Reverse Osmosis Pumps Demand to Soar, Centrifugal Pumps to Account for Over 69% of Sales in 2021: Future Market Insights
Future Market Insights (FMI) survey on the reverse osmosis pump market offers insights into key factors impacting the growth from 2021 to 2031. The report offers analysis of the demand outlook and segments the market in terms of technology type, pump type, flow rate, application type, and sales channel.
DUBAI, U.A.E., Aug. 5, 2021 /PRNewswire/ -- The global reverse osmosis pump market size is anticipated to surpass a valuation of US$ 6 billion in the year 2021, as per a study by FMI. Driven by the increasing applications in the water treatment and oil and gas sectors, the market for reverse osmosis pumps is expected to total US$ 14.2 billion by 2031, growing at a CAGR of 8.9% over the forecast period 2021 to 2031.
Historically, the reverse osmosis pump market registered growth at a CAGR of 3.2% between 2016 and 2020. With increasing adoption for reverse osmosis filtration pumps in industrial units and water treatment plants for separating contaminants such as arsenic, bacteria, fluorides, and pesticides, the market is likely to exhibit rapid growth.
The coronavirus pandemic has positively impacted the sales in the residential sector. Reverse osmosis systems address concerns pertaining to water quality by eliminating microbes such as cysts, viruses, protozoans, and others present in the water.
This, coupled with increasing awareness regarding the health among people around the world, especially following the outbreak of COVID-19, will fuel the demand for reverse osmosis pumps in the next few years.
Online sales channels have emerged as the most preferred choice for sales and purchase. Owing to the convenience of easy returns and exchanges, offers, and a broad product portfolio for individuals to choose from, the sales channel is expected to account for over 85% of the market in 2021.
"With increasing investments by governments in municipal water and wastewater treatment especially in the developing economies, the sales of high capacity reverse osmosis pumps are likely to spur through 2031," says the FMI analyst.
Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-11808
Key Takeaways from Reverse Osmosis Pump Market Analysis
- In North America, the U.S. is estimated to remain the dominant market, exhibiting growth at a CAGR of 7% over the forecast period.
- The market in India is expected to expand at a CAGR of more than 15% through 2031, accounting for over 40% of the sales in South Asia and Pacific region.
- Owing to increasing investment in seawater reverse osmosis (SWRO) desalination, the GCC countries are likely to account for a market share of above 49% in MEA.
- China, being the largest exporter of machinery required for filtration of water, the market in the country is anticipated to surge at a CAGR of 7.6% through 2031.
- Based on the technology type, centrifugal pumps are dominating the segment, accounting for more than 69% of the value share by 2021.
Key Drivers
- Shortage of clean water supplies is a key factor fueling the demand for reverse osmosis pumps.
- Increasing use of reverse osmosis pump in oil & gas industry application is driving the market.
- Rising investment in wastewater treatment plants is expected to spur the sales of reverse osmosis pumps.
Discover more about the reverse osmosis pump market with figures and data tables, along with the table of contents. Get Market Alerts https://www.futuremarketinsights.com/get-market-alerts/rep-gb-11808
Competitive Landscape
Companies operating in the reverse osmosis pump market are aiming at optimizing product by creating strategic partnerships with other market players to expand their market revenue share. For instance,
- In October 2019, Flowserve, an America suppliers of industrial and environmental machinery signed an agreement to provide the main pumps for two large sea water reverse osmosis (SWRO) desalination plants, Rabigh-3 and Taweelah in Saudi Arabia and UAE respectively.
- In June 2021, Advanced Watertek, a Dubai based water treatment supplier, announced entering into an agreement to upgrade the existing sea water RO systems to deliver an agreed capacity of 100,000 US Gallons per day in the UAE.
Some of the leading players operating in the reverse osmosis pump market profiled by FMI are:
- Ebara Corporation
- Kubota Corporation
- Xylem Inc.
- Sulzer AG
- Flowserve Corporation
- Grundfos
- Danfoss
- Wier Group
- KSB Group
More Valuable Insights on Reverse Osmosis Pump Market
FMI, in its new report, offers an unbiased analysis of the global reverse osmosis pump market, analyzing forecast statistics through 2021 and beyond. The study reveals growth projections on in the reverse osmosis pump market with detailed segmentation:
By Technology Type:
- Centrifugal Pump
- Single Stage
- Multi Stage
- Diaphragm Pumps
By Pump Type:
- Booster Pump
- Delivery/Demand Pumps
By Flow Rate:
- 0.1 to 0.5 GPM
- 0.5 to 1 GPM
- 1.1 to 5 GPM
- 5 to 20 GPM
- 20 to 100 GPM
- 100 to 500 GPM
- 500 to 1000 GPM
By Application Type:
- Domestic & Commercial
- Filtration Units
- CounterTop Filter Cum Demineralizer
- Industrial RO Filtration Unit
- Manufacturing
- Oil and Gas
- Power Generation
- Seawater Desalination Unit
By Sales Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-11808
Key Questions Covered in the Reverse Osmosis Pump Market Report
- The report offers insight into reverse osmosis pump demand outlook for 2021-2031
- The market survey also highlights projected sales growth for the reverse osmosis pump market between 2021 and 2031
- Reverse osmosis pump market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Reverse osmosis pump market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
Explore FMI's Extensive Coverage on the Industrial Automation Domain
Foodservice Equipment Market: Future Market Insights (FMI) provides a deeper insights on the new trends of global Foodservice Equipment Market while incorporating the impact of ongoing trends, and growth & restraining factors during the forecast period of 2019 to 2029. Market dynamics have been presented on the basis of prominent drivers, trends and opportunities prevailing across key geographies for the aforementioned decade.
Aviation Test Equipment Market: ESOMAR-certified market analysis and consulting company Future Market Insights (FMI) provides incisive coverage on the global Aviation Test Equipment Market over the forecast period of 2015 and 2025. Additionally, to find the effect of COVID-19 on the Aviation Test Equipment Market in general, the study monitor global Aviation Test Equipment sales in 20+ high-growth markets and addresses their end-user in particular.
Shell and Tube Heat Exchangers Market: ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers in-depth insights on key factors of global shell and tube heat exchangers market. The study offers detailed study on key trends that influence the demand for shell and tube heat exchangers. The report covers global demand in more than 20 high potential markets, in addition to an in-depth analysis of the impact of COVID-19 on the global shell and heat exchangers market
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Abhishek Budholiya
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
D: +44 (0) 20 3287 4268
F: +1-845-579-5705
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: Future Market Insights
LinkedIn | Twitter | YouTube
Report: https://www.futuremarketinsights.com/reports/reverse-osmosis-pumps-market
Press Release Source: https://www.futuremarketinsights.com/press-release/reverse-osmosis-pumps-market
SOURCE Future Market Insights
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article