Market Overview:
The global between bearing pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy and rising investments in oil & gas and petrochemical industries across the globe. In terms of type, BB1 pumps are expected to dominate the market during the forecast period, followed by BB2, BB3, BB4 and BB5 pumps. In terms of application, refinery is expected to be one of the fastest-growing segments during the forecast period. North America is estimated to account for a major share of global between bearing pumps market in 2018 owing to high demand from oil & gas and petrochemical industries in this region.
Product Definition:
A between bearing pump (BBP) is a centrifugal pump that has two bearings, one on each end of the impeller. This configuration allows the impeller to spin more freely, which reduces wear and increases efficiency. BBPs are often used in applications where high pressure or high temperatures are encountered.
BB1:
The global between bearing pumps market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Increasing investments in various end-use industries are anticipated to drive product demand over the forecast period.
BB2:
The BB2 is a replacement for the standard bearing in between pumps. It has an external design that allows it to be used with other equipment such as ballast tanks, spreader trucks and auger feeders. The BB2 can also be mounted on the frame of a vehicle without any tools or special installation hardware.
The main objective of installing between bearings is to provide stability while rotating.
Application Insights:
The global between bearing pumps market by application is segmented into refinery, petrochemical, coal chemical, natural gas industries and others. The other applications include food & beverage processing and pharmaceuticals. Refinery was the largest application segment in 2017 with a share of over 40% in the overall market. High demand for crude oil processed through various stages including extraction & purification to increase its yield is expected to drive product demand over the forecast period.
Petrochemical emerged as another prominent segment with a share of around 30% in 2017 owing to increasing investments for developing new sources of petroleum products including bio-refinery processes that require less maintenance and operations costs along with higher yields than conventional refineries do.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, increasing population, and rising living standards. China is one of the largest economies in this region with a large number of manufacturing facilities across various industries including oil & gas industry.
The demand for between bearing pumps in Europe was valued at USD X million in 2017 owing to presence of major chemical processing units such as BASF SE; Bayer AG; Chemtura Corporation; Clariant International Ltd.; Evonik Industries AG; Lanxess A GmbH & Co.; Hulsan Group Limited (ExxonMobil Refinery); Pirelli Cables S.p.A.
Growth Factors:
- Increasing demand from the end-user industries
- Growing investments in the infrastructure sector
- Rising awareness about energy conservation and its benefits
- Technological advancements in pump manufacturing industry
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Between Bearing Pumps Market Research Report
By Type
BB1, BB2, BB3, BB4, BB5
By Application
Refinery, Petrochemical, Coal Chemical, Natural Gas Industries, Others
By Companies
Flowserve, Ruhrpumpen, Sulzer, Siamraj Pump, Deep Blue Pumps, HYOSUNG GOODSPRINGS, Croos Pump (Shanghai) Co Ltd, Goulds Pumps, Industrial Pumps Group, Clyde Union, Flowserve
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Between Bearing Pumps Market Report Segments:
The global Between Bearing Pumps market is segmented on the basis of:
Types
BB1, BB2, BB3, BB4, BB5
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Refinery, Petrochemical, Coal Chemical, Natural Gas Industries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Flowserve
- Ruhrpumpen
- Sulzer
- Siamraj Pump
- Deep Blue Pumps
- HYOSUNG GOODSPRINGS
- Croos Pump (Shanghai) Co Ltd
- Goulds Pumps
- Industrial Pumps Group
- Clyde Union
- Flowserve
Highlights of The Between Bearing Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- BB1
- BB2
- BB3
- BB4
- BB5
- By Application:
- Refinery
- Petrochemical
- Coal Chemical
- Natural Gas Industries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Between Bearing Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bearing pumps are used to move fluids in and out of bearings. They work by using a rotating impeller to create a flow of fluid. This flow helps to lubricate the bearings and remove debris.
