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

Asia-Pacific volute pumps market is anticipated to grow at a steady pace during the forecast period. A volute pump is a spiral pump casing often used in centrifugal pumps. The purpose of the volute is to convert the velocity of the liquid into pressure as the impeller ejects it from the case nozzle. This is achieved by gradually increasing the vortex cross-sectional area, fluid flow area, and fluid static pressure.

As the centrifugal pump impeller rotates, it increases the velocity of the liquid in the pump casing. Because this impeller is eccentric to the volute, the flow area within the pump casing is different and gradually increases. Fluid flow due to impeller action begins at the part of the scroll closest to the impeller with the smallest cross-sectional area. As the fluid moves around the casing to the exit area, it builds up pressure as it fills the enlarged area of ​​the vortex. Therefore, the fluid gains maximum pressure at the exit region where the swirl area is the largest.

From a techno-economic point of view, volute pumps are the best pump option for handling large volumes of water. Volute pumps ensure strength and rigidity and virtually eliminate corrosion and erosion problems. Volute pump housing and suction pipes are made of in situ concrete with rotating metal parts. A volute pump consists of three main sections: a concrete volute and draft tube, a cast embedded component, and a rotating assembly. These pumps are useful for applications that need to handle high flow rates and are ideal for seawater applications. Advantages of centrifugal pumps include high reliability, simple construction, excellent operating performance, vibration-free equipment, and low maintenance costs.

Oil & Gas Industry is Expected to Propel the Asia-Pacific Volute Pumps Market

Asia poses the greatest threat to global net-zero targets due to a single factor: the dominance of fossil fuel energy. The Asian oil and gas industry is a key factor in addressing CO2 emissions. Over the last 40 years, Asia has experienced a significant increase in oil and gas consumption. It accounts for a large part of the overall energy mix and energy supply. Nevertheless, oil and gas are still small in the Asian power mix compared to the rest of the world. The region offsets this with coal, which accounts for more than half of its power generation. Asia lags behind the rest of the world in phasing out fossil fuels. However, this does not diminish the importance of continents in the energy transition. On the contrary, according to the International Energy Agency (IEA), the projected increase in energy demand in Asia over the next 20 years will be a major driver and proxy for global energy trends. In 2018, according to International Association of Oil & Gas Producers, China was by far the largest oil producer in the Asia-Pacific region. Their production was 3.8 million barrels per day, making China accountable for 49% of the region's total production. The other largest producers were Indonesia with 12% share, India with 11% share, and Malaysia with 9% share. Asia-Pacific consumes 35% of the world's oil and processes 34.6 million barrels per day. This consumption has increased by a third over the past ten years. China was the largest consumer in the region. Demand in excess of 13 million barrels per day accounts for 38% of total Asia-Pacific demand. India was the second-largest consumer in the region, with rising wealth and industrialization accounting for 14% of total oil demand in the Asia-Pacific region. Japan was the third largest consumer in the region, accounting for 12%, while South Korea accounted for 8% of the region's total oil consumption. With the exception of Japan, demand across Asia Pacific was at or above record levels in 2017. This demand is expected to drive the growth of the Asia-Pacific volute pumps market during the forecast period.

Recent Developments propelling the Asia-Pacific Volute Pumps Market

Water and wastewater treatment is necessary to meet the demand for water resources. It is essential not only for municipal and agricultural purposes, but also for industrial processes. Wastewater treatment is becoming a priority in many countries and regions around the world. The water and wastewater treatment industry in Southeast Asia is in a growing stage, and countries in the region are at different stages of development. The scale of water and wastewater-related problems is enormous, impacting human health, coastal and terrestrial ecosystems, and climate change. These problems require the introduction of water treatment processes to overcome the problems associated with wastewater treatment. Infrastructure in Southeast Asia looks at some of the initiatives countries are taking. The Cambodian government also plans to build a second small-scale waste treatment plant in 2025, and the Asian Development Bank has signed a USD332.05 million loan package with the Ministry of Economy and Finance, helping Cambodia recover from the effects of the COVID-19 pandemic.

This includes USD30 million for the Greater Mekong Subregion Health Security Project, USD180 million for the Liveable Cities Investment Project, USD82.05 million for the Road Network Improvement Project (Phase 2), and USD40 million for the Comprehensive Financial Sector Development Programme. The Liveable Cities Investment Project will help provide better sanitation and waste management services to more than 140,000 residents of the cities of Bavet, Kampot, and Poipet. The funds will also help improve the city's stormwater and drainage systems and reduce flooding. Vietnam's rapid growth and industrialization have a negative impact on the country's environment and natural resources. According to the World Bank's water report, water productivity is low at around 12% of the global benchmark, and domestic water demand continues to grow. Currently, Vietnam's water supply covers only about 70% of its demand, and the water loss rate is relatively high at about 30%. The country has several centralized wastewater treatment plants and about three quarters of industrial wastewater is discharged into the environment without proper treatment. Vietnam's largest project, the Soc Son Waste Power Generation Project at Hanoi's Nam Son Waste Treatment Complex, began operations in August 2021.

The project consists of a wastewater treatment plant designed to treat 1,740 tons of wastewater per day. It also has the capacity to process 4,000 tons of solid waste. The project required him to invest USD303 million. Singapore used to rely on imports from Johor and Malaysia for its water supply. Singapore has built a robust, diverse, and sustainable water supply from four sources, known as the Four National Taps. These four water sources include water from local catchments, imported water, high-quality treated water known as NEWater, and demineralized water. The NEWater process recycles treated used water into ultra-pure, high-quality treated water. There are currently five NEWater systems in operation in Singapore. Other countries such as India have also adopted his NEWater process in Singapore to improve domestic raw water supplies using highly treated wastewater. Many countries in Southeast Asia are facing severe water shortages. The increased demand for clean water, increased water pollution, stringent government regulations on water treatment, and increased discharge of industrial waste into water bodies require initiatives to expand wastewater treatment plants in these countries.

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Market Segmentation

The Asia-Pacific volute pumps market is divided into type, application, end use, and country. Based on type, the market is bifurcated into metallic pumps and concrete pumps. Based on application, the market is bifurcated into irrigation schemes, cooling water, drainage & flood control and others. Based on end-use, the market is further bifurcated into agriculture & lift irrigation, building services, power, water & wastewater, oil & gas, chemicals and others. Based on country, the market is segmented into China, Japan, India, South Korea, Australia, Vietnam, Indonesia, Singapore, Philippines, Malaysia.

Market Players

Major market players in the Asia-Pacific volute pumps market are 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, and Sulzer Ltd.

Report Scope:

In this report, the Asia-Pacific volute pumps market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Asia-Pacific Volute Pumps Market, By Type:
• Metallic Pumps
• Concrete Pumps
• Asia-Pacific Volute Pumps Market, By Application:
• Irrigation Schemes
• Cooling Water
• Drainage & Flood Control
• Others
• Asia-Pacific Volute Pumps Market, By End-Use:
• Agriculture & Lift Irrigation
• Building Services
• Power
• Water & Wastewater
• Oil & Gas
• Chemicals
• Others  
• Asia-Pacific Volute Pumps Market, By Country:
• China
• Japan
• India
• South Korea
• Australia
• Vietnam
• Indonesia
• Singapore
• Philippines
• Malaysia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Asia-Pacific volute pumps market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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