What is Global Non-sealed Twin-Screw Pump Market?
The Global Non-sealed Twin-Screw Pump Market is a specialized sector within the broader pump industry. It refers to the market for twin-screw pumps that are not sealed, meaning they do not have a sealing mechanism to prevent the escape of the fluid being pumped. These types of pumps are often used in industries where the fluid being pumped is not hazardous or does not require containment. The market is global in nature, encompassing manufacturers, distributors, and users of non-sealed twin-screw pumps from all around the world. The market's dynamics are influenced by a variety of factors, including technological advancements, changes in industry standards and regulations, and shifts in demand from key end-use industries.
Single Volute Twin Screw Pump, Double Volutes Twin Screw Pump in the Global Non-sealed Twin-Screw Pump Market:
The Global Non-sealed Twin-Screw Pump Market is segmented into two main types of pumps: Single Volute Twin Screw Pump and Double Volutes Twin Screw Pump. Single Volute Twin Screw Pumps are designed with one spiral casing, or volute, that collects the fluid being pumped and directs it to the discharge point. These pumps are known for their simplicity and efficiency, making them a popular choice for many applications. On the other hand, Double Volutes Twin Screw Pumps feature two spiral casings, which can provide a more balanced distribution of forces and reduce wear on the pump. Both types of pumps have their own unique advantages and are suited to different applications, contributing to the diversity and versatility of the Global Non-sealed Twin-Screw Pump Market.
Oil and Gas Industry, Chemical Industry, Shipbuilding Industry, Power Industry, Others in the Global Non-sealed Twin-Screw Pump Market:
The Global Non-sealed Twin-Screw Pump Market serves a wide range of industries, each with its own unique needs and requirements. In the Oil and Gas Industry, these pumps are used for the transportation and processing of crude oil and natural gas. In the Chemical Industry, they are used to pump a variety of chemicals, including corrosive and hazardous substances. The Shipbuilding Industry uses these pumps for various marine applications, including fuel transfer and bilge pumping. In the Power Industry, non-sealed twin-screw pumps are used in power plants for tasks such as cooling water circulation and boiler feed water supply. Other industries that use these pumps include the food and beverage industry, the pharmaceutical industry, and the water treatment industry.
Global Non-sealed Twin-Screw Pump Market Outlook:
The market outlook for the Global Non-sealed Twin-Screw Pump Market is positive, despite the higher cost of these pumps compared to their sealed counterparts. In 2023, the market was valued at US$ 92 million, and it is projected to grow to US$ 113.1 million by 2030. This represents a compound annual growth rate (CAGR) of 3.0% during the forecast period from 2024 to 2030. This growth is expected to be driven by a combination of factors, including increasing demand from key end-use industries, ongoing technological advancements, and the inherent advantages of non-sealed twin-screw pumps, such as their versatility and efficiency.
| Report Metric | Details |
| Report Name | Non-sealed Twin-Screw Pump Market |
| Accounted market size in 2023 | US$ 92 million |
| Forecasted market size in 2030 | US$ 113.1 million |
| CAGR | 3.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Colfax, ITT Bornemann, Flowserve, SPX FLOW, Leistritz, HMS Livgidromash, Klaus Union, Netzsch, Wangen Pumps, PSG, Seim S.r.l., Fristam, Kosaka Laboratory, SOMA Pumps, CTP, Huangshan RSP |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
