169, Harrison avenue Boston, MA 02111.
+1 857-302-4704

Top 10 Manufacturers That Carved a Niche in the Global Butterfly Valves Market

Butterfly valves have been favorite among several industries, owing to their flow control properties. The primary function of these valves is to stop, throttle, and restart the flow of liquids and gases. They are used for E&P activities and transmission & refining processes in the oil & gas industry. Besides, various processes in the water & wastewater industry, such as effluent treatment, require the usage of control valves for enabling efficient slurry movement. Emerging economies such as India and China are have been making investments in this regard, which widens the scope for several butterfly valve manufacturers to step into these markets. Additionally, North America is home to several market players, having its base in the United States have made a mark in this industry.
Inkwood Research has enlisted the Leading Manufacturers in the Butterfly Valve Market:

  1. AVK Holding A/S:
    AVK Holding A/S manufactures valves that are majorly used in areas such as fire protection, gas & water distribution, and sewage treatment, among others. The Denmark-based company has over 50 years of experience in the valve business. Its butterfly valve portfolio includes products such as, centric semi-lug butterfly valves, centric wafer butterfly valves, centric full lug butterfly valves, double eccentric butterfly valves, and triple offset butterfly valves. In FY2018, that ended in September, AVK Holding generated revenues of $806.3 million, with the company marking a 14.4% growth, as compared to 2017. In 2008, the company acquired World Valve, a Dutch company known for its customized fixed-liner butterfly valves.
  2. Velan, Inc.:
    The Canada-based Velan, Inc. is one of the leading manufacturers of butterfly valves, catering its products to the oil & gas, chemical, LNG, power generation, petrochemicals and geothermal industries. The company was established by A.K. Velan in the year 1950 and went from a private to a public company in 1996. It offers various types of butterfly valves, such as flanged type cryogenic metal-seated butterfly valves, triple-offset cryogenic metal-seated butterfly valves, Torqseal triple-offset butterfly valves, and Velflex high-performance cryogenic butterfly valves. Velan, Inc. generated a total revenue of $338 million for the fiscal year 2018, which ended in February.
  3. POV Valve Company:
    POV Valve Company manufactures soft seal butterfly valves. It has over 15 years of experience in the industry. The company is known for its innovative solutions and has been awarded 12 invention patents. POV uses highly advanced technologies to produce butterfly valves and performs a strict quality check over its range of products. The company produces high-performance butterfly valves and flanged, wafer, lug, lined, electric, and pneumatic butterfly valves. POV Valve Company was established in 2011 and has its headquarters in Shanghai, China. POV’s products are sold in over 80 countries around the world.
  4. Bray:
    Bray is a reputed name in the industrial valves industry, having an experience of over 30 years in the business. There is a high demand in the market for butterfly valves manufactured by the company. The company is known for its innovation in the field of butterfly valves, especially considering its electric and pneumatic valves. It produces lug style, wafer style, double-flanged, resilient-seated and double & triple offset butterfly valves. Bray is considered to be an innovator in flow control technologies. It is headquartered in Houston, Texas (the United States).
  5. ITT Inc.:
    ITT Inc. is known for manufacturing critical components and customized solutions for use in the transportation, energy and industrial sectors. The company offers butterfly valves under its Industrial Process business vertical. ITT produces the Fabri-Valve F60, which is a rubber-seated butterfly valve, under its Engineered Valves brand. The company is headquartered in New York (the United States), and enjoys a wide geographic presence across the world. ITT Inc. has been making considerable investments for E&P activities in the oil & gas sector, which is a large-scale adopter of butterfly valve systems. In FY 2017 (ended December), the company garnered revenues worth $2,585.3 million, which was an increase of 7.5% as compared to the preceding year.
  6. Outshine Valve:
    Outshine Valve has been engaged in the manufacturing of butterfly valves since 1997. It produces lug, flanged, centerline, worm gear, and wafer butterfly valves. Outshine has over 50 series of products. It has received numerous certifications for its butterfly valve products, which include the ISO 9001:2008 System Certificate and Quality-Assurance System Certificate. The company is headquartered in Tianjin, China.
  7. NIBCO INC.:
    NIBCO INC. is a leading manufacturer in the butterfly valves market, located in Elkhart, Indiana (the US). The company has 12 manufacturing facilities present in the US, Poland, and Mexico. NIBCO offers cast iron, ductile iron, flanged, grooved, and high-performance butterfly valves under its ‘NIB-SEAL’ brand. Valves manufactured by the company have found extensive applications in the industrial, commercial, and residential sectors.
  8. DeZURIK:
    DeZURIK is a US-based valve manufacturing company renowned for its high-quality industrial valves. It caters its products to the water & wastewater treatment, pulp & paper, chemical & petrochemical, mining, power and other industries. Butterfly valves designed by the company are used to control flow in various types of liquids and gases. DeZURIK high-performance butterfly valves, DeZURIK AWWA butterfly valves, DeZURIK uninterrupted seat resilient-seated butterfly valves, and DeZURIK on-center resilient-seated butterfly valves are some of its well-known products. The collaboration with APCO and Willamette has opened up new growth avenues for the company in the butterfly valve market.
  9. Crane Co.:
    Crane Co. is a leading manufacturer of butterfly valves based in Stamford, the United States. The company offers several types of butterfly valves, such as double-offset, resilient-seated, and triple offset, etc., in its fluid handling business segment, under various series of brands, viz., Krombach, Stockham, Jenkins, and XOMOX. The company reported revenues worth $3,345.5 million for 2018 FY2018 that ended in December, showing an increase of 20.1% from the preceding year. In May 2017, Crane Co. completed the acquisition of Westlock Controls from Emerson Electric, which cost the company $40 million.
  10. IMI PLC:
    The Birmingham-based IMI PLC is known for manufacturing high-quality products to control fluid movement. The company offers fluid control technologies and critical flow control solutions under its IMI Precision Engineering and IMI Critical Engineering business segments. It offers butterfly valves under its RK/RT Interlok Series and NE/NF & NP/NT Series. IMI PLC generated revenues worth $2296.22 million for the fiscal year ended December 2017, showing an increase of 5.7% compared to FY2017. In 2015, the company acquired B&R Holding (Bopp & Reuther) for $197.7 million, which became part of the IMI Critical Engineering division.

Butterfly valves represent a highly fragmented market. The increased competition among companies has fueled innovation in the industry, with manufacturers launching new product ranges. The leading players have been devising strategies to sustain their growth by means of mergers and acquisitions. There is also an increased focus on research & development activities in order to develop more advanced products. These industry trends indicate a hopeful future for the growth of the global butterfly valves market.

Avatar

Author: S Jadhav

Like
Like Love Haha Wow Sad Angry

Related Posts

Leave a comment