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Global Double Suction Pump Market Research Report:
According to the latest report by IMARC Group, titled “ Double Suction Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
” the global double suction pump market reached a strong growth in 2022.
A double suction pump is a centrifugal pump that is used to increase the flow rate at a constant speed. It has a spiral casing wherein water can enter through both sides of the impeller to maintain the hydraulic balance. It offers higher efficiency and lower maintenance as compared to single-suction pumps due to the reduced axial force. It assists in providing water supply for industrial, domestic, and agricultural purposes. It is used in wastewater treatment plants for the desalination of brackish water and in hydropower plants for electricity generation. Besides this, double suction pump finds extensive applications in flood-prone regions for water control purposes.
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At present, the increasing population around the world and the expanding industrial activities are driving the demand for pure water for various industrial, domestic, and agricultural applications. This, coupled with the expansion of wastewater treatment plants due to the rising water pollution level, is catalyzing the demand for double suction pumps across the globe. Continuous financing of water pollution prevention programs and campaigns and the implementation of various initiatives by government bodies, private companies, and non-government organizations (NGOs) are offering a favorable market outlook. Apart from this, the increasing number of desalination plants, especially in regions wherein there is a scarcity of potable water, is offering lucrative growth opportunities to the leading market players. Furthermore, the growing need for high-yield of crop production and considerable development in the agriculture sector are driving the demand for double suction pumps and advanced agricultural equipment. Additionally, the increasing establishment of hydropower plants in various countries to meet the rising need for electricity is creating a positive outlook for the market. Besides this, the widespread adoption of double suction centrifugal pumps in the marine industry for a proper operational and compatible cooling water supply is propelling the market growth. Turbine ships are equipped with large boiler plants and correspondingly large condensers. Moreover, the easy availability of a wide range of double suction pump variants at affordable rates across offline and online distribution channels is supporting the market growth. Several companies are focusing on growing organically and consequently engaged in product approvals and launches, collaborations, and mergers and acquisitions (M&A).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Type Insights:
• Vertically Split
• Horizontally Split
Material Type Insights:
• Cast Iron
• Steel
• Polymer and Composite
End Use Insights:
• Power Generation
• Water and Wastewater Treatment
• Industrial
• Irrigation
• Marine
• Others
Regional Insights:
• 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
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Competitive Landscape with Key Players:
Flowserve Corporation
Habermann Aurum Pumpen GmbH
Hayward Tyler Ltd.
Hunan Credo Pump. Co. Ltd.
ITT Inc.
KSB SE & Co. KGaA
Neptuno Pumps Ltda
Sulzer Ltd.
Torishima Pump Mfg. Co. Ltd.
Sintech Precision Products Ltd.
Xylem Inc.
Kindly note that this only represents a partial list of companies
• the complete list has been provided in the report
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/double-suction-pump-market
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