Latin America Positive Displacement Pumps Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Latin America positive displacement pump market is expected to grow at a CAGR of 5.2% during the forecast period of the year 2022 to 2027. With the uncertainties of COVID-19 in consideration, the pandemic's direct and indirect impacts on many end-use industries are being tracked and evaluated on a regular basis. These findings are cited in the study as a significant market contributor. The increased need for wastewater treatment from the refining, chemical, and pharmaceutical industries is driving market expansion.
Key HighlightsLatin America positive displacement pumps market is fairly fragmented market. Some of the key players in the market include Flowserve Corp., Atlas Copco, Xylem Inc., etc.
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