Asia-Pacific Volute Pumps Market Expected To Grow At A Robust CAGR
Asia-Pacific volute pumps market is
expected to grow during the forecast period due to growth in end-user
industries such as oil & gas and water & wastewater.
According
to TechSci Research report, “Asia-Pacific Volute Pumps Market- By Country,
Competition, Forecast & Opportunities, 2028”, the Asia-Pacific volute
pumps market is anticipated to register robust growth during the forecast
period.
Volute
pumps and turbine pumps are types of centrifugal pumps, depending on the type
of housing offered. They have different designs and functional principles.
Centrifugal pumps have an impeller surrounded by a volute casing. Liquid enters
the pump and is sent to the impeller where it is accelerated by centrifugal
force. The liquid then exits the impeller and flows into the volute casing
where it is directed to the outlet. The helix helps steer the fluid to slow it
down and increase its pressure. Centrifugal pump performance can be improved by
creating an annular space called a vortex chamber between the impeller and the
volute. The main advantage of single volutes is their simplicity.
The
Asia-Pacific region is home to some of the fastest-growing economies in the
world, such as China, India, and Indonesia. This has led to a significant
increase in industrialization in the region, which, in turn, has increased the
demand for volute pumps. In addition, the region is also seeing a rise in the
number of irrigation schemes, which is further boosting the demand for volute
pumps.
The
main advantage of double volute over single volute is to balance the radial
load on the impeller. Bearing failure is the second leading cause of pump failure,
so minimizing radial bearing loads throughout the operating range can have a
significant impact on pump life. However, the double helix adds additional
hydraulic resistance.
Volute
pumps and turbine pumps are types of centrifugal pumps, depending on the type
of casing offered. They have different design and functional principles. Volute
pumps have an impeller surrounded by a volute casing. Liquid enters the pump
and is sent to the impeller where it is accelerated by centrifugal force. The
liquid then exits the impeller and flows into the volute casing where it is
directed to the outlet. The helix helps steer the fluid to slow it down and
increase its pressure. Volute pump performance can be improved by creating an
annular space called a vortex chamber between the impeller and the volute.
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Based
on type, the market is bifurcated into metallic pumps and concrete pumps. The
concrete pumps segment is expected to dominate the market during the forecast
period. The industrial sector's rising need for reliable power supply is
anticipated to fuel market expansion. The Concrete Volute Pump (CVP) is a
single-stage vertical drywell pump that employs a precast concrete centrifugal
pump casing. CVP has an expandable rotor. Different materials are available for
metal focusers, depending on the liquid to be pumped. CVP pumps are used in
cooling water, flood control, drainage, and irrigation applications. From a
technical and economic point of view, concrete spiral pumps are the best pump
option for pumping large amount of water. Concrete spiral is strong and rigid,
virtually eliminating corrosion and erosion problems. It also ensures higher
and more consistent pump efficiency over longer periods of operation.
Additionally, it has a simple structure and easy maintenance feature, which
makes it reliable. Other features include the centrifugal pump's
corrosion-resistant concrete casing and the few metal parts in contact with the
pump's liquid, which reduces material costs in corrosive/erosive applications
such as robust concrete, reduced vibration due to jacket construction, low
noise, low inspection, and maintenance requirements.
Key market players in the Asia-Pacific volute pumps
market include:
- Shanghai Kai Quan Pump (Group)
Co. Ltd
- Watson-Marlow Inc.
- GRUNDFOS Holding A/S
- Gardner Denver
- Kirloskar Brothers Limited
- Flowserve Corporation
- Honda Kiko Co Ltd
- Andritz AG
- WPIL Limited
- Sulzer Ltd
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“The
Asia-Pacific volute pumps market is expected to grow during the projected
period due to an increase in oil & gas and water & wastewater
industries. The concrete pump segment is expected to be the dominant segment
during the forecast period,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“Asia-Pacific
Volute Pumps Market By Type (Metallic Pumps, Concrete Pumps), By Application
(Irrigation Schemes, Cooling Water, Drainage & Flood Control, Others), By
End Use (Agriculture & Lift Irrigation, Building Services, Power, Water
& Wastewater, Oil & Gas, Chemicals, Others), By Country, Competition, Forecast
and Opportunities, 2028”, has
evaluated the future growth potential of the Asia-Pacific volute pumps market
and provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the Asia-Pacific
volute pumps market.
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