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Liquid or gas can flow on its own either under the influence of gravity or from high pressure to low pressure. This means energy is added to the fluid to raise from a lower level to a high level or increase the pressure of the liquid. Pumps are used for transporting fluids. Efficient and reliable pumps are used in several systems which are required to achieve sustainable development goals. The demand for all types of pumps is bound to rise on account on development and modernization.
The volute pump is a type of centrifugal pump. Volute pumps transfer rotating kinetic energy or centrifugal energy to increase fluid velocity and pressure. Major components of a volute pump are impeller and volute casing. The impeller is a rotating part and imparts kinetic energy to the fluid.
The volute casing is a stationary part and converts the kinetic energy of fluid into pressure energy partially. The impellers can be open or semi-open or closed. The cross-sectional area of flow increases from volute mouth to pump exit, creating a volute shape. This increase in flow cross-section is done in the same direction as the rotational speed of the impeller.
Based on flow type, volute pumps can be segmented into the radial flow, axial flow, and mixed flow. Based on material, volute pumps can be differentiated into metal and concrete. A metal volute is made up of different metals like steel, various iron alloys, and aluminum alloys. The concrete volute casing is used for large-scale applications. Based on application, the market can be segmented into residential, commercial, industrial, irrigation, and others.
The primary market driver for global volute pump market is the increase in the use of pumps in the industrial sector. Increase in several power plants and irrigation schemes is expected to boost demand for pumps. Key market restraint for the global volute pump market is the high initial cost and maintenance cost. The high initial cost and maintenance cost is a result of increasing raw material prices.
Some of the notable companies in the global volute pump market are KSB, Rodelta, Andritz, Kirloskar Brothers, WPIL Limited, Torishima Pump Mfg. Co., Ltd., Lenntech, Sulzer, Hitachi Industrial Products, ClydeUnion Pumps, Gruppo Aturia P.I., Cornell Pump Company, Hidrostal, Bedford Pumps, Ebara, Prabhukrupa Industrial Corporation, Bosman Watermanagement B.V, Wiroon & Gwyness Co., Ltd, Armstrong Fluid Technology, ALLWEILER GmbH, Jyoti Ltd, Yokota Manufacturing, Sam Turbo Industry Private Limited, Seikow Chemical Engineering & Machinery, Xylem Water Solutions Austria GmbH, KUBOTA Corporation and WPIL Limited.
By Flow Type
· Radial Flow
· Axial Flow
· Mixed Flow
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
· Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)
The global volute pump market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The countries in the Asia-Pacific region are set to dominate the volute pump market in the forecast period. The rapid increase in manufacturing activity in countries like India, China, Vietnam, and Bangladesh, increase in power plants and irrigation projects and an increase in infrastructure projects are providing substantial growth to the volute pump market. North America and Europe are also expected to have steady growth on account replacement of aging pumping infrastructure. Latin America, Middle-East, and Africa will positively influence the growth of the volute pump market due to an increase in industrial activity.
Key Industry Developments
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