Asia Pacific Dewatering Pump Market Set for Rapid Growth, to Reach USD 1,670.1 Million by 2020
Asia Pacific Dewatering Pump Market 2016-2020 Industry size,Share, Trends , Analysis
Deerfield Beach, FL -- (SBWire) -- 02/08/2016 --Zion Research has published a new report titled "Dewatering Pump Market for Mining & Construction, Water & Sewage and Other Applications: Asia Pacific Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020". According to the report, the Asia Pacific dewatering pump market was valued at USD 1,293.6 million in 2014 and is expected to reach approximately USD 1,670.1 million by 2020, growing at a CAGR of 4.40% between 2015 and 2020.
Dewatering process is done by evaporation and is usually done before excavation for footings. Dewatering pump designed to keep working under extremely harsh conditions. Dewatering involves controlling groundwater by pumping, to locally lower groundwater levels in the vicinity of the excavation. Various types are used in dewatering, selection of the dewatering technique at a particular site depend on many factors. The purpose of construction dewatering is to control the surface and subsurface hydrologic environment in such a way as to permit the structure to be constructed in the dry.
Browse the full "Dewatering Pump Market for Mining & Construction, Water & Sewage and Other Applications: Asia Pacific Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/dewatering-pump-market-z46559
Based on application, dewatering pump market has been segmented into mining & construction, water & sewage and others. Mining & construction was leading application segment of dewatering pump market and accounted for 35.70% market of the total revenue generated in 2014. This growth can be attributed to strong growth prospectus of construction industry in Asia Pacific region is expected to drive demand for dewatering pumps in the years to come. Water & sewage is another key application segment expected to exhibit moderate growth over the forecast period.
Dewatering Pump Market
China dominated the overall Asia Pacific dewatering pump market with a revenue share of 33.50% owing to huge sludge treatment industry in China is expected to trigger the demand for dewatering pumps in the region. Strong demand from emerging economies such as China and Japan is a major driving force for growth of dewatering market in the region owing to rapid industrialization. Japan accounted for over 20.0% of the total revenue share in 2014 and expected to experience sluggish growth over the forecast period.
Some of the key players include in dewatering pump market such as Schlumberger Ltd, Harison Pumps Pvt Ltd., MBH Pumps, Keto Pumps, Cornell Pump Company, Xylem etc.
Asia Pacific Dewatering Pump Market: Application Segment Analysis
Mining & Construction
Water & Sewage
Asia Pacific Dewatering Pump Market: Country Segment Analysis
Rest of the Asia Pacific
Read More @ http://www.marketresearchstore.com/report/dewatering-pump-market-z46559
About Zion Research
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)
Media Relations Contact
Corporate Sales Specialist
Market Research Store
View this press release online at: http://rwire.com/662970