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The sealless pumps market is set to expand to $8.2 billion by 2031, with a compound annual growth rate of 10.6% from 2024 to 2031.<br><br>
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Sealless Pumps Market to Be Worth $8.2 Billion by 2031
Global Sealless Pumps Market – 2024-2031 Market Overview Meticulous Research® has released an in-depth report titled Sealless Pumps Market—Global Opportunity Analysis and Industry Forecast (2024-2031), predicting that the global sealless pumps market will reach around $8.2 billion by 2031, with a CAGR of 10.6% during the forecast period. Download @ https://www.meticulousresearch.com/download-sample-report/cp_id=5030 Research Report Sample Market Growth Drivers The sealless pumps market's expansion is primarily attributed to the increasing demand in the food and beverage industries, the growing acceptance of magnetically coupled pumps, and heightened use in the pharmaceutical sector. Despite these positive trends, challenges such as high power consumption of magnetic-driven pumps could limit growth. Segmental Analysis The report details various market segments, including product types, flow rates, applications, and end users: 1.Product Type: Magnetic-driven pumps are anticipated to dominate with over 64.0% market share by 2024. 2.Flow Rate: The 150 to 250 m³/hr segment is expected to hold more than 28.0% of the market share. 3.Applications: The chemical transfer application is projected to lead, capturing over 32.0% of the market share. 4.End Users: The chemical segment is expected to hold over 34.0% of the market share. Regional Insights Asia-Pacific is projected to dominate the sealless pumps market, accounting for over 45.0% of the market share in 2024, driven by rapid industrial growth and the presence of key manufacturers. The key players operating in the sealless pumps market are IDEX Corporation (U.S.), Flowserve Corporation (U.S.), KSB SE & Co. KGaA (Germany), IWAKI Co., Ltd. (Japan), ITT Goulds Pumps (U.S.), Kirloskar Brothers Limited (India), Teikoku Electric Mfg. Co„ Ltd. (Japan), Nikkiso Co., Ltd. (Japan), Klaus Union (U.S.), Sundyne (U.S.), CP Pumpen AG (Switzerland), HERMETIC- Pumpen GmbH (Germany), March Manufacturing Inc. (U.S.), OPTIMEX (France), Dandong Colossus CQ Ltd (China), Dickow Pumpen GmbH & Co. KG (Germany), and Richter Chemie- Technik GmbH (Germany). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/sealless-pumps-market-5030 Key Questions Answered in the Report: Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com
Global Sealless Pumps Market – 2024-2031 • Which are the high-growth market segments in terms of product, flow rate, application, and end user? • What was the historical market size for sealless pumps globally? • What are the market forecasts and estimates for 2024–2031? • What are the major drivers, restraints, opportunities, challenges, and trends in the sealless pumps market? • Who are the major players in the sealless pumps market, and what are their market shares? • What is the competitive landscape like? • What are the recent developments in the sealless pumps market? • What do major market players adopt the various growth strategies? • What are the major market trends, and which are the high-growth countries? • Who are the local emerging players in the sealless pumps market, and how do they compete with other players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com