Business

Triple Offset Butterfly Valves Market to Flourish with an Impressive CAGR During 2017 – 2025

Press Release

Triple offset butterfly valves also known as eccentric valves 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 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 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. Triple offset butterfly valves or TOVs are mostly used in industries to control fugitive emissions. Bi-directional bubble tight shut-off triple offset butterfly valves are present in the market to provide disc seal to contact body seat at only body shut-off position thereby, ensuring a uniform seal contact.

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Triple Offset Butterfly Valves Market: Dynamics

With increase in end use of triple offset butterfly valves in various applications in Energy & Utilities as well as in manufacturing sectors, coupled with mandatory regulations by industrial associations and governing bodies, the triple offset butterfly valves market is expected to grow relatively at a sound rate during the forecast period.

The characteristics such as resistance to certain chemicals and abrasive environment up to certain pressure and temperature, high operational efficiency and flexibility of working in various operating conditions are expected for triple offset butterfly valves as a preferred equipment, which in turn is expected to accelerate the global triple offset butterfly valves market.

The growing demand of steel, oil & gas for various purposes is resulting in the growth of steel & oil & gas industry, which in turn is expected to drive the triple offset butterfly valves market during the forecast period as triple offset butterfly valves are used in these industries to prevent leakage.

Triple Offset Butterfly Valves Market: Segmentation

Based on the Application, the triple offset butterfly valves market can be segmented as:

  • Oil and Gas
  • Petrochemical
  • Energy Power generation
  • Pulp & Paper
  • Steel Mills
  • Sugar mills
  • Water Treatment and distribution
  • Others

Based on the Product Type, the triple offset butterfly valves market can be segmented as:

  • Carbon Steel Triple Offset Butterfly Valves
  • Stainless Steel Triple Offset Butterfly Valves
  • Alloy Steel Triple Offset Butterfly Valves
  • Others

Triple Offset Butterfly Valves Market: Regional Outlook

North America and Europe are expected to witness significant growth in the triple offset butterfly valves market during the forecast period due to the growing oil and gas industries.

Middle East and Africa are expected to witness growth in the triple offset butterfly valves market after North America and Europe, due to the presence of a large number of oil & gas industries, petrochemicals industries, etc. which are expected to be the major demand raiser of triple offset butterfly valves

Asia Pacific is expected to witness the growth in the triple offset valves market after MEA during the forecast period, due to the growth in the number of steel, paper, pulp and power generation industries in the region. The region is concentrated with high density of abovementioned industries which is expected to be the driving factor for the usage of triple offset butterfly valves

Triple Offset Butterfly Valves Market: Participants

Examples of some of the market participants of the triple offset butterfly valves market are:

  • 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
  • ARI Valve Corp
  • Assured Automation
  • Belimo Americas (USA)
  • North American Machine Works
  • Northeast Fluid Controls
  • Advanced Valve Design

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint