Growing Automobile Industry to Aid Growth of Global Screw Pumps Market
Increasing
FDI investments in water treatment coupled with growing oil & gas
exploration activities to drive global screw pumps market through 2023
According to TechSci Research report, “Global Screw Pumps Market By Type, By End Use, By Region, Competition, Forecast & Opportunities, 2013-2023’’, the global screw pumps market is
forecast to reach $ 4.6 billion by
2023, predominantly owing to rising concerns regarding hazardous
effects of wastewater. Rising water pollution has resulted in stringent
regulations for wastewater and effluent discharge, which has further resulted
in increasing number of sewage and wastewater treatment facilities across the
globe, especially in developing economies such as India, Brazil, Malaysia, etc.
Thus, expanding water treatment facilities is pushing demand for screw pumps,
globally. Moreover, risk of water scarcity is growing at an alarming rate
across the globe and it is estimated that by 2030, half of the global population
would face water scarcity issues, thereby creating pressure on existing water network
to redesign efficient water management systems, which require water pumping at
several points. Additionally, robust growth in automobile industry across the
globe is driving demand for petrol and diesel, which is further resulting in increasing
demand for screw pumps for drilling activities in oil & gas industry.
Browse 15 market data Tables and 94 Figures
spread through 162 Pages and an in-depth TOC on "Global Screw Pumps
Market"
https://www.techsciresearch.com/report/global-screw-pumps-market/3749.html
Oil
& gas and power industries are the leading end use industries in global
screw pumps market, and they are likely to maintain their position during
forecast period on account of increasing investments in these industries from
public as well as private entities. Among
types, progressive cavity pumps (PCP) account for the largest share in global
screw pumps market
owing to their ability of handling wastewater and slurries efficiently and at
economical rate as compared to other types of screw pumps. Asia-Pacific is the
largest demand generating region for screw pumps, globally, on account of risig
industrialization in countries like China, Japan and India. Moreover, high
skilled workforce, availability of raw material and easy regulation and
policies are pushing screw pumps companies to shift production base from North
America, European nations to Asia-Pacific
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3749
Customers can also request for 10% free customization on this
report.
“Increasing
infrastructure activities, especially in emerging economies, such as smart city
mission, industrial complexes and seaports are boosting demand for screw pumps
to handle wastewater and slurries. Additionally, rising consumer spending and
working population across the world is augmenting demand for packaged food,
which is further resulting in significant growth in food & beverage industry,
thereby driving growth in global screw pumps market as well.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“Global Screw Water Pump Market By Type, By End
Use, By
Region, Competition,
Forecast & Opportunities, 2013-2023” 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
decisions. Besides, the report also identifies and analyzes 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]