Global Reverse Osmosis Pump Market is anticipated to reach US$ 14.6 billion by 2033, rising at a 9% CAGR | FMI

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NEWARK, DELAWARE, UNITED STATES OF AMERICA, December 4, 2023 /EINPresswire.com/ -- According to Future Market Insights (FMI), the reverse osmosis pump market is estimated to exceed US$ 6.2 billion in 2023, driven by expanding applications in the oil and gas and water treatment industries. The future for reverse osmosis pump demand is projected to surpass US$ 14.6 Billion by 2033, with a CAGR of 9% expected from 2023 to 2033.The increased use of reverse osmosis units in both residential and commercial environments is likely to drive up consumption of reverse osmosis pumps. Coronavirus, protozoans, cysts, viruses, and other microbials found in water are all addressed by reverse osmosis systems.
Reverse osmosis pumps are employed in a variety of commercial applications like restaurants, coffee shops, and bars to assure dispenser production without sacrificing quality. The complete reverse osmosis device also regulates beverage flavors by lowering acidity and raising mineral content. The need for clean water, which is required for kitchen sanitation, is raising awareness of reverse osmosis.
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The requirement for improved pumps that meet food standard bureau criteria is also boosting the market for reverse osmosis pumps. The use of reverse osmosis pumps in industrial operations reduces environmental harm and expenses associated with wastewater processing.
Key Takeaways
Over the historical period, the worldwide market grew at a CAGR of 3.5%.
By 2033, GCC nations will account for more than half of the MEA market.
In 2023, industrial RO filtering unit applications are expected to account for about 51% of the market in terms of value.
In 2023, centrifugal pumps will command a market share of more than 70% by value.
Booster pumps were the most popular, accounting for more than 81.6% of all pumps sold in 2033.
“India's rapid urbanization has resulted in increased infrastructure investment in the residential and commercial sectors. The increased awareness of the importance of water treatment and usage is likely to drive significant demand for reverse osmosis pumps,” opines Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).
Competitive Landscape
Companies in the reverse osmosis pump market are working on projects and forming strategic collaborations with other manufacturers in order to improve their products. This will assist them in increasing their product manufacturing capacity in order to meet the demands of a rising industrial consumer base.
The Sharjah Electricity, Water and Gas Authority (SEWA) completed its project to build the Al Rahmaniya Plant, which uses reverse osmosis (RO), in May 2023 by replacing the old pumping apparatus with an innovative and sophisticated higher-efficiency system that reduces costs of operation, releases carbon dioxide, and uses 35% less power than the old system.
In May 2023, Tradesales announced a collaboration with Aquapax to develop game-changing technologies that will transform drinking water systems in mining operations.
Top 10 Key Players in the Reverse Osmosis Pump Market
Ebara Corporation
Kubota Corporation
Xylem Inc.
Sulzer AG
Flowserve Corporation
Grundfos
Danfoss
Wier Group
KSB Group
Wilo SE
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global reverse osmosis pump market presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights on the basis of technology type, pump type, flow rate, application type and sales channel across five major regions of the world.
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Reverse Osmosis Pump Market by Category
By Technology Type:
Centrifugal Pump
Single Stage
Multi-Stage
Diaphragm Pumps
By Pump Type:
Booster Pump
Delivery/Demand Pumps
By Flow Rate:
0.1 to 0.5 GPM
0.5 to 1 GPM
1.1 to 5 GPM
5 to 20 GPM
20 to 100 GPM
100 to 500 GPM
500 to 1000 GPM
By Application Type:
Domestic & Commercial
Filtration Units
Countertop Filter Cum Demineralizer
Industrial RO Filtration Unit
Manufacturing
Oil and Gas
Power Generation
Seawater Desalination Unit
By Sales Channel:
Online
Offline
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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