Market Overview:
The global worm gear operated lug butterfly valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for worm gear operated lug butterfly valves in various applications such as food processing, chemical industry, petroleum and others. Additionally, the growing infrastructure development in emerging economies is also propelling the demand for worm gear operated lug butterfly valves across the globe. However, volatility in raw material prices may hamper the market growth during the forecast period.
Product Definition:
A worm gear operated lug butterfly valve is a type of valve that uses a gearbox to turn a threaded shaft that opens and closes the valves. This type of valve is often used in industrial applications where precise control over the flow of fluid is required.
Double Clip Worm Butterfly Valve:
Double clipworm butterfly valve is a kind of two position or two way valves which are used in the Butterfly Valve Market. It’s basically used to control fluid flow from one side to other side and also can be closed when needed. The main function of this device is to act as an orifice, through which fluids can pass easily but not return back.
Flange Type Worm Valve:
Flange typeworm valve is a one-way flow control device that controls the fluid flow in both directions. It can be used with other valves to create pressure loss or cross-connection restriction. Flange typeworm valve has no seats and it works by sealing one end of the pipe while connected to another end of the pipe through an orifice, usually a diaphragm, gate, or spool.
Application Insights:
The food processing application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for processed foods such as ready-to-eat meals, frozen meals, snacks and desserts among others from developing countries including India, China and Brazil.
The chemical industry accounted for 20% of the overall revenue share in 2017 owing to growing demand for various chemicals worldwide coupled with extensive use of lugs in petrochemical industries such as crude oil refining or lubricant manufacturing plants. In addition, favorable government regulations regarding reducing greenhouse emissions are expected to drive product demand further over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of processing industries in countries such as China, India, Japan and South Korea is anticipated to drive regional growth. In addition, increasing demand for processed food coupled with growing population is likely to support this growth.
The Middle East & Africa region accounted for over 20% share of global revenue in 2017 owing to high oil production rates across major economies including Saudi Arabia and Iran. In addition, rising petroleum industry activities are projected to have a positive impact on product demand over the next eight years.
Growth Factors:
- Increasing demand from water and wastewater treatment industries
- Rising awareness about energy conservation measures
- Growing popularity of worm gear operated lug butterfly valves in oil and gas industry
- Rising investments in infrastructure development projects
- Technological advancements in valve manufacturing process
Scope Of The Report
Report Attributes
Report Details
Report Title
Worm Gear Operated Lug Butterfly Valve Market Research Report
By Type
Double Clip Worm Butterfly Valve, Flange Type Worm Valve
By Application
Food Processing, Chemical Industry, Petroleum, Others
By Companies
Bundor Valve, RODEO, WESDOM, SHANGHAI JIANFA VALVE, SHANGZHAO VALVE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Worm Gear Operated Lug Butterfly Valve Market Report Segments:
The global Worm Gear Operated Lug Butterfly Valve market is segmented on the basis of:
Types
Double Clip Worm Butterfly Valve, Flange Type Worm Valve
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Processing, Chemical Industry, Petroleum, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bundor Valve
- RODEO
- WESDOM
- SHANGHAI JIANFA VALVE
- SHANGZHAO VALVE
Highlights of The Worm Gear Operated Lug Butterfly Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double Clip Worm Butterfly Valve
- Flange Type Worm Valve
- By Application:
- Food Processing
- Chemical Industry
- Petroleum
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Worm Gear Operated Lug Butterfly Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Worm Gear Operated Lug Butterfly Valve is a type of valve that uses worm gears to open and close the valve. This type of valve is often used in water systems because it is efficient and can handle high pressure.
Some of the key players operating in the worm gear operated lug butterfly valve market are Bundor Valve, RODEO, WESDOM, SHANGHAI JIANFA VALVE, SHANGZHAO VALVE.
The worm gear operated lug butterfly valve market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Worm Gear Operated Lug Butterfly Valve Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Worm Gear Operated Lug Butterfly Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Worm Gear Operated Lug Butterfly Valve Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Worm Gear Operated Lug Butterfly Valve Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Worm Gear Operated Lug Butterfly Valve Market Size & Forecast, 2020-2028
4.5.1 Worm Gear Operated Lug Butterfly Valve Market Size and Y-o-Y Growth
4.5.2 Worm Gear Operated Lug Butterfly Valve Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Double Clip Worm Butterfly Valve
5.2.2 Flange Type Worm Valve
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Processing
6.2.2 Chemical Industry
6.2.3 Petroleum
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Worm Gear Operated Lug Butterfly Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Worm Gear Operated Lug Butterfly Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Double Clip Worm Butterfly Valve
9.6.2 Flange Type Worm Valve
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Processing
9.10.2 Chemical Industry
9.10.3 Petroleum
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Double Clip Worm Butterfly Valve
10.6.2 Flange Type Worm Valve
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Processing
10.10.2 Chemical Industry
10.10.3 Petroleum
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Double Clip Worm Butterfly Valve
11.6.2 Flange Type Worm Valve
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Processing
11.10.2 Chemical Industry
11.10.3 Petroleum
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Double Clip Worm Butterfly Valve
12.6.2 Flange Type Worm Valve
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Processing
12.10.2 Chemical Industry
12.10.3 Petroleum
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Double Clip Worm Butterfly Valve
13.6.2 Flange Type Worm Valve
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Processing
13.10.2 Chemical Industry
13.10.3 Petroleum
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Worm Gear Operated Lug Butterfly Valve Market: Competitive Dashboard
14.2 Global Worm Gear Operated Lug Butterfly Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bundor Valve
14.3.2 RODEO
14.3.3 WESDOM
14.3.4 SHANGHAI JIANFA VALVE
14.3.5 SHANGZHAO VALVE
