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Canned Motor Pumps Market Size and Future Growth Prospects to 2028 - Curtiss-Wright, Hayward Tyler, Nikkiso Co., OPTIMEX and Shanghai East Pump (Group) and Teikoku Electric MFG Co., Ltd.

09-03-2021 03:00 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Canned Motor Pumps Market

Canned Motor Pumps Market

A canned motor pump is a seal-less pump. It is a centrifugal pump with a hermetically sealed electric motor mounted on a single shaft, thereby eliminating the sealing device requirement. The canned motor pump is widely used to pump toxic, explosive, hazardous, and supercritical fluids. Thus, a canned motor pump is an ideal solution for circulation and transfer tasks in the chemical industry, which anticipates the canned motor pumps market growth during the forecast period.

Worldwide Canned Motor Pumps Market Analysis to 2028 is a specialized and in-depth study of the Canned Motor Pumps Industry with a focus on the global market trend. The report aims to provide an overview of global Canned Motor Pumps Market with detailed market segmentation by product/application and geography. The global Canned Motor Pumps Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Canned Motor Pumps players and offers key trends and opportunities in the market.

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The various benefits of canned motor pumps include reliability, low vibration, high serviceability, cost-efficiency, high-pressure & high-temperature characteristic, and the ability to handle toxic and corrosive fluids without any possibility of emissions into the environment. This factor is likely to propel the growth of the canned motor pumps market. Moreover, increasing industrialization coupled with the wide range of application of this pump in the chemical, petrochemical, oil & gas, and pharmaceutical industries to process highly volatile fluids such as LNG, LPG, Liquid Ammonia and refrigerants, etc. are expected to boom the canned motor pumps market growth.

Top Dominating Key Players:

1. Curtiss-Wright Corporation
2. Hayward Tyler Ltd.
3. HERMETIC-Pumpen GmbH
4. Kirloskar Brothers Limited
5. KSB SE and Co. KGaA
6. Nikkiso Co., Ltd.
7. OPTIMEX
8. Shanghai East Pump (Group) Co.,Ltd
9. Shimge Pump Industry Group Co., Ltd.
10. Teikoku Electric MFG Co., Ltd.

Market Segmentation :

The global canned motor pumps market is segmented on the basis of product, capacity, industry. On the basis of product the market is segmented as standard pumps, high temperature pumps, reverse circulation pumps, others. On the basis of capacity the market is segmented as low, medium, high. On the basis of industry the market is segmented as oil and gas, chemical, power, pharmaceutical, water and wastewater, food and beverages, others.

Key Benefits:

To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Canned Motor Pumps Market.

To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Canned Motor Pumps Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Canned Motor Pumps Market segments and regions.

Scope of the study:

The research on the Canned Motor Pumps Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Canned Motor Pumps Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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Reasons to Buy the Report:

Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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