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Centrifugal Pump Market to Reach $48.8 Bllion by 2026: MarketsandMarkets™ iCrowd Newswire 24 Jun 2021, 09:23 GMT+10 According to the new market research report The global centrifugal pump market is projected to reach a size of USD 48.8 billion by 2026, at a CAGR of 5.9%, from an estimated USD 36.6 billion in 2021. High demand for centrifugal pumps in the agricultural sector and increasing investments in the construction industry attributing to rapid urbanization are the key factors driving the growth of the centrifugal pumps market. Likewise, the up-gradation of aging and construction of new water & wastewater treatment facilities and adoption of solar-powered centrifugal pumps are expected to offer lucrative opportunities for the submersible pumps market during the forecast period.

United statesSouth koreaAsia pacificAashish mehraSee campaignResearch newswireOil gas pumps marketPump marketOverhung impellerVertically suspendedBetween bearingOperation typeHair drivenSingle stageNorth americaSouth america