Industrial Pumps Global Market Report 2023 – By Product (Centrifugal Pump, Positive Displacement Pump, Other Products), By Position (Submersible, Non-Submersible), By Driving Force (Engine Driven, Electrical Driven), By Application (Oil And Gas, Chemicals, Construction, Power Generation, Water And Wastewater, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

The refined petroleum products are derived by refining petroleum. The refined petroleum products have different physical and chemical properties depending on the kind of crude oil and subsequent refining procedures. The main types of petroleum products are diesel, gasoline, fuel oil, kerosene, and other refined petroleum products. Gasoline is a petroleum-based fuel made from crude oil and other liquids. Gasoline is primarily used in vehicles as an engine fuel. The various fraction includes light distillates, middle distillates, heavy oils, and the different refinery type are integrated refined petroleum product and non-integrated refined petroleum product. The applications of refined petroleum products are fuel, chemicals, and others. The global refined petroleum products market is segmented - 1) By Type: Diesel, Gasoline, Fuel Oil, Kerosene, Other Refined Petroleum Products 2) By Fraction: Light Distillates, Middle Distillates, Heavy Oils 3) By Refinery Type: Integrated Refined Petroleum Product, Non-Integrated Refined Petroleum Product 4) By Application: Fuel, Chemical, Other Applications The global refined petroleum products market size grew from $2,616.61 billion in 2022 to $2,703.40 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global refined petroleum products is expected to grow to $3,011.98 billion in 2027 at a CAGR of 2.7%. Refineries are increasingly adopting Carbon Capture and Storage techniques to reduce CO2 emission levels in the atmosphere. This technique involves trapping CO2 at its emission source and transporting it to a different storage location which is actively monitored and measured. This way CO2 is isolated from the atmosphere, thereby reducing emission levels. For instance, Quest, a partnership venture of Shell, Canada Energy, and Chevron is fully integrated CCS project that captures CO2 produced from refineries and prevents it from entering the atmosphere by storing it in underground formations. Globally there are about 15 large scale projects and 7 under construction projects with the capacity to capture about 40 million tonnes CO2 per annum, thus indicating the potential of CCS technology in minimizing carbon emissions. For Instance, some of the major companies adopting this technique include ExxonMobil, Port Arthur Refinery, Baytown Refinery, RasTanura Refinery, and Garyville Refinery. Major companies in the market include Royal Dutch Shell, BP plc, Exxon Mobil, PJSC Lukoil, Chevron, Total SA, Marathon Petroleum Corporation, Valero Energy Corp, Saudi Aramco, and Bharat Petroleum Corporation Limited. To reduce the pollution levels, companies have started adopting gas-to-liquid technology, which produces high-quality petroleum products. Gas to liquid technology is the conversion of natural gas to high quality liquid products such as transportation fuels, motor oils, naphtha, diesel, and waxes. This technology uses natural gas as a substitute for crude oil as gas is considered to be the cleanest burning fossil fuel and is abundant, versatile, and easily affordable. The by- products obtained by using the GTL technology are colorless, odorless, and contain negligent amounts of impurities. For Instance, Shell, Chevron, and PetroSA have adopted this technology to produce transportation fuels, oils, and by-products to produce plastics, detergents, and cosmetics. Asia-Pacific was the largest region in the refined petroleum products market share in 2022. Western Europe was the second largest region in the global petroleum products market. The regions covered in the global oil and gas supporting activities industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oil and gas supporting activities market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The refined petroleum products market consists of sales of diesel fuel, jet fuel, liquid petroleum gases, asphalt and asphalt products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The refined petroleum products market research report is one of a series of new reports from The Business Research Company that provides refined petroleum products market statistics, including refined petroleum products industry global market size, regional shares, competitors with a refined petroleum products market share, detailed refined petroleum products market segments, market trends and opportunities, and any further data you may need to thrive in the refined petroleum products industry. This refined petroleum products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ethyl alcohol, also known as ethanol or grain alcohol, is a volatile, flammable, colorless liquid industrially used as a chemical intermediate to make pharmaceutical ingredients or as a solvent. Ethyl alcohol is used as a solvent in the synthesis of other organic chemicals, as an ingredient in alcoholic beverages and as a gasoline additive in the automotive industry. The main types of ethyl alcohol are synthetic and fermented. Ethyl alcohol fermentation is defined as the chemical