Sealless Pumps Market by Product (Canned Motor Radial, Magnetic Driven Gear, Canned Motor), End User (Chemical, F&B, Pharmaceutical, Oil and Gas), and Geography- Global Forecast to 2025

  • Report ID:MROTH - 104330
  • Pages: 168
  • Aug 2019
  • Formats*: PDF
  • Category: Others

1. Introduction
    1.1. Market Ecosystem
    1.2. Currency and Limitations
           1.2.1. Currency
           1.2.2. Limitations
    1.3. Key Stakeholders

2. Research Methodology
    2.1. Research Process
           2.1.1. Secondary Research
           2.1.2. Primary Research
           2.1.3. Market Size Estimation

3. Executive Summary
    3.1. Introduction

4. Industry Insights
    4.1. Introduction
    4.2. Market Drivers
           4.2.1. Advantages of the Magnetic Driven Pumps Over Conventional Pumps
           4.2.2. Regulation of Emissions
           4.2.3. Low Cost of Maintenance Than Other Pumps
           4.2.4. Increasing Demand for Canned Motor Pumps in Chemical Industry
    4.3. Challenges
           4.3.1. Corrosion Resistance of the Magnetic Elements Themselves
           4.3.2. High Cost and Power Absorption of the Magnetic Driven Pumps
    4.4. Opportunities
           4.4.1. Rising Demand for Magnetic Driven Pumps in Middle East &North Africa (MENA)
           4.4.2. Widening Application Areas
    4.5. Market Trends
           4.5.1. Emergence of Intelligent Pumps Systems and Micro Disc Pumps Technology
           4.5.2. Next-Generation Industrial Automation
           4.5.3. Technological Advancements
           4.5.4. Evolution of Green Technology
    4.6. Market Share Analysis

5. Sealless Pumps Market, By Product
    5.1. Introduction
    5.2. Canned Motor Radial Pumps
           5.2.1. Single-Stage Radial Pumps
           5.2.2. Multi-Stage Radial Pumps
           5.2.3. Canned Motor Radial Pumps: End-User Analysis
    5.3. Magnetic Driven Gear Pumps
           5.3.1. Magnetic Driven Gear Pumps: End-User Analysis
    5.4. Magnetic Driven Internal Bearing Screw Pumps
           5.4.1. Magnetic Driven Internal Bearing Screw Pumps: End-User Analysis
    5.5. Canned Motor Side-Channel Pumps
           5.5.1. Canned Motor Side-Channel Pumps: End-User Analysis

6. Sealless Pumps Market, By End User
    6.1. Introduction
    6.2. Chemical Industry
    6.3. Oil & Gas
    6.4. Power Generation
    6.5. Pharmaceuticals
    6.6. Food and Beverages
    6.7. Other End-Users (Pulp & Paper, Mining, Metal Processing, Agrosciences)

7. Sealless Pumps Market, By Geography
    7.1. Introduction
    7.2. North America
           7.2.1. U.S.
           7.2.2. Canada
           7.2.3. Mexico
    7.3. Europe
           7.3.1. Germany
           7.3.2. France
           7.3.3. U.K.
           7.3.4. Italy
           7.3.5. Spain
           7.3.6. Rest of Europe (RoE)
    7.4. Asia
           7.4.1. China
           7.4.2. Japan
           7.4.3. India
           7.4.4. Rest of Asia (RoA)
    7.5. Oceania
           7.5.1. Australia
           7.5.2. New Zealand
    7.6. Latin America
           7.6.1. Brazil
           7.6.2. Argentina
           7.6.3. Rest of Latin America (RoLATAM)
    7.7. Middle East & Africa

