Market Overview:
The global self-priming magnetic pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for self-priming magnetic pumps in various applications such as oil and gas, chemical industry, pharmaceuticals, food industry and aerospace & defense. In addition, the growing awareness about energy conservation is also propelling the demand for these pumps across different regions. Based on type, stainless steel segment is anticipated to hold a dominant position in the global self-priming magnetic pump market during the forecast period. This can be attributed to its properties such as corrosion resistance and durability which make it suitable for use in various applications including oil and gas, chemical industry and food industry segments.
Product Definition:
A self-priming magnetic pump is a type of centrifugal pump that relies on a rotating impeller to create suction and draw in fluid from the source. This type of pump does not require priming, which makes it an ideal option for applications where manual priming is difficult or impossible.
Stainless Steel:
Stainless steel is a type of alloy which consists of iron, chromium, nickel and other metals. It has various beneficial properties such as corrosion resistance, high strength and hardness along with the ability to withstand high temperatures. The demand for stainless steel in various end-use industries including chemical processing equipment industry is projected to witness significant growth over the next seven years owing to its characteristics as mentioned above.
Reinforced Polypropylene:
Reinforced PP is a kind of engineering thermoplastic which can be extruded in any shape and possess excellent mechanical, thermal & chemical properties. It has high impact resistance and good surface finish. The material possesses low water absorption & low dielectric constant, making it suitable for use as an insulator in electrical components such as resistors & capacitors.
Application Insights:
The global self-priming magnetic pump market is segmented by application into oil and gas, chemical industry, pharmaceuticals, food and beverages industry, aerospace and defense. The oil and gas sector dominated the market in 2017 owing to the rising demand for crude oil products such as natural gas liquids (NGL) from onshore shale reserves. Increasing investments in new projects to extract NGL are expected to drive product demand over the forecast period.
The food & beverage sector is anticipated to witness significant growth over the forecast period owing to increasing consumer disposable income levels coupled with a growing population that requires more food products across various regions of the world including Asia Pacific Africa America Europe Middle East & Africa Latin America North America. Increasing use of magnetic pumps due to their benefits such as compact size low power consumption high flow rate easy maintenanceability at a reasonable cost is expected fuel overall market growth during this timeframe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea and Taiwan are some of the prominent countries that have been experiencing strong economic growth over the past few years.
The demand for magnetic pumps in Europe was valued at USD X million in 2017 owing to high oil & gas production along with chemical industry development across countries such as Germany, U-K- France among others is anticipated to drive regional product demand during the forecast period.
Growth Factors:
- Increasing demand for clean and safe water: The global population is growing at a rapid pace and the demand for potable water is increasing correspondingly. This is driving the adoption of self-priming magnetic pumps, which offer high performance and reliability in pumping applications involving dirty or contaminated water.
- Rising awareness about energy efficiency: With the ever-growing focus on energy conservation, users are increasingly looking for pumps that consume less power without compromising on performance. Self-priming magnetic pumps are known to be highly energy efficient, making them an attractive choice for many industrial and commercial applications.
- Growing popularity of decentralised systems: Decentralised systems are becoming increasingly popular due to their ability to provide reliable power supply even during grid outages or emergencies. Self-priming magnetic pumps play an important role in such systems by delivering high performance even under challenging conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-priming Magnetic Pump Market Research Report
By Type
Stainless Steel, Reinforced Polypropylene, Engineering Plastics, Others
By Application
Oil and Gas, Chemical Industry, Pharmaceuticals, Food Industry, Aerospace & Defense
By Companies
Sundyne, Richter Chemie, IWAKI, Klaus Union, ITT Goulds Pumps, March Manufacturing, Flowserve, CP Pumpen, Micropump, Verder, Taicang Magnetic 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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Self-priming Magnetic Pump Market Report Segments:
The global Self-priming Magnetic Pump market is segmented on the basis of:
Types
Stainless Steel, Reinforced Polypropylene, Engineering Plastics, Others
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
Oil and Gas, Chemical Industry, Pharmaceuticals, Food Industry, Aerospace & Defense
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:
- Sundyne
- Richter Chemie
- IWAKI
- Klaus Union
- ITT Goulds Pumps
- March Manufacturing
- Flowserve
- CP Pumpen
- Micropump
- Verder
- Taicang Magnetic Pump
Highlights of The Self-priming Magnetic 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:
- Stainless Steel
- Reinforced Polypropylene
- Engineering Plastics
- Others
- By Application:
- Oil and Gas
- Chemical Industry
- Pharmaceuticals
- Food Industry
- Aerospace & Defense
- 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 Self-priming Magnetic 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 self-priming magnetic pump is a type of pump that uses the force of magnetism to prime the flow of liquid. This type of pump is often used in industrial applications, such as water treatment and oil production.
