A centrifugal pump is designed to move fluid through the transfer of rotational energy from one or more driven rotors, known as impellers. It converts the rotational energy of the fluid to energy in a moving fluid. The increasing urbanization in the developing countries and demand for water treatment plants is causing the centrifugal pump market to expand during the forecast period. The Middle East and the Asia Pacific region are hence likely to experience high growth in the coming years owing to the rising industrial demands in these regions.
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The centrifugal pump market is anticipated to grow in the forecast period owing to driving factors such as robust demand form water & wastewater and infrastructure industry. However, the cavitation effect in centrifugal pumps is acting as a restraining factor for the growth of the centrifugal pump market during the forecast period. On the other hand, the developing countries are likely to offer lucrative opportunities to the market players on account of the increasing investments in wastewater treatment plants in the coming years.
The global centrifugal pump market is segmented on the basis of type and end user. Based on type, the market is segmented as single stage centrifugal pump and multistage centrifugal pump. The market on the basis of the end user is classified as industrial and commercial & residential.
Some of the key players of Centrifugal Pump Market:
Baker Hughes, a GE company LLC,CIRCOR International, Inc.,Flowserve Corporation,Grundfos Holding A/S,,KSB SE & Co. KGaA,Pentair plc,SOMEFLU,Sulzer Ltd,The Weir Group PLC,WILO SE
Global Centrifugal Pump Market Analysis to 2027 is a specialized and in-depth study of the Centrifugal Pump industry with a focus on the global market trend. The report aims to provide an overview of global Centrifugal Pump Market with detailed market segmentation by product/application and geography. Centrifugal Pump Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period.
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What the report features:-
1.Global analysis of Centrifugal Pump Market from 2018 – 2027 illustrating the progression of the market.
2. Forecast and analysis of Centrifugal Pump Market by Dosage, Route of Administration and Application from 2018 – 2027.
3.Forecast and analysis of Centrifugal Pump Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
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