Oil Refining Pumps Market
Oil Refining Pumps Market Analysis Report By Product Type (Reciprocating, Rotary, Centrifugal Pumps), By Capacity (Small (Up to 500 gpm), Medium (500-1,000 gpm), High (More than 1,000 gpm)), By Application, By Region - Global Insights 2022 to 2032
Analysis of Oil Refining Pumps market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Oil Refining Pumps Market Snapshot
The global oil refining pumps market is estimated at USD 6.2 Billion in 2022 and is forecast to surpass USD 8.6 Billion by 2032, growing at a CAGR of 3.3% from 2022 to 2032.
| Report Attributes | Details |
|---|---|
| Base Year Value (2021A) | USD 6.0 Billion |
| Estimated Year Value (2022E) | USD 6.2 Billion |
| Projected Year Value (2032F) | USD 8.6 Billion |
| Global Growth Rate (2022 to 2032) | CAGR 3.3% |
| Middle East & Africa (MEA) Market Share in 2021 | ~32% |
| Middle East & Africa (MEA) Growth Rate (2022 to 2032) | CAGR 4.3% |
| Collective Value Share (Saudi Arabia, UAE, Iraq) 2021: Top 3 Countries | ~21% |
| Top 5 Companies Market Share in 2021 | ~42% |
| Key Companies Profiled | Xylem; Flowserve Corporation; KSB SE & Co. KGaA; Weir Group; Sulzer Ltd.; GRUNDFOS; Gardner Denver; ITT, Inc.; March Pump; TechnipFMC; SPX Flow, Inc.; Alfa Laval |
The global oil refining pumps market accounts for ~10% of the global industrial pumps market in 2022. The global oil refining pumps market is estimated to have an absolute $ opportunity of USD 2.4 Billion during the assessment period of 2022 to 2032.
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2017 to 2021 Global Oil Refining Pumps Market Outlook in Comparison to 2022 to 2032 Growth Forecast
The demand for submersible pumps under centrifugal pumps, reciprocating pumps and rotary pumps are witnessing 1.3X demand in the oil industry. This is attributed to the functions of oil refining pumps used to transfer fluid from one location to another.
Additionally, incorporation of different types of oil refining pumps in the refining system to fulfill a specific purpose to purify and transport fluids is estimated to boost market growth during the assessment period.
Fact.MR projects the oil refining pumps market is expected to witness exhibiting growth at 3.3% CAGR during 2022 and 2032 in comparison to a CAGR of 2.1% with which it grew from 2017 to 2021.
Rising Oil Demand Driving Market Growth
Oil demand is projected to increase by more than 110 million b/d in 2022, according to the International Energy Agency’s (IKEA’s) Oil Market Report. The rising power demand and substantial reliance on oil in developing economies is resulting in the development of oil refineries, thereby driving the sales of oil refining pumps.
According to the Organization of the Petroleum Exporting Countries (OPEC), the demand for OPEC crude oil is estimated to increase by more than 40 million b/d by the end of 2040, which is expected to fuel the energy demand. The member countries of OPEC are committed to investing in expanding oil refineries and constructing pipelines and terminals.
Latin America, Middle East & Africa, and Asia-Pacific are expected to witness refinery additions in coming years. This is estimated to fuel demand for oil refining pumps by 2.1X. Additionally, the demand for energy is projected to grow at an average rate of 1.9% p.a. during the years of 2015 to 2040 in developing markets of Asian region, owing to enhanced demand placed on table by the rising population.
Oil refineries are expected to produce more concentrated blend of fuels with off-spec fuel oil. The growth in natural gas liquid and crude oil in United States, is resulting in rise in investment in oil and gas infrastructure. Germany, Italy, and Spain in Europe have high refining capacity and are home to crude oil refining industry.
Owing to the rising demand for crude oil worldwide, is leading to additional investment in oil refineries. This is estimated to provide a gain of 235 BPS during the assessment years of 2022 to 2032.
