What is Global ANSI Pumps Market?
The Global ANSI Pumps Market is a vast and dynamic sector that encompasses a wide range of pump types, each designed to meet specific industrial requirements. ANSI pumps, named after the American National Standards Institute, are centrifugal pumps that are used in process applications. These pumps are recognized for their high performance, durability, and ability to handle a variety of fluids, including corrosive or abrasive substances. The market for these pumps is driven by their extensive use in various industries such as oil and gas, chemical, and general manufacturing. The market's value was estimated at US$ 1613.2 million in 2023 and is projected to reach US$ 2178.6 million by 2030, demonstrating the significant growth potential of this sector.
Below 1,000 GPM, 1,000-5,000 GPM, 5001-10,000 GPM, Above 10,000 GPM in the Global ANSI Pumps Market:
The Global ANSI Pumps Market is segmented based on the pump's capacity, measured in Gallons Per Minute (GPM). The segments include Below 1,000 GPM, 1,000-5,000 GPM, 5001-10,000 GPM, and Above 10,000 GPM. The 1,000-5,000 GPM segment is the largest, accounting for about 40% of the market. These pumps are popular due to their versatility and ability to handle a wide range of applications. The Below 1,000 GPM pumps are typically used in smaller operations where the fluid handling requirements are less demanding. On the other hand, the 5001-10,000 GPM and Above 10,000 GPM pumps are used in large-scale industrial applications where high capacity pumping is required. Each segment has its unique market dynamics and growth drivers, contributing to the overall expansion of the Global ANSI Pumps Market.
Oil and Gas, Chemical, General Manufacturing, Others in the Global ANSI Pumps Market:
The Global ANSI Pumps Market finds its applications in various sectors such as Oil and Gas, Chemical, General Manufacturing, among others. In the Oil and Gas industry, these pumps are used for crude oil transfer, refinery processes, and fuel transport. The Chemical industry uses ANSI pumps for handling corrosive and hazardous chemicals, ensuring safe and efficient operations. In General Manufacturing, these pumps are used in various processes, including cooling, heating, and cleaning. The 'Others' category includes sectors like food and beverage, pharmaceuticals, and water treatment, where ANSI pumps are used for various fluid handling tasks. The diverse application areas of ANSI pumps underline their importance and the growth potential of the market.
Global ANSI Pumps Market Outlook:
The Global ANSI Pumps Market outlook presents an optimistic picture of the sector's future. As of 2023, the market was valued at US$ 1613.2 million and is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.2% to reach US$ 2178.6 million by 2030. This growth is driven by the increasing demand for these pumps in various industries and the continuous advancements in pump technology. The market is dominated by the top five manufacturers, who hold over 45% of the market share. Geographically, Asia-Pacific is the largest market, accounting for over 30% of the total market, followed by North America and Europe. The largest product type segment is the 1,000-5,000 GPM pumps, which hold about 40% of the market share. These statistics underline the robust growth and significant opportunities in the Global ANSI Pumps Market.
| Report Metric | Details |
| Report Name | ANSI Pumps Market |
| Accounted market size in 2023 | US$ 1613.2 million |
| Forecasted market size in 2030 | US$ 2178.6 million |
| CAGR | 4.2% |
| 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 | Flowserve, Ruhrpumpen Group, Dover (PSG), Pentair, ITT Goulds Pumps, Sulzer, Grundfos, WILO SE, Torishima, Sundyne, CECO Environmental, Ebara Corporation, Richter, Klaus Union, Kaiquan, DXP-Pumpworks |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
