Centrifugal Pump Market by Type (Overhung Impeller, Vertically Suspended, and between Bearing), Stage (Single Stage, Multistage), End-User (Water & Wastewater, Chemicals, Oil & Gas, Power, Commercial & Residential) & Region - Global Forecast to 2022

  • ID: 4462062
  • Report
  • Region: Global
  • 150 Pages
  • Markets and Markets
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The Centrifugal Pump Market is Projected to Grow from An Estimated USD 30.65 Billion in 2017 to USD 36.98 Billion By 2022, at a CAGR of 3.83%, from 2017 to 2022.

FEATURED COMPANIES

  • Benchmarking
  • Ebara Corporation
  • Flowserve Corporation
  • Grundfos Holding
  • ITT Corporation
  • KSB AG
  • MORE

“The centrifugal pump market is projected to grow at a CAGR of 3.83%, from 2017 to 2022.”

Increasing investments in modernizing water and wastewater infrastructure, infrastructure development, and power generation in emerging economies and the growth of industries such as chemicals and manufacturing is driving the market for centrifugal pumps across the world.

“The industrial segment is expected to hold the largest share of the centrifugal pump market, by end-user, during the forecast period.

The industrial segment of the global centrifugal pump market is expected to grow at a fast pace during the forecast period. This can be attributed to rapid growth in industrialization and urbanization across the world. Use of centrifugal pumps in industries such as water and wastewater, oil & gas, process industries, chemicals, and mining is increasing due to their high efficiency, wide capacity range, flow rate, and ease of operation and maintenance.

“Asia Pacific: The largest market for centrifugal pumps.”

Asia Pacific is the largest market for centrifugal pumps, followed by Europe and North America. While China will continue to drive demand, growing industrial demand and increasing investments in infrastructure development in emerging economies such as India, Thailand, and Malaysia are expected to boost the demand for centrifugal pumps. Furthermore, rising standards of living and growing urbanization, along with the rising demand for proper sanitation are driving the centrifugal pump market in Asia Pacific.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 55%, Tier 2- 25%, Tier 3- 20%
  • By Designation: C-Level- 35%, D-Level- 30%, Others- 35%
  • By Region: North America-  15%, Europe- 20%, Asia Pacific- 25%, South America- 10%, Middle East- 25%, and Africa- 5%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = <USD 1 billion
The leading players in the centrifugal pump market are ITT (US), KSB (Switzerland), Flowserve (US), Sulzer (Switzerland), and Ebara (Japan).

Research Coverage:

The report provides a picture of the centrifugal pump market across the pump industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, stage, end-user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of type, end-user, stage, and region, with a focus on industry analysis (industry trends), market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the centrifugal pump market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the centrifugal pump market
  • Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for centrifugal pumps across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global centrifugal pump market

Why Buy this Report?

1. The report identifies and addresses key markets for the implementation of centrifugal pumps in various industries, which would help manufacturers review the growth in demand.

2. The report helps solutions providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.

3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Benchmarking
  • Ebara Corporation
  • Flowserve Corporation
  • Grundfos Holding
  • ITT Corporation
  • KSB AG
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Centrifugal Pump Market
4.2 Centrifugal Pump Market, By Country
4.3 Centrifugal Pump Market, By Type
4.4 Centrifugal Pump Market, By Stage
4.5 Centrifugal Pump Market, By End-User
4.6 Asia Pacific Centrifugal Pump Market, By Country and Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand From Water and Wastewater and Infrastructure Industry in Asia Pacific
5.2.1.2 Investments in Non-Oil Sector in the Middle East
5.2.2 Restraints
5.2.2.1 Stagnancy in Oil & Gas Industry
5.2.2.2 Cavitation Effect in Centrifugal Pumps
5.2.3 Opportunities
5.2.3.1 Increasing Investments in Wastewater Treatment Plants in Developing Countries
5.2.4 Challenges
5.2.4.1 Availability of Low Cost and Inferior Quality Pump Products

