-- Centrifugal Pump Market - Overview
The Centrifugal Pump market is expected to expand at 4.80% CAGR during the period 2018 to 2023. The global centrifugal pump market is projected to grow at a high rate during the forecast period, mainly due to increasing concern towards wastewater treatment and desalination. For instance, in December 2018. the US Department of Energy (DOE) stated that it plans to invest USD 100 million for energy water desalination hub. Further, industrial sector consumes a large volume of water, and due to depleting reserves of groundwater, the reuse of water has become an imperative. Centrifugal Pump is a type of pump that uses impeller to move water or other fluids. These pumps are used to induce flow by increasing the pressure of the fluid. The centrifugal pump is commonly used in industries such as water & wastewater, power, chemical, oil & gas, and others. Advantages of centrifugal pump includes easy to handle, compact in size, and can be used to lift highly viscous liquid such as paper pulp, muddy and sewage water, sugar molasses, and oil.
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Competitive Landscape:
Xylem (US), Grundfos (Denmark), Flowserve (US), KSB (Germany), Circor International (US), Sulzer (Switzerland), ITT Corporation (US), Wilo (Germany), Ebara Corporation (Japan), Pentair (US), Someflu (France), Baker Hughes, A GE Company (US), and Weir (UK)
Centrifugal Pump Market Segments Analysis:
Global Centrifugal Pump Market, By Type
Overhung Impeller
Vertically suspended
Between-Bearing
Global Centrifugal Pump Market, By Stage
Single stage
Multistage
Global Centrifugal Pump Market, By End-User
Water and Wastewater
Oil & Gas
Chemical
Power
Others
Global Centrifugal Pump Market, By Regions
North America
Asia-Pacific
Europe
Middle East
Africa
South America
Centrifugal Pump Regional Market Analysis:
Region wise, North America held the largest market share of the global Centrifugal Pump market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment infrastructure development. Moreover, he increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for centrifugal pumps in Asia Pacific region. The pumps market would be mainly driven by the growing need for water conservation in the countries such as US and Canada.
List of Tables
Table 1 Global Centrifugal Pump Market, By Region, 2016-2023 (USD Million)
Table 2 North America Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 6 Africa Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 7 South America Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 8 Global Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 9 North America Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 10 Europe Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 11 Middle East Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 12 Africa Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 13 South America Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 14 Global Centrifugal Pump Market, By Stage, 2016-2023 (USD Million)
Continued
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List of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Centrifugal Pump Market Share, By Type, 2017 (%)
Figure 9 Global Centrifugal Pump Market, By Type, 2018-2023 (USD Million)
Continued ..
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