IMARC Group, a leading market research company, has recently releases report titled “Screw Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global screw pumps market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the screw pumps market?

Report Attributes

Details

Market Size in 2022

US$ 2.71 Billion

Market Forecast in 2028

US$ 3.72 Billion

Growth rate (2023 to 2028)

CAGR of 5.30%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is screw pumps?

Screw pumps are a type of positive displacement (PD) pump that utilizes rotating screws to transfer fluids. They are comprised of components such as a screw, seal, motor adapter drive shaft, casing, and bearings. They are typically constructed with metal alloys such as cast iron, stainless steel, or bronze and are suitable for pumping high-pressure viscous fluids in marine and offshore installations. They also find application in fuel injection, oil burners, and wastewater treatment plants. Additionally, they are easy to operate and maintain and provide versatility in terms of flow rates, liquid types, pressures, viscosities, and self-priming capabilities. Moreover, they are reliable, efficient, robust, have a long lifetime, and are resistant to water vapor and dust particles. As a result, screw pumps are widely adopted in various industrial verticals such as power, water treatment, oil and gas, chemicals, and food and beverage (F&B) sectors across the globe.

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What are the growth prospects and trends in the screw pumps?

The growing product utilization in the manufacturing of connector seals, turbocharger hoses, spark plug boots, gaskets, silicone wiper blades, ignition cables, etc., is primarily driving the silicone elastomers market. Additionally, the rising adoption of these polymers as coated glass-fiber cloths, tapes, extruded sleeving and moldings, sheet, wire and cable coverings, braided glass sleeving, etc., for electrical insulation is further catalyzing the market growth.

Besides this, the shifting consumer preferences from traditional high oil and fatty alcohol systems towards silicone elastomers to provide soft focus and line-filling properties are acting as significant growth-inducing factors. Moreover, the escalating demand for silicone rubbers to fabricate the electrical systems, engine, interiors, and other body parts of an automobile is also positively influencing the global market. Apart from this, the leading manufacturers are investing in R&D activities to expand their product portfolio, which is anticipated to fuel the silicone elastomers market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Screw Configuration Insights:

  • Single Screw/Eccentric Screw/Progressive Cavity Pumps
  • Twin Screw Pumps
  • Three Screw Pumps
  • Multiple Screw Pumps

 Max. Pressure Insights:

  • Up To 16 Bar
  • 17-35 Bar
  • 36-50 Bar
  • 50-80 Bar
  • Above 80 Bar

Distribution Channel Insights:

  • Direct
  • Indirect

End Use Insights:

  • Oil and Gas
  • Power
  • Water Treatment
  • Chemicals
  • Food and Beverages
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Alfa Laval AB
  • CIRCOR International Inc.
  • Desmi A/S
  • Dover Corporation
  • Erich Netzsch GmbH & Co. Holding KG
  • Flowserve Corporation
  • FLSmidth & Co. A/S
  • ITT Inc.
  • Iwaki Co. Ltd.
  • KRAL GmbH
  • Roto Pumps Limited
  • SPX Flow Inc.

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