process in which the yeast transforms glucose and fructose in a solution into ethanol, carbon dioxide, and heat. The various applications of ethyl alcohol include industrial solvent, fuel/fuel additive, bacteriacide/disinfectant, beverages, personal care, and other applications. The major end-use industries of ethyl alcohol are automotive, food and beverages, pharmaceutical, personal care, and other end users. The global ethyl alcohol market is segmented - 1) By Type: Synthetic, Fermented 2) By Application: Industrial Solvent, Fuel/Fuel Additive, Bacteriacide/Disinfectant, Beverages, Personal Care, Other Applications 3) By End User Industry: Automotive, Food and Beverages, Pharmaceutical, Personal Care, Other End Use Industries The global ethyl alcohol market size will grow from $526.75 billion in 2022 to $563.12 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global market size of the ethyl alcohol is expected to grow from $721.58 billion in 2027 at a CAGR of 6.4%. Rising demand for ethanol in the food processing industry is contributing to the growth of the ethyl alcohol market. It is used as an intoxicating ingredient in manufacturing alcoholic and non-alcoholic beverages such as vodka and gin. Additionally, ethyl alcohol is also used as a natural product in non-alcoholic beverages as an adjunct. The food processing industry is growing significantly due to increased demand for ready-to-eat, frozen, and packaged foods. As a result, the demand from the food processing industry has also increased due to the growing population through new births and migrations, which further increases the industry's production and demand for ethanol. The demand for ethanol in the food processing industry will lead to the expansion of the global market for ethyl alcohol. For example, in India, the ethanol market is expected to grow to $7.38 billion by 2024 at a CAGR of 14.50% due to ethanol use in applications such as food and beverages. Rising demand for ethanol in the food processing industry is expected to boost the demand for ethyl alcohol during the forecast period, driving the ethyl alcohol market growth. Major players in the ethyl alcohol market are Advanced Bioenergy LLC., Andersons Ethanol Group, Archer Daniels Midland Company, Aventine Renewable Energy, Braskem, British Petroleum, Cargill Corporation, Green Plains Inc., Kirin Holding Company, and LyondellBasell Industries NV. The rise in awareness about the ill effects of alcohol consumption is expected to limit the growth of the ethyl alcohol market. According to a study by the World Health Organization (WHO), alcohol consumption is responsible for more than 200 diseases and injury conditions. It possesses a risk of health problems such as mental and behavioral disorders, diseases such as liver cirrhosis, cardiovascular diseases, and injuries from road accidents. With rising awareness of the effects of alcohol consumption on global health, the demand for information on consumption and its related harm and policies has risen significantly. For example, in 2020, according to the Journal of Studies, alcohol awareness in the Yukon increased to 42%, a 10% rise in awareness due to warning labels on alcohol bottles and drugs. This is bound to negatively impact the market. Companies are increasingly producing ethanol from corn and sugar in the ethyl alcohol market. Ethanol is produced from corn by the dry milling process. In this process, corn kernels are ground into flour or mash, which is then mixed with water. It is purified through distillation and dehydration to create ethanol. The rising demand for liquid fuels in the transportation industry, the global rising demand for oil, and the negative consequences of global warming have contributed to the increased use of corn-based sugar to produce ethanol, thereby reducing global warming gases. It can be used in many of today's passenger cars and trucks as a substitute for burning gasoline. The US Department of Agriculture (USDA) predicts that during the 2020–21 crop season, 5.2 billion hectares of corn will go to ethanol generation, an increase of 250 million hectares compared to the approximate amount of corn that moved to ethanol processing during the 2019–20 crop season. Additionally, the U.S. and Brazil produce 85% of the global ethanol from corn. Production of ethanol from corn helps in reducing greenhouse gases by 18%, and production of ethanol from sugar helps in reducing greenhouse gases by 90%. Production of ethanol from corn and sugar offers several advantages, such as reducing greenhouse gases and decreasing dependency on foreign oil. In October 2022, CIE, a US-based global provider of grain-based, high-quality, specialty alcohols acquired the assets of Elkhorn Valley Ethanol from Louis Dreyfus Company, a global agricultural commodities firm. The acquisition increases the capacity, expands the footprint, and increases the customer base of CIE with the addition of assets of Elkhorn Valley Ethanol. Elkhorn Valley Ethanol is an American producer of ethanol. Asia-Pacific was the largest region in the ethyl alcohol market in 2022. North America was the second largest market in the global ethyl alcohol market analysis. The regions covered in the global ethyl alcohol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethyl alcohol market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The ethyl alcohol market consists of the sales of ethyl alcohol used in products such as perfumes, aftershaves, beverages, liniments, colognes, medicinal liquids, mouthwashes, and rubbing alcohols. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethyl alcohol market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol market statistics, including ethyl alcohol industry global market size, regional shares, competitors with an ethyl alcohol market share, detailed ethyl alcohol market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol industry. This ethyl alcohol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fossil fuel electricity refers to electricity generated from establishments through the use of fossil fuels such as coal, oil, and natural gas as energy sources. Fossil fuels are buried combustible geologic deposits of organic materials, formed from decayed plants and animals, that have been converted to crude oil, coal, natural gas, or heavy oils by exposure to heat and pressure in the earth's crust. The main types of fuel in fossil fuel electricity are coal, oil, and natural gas. Coal is a flammable black or brownish-black sedimentary rock that is found in the form of coal seams. Coal is referred to as a fossil fuel because it is generated from once-living plants. The different sectors include residential, commercial, and industrial. The global fossil fuel electricity market is segmented - 1) By Fuel Type: Coal, Oil, Natural Gas 2) By End-User: Residential, Commercial, Industrial The global fossil fuel electricity market size will grow from $988.95 billion in 2022 to $1,050.29 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global fossil fuel electricity is expected to grow to $1,313.7 billion in 2027 at a CAGR of 5.8%. The growing demand for electricity is expected to be a key driver of the fossil fuel electricity market in the forecast period. This can be attributed to growing economies and a rising population, especially in developing countries such as China, India, Brazil, and some African countries. According to the International Energy Agency (2019), global electricity demand rises at 2.1% per year by 2040, twice the rate of primary energy demand. This raises electricity’s share in total final power consumption from 19% in 2018 to 24% in 2040. Both China and India will account for a major portion of this growth. According to government data, India's energy consumption increased 13.38 percent to 110.94 billion units (BU) in October 2020, mainly driven by buoyancy in industrial and commercial activities. Furthermore, the global household appliances market is expected to grow to $396 billion by 2022, supporting the demand for electricity and driving the fossil fuel electricity market growth. Major players in the fossil fuel electricity market are Iberdrola SA, Huaneng Power International Inc., Engie SA, Enel SpA, State Power Investment Corporation Limited., AGL Energy Limited, Origin Energy Limited, EnergyAustralia Holdings Limited, Stanwell Corporation Limited, American Electric Power, Duke Energy, Southern Company, China Energy, China Power, NTPC, SSE, and Tokyo Electric Power Company. Governments globally are implementing regulations to reduce fossil fuel electricity due to rising environmental concerns. Fossil fuel power plants are major sources of toxic pollutants such as mercury, sulfur dioxide, and carbon emissions. Power generation accounts for about 40% of carbon emissions produced by the energy sector, or 25% of global greenhouse gas emissions. Regulatory bodies are enforcing stringent regulations on thermal power generation to control harmful effects on the environment. Regulations such as these are expected to increase the cost of procuring cheaper fossil fuel-based power, acting as a restraint on the fossil fuel electricity market. Governments globally are increasingly supporting the adoption of carbon capture and storage (CCS) technology across industries, including power generation. CCS withholds up to 90% of the carbon dioxide emissions produced by burning fossil fuels from entering the atmosphere. In CCS, carbon dioxide is first isolated from gases produced in power generation. It is then transported to be stored safely. The ADM Illinois Industrial Carbon Capture & Storage (ICCS) Project, for instance, isolates carbon dioxide from an ethanol manufacturing facility and stores it in a nearby deep saline formation, storing an estimated 1.1 million tonnes of carbon dioxide a year. In August 2021, ArcLight Capital Partners, LLC, a US-based company that focuses on energy infrastructure investments, acquired the 6,750 MW fossil-fuel plant portfolio of Public Service Enterprise Group (PSEG) for $1.92 billion. This acquisition is part of ArcLight Capital Partners LLC's growth into a clean energy infrastructure firm, which will help them achieve their goal of a low-carbon economy. Public Service Enterprise Group (PSEG) is a US-based electric services company that offers fossil-fuel electricity. Asia-Pacific was the largest region in the fossil fuel electricity market in 2022. Western Europe was the second-largest region in the global fossil fuel electricity market share. The regions covered in the global fossil fuel electricity market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the fossil fuel electricity market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The fossil fuel electricity market includes revenues earned by entities by gas turbines, Diesel engines, and Spark-ignition internal combustion engines. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fossil fuel electricity market research report is one of a series of new reports from The Business Research Company that provides fossil fuel electricity market statistics, including fossil fuel electricity industry global market size, regional shares, competitors with a fossil fuel electricity market share, detailed fossil fuel electricity market segments, market trends and opportunities, and any further data you may need to thrive in the fossil fuel electricity industry. This fossil fuel electricity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Oil and gas pumps refer to a machine that is an internal combustion engine that transfers process fluids from one point to another by circulating engine oil under pressure to the engine's rotating bearings, sliding pistons, and camshaft. Oil and gas pumps are used in the oil and gas industry to transfer oil, grease, gas, and other fluids. The main types of oil and gas pumps are centrifugal, positive displacement, and cryogenic. A centrifugal pump converts driver energy to kinetic energy in a liquid by accelerating the fluid to the outer rim of an impeller. The pumps have a capacity of up to 500 gpm (small), 500–1000 gpm (medium), and more than 1000 gpm (high) and are used in upstream, midstream, and downstream applications. The global oil and gas pumps market is segmented - 1) By Type: Centrifugal, Positive Displacement, Cryogenic 2) By Capacity: Small (up to 500 gpm), Medium (500-1000 gpm), High (more than 1000 gpm) 3) By Application: Upstream, Midstream, Downstream The global oil and gas pumps market size grew from $11.86 billion in 2022 to $12.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the oil and gas pumps market is expected to grow to $15.81 billion in 2027 at a CAGR of 6.0%. The development of oil and gas pipeline infrastructure contributed to the growth of the oil and gas pumps market. Oil and gas pipelines are used for transporting crude oil or natural gas liquids. Pumps or compressors are used for moving the oil or gas through the pipeline at a safe speed. According to the India Brand Equity Foundation, the government of India is planning to invest $9.9 billion in expanding the gas pipeline network across the country. According to Invest India, about 12,672 km of gas pipelines are under development. Therefore, the development of oil and gas pipeline infrastructure is expected to drive the market for oil and gas pumps during the forecast period. Major players in the oil and gas pumps market are KSB SE, Flowserve, Sulzer, Xylem, Gardner Denver, Alfa Laval, SPP Pumps, ITT Oil & Gas, Kirloskar Brother Limited, HMS Group, Nikkiso, Trillium Flow Technologies, EBARA Corporation, Gemmecotti, PCM SA, Ruhrpumpen Global, EDUR-Pumpenfabrik Eduard Redlien, Wastecorp pumps, NETZSCH Pumps & Systems, Framo, SKF, Lewa, DXP, National Pump & Energy, and Enpro Subsea. Internet of Things (IoT) in oil and gas refineries is an emerging trend in the oil and gas pumps market. IoT is used to monitor pipe thickness, flow rate, pipe pressure, and more. IoT enables to have connected machines in the oil and gas industry so that oil and gas companies can predict equipment failure and reduce overall downtime. For example, a single pump failure can cost hundreds of thousands of dollars in lost productivity, so if the condition of pumps is known in real-time, replacements can be ready for those deemed susceptible to failure. Therefore, IoT plays an important role in the oil and gas pumps market. In February 2021, Caterpillar, a USA company that designs, manufactures, and sells machinery, acquired the Weir oil & gas subsidiary of Weir group for a deal amount of $405 million. The acquisition of Weir oil & gas will help Caterpillar to build its oil and gas pumps business line and the organization will be running the operation as SPM oil & gas business. The transaction includes more than 40 global service centres and around 2000 employees. Asia-Pacific was the largest region in the oil and gas pumps market in 2022. This region is also expected to be the fastest growing region in the forecast period. The regions covered in the oil and gas pumps market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the oil and gas pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The oil and gas pump market consists of sales of gear pumps, diaphragm pumps, and metering pumps.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oil and gas pumps market research report is one of a series of new reports from The Business Research Company that provides oil and gas pumps market statistics, including oil and gas pumps industry global market size, regional shares, competitors with oil and gas pumps market share, detailed oil and gas pumps market segments, market trends and opportunities, and any further data you may need to thrive in the oil and gas pumps industry. This oil and gas pumps market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The solar water pump systems refer to water pumps that run on electricity that is provided by one or several photovoltaic (PV) panels. Solar energy is converted into electricity by the photovoltaic array, which is used to run the motor pump set to draw water from an open well, a bore well, a stream, a pond, or a canal. Solar water pump systems are used for the water supply for irrigating crops, watering livestock, or providing potable drinking water. The main types of solar water pump systems include surface pumps, submersible pumps, and other pump types. Solar surface pump systems refer to pumps designed to pump water from the surface of water bodies like ponds, tanks, shallow wells, and springs. The power ratings of solar water pump systems include below 3 HP, 3 HP to 10 HP, and above 10 HP, and the different drive types of these systems include AC motor-powered solar water pumps and DC motor-powered solar water pumps. These water pumps are used by agriculture, residential, commercial, and industrial end-users. The global solar water pump systems market is segmented – 1) By Type: Surface Pump, Submersible Pump, Other Pump Types 2) By Power Rating: Below 3HP , 3HP to 10 HP , Above 10 HP 3) By Drive Type: AC Motor Powered Solar Water Pumps, DC Motor Powered Solar Water Pumps 4) By End-User: Agriculture, Residential, Commercial, Industrial The global solar water pump systems market size grew from $1.36 billion in 2022 to $1.52 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of solar water pump systems is expected to grow to $2.34 billion in 2027 at a CAGR of 11.5%. The favorable government incentives for installing solar water pumps are driving the growth of the solar water pump systems market. Governments across the globe are promoting initiatives to focus on solar water pumps due to the rise in the price of diesel and the instability of electricity. The incentives or subsidies by governments to purchase solar-powered water pumps are focused on reducing dependence on other forms of electricity and also reducing operational costs over the long run. For instance, Innovators are invited to demonstrate their inventions as part of an expression of interest (EoI) published by the Ministry of New and Renewable Energy (MNRE). MNRE has invited bids for the installation of 50 inventive solar pumps through the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) program. MNRE will assist in the installation of 20 lakh standalone solar pumps rated at 7.5 HP by 2025-2026. Products must be cutting-edge and tested in a real-world setting in order to be approved in 2019, the Government of India launched the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan) scheme, an initiative to assist the installation of off-grid solar pumps on village land (rural areas), reducing their reliance on the grid. Under this scheme, 60% of the total installation cost is subsidized by the government. Therefore, the favorable government incentives for installing solar water pumps are propelling the growth of the solar water pump systems market. Major players in the solar water pump systems market are Bright Solar Limited, C.R.I. Pumps Private Limited, Lorentz, Shakti Pumps (India) Ltd., Tata Power Company Limited, Wenling Jintai Pump Factory Limited, Grundfos, Symtech Solar, Photon Solar, Urja Global Limited, Kavita Solar Energy Private Limited, Lubi Electronics, Samking Pump Company, Greenmax Technology, Aqua Group, and Vincent Solar Energy Company. Technological advancement is a key trend gaining popularity in the solar water pump systems market. The companies operating in the solar water pump systems market are developing innovative technologies to increase the operational efficiency of solar panels and water pump systems. For instance, in April 2022, Shakthi Pumps Limited, an India-based developer of water pumps and motors, received a patent for a unidirectional solar water pump with a grid-tied power generation system. The new technology ensures efficient performance by utilizing panels and generating extra power to feed the grid. In August 2020, Tata Power Company Limited, an Indian electric utility company announced its plan to merge its three wholly-owned subsidiaries including Coastal Gujarat Power Ltd (CGPL), Tata Power Solar Systems (TPSSL), and Af-Taab Investment Company (Af-Taab). This is part of its strategic initiative to simplify the group holding structure and set the company for future growth. The merger will also help the subsidiary companies in getting corporate support and efficient use of cash. Coastal Gujarat Power Ltd (CGPL) is an Indian company that runs a 4150-megawatt supercritical coal-fired power plant located near the port city of Mundra in India's Gujarat state. Tata Power Solar Systems (TPSSL) is an Indian company that specializes in solar energy services and also offers solar modules, solar cells, and other solar products such as solar water pumps. Af-Taab Investment Company (Af-Taab) is an Indian financial services firm. Asia-Pacific was the largest region in the solar water pump systems market in 2022, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the solar water pump systems market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the solar water pump systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The solar water pump systems market consists of sales of pump, controller, solar panels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The solar water pump systems market research report is one of a