Market Overview:
The global lug butterfly valves 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 lug butterfly valves in various applications, such as food and beverage, water and HVAC, chemical plants, pulp and paper, marine, and others. In addition, the growing infrastructure development in emerging economies is also contributing to the growth of the global lug butterfly valves market. Based on type, the global lug butterfly valves market can be segmented into flanged ends, threaded ends socket welded ends,, and butt welded ends. The flanged end segment is expected to hold a major share of the global lug butterfly valves market during the forecast period owing to its wide acceptance across various industries.
Product Definition:
A lug butterfly valve is a type of valve that uses a disc to control the flow of fluid through a pipeline. The disc is positioned in the center of the pipe and rotated by an actuator to open or close the valve. Lug butterfly valves are commonly used in water and wastewater treatment plants, as well as in industrial applications such as chemical processing, oil and gas production, and food processing.
Flanged Ends:
Flanged ends are the modified end of a valve, which is used to seal the valve seat in its closed position. It is also known as female or male end of valve. Flanges are usually made up of metal and are attached to the stem with a nut or screws. The process of flanging involves cutting off both ends of a normally tapered pipe and then reattaching them using welding, bolting or screwing.
Threaded Ends:
The threaded end is the male part of a valve and it is used to connect the female part of a valve. The most commonly used valves are gate or plug valves, which are closed by turning them clockwise. The gate or plug can be removed from the stem by using a spanner or screw driver, allowing fluid flow through the opening.
In case of nozzles, they have an important role in controlling fluid pressure.
Application Insights:
The food and beverage application segment led the global market in 2017. This is attributed to the rising demand for packaged foods, beverages and other products from various end-use industries. The water and HVAC application segment is expected to witness significant growth over the forecast period owing to a growing number of construction projects in developing countries such as China, India, Brazil etc.
The chemical plants application segment accounted for more than 15% of the overall revenue share in 2017 on account of high product demand from petrochemical industry worldwide. Lug butterfly valves are used with proportional control valve stations for switching between raw material feed systems, process units & utility systems ensuring continuous production flow throughout plant life cycles without any failure or stoppage due to Valve Out Of Position (VOP).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as FANUC, Kawasaki Heavy Industries Ltd., and Yaskawa Electric Corporation coupled with low manufacturing cost in this region has attracted numerous industries to set up their production facilities in Asia Pacific.
The growing food processing industry across emerging economies such as India, China, Thailand, Vietnam has resulted in high demand for lug butterfly valves globally. In addition to this factor increasing water requirement due to rapid industrialization is further driving the market growth across Middle East & Africa region owing to rising demand from oil & gas industry for controlling steam generation process within power plants and chemical processes.
North America accounted for a significant share of revenue generated by selling products worldwide through online as well offline channels of distribution such as showrooms or distributorships.
Growth Factors:
- Increasing demand from water and wastewater treatment industries
- Rising investments in oil and gas sector
- Growing infrastructure development projects worldwide
- Proliferation of smart cities that need efficient flow control systems
- Technological advancements for better performance and reliability
Scope Of The Report
Report Attributes
Report Details
Report Title
Lug Butterfly Valves Market Research Report
By Type
Flanged Ends, Threaded Ends, Socket and Butt Welded Ends
By Application
Food and Beverage, Water and HVAC, Chemical Plants, Pulp and Paper, Marine, Others
By Companies
Johnson Valves, RINGO VALVULAS, ADG Valve, Jomar Valve, Powell Valves, Haitima, Quadrant Valve and Actuator, NIBCO, OMAL, CMO Valves, Trupply
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Lug Butterfly Valves Market Report Segments:
The global Lug Butterfly Valves market is segmented on the basis of:
Types
Flanged Ends, Threaded Ends, Socket and Butt Welded Ends
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 and Beverage, Water and HVAC, Chemical Plants, Pulp and Paper, Marine, 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:
- Johnson Valves
- RINGO VALVULAS
- ADG Valve
- Jomar Valve
- Powell Valves
- Haitima
- Quadrant Valve and Actuator
- NIBCO
- OMAL
- CMO Valves
- Trupply
Highlights of The Lug Butterfly Valves 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:
- Flanged Ends
- Threaded Ends
- Socket and Butt Welded Ends
- By Application:
- Food and Beverage
- Water and HVAC
- Chemical Plants
- Pulp and Paper
- Marine
- 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 Lug Butterfly Valves 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?
