CENTRIFUGAL PUMP MARKET ANALYSIS

Market Concentration and Competitive Landscape

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With growing populations worldwide, the demand for clean drinking water as well as the treatment of industrial and domestic wastewater has increased tremendously. Most cities and towns now require sophisticated water treatment and wastewater processing facilities to purify and recycle water. Centrifugal pumps play a critical role in moving water and wastewater through various treatment stages right from intake, screening, coagulation, and sedimentation to final disposal or recycling applications. They are used for applications like raw water intake, sludge transfer, filtration, dosing of chemicals, and final effluent disposal. The need for reliable water management solutions has also grown due to acute water scarcity issues faced in many parts globally. Both developing and developed nations are investing heavily in construction of new water treatment plants as well as expanding and upgrading existing infrastructure. This growing requirement for sustainable and efficient water treatment presents pumps manufacturers with significant opportunities. Centrifugal pumps, with their flexible design and high efficiency, address majority of the key requirements for water treatment projects.

For instance, in November 2023, Xylem secured a contract to supply pumps and valves for a major water treatment plant in India, contributing to the improvement of the country’s clean water infrastructure.