A detailed study on ‘High Pressure Pump Market’, formulated by Persistence Market Research, offers an in-depth analysis of the key factors impacting the current business scenario across key regions. In-depth information pertaining to the industry’s size, share, application, and statistics are also summed up in the report to present a comprehensive outlook on the market. In addition, this report also offers an accurate competitive analysis illustrating the status of market forerunners and their unique portfolios, while including their expansion strategies and portfolio.
High pressure pumps are widely used in automobile, textile, food and chemical industry. Rapid growth in these industries is projected to upsurge the demand of high pressure pumps in the near future. High pressure pumps are designed to withstand pressure greater than the normal pressure. The selection of the pump depends on the available space, type of liquid to be pumped and its volatility and the limit up-to which the liquid may contains solids. In refineries, the pumps that meet the API (American Petroleum Institute) standards are preferred in order to cope up with high pressure and temperature. The materials used for the high pressure pumps vary from ductile cast iron to exotic materials like titanium and zirconium depending upon the application of the pump. The type of high pressure pump to be used depends upon the flammability, toxicity and corrosive or erosive nature of the liquid.
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Based on product type, dynamic high pressure pumps are expected to dominate the global high pressure pump market during the forecast period. However, positive displacement high pressure pumps are projected to witness significant growth in the near future. Dynamic high pressure pumps are widely used in the oil and gas industry for paint and rust removal from the metal parts, cleaning of heat exchanger and de-choking of tube, etc. Based on applications, manufacturing sector is expected to dominate the global high pressure pump market. Rapid increase in the manufacturing industries across the globe especially in Asia Pacific region is further expected to escalate the demand of high pressure pump.
High Pressure Pump Market: Dynamics
The increasing preference to green chemical industry is expected to upsurge the demand of high pressure pumps in the near future. Many industries use high pressure pumps for the treatment of water and waste water coupled with modern water hydraulic application in end-use industries such as mining, water treatment, and paper among others. This is expected to increase the adoption of high pressure pump over the forecast period. This is mainly attributed to applications of high pressure pumps in underground mining stations, descaling systems, water-jet cutting systems, pool oil water circulation and reverse osmosis for seawater among others in the aforementioned industries. Additionally, increasing manufacturing industries across the globe is expected to drive the growth of the global high pressure pump market during the forecast period.
One of the major factors restricting the growth of the global high pressure pump market is the slowdown in the oil & gas industry.
High Pressure Pump Market: Segmentation
The global high pressure pump market can be segmented on the basis of product type, pressure and end user. On the basis of product type the market can be segmented into, dynamic and positive displacement. On the basis of pressure, the global high pressure pump market can be segmented into 30 bar – 100 bar, 101 bar – 500 bar and 501 bar and above. On the basis of application, the market can be further segmented into oil & gas, chemical, pharmaceuticals, power generation and manufacturing industries.
High Pressure Pump Market: Region Wise Outlook
Based on regions, Asia Pacific is expected to dominate the global high pressure pump market during the forecast period. The rapid growth of manufacturing and other sectors in countries such as China and India in Asia Pacific region is expected to upsurge the demand of high pressure pumps in the near future. North America region is expected to witness significant growth during the forecast period. Increase in pharmaceuticals and food industry in North America is expected to upsurge the demand of high pressure pump in the near future. Europe and Latin America are projected to witness promising growth in high pressure pump market during the forecast period.
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High Pressure Pump Market: Market Participants
Examples of some of the prominent players identified in the global high pressure pump market are as mentioned below:
- ANDRITZ AG
- GEA Group
- Danfoss A/S
- The Weir Group PLC
- Maximator GmbH
- Hammelmann GmbH
- Sulzer Ltd.
- KSB Aktiengesellschaft
- Cat Pumps
- The Mcfarland Group
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint