Water Pumps in Chemical Market to Register 3.06% CAGR Through 2030 | Key Drivers and Opportunities

MarkNtel Advisors recently published a detailed industry analysis of the Global Water Pumps in Chemical Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Water Pumps in Chemical Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Water Pumps in Chemical Market size was valued at around USD 5.88 billion in 2024 and is projected to reach USD 6.88 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.06% during the forecast period, i.e., 2025-2030. 

Key Findings in Global Water Pumps in Chemical Market:

• Historical Analysis: 2020–2023
• Base Year: 2024
• Forecast Period: 2025–2030

Leading Market Players- Grundfos, Sulzer Ltd., Xylem Inc., Flowserve Corporation, KSB SE & Co. KGaA, Weir Group, Wilo SE, Pentair PLC, ITT Inc., Torishima Pump MFG. Co. LTD., PSG Dover and Others

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Global Water Pumps in Chemical industry?

Rising Demand in the Global Petrochemical Industry – For processing, transportation, and cooling processes in petrochemical plants high capacity pumps are required. Major expansions of the petrochemical industry can be seen in the Middle East & Africa region, followed by Asia-Pacific. This is directly proportional to the demand for water pumps for handling the massive volumes of water and chemicals involved in processing.  For instance, China’s multiple investments in the Yangtze River Economic Belt which has around 20,000 petrochemical facilities. Petrochemicals produce highly corrosive liquids that too under high-pressure environments. It requires durable and high-performance water pumps to ensure safe operations which further derives the market. For instance, the AHLSTAR pump series introduced by Sulzer Ltd. can easily handle the requirements of the petrochemical industry as they are built to resist corrosive and abrasive substances. Various investments made by Saudi Aramco in various new petrochemical complexes in Saudi Arabia and other Gulf countries increase the demand for these kinds of pumps.

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What segments define the Global Water Pumps in Chemical Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Type

• Centrifugal Pump–Market Size & Forecast 2020–2030F, USD Million
  • Overhung Pumps- Market Size & Forecast 2020-2030F, USD Million
    • Vertical Line- Market Size & Forecast 2020-2030F, USD Million
    • Horizontal End Suction- Market Size & Forecast 2020-2030F, USD Million
  • Split Case Pumps- Market Size & Forecast 2020-2030F, USD Million
    • Single/Two Stage- Market Size & Forecast 2020-2030F, USD Million
    • Multi Stage- Market Size & Forecast 2020-2030F, USD Million
  • Vertical Pumps- Market Size & Forecast 2020-2030F, USD Million
    • Turbine- Market Size & Forecast 2020-2030F, USD Million
      • Solid Handling- Market Size & Forecast 2020-2030F, USD Million
      • Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million
    • Axial- Market Size & Forecast 2020-2030F, USD Million
    • Mixed Flow- Market Size & Forecast 2020-2030F, USD Million
  • Submersible Pumps- Market Size & Forecast 2020-2030F, USD Million
    • Solid Handling- Market Size & Forecast 2020-2030F, USD Million
    • Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million
• Positive Displacement Pump – Market Size & Forecast 2020 – 2030F, USD Million      

According to report, Centrifugal Pumps holds the largest share of approx. 70% of the Global Water Pumps in Chemical Industry.

By End-User

• Petrochemicals- Market Size & Forecast 2020-2030, USD Million
• Agrochemicals-Market Size & Forecast 2020-2030, USD Million
• Pharmaceuticals-Market Size & Forecast 2020-2030, USD Million
• Specialty Chemicals-Market Size & Forecast 2020-2030, USD Million

According to report, The petrochemicals segment holds the largest share of the Global Water Pumps in the Chemical Industry.

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Geographical Analysis: Global Water Pumps in Chemical Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The Global Water Pumps in Chemical Industry Recent Development:

• June 2023: Sulzer Ltd. launched a closed impeller to its AHLSTAR A single-stage pump range. It supports all types of liquids that are used in industrial applications.
• September 2024: KSB SE & Co. KGaA is launching a new intelligent submersible motor pump under the name AmaRex Pro for wastewater management applicable in multiple industries.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Water Pumps in Chemical Market?
• How is the Global Water Pumps in Chemical Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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