MarkNtel Advisors Predicts Water Pumps in Chemical Market to Surge to USD 6.88 Billion by 2030 at 3.06% CAGR

MarkNtel Advisors Predicts Water Pumps in Chemical Market to Surge to USD 6.88 Billion by 2030 at 3.06% CAGR

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Water Pumps in Chemical Market, The Global Water Pumps in Chemical Market size was valued at around USD 5.88 billion in 2024 and is projected to reach USD 6.88 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.06% during the forecast period, i.e., 2025-2030. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Water Pumps in Chemical Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

  • Forecast Period: 2025-2030
  • Market Size in 2024: USD 5.88 billion
  • CAGR (2025-2030): 3.06%

Request for a Free PDF Sample of the Report – https://www.marknteladvisors.com/query/request-sample/water-pumps-chemical-industry.html

Global Water Pumps in Chemical Market Segmentation Breakdown:

The Water Pumps in Chemical Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

    • By Type
      • Centrifugal Pump–Market Size & Forecast 2020–2030F, USD Million
        • Overhung Pumps- Market Size & Forecast 2020-2030F, USD Million
          • Vertical Line- Market Size & Forecast 2020-2030F, USD Million
          • Horizontal End Suction- Market Size & Forecast 2020-2030F, USD Million
        • Split Case Pumps- Market Size & Forecast 2020-2030F, USD Million
          • Single/Two Stage- Market Size & Forecast 2020-2030F, USD Million
          • Multi Stage- Market Size & Forecast 2020-2030F, USD Million
        • Vertical Pumps- Market Size & Forecast 2020-2030F, USD Million
          • Turbine- Market Size & Forecast 2020-2030F, USD Million
            • Solid Handling- Market Size & Forecast 2020-2030F, USD Million
            • Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million
          • Axial- Market Size & Forecast 2020-2030F, USD Million
          • Mixed Flow- Market Size & Forecast 2020-2030F, USD Million
        • Submersible Pumps- Market Size & Forecast 2020-2030F, USD Million
          • Solid Handling- Market Size & Forecast 2020-2030F, USD Million
          • Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million
        • Positive Displacement Pump – Market Size & Forecast 2020 – 2030F, USD Million   

Centrifugal Pumps holds the largest share of approx. 70% of the Global Water Pumps in Chemical Industry. These pumps can easily handle a wide variety of fluids, including corrosive, abrasive, and hazardous chemicals making them the choice of the industry.           

  • By End-User
    • Petrochemicals- Market Size & Forecast 2020-2030, USD Million
    • Agrochemicals-Market Size & Forecast 2020-2030, USD Million
    • Pharmaceuticals-Market Size & Forecast 2020-2030, USD Million
    • Specialty Chemicals-Market Size & Forecast 2020-2030, USD Million

The petrochemicals segment holds the largest share of the Global Water Pumps in the Chemical Industry. For carrying corrosive substances and processing large volumes of fluids in a high-pressure environment, water pumps are intensively used in the petrochemical industry.

Geographical Growth Insights:

  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia Pacific

Asia-Pacific region has the largest share of approx. 50% in the Global Water Pumps in the Chemical Industry. This domination is due to rapid industrialization and the expansion of chemical production in countries like China & India coupled with economic growth in the region.

MarkNtel Advisors Highlights Key Market Drivers for Water Pumps in Chemical Market:

Rising Demand in the Global Petrochemical Industry – For processing, transportation, and cooling processes in petrochemical plants high capacity pumps are required. Major expansions of the petrochemical industry can be seen in the Middle East & Africa region, followed by Asia-Pacific. This is directly proportional to the demand for water pumps for handling the massive volumes of water and chemicals involved in processing.  For instance, China’s multiple investments in the Yangtze River Economic Belt which has around 20,000 petrochemical facilities. Petrochemicals produce highly corrosive liquids that too under high-pressure environments. It requires durable and high-performance water pumps to ensure safe operations which further derives the market. For instance, the AHLSTAR pump series introduced by Sulzer Ltd. can easily handle the requirements of the petrochemical industry as they are built to resist corrosive and abrasive substances. Various investments made by Saudi Aramco in various new petrochemical complexes in Saudi Arabia and other Gulf countries increase the demand for these kinds of pumps.

A Comprehensive Analysis of Leading Companies in Global Water Pumps in Chemical Market

  • Grundfos
  • Sulzer Ltd.
  • Xylem Inc.
  • Flowserve Corporation
  • KSB SE & Co. KGaA
  • Weir Group
  • Wilo SE
  • Pentair PLC
  • ITT Inc.
  • Torishima Pump MFG. Co. LTD.
  • PSG Dover
  • Others

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/water-pumps-chemical-industry.html

Water Pumps in Chemical Market Recent Development:

  • June 2023: Sulzer Ltd. launched a closed impeller to its AHLSTAR A single-stage pump range. It supports all types of liquids that are used in industrial applications.
  • September 2024: KSB SE & Co. KGaA is launching a new intelligent submersible motor pump under the name AmaRex Pro for wastewater management applicable in multiple industries.

What are the growth Opportunity driving the Global Water Pumps in Chemical Market?

Rising Focus on Sustainability & Strict Environmental Regulations – With the global shift towards sustainability and eco-friendly resources, various regulatory bodies are emphasizing efficient water management and wastewater recycling within the industries themselves. This is done to reduce environmental concerns created by untreated hazardous waste from industries. Hazardous and Corrosive substances released by the chemical industry are causing multiple diseases. Therefore, treatment within the plants is highly required. This growing trend brings opportunities to replace traditional outdated pumps with advanced modern & eco-friendly pumps in the chemical industry. These pumps can recycle and reduce the waste water instead of releasing it into the environment creating future demand for these pumps. To meet the strict environmental regulations companies like Grundfos are developing sustainable and energy-efficient pumps.

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/water-pumps-chemical-industry.html

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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