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Smart Oil Refining Pumps Gaining Traction
Manufacturers are focusing on the process of innovation and digitalization in oil & gas sector, leading to cost-saving and profitable products. Oil refining pumps integrated with new technology are gaining popularity in oil refineries.
Industrial Internet of Things (IIoT) based smart oil refining pumps which are able to collect data on devices, monitors pipe thickness, pressure, flow rate, have sensors and monitors software’s, and are energy-efficient as well, is expected to raise the oil refining pumps market demand by 1.2X in coming years.
Additionally, failure of pumps impacts safety, therefore, oil refining pumps manufactures are integrating pumps with smart pumping technology and IIoT, to avoid unplanned outages, optimize operations, and reduce processing costs. Strict regulation in accordance with energy consumption are leading to enhanced adoption of oil refining pumps, thus, enhancing market growth by 1/4th i.e. ~25% of current demand levels.
Expanding Capacity Creating Growth Opportunities
The growing demand for transportation and industries, is fueling the increase in refining capacity in countries like China and India in coming years. India is likely to maintain the position of fastest growing petroleum products market in Asia-Pacific, according to Energy Information Administration (EIA).
Moreover, oil companies in Southeast Asia are investing in expanding refining capacity to fulfill steady demand from transportation industry. Companies in Indonesia, Thailand, Malaysia, are undertaking refinery expansions. This is expected to boost market demand of smart pumps by 2.1X in coming years.
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Competitive landscape highlights only certain players
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Stringent Regulations Poses Challenges
Governments across countries are imposing strict emission regulations in the oil industry owing to the rise in global emission levels. Major companies in oil industry are focusing on investing in low-carbon and non-fossil fuel based energy sources.
For instance, Europe is undertaking a rapid shift from oil and coal-based energy system to renewables sources of energy. The adoption of electric vehicles (EVs) in multiple countries is likely to impact oil refineries. Moreover, countries such as UK and France are planning to stop the sale of gasoline and diesel based vehicles by the end of 2040, thus constraining market demand by 0.6X.
However, demand for refinery products such as marine fuel, jet fuel etc. for use in petrochemicals is likely to gain traction in coming years, thereby resulting in escalating demand for oil refining pumps.
Region-wise Insights
Which region accounts for more enhanced demand for Oil Refining Pumps Market?
Middle East & Africa (MEA) oil refining pumps market is the most lucrative market and is expected to maintain dominance in the region, which currently holds 32.3% of the overall market share. As many oil companies are located in Middle East, the demand for oil refining pumps in UAE, Qatar, and Saudi Arabia is projected to grow at a CAGR of 3.1% over the assessment years of 2022 to 2032. Additionally, investments in oil & gas sector in high crude oil producing regions is expected to trigger market growth in coming years.
What is the market scenario in Asia-Pacific?
The Asia-Pacific oil refining pumps market consisting of East Asia and South Asia, holds 31.5% of the overall market share together and is projected to grow at a CAGR of 3.3% in coming years. This is attributed to the escalating demand for gasoline and diesel in countries of China and India.
The Asia-Pacific region is bound to create growth advances for oil refining pumps manufacturers owing to the investment in construction of new oil refineries and amelioration of existing oil refineries. This is powering the growth in oil refining pumps market in the Asia-Pacific region in coming years.
Category-wise Insights
Which type of pump is expected to be the largest contributor during the forecast period in Oil Refining Pumps Market?
Centrifugal pumps are used widely for multiple application and often preferred for processes that are able to handle low viscosity, and high flow rates. The segment holds 36.1% market share of the oil refining pumps market. The demand is expected to boost by 1.7X owing to their enhanced usage in upstream oil & gas industry in multi-phase or tri-phase pumping applications. Additionally, transporting a large amount of liquid to fulfill the augmenting demand for oil in developing economies is projected to drive the market demand by 23% in coming years.
Which segment under application type is holds more market share and is poised to show more growth in Oil Refining Pumps Market?
