Market Research Insights

San Francisco, 6 Dec 2021:   The Report  Industrial Pumps Market  Size, Share & Trends Analysis Report By Product (Centrifugal, Positive Displacement), By Application (Water & Wastewater, Construction), By Region, And Segment Forecasts, 2021 - 2028 The global industrial pumps market size is expected to reach USD 81.87 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.9% from 2021 to 2028. Rising product demand from the water and wastewater, oil and gas, and chemical industries on account of the rapid population growth and industrialization across the globe is anticipated to drive the market. Rapid technological advancements have resulted in augmenting the reliability of the pumps, enhancing basic process tasks, and providing a long-term reduction in everyday operating processes. These rising advancements have also resulted in the reduced energy consumption, enhanced pump performance, and reliability, thereby augmenti

San Francisco, 5 April 2019:  The Report  Industrial Pumps Market  Analysis By Product (Centrifugal, Reciprocating, Rotary, Diaphragm), By Application (Oil & Gas, Chemicals, Construction, Power, Water & Wastewater Treatment), By Region (North America, Europe), And Segment Forecasts, 2018 – 2025 The global Industrial Pumps Market is expected to reach USD 88.43 billion by 2025, according to a new report by Grand View Research, Inc. Increasing product energy use pumps for the extraction and transport of oil and natural gas is expected to have a positive impact on the market per the next nine years. High crude oil prices will fuel the energy sector's revenue, thereby resulting in more demand for the product. Government of India has passed Petroleum Chemicals Petrochemicals Investment Region (PCPIR) policy intended for promoting FDI investments in oil & gas sector. This regulatory move is expected to result in increasing production of petrochemicals and polymers in