High Pressure Pump Industry 2023 Global Market Report Analysis and Forecast

The growth in the global high pressure pumps market is being driven by the growth in the manufacturing sector in South Asian countries and increasing investments in sectors other than oil and gas in Middle East and Africa (MEA). The manufacturing industries segment is expected to grow at a significant rate, during the forecast period.

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High pressure pumps are used in aerospace industry, petrochemical related fields, material testing, coating removal and cutting of materials. Oriented Strand Board (OSB) is used in building construction for roofs, sidewalls and flooring.

Asia-Pacific is expected to be the largest high pressure pumps market during the forecast period, owing to increasing use of  high pressure pumps in the manufacturing industries, including steel and automotive. 

Increasing fragmentation in the manufacturing of high pressure pumps is expected to act as a restraint for the global high pressure pumps market, leading to declining profits. High pressure pumps form a crucial part of the oil and gas sector; falling prices of crude oil has been hindering the growth of the global high pressure pumps market.

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Some of the key players in the global high pressure pumps market include Andritz, GEA Group, Grundfos, Sulzer Ltd., RB Wagner, Inc., URACA GmbH & Co. KG, KAMAT GmbH & Co KG and The Weir Group Plc.

Global Pressure Pumps Market Segmentation
By Type

• Dynamic
• Positive Displacement

By Pressure

• 30 Bar–100 Bar
• 101 Bar–500 Bar
• Above 500 Bar

By End-User

• Oil & Gas
• Power Generation
• Manufacturing Industries
• Chemicals
• Others

By Geography

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • Russia
  • Italy
  • The U.K.
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• South America
  • Brazil
  • Rest of South America
• Rest of the World

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Created on Apr 2nd 2018 06:39. Viewed 524 times.

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