The application of oil refining pumps for refinery process accounts for largest market share by contributing nearly 37.6% to the overall market share. The segment is projected to grow at a CAGR of 2.9% during the forecast years of 2022 to 2032. This is attributed to pumps being a necessary component in oil drilling. Their functionality of accelerating the transfer of liquid from one location to another, is contributing to enhanced demand.
Competitive Landscape: Top Companies in Oil Refining Pumps Market
The global oil refining pumps market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced oil refining pumps.
Fact.MR has provided detailed information about price points of top manufacturers of oil refining pumps market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- Weir Group won a 3-year contract in 2020, from a national oil company in the UAE to repair and service motor and pumps.
- Alfa Laval in 2020, won a supply contract to supply Framo pumping systems for two Floating Production Storage and Offloading (FPSO) vessels which comprises marine pumping systems for seawater and firewater lift service, operating outside the coast of Brazil
Global Oil Refining Pumps Market by Category
-
By Product Type :
- Centrifugal Pumps
- Single Stage
- Multi-Stage
- Axial and Mixed
- Submersible
- Seal less and Circular
- Reciprocating Pumps
- Piston
- Plunger
- Diaphragm
- Rotary Pumps
- Gear
- Vane
- Screw
- Lobe
- Progressive Cavity Pumps
- Piston
- Peristaltic
- Centrifugal Pumps
-
By Capacity :
- Small (Up to 500 gpm)
- Medium (500-1,000 gpm)
- High (More than 1,000 gpm)
-
By Application :
- Refinery Process Oil Refining Pumps
- Water Circulating Oil Refining Pumps
- Special Purpose Oil Refining Pumps
- Water/Wastewater Oil Refining Pumps
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Supply Chain Analysis
- 5. Key Market Trends
- 6. Global Demand for Market - Pricing Analysis
- 7. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Product Type
- 7.1. Centrifugal Pumps
- 7.1.1. Single Stage
- 7.1.2. Multi-Stage
- 7.1.3. Axial and Mixed
- 7.1.4. Submersible
- 7.1.5. Seal less and Circular
- 7.2. Reciprocating Pumps
- 7.2.1. Piston
- 7.2.2. Plunger
- 7.2.3. Diaphragm
- 7.3. Rotary Pumps
- 7.3.1. Gear
- 7.3.2. Vane
- 7.3.3. Screw
- 7.3.4. Lobe
- 7.3.5. Progressive Cavity Pumps
- 7.3.6. Piston
- 7.3.7. Peristaltic
- 7.1. Centrifugal Pumps
- 8. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Capacity
- 8.1. Small (up to 500 gpm)
- 8.2. Medium (500-1,000 gpm)
- 8.3. High (More than 1,000 gpm)
- 9. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Application
- 9.1. Refinery Process Oil Refining Pumps
- 9.2. Water Circulating Oil Refining Pumps
- 9.3. Special Purpose Oil Refining Pumps
- 9.4. Water/Wastewater Oil Refining Pumps
- 10. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia
- 10.6. Oceania
- 10.7. Middle East and Africa (MEA)
- 11. North America Market 2017 to 2021 and Forecast 2022 to 2032
- 12. Latin America Market 2017 to 2021 and Forecast 2022 to 2032
- 13. Europe Market 2017 to 2021 and Forecast 2022 to 2032
- 14. East Asia Market 2017 to 2021 and Forecast 2022 to 2032
- 15. South Asia Market 2017 to 2021 and Forecast 2022 to 2032
- 16. Oceania Market 2017 to 2021 and Forecast 2022 to 2032
- 17. Middle East and Africa Market 2017 to 2021 and Forecast 2022 to 2032
- 18. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Xylem
- 20.2. Flowserve Corporation
- 20.3. KSB SE & Co. KGaA
- 20.4. Weir Group
- 20.5. Sulzer Ltd.
- 20.6. GRUNDFOS
- 20.7. Gardner Denver
- 20.8. ITT, Inc.
- 20.9. March Pump
- 20.10. TechnipFMC
- 20.11. SPX Flow, Inc.
