Double Suction Pump Market Forecasts to 2030 – Global Analysis By Type (Horizontal Split and Vertical Split), Material, Application, End User and By Geography

Double Suction Pump Market Forecasts to 2030 – Global Analysis By Type (Horizontal Split and Vertical Split), Material, Application, End User and By Geography

According to Stratistics MRC, the Global Double Suction Pump Market is accounted for $23.3 billion in 2023 and is expected to reach $36.2 billion by 2030 growing at a CAGR of 6.5% during the forecast period. A double suction pump is a centrifugal pump design with two suction inlet ports, allowing fluid to enter from both sides simultaneously. This design enhances hydraulic balance, reducing axial thrust and improving pump efficiency. By evenly distributing the fluid intake, it minimizes vibrations and extends the pump's lifespan. Double suction pumps are often used in large-scale applications such as water supply systems, HVAC systems, and industrial processes where high flow rates are required. Their symmetrical design facilitates easy installation and maintenance.

Market Dynamics:

Driver:

Growing demand for clean water

Treating raw water to meet quality standards for drinking water requires various processes such as filtration, disinfection, and chemical treatment. Double suction pumps are utilized in these treatment processes to circulate water through filtration systems, transport chemicals for treatment, and maintain water flow rates. The increasing demand for clean water necessitates the use of more pumps in water treatment facilities, thereby boosting the market for double suction pumps.

Restraint:

High upfront costs

Customers may perceive the high upfront costs of double suction pumps as resulting in a long payback period before they can realize significant cost savings through energy efficiency and reduced maintenance. This perception can deter investment in high-efficiency pumping solutions, despite their potential long-term benefits. Decision-makers may opt for cheaper alternatives or postpone investments in pump upgrades or replacements, impacting overall project timelines and objectives.

Opportunity:

Rising demand for energy efficiency

The demand for energy efficiency stimulates innovation and product development within the double suction pump market. Manufacturers invest in research and development to improve pump designs, materials, and technologies aimed at enhancing efficiency and reducing energy consumption. This leads to the introduction of new and advanced double suction pump models tailored to meet the increasing demand for energy-efficient solutions.

Threat:

Limited applicability in low-flow applications

Customers with low-flow applications who mistakenly choose double suction pumps may experience dissatisfaction due to suboptimal pump performance. Double suction pumps are designed for high-flow conditions, and using them in low-flow scenarios can lead to inefficient operation, increased energy consumption, and higher maintenance costs. This may result in negative feedback, reduced customer loyalty, and potential damage to the brand reputation of manufacturers.

Covid-19 Impact

Initially, the market experienced disruptions due to supply chain challenges, labor shortages, and reduced demand caused by lockdowns and economic uncertainties. However, as industries gradually resumed operations and governments invested in infrastructure projects for pandemic recovery, the demand for double suction pumps increased in sectors such as water treatment, agriculture, and manufacturing. Additionally, heightened awareness of ventilation systems for indoor air quality improvement also drove demand. Overall, while the pandemic posed short-term challenges, the long-term outlook for the double suction pump market remains positive, driven by infrastructure investments and industrial activities.

The horizontal split segment is expected to be the largest during the forecast period

The horizontal split segment is estimated to have a lucrative growth, due to easier access to internal components for maintenance and repair, leading to reduced downtime and improved overall efficiency of double suction pumps. This improvement in reliability and ease of maintenance can make horizontal split casing pumps more attractive to customers, potentially increasing their demand in the market. Additionally By offering a horizontal split casing option alongside traditional vertical split casing designs, manufacturers can broaden their market reach and cater to a wider range of customer needs and preferences.

The water & wastewater segment is expected to have the highest CAGR during the forecast period

The water & wastewater segment is anticipated to witness the highest CAGR growth during the forecast period, Water and wastewater treatment plants require reliable and efficient pumps for processes such as raw water intake, circulation, filtration, and distribution. Double suction pumps are commonly used in these facilities due to their high flow rates and energy efficiency. As the demand for clean water and effective wastewater treatment continues to rise, so does the demand for double suction pumps.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to Factors influencing the Asia Pacific double suction pump market include economic growth, infrastructure development, industrialization, urbanization, and government initiatives for water management and environmental protection. Additionally, technological advancements leading to more efficient and durable pump designs, as well as increasing demand for energy-efficient solutions, also play a crucial role in shaping the market dynamics.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period. Double suction pumps are centrifugal pumps with a design that allows fluid to enter from both sides of the impeller, providing balanced hydraulic flow and reducing axial thrust. These pumps are commonly used in applications such as water supply, HVAC systems, irrigation, and industrial processes. Additionally, the adoption of digitalization and IoT technologies in pump systems is also impacting the market by enabling remote monitoring, predictive maintenance, and optimization of pump performance.

Key players in the market

Some of the key players in the Double Suction Pump Market include Andritz AG, Armstrong Fluid Technology, Calpeda S.p.A., Crompton Greaves Consumer Electricals Limited, Ebara Corporation, Flowserve Corporation, Grundfos, Kirloskar Brothers Limited, KSB SE & Co. KGaA, Pentair plc, Ruhrpumpen Group, Shanghai East Pump Group Co., Ltd., SPP Pumps, Sulzer Ltd., Tsurumi Manufacturing Co., Ltd., Wilo SE and Xylem Inc.

Key Developments:

In April 2024, Metsä Group collaborates with ANDRITZ on textile fiber mill pre-study. This new type of textile fiber, developed by Metsä Group’s innovation company Metsä Spring, is made from Finnish wood.

In April 2024, ANDRITZ launches new intelligent instrument portfolio at Pulp & Beyond in Helsinki. They provide customers with an intelligent instrumentation foundation, paving the way for advanced process optimization.

In March 2024, to meet urgent water and sanitation needs, UNICEF and Xylemare partnering to deliver solutions to severely affected communities in Ethiopia, Somalia, Sudan and Uganda with an emphasis on communities hosting refugees and those displaced by climate impacts.

Types Covered:
• Horizontal Split
• Vertical Split

Materials Covered:
• Cast Iron
• Steel
• Polymer & Composite

Applications Covered:
• Water & Wastewater
• Chemicals
• Irrigation
• Mining & Metals
• Oil & Gas
• Power Generation
• Other Applications

End Users Covered:
• Municipal
• Industrial
• Commercial
• Residential

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements