Horizontal Multistage Pumps Market to Witness Growth by a Notable CAGR throughout 2022 – 2030


Posted October 13, 2023 by Garry008

This report also provides the existing competitive scenario of some of the key players of the global horizontal multistage pumps market.

 
Research Nester published a report titled “Horizontal Multistage Pumps Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers a detailed overview of the global horizontal multistage pumps market in terms of market segmentation by application, material, end-user, and region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the market.
The global horizontal multistage pumps market is anticipated to attain a notable CAGR over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of application into municipal water supply, irrigation, general industrial services, water treatment, and others, out of which, the municipal water supply segment is anticipated to hold the notable share over the forecast period, owing to the growing need for horizontal pumps in pipes to keep up a steady water supply.
The global horizontal multistage pumps market is projected to grow on the back of increasing demand for multistage pumps in water treatment plants, sewage transportation, and water supply systems. Various advantages of horizontal multistage pumps, including high power performance, easy operation and repair, compact size, lightweight, and high speed, are projected to boost the market growth. Furthermore, the growing government awareness regarding the treatment of wastewater across the world. According to a report by UN-Water, 80% of wastewater is released to the environment without adequate treatment, which needs to be changed.
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On the basis of geographical analysis, the global horizontal multistage pumps market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these, the market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period owing to the growing demand for waste water treatment, backed by major water scarcity in the developing countries.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Application of Multistage Pumps in Waste Water Treatment to Fuel the Market Growth
Growing adoption of centrifugal pumps to transport waste water inside a waste water treatment plant is estimated to primarily boost the market growth. Multistage pumps are ideal for high-pressure pumping, which is further estimated to increase their demand over the years.
However, the circulation of generic pumps and availability of low cost pumps in the market are expected to operate as key restraint to the growth of the global horizontal multistage pumps market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global horizontal multistage pumps market which includes company profiling of Xylem, Sulzer Ltd., Flowserve Corporation, Grundfos Holding A/S, The Weir Group PLC, Baker Hughes Company, HCP Pump Manufacturer Co., Ltd., CNP India Private Limited, and VANSAN Water Technologies. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global horizontal multistage pumps market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. Every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Issued By Research Nester
Country India
Categories Business
Tags horizontal multistage pumps market
Last Updated October 13, 2023