- 20.12. Alfa Laval
- 21. Assumptions & Acronyms Used
- 22. Research Methodology
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List Of Table
Table 1: Global Market Value (USD Million) and Forecast, By Region, 2017 to 2021
Table 2: Global Market Value (USD Million) and Forecast, By Region, 2022 to 2032
Table 3: Global Market Volume (Units) and Forecast, By Region, 2017 to 2021
Table 4: Global Market Volume (Units) and Forecast, By Region, 2022 to 2032
Table 5: Global Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 6: Global Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 7: Global Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 8: Global Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 9: Global Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 10: Global Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 11: Global Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 12: Global Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 13: Global Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 14: Global Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 15: Global Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 16: Global Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 17: North America Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 18: North America Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 19: North America Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 20: North America Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 21: North America Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 22: North America Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 23: North America Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 24: North America Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 25: North America Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 26: North America Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 27: North America Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 28: North America Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 29: North America Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 30: North America Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 31: North America Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 32: North America Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 33: Latin America Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 34: Latin America Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 35: Latin America Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 36: Latin America Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 37: Latin America Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 38: Latin America Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 39: Latin America Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 40: Latin America Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 41: Latin America Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 42: Latin America Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 43: Latin America Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 44: Latin America Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 45: Latin America Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 46: Latin America Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 47: Latin America Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 48: Latin America Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 49: Europe Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 50: Europe Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 51: Europe Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 52: Europe Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 53: Europe Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 54: Europe Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 55: Europe Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 56: Europe Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 57: Europe Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 58: Europe Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 59: Europe Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 60: Europe Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 61: Europe Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 62: Europe Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 63: Europe Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 64: Europe Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 65: East Asia Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 66: East Asia Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 67: East Asia Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 68: East Asia Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 69: East Asia Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 70: East Asia Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 71: East Asia Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 72: East Asia Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 73: East Asia Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 74: East Asia Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 75: East Asia Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 76: East Asia Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 77: East Asia Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 78: East Asia Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 79: East Asia Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 80: East Asia Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 81: South Asia Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 82: South Asia Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 83: South Asia Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 84: South Asia Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 85: South Asia Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 86: South Asia Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 87: South Asia Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 88: South Asia Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 89: South Asia Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 90: South Asia Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 91: South Asia Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 92: South Asia Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 93: South Asia Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 94: South Asia Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 95: South Asia Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 96: South Asia Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 97: Oceania Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 98: Oceania Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 99: Oceania Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 100: Oceania Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 101: Oceania Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 102: Oceania Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 103: Oceania Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 104: Oceania Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 105: Oceania Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 106: Oceania Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 107: Oceania Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 108: Oceania Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 109: Oceania Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 110: Oceania Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 111: Oceania Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 112: Oceania Market Volume (Units) and Forecast, By Application, 2022 to 2032
Table 113: MEA Market Value (USD Million) and Forecast, By Country, 2017 to 2021
Table 114: MEA Market Value (USD Million) and Forecast, By Country, 2022 to 2032
Table 115: MEA Market Volume (Units) and Forecast, By Country, 2017 to 2021
Table 116: MEA Market Volume (Units) and Forecast, By Country, 2022 to 2032
