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Global Hot Water Circulator Pump Market Information Report, By Type (Single-Stage Pump and Multistage Pumps), By Application (Residential, Commercial and Industrial) and By Region - Forecast To 2021\n

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market research future published a research

Market Research Future published a research report on “Hot Water Circulator Pump Market Research

Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Global Hot Water Circulator Pump Market Information by Type (Reclosable Packaging, Non-

reclosable Packaging, Special Blister Packaging), By End-Use (Personal Care, Chemicals,

Pharmaceuticals) and By Region – Forecast to 2023

Market Scenario

Hot water circulating pumps are basically a category of circulating pumps, which ensure immediate

availability of hot water from the taps, faucets, or exhaust systems. These pumps impel hot water

through the pipes, at a steady pace, and back to the water heater through a dedicated line or through

a cold water line. The hot water circulating pumps market is mainly gaining traction, globally due to

their ability to save water. Rapidly growing usage in commercial and residential applications coupled

with the continued employment in industries, is expected to positively impact the hot water

circulating system market.

The global hot water circulating pump market was valued at USD 19,014.0 million in 2016, which is

expected to reach USD 22,083.3 million by 2021 with the CAGR of 3.14%. Moreover, in terms of

volume, in 2016, the global consumption of hot water circulator pump was 37.80 million units, which

is expected to reach 42.07 million units by 2021, with the CAGR of 2.26%.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4903

The global market has seen a rising demand for hot water circulating pump owing to its growing

demand from its application sectors such as residential, commercial and industrial. The demand for

residential purpose has been the major driving factor. Moreover, the rising preference for hot water

in cold countries, have fueled the demand for hot water circulating pumps. On the other hand, the

high prices of circulating pump, higher maintenance and installation cost, have been the major

restraining factors for the global hot water circulator pump market.

For this study, the global hot water circulator pump market has been segmented on the basis of type

and application. On the basis of type, the market has been segmented as single-stage pump and

multistage pumps. Single-stage pumps account for the higher market share, followed by multi-stage

pumps. The growing preferences of single stage pump for residential purpose has been the major

reason behind this massive growth. Moreover, the lower maintenance cost than multi-stage pumps

have also been a reason for market growth.

On the basis of applications, the market has been segmented as residential, commercial and industrial.

Among these applications, residential has accounted the highest market share, followed by

commercial and industrial. The increasing demand for hot water circulating pump for residential

purpose, has been the fuelling the demand.

Geographically, the global hot water circulating pump market has been segmented as U.S., Europe,

China, Japan and Rest of the World. Among these regions, Europe has become the major revenue

generator in the global market, followed by USA and China. Europe has accounted for the market

share of 28 5 in terms of revenue countries such

share of 28.5%, in terms of revenue. Countries such as Germany, France, the U.K., and the

Netherlands are the leading countries, which have boosted the market for Europe hot water

circulating pump. U.S. is the second leading region in terms of value and volume. China has been a

major manufacturer of hot water circulator pumps. Presence of large number domestic players in

China, have created a significant scope for the global market.

The major players operating in global hot water circulating pump market, who have adopted the

strategies such as geographic expansion, mergers, and acquisitions are Xylem Inc (US), Grundfos

(Denmark), Flowserve Corporation (US), Armstrong Fluid Technology Limited (Canada), Calpeda

S.p.A (Italy), BacoEngineering.com (UK), Taco (US), AUMA Riester GmbH & Co. KG (Germany), Emile

Egger & Cie SA (Switzerland) and Saer Elettropompe SpA (Italy).

The report for Global Hot Water Circulating Pump Market of Market Research Future comprises of

extensive primary research along with the detailed analysis of qualitative as well as quantitative

aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and

industry performance. The report gives the clear picture of current market scenario which includes

historical and projected market size in terms of value and volume, technological advancement,

macro economical and governing factors in the market. The report provides details information and

strategies of the top key players in the industry. The report also gives a broad study of the different

market segments and regions.

Access Full Report @ https://www.marketresearchfuture.com/reports/hot-water-circulator-pump-

market-4903

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various

industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw

Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence

services to our clients. Our market research studies by products, services, technologies, applications,

end users, and market players for , regional, and country level market segments, enable our clients to

see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans &

conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future

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Maharashtra, India

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