The Slurry Pumps Market is anticipated to experience significant growth in the forecast period due to increased demand from industrial sectors such as mining, minerals processing and other related industries. Slurry pumps are used for transporting abrasive slurries from one place to another. Slurry pumps can handle high flow rates with low shear forces on particles, thus making them suitable for a wide range of applications.
In addition to the increasing demand from industrial sectors, the Slurry Pump Market has also been aided by government regulations and incentives across various countries, which have resulted in increased investments in infrastructure and manufacturing activities. The growing adoption of slurry pumps for agricultural irrigation systems has further helped boost market growth. Other factors contributing to this growth include technological advancements, product innovations, and the rise in demand from emerging economies.
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Slurry is hydraulically transported using hose pumps, centrifugal pumps, or lobe pumps in a variety of industries. Centrifugal pumps are the most often utilised slurry pumps despite the fact that many different types of pumps are employed for the transportation of slurry. The centrifugal slurry pump’s revolving impeller gives the slurry the necessary kinetic energy for movement.
An impeller, a bearing assembly, a casing, a drive, and a sealing arrangement make up a centrifugal slurry pump. Slurry pumps can be set up horizontally or vertically. The majority of horizontal slurry pumps are installed dry. Additionally, wet installation of slurry pumps is desirable in several applications where the slurry level fluctuates.
Slurry Pumps Market: Dynamics
Numerous tiny slurry pumps with straightforward designs have been created because to technological breakthroughs. This has expanded the use of slurry pumps across a wide range of industries, supporting the market’s anticipated expansion over the coming years. The market for slurry pumps is anticipated to develop in response to the introduction of vertical slurry pumps that may be utilised for froth pumping.
Slurry pumps are also used in a variety of industrial processes, including coal cleaning, wastewater management, pumping reactor feed, and pumping fly and bottom ash. This further supports the slurry pumps market’s anticipated expansion over the assessment period.
Additionally, due to their hefty construction, slurry pumps are less susceptible to cavitation damage than process pumps, which may help the market for slurry pumps grow over the projection period. The mining industry’s growing use of heavy duty and severe duty slurry pumps also contributes to the market’s expansion over the assessment period.
The predicted growth of the slurry pumps market will be negatively impacted by the operating costs of slurry pumps being higher than those of other traditional process pumps. Additionally, cavitation-related issues with slurry pumps may reduce the efficiency of the pumping system, which restricts the use of slurry pumps to a small number of applications. Furthermore, slurry has a short service life.
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Key Players-
- ITT Goulds Pumps Inc.
- Metso Minerals AB
- KSB, Inc.
- Weir Group
- Flowserve Corporation
- EBARA Pumps S.p.A
- Keystone Pumps
- Libra Fluid Equipment Co. Ltd
- Multotec Group
- Xylem Water Solutions AB
- Grindex AB
- Schurco Slurry and more
Slurry Pumps Market: Segmentation
basis of end use industry
- Chemical industry
- Mining and mineral industry
- Paper and pulp industry
- Metallurgical industry
- Construction industry
- Power generation industry
basis of type
- Vertical slurry pumps
- Horizontal slurry pumps
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Slurry Pumps Market: Regional Outlook
The Asia Pacific region’s construction sector is anticipated to expand significantly throughout the assessment period due to the region’s growing urbanisation. This will support the market for slurry pumps in the Asia Pacific region’s anticipated expansion. The mining sector and the market for slurry pumps collaborate in a positive way.
Slurry pumps will be more in demand in North America and Europe over the course of the assessment period as a result of the expected significant increase in process volumes for mining industries due to the depletion of natural resources in these regions. The expansion of many major players’ sales channels in the MEA region is also anticipated, which will drive the market for slurry pumps there upward.
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