Portland, OR -- (SBWIRE) -- 07/24/2017 -- High-pressure pumps are designed to withstand high pressure above the normal range. These are extensively used across oil & gas, power generation, chemical, pharmaceuticals, and manufacturing industries. Investments in sectors other than oil & gas in the Middle East and Africa, revival of the manufacturing industry in North America, and the growth of the manufacturing sector in Asia-Pacific drive the market growth. High-pressure pumps are widely suitable for liquid transfer in washing systems, cooling & air-conditioning systems, water-supply systems, water-treatment systems, firefighting systems, industrial plants, and boiler feeding systems.
This report projects the trends and opportunities of the global high-pressure pumps market. It includes a qualitative & quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview toward the market growth and predict the market behavior during the forecast period. Increase in the application areas of high-pressure pumps among metal fabrication and automotive industries is the primary factor that fuels the growth of the market. Moreover, these pumps are installed among oil & gas sector for cleaning of heat exchanger, rust and paint removal from metal structures, and prevention of choking of tubes. In addition, the high-pressure pumps are utilized across the water & wastewater treatment industry for processing drinking water, in reverse osmosis process, and machine tool lubrication. Furthermore, positive displacement high-pressure pumps are increasingly included across the power generation, manufacturing, food & beverage, shipbuilding, and manufacturing industries.
High-pressure pumps are also employed as injecting tools for carbon dioxide safely into depleted gas reservoirs, saline formation, and coal beds for long-term storage. Moreover, these produce high pressures needed to transport the captured and compressed carbon dioxide, since CO2 is sometimes injected into declining oil fields to increase oil recovery. The aforementioned property of high-pressure pump of carbon capture and sequestration has significantly led to market growth. However, in emerging economies, such as China, fall in the property sector and sluggish industrial production have declined the growth of the manufacturing sector, which in turn is expected to decline the demand for high-pressure pumps in the market.
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The global high-pressure pumps market is segmented by type, pressure, end-user industry, and geography. Based on type, it is bifurcated into dynamic and positive displacement. Based on pressure, it is classified into 30 bar100 bar, 101500 bar, and above 500 bar. Based on end-user industry, it is categorized into oil & gas, power generation, chemicals, pharmaceuticals, and manufacturing. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players in this sector involve the Suzler Ltd., Grundfos, The Weir Group Plc., CAT Pumps, Comet Spa, Maximator GmbH, Teledyne Isco, Zhejiang Danau Industries Co., Ltd., Udor S.P.A, Andritz, and Danfoss Group.
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