Market Update: Water pump market to record impressive growth rate through 2020

Dec. 27, 2016

Asia Pacific is the largest market for water pumps followed by Europe and North America.

Water pump market to record impressive growth rate through 2020

Asia Pacific is the largest market for water pumps followed by Europe and North America, according to a report by Persistence Market Research. Asia Pacific has the highest growth rate in the water pumps market, mainly due to surge in infrastructural developments in developing countries such as India and China. On the basis of product segments, centrifugal water pumps hold majority of the market share and is expected to grow further with steady rate owing to increasing demand from industries such as oil and gas and municipalities. By end user application, industrial water pumps had the largest market share in 2013 in the water pumps market. Industrial water pumps are also growing at a high rate due to increasing industrialization in growing Asia Pacific countries where oil and gas industry are the major end users of water pumps

Municipal and industrial wastewater treatments spur US soluble polymers market growth

The U.S. water soluble polymers market is expected to cross $11 billion by 2025, on the back of growing demands for municipal and industrial wastewater treatment, increased oil and gas recovery using drilling techniques, pharmaceuticals and pulp & paper industries from different regions across the United States, according to a new Research and Market report, the “US Water Soluble Polymers Market – Forecast & Opportunities, 2011-2025.”

Rainwater harvesting helps overcome shortage of water with help of modern equipment

The “Rainwater Harvesting System Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021,” by Zion Market Research reports various regions facing water scarcity issues globally which lead to depletion of ground water level due to the high amount of heat that is induced into ground. This, in turn, leads to drought situations. However, rainwater harvesting is an old technique and also an initiative to overcome the shortage of water with the help of modern equipment in order to store the water from house roofs and building which is further directed to the storage facility constructed on the ground level or directly into the ground. This arrangement is made to increase the ground water level. Rain is undoubtedly an ultimate source of fresh water.

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