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, power generation.
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.
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