Industrial Pumps Market Key Players, Share, Trend, Segmentation and Forecast to 2026

An industrial pump is typically a heavy-duty process pump used to move different types of products, including water, chemicals, petroleum, wastewater, oil, sludge, slurry or food. The type of pumps typically used for industrial purposes includes centrifugal pumps and positive displacement pumps. Centrifugal pumps are the extensively used pump type because of their low cost, low maintenance and long service life. Centrifugal pumps are used in high-flow, low head applications with low fluid viscosity. The positive displacement pumps are used in low-flow, high head applications with high viscosity fluids and accurately controlled flow applications.
The major factors that fuels the growth of global industrial pumps market include the rising demand of industrial pumps in chemicals and waste water treatment, the growing expenses on urbanization & infrastructural development in emerging economies and the increasing technical advancements in industrial pumps. In addition to this, the increasing demand of industrial pumps from industries, which equipped with advanced production facilities along with rising need in chemicals and petrochemicals industries are some other factors that are expected to drive the growth of global industrial pumps market during forecast period. The increasing consumers focus on energy efficient industrial pumps is anticipated to propel the growth of industrial pumps market. Moreover, rising offshore exploration & production (E&P) activities and the increasing crude oil prices are some other factors that are expected to drive the growth of industrial pumps market in future. However, high competition from low-cost manufacturers restrict the growth of global industrial pumps market.
Based on the region, Asia-Pacific is expected to grow at a higher CAGR during forecast period due to the growing population and huge growth in various end use industries such as oil & gas and wastewater treatment in emerging economies such as China and India.
The global Industrial Pumps market has been segmented on the basis of product and application. Based on product, the market is segmented into centrifugal, reciprocating, rotary and diaphragm. Based on application, the market is segmented into oil & gas, chemicals, construction, power, water & wastewater treatment and others.
Some of the major players of global Industrial Pumps market are AR North America, Inc., Colfax Corporation, Global Pump, Grundfos Pumps Corporation, Haight Pumps, ITT Inc., Pioneer Pump, Inc., Roper Technologies, Inc., Flowserve Corporation and SPX Flow, Inc. among others.
Market Segmentation:
Global Industrial Pumps Market by Product
  • Centrifugal
  • Reciprocating
  • Rotary
  • Others
Global Industrial Pumps Market by Application
  • Oil & Gas
  • Chemicals
  • Construction
  • Power
  • Water & Wastewater Treatment
  • Others
Global Industrial Pumps Market by Region
  • North America Industrial Pumps Market
  • Europe Industrial Pumps Market
  • Asia-Pacific Industrial Pumps Market
  • ROW Industrial Pumps Market
Leading Market Players
  • AR North America, Inc.
  • Colfax Corporation
  • Global Pump
  • Grundfos Pumps Corporation
  • Haight Pumps
  • ITT Inc.
  • Pioneer Pump, Inc.
  • Roper Technologies, Inc.
  • Flowserve Corporation
  • SPX Flow, Inc.
About Noah Research
Noah Research is a market research and advisory company based out of India. The company provides syndicated reports, customized reports as well as consulting services to small and medium companies as well as large corporations worldwide. We analyse high growth niche markets and provide you with accurate trends and forecasts. Our in-house database features thousands of datapoints and in-depth analysis on 13 industries in major countries globally. Our dedicated team of analysts helps to you garner hidden insights in each market, so that you can plan your next strategic move and take your company’s future to a higher level.
Media Contact
Company Name: Noah Research
Contact Person: Himani
Email: enquiry@noahresearch.com
Phone: +1 860 881 2270
Address: Gurgaon, India
Website: www.noahresearch.com

Comments

Post a Comment

Popular posts from this blog

Saudi Arabia Refractories Market Insights, Current And Future Market Trends & Forecast Till 2027

  Growth Opportunities in the Saudi Arabia refractory market look promising over the next six years. The strong demand for refractories, particularly among the iron & steel industry, and the increasing pace of infrastructural development has stimulated the construction of commercial and residential buildings are key factors driving the growth of the Saudi Arabia refractory market. Request for a FREE Sample Report on Saudi Arabia Refractory Market Saudi Arabia Refractory Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The strong demand for refractories, particularly among the iron & steel industry, is a key driver propelling the growth of the refractory market in Saudi Arabia . The refractory material is majorly utilized in the internal lining of furnaces for the manufacturing of steel and iron in the vessel for holding and transportation of metal as well as slag. According to the World Steel Asso...
Read more

Athletic Footwear Market Insights, Leading Key Players And Top Factors Driving 2019–2026

Athletic footwear is designed for high performance and, together with clothing and equipment, are considered part of an athletic team. Sneakers offer a specific sport level of cushioning, flexibility, stability, traction and durability. Sports shoe manufacturers invest heavily in sports shoe technology to help athletes run faster, jump higher and last longer. The design of athletic footwear takes into account specific movements associated with different sports. Some of the movements in athletics include sprints, pivots, jumps, starts and quick stops, as well as moving your feet back and forth. Sports shoes are designed as sports equipment that help improve performance in all of these movements. Few major factors which drives the growth of global athletic footwear market includes rising awareness about health & fitness activities, growing disposable income, increasing number of retail outlets worldwide and innovative product launches. In addition, growing usage of shoes for part...
Read more

Big Data Analytics in Retail Market Key Insights Based on Product Type, End-Use and Regional Demand Till 2020-2027

  The GMI Research's latest analysis reveals that the Big Data Analytics in Retail Market is slated to register a significant CAGR over the coming years. This is attributed to the introduction of advanced technologies, including artificial intelligence, IoT, machine learning in big data analytics, and the requirement to deliver a customized user experience to increase sales. Request for a FREE Sample Report on Big Data Analytics in Retail Market Big Data Analytics in Retail Market ’s leading Manufacturers: ·         Oracle Corporation ·         International Business Machines Corporation ·         Tableau Software LLC ·         QlikTech International AB ·         SAP SE ·         com, Inc. ·         Microsoft Corporation ...
Read more