Pump Casing Materials Market Forecast and Segments, 2018-2028

Posted by vakhas on February 11th, 2019

Market Introduction

Pump casing materials are used as raw materials for the manufacturing of pump casing. The pump casing materials are available in different types based on the type of chemistry of the pump casing materials. Pump casing materials such as metals, plastics, ceramic lined, plastic lined and alloys of metals have a wide range of applications in different types of pumps. The most common materials used in the pump casing include: cast iron, stainless steel and carbon steel. Pump casing materials possess properties like corrosion resistance, high temperature stability, abrasion resistance and impact resistance.

Pump casing materials are used in different types of pumps depending on the type of fluid to be handled by the pump. The pump casing material, ceramic lining, is used for vacuum processes and for pumping solid-laden oils, abrasive fluids and adhesives. Pump casing materials such as titanium and nickel are used in the chemical industry due to the corrosion resistance and high temperature stability exhibited by these pump casing materials. The pump casing materials such as solid plastics and plastic lined pump casing materials offer more corrosion resistance and are available at less cost as compared to the metallic pump casing materials.

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Market Dynamics

The growth in the demand for pumps in various industries such as agriculture, chemical, oil and natural gas etc. is expected to drive the demand for the pump casings and the pump casing materials. Low cost and high efficiency offered by pump casing materials such as plastics is expected to help in the sales growth of pump casing materials during the forecast period. The growth of water infrastructure industry is expected to increase the demand for pumps which in turn is expected to help in the market growth of pump casing materials. The fluctuations in the prices of materials such as cast iron, ductile iron are expected to retard the sales growth of the pump casing materials.

Regional Outlook

North America region is expected to have a decent growth in the sales of pumps in near future owing to the demand from chemical and oil and natural gas industries. The sales growth of pumps is expected to drive the market for pump casings and pump casing materials. APEJ region with its growing construction industry mainly in China and India is expected to create a platform for the sales growth of pumps.

The growth in the sales of pumps is expected to help in the market growth of pump casings and pump casing materials. Middle East and Africa region has a well-established oil and natural gas industry and a moderately growing construction and chemicals industry. The growth of these industries in Middle East and Africa is expected to help in increasing the demand for pumps and the growth of pump casing materials.