Centrifugal Pump Market Receive fuel flexibility boost – Bringing power to the leading players
Centrifugal pumps play a vital role across various stages of the oil & gas industry, spanning from exploration and processing to transportation to end consumers, covering the entire value chain of the industry. These pumps are predominantly employed for fluid transfer purposes in this sector. As the post-pandemic economy recovers and experiences growth, coupled with supply limitations arising...
Profitable Growth in Progressing Cavity Pump Market: An Analysis of Key Trends and Opportunities
Focus on sustainability developments on sanitation services has increased investments in the water & wastewater treatment plants worldwide fueling demand for progressing cavity pumps.
The global progressing cavity pump market is expected to grow at a CAGR of 5.3% to USD 2.8 billion by 2027, up from an estimated USD 2.2 billion in 2022.
There have been advancements in the progressing cavity...
Progressing Cavity Pump Market Revenue to Hit $5.9 Billion by 2026
According to the new market research report “Progressing Cavity Pump Market by Pumping Capacity (Up to 500 GPM, 501–1,000 GPM, and more), Power Rating (Up to 50 HP, 51–150 HP, and more), End User (Oil & Gas, Food & Beverages, and more), and Region – Global Forecasts to 2026” The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026,...
Oil & Gas Pumps Market Huge Growth Opportunity between 2020-2025
The oil & gas pumps market size will grow to USD 9.0 billion by 2025 (forecast year) from USD 6.6 billion in 2020 (estimated year), at a CAGR of 6.4% during the forecast period. Continuous shale development activities and the development of gas terminals are the key factors driving the growth of the oil & gas pumps market. Likewise, the development of pipeline infrastructure in Asia Pacific...