Lewes, DE -- (SBWIRE) -- 11/25/2017 -- Report forecast the global pumps market in water and wastewater treatment sector to grow at a CAGR of 6.16% during the period 2017-2021.

Pumps are important components used in all industries. They are used for moving or raising fluid from one point to another within the plant or from one plant to another. Pumps are generally classified into centrifugal and positive displacement pumps. Centrifugal pumps are widely used in industries owing to their simple design, low cost, and ease of operation. Positive displacement pumps are used in areas where fluid flow is constant or fluid viscosity is high. The chemical, food and beverage, mining, oil and gas, and water and wastewater treatment industries are major consumers of pumps. Pumps are one of the key components of the water and wastewater treatment sector and a major consumer of electricity. They are used in nearly every area in the wastewater treatment value chain.

The report covers the present scenario and the growth prospects of the global pumps market in water and wastewater treatment sector for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value and installation services.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is Emerging filtration technologies. In the last few years, conventional filtration techniques were the preferred choice for separation in water and wastewater treatment plants, owing to their low cost. However, several plants are now incorporating innovative filtration techniques. For instance, membrane technology is a filtration technique that is becoming increasingly popular due to its minimal use of chemicals, lower maintenance cost, and high degree of water quality. Its low use of chemicals has made it an ideal green technology for wastewater treatment in industries such as oil and gas that are subject to stringent regulations. Membrane bioreactor (MBR) is one such membrane filtration technology that has gained popularity in industrial wastewater treatment. With an increase in water quality standards and the emergence of new types of contaminants, the demand for new membrane technology has been increasing.

Further, the report states that one of the major factors hindering the growth of this market is High equipment and operation cost. A large amount of electric power is required to transfer water through pumps. A typical wastewater treatment plant requires 30% to 40% of energy. With the rise in energy prices, utility costs are increasing, which has plummeted operating costs of equipment such as pumps in water treatment plants, as these are one of the major consumers of electric power. Pumps are also prone to corrosion problems, sludge accumulation, and severe water flow, which require frequent replacement. These increasing costs have limited the growth potential for pumps in the water and wastewater treatment sector.

Global Pumps Market in Water and Wastewater Treatment Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global pumps market in water and wastewater treatment sectorFlowserve, Grundfos, ITT, KSB, Sulzer, and Wilo:

Other Prominent Vendors in the market are: BBA pumps, Blue-White Industries, General Electric Power, SPP Pumps, and Xylem.

Market driver
- Emerging filtration technologies
- For a full, detailed list, view our report

Market challenge
- High equipment and operation cost
- For a full, detailed list, view our report

Market trend
- Use of ultrasonic level sensors for pump control
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 70 pages "Global Pumps Market in Water and Wastewater Treatment Sector 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by application, Market segmentation by type, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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