series of new reports from The Business Research Company that provides solar water pump systems market statistics, including solar water pump systems industry, global solar water pump systems market size, regional shares, competitors with a solar water pump systems market share, detailed solar water pump systems market segments, market trends and opportunities, and any further data you may need to thrive in the solar water pump systems industry. This solar water pump systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A peristaltic pump also known as a roller pump is a positive displacement pump that moves the fluid at a constant speed regardless of the pressure at the inlet end and can be used to pump a wide range of fluids. The fluid is stored within a flexible hose or tube fitted inside the pump casing. The main types of peristaltic pumps include peristaltic tube pumps and peristaltic hose pumps. Low-pressure pumps, also known as peristaltic tube pumps, have dry casings and non-reinforced casings and use rollers to provide compressive power. The different types of products include fixed speed pumps and variable speed pumps, and the discharge capacity ranges up to 30 pounds per square inch (psi), 30-50 psi, 50-100 psi, 100-200 psi, and above 200 psi. It is implemented in various verticals such as pharmaceutical and medical, water and wastewater treatment, food and beverage, chemical processing, mining, pulp and paper and others. The global peristaltic pumps market is segmented - 1) By Type: Peristaltic Tube Pumps, Peristaltic Hose Pumps 2) By Product Type: Fixed Speed Pumps, Variable Speed Pumps 3) By Discharge Capacity: Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi, Above 200 psi 4) By End-User: Pharmaceutical And Medical, Water And Wastewater Treatment, Food And Beverage, Chemical Processing, Mining, Pulp And Paper, Other End-Users The global peristaltic pumps market size grew from $1.51 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the peristaltic pumps market is expected to grow to $2.48 billion in 2027 at a CAGR of 10.4%. The increasing need for wastewater treatment is expected to fuel the growth of the peristaltic pumps market in the forecast period. Wastewater treatment is the method of removing pollutants from wastewater or sewage and converting it to an effluent that can be added to the water supply with minimal environmental effects. Peristaltic pumps are the preferred pump for dosing sodium hypochlorite due to their highly accurate metered flow, which is used in wastewater treatment to destroy bacteria. Therefore, the increasing need for wastewater treatment propels the growth of the peristaltic pumps market. Major players in the peristaltic pumps market are Watson-Marlow Fluid Technology Group, Verder Group, Cole-Parmer Instrument Company LLC, ProMinent Group, Graco Inc., Randolph Austin, IDEX Corporation, Wanner Engineering, Heidolph Instruments, Gilson Inc., Ravel Hiteks Pvt. Ltd., Albin Pumps, and WELCO Co. Ltd. Technological advancements are shaping the peristaltic pumps market. Peristaltic pump manufacturing companies are focusing on developing innovative technical solutions for peristaltic pumps with increased accuracy and the ability to pump fluids at low pressures. For instance, in January 2020, a US-based Cole-Parmer Instrument Company, LLC launched Reglo Peristaltic Pump Series, built to be highly accurate low-flow (100 mL/min) models with MasterflexLive technology and compliant with 21 CFR Part 11 and EU Annex 11 regulations. The combination of features intends to provide a fluid handling experience that is connected, responsive, strong, and stable. In March 2016, Watson-Marlow Fluid Technology Group, a UK-based manufacturer of positive displacement pumps, launched 530 series peristaltic pumps for upstream and downstream bioprocessing tasks with high precession and accuracy. In September 2020, Ingersoll Rand, a US-based industrial manufacturing company, acquired Albin Pump for an undisclosed amount. This acquisition is expected to expand the technical capabilities of Ingersoll Rand in peristaltic pumps and accelerate the company's expansion into electrically powered positive displacement pumps. Albin Pump is a France-based peristaltic pump manufacturing company. Asia-Pacific was the largest region in the peristaltic pumps market in 2022. The regions covered in the peristaltic pumps market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the peristaltic pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The peristaltic pumps market consists of sales of peristaltic hose pumps and peristaltic tube pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The peristaltic pumps market research report is one of a series of new reports from The Business Research Company that provides peristaltic pumps market statistics, including peristaltic pumps industry global market size, regional shares, competitors with a peristaltic pumps market share, detailed peristaltic pumps market segments, market trends and opportunities, and any further data you may need to thrive in the peristaltic pumps industry. This peristaltic pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive pump transmits fluids (liquid or gas) by lowering or raising the pressure on the fluids to improve vehicle performance and fuel efficiency. Automotive pumps function