8. Additional Insights
    8.1. Introduction

9. Company Profiles
    9.1. IDEX Corporation
           9.1.1. Business Overview
           9.1.2. Financial Overview
           9.1.3. Product Portfolio
           9.1.4. Strategic Developments
    9.2. Flowserve Corporation
           9.2.1. Business Overview
           9.2.2. Financial Overview
           9.2.3. Product Portfolio
           9.2.4. Strategic Developments
    9.3. KSB SE & Co. KGaA
           9.3.1. Business Overview
           9.3.2. Financial Overview
           9.3.3. Product Portfolio
           9.3.4. Strategic Developments
    9.4. IWAKI CO., LTD.
           9.4.1. Business Overview
           9.4.2. Financial Overview
           9.4.3. Product Portfolio
           9.4.4. Strategic Developments
    9.5. ITT Gould's Pumps (A Subsidiary of ITT Inc.)
           9.5.1. Business Overview
           9.5.2. Financial Overview
           9.5.3. Product Portfolio
           9.5.4. Strategic Developments
    9.6. Kirloskar Brothers Limited
           9.6.1. Business Overview
           9.6.2. Financial Overview
           9.6.3. Product Portfolio
           9.6.4. Strategic Developments
    9.7. Teikoku Electric Mfg. Co., Ltd
           9.7.1. Business Overview
           9.7.2. Financial Overview
           9.7.3. Product Portfolio
           9.7.4. Strategic Developments
    9.8. Nikkiso Co., Ltd.
           9.8.1. Business Overview
           9.8.2. Financial Overview
           9.8.3. Product Portfolio
           9.8.4. Strategic Developments
    9.9. Klaus Union
           9.9.1. Business Overview
           9.9.2. Financial Overview
           9.9.3. Product Portfolio
           9.9.4. Strategic Developments
    9.10.Sundyne
           9.10.1. Business Overview
           9.10.2. Financial Overview
           9.10.3. Product Portfolio
           9.10.4. Strategic Developments
    9.11.CP PUMPSEN AG
           9.11.1. Business Overview
           9.11.2. Financial Overview
           9.11.3. Product Portfolio
           9.11.4. Strategic Developments
    9.12.HERMETIC-Pumpen GmbH
           9.12.1. Business Overview
           9.12.2. Financial Overview
           9.12.3. Product Portfolio
           9.12.4. Strategic Developments
    9.13.March Manufacturing Inc.
           9.13.1. Business Overview
           9.13.2. Financial Overview
           9.13.3. Product Portfolio
           9.13.4. Strategic Developments
    9.14.OPTIMEX
           9.14.1. Business Overview
           9.14.2. Financial Overview
           9.14.3. Product Portfolio
           9.14.4. Strategic Developments
    9.15.Dandong Colossus & Co.
           9.15.1. Business Overview
           9.15.2. Financial Overview
           9.15.3. Product Portfolio
           9.15.4. Strategic Developments

10. Appendix
10.1. Questionnaire

List of Tables

Table 1 Global Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 2 Global Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 3 Canned Motor Radial Pumps Market Size, By Country/Region, 2017-2025 ($Million)
Table 4 Canned Motor Single-Stage Radial Pumps Market Size, By Country/Region, 2017-2025 ($Million)
Table 5 Canned Motor Multi-Stage Radial Pumps Market Size, By Country/Region, 2017-2025 ($Million)
Table 6 Global Canned Motor Radial Pumps Market Size, By End User, 2017-2025 ($Million)
Table 7 Canned Motor Radial Pumps Market Size for Chemical, By Country/Region, 2017-2025 ($Million)
Table 8 Canned Motor Radial Pumps Market Size for Oil and Gas, By Country/Region, 2017-2025 ($Million)
Table 9 Canned Motor Radial Pumps Market Size for Power Generation, By Country/Region, 2017-2025 ($Million)
Table 10 Canned Motor Radial Pumps Market Size for Pharmaceutical, By Country/Region, 2017-2025 ($Million)
Table 11 Canned Motor Radial Pumps Market Size for Food and Beverage, By Country/Region, 2017-2025 ($Million)
Table 12 Canned Motor Radial Pumps Market Size for Other End Users, By Country/Region, 2017-2025 ($Million)
Table 13 Magnetic Driven Gear Pumps Market Size, By Country/Region, 2017-2025 ($Million)
Table 14 Global Magnetic Driven Gear Pumps Market Size, By End User, 2017-2025 ($Million)
Table 15 Magnetic Driven Gear Pumps Market Size for Oil and Gas, By Country/Region, 2017-2025 ($Million)
Table 16 Magnetic Driven Gear Pumps Market Size for Chemical Industry, By Country/Region, 2017-2025 ($Million)
Table 17 Magnetic Driven Gear Pumps Market Size for Pharmaceutical, By Country/Region, 2017-2025 ($Million)
Table 18 Magnetic Driven Gear Pumps Market Size for Food and Beverage, By Country/Region, 2017-2025 ($Million)
Table 19 Magnetic Driven Gear Pumps Market Size for Power Generation, By Country/Region, 2017-2025 ($Million)
Table 20 Magnetic Driven Gear Pumps Market Size for Other End Users, By Country/Region, 2017-2025 ($Million)
Table 21 Magnetic Driven Internal Bearing Screw Pumps Market Size, By Country/Region, 2017-2025 ($Million)
Table 22 Global Magnetic Driven Internal Bearing Screw Pumps Market Size, By End User, 2017-2025 ($Million)
Table 23 Magnetic Driven Internal Bearing Screw Pumps Market Size for Oil and Gas, By Country/Region, 2017-2025 ($Million)
Table 24 Magnetic Driven Internal Bearing Screw Pumps Market Size for Power Generation, By Country/Region, 2017-2025 ($Million)
Table 25 Magnetic Driven Internal Bearing Screw Pumps Market Size for Chemical, By Country/Region, 2017-2025 ($Million)
Table 26 Magnetic Driven Internal Bearing Screw Pumps Market Size for Food and Beverage, By Country/Region, 2017-2025 ($Million)
Table 27 Magnetic Driven Internal Bearing Screw Pumps Market Size for Pharmaceutical, By Country/Region, 2017-2025 ($Million)
Table 28 Magnetic Driven Internal Bearing Screw Pumps Market Size for Other End Users, By Country/Region, 2017-2025 ($Million)
Table 29 Canned Motor Side-Channel Pumps Market Size, By Country/Region, 2017-2025 ($Million)
Table 30 Global Canned Motor Side-Channel Pumps Market Size, By End User, 2017-2025 ($Million)
Table 31 Canned Motor Side-Channel Pumps Market Size for Chemical, By Country/Region, 2017-2025 ($Million)
Table 32 Canned Motor Side-Channel Pumps Market Size for Oil and Gas, By Country/Region, 2017-2025 ($Million)
Table 33 Canned Motor Side-Channel Pumps Market Size for Food and Beverage, By Country/Region, 2017-2025 ($Million)
Table 34 Canned Motor Side-Channel Pumps Market Size for Power Generation, By Country/Region, 2017-2025 ($Million)
Table 35 Canned Motor Side-Channel Pumps Market Size for Pharmaceutical, By Country/Region, 2017-2025 ($Million)
Table 36 Canned Motor Side-Channel Pumps Market Size for Other End Users, By Country/Region, 2017-2025 ($Million)
Table 37 Global Sealless Pumps Market Size, By End-User, 2017-2025 ($Million)
Table 38 Global Sealless Pumps Market size for Chemical Industry, By Country/Region, 2017-2025 ($Million)
Table 39 Global Sealless Pumps Market size for Oil & Gas, By Country/Region, 2017-2025 ($Million)
Table 40 Global Sealless Pumps Market Size for Power Generation, By Country/Region, 2017-2025 ($Million)
Table 41 Global Sealless Pumps Market size for Pharmaceuticals, By Country/Region, 2017-2025 ($Million)
Table 42 Global Sealless Pumps Market Size for Food & Beverages, By Country/Region, 2017-2025 ($Million)
Table 43 Global Sealless Pumps Market Size for Other End Users, By Country/Region, 2017-2025 ($Million)
Table 44 Global Sealless Pumps Market Size, By Region, 2017-2025 ($Million)
Table 45 North America: Sealless Pumps Market Size, By Country, 2017-2025 ($Million)
Table 46 North America: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 47 North America: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 48 North America: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 49 U.S.: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 50 U.S.: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 51 U.S.: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 52 Canada: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 53 Canada: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 54 Canada: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 55 Mexico: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 56 Mexico: Magnetic Driven & Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 57 Mexico: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 58 Europe: Sealless Pumps Market Size, By Country, 2017-2025 ($Million)
Table 59 Europe: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 60 Europe: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 61 Europe: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 62 Germany: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 63 Germany: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 64 Germany: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 65 France: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 66 France: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 67 France: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 68 U.K.: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 69 U.K.: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 70 U.K.: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 71 Italy: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 72 Italy: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 73 Italy: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 74 Spain: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 75 Spain: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 76 Spain: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 77 RoE: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 78 RoE: Canned Motor Radial Pumps Market Size, By Type 2017-2025 ($Million)
Table 79 RoE: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 80 Asia: Sealless Pumps Market Size, By Country, 2017-2025 ($Million)
Table 81 Asia: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 82 Asia: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 83 Asia: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 84 China: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 85 China: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 86 China: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 87 Japan: Sealless Pumps Market Size, By Type, 2017-2025 ($Million)
Table 88 Japan: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 89 Japan: Sealless Pumps Market Size, By End User, 2017-2025 ($ Million)
Table 90 India: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 91 India: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 92 India: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 93 RoA: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 94 RoA: Magnetic Driven & Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 95 RoA: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 96 Oceania: Sealless Pumps Market Size, By Country, 2017-2025 ($Million)
Table 97 Oceania: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 98 Oceania: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 99 Oceania: Sealless Pumps Market, By End User, 2017-2025 ($Million)
Table 100 Australia: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 101 Australia: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 102 Australia: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 103 New Zealand: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 104 New Zealand: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 105 New Zealand: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 106 Latin America: Sealless Pumps Market Size, By Country, 2017-2025 ($Million)
Table 107 Latin America: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 108 Latin America: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 109 Latin America: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 110 Brazil: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 111 Brazil: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 112 Brazil: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 113 Argentina: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 114 Argentina: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 115 Argentina: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 116 RoLATAM: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 117 RoLATAM: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 118 RoLATAM: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)
Table 119 Middle East & Africa: Sealless Pumps Market Size, By Product, 2017-2025 ($Million)
Table 120 Middle East & Africa: Canned Motor Radial Pumps Market Size, By Type, 2017-2025 ($Million)
Table 121 Middle East & Africa: Sealless Pumps Market Size, By End User, 2017-2025 ($Million)

