Butterfly Valve Market 2023: Size, Share, Price, Top Brands, & Report 2028
The latest report by IMARC Group, titled “ Butterfly Valve Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the global butterfly valve market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global butterfly valve market size reached US$ 10.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028. A butterfly valve is a quarter-turn valve that operates and controls the flow of liquid or gas in a pipeline by using a rotating disc. It consists of two semi-circular plates hinged at the center, along with a seal, stem, disc, and an actuator, which can be operated through handles and gears. It works as a quarter-turn valve or rotary motion valve, wherein it operates in a fully open to fully closed position, w...