At 5.3% CAGR, the Europe Chopper Pumps Market is Projected to be worth US$ 484.46 million by 2030, says Business Market Insights

According to Business Market Insights research, the Europe chopper pumps market was valued at US$ 320.07 million in 2022 and is expected to reach US$ 484.46 million by 2030, registering a CAGR of 5.3% from 2022 to 2030. Growing use of chopper pumps in wastewater treatment and rising demand for chopper pumps in chemical and food processing sectors are among the critical factors attributed to the Europe chopper pumps market expansion.               

Volumes of wastewater have been gradually increasing over time with the rising population, developments in water supply, augmented living standards, and financial growth. Every year, ~380 billion m3 (cubic meters) of municipal wastewater is produced globally. The wastewater is mostly generated by households and industries. In addition, the volume of sewage is also rising in line with population growth. Wastewater and sewage contain toxic substances, harmful chemicals, and trash correlated with contemporary consumer lifestyles. Sewage carries microbial pollutants, plastic particles, and residues of medications that can pollute water and impact food security and human health. The issue is severe in heavily populated areas that lack treatment facilities. Governments of several countries are focusing on installing proper wastewater and sewage treatment facilities to protect the environment from pollution. The growing use of chopper pumps in water and wastewater treatment facilities and sewage management infrastructures is leading the market's growth.  

On the contrary, high cost of maintenance hurdles the growth of Europe chopper pumps market.

Based on type, the Europe chopper pumps market is segmented into 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. The submersible chopper pump segment held 31.4% share of Europe chopper pumps market in 2022, amassing US$ 100.63 million. It is projected to garner US$ 165.15 million by 2030 to expand at 6.4% CAGR during 2022–2030.

Based on end user, the Europe chopper pumps market is segmented into agriculture, food and beverages, water and wastewater treatment plant, chemical and petrochemical, and others. The water and wastewater treatment plant segment held 40.6% share of Europe chopper pumps market in 2022, amassing US$ 129.91 million. It is projected to garner US$ 192.29 million by 2030 to expand at 5.0% CAGR during 2022–2030.

Based on country, the Europe chopper pumps market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 26.1% share of Europe chopper pumps market in 2022. It was assessed at US$ 83.65 million in 2022 and is likely to hit US$ 125.91 million by 2030, exhibiting a CAGR of 5.2% during 2022–2030.  

Key players operating in the Europe chopper pumps market are Cri-Man SpA, Landia AS, Sulzer Ltd, T-T Pumps Ltd, Vaughan Co Inc, WAMGROUP SpA, and Xylem Inc, among others.

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