List of Figures

Figure 1 Scope of the Global Sealless Pumps Market
Figure 2 Key Stakeholders in the Global Sealless Pumps Market
Figure 3 Research Process
Figure 4 Key Executives Interviewed
Figure 5 Primary Research Techniques
Figure 6 Markey Size Estimation
Figure 7 Global Sealless Pumps Market Size, 2019 Vs 2025
Figure 8 Canned Motor Radial Pumps Segment Is Expected to Dominate the Market Through 2025
Figure 9 Sealless Pumps Market, By Type (2019-2025)
Figure 10 Single-Stage Segment Is Expected to Dominate the Canned Motor Radial Pumps Market Through 2025
Figure 11 Where Are the Opportunities for You?
Figure 12 Chemical Industry Is Estimated to be the Largest End-User Segment Through 2025
Figure 13 Asia Dominated the Global Sealless Pumps Market in 2018
Figure 14 Sealless Pumps Market: Industry Insights
Figure 15 MTBR for Pumps, By Type
Figure 16 Crude Oil Reserve, By Region, 2012-2016
Figure 17 Canned Motor Radial Pumps Market Share Analysis, By Key Players, 2018
Figure 18 Magnetic Driven Gear Pumps Market Share Analysis, By Key Players, 2018
Figure 19 Magnetic Driven Internal Bearing Screw Pumps Market Share Analysis, By Key Players, 2018
Figure 20 Magnetic Driven and Canned Motor Side-Channel Pumps Market Share Analysis, By Key Players, 2018
Figure 21 Global Sealless Pumps Market Size, By Product, 2019-2025 ($Million)
Figure 22 Global Canned Motor Radial Pumps Market Size, By Type, 2019-2025 ($Million)
Figure 23 Global Canned Motor Radial Pumps Market Size, By End User, 2019-2025 ($Million)
Figure 24 Global Magnetic Driven Gear Pumps Market Size, By End User, 2019-2025 ($Million)
Figure 25 Global Magnetic Driven Internal Bearing Screw Pumps Market Size, By End User, 2019-2025 ($Million)
Figure 26 Global Canned Motor Side-Channel Pumps Market Size, By End User, 2019-2025 ($Million)
Figure 27 Global Sealless Pumps Market Size, By End-User, 2019-2025 ($Million)
Figure 28 Key Adopters of Sealless Pumps
Figure 29 Sealless Pumps Market Size, By Region, 2019-2025 ($Million)
Figure 30 North America: Sealless Pumps Market Size, By Country, 2019-2025 ($Million)
Figure 31 Europe: Sealless Pumps Market Size, By Country, 2019-2025 ($Million)
Figure 32 Asia: Sealless Pumps Market Size, By Country, 2019-2025 ($Million)
Figure 33 Oceania: Sealless Pumps Market Size, By Country, 2019-2025 ($Million)
Figure 34 Latin America: Sealless Pumps Market Size, By Country, 2019-2025 ($Million)
Figure 35 Percentage of Canned Motor Single Stage Radial Pumps in the Global Single-Stage Radial Pumps Market, 2018
Figure 36 Percentage of Canned Motor Multi Stage Radial Pumps in the Global Multi-Stage Radial Pumps Market, 2018
Figure 37 Percentage of Magnetic Driven Gear Pumps in the Global Gear Pumps Market, 2018
Figure 38 Percentage of Magnetic Driven Internal Bearing Screw Pumps in the Global Internal Bearing Screw Pumps Market, 2018
Figure 39 Percentage of Canned Motor Side-Channel Pumps in the Global Side Channel Pumps Market, 2018
Figure 40 IDEX Corporation: Financial Overview (2016-2018)
Figure 41 Flowserve Corporation: Financial Overview (2016-2018)
Figure 42 KSB Se & Co. KGaA: Financial Overview (2016-2018)
Figure 43 Iwaki Co. Ltd.: Financial Overview (2017-2019)
Figure 44 ITT Inc.: Financial Overview (2016-2018)
Figure 45 Kirloskar Brothers Limited: Financial Overview (2017-2019)
Figure 46 Teikoku Electric Mfg. Co., Ltd.: Financial Overview (2017-2019)
Figure 47 Nikkiso Co., Ltd.: Financial Overview (2017-2019)

The global sealless pumps market is expected to grow at a CAGR of 6.7% from 2019 to reach $3.9 billion by 2025. Sealless pumps have been used in the industries such as petrochemical, pharmaceutical, printing and dyeing, electroplating, food, and environmental protection. The seal-less capacity or no leakage, minimized maintenance, operating and installation costs, reduced downtime, increased energy efficiency, compact design, high reliability, and safe and trouble-free operation of the pumps are few of the major advantages of these pumps which makes the industry experts to opt for the sealless pumps. The growth in sealless pumps market is mainly attributed to advantages of magnetic driven pumps over conventional pumps, regulation on emissions, low cost of maintenance than other pumps, and increasing demand for canned motor pumps in chemical and wastewater treatment industry. In addition, rising demand for magnetic driven pumps in Middle East North Africa (MENA), and widening application areas offer significant growth opportunities for the players operating in this market. 

Advantages of magnetic driven pumps over conventional pumps bolstering the growth of sealless pumps market

Conventional mechanical seal pumps require permanent liquid supply to avoid dry run of the mechanical seal. Without this lubrication, the sealing will be damaged and hence, the plant operator has to provide appropriate extra flushing connections and constantly monitor fluid levels. This will increase the installation and maintenance costs for the end-users. On the other hand, mag-drive pumps do not require continuous liquid supply since they are sealless and better speed control. They provide speed control that can be up to 30% more efficient than fan damper control and 44% more efficient than using throttling valves for pump flow control. Moreover, mag-drive pumps can be easily installed in a short period of time. These pumps have no requirement of external piping for seal flush, no additional monitoring of the magnet coupling, and no complex seal support system. Thus, customers choose mag-drive pumps over conventional pumps as a cost-saving strategy.

Widening application areas to support the market growth

Industrialization, robust urbanization, augmented demand across various sectors, increasing awareness regarding its use, and increased benefits of magnetic driven sealless pumps are widening its application areas. These pumps are increasingly being used in many industrial applications such as chemical processing, water treatment, food & beverages, and power generation. Other emerging applications that offer optimistic opportunities for mag drive pumps include metal pickling, pulp & paper, and agrosciences. Metal surface treatment processes like metal pickling and pulp & paper industry where transfer of aggressive chemicals and highly viscous fluids involve, require sealless mag drive pumps. Both the metal and paper industry have been showing optimistic growth in the coming five years’ time period; thus, the use of mag drive pumps will increase in these industries.

Key Findings in the Global Sealless Pumps Market Study:

Canned motor pumps contributed largest share of the overall sealless pumps market

Canned motor pumps segment is estimated to command the largest share of the overall sealless pumps market in 2019, mainly due to their increased applications in fuel cells, chemical analysis, vending machines, photovoltaic, semiconductors, surface treatment, solar power systems, and electric cars.

Chemical industry to witness the largest demand through 2025

Growing reliance on sealless pumps for chemical transfer and recirculation of highly corrosive chemicals; acids; and solvents such as acetic acid, citric acid, ethylene glycol, formaldehyde, hydrochloric acid, hydrogen peroxide, phosphoric acid, potassium chloride, sulfuric acid, and saltwater is expected to propel their adoption for next five years.  

Asia-Pacific: The largest and fastest growing regional market

Asia commanded the largest share of the global sealless pumps market, followed by Europe, North America, Latin America, Middle East & Africa, and Oceania. Moreover, Asia Pacific region is expected to grow at the highest CAGR during the forecast period with the growing urbanization; rapid growth in industries such as chemicals, power and oil and gas; major investments in wastewater treatment; and initiatives to improve proper sanitation.

Key Players

The key players operating in the global sealless pumps market are IDEX Corporation, Flowserve Corporation, KSB SE & Co. KGaA, IWAKI CO., LTD., Kirloskar Brothers Limited, Teikoku Electric Mfg. Co., Ltd., Nikkiso Co., Ltd., Klaus Union, HERMETIC-Pumpen GmbH, Sundyne, ITI Gould's Pumps, CP Pumpen AG, March Manufacturing Inc., OPTIMEX, and Dandong Colossus & Co. among others.

Key questions answered in the report-

Advantages of magnetic driven pumps over conventional pumps will propel the sealless pumps market

  • How does the magnetic driven pump increase the efficiency and adoption of sealless pump?
  • How are the leading players utilizing the advantages of magnetic driven pumping in their products?

Chemical industry accounted for the largest share of the sealless pump market

  • What factors are contributing to the frequent usage of sealless pumps in chemical industry?
  • How does the penetration of sealless pumps in chemical industry differ from other end users?

The Asia-Pacific sealless pumps market favors both larger and local manufacturers that compete in multiple segments

  • What are the top competitors in this market and what strategies do they employ to gain shares?
  • What factors are driving growth and which market segments have the most potential for revenue expansion over the forecast period?
  • What strategies should new companies look to enter this market use to compete effectively?
  • What are the major drivers, challenges, opportunities, and trends in the global sealless pumps market?
  • Who are the major players in various countries and what share of the market do they hold?
  • What are the geographical trends and high growth regions/countries?

Scope of the Report:

Market by Product

  • Canned Motor Radial Pump
  • Single-stage Radial Pump
  • Multi-stage Radial Pump
  • Magnetic Driven Gear Pump
  • Magnetic Driven Internal Bearing Screw Pump
  • Canned Motor Side-channel Pump

Market by End User

  • Chemical
  • Oil & Gas
  • Power Generation
  • Pharmaceutical
  • Food & Beverage
  • Others

Market by Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia
    • China
    • Japan
    • India
    • Rest of Asia
  • Oceania
    • Australia
    • New Zealand
    • Brazil
  • Latin America
    • Argentina
    • RoLATAM
  • Middle East & Africa
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