A slurry pump is a type of pump that is used to transport corrosive/abrasive and high concentration slurry. These pumps are extensively used to move mixtures of solid and liquid in many industries with a broad spectrum of applications, such as mine drainage, pumping of drilling mud, dredging of settling lagoons, etc. This factor is likely to fuel the growth of the slurry pumps market during the forecast period.
MARKET DYNAMICS
The heavy designs of slurry pumps suffer less damage to cavitation as compared to process pumps; rising applications of heavy-duty and severe duty slurry pumps in the mining act as a driver for the slurry pumps market. However, the high operating cost of slurry pumps as compared to other conventional process pumps may restraint the slurry pumps market growth. Furthermore, the wide range of application of slurry pumps for transport of slurry in many industries such as utilities, water and wastewater, mining and mineral, chemicals, pulp and paper, oil and gas, construction, and among others are expected to influence the growth of the slurry pumps market in the coming years.
MARKET SCOPE
The "Global Slurry Pumps Market Analysis to 2028" is a specialized and in-depth study of the slurry pumps industry with a special focus on the global market trend analysis. The report aims to provide an overview slurry pumps market with detailed market segmentation as type, application, and geography. The global slurry pumps market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading slurry pumps market players and offers key trends and opportunities in the slurry pumps market.
MARKET SEGMENTATION
The global slurry pumps market is segmented on the basis of type, application. On the basis of type the market is segmented as vertical slurry pumps, horizontal slurry pumps, submersible slurry pumps. On the basis of application the market is segmented as mining and mineral, chemical, pulp and paper, power generation, oil and gas, construction, water and waste water treatment, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global slurry pumps market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The slurry pumps market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting slurry pumps market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the slurry pumps market in these regions.
MARKET PLAYERS
The reports cover key developments in the slurry pumps market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Slurry pumps market are anticipated to lucrative growth opportunities in the future with the rising demand for slurry pumps in the global market. Below mentioned is the list of few companies engaged in the slurry pumps market.
The report also includes the profiles of key slurry pumps companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Ebara Corporation
- Flowserve Corporation
- FLSmidth A/S
- ITT, Inc.
- KSB SE & Co. KGaA
- Metso Corporation
- Sulzer Ltd.
- The Weir Group PLC
- Tsurumi Manufacturing Co., Ltd.
- Xylem Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.