Persistence Market Research provides key experience and research on the global submersible siphon market in its latest report titled ‘Hydraulic Pump Market ’
On the primary research side, the pressure-actuated siphon market has been developed by oil and gas and mining companies. The global hydrosiphon market is estimated to develop at a CAGR of 5.4% during the measurement period.
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Business has grown significantly in recent years, driven by development framework initiatives and urbanization in major non-industrial countries. Likewise, population growth in megacities that are developing to specifically manage population development needs in various end-use businesses such as oil and gas, synthetics and petrochemicals has increased.
Similarly, increasing interest in water treatment and wastewater treatment is expected to lead to high interest in pressure driven siphons over the forecast period. Legislatures in emerging economies in Africa and Asia, particularly India, China and South Africa, are expanding their efforts to further develop the status of their provinces and metropolitan areas into Qatar.
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Water and wastewater treatment activities are also expected to experience significant growth over the forecast period and will drive the demand for hydraulic pumps as basic services and facilities for potable water are still lacking in most parts of the world. .
South Asia is expected to emerge as the most lucrative region and largest consumer of hydraulic pumps by the end of the forecast period. India and ASEAN countries (Thailand and Indonesia) are major regions in South Asia with the highest demand for hydraulic pumps. The demand for hydraulic pumps in this region is mainly due to India’s rapid urbanization.
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Key players in the global hydraulic pump market include:
- Bosch Rexroth AG
- Eton
- Flow Service Co., Ltd.
- Gracchus
- Actuator Co., Ltd.
- Mitsubishi Heavy Industries
- Danfoss A/S
- Linde Hydraulics GmbH & Co. KG, PWG Srl
- Haidac
- India Yuken
- Tootil Corporation.
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