Scope of the Study
A process pump is also called centrifugal pump which is used in chemical processes such as in oil refineries and the petrochemical industry. Unlike chemical pumps, process pumps are used for handling aggressive chemical fluids. They are designed as the back pull out type. Moreover, process pumps are suitable for high system pressures and temperatures. The process pump has various advantages as they do not require any valve or moving parts. This also allows them to move with the high speed with minimum maintenance.
The market study is being classified by Type (Centrifugal Pump, Container Pump and Drum Pump), by Application (Oil & Gas, Chemicals, Construction, Power, Water & Wastewater and Others) and major geographies with country level break-up.
KSB (Germany), General Electric (United States), ITT (United States), Flowserve (United States), Metso (Finland), Ebara (Japan), Saudi Pump (Saudi Arabia), Grundfos (Denmark), Danaher (United States) and SPX flow (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Pentair (United States) and Weir Group (United Kingdom).
The market of Pressure Pump is fragmented as it consists of major as well as emerging players. They are looking for new product launch or expansion to gain competitive advantage in upcoming years. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Process Pumps market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Process Pumps market by Type, Application and Region.
On the basis of geography, the market of Process Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing expenditure on infrastructural developments is increasing the demand
- Adoption of pressure pumps in end use industries
- Increasing need of reusable water
- Fluctuating prices of pressure pumps
- Availability of low cost manufacturers
- Increasing investments in developing economies for indirect and direct liquefaction which requires pressure pumps is boosting the market
- Presence of major as well as emerging players is leading to increased competition
On July 2019, Grundfos has launched range of CR pumps. These pumps introduces three new flow sizes (CR95, 125 and 155) and increases the maximum water flow to 220 cubic meter per hour
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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