The Business Research Company’s Vertical Immersion Pumps Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Vertical Immersion Pumps Global Market Report 2023 evaluates vertical immersion pumps market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global vertical immersion pumps market size is expected to grow from $3.32 billion in 2022 to $3.45 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vertical immersion pumps market is expected to grow to $3.95 billion in 2027 at a CAGR of 3.4%.
The vertical immersion pumps market segments in the report are:
1) By Product Type: Line Shaft Pump (VS-4), Cantilever Pump (VS-5)
2) By Material: PP (GFR), PVDF, Cast Iron, Ductile Cast Iron, WCB, Other Materials
3) By Capacity: Up to 100 m3/hr; 100 to 500 m3/hr; 500 to 1000 m3/hr; Above 1000 m3/hr
4) By Application: Irrigation, Portable Water Supply, Water Cooling, Dewatering, Geothermal Well, Oils, Fuels, Lubricants Transfer, Other Applications
Top Key Players
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The table of contents in TBRC’s vertical immersion pumps market report includes:
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