Global Centrifugal Pump Market (2019-2025) | Companies, Industry, Size, Share, Revenue, Forecast, Trends, Analysis, Growth, Value, Outlook & Segmentation

Latest 2023 Developments of the Global Centrifugal Pump Market

Global Centrifugal Pump Market developments include the launch of Flygt N3069 stainless steel centrifugal pump by Xylem in July 2021 specifically manufactured for industrial processes containing high chloride or extreme pH levels and helps in corrosion resistance. Vanzetti Engineering launched submerged centrifugal pumps in the marine sector for liquefied gas applications in April 2021 which can be integrated as stripping or spray pumps on LNG bunkering and LNG carriers. Oshkosh Airport Products LLC. declared that the company had won an extendible contract with the New Zealand of Defense in March 20221 which includes manufacturing of two Oshkosh Striker 4X4 ARFF vehicles consisting of a Waterous CRQB single-stage centrifugal pump, a Deutz TCD2015 697 HP engine, and an Oshkosh command zone software with diagnostic support.

Global Centrifugal Pump Market Synopsis

Rising government investments in water and wastewater treatment plants in developing countries are the key drivers of the centrifugal pump market. Additionally, rapid industrialization, as well as increasing demand for water management solutions in the industrial sector along with a surge in investment in the chemical industry would drive the demand for the centrifugal pump market in the forthcoming years.

According to 6Wresearch, the Global Centrifugal Pump Market size is anticipated to register growth during 2019-2025. Overhung impeller type of centrifugal pump, acquired a major revenue share in 2018 and is projected to lead the demand during the forecast period owing to large deployment in several verticals including industrial organizations, and residential and commercial buildings. Additionally, rising demand for overhung impeller pumps in the power generation sector would lead the market revenue growth worldwide.

Rising investments in water and wastewater infrastructure in the Asia Pacific region, especially in countries like India, Thailand, and Malaysia would lead to rising demand for a centrifugal pump during the forecast period. Moreover, Middle Eastern and African countries such as Saudi Arabia and Nigeria would witness substantial growth over the coming six years owing to rising government investments in water and wastewater management solutions in the region.

The Global Centrifugal Pump market report thoroughly covers the market by types, applications, stages, and regions including North America, Latin America, Europe, Asia Pacific, Middle East, and Africa, and key countries. The Global Centrifugal Pump market outlook report provides an unbiased and detailed analysis of the ongoing Global Centrifugal Pump market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The global centrifugal pump market is projected to register sound revenues in the upcoming six years backed by the growth of food & beverage, mining & metals industries. The growth of the agriculture sector is estimated to trigger profound growth in the market owing to rising efforts for efficient farming coupled with enhancing the irrigation process by providing sufficient water with the use of centrifugal pumps which is expected to propel the deployment of centrifugal pumps globally in the coming years. Additionally, on the basis of region, the Asia Pacific centrifugal pump market is estimated to dominate the overall market revenues backed by the rising government wastewater treatment projects which tend to treat contaminated water by pumping out waste disposal through using centrifugal pumps and is expected to instigate sound growth of the Asia Pacific centrifugal pump market which is expected to further, benefit the growth of the global centrifugal pump market in the coming years.

The global centrifugal pumps market is anticipated to gain momentum in the forthcoming years backed by the rising need for wastewater management treatment. Not only government use for wastewater treatment but also the growing number of pool hotels where the increasing need for water treatment to maintain the cleanliness and to maintain hotels accommodation best hence the use for centrifugal pumps is likely to increase and is estimated to leave a positive impact over the market growth in the upcoming six years.

Key Highlights of the Report:

• Global Centrifugal Pump Market Overview
• Global Centrifugal Pump Market Outlook
• Global Centrifugal Pump Market Forecast
• Historical Data of Global Centrifugal Pump Market Revenues & Volume for the Period 2015-2018
• Global Centrifugal Pump Market Size and Global Centrifugal Pump Market Forecast of Revenues & Volume, Until 2025
• Historical Data of Global Centrifugal Pump Market Revenues & Volume, by Types, for the Period 2015-2018
• Market Size & Forecast of Global Centrifugal Pump Market Revenues & Volume, by Types, Until 2025
• Historical Data of Global Centrifugal Pump Market Revenues and Volume, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Centrifugal Pump Market Revenues and Volume, By Applications, Until 2025
• Historical Data of Global Centrifugal Pump Market Revenues and Volume, By Stages, for the Period 2015-2018
• Market Size & Forecast of Global Centrifugal Pump Market Revenues and Volume, By Stages, Until 2025
• Historical Data of North America Centrifugal Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of North America Centrifugal Pump Market Revenues and Volume, Until 2025
• Historical Data of Latin America Centrifugal Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Latin America Centrifugal Pump Market Revenues and Volume, Until 2025
• Historical Data of Europe Centrifugal Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Europe Centrifugal Pump Market Revenues and Volume, Until 2025
• Historical Data of Asia Pacific Centrifugal Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Centrifugal Pump Market Revenues and Volume, Until 2025
• Historical Data of the Middle East & Africa Centrifugal Pump Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa Centrifugal Pump Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• Global Centrifugal Pump Market Price Trends
• Global Centrifugal Pump Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Centrifugal Pump Market Share, By Players
• Global Centrifugal Pump Market Share, By Regions
• Global Centrifugal Pump Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Centrifugal Pump Market report provides a detailed analysis of the following market segments:

By Types:

• Overhung Impeller
• Vertically Suspended
• Between Bearing

By Stages: 

• Single
• Multistage
• Axial & Mixed flow pumps
• Submersible pumps
• Sealless & Circular flow pumps

By Applications: 

• Chemicals
• Oil & gas
• Power Generation
• Construction
• Pharmaceuticals
• Food and Beverages
• Metals and Mining
• Water and Wastewater
• Others

By Regions: 

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa