Screw Pumps Market
Screw Pumps Market Global Industry Assessment & Forecast
Segments Covered
- By Type Progressive Cavity Pumps, Twin Screw Pumps, Triple Screw Pumps
- By Application Oil & Gas, Water Treatment, Food & Beverages, Power, Chemicals, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 4.6 Billion |
Revenue 2028: | 8.64 Billion |
Revenue CAGR (2021 - 2028): | 8.2 |
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
The report delivers an acute breakdown of the market based on various segments such as Type, Application and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Type, the market is divided into Progressive Cavity Pumps, Twin Screw Pumps, Triple Screw Pumps. Hot rolled Steel pipes is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Oil & Gas, Water Treatment, Food & Beverages, Power, Chemicals, Others. Oil & Gas attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Screw Pumps Market: Type Segment Analysis
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- Progressive Cavity Pumps
- Twin Screw Pumps
- Triple Screw Pumps
Global Screw Pumps Market: Application Segment Analysis
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- Oil & Gas
- Water Treatment
- Food & Beverages
- Power
- Chemicals
- Others
FAQ
Frequently Asked Question
What is the global demand for Screw Pumps in terms of revenue?
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The global Screw Pumps valued at 4.6 Billion in 2020 and is expected to reach 8.64 Billion in 2028 growing at a CAGR of 8.2%.
Which are the prominent players in the market?
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The prominent players in the market are Pumpenfabrik Wangen GmbH, ITT Corporation, Colfax Corporation, Seepex GmbH, Leistritz Pumpen GmbH, SPX Corporation, National Oilwell Varco Inc., Iwaki co Ltd., PSG Dover, Hydro Prokav Pumps India Pvt. Ltd, NETZSCH Pumps & Systems, Gardner Denver Inc., Albany Engineering Company Ltd, KRAL AG, Flowserve Corporation, Roto Pumps Limited, Settima Meccanica S.r.l, Roper Pump, , Company, SEIM S.R.L., Alfa Laval Corporate AB..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 8.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Screw Pumps include
- The growing demand for improving the processing infrastructure of the water and wastewater industries is is anticipated to augment the growth of the market over the forecast period.
- The high rate of urbanization and industrialization will point to an improved demand for screw pumps in the field of water and wastewater treatment. This factor is driving the demand for screw pumps market in the forecast period.
Which region accounted for the largest share in the market?
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Asia-Pacific was the leading regional segment of the Screw Pumps in 2020.