Centrifugal pumps are a sub-class of dynamic axisymmetric work-absorbing turbo machinery. Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from where it exits. Common uses include water, sewage, petroleum and petrochemical pumping.
China is the dominate producer of centrifugal pump, the production was 89199 K Unit in 2015, accounting for about 58.19% of the total amount, followed by Europe, with the production market share of 17.94%. And China expected to remain the regions with the largest growth potential in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
At present, in the foreign industrial developed countries the centrifugal pump industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Europe and North America, etc. accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese centrifugal pump production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
The industrial concentration of the whole industry is generally lower. Manufacturers are distributed around the world. Leading players in centrifugal pump industry are Grundfos, KSB, Sulzer, Ebara. Grundfos is the largest manufacturer, with the production market share of 2.59% in 2015. The top four companies occupied about 7.56% production share of the market in 2015.
Domestic water and wastewater accounted for the largest market with about 36.10% of the global consumption volume for centrifugal pump in 2015. Moreover, it is anticipated to grow at a CAGR of 2.94% from 2017 to 2022. With over 27.79% share in the centrifugal pump market, petroleum industry was the second largest application market in 2015, and is anticipated to grow at a CAGR of 4.69%, in terms of consumption volume, from 2017 to 2022.
Under the influence of raw material, market competitions and economic conditions, the price of centrifugal pump was lower year by year from 195 USD/Unit in 2011 to 180 USD/Unit in 2015. The profit margin is relatively high, about 33.51% in 2015, and was also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
The Centrifugal Pump market was valued at 28800 Million US$ in 2018 and is projected to reach 34900 Million US$ by 2025, at a CAGR of 2.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Centrifugal Pump.
This report presents the worldwide Centrifugal Pump market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Grundfos
Flowserve
ITT
KSB
Sulzer
Ebara
Schlumberger
Weir Group
Wilo AG
Idex
Pentair
Clyde Union
Vano
Atlas Copco
DAB
FNS Pumps
Allweiler
Shanghai Kaiquan
FengQiu
Shandong Sure Boshan
LEO
CNP
Sanlian Pump Group
Hunan Changbeng
Shanghai East Pump
Shandong Shuanglun
Centrifugal Pump Breakdown Data by Type
Axial Flow Pumps
Mixed/Radial Flow Pumps
Peripheral Pumps
Jet Pumps
Centrifugal Pump Breakdown Data by Application
Domestic water and wastewater
Petroleum industry
Chemical industry
Food and beverage
Mining industry
Others
Centrifugal Pump Production by Region
United States
Europe
China
Japan
Other Regions
Centrifugal Pump Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Centrifugal Pump status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Centrifugal Pump manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Centrifugal Pump :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Centrifugal Pump market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Centrifugal Pump . Industry analysis & Market Report on Centrifugal Pump is a syndicated market report, published as Global Centrifugal Pump Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Centrifugal Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.