Global Pump Casing Market: Overview
The global pump casing market is estimated to grow notably owing to the rising usage of application like waste water treatment and chemical water treatment. Pump casings are used to seal off the interiors of the pump from the atmosphere in order to retain pressure and block leakage. They surround the pump rotor in case of centrifugal pumps, so that energy can be transmitted into the fluid that is taken care of by the impellers present in the rotating shaft.
There are different variations of the global pump casing market in terms of product, type and application segmentation. On the basis of type segmentation, the market could be categorized into Nickel, Plastic, Bronze, Stainless Steel, and Carbon Steel. With respect to segmentation by application, the market can be classified into oil and gas, chemical, and agriculture.
Another application is the waste water treatment and this segment is estimated to be drawing more revenue share as water is used for various purposes like power industry, food and beverage industry and also pharmaceutical industry. These aforementioned industries are largely dependent on water for their production purposes and water. On the basis of products, the global market for pump casings is further divided into centrifugal, rotary, diaphragm, and reciprocating pumps. Among these, the market is projected to be dominated by the centrifugal pumps segment as it is displaying a graph of faster growth rate as compared to the others.
The report presented above is a complete evaluation of the global pump casing market with large focus on market dynamics. It includes the market drivers, restraints, and trends and opportunities. It also offers geographical and other segmentation studies of the market.
Global Pump Casing Market: Trends and Opportunities
Pump Casings are produced in different shapes, sizes, and are used extensively in the power industries. Factors estimated to propel the global market for pump casing is the rise in development of infrastructure, especially in developing economies. Apart from that, there are investments in infrastructural transmission that may further boost the market. The presence of natural gas and their rising number is also prognosticated to accelerate market growth and revenue generation in the years to come.
Global Pump Casing Market: Regional Analysis
The global pump casing market could be categorized into the regions of North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Out of these regions, Asia Pacific is seen to be holding a dominant share in the market owing to the enormous growth in end-use industries like power and waste-water treatment. Apart from that there is growing need for recycling and reusing water in the developing nations of India and China. This, in turn, is anticipated to boost the market for pump casing in the Asia Pacific region in the long run.
Global Pump Casing Market: Companies Mentioned
Major players in the global pump casing market are Schlumberger Ltd, Weir Group plc, Clyde Union, Inc., Ebara Corp., Sulzer Ltd., and Baker Hughes, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
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- Recommendations to companies for strengthening their foothold in the market
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