Market Overview:
The global submersible slurry pumps 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 submersible slurry pumps from various end-use industries, such as mining and mineral industry, construction, metallurgy & chemical industry, pulp and paper, power generation, and others. In addition, the growing demand for energy-efficient and environment-friendly submersible slurry pumps is also contributing to the growth of this market. Based on type, the global submersible slurry pumps market can be segmented into stainless steel slurry pumps, cast iron slurry pumps high chrome iron (HCI) Slurry Pumps,, and others.
Product Definition:
Submersible Slurry Pumps are pumps that are specifically designed to handle slurries. Slurries are a mixture of water and solids, and they can be very thick and difficult to pump. Submersible Slurry Pumps can handle these difficult fluids easily, making them an important tool for many industrial applications.
Stainless Steel Slurry Pumps:
Stainless steel slurry pumps are used in submersible slurry pumps market. These products have gained wide acceptance globally on account of their durability, reliability and suitability for use in a variety of applications including wastewater treatment, oil & gas extraction and food processing industries.
The global demand for stainless steel has witnessed an upsurge over the past few years owing to its increasing application scope in end-use verticals such as automotive & transportation, building & construction equipment.
Cast Iron Slurry Pumps:
Cast iron slurry pumps are used in submersible slurry pumps market. It is one of the most important components of a submersible pump system. The working principle is based on suction and discharge operation using liquid as a medium for movement. Cast iron has high thermal conductivity, low friction, and it can be easily obtained at low cost which makes it suitable to be used in making cast iron slurry pumps.
Application Insights:
The application segment includes mining and mineral industry, construction, metallurgy and chemical industry, power generation, pulp and paper industry. The mining and mineral industry dominated the global market in terms of demand with a share of over 40% in 2017. This is attributed to the growing demand for steel from various industries such as building & construction, automotive manufacturing etc. Rapid urbanization coupled with rising consumer spending on luxury goods has led to an increase in the consumption of minerals such as copper (Cu) across the globe which is further driving product demand from this sector.
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 rapid growth in various industries, such as mining, construction, metallurgy & chemical industry. This can be attributed to increasing demand for industrial equipment and machinery coupled with growing investments by foreign players in this region.
The iron and steel industry of Asia Pacific is one of the largest producers of raw materials across the globe owing to availability of low-cost labor force along with high-quality coal bed methane (CBM) which acts as a major raw material for producing slag from iron ore pelletizing process. Thus, these factors are anticipated to drive product demand over next eight years.
Growth Factors:
- Increasing demand from the mining and construction industries for efficient pumping of slurries is expected to drive the growth of the submersible slurry pumps market.
- Rising awareness about energy-efficient and environment-friendly pump solutions is projected to fuel the demand for submersible slurry pumps in the near future.
- The increasing adoption of submersible slurry pumps in wastewater treatment applications is anticipated to create new opportunities for this market during the forecast period.
- Growing investments in infrastructure development projects are expected to boost the demand for submersible slurry pumps over the next few years.
- Technological advancements in pump design and manufacturing are likely to propelthe growth ofthesubmerisibleslurrypumpsmarketin thenearfuture
Scope Of The Report
Report Attributes
Report Details
Report Title
Submersible Slurry Pumps Market Research Report
By Type
Stainless Steel Slurry Pumps, Cast Iron Slurry Pumps, High Chrome Iron Slurry Pumps, Others
By Application
Mining and Mineral Industry, Construction, Metallurgy & Chemical Industry, Pulp and Paper, Power Generation, Others
By Companies
Weir Group, Ebara Pumps, Tsurumi Pump, ITT Goulds Pumps, Xylem, Grindex, Flowserve, Vulcan Pumps, Goodwin, Shijiazhuang Kingda Pump, Excellence Pump Industry, Zhejiang FengYuan Pump, LEO Group, Schurco Slurry, Shijiazhuang Shifang Pump, Shijiazhuang Naipu 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 Submersible Slurry Pumps Market Report Segments:
The global Submersible Slurry Pumps market is segmented on the basis of:
Types
Stainless Steel Slurry Pumps, Cast Iron Slurry Pumps, High Chrome Iron Slurry Pumps, 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
Mining and Mineral Industry, Construction, Metallurgy & Chemical Industry, Pulp and Paper, Power Generation, 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:
- Weir Group
- Ebara Pumps
- Tsurumi Pump
- ITT Goulds Pumps
- Xylem
- Grindex
- Flowserve
- Vulcan Pumps
- Goodwin
- Shijiazhuang Kingda Pump
- Excellence Pump Industry
- Zhejiang FengYuan Pump
- LEO Group
- Schurco Slurry
- Shijiazhuang Shifang Pump
- Shijiazhuang Naipu Pump
Highlights of The Submersible Slurry 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:
- Stainless Steel Slurry Pumps
- Cast Iron Slurry Pumps
- High Chrome Iron Slurry Pumps
- Others
- By Application:
- Mining and Mineral Industry
- Construction
- Metallurgy & Chemical Industry
- Pulp and Paper
- Power Generation
- 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 Submersible Slurry 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.
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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?
A submersible slurry pump is a type of pump that uses water as the working fluid. It is typically used to move liquid substances under pressure through a pipeline or other conduit.
Some of the major players in the submersible slurry pumps market are Weir Group, Ebara Pumps, Tsurumi Pump, ITT Goulds Pumps, Xylem, Grindex, Flowserve, Vulcan Pumps, Goodwin, Shijiazhuang Kingda Pump, Excellence Pump Industry, Zhejiang FengYuan Pump, LEO Group, Schurco Slurry, Shijiazhuang Shifang Pump, Shijiazhuang Naipu Pump.
The submersible slurry pumps market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Submersible Slurry Pumps 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. Submersible Slurry Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Submersible Slurry Pumps Market - Supply Chain
4.5. Global Submersible Slurry Pumps Market Forecast
4.5.1. Submersible Slurry Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Submersible Slurry Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Submersible Slurry Pumps Market Absolute $ Opportunity
5. Global Submersible Slurry Pumps 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. Submersible Slurry Pumps Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Slurry Pumps
5.3.2. Cast Iron Slurry Pumps
5.3.3. High Chrome Iron Slurry Pumps
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Submersible Slurry Pumps 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. Submersible Slurry Pumps Market Size and Volume Forecast by Application
6.3.1. Mining and Mineral Industry
6.3.2. Construction
6.3.3. Metallurgy & Chemical Industry
6.3.4. Pulp and Paper
6.3.5. Power Generation
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Submersible Slurry Pumps 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. Submersible Slurry Pumps 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 Submersible Slurry Pumps 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. Submersible Slurry Pumps 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 Submersible Slurry Pumps Demand Share Forecast, 2019-2026
9. North America Submersible Slurry Pumps 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 Submersible Slurry Pumps 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 Submersible Slurry Pumps Market Size and Volume Forecast by Application
9.4.1. Mining and Mineral Industry
9.4.2. Construction
9.4.3. Metallurgy & Chemical Industry
9.4.4. Pulp and Paper
9.4.5. Power Generation
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Submersible Slurry Pumps Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Slurry Pumps
9.7.2. Cast Iron Slurry Pumps
9.7.3. High Chrome Iron Slurry Pumps
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 Submersible Slurry Pumps Demand Share Forecast, 2019-2026
10. Latin America Submersible Slurry Pumps 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 Submersible Slurry Pumps 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 Submersible Slurry Pumps Market Size and Volume Forecast by Application
10.4.1. Mining and Mineral Industry
10.4.2. Construction
10.4.3. Metallurgy & Chemical Industry
10.4.4. Pulp and Paper
10.4.5. Power Generation
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Submersible Slurry Pumps Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Slurry Pumps
10.7.2. Cast Iron Slurry Pumps
10.7.3. High Chrome Iron Slurry Pumps
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 Submersible Slurry Pumps Demand Share Forecast, 2019-2026
11. Europe Submersible Slurry Pumps 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 Submersible Slurry Pumps 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 Submersible Slurry Pumps Market Size and Volume Forecast by Application
11.4.1. Mining and Mineral Industry
11.4.2. Construction
11.4.3. Metallurgy & Chemical Industry
11.4.4. Pulp and Paper
11.4.5. Power Generation
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Submersible Slurry Pumps Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Slurry Pumps
11.7.2. Cast Iron Slurry Pumps
11.7.3. High Chrome Iron Slurry Pumps
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 Submersible Slurry Pumps Demand Share, 2019-2026
12. Asia Pacific Submersible Slurry Pumps 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 Submersible Slurry Pumps 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 Submersible Slurry Pumps Market Size and Volume Forecast by Application
12.4.1. Mining and Mineral Industry
12.4.2. Construction
12.4.3. Metallurgy & Chemical Industry
12.4.4. Pulp and Paper
12.4.5. Power Generation
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Submersible Slurry Pumps Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Slurry Pumps
12.7.2. Cast Iron Slurry Pumps
12.7.3. High Chrome Iron Slurry Pumps
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 Submersible Slurry Pumps Demand Share, 2019-2026
13. Middle East & Africa Submersible Slurry Pumps 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 Submersible Slurry Pumps 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 Submersible Slurry Pumps Market Size and Volume Forecast by Application
13.4.1. Mining and Mineral Industry
13.4.2. Construction
13.4.3. Metallurgy & Chemical Industry
13.4.4. Pulp and Paper
13.4.5. Power Generation
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Submersible Slurry Pumps Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Slurry Pumps
13.7.2. Cast Iron Slurry Pumps
13.7.3. High Chrome Iron Slurry Pumps
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 Submersible Slurry Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Submersible Slurry Pumps Market: Market Share Analysis
14.2. Submersible Slurry Pumps Distributors and Customers
14.3. Submersible Slurry Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Weir Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ebara Pumps
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tsurumi Pump
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ITT Goulds Pumps
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xylem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Grindex
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. Vulcan Pumps
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Goodwin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shijiazhuang Kingda Pump
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Excellence Pump Industry
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang FengYuan Pump
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. LEO Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Schurco Slurry
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shijiazhuang Shifang Pump
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shijiazhuang Naipu Pump
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