by lifting, compressing, or transferring fluids around the vehicle's operating system by using mechanical force or electric energy from a motor. The main types of automotive pumps are automotive fuel injection pumps, automotive fuel supply pumps, automotive engine oil pumps, automotive transmission oil pumps, automotive coolant pumps, automotive steering pumps, automotive vacuum pumps, and automotive windshield washer pumps. The automotive fuel injection pump is a rotary pump, or distributor pump, used in vehicles such as small trucks and cars for pumping fuel into the cylinders of the engine. Autonomous pumps are used in various types of electric vehicles, including battery electric vehicles (BEV), fuel cell electric vehicles (FCEV), hybrid electric vehicles (HEV), and plug-in hybrid electric vehicles (PHEV). By technology, the types of automotive pumps are electric automotive pumps and mechanical automotive pumps. Automotive pumps are sold through OEM and aftermarket sales channels. The global automotive pumps market is segmented – 1) By Pump Type: Automotive Fuel Injection Pumps, Automotive Fuel Supply Pumps, Automotive Engine Oil Pumps, Automotive Transmission Oil Pumps, Automotive Coolant Pumps, Automotive Steering Pumps, Automotive Vacuum Pumps, Automotive Windshield Washer Pumps 2) By Electric Vehicle Type: BEV, FCEV, HEV, PHEV 3) By Technology Type: Electric Automotive Pumps, Mechanical Automotive Pumps 4) By Sales Channel: OEM, Aftermarket The global automotive pumps market size will grow from $20.1 billion in 2022 to $21.54 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive pumps market is expected to grow to $28.27 billion in 2027 at a CAGR of 7.0%. The rising electrification of vehicles is expected to propel the growth of the automotive pump market. An automotive pump is a device that functions by lifting, compressing, or transferring fluids around the vehicle's operating system by using mechanical force or electric energy from a motor. An increase in fuel costs is persuading commuters to look at cheaper alternatives. Electric vehicles are a zero-emission and economical option that is gaining popularity. For instance, as of 2020, there were 10 million electric vehicles on the roads globally. In 2020, global electric car sales reached about 3 million, with new electric car registrations increasing by 40%. Thus, the rising electrification of vehicles is driving the growth of the automotive pump market. Major players in the automotive pump market are Aisin Seiki, Denso Corporation, Robert Bosch GmbH, Johnson Electric, KSPG AG, ZF, Continental AG, Concentric AB, HELLA KGaA Hueck & Co., Seiki Co. Ltd., Valeo, Hitachi Automotive Systems Ltd., JTEKT Corporation, Magneti Marelli S.p.A, Pricol Ltd., TI Automotive Ltd., Rheinmetall Automotive AG, The Sherwin-Williams Company, and Mikuni Corporation. The growing adoption of new technologies is a key trend gaining popularity in the automotive pump market. New technologies such as gasoline turbochargers, gasoline direct injection, and automatic transmission enable efficient circulation of oil in all parts of an automobile to create lucrative opportunities for manufacturers of automotive pumps. For instance, in November 2021, Gates, a US-based provider of fluid-power and power transmission solutions, launched next-generation technology for electric water pumps (EWP) used in automotive, light commercial and heavy duty vehicles. The Gates ThermalPro™ EWP technology is the culmination of significant investments in electronics, software, motor design and computational fluid dynamics. In February 2021, ADVIK Hi-Tech, an India-based automotive component manufacturer, acquired Hanon Bangalore Operations Pvt. Ltd. for an undisclosed sum from Hanon Systems in South Korea. The acquisition is intended to help ADVIK Hi-Tech expand its global manufacturing and R&D capabilities in the powertrain systems industry, allowing it to offer a comprehensive pump portfolio to global vehicle manufacturers, including oil pumps, water pumps, and vacuum pumps. Hanon Bangalore Operations is an India-based manufacturer of automotive pumps for the global vehicle industry. Asia-Pacific was the largest region in the automotive pumps market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the automotive pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Automotive Pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive pump market consists of sales of fuel pump, fuel injection pump, water pump, windshield pump, transmission oil pump, vacuum pump and headlight washer pump.