DUBLIN, May 27, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/lt2n2g/global_screw) has announced the addition of the "Global Screw Pumps Market Forecast and Opportunities, 2020" report to their offering.
The global market for screw pumps is projected to grow at CAGR of over 8% till 2020
Progressive cavity pumps accounted for a lion's share in the global screw pumps market, while twin screw pumps are projected to demonstrate growth at a robust pace during the forecast period. Asia-Pacific constitutes the largest regional market for screw pumps in the world due to growing demand from developing economies in the region. Recent upsurge in infrastructural development projects in process industries, rising standards of living and rapid industrialization are driving the need for sanitation, infrastructure and food delivery systems in the region, thus fueling growth in the market for screw pumps.
Additionally, increase in the oil exploration activities in China is projected to contribute to the growing demand for screw pumps from the region. EMEA is projected to demonstrate growth at a robust pace due to the growing need for refurbishing wastewater infrastructure in the EU and rise in number of greenfield and brownfield chemical & petrochemical ventures in the MENA. Discovery of new shale oil and gas reserves in the US along with the growing demand for waste water treatment are sustaining market growth prospects in the Americas.
Screw pumps are a type of positive displacement that employ one or several screws to move solids or fluids along the screw axis. Technological advancements in screw pump technologies has given birth to a number of multiple-axis technologies that are employed across various end user segments for multiple applications. Screw pumps play an essential role in numerous aspects including, sewage, water and waste water treatment, food & beverage manufacturing, oil extraction, hydraulic fracturing, chemical industry for extraction and processing of raw materials to manufacture finished products. Rising demand for screw pumps is a result of massive urbanization and industrialization being witnessed globally.
Additionally, growing demand for energy has led to a tremendous upsurge in the offshore exploration and production activities which has in turn led to an increased demand for screw pumps, globally. In addition, the launch of hygienic screw pumps by companies have increased their applications across food and beverage, and pharmaceutical sector for pumping various fluids and food products which needs to be protected from contaminants.
Global Screw Pumps Market Forecast & Opportunities, 2020 discusses the following aspects related to global screw pumps market:
- Revolutionary Dry Screw Pump - Growing Use in Industrial Vacuum Applications
- Energy Efficient Screw Pump to Reduce Operating Cost by 40%
- Hygienic Twin-Screw Pumps for Food Industry
- New Triple Screw Pump for Hydraulic Cooling, Lubrication & Fuel Transfer
- New Melt Pumps Require No Inlet Pressure
- Fish Friendly Screw Pumps
- New Screw Pumps for API Applications
- New Spiral Technology
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Screw Pumps: Product Overview
4. Global Water Pumps Market Outlook
5. Global Screw Pumps Market Outlook
6. Asia-Pacific Screw Pumps Market Outlook
7. Americas Screw Pumps Market Outlook
8. EMEA Screw Pumps Market Outlook
9. Trends & Developments
10. Market Dynamics
11. Competitive Landscape
12. Strategic Recommendations
- Colfax Corporation
- NETZSCH Pumps & Systems
- PSG Dover
- ITT Bornemann
- LeistritzPumpen GmbH
- SEEPEX GMBH.
- KRAL AG
- SEIM S.r.l. - Screw Pumps
- Flowserve Corporation
- Gardner Denver, Inc.
- SPX Corporation
- IWAKI CO., LTD.
- Alfa Laval
- Roto Pumps Ltd.
- Mono Pumps Ltd
- Hydro Prokav Pumps India Pvt. Ltd
- PumpenfabrikWangen GmbH
- Albany Engineering Limited
- Roper Pump Company
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SOURCE Research and Markets