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Gear Pump Market Is Expected To Grow Owing To Its Usage In Chemical Processing, Primary Metals, Oil & Gas Industries Till 2021 | Million Insights
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The gear pump can be singly or doubly configured with the down helical and the herring bone gears that are relatively smooth. This pump allows the run to pressure beyond 3,000 PSI/200 BARS. Plus, it is having a close tolerance and shaft support on each side of the gears. Gear Pump Market is segmented, By Applications into Agricultural Industry, Oil and gas, Automotive, Mining Industry, Construction, Chemical processing industry, and others.The construction industry is expanding and serving as a main driver for the growth of the gear pump market. There is an extensive application regarding the construction equipment in the operations such as excavation, lifting, material handling, earth moving, which is expected to drive the high growth share in future. This segment is growing high due to the high use of the gear pumps.
Gear Pumps Market is segmented, By Geographical Region into the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.The U.S. is expected to contribute for the highest revenue in the years to come.
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The U.S. is the major exporter of the machinery and the equipment. Due to several flourishing verticals in the U.S. including construction, farm oil, gas, mining handling, engines, refrigerating, pumps, heating system, industrial equipment, manufacturing machinery, etc.; the demand for gear pumps in this region is expected to rise exponentially.
Gear Pumps Market Key Players include Bosch Rexroth, Parker, Weichai, Gardner Denver Company, Casappa, Tuthill Pump, RoverPompe, Dantal Hydraulics, Northern Pump, BSM Pump, Geartek, HONOR GEAR PUMPS, Yuken, Viking Pump, Kawasaki, Cat Pumps, Eaton, Liquiflo, Roper Pumps, Commercial Shearing, Hayward Tyler, Haight, Moog, ASADA and Linde Hydraulics.
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/machinery-and-machine-parts
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