Global Industrial API 610 Centrifugal Pumps Market Growth 2023-2029

Global Industrial API 610 Centrifugal Pumps Market Growth 2023-2029

API 610 Centrifugal Pump is the API 610 standard or ISO 13709 standard centrifugal pumps and is primarily intended for use in the petroleum, natural gas and chemical industries. As ISO 13709 is identical to and is fundamentally an adoption of API 610

LPI (LP Information)' newest research report, the “Industrial API 610 Centrifugal Pumps Industry Forecast” looks at past sales and reviews total world Industrial API 610 Centrifugal Pumps sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial API 610 Centrifugal Pumps sales for 2023 through 2029. With Industrial API 610 Centrifugal Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial API 610 Centrifugal Pumps industry.

This Insight Report provides a comprehensive analysis of the global Industrial API 610 Centrifugal Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial API 610 Centrifugal Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial API 610 Centrifugal Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial API 610 Centrifugal Pumps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial API 610 Centrifugal Pumps.

The global Industrial API 610 Centrifugal Pumps market size is projected to grow from US$ 1108.4 million in 2022 to US$ 1442.7 million in 2029; it is expected to grow at a CAGR of 1442.7 from 2023 to 2029.

Global key players of API 610 Centrifugal Pumps include Flowserve, KSB, Sulzer, Ruhrpumpen, Trillium Flow Technologies, etc. The top five players hold a share over 50%. North America is the largest market, has a share about 33%, followed by Europe and Asia-Pacific, with share 23% and 30%, separately. In terms of product type, Vertical is the largest segment, occupied for a share of 52%, and in terms of application, Oil and Gas has a share about 65 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial API 610 Centrifugal Pumps market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Vertical
Horizontal

Segmentation by application
Oil and Gas
Chemical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sundyne
Ebara Corporation
Beijing Aerospace Propulsion Institute (N0. 11 Institute)
APX Flow
KSB
Ruhrpumpen
ITT Goulds Pumps
Sulzer
Carver Pump
Trillium Pumps
Flowserve
PSG Dover

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial API 610 Centrifugal Pumps market?

What factors are driving Industrial API 610 Centrifugal Pumps market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial API 610 Centrifugal Pumps market opportunities vary by end market size?

How does Industrial API 610 Centrifugal Pumps break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.