6 Centrifugal Pump Market, By Type
6.1 Introduction
6.2 Overhung Impeller
6.3 Vertically Suspended
6.4 Between Bearing

7 Centrifugal Pump Market, By Stage
7.1 Introduction
7.2 Single Stage
7.3 Multistage

8 Centrifugal Pump Market, By End-User Industry
8.1 Introduction
8.2 Industrial
8.2.1 Water and Wastewater
8.2.2 Oil & Gas
8.2.3 Chemical
8.2.4 Power
8.2.5 Others
8.3 Commercial & Residential

9 Centrifugal Pump Market, By Region
9.1 Introduction
9.2 Asia Pacific
9.2.1 By Type
9.2.2 By Stage
9.2.3 By End-User
9.2.4 By Country
9.2.4.1 China
9.2.4.2 India
9.2.4.3 Japan
9.2.4.4 South Korea
9.2.4.5 Rest of Asia-Pacific
9.3 Europe
9.3.1 By Type
9.3.2 By Stage
9.3.3 By End-User
9.3.4 By Country
9.3.4.1 Germany
9.3.4.2 Russia
9.3.4.3 UK
9.3.4.4 Italy
9.3.4.5 Rest of Europe
9.4 North America
9.4.1 By Type
9.4.2 By Stage
9.4.3 By End-User
9.4.4 By Country
9.4.4.1 US
9.4.4.2 Canada
9.4.4.3 Mexico
9.5 Middle East
9.5.1 By Type
9.5.2 By Stage
9.5.3 By End-User
9.5.4 By Country
9.5.4.1 Saudi Arabia
9.5.4.2 UAE
9.5.4.3 Iran
9.5.4.4 Qatar
9.5.4.5 Rest of the Middle East
9.6 South America
9.6.1 By Type
9.6.2 By Stage
9.6.3 By End-User
9.6.4 By Country
9.6.4.1 Brazil
9.6.4.2 Argentina
9.6.4.3 Rest of South America
9.7 Africa
9.7.1 By Type
9.7.2 By Stage
9.7.3 By End-User
9.7.4 By Country
9.7.4.1 South Africa
9.7.4.2 Nigeria
9.7.4.3 Rest of Africa

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Players, 2016
10.3 Competitive Scenario
10.3.1 Contracts & Agreements
10.3.2 Expansions & Investments
10.3.3 New Product Launches
10.3.4 Mergers & Acquisitions
10.3.5 Others