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive pumps market research report is one of a series of new reports from The Business Research Company that provides automotive pumps market statistics, including automotive pumps industry global market size, regional shares, competitors with automotive pumps market share, detailed automotive pumps market segments, market trends and opportunities, and any further data you may need to thrive in the automotive pumps industry. This automotive pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Liquid ring vacuum pumps are rotating positive displacement machines that provide process vacuum in several industrial applications for handling dirty and potentially dangerous gas streams. The liquid ring vacuum pump are used in chemical process industries, particularly for the needs of solvent recovery, vacuum filtration, and vapour recovery. These liquid ring vacuum pumps are extensively used in bioethanol during distillation and rectification. The main liquid ring vacuum pump stages include single and multiples. The single-stage liquid ring vacuum pumps have one pair of rotors, cylinders, and sliding blades and produce a vacuum of 50 torrs, assuming air is being pumped and the seal-liquid water at 30 °C (85F) or less. The different liquid ring vacuum pump materials include cast iron, stainless steel, and other materials. The different liquid ring vacuum pump capacities include 500 cfm, 500 cfm-1500 cfm, and >1500 cfm, for different end users such as chemical processing, oil and gas, power, paper and pulp, and general process industries. The global liquid ring vacuum pumps market is segmented - 1) By Stage: Single, Multiple 2) By Material: Cast Iron, Stainless Steel, Other Materials 3) By Capacity: < 500 cfm, 500 cfm- 1500 cfm, > 1500 cfm 4) By End Use: Chemical Processing, Oil And Gas, Power, Paper And Pulp, General Process Industries The global liquid ring vacuum pumps market size grew from $2.01 billion in 2022 to $2.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global liquid ring vacuum pumps is expected to grow to $3.03 billion in 2027 at a CAGR of 8.6%. Rising investment in the oil and gas sectors is expected to propel the growth of liquid ring vacuum pumps. Investments in the oil and gas sector have increased, especially in the downstream sector, which drives the demand for liquid ring vacuum pumps. The vacuum pumps in the oil and gas sector are used for processes that include filling, filtration, cooling, crystallizing, distillation, deaeration of caustic solutions, solvent recovery, and many more. Global investment in new downstream oil refining and integrated chemicals capacity will average $55 billion per year to 2025, leading to global crude distillation unit (CDU) capacity increasing by 1.7% annually. These investments will lead to an increasing number of liquid ring vacuum markets. Therefore, the rising investments in the oil and gas sector are driving the growth of the liquid ring vacuum pumps market. Major players in the liquid ring vacuum pumps market are Atlas Copco Airpower N.V, Busch Vacuum Technics Inc., Cutes Corp., Dekker Vacuum Technologies Inc., Flowserve Corporation, Gr?h?m ??r??r?t??n, G?rdn?r D?nv?r, OMEL, PPI Pumps Pvt. Ltd., Samson Pumps, Speck, Tsurumi Manufacturing Co., Ltd., Vooner, Zibo Zhaohan Vacuum Pump Co., Ltd., G??t(?D??), S?m??n ??r??r?t??n., and ULV??. Product innovations are the key trend gaining popularity in the liquid ring vacuum pumps market. The key players operating in the liquid ring vacuum pumps market are developing innovative products to cope with humid and dusty environments and offer sustainable productivity. For instance, in 2020, Dekker Vacuum Technologies, a USA-based company that offers liquid ring, rotary van, and large capacity liquid ring pumps and compressors, as well as water and solvent-sealed liquid ring vacuum pump systems, introduced the first model of a new series of liquid ring vacuum pumps called The Vmax Plus. It is a 10 HP oil-sealed liquid ring vacuum pump system designed for the toughest applications in industrial, building supplies (CNC machining), aerospace, plastics, packaging, medical, and other key industries. In January 2020, Atlas Copco, a Sweden-based industrial company, acquired Dekker Vacuum Technologies for an undisclosed amount. The acquisition is expected to be beneficial for Atlas Copco as it will complement their existing portfolio in the liquid ring pump market and will enable them to serve more vacuum applications to their customers. The acquired business will also become part of the industrial vacuum division within the vacuum technology business area. Dekker Vacuum Technologies is a USA-based company that offers liquid ring, rotary van, and large capacity liquid ring pumps and compressors, as well as water and solvent, sealed liquid ring vacuum pump systems, and other service solutions for industrial applications. Asia-Pacific was the largest region in the liquid ring vacuum pumps market in 2022. Asia-Pacific is expected to have the highest CAGR in the liquid ring vacuum pumps market share. The regions covered in the liquid ring vacuum pumps market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the liquid ring vacuum pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The liquid ring vacuum pumps market consists of sales of partial recirculation systems, total recirculation systems, rotors, valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the liquid ring vacuum pumps market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The liquid ring vacuum pumps market research report is one of a series of new reports from The Business Research Company that provides liquid ring vacuum pumps market statistics, including liquid ring vacuum pumps industry global market size, regional shares, competitors with a liquid ring vacuum pumps market share, detailed liquid ring vacuum pumps market segments, market trends and opportunities, and any further data you may need to thrive in the liquid ring vacuum pumps industry. This liquid ring vacuum pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.