Plastic Lined Mag Drive Pump Market size is estimated to be USD 250 Million in 2024 and is expected to reach USD 400 Million by 2033 at a CAGR of 5.5% from 2026 to 2033.
The global Plastic Lined Mag Drive Pump market was valued at approximately USD 780.5 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. This growth is driven by increasing demand for leak free and corrosion resistant pumping solutions in industries such as chemical processing, pharmaceuticals, and wastewater treatment. The demand is particularly high in applications dealing with aggressive acids and solvents, where plastic lined magnetic drive pumps offer safety, durability, and low maintenance. As industries move toward more energy efficient and eco friendly fluid handling systems, the adoption of plastic lined mag drive pumps is accelerating, particularly in regions undergoing industrial modernization and stringent environmental regulation compliance.
Regionally, Asia Pacific held the largest market share in 2022, contributing over USD 310 million, attributed to the rapid expansion of chemical and manufacturing sectors in China, India, and Southeast Asia. Europe followed as the second largest market, supported by strict environmental legislation and a strong focus on sustainable industrial infrastructure. North America showed steady growth, with the United States leading in demand due to its mature industrial base and focus on chemical safety regulations. The Middle East & Africa and Latin America represent emerging opportunities for the market, particularly with ongoing investments in chemical plants and water treatment infrastructure. The growing trend of industrial automation and increasing replacement of traditional pumps with magnetically driven systems present further opportunities across all regions, especially in developing economies looking to reduce operational risks and enhance efficiency in fluid handling operations.
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Teikoku Electric Manufacturing
Saiken Pumps
Iwaki America Inc.
March Pump
Finish Thompson Inc.
Magnatex Pumps Inc.
Dickow Pump Company Inc.
Goulds Pumps
Tapflo Group
M Pumps Srl
Klaus Union
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 Plastic Lined Mag Drive Pump Market
Polypropylene (PP) Lined Pumps
Polyvinyl Chloride (PVC) Lined Pumps
Fluoropolymer Lined Pumps
Thermoplastic Lined Pumps
Chemical Processing
Water Treatment
Oil and Gas
Food and Beverage
Pharmaceuticals
Industrial Manufacturing
Energy and Power
Agriculture
Mining
Construction
Low Flow Rate (< 10 m³/h)
Medium Flow Rate (10-50 m³/h)
High Flow Rate (> 50 m³/h)
Electric Drive
Pneumatic Drive
Hydraulic Drive
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 Plastic Lined Mag Drive 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 Plastic Lined Mag Drive Pump Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Lined Mag Drive Pump Market, By Type
6. Global Plastic Lined Mag Drive Pump Market, By Application
7. Global Plastic Lined Mag Drive Pump Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Plastic Lined Mag Drive Pump Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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