Market Overview:
The global corrosion resistant pumps market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for corrosion resistant pumps in various applications, such as industrial, marine, and other applications. In addition, the growing demand for energy-efficient and reliable pumps is also contributing to the growth of this market. Based on type, the global corrosion resistant pump market can be segmented into single impeller pump and dual impellers pump. The dual impellers pump segment is expected to grow at a higher CAGR than the single impeller pump segment during the forecast period. This growth can be attributed to its ability to handle high flow rates with less power consumption as compared with single impeller pumps. Based on application, the global corrosion resistant Pump Market can be divided into industrial application, marine application and other applications segments respectively .
Product Definition:
A corrosion resistant pump is a pump that has been specifically designed to resist the corrosive effects of certain liquids, gasses, or chemicals. These pumps are often used in industries where there is a high risk of corrosion, such as the chemical industry and the water treatment industry.
Single Impeller Pump:
Single impeller pump is a mechanical device used to move fluid. It consists of one main body with nozzles or discharge outlets at the bottom and suction inlets at the top. The liquid being pumped is forced through these nozzles by centrifugal force, due to which it moves away from the suction inlet and towards the outlet at a constant velocity.
Dual Impellers Pump:
Dual impellers pump is a mechanical device used to move fluid. It consists of two separate components namely, impeller and suction cup. The dual impeller pump has two rotating parts known as “impellers” which are mounted on the same shaft. These pumps can be used in various applications including wastewater treatment, food & beverage processing, chemical processing and mining etc., where corrosive fluids are involved.
Application Insights:
The industrial application segment dominated the global corrosion resistant pumps market in 2017, accounting for over 60.0% share of the total revenue. The rising demand for chemical and mechanical engineering products is expected to be a key factor driving the growth of this segment over the forecast period.
Corrosion resistant pumps are used in various industries including oil & gas, power generation, water treatment and mining etc., where there is a high risk of corrosive environments like seawater or industrial waste water etc., around vital equipment or machinery components. These pumps provide effective cooling by removing heat from contaminated fluids thereby reducing energy costs and increasing productivity across various industries globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising demand for corrosion resistant pumps from various applications including water treatment, power generation, mining, and chemical processing. In addition, growing population in countries such as China and India will boost product demand in domestic application segments such as residential water supply & sanitation.
The Asia Pacific region accounted for a share of more than 30% of global revenue in 2017 owing to high industrial activity across major economies including China and India. Moreover, favorable government policies encouraging private investments are anticipated to fuel pump manufacturing capacity over the next eight years thereby supporting market growth during the forecast period.
Growth Factors:
- Increasing demand from the oil and gas industry for corrosion resistant pumps
- Rising awareness about the benefits of using corrosion resistant pumps in various industries
- Growing investments in research and development to develop new and innovative corrosion resistant pump technologies
- Proliferation of nanotechnology-based coatings that can protect pump surfaces from corrosion
- Increasing demand for energy-efficient and environmentally friendly corrosion resistant pumps
Scope Of The Report
Report Attributes
Report Details
Report Title
Corrosion Resistant Pumps Market Research Report
By Type
Single Impeller Pump, Dual Impellers Pump
By Application
Industrial, Marine, Other
By Companies
Grundfos, Xylem, Sulzer, Franklin Electric, DAB Pumps, Tsurumi Pump, OLIJU Pumps, HCP Pump, Samudra, Kirloskar Brothers, Multiquip, Showfou Electric Machine, SIMS, Giant Industrie
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Corrosion Resistant Pumps Market Report Segments:
The global Corrosion Resistant Pumps market is segmented on the basis of:
Types
Single Impeller Pump, Dual Impellers 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
Industrial, Marine, 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:
- Grundfos
- Xylem
- Sulzer
- Franklin Electric
- DAB Pumps
- Tsurumi Pump
- OLIJU Pumps
- HCP Pump
- Samudra
- Kirloskar Brothers
- Multiquip
- Showfou Electric Machine
- SIMS
- Giant Industrie
Highlights of The Corrosion Resistant 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:
- Single Impeller Pump
- Dual Impellers Pump
- By Application:
- Industrial
- Marine
- 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 Corrosion Resistant 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
- Business Expansion Strategies
- 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?
Corrosion resistant pumps are designed to resist corrosion and wear. This means that the pump will last longer and be more reliable in harsh environmental conditions.
Some of the major players in the corrosion resistant pumps market are Grundfos, Xylem, Sulzer, Franklin Electric, DAB Pumps, Tsurumi Pump, OLIJU Pumps, HCP Pump, Samudra, Kirloskar Brothers, Multiquip, Showfou Electric Machine, SIMS, Giant Industrie.
The corrosion resistant 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 Corrosion Resistant 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 Corrosion Resistant Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Corrosion Resistant 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 Corrosion Resistant 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 Corrosion Resistant Pumps Market Size & Forecast, 2020-2028
4.5.1 Corrosion Resistant Pumps Market Size and Y-o-Y Growth
4.5.2 Corrosion Resistant Pumps 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 Single Impeller Pump
5.2.2 Dual Impellers 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 Industrial
6.2.2 Marine
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corrosion Resistant 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 Corrosion Resistant 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 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 Single Impeller Pump
9.6.2 Dual Impellers 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 Industrial
9.10.2 Marine
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 Single Impeller Pump
10.6.2 Dual Impellers 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 Industrial
10.10.2 Marine
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 Single Impeller Pump
11.6.2 Dual Impellers 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 Industrial
11.10.2 Marine
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 Single Impeller Pump
12.6.2 Dual Impellers 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 Industrial
12.10.2 Marine
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 Single Impeller Pump
13.6.2 Dual Impellers 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 Industrial
13.10.2 Marine
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 Corrosion Resistant Pumps Market: Competitive Dashboard
14.2 Global Corrosion Resistant Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grundfos
14.3.2 Xylem
14.3.3 Sulzer
14.3.4 Franklin Electric
14.3.5 DAB Pumps
14.3.6 Tsurumi Pump
14.3.7 OLIJU Pumps
14.3.8 HCP Pump
14.3.9 Samudra
14.3.10 Kirloskar Brothers
14.3.11 Multiquip
14.3.12 Showfou Electric Machine
14.3.13 SIMS
14.3.14 Giant Industrie
