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Horizontal Multistage Pumps Market Trends

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Report ID: 3744
Published Date: Aug 23, 2024
Report Format: PDF, PPT

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Horizontal Multistage Pumps Market Trends

Growth Drivers

Increasing Application in Waste Water Treatment
Rising Demand for Water Globally

Challenges

Growing Circulation of Generic Pumps in the Market
Requirement of High Initial Investment

Horizontal Multistage Pumps Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	3.2%
Base Year Market Size (2023)	USD 844.3 million
Forecast Year Market Size (2036)	USD 1.27 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Horizontal Multistage Pumps Market Size & Share, Growth Analysis 2036

Author Credits: Dhruv Bhatia

Report ID: 3744
Published Date: Aug 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of horizontal multistage pumps is assessed at USD 865.91 million.

Horizontal Multistage Pumps Market size was over USD 844.3 million in 2023 and is projected to exceed USD 1.27 billion by 2036, growing at over 3.2% CAGR during the forecast period i.e., between 2024-2036. Growing application of horizontal multistage pumps in waste water management to boost the market growth.

Asia Pacific industry is estimated to hold largest revenue share by 2036, backed by growing demand for water pumps for irrigation, waste water treatment, and other applications.

The major players in the market are Xylem, Sulzer Ltd., Flowserve Corporation, Grundfos Holding A/S, The Weir Group PLC, Baker Hughes Company, and others.

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