Industrial Water Pump Market – Global Opportunities & Forecast, 2020-2027 - Gurgaon

Tuesday, 6 October, 2020

Item details

City: Gurgaon, Haryana
Offer type: Offer

Contacts

Contact name Gmi Research

Item description

The major factors responsible for industrial pump market growth includes the growing adoption of these pumps across various end-use industries such as petrochemicals and chemicals. The growing demand for wastewater and water treatment, followed by the rapid expansion of the oil & gas industry driven by the rising population and industrial development, are certain factors propelling the growth of the industrial pumps market size during the forecast period.

The centrifugal pumps require less maintenance, have a lower price, and are used in high-flow, along with low head application with high viscosity fluids. Additionally, the increasing investment for building efficient water infrastructure facilities, especially in emerging economies worldwide, will positively influence the market. On the other edge of the spectrum, the requirement for consistent monitoring of the pumps and higher power needs will hamper the global industrial pumps market demand.

Visit: httpswww.gmiresearch.com/report/industrial-water-pump-market/