Centrifugal Pump Market (Updated Version Available)

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 report offers detailed coverage of Centrifugal Pump industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Centrifugal Pump by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Centrifugal Pump market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Centrifugal Pump market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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

At the same time, we classify Centrifugal Pump according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Axial Flow Pumps
Mixed/Radial Flow Pumps
Peripheral Pumps
Jet Pumps
Market by Application
Domestic water and wastewater
Petroleum industry
Chemical industry
Food and beverage
Mining industry
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Centrifugal Pump market for the forecast period 2021 - 2025?
• What are the driving forces in the Centrifugal Pump market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Centrifugal Pump industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?