Key Manufacturers Operating in Middle East & North Africa Water Pumps Market to Hit Lucrative Growth Objectives
Key Manufacturers Operating in Middle East & North Africa Water Pumps Market to Hit Lucrative Growth Objectives
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According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Middle East & North Africa Water Pumps Market - Industry Trends and Forecast to 2027 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Middle East & North Africa Water Pumps Market Analysis and Size
The Middle East & North Africa (MENA) Water Pumps Market is projected to grow at a CAGR of around 3.81% during the forecast period, i.e., 2022-27, says MarkNtel Advisors.
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Some of the major players operating in the Middle East & North Africa Water Pumps Market are Flowserve Corporation, Sulzer Limited, IDEX, Dover, Ebara, SPX Flow, Kirloskar Brothers Limited (KBL), Grundfos, Xylem Inc, KSB Group, Wilo ITT Inc., Torishima Pump MFG. Co. LTD.
Middle East & North Africa Water Pumps Market Growth Driver:
The warming temperature of the MENA region has caused the water crisis scenario in various countries such as Saudi Arabia, Oman, Kuwait, etc., and they have also reported temperatures above 50 degrees Celsius in recent years. Consequently, the rising water crisis circumstances have created the need for recycling waste water for further usage like irrigation facilities for agricultural lands. Significantly, the implementation of waste water treatment plants has been done in the MENA region over the last few years in order to combat the water scarcity situation. Thus, owing to the factors aforementioned, the market of water pumps in the MENA region witnessed significant growth in the historical years.
In addition, the rising construction projects of waste water treatment plants in the MENA region have fuelled the demand for water pumps like centrifugal pumps in recent years. Moreover, the burgeoning investments for the establishment of waste water treatment plants have also amplified the sale of water pumps in recent years. For example,
- In 2019, Salalah Sanitary Drainage Services Company has secured the contract for construction and operation as well as delivery of the sewerage network in the Sahlanoot area in Salalah, Oman for approx. USD117.3 Million
- In 2019, the Algerian government announced to invest near about USD0.03 Billion for the construction of a waste water treatment plant in the town of Béchar, Alegria. The project is expected to be completed by 2023.
- In 2020, the government of Oman announced to invest about USD7 Billion for waste water treatment majorly focused on the implementation of waste water treatment plants.
Therefore, the massive investments for the installation of waste water treatment plants would positively impact the growth of the MENA water pumps market in the forthcoming years
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Market Segment and Geographical Analysis
By Type
- Centrifugal Pumps
- Overhung Pumps
- Vertical Inline
- Horizontal End Suction
- Split Case Pumps
- Single/Two Stage
- Multi Stage
- Vertical Pumps
- Turbine
- Solid Handling
- Non-Solid Handling
- Axial
- Mixed Flow
- Turbine
- Submersible Pumps
- Solid Handling
- Non-Solid Handling
- Positive Displacement
- Diaphragm Pumps
- Piston Pumps
- Gear Pumps
- Lobe Pumps
- Progressive Cavity Pumps
- Screw Pumps
- Vane Pumps
- Peristaltic Pumps
- Overhung Pumps
By End User
- Oil & Gas
- Power Generation
- Residential
- Agriculture & Irrigation
- Commercial Building
- HVAC
- Fire
- Chemicals
- Water & Wastewater
- Food & Beverage
- Others
By Country
- UAE
- Saudi Arabia
- Turkey
- Qatar
- Oman
- Egypt
- Israel
- Iraq
- Algeria
- Morocco
- Rest of Middle East & North Africa
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