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Circulator Pumps Market

Circulator Pumps Market

Circulator Pumps Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product Vertical Circulator Pump, Horizontal Circulator Pump
  • By Application Residential, Commercial, Industrial
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 19 billion
Revenue 2028Revenue 2028: 22 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 2.28%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Product Analysis: Preview

On the basis of Product, the market is segmented into Vertical Circulator Pump, Horizontal Circulator Pump. Horizontal Circulator Pump held the highest share in the global Circulator Pumps market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Application Analysis: Preview

Based on Application, the market is segmented into Residential, Commercial, Industrial,. Commercial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Circulator Pumps Market: Product Segment Analysis

    • Vertical Circulator Pump
    • Horizontal Circulator Pump

Global Circulator Pumps Market: Application Segment Analysis

    • Residential
    • Commercial
    • Industrial
Frequently Asked Question
  • The global Circulator Pumps valued at 19 billion in 2020 and is expected to reach 22 Billion in 2028 growing at a CAGR of 2.28%%.

  • The prominent players in the market are Pentair, Sulzer, Flowserve, Kaiquan, Allweiler, Xylem Inc., Taco, Liancheng Group, CNP, Grundfos, KSB, Shimge Pump Industry Group Co.Ltd, EBARA, Wilo..

  • The market is project to grow at a CAGR of 2.28%% between 2021 and 2028.

  • The driving factors of the Circulator Pumps include

    • The market is gaining unbelievable revenue because of its application in commercial and personal use thereby elevating the market growth.
    • The demand for hot water circulator pumps is increasing due to the residential purposeā€”the rising preference for hot water increases in the different countries which have cold weather is emerging as a strong factor for the market growth.

  • Asia Pacific was the leading regional segment of the Circulator Pumps in 2020.