Lug Butterfly Valves are a type of valve used in water distribution systems. They are made from a metal or plastic body that has two hinged flaps that open and close to control the flow of water.
Some of the major companies in the lug butterfly valves market are Johnson Valves, RINGO VALVULAS, ADG Valve, Jomar Valve, Powell Valves, Haitima, Quadrant Valve and Actuator, NIBCO, OMAL, CMO Valves, Trupply.
The lug butterfly valves market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lug Butterfly Valves Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lug Butterfly Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lug Butterfly Valves Market - Supply Chain
4.5. Global Lug Butterfly Valves Market Forecast
4.5.1. Lug Butterfly Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lug Butterfly Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lug Butterfly Valves Market Absolute $ Opportunity
5. Global Lug Butterfly Valves Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lug Butterfly Valves Market Size and Volume Forecast by Type
5.3.1. Flanged Ends
5.3.2. Threaded Ends
5.3.3. Socket and Butt Welded Ends
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lug Butterfly Valves Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lug Butterfly Valves Market Size and Volume Forecast by Application
6.3.1. Food and Beverage
6.3.2. Water and HVAC
6.3.3. Chemical Plants
6.3.4. Pulp and Paper
6.3.5. Marine
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lug Butterfly Valves Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lug Butterfly Valves Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lug Butterfly Valves Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lug Butterfly Valves Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lug Butterfly Valves Demand Share Forecast, 2019-2026
9. North America Lug Butterfly Valves Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lug Butterfly Valves Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lug Butterfly Valves Market Size and Volume Forecast by Application
9.4.1. Food and Beverage
9.4.2. Water and HVAC
9.4.3. Chemical Plants
9.4.4. Pulp and Paper
9.4.5. Marine
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lug Butterfly Valves Market Size and Volume Forecast by Type
9.7.1. Flanged Ends
9.7.2. Threaded Ends
9.7.3. Socket and Butt Welded Ends
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lug Butterfly Valves Demand Share Forecast, 2019-2026
10. Latin America Lug Butterfly Valves Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lug Butterfly Valves Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lug Butterfly Valves Market Size and Volume Forecast by Application
10.4.1. Food and Beverage
10.4.2. Water and HVAC
10.4.3. Chemical Plants
10.4.4. Pulp and Paper
10.4.5. Marine
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lug Butterfly Valves Market Size and Volume Forecast by Type
10.7.1. Flanged Ends
10.7.2. Threaded Ends
10.7.3. Socket and Butt Welded Ends
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lug Butterfly Valves Demand Share Forecast, 2019-2026
11. Europe Lug Butterfly Valves Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lug Butterfly Valves Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lug Butterfly Valves Market Size and Volume Forecast by Application
11.4.1. Food and Beverage
11.4.2. Water and HVAC
11.4.3. Chemical Plants
11.4.4. Pulp and Paper
11.4.5. Marine
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lug Butterfly Valves Market Size and Volume Forecast by Type
11.7.1. Flanged Ends
11.7.2. Threaded Ends
11.7.3. Socket an Butt Welded Ends
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lug Butterfly Valves Demand Share, 2019-2026
12. Asia Pacific Lug Butterfly Valves Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lug Butterfly Valves Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lug Butterfly Valves Market Size and Volume Forecast by Application
12.4.1. Food and Beverage
12.4.2. Water and HVAC
12.4.3. Chemical Plants
12.4.4. Pulp and Paper
12.4.5. Marine
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lug Butterfly Valves Market Size and Volume Forecast by Type
12.7.1. Flanged Ends
12.7.2. Threaded Ends
12.7.3. Socket and Butt Welded Ends
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lug Butterfly Valves Demand Share, 2019-2026
13. Middle East & Africa Lug Butterfly Valves Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lug Butterfly Valves Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lug Butterfly Valves Market Size and Volume Forecast by Application
13.4.1. Food and Beverage
13.4.2. Water and HVAC
13.4.3. Chemical Plants
13.4.4. Pulp and Paper
13.4.5. Marine
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lug Butterfly Valves Market Size and Volume Forecast by Type
13.7.1. Flanged Ends
13.7.2. Threaded Ends
13.7.3. Socket and Butt Welded Ends
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lug Butterfly Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lug Butterfly Valves Market: Market Share Analysis
14.2. Lug Butterfly Valves Distributors and Customers
14.3. Lug Butterfly Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Valves
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RINGO VALVULAS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ADG Valve
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jomar Valve
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Powell Valves
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Haitima
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Quadrant Valve and Actuator
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NIBCO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OMAL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CMO Valves
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Trupply
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook