Jul 13, 2020   SOURCE: BusinessWire

Global Centrifugal Pump Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com

The "Centrifugal Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global centrifugal pump market grew at a CAGR of around 4% during 2014-2019. Looking forward, the publisher expects the global centrifugal pump market to exhibit stable growth during the next five years.

A centrifugal pump is a mechanical device that is designed to increase the pressure of fluids during transportation. It converts the rotational kinetic energy to hydrodynamic energy, which is used for accelerating fluids, such as chemicals, water, wastewater, sludge treatment liquids, bleaches, oil and resins. The fluid enters the pump impeller, which is placed near the rotating axis and is accelerated and moved radially into a diffuser, from where it exits. Some of the common types of centrifugal pumps include single-stage, multi-stage, axial, submersible, circular flow and mixed flow pumps. These pumps offer steady delivery, convenience for operation, vertical or horizontal mounting, high-speed movements and minimal maintenance requirements.

Rapid industrialization, along with increasing product demand from the wastewater treatment sector, is among the key factors driving the growth of the market. Furthermore, the growing need to replace existing industrial pumps in the pharmaceutical and food and beverage industries is also providing a boost to the market growth. In line with this, there is widespread product adoption in the oil and gas industry for conducting exploratory activities in offshore and deep-water fields across the globe.

Additionally, various technological advancements, such as the development of 3D printed impellers and the utilization of modeling software, is acting as another growth-inducing factor. These advancements aid in enhancing the performance of the pumps, minimizing production costs and delivering a higher flow rate and outlet pressure. Other factors, including the growing demand for energy-efficient centrifugal pumps and increasing investments for desalination in industrial plants, are projected to drive the market further.

Companies Mentioned

  • Baker Hughes (A GE Company)
  • Circor International Inc.
  • Ebara Corporation
  • Flowserve
  • Grundfos Holding
  • ITT Corporation
  • Pentair Inc.
  • Someflu
  • Tsurumi Manufacturing Co. Ltd.
  • Weir
  • Wilo SE
  • Xylem Inc.

Key Questions Answered in this Report:

  • How has the global centrifugal pump market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the impeller type?
  • What is the breakup of the market based on the stage?
  • What is the breakup of the market based on the flow type?
  • What is the breakup of the market based on the capacity?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global centrifugal pump market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Centrifugal Pump Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Forecast

6 Market Breakup by Impeller Type

6.1 Overhung Impeller

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Vertically Suspended

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Between Bearing

6.3.1 Market Trends

6.3.2 Market Forecast

7 Market Breakup by Stage

7.1 Single Stage Pump

7.2 Two Stage Pump

7.3 Multi-Stage Pump

8 Market Breakup by Flow Type

8.1 Axial Flow Pumps

8.2 Radial Flow Pumps

8.3 Mixed Flow Pumps

9 Market Breakup by Capacity

9.1 Small Capacity

9.2 Medium Capacity

9.3 High Capacity

10 Market Breakup by End-User

10.1 Chemicals

10.2 Oil and Gas

10.3 Power Generation

10.4 Construction

10.5 Pharmaceuticals

10.6 Food and Beverages

10.7 Metals and Mining

10.8 Water and Wastewater

10.9 Others

11 Market Breakup by Region

11.1 North America

11.2 Asia Pacific

11.3 Europe

11.4 Latin America

11.5 Middle East and Africa

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Indicators

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/u1e2up