Industrial Pumps Market in Russia 2023

Industrial Pumps Market in Russia 2023

Industrial pumps are used in a wide range of applications across various industries, including manufacturing, mining, construction, water treatment, and oil and gas. These pumps are designed to move fluids, such as water, oil, chemicals, and gases, from one location to another, often at high pressures and flow rates. According to the latest research, the industrial pumps market in Russia is poised to grow by USD 0.4 billion during 2023-2029, progressing at a CAGR of 3.2% during the forecast period.

This industry report offers market estimates of the Russia market, followed by a detailed analysis of the application. The Russia market data on industrial pumps can be segmented by application: chemicals, food and beverages, mining, oil and gas, power generation, water and wastewater treatment, others. Oil and gas was the highest contributor to the industrial pumps market in Russia. Going forward, the power generation segment is projected to witness the highest CAGR during the forecast period.

The Russia industrial pumps market is highly competitive. The report also includes the profiles of leading companies such as Almaz LLC, Baker Hughes Company, Borets LLC, Grundfos AS, Halliburton Company, HMS Hydraulic Machines & Systems Group PLC, KSB LLC, Novomet Group, Rimera Group, Rosatom State Atomiс Energy Corporation, Schlumberger Limited, The Weir Group plc, Volgogradneftemash OAO, Weatherford International plc, Wilo SE.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.

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