Global Horizontal Acid Pumps Market Size By Type (Multi-stage Pump, Single-stage Pump), By Application (Fertilizer Industry, Mechanical Industry, Energy Industry), By Geographic Scope And Forecast
Report ID: 305355|No. of Pages: 202
Global Horizontal Acid Pumps Market Size By Type (Multi-stage Pump, Single-stage Pump), By Application (Fertilizer Industry, Mechanical Industry, Energy Industry), By Geographic Scope And Forecast
Horizontal Acid Pumps Market Size And Forecast
Horizontal Acid Pumps Market size was valued at USD 1.96 Billion in 2021 and is projected to reach USD 2.85 Billion by 2030, growing at a CAGR of 4.65% from 2023 to 2030.
The Global Horizontal Acid Pumps Market is gaining pace due to increasing demand for acid pumps from fertilizer, mechanical, and power Industries among other applications. The Global Horizontal Acid Pumps Market report provides a holistic market evaluation. The report provides a comprehensive analysis of key segments, drivers, trends, restraints, competitive landscape, and factors that play a substantial role in the market.
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Global Horizontal Acid Pumps Market Definition
A horizontal acid pump transports chemicals from one vessel to another. The benefit of horizontal acid compressors is their ability to swiftly and effectively convey enormous quantities of acids, allowing them to be ideal for use in refineries and other industrial environments. Horizontal Acid Pumps are entirely composed of plastic that resists corrosion. They are suited for circulating acids as well as aggressive liquids, even in harsh working circumstances, since no metal pieces come into touch with the liquids being pushed. They have a mechanical seal installed.
Horizontal Acid Pumps are made to withstand high flow speeds, which makes them suitable for swiftly and effectively conveying significant amounts of acid. These pumps have a wide range of uses, spanning mining, petrochemical manufacturing, water treatment, and chemical processing. Horizontal Acid Pumps are designed to transfer fluids quickly and efficiently, which can help improve the overall productivity of the process. They are also capable of handling high volumes of fluid, which can help reduce the processing time. Horizontal Acid Pumps are designed with safety in mind. They are equipped with safety features such as leak detection and overpressure protection to prevent accidents and ensure the safety of the workers and the environment.
Horizontal Acid Pumps are used in the chemical industry to transport extremely corrosive as well as harsh fluids. They are an essential part of many production processes due to their unique layout and construction, which enables them to handle these complex substances safely and effectively. These pumps work with acids often used in chemical production processes, including hydrochloric acid, nitric acid, sulfuric acid, and phosphoric acid.
The pumps are made of corrosion-resistant materials like stainless steel, premium plastic, and other substances that have undergone specific processing to survive acid contact. The liquid is drawn into the pump via an inlet port by a vacuum force produced by such pumps typically driven by electronic motors. When entering the pump, the liquid is propelled via impellers that create suction and force the fluid out of the output port.
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Global Horizontal Acid Pumps Market Overview
Horizontal Acid Pumps are designed to operate continuously and under highly demanding circumstances. They are often less expensive than vertical pumps, which is one of their key benefits. They are also simple to operate and manage, and disassembly may be done without relocating the motor. Several sectors that employ corrosive liquids in their manufacturing processes have grown as a result of global industrialization, which is among the primary driver for market growth. The introduction of new technologies has led to the production of Horizontal Acid Pumps that are more efficient, reliable, and durable than their predecessors. The availability of advanced materials, such as ceramics and composites, has also improved the performance of these pumps in handling corrosive liquids.
The capacity of Horizontal Acid Pumps to handle highly abrasive and sluggish fluids is among their main advantages. Also, they are made with characteristics that make maintenance simple, such replacement of wearing parts and simple access to the interior sections of the pump for cleaning and examination. Automation is becoming increasingly common in the chemical sector, contributing to the rising demand for Horizontal Acid Pumps. Automation raises production, enhances effectiveness and precision, and decreases downtime. The chemical sector’s automation adoption drives the need for pumps that can interface with automation machines.
