April 27, 2023 12:00 ET | Source: Persistence Market Research Persistence Market Research
New York, New York, UNITED STATES Worm Gear Butterfly Valve
New York, April 27, 2023 (GLOBE NEWSWIRE) -- By 2033, the Triple Offset Butterfly Valves Market is expected to be valued close to US$ 2.48 billion, expanding gradually at a CAGR of 4.4% from its current value of US$ 1.61 billion. Triple Offset Butterfly Valves (TOBV) are a type of valve that is used to control the flow of fluids in various industrial applications.
The valve has a unique design that features a metal disc that is mounted on a shaft and rotates on a cone-shaped seat. This design ensures that there is zero leakage, and the valve provides a tight seal. TOBV is commonly used in industries such as oil and gas, chemical processing, water treatment, and power generation.
The Triple Offset Butterfly Valves market has been witnessing steady growth in recent yea