Middle East and Africa Centrifugal Pump Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Stage (Single Stage and Multistage), Operation Type (Electric, Hydraulic, and Air Driven), Type (Overhung Impeller, Vertically Suspended, and Between Bearing), and Sector (Oil and Gas, Chemicals and Petrochemicals, Mining, Power Generation, Automotive, Agriculture, HVAC, Wastewater Management, and Others)

TIPRE00024350 | Pages: 145 | Energy and Power | Aug 2021 | Type: Regional | Status: Published

Market Introduction

The centrifugal pumps market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and Rest of the MEA. Economic diversification through the establishment of new business and industrial hubs as well as increase in number of infrastructure development projects such as the Shah Sour gas field’s pipeline and Zayed City Infrastructure have fueled the growth of the centrifugal pumps market across the Middle Eastern countries. Further, government-imposed environmental regulations have resulted in the mandatory installation of centrifugal pumps in the industrial sector for wastewater treatment. Future international events such as the FIFA World Cup, to be hosted by Qatar in 2022, and the World Expo, to be organized in Dubai in 2020, are likely to attract greater expenditure in infrastructure developments in the MEA countries, which would trigger the adoption of centrifugal pumps in the construction sector. The growing demand for freshwater in African countries such as South Africa and Nigeria would boost the performance of the centrifugal pump industry in the coming years. Countries such as Saudi Arabia and the UAE are rapidly growing in terms of infrastructure and economy. These countries are also characterized by huge oil resources and water management system which rises the demand for centrifugal pumps and thus more companies are investing in improving these technologies to make them cheaper and more reliable in these regions.

In case of COVID-19, MEA is highly affected especially South Africa. Other major countries in the MEA facing the economic impact of COVID-19 pandemic include Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait. The region is projected to register a swift decline in exports due to lowered demands for raw materials and products from manufacturers across North America, Europe, and APAC; this can be attributed to lowered production activities and disruption of manufacturing in many countries in these regions. Irrespective of the previous projections regarding steady growth of the centrifugal pump market in the MEA due to escalating adoption of the IIoT for centrifugal pumps, and large number of oil refineries located in this region. To enhance resource utilization, improve efficiencies, and enhance worker safety, in Saudi Arabia and the UAE, the imposition of travel restrictions and disruption of supply chains are limiting the centrifugal pump market growth to a certain extent. 


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Market Overview and Dynamics

The MEA centrifugal pump market is expected to grow from US$ 2,597.68 million in 2021 to US$ 3,803.48 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028. Minerals extracted from mining are the backbone of human civilization. These minerals are widely used across industries such as manufacturing, power generation, chemicals and petrochemicals, healthcare and pharmaceuticals, and construction. Currently, copper, coal, iron ore, gold, and aluminum are among the most mined minerals. Moreover, the aggregate revenue of top 40 mining companies has grown steadily from 2016 to 2019. In 2020, they witnessed a fall in revenue due to the COVID-19 outbreak. Mining activities such as transportation of ore and waste in slurries and suspension, separation of minerals using chemical processes, controlling temperature via cooling systems around power generators, suppression of dust during mineral processing, dewatering of mines require enormous volume of water. Centrifugal pumps play a vital role in these applications. Moreover, with the growing rate of industrialization and urbanization, and increasing need of energy, the demand for minerals is projected to rise significantly during the forecast period, which would fuel adoption of centrifugal pumps, thus driving the MEA market growth.     

Key Market Segments

In terms of stage, the single stage segment accounted for the largest share of the MEA centrifugal pump market in 2020. In terms of operation type, the electric segment held a larger market share of the MEA centrifugal pump market in 2020.  In terms of type, the overhung impeller segment held a larger market share of the MEA centrifugal pump market in 2020. Further, the wastewater management segment held a larger share of the MEA centrifugal pump market based on sector in 2020.    

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the MEA centrifugal pump market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are EBARA CORPORATION; Grundfos Holding A/S; KIRLOSKAR BROTHERS LIMITED; KSB SE & Co. KGaA; PLEUGER INDUSTRIES; Sulzer Ltd; The Weir Group PLC; Tsurumi Manufacturing Co., Ltd.; WILO SE; and Xylem Inc.

Reasons to buy report

  • To understand the MEA centrifugal pump market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA centrifugal pump market
  • Efficiently plan M&A and partnership deals in MEA centrifugal pump market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA centrifugal pump market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Centrifugal Pump Market Segmentation

MEA Centrifugal Pump Market - By Stage

  • Single Stage
  • Multistage

MEA Centrifugal Pump Market - By Operation Type

  • Electric
  • Hydraulic
  • Air Driven

MEA Centrifugal Pump Market - By Type 

  • Overhung Impeller
  • Vertically Suspended
  • Between Bearing

MEA Centrifugal Pump Market - By Sector

  • Oil and Gas
  • Chemicals and Petrochemicals
  • Mining
  • Power Generation
  • Automotive
  • Agriculture
  • HVAC
  • Wastewater Management
  • Others

MEA Centrifugal Pump Market - By Country

  • South Africa 
  • Saudi Arabia  
  • UAE
  • Rest of MEA  

MEA Centrifugal Pump Market - Company Profiles

  • EBARA CORPORATION
  • Grundfos Holding A/S    
  • KIRLOSKAR BROTHERS LIMITED
  • KSB SE & Co. KGaA
  • PLEUGER INDUSTRIES
  • Sulzer Ltd  
  • The Weir Group PLC
  • Tsurumi Manufacturing Co., Ltd.
  • WILO SE
  • Xylem Inc.

