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Water Pumps in Chemical Market report by MarkNtel Advisors u2013 Market Research Company, offers a comprehensive analysis of the size, share & growth of the market.
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Global Water Pumps in Chemical Market Research Report Forecast: (2025- 2030) Get a Free Sample of the Report
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Market Insights The Global Water Pumps in Chemical Industry size was valued at around USD 5.88 billion in 2024 and is projected to reach USD 6.88 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.06% during the forecast period, i.e., 2025-2030. The rise in the global chemical industry, and water treatment & wastewater management are some major growth factors driving this market. Also, fluid management for hazardous corrosive material and technological advancements in the field are further pushing the market demand. The growing demand for chemicals in various industries like; agriculture, pharmaceuticals, and petrochemicals is driving growth in the global chemical industry. This is further creating the need for efficient water pumps for chemical processing. For instance, in India itself, the chemical market stood at USD 220 billion in 2023 showing further growth. This creates heavy requirements for water pumps in chemical industries.
Market Driver Rising Demand in the Global Petrochemical Industry – For processing, transportation, and cooling processes in petrochemical plants high capacity pumps are required. Major expansions of the petrochemical industry can be seen in the Middle East & Africa region, followed by Asia-Pacific. This is directly proportional to the demand for water pumps for handling the massive volumes of water and chemicals involved in processing. For instance, China’s multiple investments in the Yangtze River Economic Belt which has around 20,000 petrochemical facilities. Petrochemicals produce highly corrosive liquids that too under high-pressure environments. It requires durable and high-performance water pumps to ensure safe operations which further derives the market. For instance, the AHLSTAR pump series introduced by Sulzer Ltd. can easily handle the requirements of the petrochemical industry as they are built to resist corrosive and abrasive substances. Various investments made by Saudi Aramco in various new petrochemical complexes in Saudi Arabia and other Gulf countries increase the demand for these kinds of pumps.
Market Segments • By Type: (Centrifugal Pump, [Overhung Pumps, Split Case Pumps, Vertical Pumps, Submersible Pumps], Positive Displacement Pump), • By End-User: (Petrochemicals, Agrochemicals Pharmaceuticals Specialty Chemicals
Top Companies Grundfos, Sulzer Ltd., Xylem Inc., Flowserve Corporation, KSB SE & Co. KGaA, Weir Group, Wilo SE, Pentair PLC, ITT Inc., Torishima Pump MFG. Co. LTD., PSG Dover and Others
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