North America Industrial Butterfly Valves Market Size and Forecast (2021

Description

List of Tables

The North America Industrial Butterfly Valves Market is forecast to grow from US$ 1,695.3 Million in 2025 to US$ 2,664.4 Million by 2034. The market is expected to register a CAGR of 5.2% during the forecast period from 2026 to 2034.

Executive Summary and North America Industrial Butterfly Valves Market Analysis

The industrial butterfly valve market in North America is being driven largely by the region's well-established industrial base, with significant demand originating from the oil & gas, chemical, and water and wastewater treatment industries. Ongoing modernization of energy infrastructure, including pipelines, processing facilities, and refineries, is increasing the requirement for efficient and dependable flow control technologies. Butterfly valves are widely selected for these applications because of their compact configuration, relatively low cost, and efficient operating characteristics.

North America's strong energy industry remains a major contributor to demand for industrial butterfly valves, particularly across upstream and midstream applications. According to data from the U.S. Energy Information Administration, US crude oil production reached nearly 13.6 million barrels per day in July 2025, establishing a new production record and exceeding previous expectations. Rising domestic hydrocarbon production is consequently encouraging additional infrastructure investment throughout the region's oil and gas value chain.

Higher production volumes are supporting the development and modernization of pipelines, storage terminals, processing facilities, and refineries. As these facilities are expanded to accommodate greater throughput while meeting increasingly demanding safety and environmental requirements, the need for reliable flow control equipment is also increasing. Butterfly valves are extensively utilized in oil & gas and petrochemical operations for fluid isolation and regulation, particularly where large flow volumes must be managed efficiently.

Strategic Insights

North America Industrial Butterfly Valves Market Segmentation Analysis

By Disc Closure Type, the North America Industrial Butterfly Valves Market is divided into Centric or Concentric and Eccentric. The Eccentric segment held the leading position in 2025.

By Construction Type, the market is segmented into Wafer, Flanged, Welded, and Lug. The Wafer segment dominated the market in 2025.

By Class, the North America Industrial Butterfly Valves Market is categorized into 150, 300, 400, 600, 800, 900, 1500, and 2500. The 150 class segment accounted for the largest share in 2025.

By Industry, the market is segmented into Oil and Gas, LNG, Water Treatment, Power and Energy, Chemical and Petrochemical, and Others. The Oil and Gas segment dominated the market in 2025.

Market Report Scope

North America Industrial Butterfly Valves Market Outlook

Increasing global energy consumption, supported by population expansion, urbanization, and industrial development, is driving higher exploration and production activity across the energy sector. The expansion of upstream, midstream, and downstream operations is creating greater demand for reliable flow control equipment. Butterfly valves are particularly suitable for these applications because of their compact structure, cost efficiency, rapid operation, and ability to manage high-volume fluid flows.

Within upstream operations, including drilling and extraction, butterfly valves are used to control crude oil and natural gas flows under demanding pressure conditions. During midstream transportation, particularly pipeline operations, these valves facilitate flow regulation and isolation, helping minimize leakage risks and improve operational safety. Downstream facilities, including refineries and petrochemical plants, also depend on butterfly valves for efficient process control and reliable fluid management.

Growing investments in pipeline networks, the development of LNG infrastructure, and the expansion and modernization of refining and petrochemical facilities are further increasing demand for robust, high-performance valve technologies. In addition, increasingly stringent environmental and workplace safety requirements are encouraging operators to invest in valve systems capable of delivering reliable operation while minimizing emissions and leakage.

As a result, the oil & gas industry continues to represent one of the most important growth drivers for the industrial butterfly valves market in North America.

North America Industrial Butterfly Valves Market Country Insights

By country, the North America Industrial Butterfly Valves Market is segmented into the United States, Canada, and Mexico. The United States accounted for the largest market share in 2025.

The US industrial butterfly valve market benefits from the country's extensive industrial infrastructure and its strong presence in industries such as oil & gas, water and wastewater treatment, power generation, and chemical manufacturing. Butterfly valves are extensively deployed across these sectors to control liquid and gas flows, improve process efficiency, support safe operations, and regulate industrial systems.

Continued spending on infrastructure development, replacement and modernization of aging facilities, and increasing adoption of industrial automation are creating sustained demand for technologically advanced valve solutions across the United States.

Water and wastewater infrastructure modernization represents another significant source of demand. Utilities and municipal authorities are increasing expenditure on system upgrades to improve reliability, replace aging pipelines, and strengthen safe water distribution networks. For example, New Jersey American Water invested more than US$ 781 million in water and wastewater infrastructure improvements throughout New Jersey in 2025, compared with approximately US$ 520 million in 2024. The investment supports water and wastewater services across more than 190 communities while modernizing critical infrastructure.

Large-scale water infrastructure projects require numerous flow-control components throughout treatment facilities and distribution networks, including industrial butterfly valves. Continued investment of this nature is therefore expected to support valve demand across the US market.

North America Industrial Butterfly Valves Market Company Profiles

Key companies participating in the North America Industrial Butterfly Valves Market include Emerson Electric Co, SLB Limited, Spirax Group plc, Circor International Inc, Flowserve Corp, Velan Inc, The Weir Group PLC, Crane Co, Neway Valve (Suzhou) Co., Ltd, and KITZ Corporation.

These companies are pursuing a range of strategic initiatives, including market expansion, product innovation, strategic development, and mergers and acquisitions. Through these approaches, manufacturers aim to strengthen their product portfolios, introduce advanced valve technologies, respond to changing industrial requirements, expand their customer base, and increase their market share.