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, MnM View)*
11.1 Benchmarking
11.2 Grundfos Holding
11.3 Flowserve Corporation
11.4 ITT Corporation
11.5 KSB AG
11.6 Wilo SE
11.7 Circor International, Inc.
11.8 Ebara Corporation
11.9 Weir
11.10 Sulzer
11.11 Baker Hughes (A GE Company)
11.12 Pentair
11.13 Someflu
*Details on Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables
Table 1 Global Centrifugal Pump Market Snapshot
Table 2 Centrifugal Pump Market Size, By Type, 2017-2022 (USD Billion)
Table 3 Overhung Impeller: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 4 Vertically Suspended: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 5 Between Bearing: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 6 Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Billion)
Table 7 Single Stage: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 8 Multistage: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 9 Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Billion)
Table 10 Industrial: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 11 Industrial: Centrifugal Pump Market Size, By Application, 2015-2022 (USD Billion)
Table 12 Water and Wastewater: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Million)
Table 13 Oil & Gas: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Million)
Table 14 Chemical: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Million)
Table 15 Power: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Million)
Table 16 Others: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Million)
Table 17 Commerical & Residential: Centrifugal Pump Market Size, By Region, 2015-2022 (USD Million)
Table 18 Centrifugal Pump Market Size, By Region, 2015-2022 (USD Billion)
Table 19 Asia Pacific: Centrifugal Pump Market Size, By Type, 2015-2022 (USD Billion)
Table 20 Asia Pacific: Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Billion)
Table 21 Asia Pacific: Centrifugal Pump Market Size, By End User, 2015-2022 (USD Billion)
Table 22 Asia Pacific: Centrifugal Pump Market Size, By Country, 2015-2022 (USD Billion)
Table 23 China: Centrifugal Pump Market Size, By End User, 2015-2022 (USD Million)
Table 24 India: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 25 Japan: Centrifugal Market Size, By End-User, 2015-2022 (USD Million)
Table 26 South Korea: Centrifugal Market Size, By End-User, 2015-2022 (USD Million)
Table 27 Rest of Asia Pacific: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 28 Key Water & Wastewater Projects in Europe, 2016-2017
Table 29 Europe: Centrifugal Pump Market Size, By Type, 2015-2022 (USD Billion)
Table 30 Europe: Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Billion)
Table 31 Europe: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 32 Europe: Centrifugal Pump Market Size, By Country, 2015-2022 (USD Billion)
Table 33 Germany: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 34 Russia: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 35 UK: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 36 Italy: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 37 Rest of Europe: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 38 North America: Centrifugal Pump Market Size, By Type, 2015-2022 (USD Billion)
Table 39 North America: Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Billion)
Table 40 North America: Centrifugal Pump Market Size, By End User, 2015-2022, (USD Billion)
Table 41 North America: Centrifugal Pump Market Size, By Country, 2015-2022 (USD Billion)
Table 42 US: Centrifugal Pump Size, By End-User, 2015-2022 (USD Million)
Table 43 Canada: Centrifugal Pump Size, By End-User, 2015-2022 (USD Million)
Table 44 Mexico: Centrifugal Pump Size, By End-User, 2015-2022 (USD Million)
Table 45 Middle East: Centrifugal Pump Market Size, By Type, 2015-2022 (USD Billion)
Table 46 Middle East: Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Billion)
Table 47 Middle East: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Billion)
Table 48 Middle East: Centrifugal Pump Market Size, By Country, 2015-2022 (USD Billion)
Table 49 Saudi Arabia: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 50 UAE: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 51 Iran: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 52 Qatar: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 53 Rest of the Middle East: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 54 South America: Centrifugal Pump Market Size, By Type, 2014-2021 (USD Million)
Table 55 South America: Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Billion)
Table 56 South America: Centrifugal Pump Market Size, By End User, 2015-2022 (USD Billion)
Table 57 South America: Centrifugal Market Size, By Country, 2015-2022 (USD Million)
Table 58 Brazil: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 59 Argentina: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 60 Rest of South America: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 61 Africa: Centrifugal Market Size, By Type, 2015-2022 (USD Million)
Table 62 Africa: Centrifugal Pump Market Size, By Stage, 2015-2022 (USD Million)
Table 63 Africa: Centrifugal Pump Market Size, By End User, 2015-2022 (USD Million)
Table 64 Africa: Centrifugal Pump Market Size, By Country, 2015-2022 (USD Million)
Table 65 South Africa: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 66 Nigeria: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 67 Rest of Africa: Centrifugal Pump Market Size, By End-User, 2015-2022 (USD Million)
Table 68 Ranking of Key Players, 2016
Table 69 Market Developments Between 2014 and 2017

