Middle East & North Africa (MENA) Centrifugal Water Pumps market forecast 2030: key players & emerging trends

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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.

Middle East & North Africa (MENA) Centrifugal Water Pumps market size & insights

As per recent study by Markntel Advisors 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. 

What are the key dros in the Middle East & North Africa (MENA) Centrifugal Water Pumps market?

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.

What are the key segments in the Middle East & North Africa (MENA) Centrifugal Water Pumps market?

The Middle East & North Africa (MENA) Centrifugal Water Pumps is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

  • By Type
    • Overhung Pumps- Market Size & Forecast 2019-2030, USD Million
      • Vertical Line- Market Size & Forecast 2019-2030, USD Million
      • Horizontal End Suction- Market Size & Forecast 2019-2030, USD Million
    • Split Case Pumps- Market Size & Forecast 2019-2030, USD Million
      • Single/Two Stage- Market Size & Forecast 2019-2030, USD Million
      • Multi Stage- Market Size & Forecast 2019-2030, USD Million
    • Vertical Pumps- Market Size & Forecast 2019-2030, USD Million
      • Turbine- Market Size & Forecast 2019-2030, USD Million
        • Solid Handling- Market Size & Forecast 2019-2030, USD Million
        • Non-Solid Handling- Market Size & Forecast 2019-2030, USD Million
      • Axial- Market Size & Forecast 2019-2030, USD Million
      • Mixed Flow- Market Size & Forecast 2019-2030, USD Million
    • Submersible Pumps- Market Size & Forecast 2019-2030, USD Million
      • Solid Handling- Market Size & Forecast 2019-2030, USD Million
      • Non-Solid Handling- Market Size & Forecast 2019-2030, USD Million
  • By Operation Type
    • Electrical- Market Size & Forecast 2019-2030, USD Million
    • Hydraulic- Market Size & Forecast 2019-2030, USD Million
    • Air- Driven- Market Size & Forecast 2019-2030, USD Million
  • By End User
    • Residential- Market Size & Forecast 2019-2030, USD Million
    • Commercial- Market Size & Forecast 2019-2030, USD Million
    • Industrial- Market Size & Forecast 2019-2030, USD Million
      • Oil & Gas- Market Size & Forecast 2019-2030, USD Million
      • Power Generation- Market Size & Forecast 2019-2030, USD Million
      • Water & Waste Water Treatment- Market Size & Forecast 2019-2030, USD Million
      • Mining & Metal- Market Size & Forecast 2019-2030, USD Million
      • Others (Automotive, Textile, etc.)- Market Size & Forecast 2019-2030, USD Million
    • Agriculture and Irrigation- Market Size & Forecast 2019-2030, USD Million

 

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How does geographical analysis highlight in the Middle East & North Africa (MENA) Centrifugal Water Pumps market?

 

By Country

  • The UAE
  • Saudi Arabia
  • Turkey
  • Qatar
  • Oman
  • Egypt
  • Bahrain
  • Kuwait
  • Israel
  • Iraq
  • Algeria
  • Morocco
  • Rest of the Middle East and North Africa (MENA)

 

Who are the key players in Middle East & North Africa (MENA) Centrifugal Water Pumps market?

  • 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.
  • Others

 

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Water Pump Industry Recent 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.

 

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  • Risk identification: pinpoint challenges to inform strategic planning.
  • Future forecasts: prepare for market changes with actionable projections.

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