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Electric Piston Pump Market 2022 Developing Factors, Emerging Opportunities, Present and Future Trends, Innovation with Covid-19 Opportunity To 2027

12-21-2021 05:25 AM CET | Industry, Real Estate & Construction

Press release from: Market insights reports

The Global “Electric Piston Pump Market” report has an in-depth assessment of the current feature and key elements of a particular industry. The study takes into account the current state of the Electric Piston Pump market and its market dynamics for the period 2022-2027. It includes an in-depth assessment of various growth drivers, restraints, and market trends. The file contains the supply and demand components of the market. Profiles and studies the major and various essential companies operating in the market. The reports have been compiled using main and sub-research methods. These two methods are used to collaborate with accurate and meticulous data on market dynamics, historical events, and current market conditions. The report also includes a SWOT analysis that summarizes the strengths, weaknesses, opportunities, and threats that affect the segments of the overall market.

The Electric Piston Pump Market is expected to register a CAGR of 6.9% over the forecast period 2022 - 2027.

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Industry Top Key players are: Graco,Larius srl,TKK Corporation,Timmer GmbH,Blackhawk Technology Company,Hydrstar Fluid Company Limited,Goldspray,Interpump Group S.p.A.,Yangfan Hydraulic Machinery Manufacturing Co., Ltd.,Shenzhen Yanhua Faith Technology Co., Ltd.

Recent Developments

Baker Hughes GE and Houghton International signed a channel partner agreement in September 2020. The agreement is expected to allow Hayward Tyler to undertake distribution and upgrade services of centrifugal pump spare parts in the United Kingdom and Ireland.
In March 2020, GEA Group launched its range of hygienic centrifugal pumps in the United States with the slogan “Go West.”​ The GEA centrifugal pumps have a unique impeller design that allows easy cleaning and the capacity to handle a wide range of liquids.​ According to the company, the greatest immediate opportunity for the GEA centrifugal pump is in the dairy industry. ​
The oil and gas sector has hit hard with the global outbreak of COVID-19, and the oil prices reached negative terms for the first time in history in April 2020. This severely affected the market demand due to the delays and closure of several major projects globally.

Global Electric Piston Pump Market Segmentation:

Market segmentation by type:

2 Ball Piston Pump

4 Ball Piston Pump

Market segmentation by application:

Engineering & Agricultural Machinery

Industrial

Others

Investigators have observed strong growth in specific regions:

-North America (United States, Canada and Mexico)

-Europe (Germany, France, United Kingdom, Russia and Italy)

-Asia Pacific (China, Japan, South Korea, India and Southeast Asia)

-South America (Brazil, Argentina, etc.)

-Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Asia-Pacific to Dominate the Market
China is expected to account for the significant growth in crude oil refining capacity between 2019 and 2025 in Asia-Pacific (APAC). The country is expected to account for 26.8% of the total refining expansion capacity in the region by 2025.
Additionally, India’s refining capacity witnessed a CAGR of 3.36% between 2009-2010 and 2018-2019. As of August 2018, India Oil Corp., India’s largest refining company, had plans to increase its refining capacity from 80.7 million metric tons per annum to 150 million metric ton per annum by 2030. Additionally, projects worth INR 320 billion are in various stages of execution.
Southeast Asia is witnessing the commissioning of several refinery projects, including the expansion of existing ones and developing new ones to reduce the dependency on imports.
The oil and gas industries, apart from being a source for the majority of primary energy consumption, also aids in providing raw materials for various industries, such as petrochemical, solvents, and fertilizers. With the growing population and rapid urbanization, the demand for these is likely to increase, promulgating the refiners to set up new plants or undergo expansion.

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Electric Piston Pump reports require a comprehensive database of future market estimates based on historical data analysis. It enables customers to obtain quantitative data in order to understand current market conditions. This is a professional and detailed report that focuses on primary and secondary drivers, market share, leading market segments and regional analysis. This research report aims to deeply analyse the market performance, development and innovation of products, create profitable opportunities for industry participants and open up new market channels. MarketIntelligenceData internal analyst team has been monitoring the market for many years and has been conducting interviews with industry experts to better understand the future scenarios of the market.

Table of Contents Electric Piston Pump Market

- Chapter 1: Overview of Electric Piston Pump Market

- Chapter 2: Global Market Status and Forecast by Regions

- Chapter 3: Global Market Status and Forecast by Types

- Chapter 4: Global Market Status and Forecast by Downstream Industry

- Chapter 5: Market Driving Factor Analysis

- Chapter 6: Market Competition Status by Major Manufacturers

- Chapter 7: Major Manufacturers Introduction and Market Data

- Chapter 8: Upstream and Downstream Market Analysis

- Chapter 9: Cost and Gross Margin Analysis

- Chapter 10: Marketing Status Analysis

- Chapter 11: Market Report Conclusion

- Chapter 12: Research Methodology and Reference.

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Finally, Electric Piston Pump market reports are a reliable source of market research, which will enable your business to grow exponentially. The report gives the main areas, economic conditions, project value, benefits, quotas, power generation, supply, requirements, market development speed and figures, etc. Electric Piston Pump industry report adds new tasks SWOT review, speculative accessibility investigation, and risk return investigation

Impact of COVID-19 on Global Electric Piston Pump Market

The outbreak of COVID-19 has brought serious medical, social, and economic challenges. Owing to the increasing COVID-19 pandemic outbreak in various regions/countries, the global market in 2020 was observed to witness a decline due to the lockdowns in various countries, closure of the international borders, and delay in cross border transit that has led to supply chain hindrances. The social distancing and the other measures taken by the regional governments limit the number of people who can work together in small areas. Thus, the decline in 2020 in the provender additives market growth was mainly due to the major impact of the COVID-19 pandemic. Gradually, as the restrictions of the government measures are likely to relax, the market for additives would witness a slight increment in the upcoming years.

Customization of this Report

The Global Electric Piston Pump Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

Please contact our sales professional (sales@marketintelligencedata.com), we will ensure you obtain the report which works for your needs.

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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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