Water Pumps in Chemical Market Size, Share & Forecast Analysis to 2030
Future Global Water Pumps in Chemical Market: Key Dynamics, Size & Share Analysis
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.
Top Driver Impacting the Global Water Pumps in Chemical Market Growth
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.
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Understanding the Core Segments in the Water Pumps in Chemical
Water Pumps in Chemical Size, Share & Industry Trends Analysis - By Type (Centrifugal Pump, [Overhung Pumps, Split Case Pumps, Vertical Pumps, Submersible Pumps], Positive Displacement Pump), By End-User (Petrochemicals, Agrochemicals Pharmaceuticals Specialty Chemicals) and Others
Geographical Analysis of the Water Pumps in Chemical
-By Region
- Asia-Pacific
- North America
- South America
- Europe
- The Middle East & Africa
Asia-Pacific region has the largest share of approx. 50% in the Global Water Pumps in the Chemical Industry.
Who Dominates the Water Pumps in Chemical Insights on Key Industry Players?
Companies are strengthening their presence in the Water Pumps in Chemical by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services
- 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
- Others
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