Canned Motor Pumps Market Analysis Report Revealing 4 Key Points For the Growth in Global Industry with Forecast till 2026

Rockville, US, 2018-May-28 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting the market growth of global canned motor pumps market. The study is titled as “Canned Motor Pumps Market Research Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global canned motor pumps market.

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Canned Motor Pumps Considered as Effective Alternative to Centrifugal Pumps

More and more seal-less canned motor pumps are witnessing adoption for conveying of liquefied gases in the chemical sector. This is mainly because of their low life cycle costs, significant noise reduction, higher operational safety & efficacy, and particularly owing to their high degree of eco-friendliness. Canned motor pumps are being considered as an effective and safe alternative to the conventional centrifugal pumps, as well as the magnetic drive pumps. Environment awareness that has propelled over the past few years has led to the implementation of stricter regulations apropos to safety and health on the petrochemical and chemical plants.

Canned motor pumps, which are completely leakage-free and deprived of shaft sealing, significantly contribute to maintenance of such regulations. These pumps comply with the API (American Petroleum Institute) 685 specification, which standardizes seal-less pumps’ application in the petrochemical industry and refineries.

4 Key Takeaways from Fact.MR’s Report on Canned Motor Pumps Market

1- Asia-Pacific excluding Japan (APEJ) is expected to remain dominant in the global canned motor pumps market, in terms of volume as well as revenues. The region is also expected to remain the fastest expanding market for canned motor pumps.

2- In terms of revenues, the markets in North America and Europe are projected to exhibit similar CAGRs through 2026. However, in terms of volume, the market in Europe will continue to exhibit a comparatively faster expansion than that in North America.

3- Revenues from sales of canned motor pumps in Latin America and Middle-East & Africa (MEA) will remain sluggish, and will increase at an approximately similar CAGR through 2026.

4- Volume sales of standard pumps and high temperature pumps will remain significantly higher than all the other product segments included in the report. However, revenues from these two product segments will remain relatively lower in the market. In addition, revenues from sales of reverse circulation pumps and multistage pumps will account for the largest market shares during the forecast period. Multistage pumps are anticipated to witness the lowest volume sales in the market during 2017 to 2026.

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Table of Contents:

1. Global Economic Outlook
2. Global Market – Executive Summary
3. Global Market Overview
   3.1. Introduction
   3.1.1. Global Market Taxonomy
   3.1.2. Global Market Definition
   3.2. Global Market Size (US$ Mn) and Forecast, 2012-2026
   3.2.1. Global Market Y-o-Y Growth
   3.3. Global Market Dynamics
   3.4. Supply Chain
   3.5. Product Life Cycle
   3.6. PESTLE Analysis
   3.7. Cost Structure
   3.8. Porter’s Five
   3.9. Intensity Map
4. Global Market Analysis and Forecast 2012-2026 
   4.1. Global Market Size and Forecast By Product Type, 2012-2026
   4.1.1. Standard Pumps Market Size and Forecast, 2012-2026
   4.1.1.1. Revenue (US$ Mn) and Volume Comparison, By Region
   4.1.1.2. Market Share Comparison, By Region
   4.1.1.3. Y-o-Y growth Comparison, By Region

Continued……..

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