IMARC Group, a leading market research company, has recently released a report titled “Screw Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the screw pumps market size, share, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Screw Pumps Market?
The global screw pumps market size reached US$ 2.71 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.72 Billion by 2028, exhibiting a growth rate (CAGR) of 5.30% during 2023-2028.
What are Screw Pumps?
Screw pumps represent positive displacement pumps that utilize rotating screws to propel fluids. They comprise several essential components, including a casing, screw, seal, motor adapter drive shaft, bearings, etc. Screw pumps are typically manufactured by using metal alloys, including cast iron, stainless steel, or bronze. They excel at pumping high-pressure viscous fluids, making them well-suited for offshore and marine installations. Screw pumps are commonly employed in fuel injection, oil burners, and wastewater treatment plants. They offer ease of maintenance and operation while demonstrating versatility in accommodating different flow rates, pressures, liquid types, and viscosities, as well as self-priming capabilities. Consequently, screw pumps find widespread utilization across numerous sectors, such as water treatment, power generation, chemicals, food and beverage (F&B), etc.
Request for a sample copy of this report: https://www.imarcgroup.com/screw-pumps-market/requestsample
What are the growth prospects and trends in the screw pumps industry?
The screw pumps market is experiencing a positive outlook, owing to the growing product usage in oil and gas across the globe for various applications, such as pipeline boosting and drilling mud transfer. Moreover, it is gaining traction in the refineries to transfer solids between tanks or vessels without the need for valve adjustments, which is further catalyzing the global market. Apart from this, the introduction of screw pumps made from advanced materials for enhancing their durability and reliability by resisting wear and corrosion is also catalyzing the market growth. Additionally, the development of eccentric product variants that are capable of handling shear-sensitive components, exhibiting flow control precision across a broad range of viscosities, and providing energy efficiency is expected to propel the market growth in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Screw Configuration Insights:
- Single Screw/Eccentric Screw/Progressive Cavity Pumps
- Twin Screw Pumps
- Three Screw Pumps
- Multiple Screw Pumps
Max. Pressure Insights:
- Up To 16 Bar
- 17-35 Bar
- 36-50 Bar
- 50-80 Bar
- Above 80 Bar
Browse Full Report with Table of Contents : https://www.imarcgroup.com/screw-pumps-market
Distribution Channel Insights:
- Direct
- Indirect
End Use Insights:
- Oil and Gas
- Power
- Water Treatment
- Chemicals
- Food and Beverages
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Alfa Laval AB
- CIRCOR International Inc.
- Desmi A/S
- Dover Corporation
- Erich Netzsch GmbH & Co. Holding KG
- Flowserve Corporation
- FLSmidth & Co. A/S
- ITT Inc.
- Iwaki Co. Ltd.
- KRAL GmbH
- Roto Pumps Limited
- SPX Flow Inc.
Ask an Analyst : https://www.imarcgroup.com/request?type=report&id=7355&flag=C
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal