Energia
Burgeoning Investments across Oil & Gas Industry Assisting Sales of Chemical Injection Pumps, Details Fact.MR Report
It has been analyzed that pneumatic and hydraulic pumps together account close to 50% of total sales of chemical injection pumps. While electrically powered pumps alone acquire over a third of overall sales, reports Fact.MR study. At present, the high selling aspect of electric chemical injection pumps is qualified to their greater adoption across the oil and gas industry with an aim to achieve reduced methane emissions.
The incorporation of digitalization is set to deliver opportunities for the optimization of operations and maintenance of chemical injection pumps. Furthermore, advanced analytical methods and monitoring equipment which permit predictive maintenance are empowering end-users to revamp the pump uptime, thus motivating profitability for manufacturing players.
Segmented (Pneumatic, Electric, Hydraulic, Others), By (Centrifugal Pumps, Positive Displacement Pump, Others), By ,
With the growing demand for petroleum and petrochemical products, there has been significant investments happening across the oil and gas industry. As per report specifics, major funds are invested to deploy vital high-tech industrial equipment such as chemical injection pumps. Hence, major opportunities are expected to be served for competitors in the chemical injection pumps market during the forecast period.
The report discloses the bolstering chemical injection pumps market across East Asia which is expected to account more than 30% share in the global market during 2019. On the other hand, South Asia is also estimated to be ranked among the major regional markets in terms of chemical injection pumps sales. According to this study, both the regions would function as prime opportunity centers for stakeholders in the near future. The impact of constantly rising petrochemicals demand as well as growing concerns associated to deleterious effects of poor water quality have led to soaring investments in the oil & gas and water treatment sectors across East and South Asian countries.
The final section of the assessment stresses on the competitive scenario active in the global chemical injection pumps market. Each of the mentioned players is examined thoroughly to enlighten the readers. Some of the leading players included in the report are SPX FLOW, Inc., Graco Inc., Axflow, Lewa GmbH, Idex Corporation and Bruin Instruments Corp.
- Industrial battery charger market is projected to register ~8% CAGR through 2028, primarily driven by the significant growth in transmission and distribution infrastructure, further backed by high replacement rate of aging power infrastructure.
With the rapidly expanding range of end-use applications of hydraulic filters, the global market is estimated to grow at a healthy 4.5% CAGR during the forecast period 2018-2028. Asia Pacific is a leading market for hydraulic filters with over one-third revenue share of the global market.
The global forestry equipment market was valued close to US$ 4 Bn in 2018, and is anticipated to grow at a CAGR of 5% through 2028. Europe is expected to remain the leading as well as high-growth market for forestry machinery. Financial support through the common agricultural policy (CAP) to rural areas, and measures taken by EU countries to fund forestry activities via national development programs continue to underpin sales of forestry machinery in the region.
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
LOGO: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg