North America Magnetic Drive Pumps Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Flow Rate (Upto 80 m3/hr, 81–200 m3/hr, 201–500 m3/hr, and Above 500 m3/hr), Material (Polypropylene, Polyvinylidene Fluoride, Stainless Steel, Nickel Alloys, PFA, and ETFE), Application (Chemical Processing, Water Treatment, Surface Treatment, Food Processing, Oil & Gas, and Renewable Energies), and Pump Type (Side Channel Pumps, Centrifugal Pumps, and Others)

Code: TIPRE00029130 | Pages: 88 | Industry: Manufacturing and Construction | Date: May 2022
Covid

The North America magnetic drive pumps market is expected to grow from US$ 219.14 million in 2021 to US$ 351.70 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028.

 

The food & beverages industry involves processing raw meats and the production of spirits and wines. The US food industry is valued at over ~US$ 500 billion; it includes processing foods from raw materials to finished products, which are good for consumption by animals and humans. The food & beverage industry emphasizes the quality and sanitation of the equipment and finished products. A magnetic drive pump can help pump several chemicals, including detergents, sanitizers, and cleaning chemicals. The continuous increase in the number of food processing units is a key factor driving the growth of the magnetic drive pumps market. Magnetic drive pump operation is similar to a standard centrifugal pump, except for the removed motor shaft seal. This results in eliminating leaks that are sometimes caused by shaft seal failure. Moreover, many soft drink producers require a magnetic drive pump for moving the syrup to their respective blending stations. The magnetic drive pump's magnetic coupling eliminates the requirement for rotating mechanical seals and eradicates the possibility of leakages at the seal points. Thus, the increasing food & beverages sector is expected to drive the magnetic drive pumps market in the coming years. 

 

With the new features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the North America magnetic drive pumps market. The North America magnetic drive pumps market is expected to grow at a good CAGR during the forecast period.

 

North America Magnetic Drive Pumps Market Revenue and Forecast to 2028 (US$ Million)

North America Magnetic Drive Pumps Market Revenue and Forecast to 2028 (US$ Million)

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North America Magnetic Drive Pumps Market Segmentation    

 

The North America magnetic drive pumps market is segmented based on flow rate, material, application, pump type, and country. Based on flow rate, the North America magnetic drive pumps market is segmented into upto 80 m3/hr, 81–200 m3/hr, 201–500 m3/hr, and above 500 m3/hr. The 81–200 m3/hr segment dominated the market in 2020. Based on material, the North America magnetic drive pumps market is segmented into polypropylene, polyvinylidene fluoride, stainless steel, nickel alloys, PFA, and ETFE. The stainless steel segment led the market in 2020.  Based on application, the North America magnetic drive pumps market is segmented into chemical processing, water treatment, surface treatment, food processing, oil & gas, and renewable energies. The chemical processing segment dominated the market in 2020. Based on pump type, the North America magnetic drive pumps market is segmented into side channel pumps, centrifugal pumps, and others. The centrifugal pumps segment led the market in 2020. Based on country, the North America magnetic drive pumps market is segmented into the US, Canada, and Mexico. The US segment dominated the market in 2020.

 

CP Pumpen AG; Dickow Pump Company; Finish Thompson Inc.; Flowserve Corporation; HERMETIC-Pumpen GmbH; ITT Goulds Pumps; IWAKI CO., LTD.; Klaus Union; KSB SE & Co. KGaA; Sulzer Ltd; and Sundyne are among the leading companies in the North America magnetic drive pumps market. 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Magnetic Drive Pumps Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America – PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Magnetic Drive Pumps Market – Key Industry Dynamics

5.1         Market Drivers

5.1.1        Expansion of Food & Beverages Processing Sector Across the North America

5.1.2        Less Maintenance Requirement of Magnetic Drive Pumps

5.2         Market Restraints

5.2.1        Limited Solid Handling Capabilities

5.3         Market Opportunities

5.3.1        Increasing Production of Biodiesel Across the North America

5.4         Future Trends

5.4.1        Increasing Adoption of Green Technologies for Industrial Applications

5.5         Impact Analysis of Drivers and Restraints

6.           Magnetic Drive Pumps – North America Market Analysis

6.1         Magnetic Drive Pumps Market North America Overview

6.2         North America Magnetic Drive Pumps Market Revenue Forecast and Analysis

7.           North America Magnetic Drive Pumps Market Analysis – By Flow Rate

7.1         Overview

7.2         North America Magnetic Drive Pumps Market, By Flow Rate (2020 and 2028)

7.3         Upto 80 m3/hr

7.4 – 200 m3/hr

7.5 - 500 m3/hr

7.6         Above 500 m3/hr

8.           North America Magnetic Drive Pumps Market Analysis – By Material

8.1         Overview

8.2         North America Magnetic Drive Pumps Market, By Material (2020 and 2028)

8.3         Polypropylene

8.3.1        Overview

8.3.2        Polypropylene: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

8.4         Polyvinylidene Fluoride

8.4.1        Overview

8.4.2        Polyvinylidene Fluoride: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

8.5         Stainless Steel

8.5.1        Overview

8.5.2        Stainless Steel: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

8.6         Nickel Alloys

8.6.1        Overview

8.6.2        Nickel Alloys: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

8.7         PFA

8.7.1        Overview

8.7.2        PFA: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

8.8         ETFE

8.8.1        Overview

8.8.2        ETFE: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

9.           North America Magnetic Drive Pumps Market Analysis – By Application

9.1         Overview

9.2         North America Magnetic Drive Pumps Market, By Application (2020 and 2028)

9.3         Chemical Processing

9.3.1        Overview

9.3.2        Chemical Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

9.4         Water Treatment

9.4.1        Overview

9.4.2        Water Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

9.5         Surface Treatment

9.5.1        Overview

9.5.2        Surface Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

9.6         Food Processing

9.6.1        Overview

9.6.2        Food Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

9.7         Oil & Gas

9.7.1        Overview

9.7.2        Oil & Gas: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

9.8         Renewable Energies

9.8.1        Overview

9.8.2        Renewable Energies: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

10.        North America Magnetic Drive Pumps Market Analysis – By Pump Type

10.1      Overview

10.2      North America Magnetic Drive Pumps Market, By Pump Type (2020 and 2028)

10.3      Side Channel Pump

10.3.1     Overview

10.3.2     Side Channel Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

10.4      Centrifugal Pump

10.4.1     Overview

10.4.2     Centrifugal Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

10.5      Others

10.5.1     Overview

10.5.2     Others: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

11.        North America Magnetic Drive Pumps Market – Country Analysis

11.1      Overview

11.1.1     North America: Magnetic Drive Pumps Market Breakdown, by Country

11.1.1.1       US: Magnetic Drive Pumps Market – Revenue and Forecast to 2028

11.1.1.1.1       US: Magnetic Drive Pumps Market Breakdown, by Flow Rate

11.1.1.1.2       US: Magnetic Drive Pumps Market Breakdown, by Material

11.1.1.1.3       US: Magnetic Drive Pumps Market Breakdown, by Application

11.1.1.1.4       US: Magnetic Drive Pumps Market Breakdown, by Pump Type

11.1.1.2       Canada: Magnetic Drive Pumps Market – Revenue and Forecast to 2028

11.1.1.2.1       Canada: Magnetic Drive Pumps Market Breakdown, by Flow Rate

11.1.1.2.2       Canada: Magnetic Drive Pumps Market Breakdown, by Material

11.1.1.2.3       Canada: Magnetic Drive Pumps Market Breakdown, by Application

11.1.1.2.4       Canada: Magnetic Drive Pumps Market Breakdown, by Pump Type

11.1.1.3       Mexico: Magnetic Drive Pumps Market – Revenue and Forecast to 2028

11.1.1.3.1       Mexico: Magnetic Drive Pumps Market Breakdown, by Flow Rate

11.1.1.3.2       Mexico: Magnetic Drive Pumps Market Breakdown, by Material

11.1.1.3.3       Mexico: Magnetic Drive Pumps Market Breakdown, by Application

11.1.1.3.4       Mexico: Magnetic Drive Pumps Market Breakdown, by Pump Type

12.        Industry Landscape

12.1      Market Initiative

12.2      New Development

13.        Company Profiles

13.1      Flowserve Corporation

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Sulzer Ltd

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      KSB SE & Co. KGaA

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Sundyne

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Klaus Union

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Dickow Pump Company

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      ITT Goulds Pumps

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Finish Thompson Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      HERMETIC-Pumpen GmbH

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   CP Pumpen AG

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

13.11   IWAKI CO., LTD.

13.11.1  Key Facts

13.11.2  Business Description

13.11.3  Products and Services

13.11.4  Financial Overview

13.11.5  SWOT Analysis

13.11.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             North America Magnetic Drive Pumps Market: Revenue and Forecasts to 2028 (US$ Mn)

Table 2.             North America: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Country (US$ Million)

Table 3.             US: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)

Table 4.             US: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)

Table 5.             US: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)

Table 6.             US: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)

Table 7.             Canada: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)

Table 8.             Canada: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)

Table 9.             Canada: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)

Table 10.          Canada: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)

Table 11.          Mexico: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)

Table 12.          Mexico: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)

Table 13.          Mexico: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)

Table 14.          Mexico: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)

Table 15.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Magnetic Drive Pumps Market Segmentation

Figure 2.           North America Magnetic Drive Pumps Market Segmentation – By Country

Figure 3.           North America Magnetic Drive Pumps Market Overview

Figure 4.           North America Magnetic Drive Pumps Market, by Material

Figure 5.           North America Magnetic Drive Pumps Market, by Application

Figure 6.           North America Magnetic Drive Pumps Market, by Pump Type

Figure 7.           North America Magnetic Drive Pumps Market, by Country

Figure 8.           PEST Analysis– North America

Figure 9.           Ecosystem Analysis – North America Magnetic Drive Pumps Market

Figure 10.        Expert Opinion

Figure 11.        North America Magnetic Drive Pumps Market: Impact Analysis of Drivers and Restraints

Figure 12.        North America Magnetic Drive Pumps Market Revenue Forecast and Analysis (US$ Million)

Figure 13.        North America Magnetic Drive Pumps Market Revenue Share, by Flow Rate (2020 and 2028)

Figure 14.        North America Upto 80 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 15.        North America 81 – 200 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 16.        North America 201 - 500 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 17.        North America Above 500 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 18.        North America Magnetic Drive Pumps Market Revenue Share, by Material (2020 and 2028)

Figure 19.        North America Polypropylene: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20.        North America Polyvinylidene Fluoride: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 21.        North America Stainless Steel: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 22.        North America Nickel Alloys: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 23.        North America PFA: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 24.        North America ETFE: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 25.        North America Magnetic Drive Pumps Market Revenue Share, by Application (2020 and 2028)

Figure 26.        North America Chemical Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 27.        North America Water Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 28.        North America Surface Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 29.        North America Food Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 30.        North America Oil & Gas: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 31.        North America Renewable Energies: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 32.        North America Magnetic Drive Pumps Market Revenue Share, by Pump Type (2020 and 2028)

Figure 33.        North America Side Channel Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 34.        North America Centrifugal Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 35.        North America Others: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 36.        North America: Magnetic Drive Pumps Market, by Key Country – Revenue(2020) (US$ Million)

Figure 37.        North America: Magnetic Drive Pumps Market Breakdown, by Country, 2020 & 2028 (%)

Figure 38.        US: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Canada: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Mexico: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)

  1. CP Pumpen AG
  2. Dickow Pump Company
  3. Finish Thompson Inc.
  4. Flowserve Corporation
  5. HERMETIC-Pumpen GmbH
  6. ITT Goulds Pumps
  7. IWAKI CO., LTD.
  8. Klaus Union
  9. KSB SE & Co. KGaA
  10. Sulzer Ltd
  11. Sundyne 
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America magnetic drive pumps 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 the North America magnetic drive pumps 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 North America market trends and outlook coupled with the factors driving the North America magnetic drive pumps 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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