This report provides exclusive insights into the COVID-19 impact on the High Pressure Pump Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the High Pressure Pump Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of High Pressure Pump Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on high
pressure pump market provides in-depth analysis of segments and sub-segments in
the global as well as regional high pressure pump market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional high pressure pump market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global high pressure pump market. According to the report, the
global high pressure pump market is projected to grow at a CAGR of 3.0% over
the forecast period of 2019-2025.
High pressure pump systems involve positive displacement pumping
technology, where the flow is direct correlates with the revolution of a pump
crankshaft. The output of the pump is determined by RPM, piston/plunger stroke
and cylinder bore. High pressure pumps are used in plants producing urea
fertilizers for farm products such as radishes and carrots, petrochemical
plants producing raw materials for plastics and synthetic fibers, and
desalination plants producing drinking water from seawater. Further, in Power
recovery turbines it is used. In these places, it is used to feed water and
chemical liquids to the pressurized environment.
Growing investments in the oil & gas sector in the Middle East
and Africa driving the high pressure pump market. In the oil & gas
industry, it is used for crude oil transportation. The high-pressure processes
in the oil and gas industry require special solutions for pump technology when
sensitive fluids are to be pumped. These can be abrasive, aggressive, hot,
cold, toxic, explosive and corrosive fluids. Further, industries use
high-pressure pumps for the treatment of water and wastewater coupled with
modern water hydraulic applications in end-use industries such as water
treatment and paper. This is providing a growing demand for the high pressure
pump market. Additionally, a rapidly growing manufacturing industry in North
America offers a growing demand for the market. The manufacturing sector in
this region accounts for 82% of the region’s economic output. However, a
slowdown in the oil & gas industry hampering the growth of the market.
Moreover, the rapidly growing wastewater treatment industry provides an immense
opportunity for the high pressure pump market.
The Asia-Pacific is the largest revenue making region for high
pressure pump market owing to excessive use of the high-pressure pump in
manufacturing industries such as automotive and steel among others. Further,
increasing the power generation capacity contribute to the growth of the
high-pressure pumps market in this region.
The report on global high pressure pump market covers segments
such as type, pressure, and end-user. On the basis of type, the sub-markets
include dynamic and positive displacement. On the basis of pressure, the
sub-markets include 0 bar-100 bar, and above 500 bar. On the basis of end-user,
the sub-markets include oil & gas, chemical & pharmaceuticals, and manufacturing,
The report provides profiles of the companies in the market such
as GEA Group, Grundfos, Weir Group, Sulzer Ltd, CAT Pumps, Danfoss Group,
Maximator GmbH, Comet S.P.A, and Teledyne Isco.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of high pressure pump
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.