Saudi Arabia Industrial Pumps Market (2017-2023)
Market Forecast By Type (Centrifugal Pump and Positive Displacement Pump), By Centrifugal Type (Single-Stage Pump, Multi-Stage Pump, Axial & Mixed-Flow Pump, Submersible Pump and Sealless & Circular Pump), By Positive Displacement Type (Reciprocating and Rotary), By Applications (Chemical, Construction, Oil & Gas, Water & Wastewater Treatment, Power and Others), By Regions (Central, Western, Southern and Eastern) and Competitive Landscape.
According to 6Wresearch, Saudi Arabia Industrial Pumps market size is projected to grow at a CAGR of 2.4% during 2017-23. Following the decline in 2015 & 2016, similar trend is expected in 2017 as well. However, the market is anticipated to recover post 2017 due to expected recovery of oil prices, rebound of construction industry, exponential growth across industrial sector and establishment of petrochemical industries, which would drive Saudi Arabia Industrial pumps market forecast period revenues.
Amongst all applications, oil & gas and chemical primarily Petrochemical and Fertilizers (PCF) led Saudi Arabia industrial pumps market share. Significant growth lies ahead for chemical, power and water and wastewater treatment applications.
The Saudi Arabia industrial pumps market report thoroughly covers the market by types, applications, and regions. The Saudi Arabia industrial pumps market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia industrial pumps market trends, opportunities/ high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Industrial Pump Market
Positive Displacement Pump
Centrifugal Pump
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