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Future Market Insights, Inc Christiana Corporate, 200 Continental Drive, Suite 401, Delaware Newark,, United States http://www.futuremarketinsights.com
Contact Mr Ankush Nikam +1 347-918-3531

Centrifugal Pumps Market Outlook, Geographical Segmentation, Industry Size & Share, Analysis to 2031

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Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2031, with a steady long-term projection, according to the latest insights by Future Market Insights (FMI). The report estimates the market to expand at 4.6% CAGR from 2021 to 2031. In the centrifugal pumps market, the industrial and domestic segments totaled US$ 24.3 billion for 2021, according to the annual market analysis conducted by FMI.

Strong demand from the water and wastewater sector and the food and beverage industry drives the centrifugal pump market in terms of volume. Demand for centrifugal pumps slumped in
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