Industry News

Xylem Inc. to Set Up New Pump and Rental Business in Dubai

UAE: Xylem Inc, a leading water technology company, has announced to set up new pump rental and service business in Jebel Ali, Dubai. In January 2016, the company had made an investment of USD35 million to expand its business in MENA region. This investment would also aid Xylem to build local capabilities such as pump manufacturing facility, a pump rental and services business and various corporate offices in UAE and Oman, thereby facilitating its expansion in the region. Growing demand for pumps and dewatering solutions in distinct construction projects to keep the project sites free of unwanted water is attributed to the growing demand for rental services for water pumps in the country. Dubai, currently having a large number of undergoing construction projects worth around USD390.8 billion, provides better opportunities for Xylem’s new pump rental and service business. Xylem offers innovative pumping solutions under its ‘Flygt’ and ‘Godwin’ brands in order to meet the requirements of various customers. Therefore, the new pump and rental service is expected to address the growing demand for water pumps from the construction, industrial and mining sector in Dubai.

TechSci Research depicts that the establishment of this pump and rental facility in Dubai is anticipated to expand Xylem’s business in the MENA region. Additionally, the new plant is expected to solve the customers critical water challenges in the region.

According to the recently published report by TechSci Research, Global Water Pumps Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011 - 2025”, global water pumps market is projected to cross US$ 67 billion by 2025, on account of increasing water scarcity, and growing need to upgrade existing water pump base and replace older pumps. Moreover, increasing installation of water recycling and water & wastewater treatment systems, especially in China and India, for desalination and cleaning wastewater generated by municipalities and other industries is projected to boost demand for water pumps. Oil & gas, chemicals, food & beverage and pharmaceuticals are the other major demand generators for water pumps across the globe.

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