A split casing pump is a type of centrifugal pump in which the case is separated by two separate chambers. Concerning the impeller along a vertical plane, a split casing pump is designed and divided accordingly. In higher flow applications, a split casing pump is assisted by bearings on both sides. One advantage with respect to higher flow pumps is that the split casing pump has opposite suction and discharge connections in the lower half of the case.
The key factors contributing to the growth of split casing pumps Market are increased demand for dual-drive pumps to minimize downtime, increased demand for lightweight and reduced floor space for all kind of pumps.
Furthermore, increased demand for better efficiency and low operating cost pumps along with rising investment in new product development focusing into R&D activities are anticipated to boost the split casing pumps Market. Growth in pump sales is expected to aid the split casing pumps market expand during the forecast period.
A challenging factor which could pose a threat to the growing split casing pumps Market is the high product cost as the pump comprises of two stuffing boxes, so two seals or packaging sets are necessary per pump. The price fluctuations of materials like cast iron, ductile iron could affect the growth of split casing pumps market. Such factors may negatively impact for the growth of split casing pumps market.
Emergence of natural gas and its rising number will accelerate the split casing pumps Market growth and open opportunistic avenues in the coming years. Installation of split casing pumps is expected to witness surge in various industries such as agriculture, chemical, oil and natural gas etc.
It is anticipated that low cost and high efficiency provided by pump casing materials such as plastics will aid in the forecast period in the sales growth of pump casing materials. Water infrastructure industry growth is expected to propel the requirement for pumps, which in turn is expected to contribute to the growth of Split Casing Pumps market.
A trending factor in the split casing pumps market is the variety of product offering wherein split casing pumps can be customized into in various shapes, sizes as per the requirement in power industries. Estimated factors that propel the global pump casing market are the rise in infrastructure development, especially in developing economies.
The split casing pumps market is highly fragmented in Asia-Pacific owing to a dominant share of players in unorganized segment currently dominating the market. Rising construction industry will create favorable platform for the sales of split casing pumps, in emerging economies such as China and India.
North America, out of all regions is expected to witness decent growth in split casing pumps market in the near future adhering to demand from the chemical and oil and natural gas industries. Middle East and Africa region has a well-established oil and natural gas industry and a moderately growing construction and chemicals industry.
It is projected that the growth of these industries in the Middle East and Africa will help to increase pump demand and growth of split casing pumps market.
Due to the high mining activity in the northern parts of Europe along with rising chemical and construction industries, Europe is anticipated to fuel demand for split casing pumps. Split casing pumps materials are expected to grow in witness growth in sales in Latin America owing to the increase in pump demand from the region's moderately rising infrastructure industry.
Some of the key market participants in the global Split Casing Pumps Market are as follows:
“The research report on Split Casing Pumps market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The Split Casing Pumps market report also contains projections using a suitable set of assumptions and methodologies. The research report on Split Casing Pumps market provides analysis and information according to market segments such as product type, material type, capacity and end use.
The Split Casing Pumps market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Split Casing Pumps market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Split Casing Pumps market report also maps the qualitative impact of various market factors on market segments and geographies.
Based on type, the global Split Casing Pumps Market can be segmented into:
Based on Application, the global Split Casing Pumps Market can be segmented into:
Based on End Use Industry, the global Split Casing Pumps Market can be segmented into:
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