Global Water Pumps Market to Cross USD 67 Bn by 2025, Says TechSci Research in Its New Report Recently Added at MarketPublishers.com01 Nov 2016 • by Natalie Aster
LONDON – Expanding industrialization coupled with increasing urbanization especially in developing countries propels demand for water pumps across different end-use sectors. Nowadays, water pumps are required to provide continuous water supply in residential, industrial and commercial facilities; hospitals and other modern infrastructure.
Furthermore, rising installation of water recycling and water/wastewater treatment systems, particularly in China and India, for cleaning and desalination wastewater generated by municipalities and other industries is likely to give impetus to growth of demand for water pumps.
Chemicals, oil & gas, pharmaceuticals, food & beverage are the other important demand driving industries, where water pumps ae required.
The world’s water pumps market is expected to keep on gaining momentum in the mid-run. By 2025, this market is anticipated to exceed USD 67 billion. Major market growth drivers include enhancing need to replace older pumps and upgrade the existing water pump base, and also the increasing water scarcity.
Cutting-edge publication “Global Water Pumps Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011 - 2025” from TechSci Research gives comprehensive insights into the world’s market for water pumps, investigates top current and emerging market trends and also identifies promising growth sectors and lucrative growth opportunities. The report sheds light on the situation in the key regional markets for water pumps, reviews the major end-use sectors and also uncovers trustworthy market performance statistics. It discusses the main challenges, restrains and drivers; touches upon the competitive environment and also provides future forecasts through 2025.
For a full list of the publisher’s research reports follow to the TechSci Research online catalogue.