PUBLISHER: The Insight Partners | PRODUCT CODE: 1452605
PUBLISHER: The Insight Partners | PRODUCT CODE: 1452605
The Asia Pacific chopper pumps market is expected to grow from US$ 424.44 million in 2022 to US$ 708.59 million by 2030. It is estimated to grow at a CAGR of 6.6% from 2022 to 2030.
Augmented Preference for Customized Products Drive Asia Pacific Chopper Pumps Market
Economical cost offerings, customer-driven designs, and tailored products and solutions are major trends in the Asia Pacific chopper pumps market. Several market players are launching their pumping technologies in new markets and competing to meet consumers' demands by presenting innovative products. Long-term alliances with suppliers and distributors are one of the major trends in the market. With ongoing trends, including size modifications, portability, and different frequency drive operation, the demand for small-sized, less noise, energy-efficient, and high-performance chopper pumps is growing rapidly. The increasing proliferation of chopper pumps with features such as replaceable chopping bars and increased operating speeds for heavy-duty plants is also anticipated to boost the market growth. Mounting energy costs and escalated environmental awareness among end users are anticipated to encourage the demand for cost-effective and energy-efficient chopper pumps.
Asia Pacific Chopper Pumps Market Overview
Wastewater treatment is one of the prime targets of countries such as China, India, and Japan. Stringent environmental policies on discharging waste effluents in water bodies such as lakes, ponds, and rivers have boosted the need for wastewater treatment in Asia Pacific. Chopper pumps play one of the key roles in wastewater treatment facilities owing to their capacity to manage fluids with a high concentration of solids. The growing focus on developing wastewater treatment facilities is also positively influencing the application of chopper pumps. Chopper pumps are often used to pump sewage, manure slurries, sludge, and other liquids carrying large or tough solids. In highly populated countries, chopper pumps also manage sewage systems. Growing urbanization and increasing population increase the application scope for chopper pumps in Asia Pacific. In the chemical industry, chopper pumps play a critical role in maintaining the integrity of chemical procedures and guaranteeing worker and environmental safety. With the increasing technological advancements in sectors such as agriculture and food & beverages, the application of chopper pumps is anticipated to register positive growth in Asia Pacific.
Asia Pacific Chopper Pumps Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Chopper Pumps Market Segmentation
The Asia Pacific chopper pumps market is segmented into type, end user, and country.
Based on type, the Asia Pacific chopper pumps market is segmented into submersible chopper pump, cantilever chopper pump, vertical dry pit chopper pump, self-priming chopper pump, end suction chopper pump, and vertical wet well chopper pump. In 2022, the submersible chopper pump segment registered the largest share in the Asia Pacific chopper pumps market.
Based on end user, the Asia Pacific chopper pumps market is segmented into agriculture, food and beverages, water and wastewater treatment plant, chemical and petrochemical, and others. In 2022, the water and wastewater treatment plant segment registered the largest share in the Asia Pacific chopper pumps market.
Based on country, the Asia Pacific chopper pumps market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In 2022, China registered the largest share in the Asia Pacific chopper pumps market.
Cri-Man SpA, Landia AS, Sulzer Ltd, T-T Pumps Ltd, Vaughan Co Inc, WAMGROUP SpA, and Xylem Inc are some of the leading companies operating in the Asia Pacific chopper pumps market.