The Latin America, Middle East and Africa Centrifugal Pump Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030).
The demand for oil and gas is anticipated to rule the market over the anticipated period. The foundation of human civilization is made up of minerals obtained through mining. These minerals are extensively employed in numerous sectors of the economy, including manufacturing, energy production, chemicals and petrochemicals, medical and pharmaceuticals, and building.
Copper, iron ore, gold, coal, and aluminum are some of the minerals that are currently most frequently mined. Transporting ore as well as waste in suspension and slurries, separating minerals using chemical processes, regulating temperature with cooling mechanisms around power generators, suppressing dust during mineral processing, and dewatering mines are just a few mining operations that require a significant amount of water. In these applications, centrifugal pumps are essential. Additionally, it is anticipated that during the projection period, there will be a considerable increase in the demand for minerals due to the rate of industrialization, urbanization, and rising energy needs. This will promote the use of centrifugal pumps and propel the market's expansion.
In the year preceding the pandemic, significant imports of centrifugal pumps were seen in Iraq, Kuwait, Oman, UAE, Bahrain, and Qatar. As a result of the region's extensive oil reserves and refineries, centrifugal pumps are in high demand. A constant increase in investment has been noted in this region, and new projects have been implemented to increase upstream output and downstream processing. As a result, the Middle East was home to around 49% of the world's estimated oil reserves and 40% of its known gas reserves. With 16.2% of the world's total oil reserves, Saudi Arabia possesses the most. However, Iran has the greatest gas reserves (17.3%). Hence, these industries increase the demand and thus boost the regional market's growth.
The Brazil market dominated the LAMEA Centrifugal Pump Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,057.4 million by 2030. The Argentina market is exhibiting a CAGR of 8.9% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 4 LAMEA Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 5 LAMEA Single Stage Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Single Stage Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Multi Stage Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Multi Stage Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 10 LAMEA Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 11 LAMEA Overhung Impeller Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Overhung Impeller Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Between Bearing Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Between Bearing Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Vertically Suspended Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Vertically Suspended Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 18 LAMEA Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 19 LAMEA Electrical Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Electrical Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Hydraulic Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Hydraulic Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Air-driven Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Air-driven Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 26 LAMEA Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 27 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 30 LAMEA Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 31 LAMEA Water & Wastewater Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Water & Wastewater Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Mining & Metal Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Mining & Metal Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 45 LAMEA Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 48 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 49 LAMEA Commercial & Residential Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Commercial & Residential Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Centrifugal Pump Market by Country, 2019 - 2022, USD Million
TABLE 52 LAMEA Centrifugal Pump Market by Country, 2023 - 2030, USD Million
TABLE 53 Brazil Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 54 Brazil Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 55 Brazil Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 56 Brazil Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 57 Brazil Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 58 Brazil Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 59 Brazil Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 60 Brazil Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 61 Brazil Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 62 Brazil Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 63 Brazil Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 64 Brazil Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 65 Argentina Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 66 Argentina Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 67 Argentina Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 68 Argentina Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 69 Argentina Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 70 Argentina Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 71 Argentina Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 72 Argentina Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 73 Argentina Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 74 Argentina Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 75 Argentina Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 76 Argentina Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 77 UAE Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 78 UAE Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 79 UAE Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 80 UAE Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 81 UAE Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 82 UAE Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 83 UAE Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 84 UAE Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 85 UAE Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 86 UAE Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 87 UAE Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 88 UAE Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 89 Saudi Arabia Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 92 Saudi Arabia Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 93 Saudi Arabia Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 94 Saudi Arabia Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 95 Saudi Arabia Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 96 Saudi Arabia Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 97 Saudi Arabia Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 98 Saudi Arabia Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 99 Saudi Arabia Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 100 Saudi Arabia Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 101 South Africa Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 102 South Africa Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 103 South Africa Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 104 South Africa Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 105 South Africa Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 106 South Africa Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 107 South Africa Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 108 South Africa Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 109 South Africa Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 110 South Africa Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 111 South Africa Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 112 South Africa Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 113 Nigeria Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 114 Nigeria Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 115 Nigeria Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 116 Nigeria Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 117 Nigeria Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 118 Nigeria Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 119 Nigeria Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 120 Nigeria Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 121 Nigeria Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 122 Nigeria Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 123 Nigeria Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 124 Nigeria Centrifugal Pump Market by Industrial Type, 2023 - 2030, USD Million
TABLE 125 Rest of LAMEA Centrifugal Pump Market, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Centrifugal Pump Market, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Centrifugal Pump Market by Stage, 2019 - 2022, USD Million
TABLE 128 Rest of LAMEA Centrifugal Pump Market by Stage, 2023 - 2030, USD Million
TABLE 129 Rest of LAMEA Centrifugal Pump Market by Type, 2019 - 2022, USD Million
TABLE 130 Rest of LAMEA Centrifugal Pump Market by Type, 2023 - 2030, USD Million
TABLE 131 Rest of LAMEA Centrifugal Pump Market by Operation Type, 2019 - 2022, USD Million
TABLE 132 Rest of LAMEA Centrifugal Pump Market by Operation Type, 2023 - 2030, USD Million
TABLE 133 Rest of LAMEA Centrifugal Pump Market by End User, 2019 - 2022, USD Million
TABLE 134 Rest of LAMEA Centrifugal Pump Market by End User, 2023 - 2030, USD Million
TABLE 135 Rest of LAMEA Centrifugal Pump Market by Industrial Type, 2019 - 2022, USD Million
TABLE 136 Rest of LAMEA 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 LAMEA Centrifugal Pump Market share by Stage, 2022
FIG 3 LAMEA Centrifugal Pump Market share by Stage, 2030
FIG 4 LAMEA Centrifugal Pump Market by Stage, 2019 - 2030, USD Million
FIG 5 LAMEA Centrifugal Pump Market share by Type, 2022
FIG 6 LAMEA Centrifugal Pump Market share by Type, 2030
FIG 7 LAMEA Centrifugal Pump Market by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Centrifugal Pump Market share by Operation Type, 2022
FIG 9 LAMEA Centrifugal Pump Market share by Operation Type, 2030
FIG 10 LAMEA Centrifugal Pump Market by Operation Type, 2019 - 2030, USD Million
FIG 11 LAMEA Centrifugal Pump Market share by End User, 2022
FIG 12 LAMEA Centrifugal Pump Market share by End User, 2030
FIG 13 LAMEA Centrifugal Pump Market by End User, 2019 - 2030, USD Million
FIG 14 LAMEA Centrifugal Pump Market share by Country, 2022
FIG 15 LAMEA Centrifugal Pump Market share by Country, 2030
FIG 16 LAMEA 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