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Core Viewpoint - The large-diameter butterfly valve market is expected to reach a size of $27.95 billion by 2031, with a compound annual growth rate (CAGR) of 6.9% from 2025 to 2031 [1]. Market Overview - The global market for large-diameter butterfly valves is characterized by a compact and lightweight design, easy installation, and efficient performance in confined spaces [1]. - The primary product type dominating the market is DN600mm-1000mm, accounting for approximately 30.9% of the market share [9]. - The oil and gas sector is the main demand source, representing about 22.5% of the market [11]. Key Players - Major manufacturers in the global large-diameter butterfly valve market include Emerson, FLSmidth, Kitz Corporation, Cameron (SLB), KSB Group, AVK Group, Crane, IMI Process Automation, ADAMS Armaturen GmbH, and Tomoe Valve [7]. - The top ten manufacturers hold around 12.0% of the market share as of 2024 [7]. Industry Drivers - The integration of sensors, IoT, and AI is driving automation and smart development in the large-diameter butterfly valve industry [16]. - High-performance materials and advanced manufacturing technologies are meeting the stringent requirements of industries such as oil and chemicals [16]. Industry Challenges - Direct material costs account for 50%-60% of manufacturing costs, significantly constraining global expansion [17]. - The industry's heavy reliance on raw materials like stainless steel and cast iron makes it vulnerable to price fluctuations, impacting profit margins and production costs [17][18]. Opportunities for Development - Energy-saving technologies and the development of eco-friendly products are aligned with the increasing demand for efficiency in water treatment and oil and gas sectors [19]. - The growing number of desalination plants is further stimulating demand for high-quality butterfly valves [19].