Some of the major players in the self-priming magnetic pump market are Sundyne, Richter Chemie, IWAKI, Klaus Union, ITT Goulds Pumps, March Manufacturing, Flowserve, CP Pumpen, Micropump, Verder, Taicang Magnetic Pump.
The self-priming magnetic pump market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Self-priming Magnetic Pump Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Self-priming Magnetic Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Self-priming Magnetic Pump Market - Supply Chain
4.5. Global Self-priming Magnetic Pump Market Forecast
4.5.1. Self-priming Magnetic Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Self-priming Magnetic Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Self-priming Magnetic Pump Market Absolute $ Opportunity
5. Global Self-priming Magnetic Pump Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Self-priming Magnetic Pump Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Reinforced Polypropylene
5.3.3. Engineering Plastics
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Self-priming Magnetic Pump Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Self-priming Magnetic Pump Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Chemical Industry
6.3.3. Pharmaceuticals
6.3.4. Food Industry
6.3.5. Aerospace & Defense
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Self-priming Magnetic Pump Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Self-priming Magnetic Pump Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Self-priming Magnetic Pump Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Self-priming Magnetic Pump Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Self-priming Magnetic Pump Demand Share Forecast, 2019-2026
9. North America Self-priming Magnetic Pump Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Self-priming Magnetic Pump Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Self-priming Magnetic Pump Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Chemical Industry
9.4.3. Pharmaceuticals
9.4.4. Food Industry
9.4.5. Aerospace & Defense
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Self-priming Magnetic Pump Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Reinforced Polypropylene
9.7.3. Engineering Plastics
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Self-priming Magnetic Pump Demand Share Forecast, 2019-2026
10. Latin America Self-priming Magnetic Pump Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Self-priming Magnetic Pump Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Self-priming Magnetic Pump Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Chemical Industry
10.4.3. Pharmaceuticals
10.4.4. Food Industry
10.4.5. Aerospace & Defense
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Self-priming Magnetic Pump Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Reinforced Polypropylene
10.7.3. Engineering Plastics
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Self-priming Magnetic Pump Demand Share Forecast, 2019-2026
11. Europe Self-priming Magnetic Pump Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Self-priming Magnetic Pump Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Self-priming Magnetic Pump Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Chemical Industry
11.4.3. Pharmaceuticals
11.4.4. Food Industry
11.4.5. Aerospace & Defense
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Self-priming Magnetic Pump Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Reinforced Polypropylene
11.7.3. Engineering Plastics
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Self-priming Magnetic Pump Demand Share, 2019-2026
12. Asia Pacific Self-priming Magnetic Pump Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Self-priming Magnetic Pump Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Self-priming Magnetic Pump Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Chemical Industry
12.4.3. Pharmaceuticals
12.4.4. Food Industry
12.4.5. Aerospace & Defense
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Self-priming Magnetic Pump Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Reinforced Polypropylene
12.7.3. Engineering Plastics
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Self-priming Magnetic Pump Demand Share, 2019-2026
13. Middle East & Africa Self-priming Magnetic Pump Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Self-priming Magnetic Pump Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Self-priming Magnetic Pump Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Chemical Industry
13.4.3. Pharmaceuticals
13.4.4. Food Industry
13.4.5. Aerospace & Defense
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Self-priming Magnetic Pump Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Reinforced Polypropylene
13.7.3. Engineering Plastics
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Self-priming Magnetic Pump Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Self-priming Magnetic Pump Market: Market Share Analysis
14.2. Self-priming Magnetic Pump Distributors and Customers
14.3. Self-priming Magnetic Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sundyne
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Richter Chemie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IWAKI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Klaus Union
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ITT Goulds Pumps
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. March Manufacturing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Flowserve
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CP Pumpen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Micropump
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Verder
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Taicang Magnetic Pump
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook