Industrial Corrosion-resistant Magnetic Pump Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.8 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The Industrial Corrosion resistant Magnetic Pump Market was valued at approximately USD 1.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. This growth is attributed to the increasing demand for pumps that can handle aggressive and corrosive fluids across various industries such as chemicals, pharmaceuticals, water treatment, and oil & gas. The need for corrosion resistant pumps is particularly high in sectors that require the transfer of harsh chemicals or acids, creating a growing market for these pumps. As industries continue to invest in infrastructure improvements and safer, more efficient systems, the demand for magnetic pumps capable of withstanding corrosion is expected to rise significantly. Regionally, North America dominates the Industrial Corrosion resistant Magnetic Pump Market, accounting for nearly 35% of the market share in 2022. This dominance can be attributed to the rapid industrialization and high demand for pumps in various sectors like oil & gas and water treatment in the region. The Asia Pacific region is anticipated to witness the highest growth rate over the forecast period, driven by the increasing industrial activities in countries like China and India, along with expanding manufacturing sectors. Europe holds a substantial share of the market, owing to the increasing implementation of stringent environmental regulations and the growing need for energy efficient systems in chemical processing. Furthermore, Latin America and the Middle East are expected to experience steady growth due to the expanding oil and gas industry in these regions.
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Flowserve
Sundyne
Iwaki
Hermetic
Dickow Pumpen
Sanwa Hydrotech
Klaus Union
Dandong Colossus
ITT Goulds Pumps
Richter Chemie-Technik
Verder Liquids
Magnatex Pumps
Lanzhou Highland
ASSOMA
Taicang Magnetic Pump
March Manufacturing
GemmeCotti
Desmi
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Corrosion-resistant Magnetic Pump Market
Horizontal Magnetic Pumps
Vertical Magnetic Pumps
Submersible Magnetic Pumps
Others
Plastic
Stainless Steel
Alloy Materials
Ceramics
Chemical Processing
Water and Wastewater Treatment
Food and Beverage Industry
Pharmaceuticals
Pulp and Paper Industry
Oil & Gas
Mining and Metals
Power Generation
Agriculture
Marine and Shipping
Less than 100 L/min
100 to 500 L/min
500 to 1000 L/min
More than 1000 L/min
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Industrial Corrosion-resistant Magnetic Pump Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Corrosion-resistant Magnetic Pump Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Corrosion-resistant Magnetic Pump Market, By Type
6. Global Industrial Corrosion-resistant Magnetic Pump Market, By Application
7. Global Industrial Corrosion-resistant Magnetic Pump Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Corrosion-resistant Magnetic Pump Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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