List of Figures
Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Asia Pacific Held the Largest Share in the Centrifugal Pump Market in 2016
Figure 7 Industrial Segment is Expected to Dominate the Centrifugal Pump Market During the Forecast Period
Figure 8 Single Stage Segment is Expected to Be the Largest Market During 2017-2022
Figure 9 Overhung Impeller Segment is Expected to Dominate the Centrifugal Pump Market From 2017 to 2022
Figure 10 Growing Investment in Infrastructure Development and Increasing Demand From Water and Wastewater Industry are Driving the Centrifugal Pump Market
Figure 11 Centrifugal Pump Market in India is Expected to Grow at the Highest CAGR From 2017 to 2022
Figure 12 The Overhung Impeller Market is Estimated to Grow at the Highest Rate During the Forecast Period
Figure 13 Single Stage Segment is Estimated to Dominate the Centrifugal Pump Market in 2016
Figure 14 Industrial Segment is Expected to Lead the Centrifugal Pump Market, By End-User, During the Forecast Period
Figure 15 China Accounted for the Largest Share of the Asia Pacific Centrifugal Pump Market in 2016
Figure 16 Drivers, Restraints, Opportunities, Challenges
Figure 17 Asia Pacific: Population Without Access to Improved Water Sources (%), 2000 & 2015
Figure 18 GCC Non-Oil GDP Growth (Real, % Change), 2014-2016
Figure 19 Global Capex Spending of Public E&P Companies, 2010-2016
Figure 20 Capital Expenditure in Water & Wastewater Management, By Region (USD Billion)
Figure 21 The Overhung Impeller Segment is Estimated to Be the Largest Centrifugal Pump Market During the Forecast Period
Figure 22 Centrifugal Pump Market, By Stage, 2016
Figure 23 Industrial End-User Segment is Expected to Dominate the Centrifugal Pump Market in 2016
Figure 24 Regional Snapshot (2016): the Middle Eastern Region is Emerging as the New Hot Spot for the Centrifugal Pump Market
Figure 25 Asia Pacific: the Fastest Growing Centrifugal Pump Market, 2017-2022
Figure 26 Asia Pacific: Market Snapshot
Figure 27 Europe: Market Snapshot
Figure 28 Key Developments in the Centrifugal Pump Market, 2014-2017
Figure 29 Grundfos: Company Snapshot
Figure 30 Flowserve: Company Snapshot
Figure 31 ITT : Company Snapshot
Figure 32 KSB: Company Snapshot
Figure 33 Wilo: Company Snapshot
Figure 34 Circor: Company Snapshot
Figure 35 Ebara: Company Snapshot
Figure 36 Weir: Company Snapshot
Figure 37 Sulzer: Company Snapshot
Figure 38 Baker Hughes: Company Snapshot
Figure 39 Pentair: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Benchmarking
  • Ebara Corporation
  • Flowserve Corporation
  • Grundfos Holding
  • ITT Corporation
  • KSB AG
  • MORE

The centrifugal pump market is estimated to reach a market size of USD 30.65 Billion in 2017 and grow at a CAGR of 3.83%, from 2017 to 2022. Growing industrial demand accompanied by increasing investments in wastewater treatment plants in developing countries mainly in Asia Pacific and the Middle East are the key factors driving the centrifugal pump market during the forecast period.

The report segments the centrifugal pump market, on the basis of type, into overhung impeller, vertically suspended, and between bearings. The overhung impeller segment led the centrifugal pump market in 2016. Overhung impeller pumps are widely used in various applications including residential, commercial buildings, and industrial settings for light applications. They are also used in the power generation sector by various end-users due to their lower costs as compared to between bearing pumps.

The global centrifugal pump market, by stage, has been segmented into single stage and multistage, with the latter segment growing at a faster pace. Multistage pumps provide many key benefits as they are capable of operating in a wide range of flow/head scenarios. Driven by higher efficiency and increasing investments in the industrial sector, the number of multistage installations is expected to increase during the forecast period.

The report further segments the centrifugal pump market, by end-user, into industrial and commercial and residential. The industrial segment is expected to grow at the highest CAGR during the forecast period. The growing demand from the water and wastewater and agriculture sectors is driving the industrial segment, especially in countries such as India, Saudi Arabia, Thailand, Vietnam, Malaysia, and Nigeria. As centrifugal pumps are preferred for industrial operations, a rise in the demand from the industrial sector is expected to drive the growth of the global centrifugal pump market during the forecast period.

In this report, the centrifugal pump market has been analyzed with respect to 6 regions, namely, Asia Pacific, Europe, North America, South America, Middle East, and Africa. Asia Pacific is expected to dominate the centrifugal pump market during the forecast period due to increased investments in water and wastewater infrastructure in India and countries in South-East Asia and growing industrialization in the region. The figure below shows the projected market sizes of various regions with respective CAGRs for 2022.

Note: Product cover images may vary from those shown
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  • Baker Hughes (A GE Company)
  • Benchmarking
  • Circor International, Inc.
  • Ebara Corporation
  • Flowserve Corporation
  • Grundfos Holding
  • ITT Corporation
  • KSB AG
  • Pentair
  • Someflu
  • Sulzer
  • Weir
  • Wilo SE
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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