Single-stage Magnetic Pump Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.1 Billion by 2033, exhibiting a CAGR of 7.2% from 2026 to 2033.
In 2022, the global single stage magnetic pump market was valued at approximately USD 1.2 billion, with projections indicating growth to around USD 2.7 billion by 2032, reflecting a compound annual growth rate (CAGR) of about 9.1% during the forecast period. This growth is primarily driven by the increasing demand for leak free and maintenance free pumping solutions across various industries. Asia Pacific emerged as the dominant regional market, accounting for 35% of the global share in 2023, fueled by rapid industrialization and infrastructure development in countries such as China, India, and Japan. North America followed with a 30% share, supported by established industrial sectors and continuous technological advancements. Europe held a 20% share, driven by stringent environmental regulations and safety standards.The chemical industry was the largest application segment in 2023, contributing 35% to the market, due to the rising demand for handling hazardous and corrosive fluids safely. The oil & gas sector accounted for 30%, while general industry applications held a 20% share. Notably, the food & pharmaceutical sector is projected to be the fastest growing application, driven by the increasing need for sanitary and precise pumping solutions. Among pump types, centrifugal magnetic pumps dominated with a 60% share in 2023, while peristaltic magnetic pumps are anticipated to experience the highest growth rate, attributed to their precision and cleanliness, which are essential in food and pharmaceutical applications.
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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
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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 Single-stage Magnetic Pump Market
Aquatic Systems
Chemical Processing
Food and Beverage
Pharmaceuticals
Water and Wastewater Treatment
Municipal Services
Industrial Manufacturing
Oil and Gas
Power Generation
Research and Development Laboratories
Stainless Steel
Polypropylene
PTFE (Polytetrafluoroethylene)
Cast Iron
Ceramics
Standard Magnetic Pumps
High-Temperature Magnetic Pumps
Corrosion-Resistant Magnetic Pumps
Submersible Magnetic Pumps
Custom-designed Magnetic Pumps
Electric-Powered Magnetic Pumps
Pneumatic-Powered Magnetic Pumps
Solar-Powered Magnetic Pumps
Hydraulic-Powered Magnetic Pumps
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 Single-stage 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 Single-stage Magnetic Pump Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Single-stage Magnetic Pump Market, By Type
6. Global Single-stage Magnetic Pump Market, By Application
7. Global Single-stage Magnetic Pump Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Single-stage Magnetic Pump Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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