According to Future Market Insights, the reverse osmosis pump market is estimated to exceed US$ 6.1 billion in 2021, owing to increased applications in the oil and gas and water treatment industries (FMI). The demand for reverse osmosis pumps is expected to expand at an 8.9 percent CAGR between 2021 and 2031.
The market experienced an astounding 8.7 percent yearly growth between 2020 and 2021. By 2031, it’s estimated to be valued more than US$ 14.3 billion. Estimates of the reverse osmosis pump market predict that through 2031, centrifugal pump sales will continue to be significant, accounting for more than 71% of total revenue.
Historically, between 2016 and 2020, the reverse osmosis pump market grew at a CAGR of 3.2%. The market is predicted to increase quickly due to the growing use of reverse osmosis filtration pumps in industrial settings and water treatment facilities for removing impurities such arsenic, bacteria, fluorides, and pesticides.
The coronavirus pandemic has positively impacted the sales in the residential sector. Reverse osmosis systems address concerns pertaining to water quality by eliminating microbes such as cysts, viruses, protozoans, and others present in the water.
Request a report sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-11808
This, coupled with increasing awareness regarding the health among people around the world, especially following the outbreak of COVID-19, will fuel the demand for reverse osmosis pumps in the next few years.
Online sales channels have emerged as the most preferred choice for sales and purchase. Owing to the convenience of easy returns and exchanges, offers, and a broad product portfolio for individuals to choose from, the sales channel is expected to account for over 85% of the market in 2021.
Key Takeaways from Reverse Osmosis Pump Market Analysis
- In North America, the U.S. is estimated to remain the dominant market, exhibiting growth at a CAGR of 7% over the forecast period.
- The market in India is expected to expand at a CAGR of more than 15% through 2031, accounting for over 40% of the sales in South Asia and Pacific region.
- Owing to increasing investment in seawater reverse osmosis (SWRO) desalination, the GCC countries are likely to account for a market share of above 49% in MEA.
- China, being the largest exporter of machinery required for filtration of water, the market in the country is anticipated to surge at a CAGR of 7.6% through 2031.
- Based on the technology type, centrifugal pumps are dominating the segment, accounting for more than 69% of the value share by 2021.
Key Drivers
- Shortage of clean water supplies is a key factor fueling the demand for reverse osmosis pumps.
- Increasing use of reverse osmosis pump in oil & gas industry application is driving the market.
- Rising investment in wastewater treatment plants is expected to spur the sales of reverse osmosis pumps.
Ask Us Your Questions About This Report @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-11808
Competitive Landscape
Companies operating in the reverse osmosis pump market are aiming at optimizing product by creating strategic partnerships with other market players to expand their market revenue share. For instance,
- In October 2019, Flowserve, an America suppliers of industrial and environmental machinery signed an agreement to provide the main pumps for two large sea water reverse osmosis (SWRO) desalination plants, Rabigh-3 and Taweelah in Saudi Arabia and UAE respectively.
- In June 2021, Advanced Watertek, a Dubai based water treatment supplier, announced entering into an agreement to upgrade the existing sea water RO systems to deliver an agreed capacity of 100,000 US Gallons per day in the UAE.
Some of the leading players operating in the reverse osmosis pump market profiled by FMI are:
- Ebara Corporation
- Kubota Corporation
- Xylem Inc.
- Sulzer AG
- Flowserve Corporation
- Grundfos
- Danfoss
- Wier Group
- KSB Group
Reverse Osmosis Pump Market by Category
By Technology Type:
- Centrifugal Pump
- Single Stage
- Multi Stage
- Diaphragm Pumps
By Pump Type:
- Booster Pump
- Delivery/Demand Pumps
By Flow Rate:
- 0.1 to 0.5 GPM
- 0.5 to 1 GPM
- 1.1 to 5 GPM
- 5 to 20 GPM
- 20 to 100 GPM
- 100 to 500 GPM
- 500 to 1000 GPM
By Application Type:
- Domestic & Commercial
- Filtration Units
- CounterTop Filter Cum Demineralizer
- Industrial RO Filtration Unit
- Manufacturing
- Oil and Gas
- Power Generation
- Seawater Desalination Unit
By Sales Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
Key Questions Covered in the Reverse Osmosis Pump Market Report
- The report offers insight into reverse osmosis pump demand outlook for 2021-2031
- The market survey also highlights projected sales growth for the reverse osmosis pump market between 2021 and 2031
- Reverse osmosis pump market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Reverse osmosis pump market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
Request Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-11808
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us :
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports