The global axial flow pump market forecast was valued at $27.4 billion in 2020, and is projected to reach $42.1 billion by 2030, growing at a CAGR of 4.4% from 2021 to 2030. An axial flow pump is a type of centrifugal pump that is designed to move fluid through a system in a direction parallel to the pump shaft. In an axial flow pump, the fluid enters the impeller at the center and is then accelerated by the impeller blades in a radial direction, before being discharged axially through the pump casing.
Buy This Report (238 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/3LVDjLP
Key players operating in the global axial flow pump market include Ebara Corporation, Flowserve Corporation, Grundfos Holdings A/S, Handol Pumps Limited, Hitachi Industrial Products Ltd., ITT Goulds Pump, Pentair PLC, Sulzer Ltd., The Weir Group PLC, and Xylem Inc.
Key characteristics and applications of axial flow pumps:
Flow Direction: As mentioned, axial flow pumps move fluid along the same axis as the pump shaft. This means that fluid enters the pump axially and exits axially, rather than being redirected outward radially as in centrifugal pumps.
Design: Axial flow pumps typically consist of a rotating impeller with blades that resemble those of a propeller. The impeller blades generate lift and push the fluid in the axial direction as they rotate.
Low Head, High Flow: Axial flow pumps are well-suited for applications that require a high flow rate but do not require a significant increase in pressure (low head). Examples include irrigation systems, flood control, cooling water circulation in power plants, and wastewater treatment.
Efficiency: Axial flow pumps are known for their high efficiency when handling large volumes of water or other fluids. They can move a large amount of fluid with relatively low energy consumption.
Sizes: Axial flow pumps come in a range of sizes, from small units used in agriculture and drainage systems to large pumps used in industrial and municipal settings.
Axial flow pumps are commonly used in applications where high flow rates are required, such as in irrigation systems, cooling towers, and large-scale water circulation systems. They are also used in wastewater treatment plants, where they can move large volumes of water through the treatment process.
Axial flow pumps are typically more efficient than other types of centrifugal pumps, such as radial flow pumps, at high flow rates. They can handle large volumes of fluid with low head pressure, but are less effective at generating high pressure. They are also generally less expensive to manufacture than other types of pumps.
Vertical axial flow pumps possess various significant characteristics such as less space requirement, increase overall efficiency, no priming requirement, and others that make them suitable for a wide range of applications.
The utilization of vertical axial flow pumps in sectors such as power plants, chemical industries, water drainage, and others drives the axial flow pump market growth.
Increase in global electricity demand has made power plants produce more electricity where vertical axial pumps are used to transfer the process fluid at different power plant locations.
Get a PDF brochure for Industrial Insights and Business Intelligence: https://www.alliedmarketresearch.com/request-sample/13360
Submersible Variants: Some axial flow pumps are designed to be submersible, meaning they can be placed directly in the fluid they are pumping. Submersible axial flow pumps are commonly used in agricultural irrigation, drainage, and wastewater management.
Variable Pitch Blades: In some axial flow pumps, the blades can have variable pitch angles, allowing for adjustments to optimize performance for different flow and head requirements.
Materials: The construction materials of axial flow pumps can vary based on the application. They are typically made of materials like cast iron, stainless steel, or fiberglass-reinforced plastics for corrosion resistance.
Cavitation Control: Axial flow pumps can be susceptible to cavitation, a phenomenon in which vapor bubbles form and collapse within the pump, potentially causing damage. Proper design and operation are essential to prevent cavitation.
Maintenance: Routine maintenance is necessary to keep axial flow pumps operating efficiently. This includes inspections, lubrication, and monitoring for wear and tear.
Asia-Pacific garnered the highest share of 41.9% in 2020, in terms of revenue, growing at a CAGR of 5.3%. The Asia-Pacific axial flow pump market size is projected to grow at the highest CAGR during the forecast period and accounted for major axial flow pump market share in 2020, owing to growing demand for axial flow pumps among different end-use industries such as pulp & paper, food & beverage, and chemical.
By product type, the market is segregated into horizontal and vertical. The horizontal product type dominated the global market in terms of revenue in 2020, with over two-third of the total share. This is attributed to the fact that use of horizontal shaft type axial flow pumps has advantages such as can be placed on simple foundation, easy accessibility for inspection, can be mounted and dismounted easily, and housing for the pump can be lowered.
The vertical product type is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 4.7% from 2021 to 2030.
The others application is anticipated to register the highest CAGR of 5.1% during the forecast period.
The agriculture end use dominated the global market in terms of revenue in 2020, with over two-seventh of the total share. This is attributed to the fact that the increasing population has surged the demand for crop production where axial flow pumps are widely employed for irrigational purposes.
The food & beverages end-use segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.2% from 2021 to 2030.
COVID-19 analysis
The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/13360
The axial flow pump market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on chemical, petrochemical, fisheries, and other sectors.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: