Glycol Pumps Market size was valued at USD 1.5 Billion in 2024 and is projected to reach USD 2.5 Billion by 2033, exhibiting a CAGR of 6.2% from 2026 to 2033.
The global glycol pumps market was valued at approximately USD 1.25 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. The growing demand for glycol pumps across various industries, including chemical processing, HVAC, and oil & gas, is a key driver for market growth. In terms of regional share, North America held the largest market share in 2022, contributing about 35% to the global market due to the presence of established industries and high demand for HVAC systems and glycol based cooling solutions. Europe followed closely, with a share of around 30%, largely driven by its chemical and petrochemical sectors. The Asia Pacific region is expected to witness the highest CAGR during the forecast period, with an estimated growth rate of 6.5%, driven by rapid industrialization, growing demand from the manufacturing sector, and increasing infrastructure developments in countries like China and India. The glycol pumps market in Latin America and the Middle East & Africa (MEA) is relatively smaller but is showing promising potential. Latin America is anticipated to grow at a CAGR of 4.3%, supported by the expansion of the chemical and energy industries in countries such as Brazil. In the MEA region, which held a market share of around 12% in 2022, the increasing investments in oil & gas exploration and refinery activities are expected to drive demand for glycol pumps. The overall market dynamics are also influenced by the rising focus on energy efficient solutions and advancements in pump technologies, creating substantial opportunities for market players in the coming years.
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North Ridge Pumps
Kimray
Mcmaster
Viking Pump
LEWA
Verder
Cat Pumps
Xylem
TriRotor Inc
Goulds Pumps
Heat Exchange & Transfer
Inc.
John Wood
Inc.
T-Mag
Exterran
Rotor Tech
Bifold
HERMETIC-Pumpen GmbH
March Pumps
Sintech
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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 Glycol Pumps Market
Positive Displacement Pumps
Centrifugal Pumps
Diaphragm Pumps
Magnetic Drive Pumps
Industrial Processing
HVAC Systems
Food and Beverage Industry
Water Treatment Plants
Pharmaceutical Manufacturing
Oil and Gas
Chemicals
Mining
Pulp and Paper
Power Generation
Stainless Steel
Plastic
Cast Iron
Bronze
Low Flow Rate (up to 100 L/min)
Medium Flow Rate (100-1000 L/min)
High Flow Rate (above 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 Glycol Pumps 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 Glycol Pumps Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glycol Pumps Market, By Type
6. Global Glycol Pumps Market, By Application
7. Global Glycol Pumps Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Glycol Pumps Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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