Triple offset butterfly valves have the same component as a concentric butterfly valve. A triple offset butterfly valve is usually metal to metal seat configuration valve. With this design the valve can achieve zero-leakage. Typically a triple offset butterfly valve has no cavity to allow build-up.
Triple offset butterfly valve covered the triple offset butterfly valve made by carbon steel, stainless steel, alloy steel and others. They are widely used in Oil and Gas, Petrochemical, Energy Power Generation and other industry.
Europe is the largest market of Triple offset butterfly valves based on production revenue and account for 29.32% of the revenue market in 2016.
In the next few years, the annual growth rate will be about 4.08% from 2017 to 2022, there will be about 352.7 K ton produced in 2022. And it is forecasted that Europe will still be the largest production regions, occupied 29.32% market share, followed by North America.
We tend to believe that this industry has a bright future, considering the current demand of triple offset butterfly valves. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Triple Offset Butterfly Valves market will register a 3.2% CAGR in terms of revenue, the global market size will reach USD 640 million by 2024, from USD 530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Triple Offset Butterfly Valves business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Triple Offset Butterfly Valves market by product type, application, key manufacturers and key regions and countries.
This study considers the Triple Offset Butterfly Valves value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Carbon Steel Triple Offset Butterfly Valves
Stainless Steel Triple Offset Butterfly Valves
Alloy Steel Triple Offset Butterfly Valves
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil and Gas
Petrochemical
Energy Power Generation
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
ADAMS Armaturen GmbH
Cameron
Emerson
L&T Valves
Zwick
The Weir Group
Bray International
Hobbs Valve
Pentair Valves & Controls
JC Valves
Velan
Dembla Valves Ltd
CRANE ChemPharma?Energy
Wuzhou Valve
SWI
Neway
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Triple Offset Butterfly Valves consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Triple Offset Butterfly Valves market by identifying its various subsegments.
Focuses on the key global Triple Offset Butterfly Valves manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Triple Offset Butterfly Valves with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Triple Offset Butterfly Valves submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
