Middle East & North Africa (MENA) Centrifugal Water Pumps Market size to worth USD 12.5 billion by 2030, with CAGR of 5.8% from 2024-2030

The Middle East & North Africa (MENA) Centrifugal Water Pumps Market size was valued at around USD 8.9 billion in 2023 & is estimated to reach around 12.5 billion by 2030. The market is expected to grow at a CAGR of around 5.8% during the forecast period, i.e., 2024-30.                        

Key Findings of the Study: Middle East & North Africa (MENA) Centrifugal Water Pumps Market

Middle East & North Africa (MENA) Centrifugal Water Pumps Market Driver: Increasing Demand from Mining & Mineral Extraction Industries

The region covering the Middle East and North Africa is rich with oil and gas reserves, even some of the economies of the region are reliant on oil extraction and mining only. For human civilization, mineral extraction is an essential activity, as the extracted minerals are widely used in different industries, including manufacturing, healthcare, pharmaceuticals, chemicals & petrochemicals, and power generation. Also, we know that water pumps are an indispensable part of the mining and extraction industries.

Other mining activities include balancing the temperature using cooling systems near the power generators, dewatering mines, and repression of dirt and fine particles throughout minerals processing, all these activities require large amounts of water. The expansion of all these mineral extracting industries and the associated vital role played by centrifugal water pumps in the industries during mining activities is augmenting the growth & expansion of the centrifugal industry in the region and is anticipated to drive effective demand during the forecast period as well.

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Scope of the Report and Middle East & North Africa (MENA) Centrifugal Water Pumps Market Segmentation

By Operation Type

-Electrical

-Hydraulic

-Air- Driven

By End User

-Residential

-Commercial

-Industrial

--Oil & Gas

--Power Generation

--Water & Waste Water Treatment

--Mining & Metal

--Others (Automotive, Textile, etc.)

-Agriculture and Irrigation

·        In recent years, the largest share of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market in the End User category was taken up by industrial end users, and it is estimated that this trend will go on during the forecast period.

Top leading companies in the Middle East & North Africa (MENA) Centrifugal Water Pumps Market includes:

PSG Dover, Ebara Corporation, Flowserve Corporation, Grundfos Gulf Distribution FZE, ITT Inc., Kirloskar Brothers Limited (KBL), KSB SE & Co. KGaA, SPX FLOW, Inc., Sulzer Management Ltd., Torishima Pump MFG. Co. LTD., Baker Hughes Company, WILO SE, Parker Hannifin Corp., Weir Group PLC, Xylem Inc., and others

Middle East & North Africa (MENA) Centrifugal Water Pumps Market Development

·        2023: Baker Hughes Company has launched a new reinforced thermoplastic pipe technology which will reduce the time to first production, lower the lifecycle emissions, and enable quick installation.

·        2023: Kirloskar Brothers Limited (KBL) has launched a new avatar of the “Lifter” series, that are particularly made for shallow pumps, having a strong performance with high suction lift and energy efficiency.

For more detailed information about the Middle East & North Africa (MENA) Centrifugal Water Pumps market report, click here – https://www.marknteladvisors.com/research-library/mena-centrifugal-water-pumps-market.html                                

Geographical analysis:

The UAE

Saudi Arabia

Turkey

Qatar

Oman

Egypt

Bahrain

Kuwait

Israel

Iraq

Algeria

Morocco

Rest of the Middle East and North Africa (MENA)

·        Saudi Arabia is expected to remain a prevailing market for Centrifugal Water Pumps during the forecast period.

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