Volute Pumps Market, By Type (Metallic Pumps and Concrete Pumps), By Application (Agriculture & Lift

Published Date: | Report Code : EQ1947242

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The Volute Pumps Market is expected to promise high growth owing to the increasing demand for improved rainwater harvesting systems in recent years. Increasing demand from applications including agriculture & lift irrigation, building services, power, water & wastewater, oil & gas, and chemicals is expected to drive the growth of the volute pumps market. This market has witnessed a number of key developments by major companies including KSB, Kubota, Kirloskar Brothers, Flowserve, GRUNDFOS, Watson-Marlow, Gardner Denver and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

A volute is a curved funnel that increases in the area, as it approaches the release port. Volutes are designed to capture the velocity of the liquid, as it enters the outermost diameter of an impeller and converts the velocity of the liquid into pressure.

Segment Insights:

Volute pumps are a type of centrifugal pump that is curved-shaped. There are two types of volute pumps, namely, metallic pumps and concrete pumps. Metallic pumps are used where there is a need to handle large quantities of water. Concrete pumps are used to transfer liquid concrete by pumping. The demand for volute pumps is more where large quantities of water flow need to be handled. It is most suitable in seawater applications. The growth of the volute pumps market can be attributed to the rapid development of industrial infrastructure and product commercialization. Moreover, the rising demand for rainwater harvesting systems is also driving the global volute pumps market. However, rising prices of raw materials could hamper the growth of the volute pumps market.

Key Factors Impacting Market Growth:

  • Rapid industrialization and rise in the number of irrigation schemes across the world
  • Increase in demand for improved rainwater harvesting systems
  • High demand for volute pumps for building services
  • The rise in production of oil & gas
  • Increase in raw materials prices

Regional Analysis:

Major regions for the volute pumps market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for volute pumps owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be applications including agriculture & lift irrigation, building services, power, water & wastewater, oil & gas, and chemicals. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the volute pumps market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and the Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these applications including agriculture & lift irrigation, building services, power, water & wastewater, oil & gas, and chemicals are estimated to register high demand for the volute pumps market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the volute pumps market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the volute pumps market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: KSB, Kubota, Kirloskar Brothers, Flowserve, GRUNDFOS, Watson-Marlow, Gardner Denver, Kaiquan Pump, Sulzer, and PSG Dover...

Market Segmentation:

By Type:

  • Metallic Pumps
  • Concrete Pumps

By Application:

  • Agriculture & Lift Irrigation
  • Building Services
  • Power
  • Water & Waste Water
  • Oil & Gas
  • Chemicals

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global volute pumps market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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