Chemical, petrochemical, oil & gas, and water & wastewater treatment are among the end-use sectors installing chemical pumps rapidly. Depending on the needs and particular usage, these pumps are utilized in many end-use sectors. Furthermore, strict environmental standards that mandate corporations cut emissions and waste apply to the chemical sector. Horizontal Acid Pumps are essential to attaining these objectives because they move dangerous chemicals in a secure and regulated way. The need for pumps that can comply with increasingly strict environmental laws rises.
Nevertheless, using corrosive fluids have a harmful effect on the environment, which might result in more stringent rules and compliance requirements. This might raise the price of running and maintaining Horizontal Acid Pumps. Several businesses are implementing closed-loop systems or employing non-corrosive substances as alternatives to handle corrosive liquids. This, in turn, is expected to restrain the market over the forecast period.
Global Horizontal Acid Pumps Market Segmentation Analysis
The Global Horizontal Acid Pumps Market is Segmented on the basis of Type, Application, And Geography.
Horizontal Acid Pumps Market, By Type
- Multi-stage Pump
- Single-stage Pump
Based on the Type, the market is split into multi-stage pump, and single-stage pump. The multi-stage pump machine segment is expected to grow considerably over the forecast period. Mechanics are utilized to transfer fluid using the multi-stage pump. A similar suction or output pipe connects at least two machines that are placed in series. The discharged fluid can be routed into the supply route or the disposal line based on its use. They are frequently used in chemical, oil & gas, and electricity production for transporting fluids since they demand high-viscosity liquids at low stream speeds with minimal danger.
Horizontal Acid Pumps Market, By Application
- Fertilizer Industry
- Mechanical Industry
- Energy Industry
- Metallurgical Industry
- Chemical Industry
- Other
Based on Application, the market is split into fertilizer industry, mechanical industry, energy industry, metallurgical industry, chemical industry, other. The chemical segment is expected to grow significantly over the forecast period. In chemical processing facilities, Horizontal Acid Pumps are utilized for various tasks such as mixing, filtering, and chilling. They frequently carry acids to different processing chambers or containers for additional processing. Highly corrosive chemicals, including sulfuric acid, hydrochloric acid, nitric acid, and phosphoric acid, are moved from one place to another using Horizontal Acid Pumps. Such pumps are made of corrosion-resistant materials like high-grade polyethylene or stainless steel.
Horizontal Acid Pumps Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Based on the Regional Analysis, The Horizontal Acid Pumps Market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The market in Asia Pacific is expected to grow at a considerable pace over the forecast period due to rapid industrialization across the region coupled with the increasing demand from end-use industries such as metallurgy, chemical, mechanical, and others. Further, the rising population across countries such as India and China and the rising need for horizontal pumps in the food and beverage industry owing to increasing hygiene standards are expected to drive regional growth.
Key Players
The “Global Horizontal Acid Pumps Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as ITT, Flowserve, KSB, Sulzer, Weir Group, Ebara, Serfilco, IPItalia, Green Pumps & Equipments Private Limited, Henan Bulletproof Electromechanical Equipment Co., Ltd, JH PUMPS, Grundfos, DePump Technology Shijiazhuang Co., Ltd, Xylem Inc., Metso Corporation, Tapflo Group and other prominent players.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Horizontal Acid Pumps Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Global Horizontal Acid Pumps Market gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2018-2030 |
| BASE YEAR | 2021 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2018-2020 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | ITT, Flowserve, KSB, Sulzer, Weir Group, Ebara, Serfilco, IPItalia, Green Pumps & Equipments Private Limited, Henan Bulletproof Electromechanical Equipment Co., Ltd, JH PUMPS, Grundfos, DePump Technology Shijiazhuang Co., Ltd, Xylem Inc., Metso Corporation, Tapflo Group and other prominent players. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
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Industry Analysis Matrix
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