Screw Pumps Market to Cross $6.9 Billion by 2026
Increasing
oil & gas exploration activities and growing infrastructure developments to
drive global screw pumps market through 2026
According to TechSci Research
report, “Global
Screw Pumps Market By Type, By End Use
Sector, Competition
Forecast & Opportunities, 2012 – 2026”, the global screw pumps market is projected to reach $6.98
billion by 2026. Growing demand from end use industries such as oil & gas, water
treatment, food & beverage, chemicals, power, etc. coupled with increasing
commercialization is expected to steer demand for screw pumps across the globe
during 2017 – 2026.
Browse 9 market data Tables and
83 Figures spread through 140 Pages and an in-depth TOC on "Global
Screw Pumps Market"
https://www.techsciresearch.com/report/global-screw-pumps-market-by-type-progressive-cavity-pumps-twin-screw-pumps-triple-screw-pumps-by-end-use-sector-oil-gas-water-treatment-power-chemicals-food-beverages-others-competition-forecast-opportunities/1007.html
Despite of slowdown
in oil exploration activities since 2014, oil & gas sector remains the
largest end use sector for screw pumps, globally. Power and water treatment
industries are expected to emerge as the fastest growing end use sectors for
screw pumps across the globe during forecast period on account of increasing investments
from public as well as private entities. In the United States, the utility
capital expenditure on wastewater treatment plants is projected to increase
from USD7,562 million in 2014 to USD8,657 million by 2018. While, in China,
industrial water treatment market surpassed USD6.1 billion in 2015, and is
projected to continue showcasing robust growth in coming years as well. Expanding
water treatment industry is anticipated to necessitate the requirement for
screw pumps during forecast period.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1007
Customers
can also request for 10% free customization on this report.
“Progressive Cavity Pumps
(PCP) accounted for the largest share in global screw pumps market in 2016. During
the forecast period, PCP would continue to remain the largest segment in global
screw pumps market, however the fastest growth is anticipated to be registered by
twin screw pumps segment. Asia-Pacific was the largest demand generating region
for screw pumps across the world in 2016 owing to growing industrialization in China
and India.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Global Screw
Pumps Market By Type, By End Use Sector, Competition Forecast &
Opportunities, 2012 – 2026” has evaluated the future growth potential
of global screw pumps market and provides statistics and information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
evaluation. Besides, the report also identifies and analyses the emerging
trends along with essential drivers, challenges and opportunities in global screw
pumps market.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium
market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]