Product Code: TIPRE00043927

1. Executive Summary

1.1 Analyst Market Outlook

2. Global Industrial Butterfly Valves Market Landscape

2.1 Overview
2.2 Value Chain Analysis
2.3 Supply Chain Analysis
- 2.3.1 List of Manufacturers/Suppliers
- 2.3.2 List of Potential Customers (Upto 50)
2.4 Porter's Five Forces Analysis
2.5 PEST Analysis

3. Competitive Landscape

3.1 Company Benchmarking by Key Players
3.2 Market Share Analysis, 2025 - By Key Players
3.3 Market Concentration

4. North America Industrial Butterfly Valves Market - Key Industry Dynamics

4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Future Trends
4.5 Impact of Drivers and Restraints:

5. Industrial Butterfly Valves Market - North America Analysis

5.1 North America Industrial Butterfly Valves Market Revenue (US$ Million), 2021 - 2034
5.2 North America Industrial Butterfly Valves Market Revenue Forecast and Analysis

6. North America Industrial Butterfly Valves Market Revenue Analysis - by Disc Closure Type

6.1 North America Industrial Butterfly Valves Market Forecast and Analysis by Disc Closure Type
- 6.1.1 Centric or Concentric
  - 6.1.1.1 Overview
  - 6.1.1.2 Centric or Concentric: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 6.1.2 Eccentric
  - 6.1.2.1 Overview
  - 6.1.2.2 Eccentric: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

7. North America Industrial Butterfly Valves Market Revenue Analysis - by Construction Type

7.1 North America Industrial Butterfly Valves Market Forecast and Analysis by Construction Type
- 7.1.1 Wafer
  - 7.1.1.1 Overview
  - 7.1.1.2 Wafer: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.2 Flanged
  - 7.1.2.1 Overview
  - 7.1.2.2 Flanged: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.3 Welded
  - 7.1.3.1 Overview
  - 7.1.3.2 Welded: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.4 Lug
  - 7.1.4.1 Overview
  - 7.1.4.2 Lug: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

8. North America Industrial Butterfly Valves Market Revenue Analysis - by Class

8.1 North America Industrial Butterfly Valves Market Forecast and Analysis by Class
- 8.1.1 150
  - 8.1.1.1 Overview
  - 8.1.1.2 150: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.2 300
  - 8.1.2.1 Overview
  - 8.1.2.2 300: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.3 400
  - 8.1.3.1 Overview
  - 8.1.3.2 400: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.4 600
  - 8.1.4.1 Overview
  - 8.1.4.2 600: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.5 800
  - 8.1.5.1 Overview
  - 8.1.5.2 800: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.6 900
  - 8.1.6.1 Overview
  - 8.1.6.2 900: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.7 1500
  - 8.1.7.1 Overview
  - 8.1.7.2 1500: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.8 2500
  - 8.1.8.1 Overview
  - 8.1.8.2 2500: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

9. North America Industrial Butterfly Valves Market Revenue Analysis - by Industry

9.1 North America Industrial Butterfly Valves Market Forecast and Analysis by Industry
- 9.1.1 Oil and Gas
  - 9.1.1.1 Overview
  - 9.1.1.2 Oil and Gas: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.2 LNG
  - 9.1.2.1 Overview
  - 9.1.2.2 LNG: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.3 Water Treatment
  - 9.1.3.1 Overview
  - 9.1.3.2 Water Treatment: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.4 Power and Energy
  - 9.1.4.1 Overview
  - 9.1.4.2 Power and Energy: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.5 Chemical and Petrochemical
  - 9.1.5.1 Overview
  - 9.1.5.2 Chemical and Petrochemical: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 9.1.6 Others
  - 9.1.6.1 Overview
  - 9.1.6.2 Others: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

10. North America Industrial Butterfly Valves Market - Country Analysis

10.1 North America
- 10.1.1 North America Industrial Butterfly Valves Market Forecast and Analysis - by Country
  - 10.1.1.1 United States Market
    - 10.1.1.1.1 United States: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 10.1.1.1.2 United States: North America Industrial Butterfly Valves Market - By Segmentation
      - 10.1.1.1.2.1 Disc Closure Type
      - 10.1.1.1.2.2 Construction Type
      - 10.1.1.1.2.3 Class
      - 10.1.1.1.2.4 Industry
  - 10.1.1.2 Canada Market
    - 10.1.1.2.1 Canada: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 10.1.1.2.2 Canada: North America Industrial Butterfly Valves Market - By Segmentation
      - 10.1.1.2.2.1 Disc Closure Type
      - 10.1.1.2.2.2 Construction Type
      - 10.1.1.2.2.3 Class
      - 10.1.1.2.2.4 Industry
  - 10.1.1.3 Mexico Market
    - 10.1.1.3.1 Mexico: North America Industrial Butterfly Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 10.1.1.3.2 Mexico: North America Industrial Butterfly Valves Market - By Segmentation
      - 10.1.1.3.2.1 Disc Closure Type
      - 10.1.1.3.2.2 Construction Type
      - 10.1.1.3.2.3 Class
      - 10.1.1.3.2.4 Industry

11 Industrial Butterfly Valves Market Industry Landscape

12 - Key Company Profiles

12.1 Emerson Electric Co
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 SLB Limited
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Spirax Group plc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Circor International Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Flowserve Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Velan Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 The Weir Group PLC
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Crane Co
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Neway Valve (Suzhou) Co.,Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 KITZ Corporation
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 Glossary
13.2 Research Methodology and Approach
- 13.2.1 Secondary Research
- 13.2.2 Primary Research
- 13.2.3 Market Estimation Approach
  - 13.2.3.1 Supply Side Analysis
  - 13.2.3.2 Demand Side Analysis
- 13.2.4 Research Assumptions and Limitations
- 13.2.5 Currency Conversion
13.3 About The Insight Partners
13.4 Market Intelligence Cloud