The Asia Pacific Centrifugal Pump Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030).
Simplicity is the main benefit of centrifugal pumps, as they do not require too much moving parts as well as valves. They are, therefore, simple to build using a variety of materials. This simplicity also allows the pumps to function at high speeds and require minimum maintenance and upkeep. Their output is quite reliable and steady. They are much smaller than other kinds of pumps that produce the same output. These benefits allow their easy installation in various industries.
It is projected that factors including a nation's high electricity demand, industrialization, and investments in renewable energy sources will increase the demand for pumps in the production of electricity. According to the International Energy Agency (IEA), the 6% increase in regional electricity demand last year was the greatest percentage increase since 2010 when the region was emerging from the financial meltdown. The January 2022 issue of the IEA's semi-annual Electricity Market Report states that the increase of more than 1,500 terawatt hours last year was the highest increase in absolute terms ever. In most areas, renewable energy-based electricity is currently the most affordable choice.
The nation has a proliferating chemical industry, with over 80,000 commercial products, India's chemical sector is extremely diverse. According to Invest India, till December 2022, there was about $ 20.96 billion in FDI in the Indian Chemicals sector (excluding fertilizers). In terms of the world's exports of chemicals, India is placed eleventh, but it holds the sixth spot in terms of the world's imports of chemicals (excluding pharmaceutical items). Due to the growing population and quickening urbanization, there is a daily rise in the demand for oil products, including heating oil, liquefied petroleum gas, and gasoline. Because of this, it is necessary to build new refineries to meet the demand that is now present. Similar developments across various industries in the regional nations are projected to fuel the growth of the Asia Pacific market throughout the forecast period.
The China market dominated the Asia Pacific Centrifugal Pump Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,495.7 million by 2030. The Japan market is experiencing a CAGR of 5.3% during (2023 - 2030). Additionally, The India market would register a CAGR of 6.6% during (2023 - 2030).
Based on Stage, the market is segmented into Single Stage and Multi Stage. Based on Type, the market is segmented into Overhung Impeller, Between Bearing and Vertically Suspended. Based on Operation Type, the market is segmented into Electrical, Hydraulic, and Air-driven. Based on End User, the market is segmented into Industrial (Water & Wastewater, Mining & Metal, Oil & Gas, Agriculture, Power Generation, Pharmaceuticals, Pulp & Paper, Chemicals and Others) and Commercial & Residential. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Centrifugal Pump Market is Projected to reach USD 55.2 Billion by 2030, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Flowserve Corporation, KSB SE & Co. KGaA, Xylem, Inc., Ebara Corporation, Baker Hughes Company, Kirloskar Brothers Limited (Kirloskar Group), The Weir Group PLC, Pentair PLC, Schlumberger N.V. and Alfa Laval AB.
Scope of the Study
Market Segments Covered in the Report:
By Stage
By Type
- Overhung Impeller
- Between Bearing
- Vertically Suspended
By Operation Type
- Electrical
- Hydraulic
- Air-driven
By End User
- Industrial
- Water & Wastewater
- Mining & Metal
- Oil & Gas
- Agriculture
- Power Generation
- Pharmaceuticals
- Pulp & Paper
- Chemicals
- Others
- Commercial & Residential
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Flowserve Corporation
- KSB SE & Co. KGaA
- Xylem, Inc.
- Ebara Corporation
- Baker Hughes Company
- Kirloskar Brothers Limited (Kirloskar Group)
- The Weir Group PLC
- Pentair PLC
- Schlumberger N.V.
