Middle East & North Africa (MENA) Centrifugal Water Pumps Market Research Report: Forecast (2024-2030)

Market Definition

To move fluid by utilizing the rotational energy from impellers, that are more than one driven rotor, a mechanical device is used which is called a centrifugal pump. Through the rotating impeller with its axis fluid enters then through the vane tips of the impeller it is ejected by centrifugal force along its boundary. The movement of the impeller directs the fluid toward the pump outlet by increasing the velocity and pressure on the fluid. The centrifugal water pumps are specially invented to compress the fluid from the inlet of the pump and then direct that towards the impeller and then make slow and manage the fluid before it discharges.

Market Insights & Analysis: Middle East & North Africa (MENA) Centrifugal Water Pumps Market (2024-30)

The Middle East & North Africa (MENA) Centrifugal Water Pumps Market size was valued at around USD 8.9 billion in 2023 & is estimated to reach around 12.5 billion by 2030. The market is expected to grow at a CAGR of around 5.8% during the forecast period, i.e., 2024-30. Various benefits of centrifugal water pumps including reduced friction, magnetic coupling, energy efficiency, reliability, low maintenance, size, and application versatility are helping hands in the continuous growth of the pumps in the market. Low-viscosity fluids including solvents, water, light oils, and chemicals, simple solutions are offered by centrifugal pumps to these high-capacity pumping applications, including irrigation, water supply & circulation, and the transfer of chemicals in various plants.

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The inclination towards the installation of solar pumps in the region is driven by the focus on sustainable energy, food, and water security goals, which is attracting more and more governments to invest. Solar water pumps are attributed to ease the use of pumps and solve many problems, as the needed amount of water will be provided by a specially designed solar water pump every day without considering the type of electric pump, the depth at which the pump is, or the amount of water we demand. Also, the water can be pumped from rivers, wells, or lakes, directly by utilizing solar energy, with the help of solar pumps and panels.

Further, the increasing demand for centrifugal water pumps from industries is related to the various applications of these pumps in residential, healthcare, aviation, pharmaceutical, chemicals, and food processing industries. However, the region is highly affected by the economic activities that hinder the supply chain of raw materials in the region. Also, the high inflation rate in the region led to an increase in the interest rates which makes the condition difficult for the key players in the region. Moreover, the economy of the region is mostly dependent on oil and gas sources, but this region holds a significant share of the global population, but a very low share of freshwater resources thus the water scarcity issues in the region are attracting the regional government to invest in projects related to water and wastewater management.

Middle East & North Africa (MENA) Centrifugal Water Pumps Market Driver:

Increasing Demand from Mining & Mineral Extraction Industries – The region covering the Middle East and North Africa is rich with oil and gas reserves, even some of the economies of the region are reliant on oil extraction and mining only. For human civilization, mineral extraction is an essential activity, as the extracted minerals are widely used in different industries, including manufacturing, healthcare, pharmaceuticals, chemicals & petrochemicals, and power generation. Also, we know that water pumps are an indispensable part of the mining and extraction industries. 

Other mining activities include balancing the temperature using cooling systems near the power generators, dewatering mines, and repression of dirt and fine particles throughout minerals processing, all these activities require large amounts of water. The expansion of all these mineral extracting industries and the associated vital role played by centrifugal water pumps in the industries during mining activities is augmenting the growth & expansion of the centrifugal industry in the region and is anticipated to drive effective demand during the forecast period as well.

Middle East & North Africa (MENA) Centrifugal Water Pumps Market Challenge:

Fluctuating Raw Materials Price & Increasing Inflation Rate to Hinder Market Growth –  The high inflation in the region is causing volatility in raw material prices, and impacting all the sectors with rising prices and unstable raw material costs. The high oil price in the region led by the Russia-Ukraine war hit the overall import-export balance and added to the high interest rates. The fluctuations in raw material prices are driven by many economic reasons, such as the Israel–Palestine war and political instability in various regional economies. These variations adversely affect the market players by making it difficult for them to decide the accurate prices of pumps in the market.

