Asia Pacific Industrial Pumps Market Opportunity, Key Trends 2014-2020

Industrial pumps find application in various industries and play an essential role in moving an assortment of fluids from one location to another. Industrial pumps come in a variety of shapes, sizes and capacities. Industrial pumps are broadly segmented as centrifugal pumps (also called roto-dynamic pumps) and positive displacement pumps. Centrifugal pumps comprise axial, mixed-flow and radial types. Positive displacement pumps include piston, screw, sliding vane and rotary lobe types. Conformance to performance standards and reliability of these pumps is very crucial. For instance, pump failure in a cooling system can result in overheating and substantial damage to equipment.

Various end-use industries for industrial pumps include water, wastewater, oil & gas, chemicals, food & beverages and others. Centrifugal pumps are the extensively used type because of their low cost, low maintenance and long service life. Centrifugal pumps are used in high-flow, low head applications with low fluid viscosity. In contrast, positive displacement pumps are used in low-flow, high head applications with high viscosity fluids and accurately controlled flow applications. Centrifugal pumps are anticipated to lead in terms of market share. The various services in power generation segment such as boiler feed, circulation, sludge handling and cooling stations are the largest market for centrifugal pumps. Positive displacement pumps find extensive use in renewable power generation such as micro-hydroelectric power generation; however, this type find limited application in the power generation industry.

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The global industrial pump market has been witnessing new developments in micro disc pump technology. One of the key factors contributing to growth of this market is the increase in infrastructural development. China, India and other Asian and African countries are experiencing robust...