Radial Split Pump Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 8.9% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
The global Radial Split Pump market was valued at approximately USD 5.2 billion in 2022 and is expected to witness a compound annual growth rate (CAGR) of around 3.8% from 2023 to 2030. This steady growth can be attributed to the increasing demand for energy efficient pumping solutions in various industries, including oil and gas, water treatment, and chemical manufacturing. The markets expansion is further driven by the rising industrialization and infrastructure development across emerging economies, particularly in Asia Pacific and the Middle East. As the need for more reliable and durable pumping systems grows, particularly in harsh operating environments, the market is expected to gain momentum in the coming years. The oil and gas sector, in particular, remains a key end user segment for radial split pumps, with significant investments in exploration and production activities worldwide.
Regionally, Asia Pacific held the largest share of the Radial Split Pump market in 2022, accounting for approximately 40% of the total market size. This dominance is primarily due to the rapid industrialization, robust infrastructure development, and increased demand for energy solutions in countries like China, India, and Japan. North America and Europe are also key markets, driven by the presence of established industrial sectors and a growing focus on water and wastewater treatment. The Middle East and Africa are anticipated to experience significant growth over the forecast period, owing to the expanding oil and gas industry and the increasing need for advanced pumping systems in the region. The regional growth potential presents lucrative opportunities for manufacturers to capitalize on, especially in sectors focusing on energy efficiency and sustainability.
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Sulzer
EBARA Corporation
Ruhrpumpen
Baker Hughes
Flowserve
KSB
Shin Nippon Machinery
Finder Pompe
RENETRA
Inno Pumps
V-FLO Group
Source Pumps & Systems
Shandong Changzhi Energy Equipment Technology
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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 Radial Split Pump Market
Chemical Processing
Water Treatment
Food and Beverage
Mining and Metallurgy
Power Generation
Pulp and Paper
Oil and Gas
Pharmaceuticals
Agriculture
Construction
Textiles
Single Stage Radial Split Pump
Multi-Stage Radial Split Pump
Vertical Radial Split Pump
Horizontal Radial Split Pump
Cast Iron
Stainless Steel
Plastic
Bronze
Alloy Materials
Small Pumps (Less than 1 HP)
Medium Pumps (1 HP - 10 HP)
Large Pumps (Greater than 10 HP)
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 Radial Split 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 Radial Split Pump Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Radial Split Pump Market, By Type
6. Global Radial Split Pump Market, By Application
7. Global Radial Split Pump Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Radial Split Pump Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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