Middle East & North Africa (MENA) Centrifugal Water Pumps Market Trend:

Growing Use of Solar Water Pumps – Various benefits of solar water pumps in line with the sustainable development goals and using energy efficient resources are in trend within the water pumps market. Some of the benefits associated with the installation of solar water pumps are no requirement for supervision & maintenance and thus eliminate the maintenance cost, reduce the consumption of diesel, good for the protection of pumps, increased life span, the possibility of higher water quantities, easy installation, and the ability to discharge water independently in isolated areas. All these benefits are well aligned with the use of renewable energy resources, strengthening water & food security, hence promoting the installation of solar pumps and growing the demand for various types of centrifugal water pumps.

Governments are promoting the installation of solar pumps, and taking advantage of low associated costs, and the presence of high solar radiation in the region. For instance,

• Egypt implemented a program of desert agriculture that involved the irrigation of 630,000 hectares with the help of solar technology.

Middle East & North Africa (MENA) Centrifugal Water Pumps Market (2024-30): Segmentation Analysis

The Middle East & North Africa (MENA) Centrifugal Water Pumps Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2024–2030 at the regional level. Based on the analysis, the market has been further classified as:

Based on the End User:

• Residential
• Commercial
• Industrial
  • Oil & Gas
  • Power Generation
  • Water & Waste Water Treatment
  • Mining & Metal
  • Others (Automotive, Textile, etc.)
• Agriculture and Irrigation

In recent years, the largest share of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market in the End User category was taken up by industrial end users, and it is estimated that this trend will go on during the forecast period. This is mainly due to the greater use of centrifugal water pumps in almost all the key industries in the region, such as oil & gas, power generation, water and wastewater treatment, mining & metal, and others. All the associated industries require water pumps and for most of their activities, there is a huge requirement for water in dewatering mines, cleaning dirt and other fine particles in mineral processing, and cooling systems, which is continuously expanding the market for centrifugal water pumps in the industrial end users.

Based on the Type:

• Overhung Pumps
  • Vertical Line
  • Horizontal End Suction
• Split Case Pumps
  • Single/Two Stage
  • Multi-Stage
• Vertical Pumps
  • Turbine
    • Solid Handling
    • Non-Solid Handling
  • Axial
  • Mixed Flow
• Submersible Pumps
  • Solid Handling
  • Non-Solid Handling

Among all the mentioned types of centrifugal water pumps in the region the largest part of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market was taken up by overhung pumps, and it is estimated that this trend will go on during the forecast period as well. This large share is associated with its characteristics of uncomplicated maintenance which doesn’t require the pipe to disconnect, the easy and safe access to the seal & impeller is empowered by the adjustable cover plate, which enhances its usability and contributes to the growing demand for overhung water pumps.

Middle East & North Africa (MENA) Centrifugal Water Pumps Market (2024-30): Regional Projections

Geographically, the Middle East & North Africa (MENA) Centrifugal Water Pumps Market expands across:

• The UAE
• Saudi Arabia
• Turkey
• Qatar
• Oman
• Egypt
• Bahrain
• Kuwait
• Israel
• Iraq
• Algeria
• Morocco
• Rest of the Middle East and North Africa (MENA)

From all of these, Saudi Arabia is expected to remain a prevailing market for Centrifugal Water Pumps during the forecast period. Saudi Arabia’s centrifugal water pumps industry is driven by huge investments in the establishment of new businesses and industrial hubs, with the aim of economic diversification and rapid economic growth. For the efficient functioning of businesses and development projects, proper water supply is essential, for which investments are increasing in water and wastewater projects. Along with it, the country has a large number of oil & gas reserves, where various multistage pumping applications fuel the demand for centrifugal pumps.

Middle East & North Africa (MENA) Centrifugal Water Pumps Industry Recent Development:

•  2023: Baker Hughes Company has launched a new reinforced thermoplastic pipe technology which will reduce the time to first production, lower the lifecycle emissions, and enable quick installation.
• 2023: Kirloskar Brothers Limited (KBL) has launched a new avatar of the “Lifter” series, that are particularly made for shallow pumps, having a strong performance with high suction lift and energy efficiency.

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