According a new research publication by FactMR, nearly 1500 thousand units of chemical injection pumps were sold in 2018, and the sales are expected to record over 4% Y-o-Y growth in 2019. In addition to soaring applicability in the oil and gas industry, and water treatment projects, the sales of chemical injection pumps will continue to receive a strong impetus from the growing trend of high-efficiency solar-powered pumps.Request For Sample Report - [url]https://www.factmr.com/connectus/sample?flag=S&rep_id=3737[/url]
As the consistently deteriorating quality of available water and rapidly declining number of natural freshwater reserves continue to exert an additional pressure on governing bodies to meet the cumulative demand for water supply, the water treatment landscape is likely to witness emergence of multiple key developments in the near future. A number of water treatment initiatives are underway, particularly across developing countries, bolstering the demand for associated equipment, such as chemical injection pumps.
According to FactMR’s analysis, the oil and gas industry will also remain among the key focus areas of vendors operating in the [url="https://www.factmr.com/report/3737/chemical-injection-pumps-market"]chemical injection pumps market[/url]. Chemical injection pumps remain a coveted solution for the oil and gas industry operators, as a number of pipeline operators are already utilizing chemical injection methodologies for the injection of corrosion inhibitors into pipelines or well sites.
Pneumatic and hydraulic pumps collectively account for around 50% of total sales of chemical injection pumps. Whereas, electrically powered pumps alone account for over a third of overall sales, as indicated by the study. The high selling potential of electric chemical injection pumps is attributed to their higher adoption across the oil and gas industry in a bid to achieve significantly reduced methane emissions. Tightening regulatory framework for emission control and the thriving global energy efficiency drive are necessitating the mass shift of manufacturers to sustainable solutions. FactMR thus projects the emergence of a lucrative market for solar-powered chemical injection pumps in the forthcoming years.
Preview Analysis of Global Chemical Injection Pumps Market Segmentation By Drive Type (Pneumatic, Electric, Hydraulic, Others), By Product Type (Centrifugal Pumps, Positive Displacement Pump, Others), By End Use, & by Region: - [url]https://www.factmr.com/report/3737/chemical-injection-pumps-market[/url]
According to the study, the chemical injection pumps market in East Asia is likely to account for over 30% share in the global market volume estimated for 2019. While South Asia is also projected to be among the key regional markets in terms of chemical injection pumps sales, both the regions will remain prime opportunity hubs for stakeholders in the market. Constantly rising petrochemicals demand and increasing concerns regarding deleterious effects of poor water quality have been pushing investments in the oil and gas industry and water treatment sectors, respectively, across East and South Asian countries.