Industrial Pumps Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The Industrial Pumps Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). Industrial pumps are used in the process industry for the regulation, control and direction of gases, liquids, vapors, slurries, etc. They are mainly manufactured using cast iron, stainless steel, carbon steel and other high-performance metal alloys to achieve efficient flow control in industries such as water and wastewater, petroleum and power, food and beverage, chemical and others. In addition, industrial pumps mainly consist of a body, stem, and seat, and are typically manufactured using a variety of materials such as polymers, rubber, and metals to prevent wastage of liquid flowing through the pump. Pumps are distinguished mainly by the mechanism of their operation.

The following segmentation are covered in this report:

By End User

• Oil and Gas
• Water and Wastewater
• Chemicals and Petrochemicals
• Mining
• Power Generation
• Other End-user Industries

By Type

• Centrifugal Pump
• Reciprocating Pump
• Rotary Pump
• Other Pump Types

Company Profile

• Flowserve Corporation
• Grundfos Holding AS
• KSB AG
• ITT Inc.
• Sulzer Ltd
• Ebara Corp.
• Weir Group PLC
• Baker Hughes Company

Scope of the report

The research study analyses the Industrial Pumps Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Industrial Pumps Market Report

• What was the Industrial Pumps Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Industrial Pumps Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Industrial Pumps Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.