Vortex Pump Market: Introduction
Vortex pumps (also called recessed impeller pumps) are based on the principle of creating a vortex flow with a recessed impeller that is positioned away from the path of the liquid. It creates circular churning motion around an axis that creates suction for the fluid to flow into the volute and out through discharge. Vortex pumps are widely used in a channel where there is risk of clogging that generally happens when the liquid pumped through it has a high level of sand content. These pumps are used in various industries, such as water treatment, chemical, metallurgical, and mechanical. Vortex pumps are mostly used in industrial wastewater, which require large free passages.
Key Drivers of the Vortex Pump Market
Growing industrialization, technological advancements in agriculture, and wastewater management are expected to increase the demand for vortex pumps globally in the near future. The agricultural industry is growing rapidly owing to increased mechanism. Online retail stores are likely to be highly attractive during the forecast period due to rise in preference for online shopping for vortex pumps to meet their growing demand.
Improved vortex pumps creating opportunities in the market
Better-quality vortex pumps have created new opportunities for the product in the market. Manufacturers are implementing advance features to make the product more efficient for end-users. 30% solids can be safely pumped with the improved version of vortex pumps. It also pumps liquids with a higher gas content and provides high reliability through optimum design of the pump and mechanical seal RG4 for solids. On the other hand, it also comes with low replacement costs for mechanical seal through long service life and are very quiet, running through the deflection-resistant shaft. Such features added in the product are expected to create new opportunities in the market.
High repair & maintenance cost - restraints of the vortex pump market
Pump failure can result in costly repair and damage. Being one of the causes of failure, cavitation is the result of insufficient pressure at the suction end of the pump or Net Positive Suction Head Available (NPSHa), causing the liquid in a pump to turn into vapor at low pressure. Others reasons of pump failure includes corrosion, fouling, and wear & tear. These factors hamper the market growth to a large extent.
Asia Pacific the dominant market
Asia Pacific is projected to have a huge market for vortex pumps. In addition, the water treatment industry is estimated to contribute significantly to the global vortex pump market in the region as these pumps play an important role in water clogging removal and providing safe water quality. The pumps maximize the transfer of sludge in waters, disposed through household wastes such as showers, toilets, and industrial waste. These factors are anticipated to generate high demand for vortex pumps in the water treatment industry during the forecast period.
Key Players Operating in the Global Market
Companies are working on product innovation and development to expand their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the major companies identified in the vortex pump market are:
- Ranklin Electric
- Wilo SE
- EDDY Pump
- P D Pumps Ltd
- Axfolding Holding AB
- Emile Egger & Cie SA
- Zoeller Company
- PSG Dover
Vortex Pump Market: Research Scope
Vortex Pump Market, by Access Impeller
- Open impeller
- Semi-open impeller
- Closed impeller
Vortex Pump Market, by Industry
- Water treatment industry
- Chemical industry
- Metallurgical industry
- Agriculture industry
- Mechanical industry
Vortex Pump Market, by Application
- Water Treatment
Vortex Pump Market, by Distribution Channel
Vortex Pump Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
The report on the vortex pump market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
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The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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