Pumps Market Size, Share, Key Players, Growth Trend, and Forecast, 2021–2026
Reports and Data have recently published a novel research report on the Global Pumps Market covering the current market scenario and market developments between 2018 and 2028. The report offers an in-depth analysis of historical and latest market trends along with revenue growth, market size, drivers, restraints, limitations, and opportunities. The report is well-curated using statistical methods such as SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures, and other pictorial representations to help users understand the market dynamics. The data is collected using extensive primary and secondary research which is evaluated by experts and professionals in the industry.
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Growing construction, automotive, and manufacturing industries are expected to raise the demand for Pumps in the Asia Pacific region. The Indian government has passed a policy for the promotion of FDI investment in the oil and gas sector. This will increase the production of petrochemicals and polymers in the country, hence propelling the demand in this region. Increased investment in desalination plants and wastewater is also expected to increase the sale of Pumps. Pumps are also in high demand from the power generation sector.
Market Overview:
A substance or mixture of substances that make up an object is referred to as a material. Materials are used as inputs in manufacturing processes to create goods or more complex materials in the industry. The chemical industry is made up of businesses that manufacture industrial chemicals. Chemical reactions and refining technologies are used in this industry to convert basic resources including oil, air, water, natural gas, metals, and minerals into thousands of different products. The materials and chemicals sector trends range from solutions for lightweight, sustainability, surface engineering, 3D printing, nano-formulations (biomaterials), and developing advanced composites to meet the current industry demands.
Top Key Players: Flowserve Corporation (U.S.), Grundfos Holding A/S (Denmark), ITT Inc. (U.S.), Suzler Ltd. (Switzerland), Titan Manufacturing Inc. (U.S.), Ebara Corp. (Japan), Weir Group PLC (Scotland), Schlumberger Ltd. (U.S.), Baker Hughes Inc. (U.S.), and Clyde Union Inc. (Scotland) among others.
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Type Outlook (Revenue, USD Million; 2018-2026)
Pumpss
Reciprocating Pumps
Rotary Pumps
Diaphragm Pumps
End Users Outlook (Revenue, USD Million; 2018-2026)
Construction
Water and wastewater
Chemicals
Oil & Gas
Power Generation
Others
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Major Regions covered in the report:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points Illustrated in the Regional Analysis:
Regional contribution to the overall market revenue
Forecast revenue share of each regional market
Vital information and data related to the production and consumption rates in all the regions
Factors driving the regional market growth over the forecast period
Leading products and application segments in each regional market
Presence of key market competitors in each of these regions
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