Market Overview:
The global boiler feedwater pump 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 power generation projects across the globe. Additionally, growing chemical industry is also expected to drive the growth of boiler feedwater pump market during the forecast period. Based on type, vertical boiler feedwater pumps are expected to dominate the global boiler feedwater pump market during 2018-2030 owing to their high efficiency and low maintenance cost as compared to horizontal boilers water pumps. Based on application, power & energy segment is anticipated witness highest growth rate over next decade due rising demand for electricity across globe coupled with stringent government regulations towards reducing carbon footprints .
Product Definition:
A boiler feedwater pump is a pump used to circulate water in a boiler. The main purpose of the boiler feedwater pump is to provide water to the boiler at a pressure and flow rate that will allow the boiler to operate at its design point.
Vertical Boiler Feedwater Pump:
Vertical boiler feedwater pump is used to transfer feed water from the boiler to the combustion chamber. It works on the principle of gravity and uses suction cups or chains to remove water from one level in a vessel and deposits it at another level. Feedwater pumps are primarily used in boilers where there is a possibility of overpressure, as they can act as an important part of safety valves.
Horizontal Boiler Feedwater Pump:
Horizontal boiler feedwater pump is used to transfer feed water from the boiler to the combustion chamber. It works as a part of steam distribution system and helps in maintaining pressure in the boiler. The working principle of horizontal boilers is same as that of vertical ones, i.e., they use moving parts (pipes) for conducting steam from one place to another within a vessel or container where heat can be applied which results in conversion into useful energy form known as Steam.
Application Insights:
The power and energy application segment accounted for the largest revenue share in 2017. The chemical industry is one of the significant users of boiler feedwater pumps owing to its requirement for high-pressure boilers, which are used to generate electricity as well as heat chemicals.
Power and energy was followed by other applications including food & beverage, pulp & paper, metalworking and oil & gas among others. Chemical industry is expected to be a major user of these products over the forecast period due to its growing demand for various industrial processes such as refining crude oil into petroleum products, manufacturing fertilizers from agricultural materials and producing synthetic fibers from wood pulp among others.
In terms of revenue, power and energy application segment is anticipated to grow at a CAGR exceeding 5% during the forecast period globally owing to increasing coal consumption in various countries worldwide mainly India China U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and South Korea. Growing industrialization coupled with increasing power generation from renewable sources has resulted in an increased demand for energy across Asia Pacific. This trend is projected to continue driving the growth of chemical industries as well as other sectors across countries such as China and India over the next eight years.
Europe accounted for a significant share of global revenue in 2017 owing to high investments made by governments towards developing water treatment plants that consume less feedwater or produce more steam using less fuelwood or coal.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Boiler Feedwater Pump replacement market due to aging infrastructure
- Regulations favoring energy efficiency in industries
- Development of new applications for Boiler Feedwater Pump technology
- Technological advances that improve the performance and reduce the cost of Boiler Feedwater Pumps
Scope Of The Report
Report Attributes
Report Details
Report Title
Boiler Feedwater Pump Market Research Report
By Type
Vertical Boiler Feedwater Pump, Horizontal Boiler Feedwater Pump
By Application
Chemical Industry, Power & Energy, Other
By Companies
KSB, Sulzer, Roth Pump, Grundfos Pumps, DESMI, GE Automation, CNP Pumps India, Shipco Pumps, FLUX-SPECK Pump
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Boiler Feedwater Pump Market Report Segments:
The global Boiler Feedwater Pump market is segmented on the basis of:
Types
Vertical Boiler Feedwater Pump, Horizontal Boiler Feedwater Pump
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
Chemical Industry, Power & Energy, Other
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:
- KSB
- Sulzer
- Roth Pump
- Grundfos Pumps
- DESMI
- GE Automation
- CNP Pumps India
- Shipco Pumps
- FLUX-SPECK Pump
Highlights of The Boiler Feedwater Pump 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:
- Vertical Boiler Feedwater Pump
- Horizontal Boiler Feedwater Pump
- By Application:
- Chemical Industry
- Power & Energy
- Other
- 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 Boiler Feedwater Pump 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A boiler feedwater pump is a machine that pumps water from the boiler to the steam generator. This helps to maintain a consistent temperature in the boiler, which in turn ensures efficient operation of the steam engine.
Some of the major players in the boiler feedwater pump market are KSB, Sulzer, Roth Pump, Grundfos Pumps, DESMI, GE Automation, CNP Pumps India, Shipco Pumps, FLUX-SPECK Pump.
The boiler feedwater pump market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boiler Feedwater Pump 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 Boiler Feedwater Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boiler Feedwater Pump 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 Boiler Feedwater Pump 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 Boiler Feedwater Pump Market Size & Forecast, 2020-2028
4.5.1 Boiler Feedwater Pump Market Size and Y-o-Y Growth
4.5.2 Boiler Feedwater Pump Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Vertical Boiler Feedwater Pump
5.2.2 Horizontal Boiler Feedwater Pump
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Power & Energy
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boiler Feedwater Pump 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 Boiler Feedwater Pump 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Vertical Boiler Feedwater Pump
9.6.2 Horizontal Boiler Feedwater Pump
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 Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Power & Energy
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Vertical Boiler Feedwater Pump
10.6.2 Horizontal Boiler Feedwater Pump
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 Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Power & Energy
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Vertical Boiler Feedwater Pump
11.6.2 Horizontal Boiler Feedwater Pump
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 Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Power & Energy
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Vertical Boiler Feedwater Pump
12.6.2 Horizontal Boiler Feedwater Pump
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 Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Power & Energy
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Vertical Boiler Feedwater Pump
13.6.2 Horizontal Boiler Feedwater Pump
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) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Power & Energy
13.10.3 Other
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 Boiler Feedwater Pump Market: Competitive Dashboard
14.2 Global Boiler Feedwater Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KSB
14.3.2 Sulzer
14.3.3 Roth Pump
14.3.4 Grundfos Pumps
14.3.5 DESMI
14.3.6 GE Automation
14.3.7 CNP Pumps India
14.3.8 Shipco Pumps
14.3.9 FLUX-SPECK Pump
