Centrifugal Pump Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Centrifugal Pump Market is expected to register a CAGR of around 4% over the forecast period (2022-2028). A centrifugal pump is a mechanical device designed to increase the pressure of fluid during transportation. It is used to accelerate fluids such as chemicals, water, wastewater, sludge treatment liquids, bleach, oils, and resins by converting rotational kinetic energy into hydrodynamic energy. The fluid enters a pump impeller placed near the axis of rotation, where it is accelerated and discharged, moving radically to the diffuser. Common centrifugal pump types include single-stage, multistage, axial, submersible, circular flow, and mixed flow pumps. These pumps offer reliable delivery, ease of operation, vertical or horizontal mounting, high-speed movement, and minimal maintenance requirements.

Company Profile

• Xylem (US)
• Grundfos (Denmark)
• Flowserve (US)
• KSB (Germany)
• Circor International (US)
• Sulzer (Switzerland)
• ITT Corporation (US)
• Wilo (Germany)
• Ebara Corporation (Japan)

Market Segmentation

 Based on Operation type

• Electrical
• Hydraulic
• Air-Driven 

Based on Type

• Overhung Impeller
• Vertically Suspended
• Between Bearing

Based on Stage

• Single Stage 
• Multistage

Scope of the Report

The research study analyzes the Centrifugal Pump 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

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Centrifugal Pump Market Report

1. What was the Centrifugal Pump Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Centrifugal Pump Market during the forecast period (2022-2028)?
3. 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).
4. Which manufacturer/vendor/players in the Centrifugal Pump Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.