Table 117: MEA Market Value (USD Million) and Forecast, By Product Type, 2017 to 2021
Table 118: MEA Market Value (USD Million) and Forecast, By Product Type, 2022 to 2032
Table 119: MEA Market Volume (Units) and Forecast, By Product Type, 2017 to 2021
Table 120: MEA Market Volume (Units) and Forecast, By Product Type, 2022 to 2032
Table 121: MEA Market Value (USD Million) and Forecast, By Capacity, 2017 to 2021
Table 122: MEA Market Value (USD Million) and Forecast, By Capacity, 2022 to 2032
Table 123: MEA Market Volume (Units) and Forecast, By Capacity, 2017 to 2021
Table 124: MEA Market Volume (Units) and Forecast, By Capacity, 2022 to 2032
Table 125: MEA Market Value (USD Million) and Forecast, By Application, 2017 to 2021
Table 126: MEA Market Value (USD Million) and Forecast, By Application, 2022 to 2032
Table 127: MEA Market Volume (Units) and Forecast, By Application, 2017 to 2021
Table 128: MEA Market Volume (Units) and Forecast, By Application, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 2: Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 3: Global Market Value (USD Million) and Volume (Units), By Region, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Rate, By Region, 2022 to 2032
Figure 5: Global Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 7: Global Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 8: Global Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 9: Global Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 11: North America Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 12: North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 13: North America Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 15: North America Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 17: North America Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 19: North America Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 21: North America Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 22: North America Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis, By Application, 2022 to 2032
Figure 25: Latin America Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 26: Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 27: Latin America Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 28: Latin America Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 29: Latin America Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 31: Latin America Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 33: Latin America Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 35: Latin America Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 36: Latin America Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 38: Latin America Market Attractiveness Analysis, By Application, 2022 to 2032
Figure 39: Europe Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 40: Europe Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 41: Europe Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 42: Europe Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 43: Europe Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 44: Europe Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 45: Europe Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 47: Europe Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 48: Europe Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 49: Europe Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 50: Europe Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 52: Europe Market Attractiveness Analysis, By Application, 2022 to 2032
Figure 53: East Asia Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 54: East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 55: East Asia Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 57: East Asia Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 59: East Asia Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 61: East Asia Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 64: East Asia Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 66: East Asia Market Attractiveness Analysis, By Application, 2022 to 2032
Figure 67: South Asia Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 68: South Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 69: South Asia Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 70: South Asia Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 71: South Asia Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 72: South Asia Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 73: South Asia Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 74: South Asia Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 75: South Asia Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 76: South Asia Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 77: South Asia Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 78: South Asia Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 79: South Asia Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 80: South Asia Market Attractiveness Analysis, By Application, 2022 to 2032
Figure 81: Oceania Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 82: Oceania Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 83: Oceania Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 84: Oceania Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 85: Oceania Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 86: Oceania Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 87: Oceania Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 88: Oceania Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 89: Oceania Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 90: Oceania Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 91: Oceania Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 92: Oceania Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 93: Oceania Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 94: Oceania Market Attractiveness Analysis, By Application, 2022 to 2032
Figure 95: MEA Market Value (USD Million) and Volume (Units) Forecast, 2022 to 2032
Figure 96: MEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 97: MEA Market Value (USD Million) and Volume (Units), By Country, 2022 & 2032
Figure 98: MEA Market Y-o-Y Growth Rate, By Country, 2022 to 2032
Figure 99: MEA Market Value (USD Million) and Volume (Units), By Product Type, 2022 & 2032
Figure 100: MEA Market Y-o-Y Growth Rate, By Product Type, 2022 to 2032
Figure 101: MEA Market Value (USD Million) and Volume (Units), By Capacity, 2022 & 2032
Figure 102: MEA Market Y-o-Y Growth Rate, By Capacity, 2022 to 2032
Figure 103: MEA Market Value (USD Million) and Volume (Units), By Application, 2022 & 2032
Figure 104: MEA Market Y-o-Y Growth Rate, By Application, 2022 to 2032
Figure 105: MEA Market Attractiveness Analysis, By Country, 2022 to 2032
Figure 106: MEA Market Attractiveness Analysis, By Product Type, 2022 to 2032
Figure 107: MEA Market Attractiveness Analysis, By Capacity, 2022 to 2032
Figure 108: MEA Market Attractiveness Analysis, By Application, 2022 to 2032
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- FAQs -
What is the global Oil Refining Pumps Market scenario?
The global value of oil refining pumps market is estimated to be worth over USD 6.2 Billion in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 8.6 Billion by 2032 end.
What was the last 5-year CAGR for the demand in the Oil Refining Pumps Market?
During 2017 to 2021, global oil refining pumps market grew at 2.1% CAGR.
Who are the prominent players in the global Oil Refining Pumps Market?
Some of the prominent players in oil refining pumps market are Xylem, Flowserve Corporation, KSB SE & Co. KGaA, Weir Group, Sulzer Ltd etc.
Which is the most leading region in the Oil Refining Pumps Market?
Middle East & Africa (MEA) tops the global oil refining pumps market accounting for 32.3% of global market share in 2022.
Which product type contributes maximum share in Oil Refining Pumps Sales?
Centrifugal pumps under product type contributes 36.1% of market share in global sales of oil refining pumps.
Oil Refining Pumps Market