May 7, 2020
Plunger Pumps Market Witnessing High Growth By Key Players
Plunger Pumps Introduction
- In a plunger pump (also known as a positive displacement pump) a smooth cylindrical plunger slides through the seal and high pressure seal is stationary.
- Seals are an essential part of plunger pumps to separate the power fluid from the media that is being pumped.
- Plunger pumps are used in those industries where pressure on liquid is very high. This characteristic makes plunger pumps different from piston pumps. Plunger pumps are essentially used to transfer industrial and municipal sewage.
- The global plunger pumps market is predicted to expand at a rapid pace during the forecast period owing to increased demand for plunger pumps in different industries such as paper and pulp, water treatment, and marine.
- The plunger pump generates maximum pressure of 3500 bar and flow rates up to 209 m3/h per pump. Performance range for plunger pumps is 0.13 gpm to 240 gpm (0.49 to 908 lpm) and 100 psi to 10,000 psi (6.9 bars to 689 bars).
- In plunger pumps, the component materials are available in iron, nickel, aluminum, bronze, 316 and 304 stainless steel, brass, duplex stainless steel, and nickel alloy.
- In terms of application of plunger pumps, water treatment, construction, and power generation are projected to register highest growth during the forecast period.
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Plunger Pumps Dynamics
Key Drivers of the Plunger Pumps Market
- A rise in investments and living standards of people and growth in the global economy has impelled growth in urban infrastructure development and planning. This in turn is expected to propel the demand for plunger pumps in the next few years.
- A rise in the number of chemical factories around the world and in some of the developing economies such as India and China is another major factor expected to fuel the plunger pumps market globally. According to India Brand Equity Foundation, the chemical sector is expected to grow at a CAGR of 15%-20% by 2025 in India.
- Shifting penetration and awareness about clean fuel technologies and green energy is further anticipated to fuel the market growth from the oil and gas industry.
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