- Alfa Laval AB
TABLE 1 Asia Pacific Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Single Stage Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Single Stage Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Multi Stage Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Multi Stage Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Overhung Impeller Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Overhung Impeller Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Between Bearing Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Between Bearing Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Vertically Suspended Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Vertically Suspended Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Electrical Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Electrical Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Hydraulic Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Hydraulic Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Air-driven Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Air-driven Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Industrial Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Water & Wastewater Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Water & Wastewater Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Mining & Metal Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Mining & Metal Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 49 Asia Pacific Commercial & Residential Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Commercial & Residential Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Centrifugal Pump Market by Country, 2019 - 2022, USD Million
TABLE 52 Asia Pacific Centrifugal Pump Market by Country, 2023 - 2030, USD Million
TABLE 53 China Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 54 China Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 55 China Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 56 China Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 57 China Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 58 China Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 59 China Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 60 China Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 61 China Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 62 China Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 63 China Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 64 China Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 65 Japan Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 66 Japan Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 67 Japan Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 68 Japan Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 69 Japan Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 70 Japan Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 71 Japan Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 72 Japan Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 73 Japan Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 74 Japan Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 75 Japan Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 76 Japan Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 77 India Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 78 India Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 79 India Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 80 India Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 81 India Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 82 India Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 83 India Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 84 India Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 85 India Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 86 India Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 87 India Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 88 India Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 89 South Korea Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 90 South Korea Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 91 South Korea Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 92 South Korea Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 93 South Korea Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 94 South Korea Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 95 South Korea Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 96 South Korea Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 97 South Korea Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 98 South Korea Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 99 South Korea Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 100 South Korea Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 101 Singapore Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 102 Singapore Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 103 Singapore Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 104 Singapore Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 105 Singapore Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 106 Singapore Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 107 Singapore Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 108 Singapore Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 109 Singapore Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 110 Singapore Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 111 Singapore Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 112 Singapore Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 113 Malaysia Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 114 Malaysia Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 115 Malaysia Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 116 Malaysia Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 117 Malaysia Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 118 Malaysia Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 119 Malaysia Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 120 Malaysia Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 121 Malaysia Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 122 Malaysia Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 123 Malaysia Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 124 Malaysia Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 125 Rest of Asia Pacific Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 128 Rest of Asia Pacific Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 129 Rest of Asia Pacific Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 130 Rest of Asia Pacific Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 131 Rest of Asia Pacific Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 132 Rest of Asia Pacific Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 133 Rest of Asia Pacific Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 134 Rest of Asia Pacific Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 135 Rest of Asia Pacific Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 136 Rest of Asia Pacific Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 137 Key Information – Ebara Corporation
TABLE 138 Key Information – Flowserve Corporation
TABLE 139 Key Information – KSB SE & Co. KGaA
TABLE 140 key information – Xylem, Inc.
TABLE 141 Key Information – Baker Hughes Company
TABLE 142 Key Information – Kirloskar Brothers Limited
TABLE 143 Key Information – The Weir Group PLC
TABLE 144 Key Information – Pentair PLC
TABLE 145 key information – Schlumberger N.V.
TABLE 146 Key Information – ALFA laval Ab
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Centrifugal Pump Market share by Stage, 2022
FIG 3 Asia Pacific Centrifugal Pump Market share by Stage, 2030
FIG 4 Asia Pacific Centrifugal Pump Market by Stage, 2019 - 2030, USD Million
FIG 5 Asia Pacific Centrifugal Pump Market share by Type, 2022
FIG 6 Asia Pacific Centrifugal Pump Market share by Type, 2030
FIG 7 Asia Pacific Centrifugal Pump Market by Type, 2019 - 2030, USD Million
FIG 8 Asia Pacific Centrifugal Pump Market share by Operation Type, 2022
FIG 9 Asia Pacific Centrifugal Pump Market share by Operation Type, 2030
FIG 10 Asia Pacific Centrifugal Pump Market by Operation Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Centrifugal Pump Market share by End User, 2022
FIG 12 Asia Pacific Centrifugal Pump Market share by End User, 2030
FIG 13 Asia Pacific Centrifugal Pump Market by End User, 2019 - 2030, USD Million
FIG 14 Asia Pacific Centrifugal Pump Market share by Country, 2022
FIG 15 Asia Pacific Centrifugal Pump Market share by Country, 2030
FIG 16 Asia Pacific Centrifugal Pump Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Ebara Corporation
FIG 18 Recent strategies and developments: Flowserve Corporation