Regenerative Turbine Pump Market, Industry Analysis Report, Regional Outlook, Application `Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3621
Regenerative turbine pump market is anticipated to grow on account of rise in demand for wastewater treatment plants across the developing economies. Ongoing research and development activities in the pumping technology along with expansion in oil and gas sector will foster the industry landscape. Increasing adoption of advanced technology for providing energy efficient solutions will positively influence the business growth. The product finds wide application across industrial establishments owning to their capacity of handling high temperature fluids with greater pressure differentials which will enhance regenerative turbine pump market growth.
The ability to provide high delivery heads with compact size and enhanced capacity in handling pure, polluted and non-abrasive pumped liquids will positively influence the regenerative turbine pump market. The key benefits offered by the product including compact design, high gas handling capacity without flow interruption and effective working pressure & temperature range will positively influence the product demand. In addition, their use in car wash installations, chemical & mechanical engineering for cooling and as small boiler feed pump will further foster the business landscape.
The pump’s advanced feature of handling multiphase fluids with minimum cavitation will propel the regenerative turbine pump market size. The product’s usage for enrichment and mixture of gases and liquids enable their wide range applications in biofuel plants, neutralization, drinking water treatment, dissolved air flotation DAF, bioreactors, crude oil water separation in oilfields as well as general process technology. However, high price sensitivity in the industry owing to increasing competition from low-cost manufacturers may restrain the business growth.
Special design features coupled with precision built for high head transmission make the pump suitable for Liquefied Petroleum Gas (LPG) industry. Wide range of application offered by the technology consisting of propane cylinder filling, LPG vaporizer feed and bottle filling will further propel the regenerative turbine pump market. The critical consideration for Autogas application owning to enhanced hydraulic efficiency even at low flow rates will positively influence the product demand. In addition, the key benefits offered including smooth & quiet operation and long service life will fuel the industry growth.
China regenerative turbine pump market is projected to grow on account of increasing disposable income and rapid industrialization & urbanization across the nation. In addition, the increasing usage of liquefied petroleum gas as transportation fuel will stimulate the product penetration. Furthermore, the increasing demand for clean drinking water across the nation has increased the demand for these products. Robust investments across the manufacturing sector including pulp & paper, food & packaging and hydrocarbon industry will boost the industry growth.
The key players operating across the regenerative turbine pump market includes Teikoku, MTH Pumps, Pentair, Speck, PSG, Burks Pumps, Roth Pump, Xylem, KSB, Nikuni, IDEX, Klaus Union, Warrender Ltd., CP Pump, DLT Electric and CRI Group.
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