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Spray Pump Market Size, Share & Industry Analysis, By Type (Diaphragm Pumps, Centrifugal Pumps), By Application (Oil & Gas, Industrial, Agriculture, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106121 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

A spray pump is a mechanical equipment which is developed to produce a pressure that is different to spray fluid from the storage tank, via system plumbing. Spray pumps are specifically are used for spraying liquids & have two types i.e. centrifugal and diaphragm. These type of devices are mainly used in many industries comprises liquid transfer, systems, & other water related applications. The spray pump devices with particular applications is surging. As there are many industrial applications where fungicides, insecticides & pesticides are being utilized for safety purposes, spray pumps fulfils all these requirements.


Furthermore, spray pumps has major function to split the liquid & convert into droplets of effectual size and disburse it equally on all over the space & surface to ensure protection. These pumps are also utilized to modulate the amount of fungicides, insecticides, pesticides & nutrient so as to avoid irrelevant usage, which may ratify to be detrimental. There are numerous application areas where spray pumps are applied like agriculture, oil and gas, industrial & others. Apart from that, this equipment are also utilized in residential gardens. Also, there are some of the technologically advanced developed spray pumps with the axial flow fans evolves high volume of air, which is aimed deep into the canopy without harming crops.

As the agriculture sector witnessing huge growth, therefore demand for devices with particular applications is rising. Spray pumps are equipped with quality of maintaining stability in pressure with better efficiency. One of type of spray pumps, i.e. centrifugal pumps are mostly used for pesticides applications. As these centrifugal spray pumps have the ability to ensure the flow control therefore they have high demand & popularity.

The spray pump market is expected to indicate huge growth over forecast period owing to involvement of major players in the market. Players like Graco, PMT Spray Pump, Wuxi Sunmart Science and Technology, The Altec Spray Equipment, MBP Spray equipment & others are offering wide range in products & contributing towards growth. Covid-19 pandemic may boost the market also as the demand of sanitization for maintaining hygiene has witnessed the huge growth, therefore these spray pumps are becoming highest adopting device in this industry.

Key Market Driver -

• Rapid Adoption in Agriculture Sector in Various Applications. • Rising Advent of Coronavirus Pandemics That Drives the Demand of Hand Spray Pump.

Key Market Restraint -

• Fluctuation in Foreign Currency Exchange Rates. • High capital investment in modern agricultural equipment


Key Players Covered:


Some major key players in the market include Wuxi Sunmart Science and Technology, PMT Spray Pump, MBP Spray equipment, Graco, The Altec Spray Equipment & Pump, Silvan, Hogan Spray, Croplands & others.

Regional Analysis:


North America & Latin America is anticipated to experience the moderate surge owing to rise in agriculture sector as well as increase in sanitization initiatives. Agriculture industry is equipped with lot of field work such as sowing, reaping, weeding & spraying is considered to be eminent field work. Also, due to covid-19 the sanitization & hygiene maintained has increased & demand for equipment has also increased, therefore this region is expected to have a major growth. The involvement of key players are also contributing towards the progress of this market in the region. For instances, The Altec Spray Equipment, based in U.S are manufacturers of heavy duty custom spray equipment. They offer wide range products like compact sprayers, roadside sprayers, small skid mount sprayers, large skid mount sprayers, multi tank skid mount sprayers & others. In terms of design & functionality this region have shown a significant in recent years.

Asia Pacific region is expected to be the dominant in the global spray pump market due to large dependence of economy on the agriculture sector. Spraying of fungicides, insecticides, nutrients & pesticides safeguards the crops from insects, pests, fungi & diseases. Due to various application of these spraying pumps in agriculture sector this region expected to exhibit major growth. Especially those countries where agriculture is a major occupation for maintaining the economy such as India & China. The rise of agriculture practice & usage in technological developed tools along with the demand of good-quality agricultural production are some of major driving factors in the region.

Furthermore, Europe region is projected to exhibit substantial growth over forecast period owing to market due to solid agriculture base in some of the European countries. Countries like Germany, Spain, Italy, & France are considered to have prominent agriculture base which may boost spray pump market. Also, increase in hygiene & cleanliness maintenance due to covid-19 pandemic can upsurge the market in the region. Key players like MBP Spray equipment, located in Spain are delivering good range of pumps for different application. Their offerings includes two components mixing units, varnishing & painting equipment, injection 2k pumps, transfer pumps, pneumatic agitators, grease pumps & extrusion supply systems. The involvement of manufacturers delivering high-quality equipment are also boosting the market.

With growing oil & gas industry, the spray pumps are being utilised for drilling, upstream exploration, & completions including offshore & onshore. Therefore, the demand of spray pumps in Middle East and Africa is expected to demonstrate major growth due to rapid industrialization and the growing oil & gas industry as well as agriculture sector.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Diaphragm Pumps

  • Centrifugal Pumps



By Application



  • Oil & Gas

  • Industrial

  • Agriculture

  • Others



By Region



  • North America (U.S., Canada and Mexico)

  • Europe (U.K., Germany, Spain, Italy, France, Benelux, Nordics and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)

  • Middle East & Africa (Israel, Turkey, GCC, North Africa, South Africa and Rest of the Middle East & Africa)

  • South America (Brazil, Argentina and Rest of South Africa)



Key Industry Developments



  • In August 2019: The Altec Spray Equipment changed their name from from Puregas, LLC to Altec AIR, LLC.

  • In May 2020: Croplands gave a complete make-over to their iconic Quantum Mist vineyard sprayer.





  • Ongoing
  • 2023
  • 2019-2022

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