Uploaded on Sep 15, 2020
Progressive Cavity Pump Market Size, Industry details
Global Progressive Cavity Pump Market Research Report Information
GLOBAL PROGRESSIVE CAVITY PUMP MARKET RESEARCH Forecast till 2025 REPORT INFORMATION INDUSTRY INSIGHT The Global Progressive Cavity Pump Market size 2020 is expanding ahead with a massive USD 4.29 Billion projects to score between 2019 and 2025. The net worth of the market is supposed to rise by 6.84% CAGR, claims Market Research Future, in its latest study. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/8607 SEGMENTATION OF MARKET: PROGRESSING CAVITY PUMPS The global progressive cavity pump market is further segmented among power ratings and end-user. Depending on the power rating segment, the global market has included up to 50 hp, 51-150 hp, and above 150 hp. Where up to 50 HP segment might hold the largest share owing to a surge in infrastructure development. Depending on the end-user segment, the global market has included water & wastewater, oil & gas, food & beverage, chemical & petrochemical, and more. Out of which, the water & wastewater segment is estimated to expand at the highest CAGR during the forecast period as increasing demand for freshwater, rise in the use of progressive cavity pumps in water treatment plants for polymers, sludge, and waste is doubled. REGION-WISE OUTLOOK Regionally, the Global Progressive Cavity Pump Market is studied for the regions of Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Among these, the market in North America leads in terms of market share due to a surge in the funds for water & wastewater and oil & gas industry in the US & Canada. In the case of point, in July 2019, Canada Infrastructure Bank (CIB) published an expenditure of USD 20 million in the Mapleton’s water and wastewater project. Also, in September 2019, the US Department of Agriculture (USDA) announced investing USD 144 million to improve rural water infrastructure in 25 states of the US. Such investments raised the demand for progressive cavity pump market in North America. Asia-Pacific region also leads the market growth across the globe in the year 2018, with most of the demand from China and India. This was owing to rising economies and a growing population. The Asia Pacific is at present the fastest- growing region, and this trend would be the same in the forecast period. TOP MARKET PLAYERS The global progressive cavity pump manufacturers include National Oilwell Varco (US), Halliburton (US), Dover (US), Schlumberger (US), Xylem (US), Weatherford (US), Netzsch (Germany), Circor International, Inc. (US), Seepex (US), PCM (US), Moyno (US), Synopumps (India), ITT (US) and Sydex (Italy). Browse Complete Flare Monitoring Market Research Report at: https://www.marketresearchfuture.com/reports/progressive-cavity-p ump-market-8607 ABOUT MARKET RESEARCH FUTURE: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact: Market Research Future +1 646 845 9312 Email: [email protected]
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