Transparency Market Research in its new report titled, “Rotary Pump Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the rotary pump market. The TMR report anticipates that the expansion of the wastewater management and water recycling industries and rise in investment in the non-oil sector will drive the rotary pump market during the forecast period i.e, 2018-2026. Furthermore, benefits offered by new products such as advanced treatment solutions and gear pumps are projected to boost the market. Advanced feature of rotary pumps such as their ability to transport harmful chemicals without damaging the environment is a key driver of the global rotary pump market. However, growing demand for centrifugal pumps is anticipated to inhibit the rotary pump market in the near future. Furthermore, rise in investments in wastewater treatment plants in emerging countries is anticipated to boost the rotary pump market in the future, says the report.
The report has segregated the global rotary pump market based on product type, industry, distribution channel, and region. In terms of product type, the rotary pump market is divided into gear pump, progressive cavity (PC) pump, screw pump, lobe pump, and moving vane pump. Based on industry, the market is split into chemical & petrochemical, oil & gas, pharmacy, food & beverage, power generation, water & wastewater, pharmaceutical, machinery industry, and others. Moreover, increasing awareness regarding industrial usage of wastewater in various application such as irrigation is anticipated to increase demand for effective wastewater management systems during the forecast period. In terms of distribution channel, the market is bifurcated into online and offline.
From a regional perspective, the global rotary pump market is categorized into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). North America is further divided into the U.S., Canada, and rest of North America. Europe has been categorized into the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa has been classified into GCC Countries, South Africa, and Rest of Middle East & Africa. South America has been segmented into Brazil, Mexico, and Rest of South America. Asia Pacific is expected to dominate the market for rotary pump due to high demand for rotary pumps and expansion of various end-user industries such as mining, power, wastewater, and chemical. Growth in population and rise in urbanization in APAC are increasing demand for oil & gas, electricity, and chemicals in developing economies such as Indonesia, India, and China.
Major players operating the global rotary pump market include Dover Corporation, CIRCOR International, Tushaco Pumps, Colfax Corporation, SPX Flow Technology Sweden AB, Xylem Inc., IDEX Corporation, Viking Pump, Atlas Copco AB, Pfeiffer Vacuum GmbH, ULVAC, Inc., Busch Group, Gardner Denver, Inc., Tuthill, Vogelsang, Albin Pump SAS, Netzsch Pumpen, Osaka Vacuum, Ltd., and Inoxpa India PVT.LTD. According to the report, these players are expected to take advantage of the rising industrial expenditure and new infrastructure development driven by increase in the number of power plants in the region. The players are focusing on increasing mergers and acquisitions to gain an edge over competitors. The market is projected to see an upsurge in the trend of rising sale owing to higher infrastructure facilities. As a result, the overall rotary pump market is estimated to surge.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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