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        MEA Centrifugal Pump Market – By Stage

1.3.2        MEA Centrifugal Pump Market – By Operation Type

1.3.3        MEA Centrifugal Pump Market – By Type

1.3.4        MEA Centrifugal Pump Market – By Sector

1.3.5        MEA Centrifugal Pump Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Centrifugal Pump Market Landscape

4.1         Market Overview

4.2         MEA SWOT Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           MEA Centrifugal Pump Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Construction Industry

5.1.2        Surging Use of Water in Mining Activities

5.2         Market Restraints

5.2.1        Cavitation Problem in Centrifugal Pumps

5.3         Market Opportunities

5.3.1        Growing Emphasis on Wastewater Treatment

5.4         Future Trends

5.4.1        Burgeoning Adoption of Modern Farming Practices

5.5         Impact Analysis of Drivers and Restraints

6.           Centrifugal Pump Market – MEA Analysis

6.1         MEA Centrifugal Pump Market Overview

6.2         MEA Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

7.           MEA Centrifugal Pump Market Analysis - By Stage

7.1         Overview

7.2         MEA Centrifugal Pump Market Breakdown, by Stage, 2020 and 2028

7.3         Single Stage

7.3.1        Overview

7.3.2        Single Stage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

7.4         Multistage

7.4.1        Overview

7.4.2        Multistage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

8.           MEA Centrifugal Pump Market Analysis - By Operation Type

8.1         Overview

8.2         MEA Centrifugal Pump Market, by Operation Type (2020 and 2028)

8.3         Electric

8.3.1        Overview

8.3.2        Electric: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Hydraulic

8.4.1        Overview

8.4.2        Hydraulic: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Air Driven

8.5.1        Overview

8.5.2        Air Driven: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

9.           MEA Centrifugal Pump Market Analysis - By Type

9.1         Overview

9.2         MEA Centrifugal Pump Market, by Type (2020 and 2028)

9.3         Overhung Impeller

9.3.1        Overview

9.3.2        Overhung Impeller: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Vertically Suspended

9.4.1        Overview

9.4.2        Vertically Suspended: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Between Bearing

9.5.1        Overview

9.5.2        Between Bearing: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

10.        MEA Centrifugal Pump Market Analysis - By Sector

10.1      Overview

10.2      MEA Centrifugal Pump Market Breakdown, by Sector, 2020 and 2028

10.3      Oil and Gas

10.3.1     Overview

10.3.2     Oil and Gas: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.4      Chemicals and Petrochemicals

10.4.1     Overview

10.4.2     Chemicals and Petrochemicals: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.5      Mining

10.5.1     Overview

10.5.2     Mining: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.6      Power Generation

10.6.1     Overview

10.6.2     Power Generation: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.7      Automotive

10.7.1     Overview

10.7.2     Automotive: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.8      Agriculture

10.8.1     Overview

10.8.2     Agriculture: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.9      HVAC

10.9.1     Overview

10.9.2     HVAC: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.10   Wastewater Management

10.10.1  Overview

10.10.2  Wastewater Management: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

10.11   Others

10.11.1  Overview

10.11.2  Others: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

11.        MEA Centrifugal Pump Market – Country Analysis

11.1      Overview

11.1.1     MEA: Centrifugal Pump Market, by Key Country

11.1.1.1       South Africa: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       South Africa: Centrifugal Pump Market, by Stage

11.1.1.1.2       South Africa: Centrifugal Pump Market, by Operation Type

11.1.1.1.3       South Africa: Centrifugal Pump Market, by Type

11.1.1.1.4       South Africa: Centrifugal Pump Market, by Sector

11.1.1.2       Saudi Arabia: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Saudi Arabia: Centrifugal Pump Market, by Stage

11.1.1.2.2       Saudi Arabia: Centrifugal Pump Market, by Operation Type

11.1.1.2.3       Saudi Arabia: Centrifugal Pump Market, by Type

11.1.1.2.4       Saudi Arabia: Centrifugal Pump Market, by Sector

11.1.1.3       UAE: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       UAE: Centrifugal Pump Market, by Stage

11.1.1.3.2       UAE: Centrifugal Pump Market, by Operation Type

11.1.1.3.3       UAE: Centrifugal Pump Market, by Type

11.1.1.3.4       UAE: Centrifugal Pump Market, by Sector

11.1.1.4       Rest of MEA: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       Rest of MEA: Centrifugal Pump Market, by Stage

