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Asia Pacific Side Channel Pumps Market Size By End-User (Chemical {Liquid Transfer, Boiler Feed, LPG Pumping, Heating/ Air Conditioning}, Food & Beverage, Pharmaceutical, Petrochemical, Shipbuilding, Water Treatment, Oil & Gas) & Forecast, 2021 - 2027

  • Report ID: GMI5144
  • Published Date: Oct 2021
  • Report Format: PDF

Industry Statistics Overview

Asia Pacific Side Channel Pumps Market size exceeded USD 163.9 million in 2020 and is estimated to exhibit 7% CAGR from 2021 to 2027. The growth of various end-use sectors in the region is creating lucrative opportunities for industry participants.

Asia Pacific Side Channel Pumps Market

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The volatility in raw materials used for manufacturing side channel pumps is projected to hinder the market growth. Prices of steel, iron, and other materials are very volatile and not pre decided; hence, the manufacturer has to risk his own profit margin in the whole process. Manufacturers can try outsourcing raw materials from different countries, where prices are low, but it will result in even higher freight costs, and the risks of fluctuating currency exchange will make the situation even worse. Increasing the raw material prices will eventually increase the cost of manufacturing, and manufacturers cannot pass the whole additional cost to the consumers due to the resulting high cost of the product.

Rising water treatment industry

The water treatment segment generated about USD 22.5 million in 2020. Water treatment is a key application segment for these pumps and the industry is expected to witness high growth through 2027. Rising sanitation requirements in developing nations, such as China, India, Malaysia, Indonesia, etc. is driving the market demand.

Liquid transfer application to dominate the chemical end use

 APAC Side Channel Pumps Market By Chemical End-user Industry

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The liquid transfer segment is predicted to hold more than 30% of the Asia Pacific side channel pumps market share in 2027 on account of self-priming and it is more suitable for pressure-dependent circulation regulation. The side channel pumps are highly used for liquid transfer and boiler feed applications. The side channel pumps can also transfer various type of volatile liquids such as solvents, petrol, kerosene, diesel.

Growth in pharmaceutical industry due to COVID-19

The pharmaceutical application is anticipated to register growth rate of around 5.5% through 2027. Asia Pacific is the fastest growing in the pharmaceutical sector fueled by the introduction of new drugs, expenditure on R&D, compliance with various regulations, competition, etc. Investments in research & development of pharmaceutical products have been continuously developing in China and Japan over the past decade. With the breakout of the COVID-19, the Chinese pharmaceutical industry initially faced many challenges propelled by short-term pressure on budgets but since the last quarter of 2020, the pharmaceutical industry has opened with new expectations and scope.

China to hold a significant share owing to the presence of various end use industries

Asia Pacific Side Channel Pumps Market By Country

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China side channel pumps market is poised to reach over 12 thousand units demand by 2027. This is attributable to the large manufacturing capabilities of the China across sectors and significantly growing investment in industries. Side channel pumps are extensively used in chemical applications and China is likely to establish itself as a leading market in the chemical industry.

Competitive Market Analysis

The regional industry is highly fragmented impelled by the challenging growth and market dynamics. Technological advancements to improve cost-effectiveness and product portfolio expansion are the key strategies adopted. Wide application areas make the market more competitive. Intensity of industry rivalry is expected to be moderate to high owing to the increasing environmental concerns and stringent government regulations.

Some of the key players in Asia Pacific side channel pumps market are Flowserve Corporation, SERO PumpSystems GmbH, KSB SE & Co. KGaA, CIRCOR Industrial, SPECK Pumpen, and Dev Engineers.

The manufacturers have also formed long-term agreements with their suppliers in order to ensure consistent supply and to avoid price fluctuations. Some of the key strategies adopted by top participants include production capacity expansion, strategic partnerships, mergers & acquisitions, new product launches, etc. For instance, in June 2021, SPECK Pumpen acquired K-Form, a long-standing supplier of plastic pump casings and plastic components.  This will help the company to ensure a constant supply of materials and avoid major price fluctuations.

This market research report on Asia Pacific side channel pumps includes in-depth coverage of the industry with estimates & forecast in terms of volume in units and revenue in USD thousand from 2017 to 2027 for the following segments

Market, By End-user

  • Chemical
    • Liquid transfer
    • Boiler feed
    • LPG pumping
    • Heating/ air conditioning
    • Others
  • Food and beverage
  • Pharmaceutical
  • Petrochemical
  • Shipbuilding
  • Water treatment
  • Oil & gas
  • Others

The above information is provided on a regional and country basis for the following:

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific


Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific side channel pumps surpassed USD 163.9 million in 2020 and will witness a CAGR of over 7.0% through 2027 with the increasing chemical production in the region.

Water treatment segment valued at around USD 22.5 million in 2020 owing to the increasing product application for pumping wastewater to water purification installations, sumps, and cellars.

Pharmaceutical segment is set to witness 5.5% CAGR through 2027 with increasing demand for injecting chemicals or liquid substances during the production processes.

The key companies operating in the industry are Flowserve Corporation, SERO PumpSystems GmbH, KSB SE & Co. KGaA, CIRCOR Industrial, SPECK Pumpen, and Dev Engineers among others.

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 12
  • Tables & Figures: 106
  • Countries covered: 6
  • Pages: 120
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