Summary

Global Horizontal Multistage Pumps Market is expected to grow at a significant rate of around 3% during the forecast period. Horizontal Multistage Pumps are defined as centrifugal pumps containing two or more impellers. The Horizontal multistage centrifugal pumps are used for pressure boosting systems where there is a constant demand for pressure and flow including mining (mine dewatering), industrial, municipal, and agricultural (irrigation systems) applications. In addition, horizontal multistage pumps have compact designs, low noise, and long service life. They are easy to install and operate. In addition, horizontal multistage pumps are majorly used in various industries such as food and beverage; pharmaceutical and biotech applications; silky machines & silky polishers; air conditioning systems and cooling systems; HVAC systems; water treatment (water purification); chemical transfer application; environmental application; agricultural application; industrial cleaning; fertilizer metering system; heat pump system; and many others. Thus, due to its extensive use, its demand is increasing in the market across the globe.

Xylem; Sulzer Ltd; Flowserve Corporation; Grundfos Pumps India Private Ltd; The Weir Group PLC; Baker Hughes Company; HCP PUMP MANUFACTURER CO., LTD; Aquasub Engineering; Tsurumi Manufacturing Co., Ltd; NEW INDIA ELECTRICALS LTD are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
“Amongst end-user, the industrial category is expected to grow with a significant CAGR during the forecast period”
Based on end-user, the market is segmented into industrial, commercial, residential, and others. Based on what we have seen, the industrial category is expected to grow with a significant CAGR during the forecast period. This is mainly due to the growing demand for horizontal multistage pump mining, municipal operations, agricultural or irrigation sector, etc. Horizontal multistage pumps are being adopted due to the rising demand for water treatment globally as the need for clean water is also gradually increasing.

“APAC is anticipated to grow at a substantial CAGR during the forecast period”
In 2021, APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing urbanization and infrastructure modernization and is backed by growing disposable income and surging per capita spending of individuals in the region's emerging economies is driving the market's growth. Moreover, the increasing demand to treat wastewater is increasing the demand for pumps in the region. Additionally, the region has a large manufacturing sector that generates significant amounts of wastewater that can be treated before being discharged into the environment. The pumps are also used because they can handle high levels of pollutants and can be designed to withstand the corrosive or abrasive nature of certain industrial wastewater streams. Furthermore, the increasing emphasis on sustainability and energy efficiency has also contributed to the popularity of horizontal multistage pumps in the APAC region.

Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:
The global horizontal multistage pumps market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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