Water Pumps in Chemical Market Size, Share & Forecast Analysis to 2030
Water Pumps in Chemical Market Size & Insights
According to MarkNtel Advisors study The future of Water Pumps in Chemical Market size was valued at around USD 5.88 billion in 2024 and is projected to reach USD 6.88 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.06% during the forecast period, i.e., 2025-2030.
What are the Key Driver in the Water Pumps in Chemical Market?
Rising Demand in the Global Petrochemical Industry – For processing, transportation, and cooling processes in petrochemical plants high capacity pumps are required. Major expansions of the petrochemical industry can be seen in the Middle East & Africa region, followed by Asia-Pacific. This is directly proportional to the demand for water pumps for handling the massive volumes of water and chemicals involved in processing. For instance, China’s multiple investments in the Yangtze River Economic Belt which has around 20,000 petrochemical facilities. Petrochemicals produce highly corrosive liquids that too under high-pressure environments. It requires durable and high-performance water pumps to ensure safe operations which further derives the market. For instance, the AHLSTAR pump series introduced by Sulzer Ltd. can easily handle the requirements of the petrochemical industry as they are built to resist corrosive and abrasive substances. Various investments made by Saudi Aramco in various new petrochemical complexes in Saudi Arabia and other Gulf countries increase the demand for these kinds of pumps.
What are the Key Segments in the Water Pumps in Chemical Market?
The Water Pumps in Chemical is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Type
- Centrifugal Pump–Market Size & Forecast 2020–2030F, USD Million
- Overhung Pumps- Market Size & Forecast 2020-2030F, USD Million
- Vertical Line- Market Size & Forecast 2020-2030F, USD Million
- Horizontal End Suction- Market Size & Forecast 2020-2030F, USD Million
- Split Case Pumps- Market Size & Forecast 2020-2030F, USD Million
- Single/Two Stage- Market Size & Forecast 2020-2030F, USD Million
- Multi Stage- Market Size & Forecast 2020-2030F, USD Million
- Vertical Pumps- Market Size & Forecast 2020-2030F, USD Million
- Turbine- Market Size & Forecast 2020-2030F, USD Million
- Solid Handling- Market Size & Forecast 2020-2030F, USD Million
- Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million
- Axial- Market Size & Forecast 2020-2030F, USD Million
- Mixed Flow- Market Size & Forecast 2020-2030F, USD Million
- Turbine- Market Size & Forecast 2020-2030F, USD Million
- Submersible Pumps- Market Size & Forecast 2020-2030F, USD Million
- Solid Handling- Market Size & Forecast 2020-2030F, USD Million
- Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million
- Overhung Pumps- Market Size & Forecast 2020-2030F, USD Million
- Centrifugal Pump–Market Size & Forecast 2020–2030F, USD Million
- Positive Displacement Pump – Market Size & Forecast 2020 – 2030F, USD Million
- By Type
- By End-User
- Petrochemicals- Market Size & Forecast 2020-2030, USD Million
- Agrochemicals-Market Size & Forecast 2020-2030, USD Million
- Pharmaceuticals-Market Size & Forecast 2020-2030, USD Million
- Specialty Chemicals-Market Size & Forecast 2020-2030, USD Million
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How does geographical analysis highlight in the Water Pumps in Chemical market?
By Region
North America
South America
Europe
The Middle East & Africa
Asia-Pacific
Who are the Key Players in Water Pumps in Chemical Market?
Grundfos
Sulzer Ltd.
Xylem Inc.
Flowserve Corporation
KSB SE & Co. KGaA
Weir Group
Wilo SE
Pentair PLC
ITT Inc.
Torishima Pump MFG. Co. LTD.
PSG Dover
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Water Pumps in Chemical Market News
June 2023: Sulzer Ltd. launched a closed impeller to its AHLSTAR A single-stage pump range. It supports all types of liquids that are used in industrial applications.
September 2024: KSB SE & Co. KGaA is launching a new intelligent submersible motor pump under the name AmaRex Pro for wastewater management applicable in multiple industries.
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- Risk Identification: Pinpoint challenges to inform strategic planning.
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