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Axial Flow Pump Market Fueled By Growing Freshwater Needs: An Emerging Driver Transforming The Axial Flow Pump Market Landscape
Axial Flow Pump
What Is the Projected Growth of the Axial Flow Pump Market?
The Axial Flow Pump Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Axial Flow Pump Market?
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What Are the Different Axial Flow Pump Market Segments?
The axial flow pump market covered in this report is segmented -
1) By Product Type: Horizontal, Vertical
2) By Application: Water Treatment, Irrigation, Evaporators, Other Applications
3) By End-User: Chemical, Municipal, Pulp And Paper, Agriculture, Food And Beverage, Other End-Users
Subsegments:
1) By Horizontal Axial Flow Pumps: Single Stage, Multi-Stage
2) By Vertical Axial Flow Pumps: In-Line Vertical Pumps, Submersible Vertical Pumps
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What Are the Primary Drivers Shaping the Axial Flow Pump Market?
The increasing need for freshwater significantly influences the growth of the axial flow pump market in the future. These pumps, utilized in transporting large liquid volumes from freshwater sources such as rivers, lakes, and wells, serve primary purposes in treatment plants, irrigation, flood control, and drainage applications at high pressure. They can lift fluid across substantial vertical distances in a reduced timeframe by effectively mitigating turbulence. As per a 2023 report by the Guardian, a newspaper company based in the UK, the demand for freshwater is projected to exceed supply by 40% by 2030's end. Consequently, the escalating need for freshwater will continue to propel the axial flow pump market.
Which Companies Are Leading in the Axial Flow Pump Market?
Major companies operating in the axial flow pump market include Ebara Corporation, Flowserve Corporation, Grundfos Holding A/S, Hitachi Industrial Products Ltd., ITT Goulds Pumps, Pentair PLC, Sulzer Ltd., The Weir Group PLC, Xylem Inc., Franklin Electric Co. Inc., Kubota Group, Torishima Pump Manufacturing Co Ltd., Hayward Tyler, Peerless Pump Company, KSB SE & Co. KGaA, Sintech Precision Products Ltd., Moving Water Industries, Holland Pump Company, Patterson Pump Company, Emile Egger & Cie SA, Flowmore Limited, Huayang Intelligent Pumps, Ruthman Companies, Hebei Zidong Pump Industry Co.Ltd, Thomas & Associates, Brehnor Pumps (Pty) Ltd., PumpWrxs & Controls, JeffPro Fluid Solutions - Pumps and Packaged Pump Systems, Handol Pumps Limited, Shanghai Pacific Pump Manufacture (Group) Co.Ltd., Bellflo Engineering Corporation Pte. Ltd., Jiangsu Suhua Pump Co. Ltd., Liancheng Group
What Are the Major Trends Shaping the Axial Flow Pump Market?
The key emerging trend in the axial flow pump market is technological innovation. Major businesses in the axial flow pump industry are concentrating on the creation of innovative axial flow pumps with higher resistance to corrosion and increased durability. For example, in November 2023, Baker Hughes Company, a firm based in the US that focuses on axial flow pump and energy technologies, introduced the PythonPipe portfolio. This portfolio, which represents the latest evolution in reinforced thermoplastic pipe (RTP) technology, permits quicker installation, accelerated time to initial production, and decreased lifecycle emissions. The American Petroleum Institute 15s-certified PythonPipe portfolio comprises flexible and non-metallic RTP in various sizes, materials, and liner options, and provides up to a 60% reduction in installation time and is a fifth the cost of analogous steel installation. Along with efficiency, PythonPipe also prioritizes sustainability, boasting up to a 75% decrease in carbon emissions during its usage period, up to an 80% reduction in upkeep costs, and up to a 60% reduction in the labor force required.
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What Are the Top Revenue-Generating Geographies in the Axial Flow Pump Market?
Asia-Pacific was the largest region in the axial flow pump market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global axial flow pump market report during the forecast period. The regions covered in the axial flow pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Axial Flow Pump Market?
2. What is the CAGR expected in the Axial Flow Pump Market?
3. What Are the Key Innovations Transforming the Axial Flow Pump Industry?
4. Which Region Is Leading the Axial Flow Pump Market?
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