DUBLIN, Jan. 3, 2020 /PRNewswire/ — The “Triple Offset Butterfly Valve Market by Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), Valve Size, Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Chemicals), and Region – Global Forecast to 2025″ report has been added to ResearchAndMarkets.com’s offering. The global triple offset butterfly valve market is expected to grow from USD 2.8 billion in 2019 to USD 3.6 billion by 2025, at a CAGR of 4.1%.  The rising need for tight shutoff, light in wieght, high pressure handling capacity with lower installation cost in critical processes, growing demand for energy & power generation in Asia Pacific, increasing adoption of valves in oil & gas industry, and growing urbanization are the major driving factors for the market’s growth during the forecast period. Growing industrialization in developing economies, rising use of 3D printing in manufacturing valves, need for valve replacement, and focus of valve manufacturers to offer improved customer service are among the other factors fueling the growth of the triple offset butterfly market. However, lack of stan...