Chopper Pumps Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Submersible Chopper Pump, Cantilever Chopper Pump, Vertical Dry Pit Chopper Pump, Self-Priming Chopper Pump, End Suction Chopper Pump, and Vertical Wet Well Chopper Pump) and End-User (Agriculture, Food and Beverages, Water and Wastewater Treatment Plant, Chemical and Petrochemical, and Others)
The chopper pumps market was valued at US$ 1,109.69 million in 2022 and is projected to reach US$ 1,714.89 million by 2030; it is expected to grow at a CAGR of 5.6% during 2022–2030.
Cornell Pump Company, Crane Pumps and Systems, CRI-Man S.P.A, Sulzer Ltd., T-T Pumps, Eddy Pump Corporation, Xylem Inc., Vaughan Company, and Wamgroup S.P.A are among the noteworthy companies in chopper pumps market. New product development, upgrade of existing product ranges, collaboration with other companies for better product innovation, and focus on research & development are the major business strategies followed by the companies operating in the chopper pumps market. In addition, some companies are also emphasizing on expanding their business through establishing offices or expanding their product base in a particular geographic location. The major chopper pumps market players are focusing on strengthening their market position by expanding product lines and increasing strategic alliances for better market penetration worldwide.
Wastewater treatment is one of the prime targets of several countries, including China, India, and Japan. Stringent environmental policies on discharging waste effluents in water bodies such as lakes, ponds, and rivers have boosted the necessity for wastewater treatment in Asia Pacific. Chopper pumps play a key responsibility in wastewater treatment facilities because they can control fluids with a high concentration of solids. The growing focus on developing wastewater treatment facilities is also positively influencing the application of chopper pumps.
Saudi Arabia, the UAE, and South Africa are prominent countries aiding the chopper pumps market growth in the Middle East & Africa. The growing significance of water and wastewater treatment, sewage management infrastructure, and managing harmful disposables from the chemical industry in water bodies is boosting the application of chopper pumps in the Middle East & Africa.
Cantilever chopper pumps are centrifugal pumps commonly used in sump pump applications. They are available in horizontal and vertical designs and various forms, including submersible motors. They are commonly utilized in applications involving slurry and solids handling. Cantilever chopper pumps provide several advantages when used in wet or other liquid-filled settings. Cantilever pumps are frequently used in numerous industrial applications where liquids or slurries are conveyed and processed, as well as sump pump applications. They can be found in chemical plants, waste treatment facilities, food processing, paper and pulp manufacturing, steel and other metal processing, etc. Owing to the wide range of industrial applications, various manufacturers such as Sulzer, Vaughan, and CRI-MAN are constantly emphasizing their research & developments to launch superior products. For instance, in 2021, Sulzer launched VA vertical cantilever pump, with an update focusing on building a sturdy and reliable cantilever pump with the latest and most efficient hydraulics. The VA pump line was created to pump various clean and contaminated liquids and slurry. The pump's hydraulic coverage has been expanded to include energy-efficient, non-clogging, and wear-resistant alternatives, as well as the core process and slurry pump portfolio hydraulics. The vertical construction was also improved as part of the refurbishment. All such factors are contributing to the chopper pumps market growth.
Cornell Pump Company, Crane Pumps and Systems, Cri-Man SpA, Eddy Pump Corporation, Landia A/S, Sulzer Ltd, T-T Pumps, Vaughan Company, Wamgroup SpA, and Xylem Inc are among the key chopper pumps market players.
The overall chopper pumps market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the chopper pumps market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. Participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the chopper pumps market.