Outlook, By Brass (2018-2027) ($MN)
15 Global Triple Offset Butterfly Valve Market Outlook, By Bronze (2018-2027) ($MN)
16 Global Triple Offset Butterfly Valve Market Outlook, By Cast Iron (2018-2027) ($MN)
17 Global Triple Offset Butterfly Valve Market Outlook, By Cryogenic (2018-2027) ($MN)
18 Global Triple Offset Butterfly Valve Market Outlook, By End User (2018-2027) ($MN)
19 Global Triple Offset Butterfly Valve Market Outlook, By Building & Construction (2018-2027) ($MN)
20 Global Triple Offset Butterfly Valve Market Outlook, By Chemicals (2018-2027) ($MN)
21 Global Triple Offset Butterfly Valve Market Outlook, By Energy & Power (2018-2027) ($MN)
22 Global Triple Offset Butterfly Valve Market Outlook, By Food & Beverages (2018-2027) ($MN)
23 Global Triple Offset Butterfly Valve Market Outlook, By Metals & Mining (2018-2027) ($MN)
24 Global Triple Offset Butterfly Valve Market Outlook, By Oil & Gas (2018-2027) ($MN)
25 Global Triple Offset Butterfly Valve Market Outlook, By Petrochemical (2018-2027) ($MN)
26 Global Triple Offset Butterfly Valve Market Outlook, By Pharmaceuticals & Healthcare (2018-2027) ($MN)
27 Global Triple Offset Butterfly Valve Market Outlook, By Pulp & Paper (2018-2027) ($MN)
28 Global Triple Offset Butterfly Valve Market Outlook, By Steel Mills (2018-2027) ($MN)
29 Global Triple Offset Butterfly Valve Market Outlook, By Sugar Mills (2018-2027) ($MN)
30 Global Triple Offset Butterfly Valve Market Outlook, By Water & Wastewater Treatment (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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