Wilmington, Delaware, United States, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - In 2021, the global screw pumps market clocked value of US$ 2.47 Bn. The market is anticipated to rise at a CAGR of 6.1% during the forecast period, from 2022 to 2031. The global screw pumps market is estimated to attain valuation of US$ 4.43 Bn by 2031. Screw pumps provide a number of key advantages, including the capacity to operate in a variety of pressures and flows, high-speed capabilities, self-priming with strong suction attributes, high pumping speeds, low internal velocities, and strong tolerance for water vapor and dust particles. Businesses should expand their sophisticated technology R&D. In order to diversify their sources of income, leading players in the screw pumps market are expected to seize other chances.
The increasing need for handling fluids and slurries is expected to drive the global market for screw pumps. The increasing industrialization and escalating costs of wastewater and water treatment throughout the world are likely to contribute toward expansion of the global screw pump market. The screw pump is in greater demand in the oil and gas sector due to its versatility in handling downstream, midstream, and upstream operations.
The food and beverage business depends heavily on screw pumps. Screw pumps are an essential part of several industries due to cutting-edge technologies and a large variety of available choices, which is expected to fuel future market demand for screw pumps. Screw pumps are in high demand due to the global expansion of these industries.
Request Sample Report at - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12485
Key Findings of Market Report
- The market has also benefited greatly from the increase in demand for modernizing the infrastructure used to process water and wastewater. The market has been growing as a result of rising utilization of rotary screw pumps, high-tech twin screw pumps, and also multiple screw pumps in hydraulic fracturing. This has accounted for a sizable portion of the world's total oil and gas output during the last few years.
- In order to stay competitive in the market, screw pump manufacturers are concentrating on creating product designs with better pressure handling or flow capabilities, reduced leakage emission levels, superior resistance to wear and tear, and excellent corrosion resistance. The use of superior materials in product design is becoming a greater priority for manufacturers so as to widen screw pump applications.
- Widespread application of single screw pumps in various end-use industries is expected to be beneficial for them. Due to their capacity to manage pressure and low internal velocities, these single screw pumps are anticipated to remain a popular product type over the projection period in a broad range of industries.
Make an Enquiry before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=12485
Global Screw Pumps Market: Growth Drivers
- The hydraulic fracturing process used in the water and wastewater industries is boosting the use of advanced dry screw vacuum pumps, multiple screw pumps, and spindle screw pumps. Many industries that deal with a variety of fluids on a regular basis employ eccentric screw pumps and twin screw pumps.
- The market for screw pumps is anticipated to be dominated by Asia Pacific during the projected period, trailed by Europe. In countries like India and China there exists robust distribution networks and there are several suppliers & exporters of screw pumps. When analyzing imports and exports of screw pumps in 2020, China had the highest trade value.
Global Screw Pumps Market: Key Players
Some of the key market players are
- NETZSCH Pumps & Systems
- CIRCOR International Inc.
- KRAL GmbH
- Dover Corporation
- Alfa Laval Corporate AB
- Iwaki Co. Ltd.
Ask for References - https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=12485
Global Screw Pumps Market: Segmentation
Type
- Single screw/eccentric screw/ progressive cavity pumps
- Twin screw pumps
- Three screw pumps
- Multiple screw pumps
Max Pressure
- Up to 16 Bar
- 17-35 Bar
- 36-50 Bar
- 50-80 Bar
- Above 80 bar
End Use
- Oil & Gas
- Power
- Water and Wastewater Treatment
- Food & Beverage
- Chemicals
- Others
Distribution Channel
- Direct
- Indirect
Factory Automation Research Reports
Winch Market - The global winch market is expected to reach US$ 2,471.8 Mn by the end of 2031, it is predicted to grow at a CAGR of 4.9% from 2022 to 2031
Hoist Market - The global hoist market is expected to reach value of US$ 4,283.2 Mn by the end of 2031, it is estimated to expand at a CAGR of 5.3% from 2022 to 2031
Fluid Coupling Market - The global fluid coupling market is expected to surpass value of US$ 1.5 Bn by the end of 2031, it is estimated to expand at a CAGR of 4.3% from 2022 to 2031
Industrial Fasteners Market - The global industrial fasteners market is expected to reach value of US$ 131.56 Bn by the end of 2031, expand at a CAGR of 3.2% from 2022 to 2031
Gear Box and Gear Motors Market - The global gear box and gear motors market is expected to exceed value of US$ 22 Bn by the end of 2031, grow at a CAGR of 4.1% from 2022 to 2031
Palletizing System Market - The global palletizing system market is expected to reach the value of US$ 3475.2 Mn by the end of 2031, expand at a CAGR of 4.9% from 2022 to 2031
Sewage Pump Market - The global sewage pump market is expected to reach US$ 21.6 Bn by the end of 2031, grow at a CAGR of 6.5% from 2022 to 2031
Solar Pumps Market - The solar pumps market is expected to reach US$ 3.38 Bn by the end of 2031, it is estimated to advance at a CAGR of 11.1% from 2022 to 2031
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: 1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
![](https://ml.globenewswire.com/media/OGQxYzgwNTgtM2ZkOS00N2M0LTljMTgtY2ExOGE5YTI3NDJiLTUwMDAyNzE4MQ==/tiny/Transparency-Market-Research.png)