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A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Water and Wastewater Treatment Pump Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Water and Wastewater Treatment Pump Market Definition:
Water and wastewater treatment pumps play a critical role in ensuring the effective & efficient movement of fluids through various stages of water treatment & wastewater treatment processes. These pumps are specifically designed to handle the often complex & demanding requirements of treating water & wastewater, which could include the presence of solids, chemicals, varying viscosities, and other contaminants.
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Global Water and Wastewater Treatment Pump Market Insights:
The Global Water and Wastewater Treatment Pump Market is estimated to grow at a CAGR of around 5.6% during the forecast period, i.e., 2024-29.
Global Water and Wastewater Treatment Pump Market Challenge
Growing Inflation to Impact Operation Cost of Water and Wastewater Pumps – The rising inflation rates across the globe are hindering the market growth of the pump industry, including water & wastewater pumps. Annual global inflation, measured by the Consumer Price Index, surged to around 9.2% in 2022 from nearly 6.4% in 2021. More recently, though, it has been driven by a surge in energy and food prices, especially since the start of the war in Ukraine in 2022. This increased inflation has heightened raw material costs (copper, nickel, stainless steel), packaging, freight, and wages, amplifying production expenses for water and wastewater pumps.
This has hampered manufacturing speed & delivery timelines and caused backlogs for customer orders. Inflation has also resulted in increased logistics & transportation costs, leading to supply chain disruption for many manufacturers like Flowserve, Sulzer, etc. Therefore, the rising global inflation rates have had a detrimental impact on the Water and Wastewater Treatment Pump Market growth.
Furthermore, the consistent rise in the inflation rate in recent years, attributed to ongoing conflicts, supply disruptions in fossil fuel markets, and rising unemployment, would also impact market expansion.
Global Water and Wastewater Treatment Pump Market Leading Key Players:
Xylem, Grundfos Holding A/S, Ebara Corporation, Sulzer Ltd, Flowserve Corporation, KSB Limited, Wilo SE, Atlas Copco, Kirloskar Brothers Limited (KBL), Ruhrpumpen Group, Tsurumi Manufacturing Co., Ltd., Pentair, ITT Inc., LEWA GmbH, Torishima Pump MFG. Co. LTD., and Others
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Global Water and Wastewater Treatment Pump Market Segmentation:
Based on Type
– Split Case- Market Size & Forecast 2019-2029F, USD Million
– Vertical Multi Stage- Market Size & Forecast 2019-2029F, USD Million
– End Suction- Market Size & Forecast 2019-2029F, USD Million
– Sewage Pumps
– Others (Axial flow pump, Progressive cavity, etc.)- Market Size & Forecast 2019-2029F, USD Million
Based on Application
– Municipal Water- Market Size & Forecast 2019-2029F, USD Million
– Municipal Wastewater- Market Size & Forecast 2019-2029F, USD Million
– Oil & Gas- Market Size & Forecast 2019-2029F, USD Million
– Power- Market Size & Forecast 2019-2029F, USD Million
– Chemical & Petrochemicals- Market Size & Forecast 2019-2029F, USD Million
– Mining- Market Size & Forecast 2019-2029F, USD Million
– Food & Beverage- Market Size & Forecast 2019-2029F, USD Million
– Pharmaceuticals- Market Size & Forecast 2019-2029F, USD Million
– Others (Pulp & Paper, Textile etc.)- Market Size & Forecast 2019-2029F, USD Million
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Global Water and Wastewater Treatment Pump Market Geographical Analysis
By Region
– North America
– South America
– Europe
– The Middle East & Africa
– Asia-Pacific
Recent Development of Global Water and Wastewater Treatment Pump Market:
2023, Sulzer Pump Solutions Inc., announced its plans to expand operation in Pickens County, the US, with a total investment of around USD 5.3 million.
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About Us:
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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