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Vacuum Pump Market: high scope of applications in Asia Pacific region due to rise in industrialization.

07-18-2016 10:23 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketIntelReports

Global Vacuum Pump Market 2016

Global Vacuum Pump Market 2016

Vacuum Pump Market is a growing market with various applications in industries. There are various types of vacuum pumps such as liquid ring pumps, turbomolecular pump etc. these pumps used vacuum pressure for its mechanism. The vacuum pump operation is to remove gas molecules from occupied volume and leaving partial vacuum.

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Scope and Regional Forecast of the Vacuum Pump Market:
North America is the prominent region in the Vacuum Pump Market with many industries utilizing the vacuum pumps for various applications in industries and medical equipment. This market is expected to witness high demand in the US owing to the high industrialization in the region. Europe is expected to witness stable growth in demand of vacuum pumps for industrial uses.
Asia Pacific is expected to witness maximum growth in the Vacuum Pump Market due to rise in industrialization and high population in the region. China is expected to emerge as the biggest supplier and manufacturer of the vacuum pumps with high supplies in upcoming term.
Vacuum Pump Market products are used in high scale in many industries to remove the unwanted gas molecules. Some of the applications of vacuum pump in various end user Industries are: composite plastic moulding processes, production of many types of electric lamps, vacuum tubes, CRT’s etc. there is high demand for the liquid ring vacuum pump in the market.

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Segmentation and Key Players of the Vacuum Pump Market:
The Vacuum Pump Market is segmented into various categories by product type, by application, by company and by region.
• By product type: cast iron, stainless steel and others
• By application: OEM, aftermarket
• By company: Shanghai Liancheng, WILO SE, GeLanFu, Shanghai
Kaiquan, EBARA, KSB, FLOWSERVE, IDEX, BinTeEr, SULZER, Tianjin
Shangbeng, ALLEGRA, ANHUI LVHUAN, Shanghai Pate, Shanghai
Chaole, Shandong Shuanglun, PEDROLLO, Shanghai Xiongmao,
Guangdong Foshan, Shanghai Dongfang, Shanghai Kaili, ITT,
Shanghai Tianquan, Shanghai Xijin and Botai
• By region: the USA, China, Germany, Swiss, Italy, Danish, France, UK
and others
The key players in the Vacuum Pump Market are as follows:
• WILO SE
• ALLEGRA
• ITT
• Shanghai Liancheng
• EBARA
The Vacuum Pump Market is a competitive market both on global level as well as among the regional level. Vacuum pumps have wide scale of applications in various end user industries, thus this market is profitable for investment and this market is expected to witness high growth in various industrial sectors in upcoming years.

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