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Enhanced Precision Work, Long Durable Life of PC Pumps Boost Global Progressing Cavity Pumps Market; Growth Projected at Notable 7% CAGR through 2031, TMR's Study

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News provided by

Transparency Market Research

15 Jul, 2021, 12:30 GMT

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- Progressing cavity pumps market is foreseen to expand at ~7% CAGR throughout the analysis period 2021–2031. Increased infrastructure development activities is expected to work as key driver for market growth.

- In terms of region, Asia Pacific will demonstrate prominent growth due to increased industrialization in the region.

ALBANY, N.Y., July 15, 2021 /PRNewswire/ -- Progressive cavity pump refers to a positive displacement pump type. The device is widely utilized in the management of extremely complicated pumping applications and high viscous fluids. While the tool can be used in a wide range of applications, the prime usage of progressing cavity pump is for pumping rough, viscous, or shear-sensitive materials and metering chemicals.

The new report by TMR offers complete synopsis of the global progressing cavity pumps market. According to the analysts of this report, the market is likely to surpass the valuation of around US$ 5.7 Bn by the end of assessment period 2021–2031.

Strong expertise with attention to detail makes our market research reports stand apart. Request a sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51096

Progressing Cavity Pumps Market: Key Findings

Growth in Urban Population across Developing Countries Boosts Sales of Progressing Cavity Pumps

Many developing countries across the globe are observing notable growth in industrialization. This is one of the key factors fueling demand for progressing cavity pumps. Moving forward, the government bodies of many countries are growing number of projects pertaining to the infrastructure development activities. The increased urbanization is resulting into growing requirement for sanitation. As a result, the government authorities are focused on strengthening their water and wastewater treatment infrastructure. All these factors are expected to bring substantial demand opportunities in the global progressing cavity pumps market in the forthcoming years.

  • Players Concentrate on Minimizing Production Cost as Growth Strategy

With presence of many players in the progressing cavity pumps market, the competition level in this market seems to be quite intense. As a result, the market enterprises are growing participation in diverse strategic moves. Several players are seen engaged in the mergers, acquisition, and partnership activities. At the same time, many vendors are growing interest in reducing their production costs. The tactic is helping them in offering products at cheaper rates, and thereby achieving the adoption of this product by small and medium-scale companies in diverse end-user industries. Thus, growth in adoption of the product by this target customer base will help in boosting the revenue number of the global progressing cavity pumps market in the years ahead.

We deliver what we promise; Get our premium research report on Progressing Cavity Pumps Market with In-depth research, accurate analysis at https://www.transparencymarketresearch.com/checkout.php?rep_id=51096&ltype=S

Progressing Cavity Pumps Market: Growth Boosters

  • Progressing cavity pumps are utilized in a wide range of industries including power, chemicals, pulp and paper, paints and coatings, biogas, marine, and oil and gas. The expansion of all these industries is likely to translate into increased demand opportunities in the global market for progressing cavity pumps in the years to come.
  • The progressing cavity pumps are gaining traction across the food and beverages industry. One of the key factors behind the growing usage of this pump across the food and beverages industry is their ability to help in decreasing the operational cost. Thus, growing product adoption in the industry will help in boosting the market sales in the upcoming years.
  • The government bodies of many nations are growing investments toward the water and wastewater management and oil and gas industries. This is one of the key factors fueling the sales of progressing cavity pumps market.

Ask for an instant Discount on Progressing Cavity Pumps Market https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=51096

Progressing Cavity Pumps Market: Well-Established Participants

The new research report performs profiling of all participants operating in the global progressing cavity pumps market. Thus, this report gives important data pertaining to the financial status, sales, production, revenues, and other statistics pertaining to the companies operating in the market for progressing cavity pumps.

The list of key market players includes following names:

  • Mono Pumps
  • National Oilwell Varco
  • Netzsch pumps
  • SEEPEX GmbH
  • Wangen Germany
  • Circor International
  • Nova Rotors Srl
  • Vogelsang USA
  • Liberty Process Equipment
  • Borger GmbH
  • Continental Ultra Pumps
  • SEKO S.p.A
  • Artemis PC Pumps Systems Ltd

Explore Transparency Market Research's award-winning coverage of the global Energy & Natural Resourceshttps://www.transparencymarketresearch.com/food-beverages-market-reports-4.html Industry,

Mineral Processing Equipment Market - Transparency Market Research delivers key insights on the global mineral processing equipment market for mining industry. In terms of revenue, the global mineral processing equipment market for mining industry is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global mineral processing equipment market for mining industry. The global mineral processing equipment market for mining industry has been positively impacted by the rise in demand for metals and minerals across the globe. Thus, increase in production of metals and minerals is propelling the global mineral processing equipment market for mining industry.

Gas Compressor Market - Transparency Market Research delivers key insights on the global gas compressor market. In terms of revenue, the global gas compressor market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global gas compressor. The global gas compressor market is broadly affected by several factors, including expansion of chemical industry and ongoing investment in construction of oil & gas pipeline. Furthermore, growth in deployment of energy-efficient gas compressor is also a key factor anticipated to propel the global gas compressor market.

About Transparency Market Research

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

Contact

Mr. Rohit Bhisey
Transparency Market Research
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Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/progressing-cavity-pumps-market.htm

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