Saudi Arabia Industrial Pumps Market

Industrial pump refers to the heavy-duty process pump that is used to move different kinds of materials, including chemicals, water, wastewater, petroleum, slurry, oil, sludge, and food. There are various types of industrial pumps that are designed to meet the requirement of different industrial applications. The industrial pumps are categorized into three groups: centrifugal pumps, positive displacement pumps, and others.

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The accelerating adoption of industrial pumps in multiple industries and increasing demand for waste treatment and wastewater are some of the major factors proliferating the growth of the Saudi Arabia industrial pumps market. Saudi Arabian government is focusing on treating the wastewater to meet the accelerating demand of water. In terms of wastewater treatment, the country was facing multiple challenges, including low coverage for existing wastewater collection and capital investment required for infrastructure development. Nature is efficient enough in eliminating large amounts of pollution and waste from water, however, treating gallons of wastewater is a challenging task that requires technical innovations. Accumulated wastewater has multiple effects on environment and human health. It affects underwater animals and plants and leads to multiple water-related diseases to people who reside near shores. In Saudi Water Forum 2019, under the theme “Sustainable Water for Sustainable Development” four workshops were conducted which focused on multiple topics including smart technologies in water distribution management. Moreover, the Kingdom of Saudi Arabia considers wastewater an important major water source and focuses on achieving 100% use of treated wastewater by 2025. Thus, the increasing focus of the Saudi Arabian government toward wastewater treatment is surging the demand for industrial pumps in the region.

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On the basis of product, the market is segmented into centrifugal pumps, positive displacement pumps, and others. Among these, the centrifugal industrial pumps would lead the market during the forecast period. This is due to the high adoption of centrifugal pumps for water treatment. It can be used for precise metering amounts of liquid for purpose of treating boiler water, drinking water, wastewater, and swimming pool water. It is also used in applications that require high water pressure, which further fuels the growth of the segment in the market.

Based on the application, the market is segmented into oil & gas, chemicals, construction, power, water & wastewater treatment, and others. Among these, the oil & gas industry would lead the market during the forecast period owing to the higher extraction of oil in the region.

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The major players in the market include Flowserve-Al Rushaid Company Ltd, ITT Saudi Co., The Flowserve Corporation, Sulzer Saudi Pump Company LLC, KSB Pumps Arabia Ltd, Ebara Pumps Saudi Arabia LLC, and SPX Flow Saudi Arabia LLC.

Saudi Arabia Industrial Pumps market has been segmented based on product and application. Based on the product, market is segmented into centrifugal pumps, positive displacement pumps, and others. Based on the application, market is segmented into oil & gas, chemicals, construction, power, water & wastewater treatment, and others.  

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Key questions answered in this research report:

• • At what pace is the Saudi Arabia Industrial Pumps market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the Saudi Arabia Industrial Pumps market? What will be the impact of drivers and restraints in the future?
  • What are the applications of Saudi Arabia Industrial Pumps Market and how they are poised to grow?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Saudi Arabia Industrial Pumps Market by Product

• • Centrifugal Pumps
    • Axial Flow Pump
    • Radial Flow Pump
    • Mixed Flow Pump
  • Positive Displacement Pumps
    • Reciprocating Pumps
    • Rotary Pumps
    • Others
  • Others

Saudi Arabia Industrial Pumps Market by Application

• • Oil & Gas
  • Chemicals
  • Construction
  • Power
  • Water & Wastewater Treatment
  • Others

Leading Market Players (Option: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • Flowserve-Al Rushaid Company Ltd
  • ITT Saudi Co.
  • The Flowserve Corporation
  • Sulzer Saudi Pump Company LLC
  • KSB Pumps Arabia Ltd
  • Ebara Pumps Saudi Arabia LLC
  • SPX Flow Saudi Arabia LLC.