Some of the major companies in the between bearing pumps market are Flowserve, Ruhrpumpen, Sulzer, Siamraj Pump, Deep Blue Pumps, HYOSUNG GOODSPRINGS, Croos Pump (Shanghai) Co Ltd, Goulds Pumps, Industrial Pumps Group, Clyde Union, Flowserve.
The between bearing pumps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Between Bearing Pumps Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Between Bearing Pumps Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Between Bearing Pumps Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Between Bearing Pumps Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Between Bearing Pumps Market Size & Forecast, 2018-2028 4.5.1 Between Bearing Pumps Market Size and Y-o-Y Growth 4.5.2 Between Bearing Pumps Market Absolute $ Opportunity
Chapter 5 Global Between Bearing Pumps Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Between Bearing Pumps Market Size Forecast by Type
5.2.1 BB1
5.2.2 BB2
5.2.3 BB3
5.2.4 BB4
5.2.5 BB5
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Between Bearing Pumps Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Between Bearing Pumps Market Size Forecast by Applications
6.2.1 Refinery
6.2.2 Petrochemical
6.2.3 Coal Chemical
6.2.4 Natural Gas Industries
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Between Bearing Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Between Bearing Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Between Bearing Pumps Analysis and Forecast
9.1 Introduction
9.2 North America Between Bearing Pumps Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Between Bearing Pumps Market Size Forecast by Type
9.6.1 BB1
9.6.2 BB2
9.6.3 BB3
9.6.4 BB4
9.6.5 BB5
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Between Bearing Pumps Market Size Forecast by Applications
9.10.1 Refinery
9.10.2 Petrochemical
9.10.3 Coal Chemical
9.10.4 Natural Gas Industries
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Between Bearing Pumps Analysis and Forecast
10.1 Introduction
10.2 Europe Between Bearing Pumps Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Between Bearing Pumps Market Size Forecast by Type
10.6.1 BB1
10.6.2 BB2
10.6.3 BB3
10.6.4 BB4
10.6.5 BB5
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Between Bearing Pumps Market Size Forecast by Applications
10.10.1 Refinery
10.10.2 Petrochemical
10.10.3 Coal Chemical
10.10.4 Natural Gas Industries
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Between Bearing Pumps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Between Bearing Pumps Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Between Bearing Pumps Market Size Forecast by Type
11.6.1 BB1
11.6.2 BB2
11.6.3 BB3
11.6.4 BB4
11.6.5 BB5
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Between Bearing Pumps Market Size Forecast by Applications
11.10.1 Refinery
11.10.2 Petrochemical
11.10.3 Coal Chemical
11.10.4 Natural Gas Industries
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Between Bearing Pumps Analysis and Forecast
12.1 Introduction
12.2 Latin America Between Bearing Pumps Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Between Bearing Pumps Market Size Forecast by Type
12.6.1 BB1
12.6.2 BB2
12.6.3 BB3
12.6.4 BB4
12.6.5 BB5
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Between Bearing Pumps Market Size Forecast by Applications
12.10.1 Refinery
12.10.2 Petrochemical
12.10.3 Coal Chemical
12.10.4 Natural Gas Industries
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Between Bearing Pumps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Between Bearing Pumps Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Between Bearing Pumps Market Size Forecast by Type
13.6.1 BB1
13.6.2 BB2
13.6.3 BB3
13.6.4 BB4
13.6.5 BB5
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Between Bearing Pumps Market Size Forecast by Applications
13.10.1 Refinery
13.10.2 Petrochemical
13.10.3 Coal Chemical
13.10.4 Natural Gas Industries
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Between Bearing Pumps Market: Competitive Dashboard
14.2 Global Between Bearing Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flowserve
14.3.2 Ruhrpumpen
14.3.3 Sulzer
14.3.4 Siamraj Pump
14.3.5 Deep Blue Pumps
14.3.6 HYOSUNG GOODSPRINGS
14.3.7 Croos Pump (Shanghai) Co Ltd
14.3.8 Goulds Pumps
14.3.9 Industrial Pumps Group
14.3.10 Clyde Union
14.3.11 Flowserve