Global Non-Volatile Memory Market Research Report: Forecast to 2023
Global High Pressure Pumps Market Research Report: Forecast to 2025
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Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
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Copyright © 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Summary Pumps are used in diverse range of functions and industries, this has led them to become an integral part of the processes they are integrated in. Market reports associated with the energy and power sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The market is projected to develop at a CAGR of 3% over the forecast period. The invention in products and services is the chief factor that contributes the best to the market’s success and influencing the trends that gain distinction in the market. On this track, the high-pressure pumps are the invention in the mumping market mainly designed to withstand high pressure above the normal range. These new high-pressure pumps are extensively used across oil & gas, power generation, chemical, pharmaceuticals, and manufacturing industries. The selection of these high-pressure pumps depends on the available space, type of liquid to be pumped and its volatility and the limit up to which the liquid may contain solids. The growing drilling activities and expected growth in the demand of high-pressure pumps are supposed to be the primary drivers of the high-pressure pumps system market by 2022 with registering CAGR of 3%. The market is steadily growing due to its large-scale application in automotive, steel manufacturing infrastructure and water processing industry. Rising demand for industrial processes that include high pressure pumps is boosting the market’s demand considerably. The increased level of efficiencies offered by high pressure pumps is expected to stimulate market growth over the forecast period.
Top Factors Impacting High-Pressure Pumps System Market According to the recent reports published by Market Research Future, the high-pressure pumps market is steadily growing due to its large-scale application water processing industry, automotive, steel manufacturing infrastructure and more. With industrial processes rising at a rapid pace, the high-pressure pumps are boosting the market’s demand considerably with a higher CAGR. Moreover, these pumps are installed among the oil & gas sector for cleaning of the heat exchanger, rust and paint removal from metal structures, and prevention of choking of tubes. Also, the high-pressure pumps are utilized across the water & wastewater treatment industry for processing drinking water, in the reverse osmosis process, and machine tool lubrication. Recently, there has been a shift of exploration projects from conventional oil and gas to shale oil and gas across the world. This has involved high-pressure pumping process, which works as pumping a large volume of water to extract oil and gas from the well. In order to inject water with high pressure into shale well, exploration and production (E&P) companies use high-pressure pumps, which, in turn, has become a key trend and equally impacting the global highpressure pumps market. In recent years, several U.S. oil and gas companies are making huge investments in exploration & production activities with the help of high-pressure pumps. Despite these drivers, a slowdown in the oil & gas industry and a decrease in industrial growth in some regions are significant restraints hindering the growth of the high-pressure pump system market. Emerging markets, carbon capture, and wastewater treatment industry are creating profitable opportunities for the high-pressure pumps market during the forecast period by 2022.
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Copyright © 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Competitive Landscape The leading players in the high-Pressure Pumps System markets are Cat pumps, Maxima or GmbH, Andritz, GEA Group, Grundfos, Sulzer Ltd., The Weir Group Plc, KSB Pumps, Danfoss and Himmelman.
Market Segmentation The global high-pressure pumps system market research report provides market segmentation by type, pressure range and by end-users. By mode of type, the market has been segmented as dynamic and positive displacement. By pressure range, the market has been segmented into 30 bar-100 bar, 101 bar-500 bar and above 500 bar. By end-users, the market has been segmented into oil & gas, chemical and pharmaceutical, power generation and manufacturing industries.
Regional Analysis In the reports of MRFR, the market for high-pressure pumps system has covered the regions of North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Asia Pacific region is accounted to be leading the global high-pressure pumps market driven by countries like China, Japan, and India, where industrial developments are carried out with high rates and proliferating. These are creating ultimate increase ways for the high-pressure pumps market with a higher CAGR. Also, North America region is set to grow at significant pace during the forecast period due to the sectors like pharmaceutical, food & beverages, water treatment which are heavily reliant on water thus pushing the sales in the high-pressure pump market.
Industry Updates: October 2018: KNAUER Wissenschaftliche Geräte GmbH launched high-pressure metering pumps that played an essential role in the development of the ground-breaking new manufacturing process of methane sulfonic acid. September 2018: A German pump manufacturer Uraca GmbH has expanded in high pressure cleaning with Dynajet acquisition.
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Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
owned company based in Norway that has developed a field-proven portfolio of completion systems and intervention tools.
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Copyright Š 2017 Market Research Future.