As per MarkNtel Advisors Global Water Pumps in Chemical Industry size was valued at around USD 5.88 billion in 2024 and is projected to reach USD 6.88 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.06% during the forecast period, i.e., 2025-2030.
Water Pumps in Chemical Industry Systems Market Insights:Although the global market for chemicals is growing at a sluggish rate, the requirement for water pumps remains stable in the industry. The aforesaid growth rate is primarily due to the durability & greater lifespan of water pumps in the chemical industry. After installation, maintenance requirement comes after few years as they are built to carry corrosive and hazardous materials.
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