PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1084945
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1084945
A pump is a mechanical device that moves fluids by mechanical action. Centrifugal pump is a mechanical device that is used for transportation of liquid of various types including water, oil, wastewater, etc. Centrifugal pumps find applications in agricultural and domestic purposes. Immersible pumps are a type of centrifugal pumps and a subset of submersible pumps, which are deployed in extreme pumping applications related to wastewater and effluent treatment. However, submersible type pumps have a predominant market share compared to immersible pumps in terms of application by wastewater treatment. Furthermore, positive displacement pump refers to a mechanical device that is used for transportation of fluid, with definite volume of fluid being transferred in each cycle of pump. It is typically used for extensive range of application such as oil & gas, chemical, and food & beverages sector.
Constant demand from oil & gas and mining industries is expected to drive growth of the North & Latin America water pumps market and 2. Stringent energy and environment regulatory policies and legislation the major factors that are expected to propel the North & Latin America water pumps market growth.
However, significant drop in capital expenditure across industrial sectors is expected to restrain growth of the North & Latin America water pumps market during the forecast period
This report segments the North & Latin America water pumps market on the basis of product type, application, and capacity. On the basis of product type, the North & Latin America water pumps market is segmented into centrifugal pump and positive displacement pump. On the basis of application, the market is segmented into centrifugal pump application and positive displacement pump application. The centrifugal pump application is further segmented into Domestic, Water Treatment (Industrial, commercial), Agriculture & Irrigation, Mining, Wastewater Treatment (E.T.P., S.T.P.), Oil & Gas, and Other Industrial. Also, the positive displacement pump application is further segmented into Chemical, Water & Wastewater, Power, Pulp & Paper, Oil & Gas, and Others. On the basis of capacity, the market is segmented into transportation & small, medium, and high.
Market Taxonomy:
Centrifugal Pump
Positive Displacement Pump