Industria
High Performance Butterfly Valve Market to expand at over 8% value CAGR from 2021 to 2031
Due to the COVID-19 pandemic, demand for high performance butterfly valves experienced a slump in 2020. As the oil & gas industry is in a recovery mode, it promises increasing consumption of high performance butterfly valves in future. Considering the possibility of a spur of industrial infrastructure in many countries, the long-term outlook of the market remains positive.
The market is fragmented with top players accounting for around 30% market share. Key high performance butterfly valve manufacturers are likely to focus on merger & acquisition activities to expand their product portfolios in order to increase their market share.
Some of the key players in this industry are Emerson Electric Co, The Flowserve Corporation, Crane Co., Baker Hughes, Forum Energy Technologies Inc., Neles Corporation, Bray International, Alfa Europe, and DeZurik.
The research report analyzes demand for High Performance Butterfly Valve. The global High Performance Butterfly Valve market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Persistence Market Research's research scope, the market has been analyzed on the basis of type, body material, application, end connection, end use industries and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.
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