11.1.1.4.2       Rest of MEA: Centrifugal Pump Market, by Operation Type

11.1.1.4.3       Rest of MEA: Centrifugal Pump Market, by Type

11.1.1.4.4       Rest of MEA: Centrifugal Pump Market, by Sector

12.        Impact of COVID-19 Pandemic on MEA Centrifugal Pump Market

12.1      MEA: Impact Assessment of COVID-19 Pandemic

13.        Industry Landscape

13.1      Overview

13.2      Market Initiative

13.3      New Product Development

14.        Company Profiles

14.1      EBARA CORPORATION

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      Grundfos Holding A/S

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      KIRLOSKAR BROTHERS LIMITED

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      KSB SE & Co. KGaA

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      PLEUGER INDUSTRIES

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      Sulzer Ltd

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      The Weir Group PLC

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      Tsurumi Manufacturing Co., Ltd.

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

14.9      WILO SE

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.9.6     Key Developments

14.10   Xylem Inc.

14.10.1  Key Facts

14.10.2  Business Description

14.10.3  Products and Services

14.10.4  Financial Overview

14.10.5  SWOT Analysis

14.10.6  Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

LIST OF TABLES

Table 1.             MEA Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             South Africa: Centrifugal Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 3.             South Africa: Centrifugal Pump Market, by Operation Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             South Africa: Centrifugal Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             South Africa: Centrifugal Pump Market, by Sector – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Saudi Arabia: Centrifugal Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Saudi Arabia: Centrifugal Pump Market, by Operation Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Saudi Arabia: Centrifugal Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Saudi Arabia: Centrifugal Pump Market, by Sector – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UAE: Centrifugal Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 11.          UAE: Centrifugal Pump Market, by Operation Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          UAE: Centrifugal Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          UAE: Centrifugal Pump Market, by Sector – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of MEA: Centrifugal Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Rest of MEA: Centrifugal Pump Market, by Operation Type – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Rest of MEA: Centrifugal Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of MEA: Centrifugal Pump Market, by Sector – Revenue and Forecast to 2028 (US$ Million)

Table 18.          List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Centrifugal Pump Market Segmentation

Figure 2.           MEA Centrifugal Pump Market Segmentation – By Country

Figure 3.           MEA Centrifugal Pump Market Overview

Figure 4.           Single Stage Segment held the Largest Share of MEA Centrifugal Pump Market

Figure 5.           Electric Segment held the Largest Share of MEA Centrifugal Pump Market

Figure 6.           Overhung Impeller Segment held the Largest Share of MEA Centrifugal Pump Market

Figure 7.           Wastewater Management Segment held the Largest Share of MEA Centrifugal Pump Market

Figure 8.           South Africa to Show Great Traction During Forecast Period

Figure 9.           MEA: SWOT Analysis

Figure 10.        Expert Opinion

Figure 11.        MEA Centrifugal Pump Market Impact Analysis of Drivers and Restraints

Figure 12.        MEA Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        MEA Centrifugal Pump Market Revenue Share, by Stage (2020 and 2028)

Figure 14.        MEA Single Stage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        MEA Multistage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        MEA Centrifugal Pump Market Revenue Share, by Operation Type (2020 and 2028)

Figure 17.        MEA Electric: Centrifugal Pump Market– Revenue and Forecast to 2028 (US$ Million)

Figure 18.        MEA Hydraulic: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        MEA Air Driven: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        MEA Centrifugal Pump Market Revenue Share, by Type (2020 and 2028)

Figure 21.        MEA Overhung Impeller: Centrifugal Pump Market– Revenue and Forecast to 2028 (US$ Million)

Figure 22.        MEA Vertically Suspended: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        MEA Between Bearing: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        MEA Centrifugal Pump Market Revenue Share, by Sector (2020 and 2028)

Figure 25.        MEA Oil and Gas: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        MEA Chemicals and Petrochemicals: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        MEA Mining: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        MEA Power Generation: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 29.        MEA Automotive: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 30.        MEA Agriculture: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 31.        MEA HVAC: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 32.        MEA Wastewater Management: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 33.        MEA Others: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)

Figure 34.        MEA: Centrifugal Pump Market, by Key Country – Revenue (2020) (USD Million)

Figure 35.        MEA: Centrifugal Pump Market Revenue Share, by Key Country (2020 and 2028)

Figure 36.        South Africa: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Saudi Arabia: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        UAE: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Rest of MEA: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Impact of COVID-19 Pandemic in MEA Country Markets

  1. EBARA CORPORATION
  2. Grundfos Holding A/S
  3. KIRLOSKAR BROTHERS LIMITED
  4. KSB SE & Co. KGaA
  5. PLEUGER INDUSTRIES
  6. Sulzer Ltd
  7. The Weir Group PLC
  8. Tsurumi Manufacturing Co., Ltd.
  9. WILO SE
  10. Xylem Inc.      
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA centrifugal pump market.  
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in MEA centrifugal pump market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the centrifugal pump market, as well as those hindering it         
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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