The global chopper pumps market is projected to reach USD 818.4 million in 2022, with demand expected to stay strong throughout the assessment period. This growth is driven by their increasing application in agriculture, leading to an estimated value of USD 1,429 million by 2033, reflecting a CAGR of 5.2% from 2023 to 2033. In 2023, the market is anticipated to achieve a valuation of approximately USD 860.9 million. With the demand for clean, potable water rising due to rapid urbanization, the adoption of efficient pumps is accelerating. Chopper pumps are particularly advantageous as they help prevent clogging, a common issue in water treatment plants, by breaking down heavy solids for smoother flow.
The incorporation of variable frequency drives (VFDs) has been a key factor driving the adoption of chopper pumps. VFDs allow users to adjust flow or pressure based on actual demand, leading to significant cost savings. Additionally, VFDs reduce the need for large wet wells, resulting in space savings. Chopper pumps are also widely used in manure slurries to produce organic fertilizers for agricultural use.
However, the COVID-19 pandemic has negatively impacted manufacturers, with shrinking revenue due to supply chain disruptions and factory closures. The short-term outlook for the chopper pumps market will depend on effective supply chain management and financial measures to maintain liquidity for small and medium-sized enterprises. As the pandemic subsides, the market is expected to recover, offering improved revenue prospects in the long run.
Key Takeaways from the Global Chopper Pumps Market Study
- In terms of outlet diameter, the 100-150 mm segment is the most sought after, accounting for 2/5th of the global chopper pumps market share
- Sewage and wastewater treatment will account for 70% of chopper pumps applications throughout the forecast period
- Boosting torque and drive efficiencies are the key focus areas for chopper pump manufacturers, with a view to enhance output efficiency
- Asia-Pacific is slated to promise lucrative prospects for deeper penetration of chopper pumps in the regional setting
- Global Chopper Pumps Market- Competitive Landscape
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The chopper pumps market is fragmented in nature. Some prominent market players in this landscape are Sulzer Ltd., Vaughan, Landia A/S, Cornell Pump Co., Xylem Inc. and Eddy Pump. These players comprise a quarter of the overall market share.
- The abovementioned players concentrate on reducing maintenance costs and capital expenditure along with product innovation to consolidate their position in the market. An example of this is the manufacturing of a long shaft biogas chopper pump by DPS Ltd. to be installed at its biogas plants in Ireland. The pump is intended to convert cow slurry into useful agricultural products.
- Vaughan Co, a prominent U.S-based pumps supplier, has registered over 20 patents for its range of innovative products. The company has supplied chopper pumps to McCain Foods in order to help them clean up the bean waste which regularly clogged their systems.
Competitive Landscape
The global chopper pump market is fragmented with the presence of several large and medium-scale players. The leading players in the chopper pumps market are investing in strategic agreements in order to capture market share.
Top 10 Key Players in the Chopper Pumps Market
- Vaughan Company
- Crane Pumps & Systems
- CRI-MAN S.p.A.
- CORNELL PUMP COMPANY
- EDDY Pump
- Landia a/s
- Selwood Limited
- Delta Mechanical & Electrical Industries
- Hayward Gordon
- DeTech Pump
Global Chopper Pumps Market Taxonomy
Product Type
- Submersible Chopper Pump
- Cantilever Chopper Pump
- Vertical Dry Pit Chopper Pump
- Self-Priming Chopper Pump
- End Suction Chopper Pump
- Vertical Wet Well Chopper Pump
Outlet Diameter
- Up to 50 mm
- 50-100 mm
- 100-150 mm
- Above 150 mm
Application
- Agriculture
- Municipal
- Water Treatment
- Sewage Treatment
- Automotive
- Steel
- Chemical & Petrochemical
- Food Processing
- Mining
- Paper & Pulp
Region/Country
North America
- U.S
- Canada
Latin America
- Mexico
- Brazil
- Argentina
- Others
Europe
- EU-5
- Nordic countries
- BENELUX
- Russia
- Poland
East Asia
- China
- Japan
South Asia & the Pacific
- India
- ASEAN
- Australia
- New Zealand
MEA
- GCC
- Southern Africa
- North Africa
Report Preview: https://www.futuremarketinsights.com/reports/chopper-pumps-market
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