Zion Market Research Global Water Pump Market, 2015–2021 | Page 3

Water Pump Market
pipe.In addition, positive displacement pumps are also called as constant flow
machines.Based on the mechanism used to transport the fluid,the positive displacement
pump segment is further sub-segmented as rotary-type positive displacement pump,
reciprocating-type positive displacement pump, and linear-type positive displacement pump.
Centrifugal pumps are widely used in buildings, wells, hot water circulation systems, and fire
protection systems in various industries. Positive displacement pumps are used in various
industries such as pharmaceutical, pulp and paper, food and beverage, chemical, and
waste water treatment.
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Asia Pacific accounted for the highest market share of the water pump market and is
anticipated to witness the highest growth in the near future. Europe and North America
dominate the global market trailing Asia Pacific in terms of growth. Infrastructural
development in the developing economies of Asia Pacific such as India and China is
boosting the market for water pumps. In addition, increasing construction and waste water
treatment in India and China also impact the water pump market in a positive way.
Conversely, poor financial conditions of farmers who prefer spending on indigenous water
pumps rather than pumps of global brand emerge as the key restraining factor hindering the
growth of the global water pump market.
Major players of the water pump market includeSaudi Pump Factory, Flowserve Co., Sulzer
Ltd.,Watson Marlow Inc., Torishima PumpMfg. Co. Ltd., Henan Province Xixia Automobile
Water Pump Co. Ltd., and Gardner Denver. Other key players who dominate the market are