As per P&S Intelligence, the increasing demand for this precious resource will drive the centrifugal water pump market in the coming years. In such pumps, a rotating disc with blades (known as vanes), much like a turbine (but working opposite to it), pushes water forward. This, along with easy availability and cost-effectiveness, is why centrifugal variants are the most-popular type of domestic pumps in the world. Moreover, the design of this pump is simple, and it can accommodate numerous types of heads, for varying capacities.
This is the reason that among all sectors, including municipal water and wastewater, oil and gas, and chemical and energy, these pumps are used in the largest numbers in the municipal water and wastewater sector. Considering the widespread water pollution, water cannot be directly taken out of a waterbody or from beneath the ground and consumed. This is why a certain degree of treatment is necessary, which is why most cities and towns have municipal water departments that treat the water and then pump it across the area they serve.
Similarly, due to the global outcry on water pollution, which is the key reason for water scarcity, the effluents generated by industries and houses cannot be just discharged into lakes, rivers, ponds, and seas. They need to be properly treated and cleaned, to be, ideally, utilized again. This is why governments around the world are building wastewater treatment plants of several million liters in capacity. This is driving the demand for utility-scale centrifugal water pumps around the world, especially in emerging economies, which, due to the low strictness of water laws, have been discharging massive volumes of untreated effluents into waterbodies.
Due to all these reasons, Asia-Pacific (APAC) is the largest centrifugal water pump market currently.
This is why these countries’ cities’ demand for potable water is the highest. Even otherwise, they are the two most-populated countries in the world; much of their rural population is not connected to a municipal water supply system, which is why a large number of people use individual centrifugal pumps at their houses.
Moreover, APAC also accounts for the highest industrial production and large-scale construction. With water being important in these sectors, the demand for industrial-grade centrifugal pumps is booming. As high-rises are being built in large numbers, the demand for pumps at construction sites is increasing so that water can be lifted to the higher storeys. Same is the reason that after the buildings and their individual units are leased out, water pumps are installed to aid in the human consumption of water.
Thus, with the burgeoning population, the installation of centrifugal water pumps will increase.