Water Pumps in Chemical Market Forecast 2030: Key Players & Emerging Trends

Future Water Pumps in Chemical Market: Key Dynamics, Size & Share Analysis

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. The rise in the global chemical industry, and water treatment & wastewater management are some major growth factors driving this market. Also, fluid management for hazardous corrosive material and technological advancements in the field are further pushing the market demand. The growing demand for chemicals in various industries like; agriculture, pharmaceuticals, and petrochemicals is driving growth in the global chemical industry. This is further creating the need for efficient water pumps for chemical processing. For instance, in India itself, the chemical market stood at USD 220 billion in 2023 showing further growth. This creates heavy requirements for water pumps in chemical industries.

Top Market Challenges Impacting the Water Pumps in Chemical Market Growth

Rising Demand in the Global Petrochemical Industry – For processing, transportation, and cooling processes in petrochemical plants high capacity pumps are required. Major expansions of the petrochemical industry can be seen in the Middle East & Africa region, followed by Asia-Pacific. This is directly proportional to the demand for water pumps for handling the massive volumes of water and chemicals involved in processing. For instance, China’s multiple investments in the Yangtze River Economic Belt which has around 20,000 petrochemical facilities. Petrochemicals produce highly corrosive liquids that too under high-pressure environments. It requires durable and high-performance water pumps to ensure safe operations which further derives the market. For instance, the AHLSTAR pump series introduced by Sulzer Ltd. can easily handle the requirements of the petrochemical industry as they are built to resist corrosive and abrasive substances. Various investments made by Saudi Aramco in various new petrochemical complexes in Saudi Arabia and other Gulf countries increase the demand for these kinds of pumps.

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Understanding the Core Segments in the Water Pumps in Chemical Market

Water Pumps in Chemical Market Size, Share & Industry Trends Analysis- By Type (Centrifugal Pump, [Overhung Pumps, Split Case Pumps, Vertical Pumps, Submersible Pumps], Positive Displacement Pump), By End-User (Petrochemicals, Agrochemicals Pharmaceuticals Specialty Chemicals) and Others.

Geographical Analysis of the Water Pumps in Chemical Market

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

Who Dominates the Water Pumps in Chemical Market Insights on Key Industry Players?

Companies are strengthening their presence in the Water Pumps in Chemical market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

Grundfos
Sulzer Ltd.
Xylem Inc.
Flowserve Corporation
KSB SE & Co. KGaA
Weir Group
Wilo SE
Pentair PLC
ITT Inc.
Torishima Pump MFG. Co. LTD.
PSG Dover

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