Double Suction Pump Market

Double Suction Pump Market Outlook till 2032

Double-suction pump easily provides higher flow as compared to single-suction pumps. The reduced axial force is the reason behind this preference for such pumps. These pumps face less wear and tear in comparison to others. Pumps are one of the important devices that are widely used in various industrial, domestic, and agricultural applications. A pump that has a spiral casing in which water can enter through both sides of the impeller to maintain the hydraulic balance is known as a double suction pump. It is one of the types of centrifugal pump.

These pumps also have higher efficiency and low maintenance as compared to other pumps. Double suction pumps are widely used for water supply for industrial, domestic, and agricultural purposes. These suction pumps are also used in wastewater treatment and for the desalination of brackish water. Apart from these, double suction pumps are also used in flood-prone regions for flood control purposes. These are also widely used for electricity generation in hydropower plants.

The global double suction pump market valued at USD 21.92 Billion in 2022. The market is further expected to flourish and gain a size of USD 34.07 Billion by end of 2032. This industry is expected to grow with a CAGR of 4.51% in the forecast period.

Report Attributes	Details
Market size (2022 A)	USD 21.92 Billion
Base Year for Estimation	2022
Forecast duration for this research	2022-2032
Forecasted Market value (2032 F)	USD 34.07 Billion
Global Market Growth rate (2022-2032 E)	CAGR of 4.51%
Key Companies Profiled	Xylem Inc. Sulzer Ltd. Torishima Goulds Pumps Modo Pump Co Sintech Pumps Shanghai Pacific Pump Manufacture Buffalo Pumps Pumpiran Hunan Credo Pump.

What are factors that excel demand for double suction pumps?

Lower maintenance and higher efficiency are the main features expanding the adoption of these pumps in the market These pumps are widely applicable in industrial and domestic applications. Moreover, suction pumps are dominantly used in desalination and wastewater treatment. The brackish water desalination is ensured by this pump. Apart from these, double suction pumps are also used in flood-prone regions for flood control purposes. These type of suction pumps are also widely used for electricity generation in hydropower plants.

With the rise in the global populace industrial needs are set to increase in upcoming years which is anticipated to give traction to demand in this market. Rising water pollution and the need for the development of wastewater treatment have led to a significant rise in double suction pump sales. The water treatment industry is the dominant end-user segment of this market.

In regions where there is a scarcity of potable water, there has been a rise in the number of desalination plants for the treatment of brackish water to meet the rising demand for pure water. Increasing the number of desalination plants will boost the double suction pump market. In several countries, electricity is generated through many significant hydropower plants, and double suction pumps play an important role in such plants.

Rising electricity demand will lead to the growth of the double suction pump market. Increment in industrial activities and growth of building & construction will drive the double suction pump market. Advancements in agricultural techniques, the rising need for high yield of agricultural production, and growth in agriculture productivity will surge the demand for double suction pumps for irrigation and agriculture purposes.

Companies are focused on increasing the efficiency of pumps and reducing the power consumption of double-suction pumps. Poor farmers in developing countries prefer to buy pumps of low quality, as they are price sensitive, which might restrain market growth in such regions.

Regional outlook

Increased industrial activities and a growing population have boosted the demand for pure water in the Asia Pacific region. Also, the increasing number of water treatment plants, growth in agricultural activities, and the presence of significant hydropower plants make the Asia Pacific a prominent market for double suction pumps.

In regions such as the Middle East, governments and many private companies are investing in desalination projects due to the growing need for pure water for domestic and industrial applications. Increasing agricultural productivity in Africa will collectively make the Middle East & Africa region a potential market.

Growing urbanization, increasing agricultural production, and rise in industrial activities in Latin America will boost the market for double suction pumps, owing to which, Latin America can be anticipated to be a strong market. The predominance of industries and high agricultural productivity will collectively make North America and Western Europe promising market regions.

Segment wise Insights

The horizontal split double suction market is dominant in the market owing to its large applicability and higher volume of sales. At present, cast iron and steel material are dominant in suction pump manufacturing while polymer and composite material is anticipated to grow with the fastest market share in the upcoming period. Wastewater treatment is a major end-user application for these pumps. The water supply and power generation are other usage areas set to gain growth in the forecast period.

Competitive Landscape

The worldwide double suction pumps arcade is highly competitive owing to local and international firms. There are distinct business tactics availed by these companies which include strategic business moves such as acquisitions. Many pump manufacturers go for mergers and partnerships. The new designs by leading companies enhance their market penetration and customer loyalty. These tactics are likely to influence positively the suction pumps market share in the forecast duration.

Segmentation

• On the basis of product type :
  • Vertically Split Double Suction Pump
  • Horizontally Split Double Suction Pump
• On the basis of material type :
  • Cast Iron
  • Steel
  • Polymer & Composite
• On the basis of end-use application :
  • Waste Water Treatment
  • Water Supply
  • Irrigation
  • Power Generation
  • Industrial
  • Marine
• On the basis of the Region :
  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)