Press Release

Global Water Pumps in Chemical Industry to Reach USD6.88 Billion by 2030

The Global Water Pumps in Chemical Industry size was valued at around USD 5.88 billion in 2024 and is projected to reach USD 6.88 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.06% during the forecast period, i.e., 2025-2030, cites MarkNtel Advisors in the recent research report. The market is primarily driven by factors such as; the growth of the chemical industry globally, water treatment & wastewater management in industries, and fluid management for hazardous corrosive material. The growing demand for chemicals in various industries like; agriculture, pharmaceuticals, and petrochemicals is driving growth in the global chemical industry. This creates a requirement for efficient water pumps for chemical processing. The world is actively switching to sustainable and eco-friendly practices creating the need for water treatment and wastewater management in the industry. Strict environmental regulations are motivating companies to treat and reuse water by investing in advanced pump systems. Moreover, with global advancements in technology, the development of smart pumps integrated with AI & IoT is further boosting the market growth.

Although the market promises prominent growth in the future, some restraining factors can adversely affect the market growth. Stringent environmental regulations are leading companies to invest in expensive pump systems with advanced features to comply with sustainability standards. For handling corrosive and hazardous fluids, the pumps require specialized materials and designs that increase the operational cost. By harnessing modern technologies and strategic investments, the markets can grow at substantial rates, further states the research report, “Global Water Pumps in Chemical Industry Analysis, 2025.”

Segmentation Analysis

Centrifugal Pumps Are the Most Preferred Among End-Users

Based on type, the market is further bifurcated into Centrifugal Pumps and Positive Displacement Pumps. Centrifugal Pump is the largest category holding up to 70% of the entire market volume. This dominance is due to its widespread applicability and efficiency. Moreover, they can easily handle a wide variety of fluids, including corrosive, abrasive, and hazardous chemicals making them the choice of the industry. They are widely used in chemical processes like transferring liquids, chemical slurries, and cooling fluids and are made from highly durable materials enhancing their performance during harsh conditions. Moreover, their initial cost and maintenance is quite low as compared to others which further boosts their demand in the market. They also help in the reduction of operational costs as many centrifugal pumps are designed with energy-efficient motors.

Asia-Pacific Dominates the Water Pumps in the Chemical Industry

Asia-Pacific is the largest shareholder of Global Water Pumps in the Chemical Industry.  It holds approx. 50% of the entire global market. This domination is due to rapid industrialization and the expansion of chemical production in countries like China & India coupled with economic growth in the region. Moreover, technological advancements in various Asian Countries like; Japan and South Korea are further boosting the market growth. Furthermore, growing environmental concerns regarding wastewater management are pushing companies to invest in more efficient water pumps that help in the treatment of chemical wastewater. Also, the increase in investments in industrial infrastructure like petrochemical and specialty chemical sectors is further creating market demand in the region.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Grundfos, Sulzer Ltd., Xylem Inc., Flowserve Corporation, KSB SE & Co. KGaA, Weir Group, Wilo SE, Pentair PLC, ITT Inc., PSG Dover, Torishima Pump MFG. Co. LTD. and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report         

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?