At 3.8% CAGR, the South & Central America Chopper Pumps Market is Projected to be worth US$ 59.68 million by 2030, says Business Market Insights

According to Business Market Insights research, the South & Central America chopper pumps market was valued at US$ 44.11 million in 2022 and is expected to reach US$ 59.68 million by 2030, registering a CAGR of 3.8% from 2022 to 2030. Rising demand for chopper pumps in chemical and food processing sectors and increasing application of chopper pumps in agricultural sector are among the critical factors attributed to the South & Central America chopper pumps market expansion.               

A chopper pump is a type of centrifugal pump with a cutting system that enables the chopping or shredding of solids in the extracted liquid. The main benefit of this type of pump is that the shredding system chops all solids, avoiding clogging of the pump itself and connected piping. With the rising population and urbanization, the requirement for chemically treated food products has increased worldwide. With the changing infrastructure and processes and strict environmental protection policies, the chemical and food processing factories must maintain proper drainage systems to avoid any pollution created by the byproducts. The factories need proper waste treatment and sewage infrastructure with advanced pumping systems to work in line with environmental protection and human health policies. The rising advancement in chemical and food processing industries is driving the South & Central America chopper pumps market. High end capabilities of chopper pumps to handle hard and concentrated wastes have driven the application of it in several sectors and, simultaneously, it is also contributing to the growth of the South & Central America chopper pumps market worldwide.  

On the contrary, high cost of maintenance hurdles the growth of South & Central America chopper pumps market.

Based on type, the South & Central America 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 South & Central America chopper pumps market in 2022, amassing US$ 13.86 million. It is projected to garner US$ 20.39 million by 2030 to expand at 4.9% CAGR during 2022–2030.

Based on end user, the South & Central America 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 40.1% share of South & Central America chopper pumps market in 2022, amassing US$ 17.67 million. It is projected to garner US$ 23.39 million by 2030 to expand at 3.6% CAGR during 2022–2030.

Based on country, the South & Central America chopper pumps market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 58.7% share of South & Central America chopper pumps market in 2022. It was assessed at US$ 25.87 million in 2022 and is likely to hit US$ 36.11 million by 2030, exhibiting a CAGR of 4.3% during 2022–2030.  

Key players operating in the South & Central America chopper pumps market are Cri-Man SpA, EDDY Pump Corp, Landia AS, Sulzer Ltd, T-T Pumps Ltd, Vaughan Co Inc, WAMGROUP SpA, and Xylem Inc, among others.

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