Oil & Gas Pumps Market worth $10.36 billion by 2023 - PowerPoint PPT Presentation

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Oil & Gas Pumps Market worth $10.36 billion by 2023

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The report "Oil & Gas Pumps Market by Type (Centrifugal, Positive Displacement (Screw Pumps, Reciprocating Pumps, Rotary & Gear Pumps, Progressive Cavity Pumps), Cryogenic), Application (Upstream, Midstream, Downstream), Region - Global Forecast to 2023", The global pumps market in oil & gas industry is projected to reach USD 10.36 billion by 2023 from an estimated USD 8.47 billion in 2018, at a CAGR of 4.12%. This growth can be attributed to the increasing unconventional resources in the North American, South American, and Asia Pacific regions and development of gas terminals. – PowerPoint PPT presentation

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Title: Oil & Gas Pumps Market worth $10.36 billion by 2023


1
Oil Gas Pumps Market by Type, Positive
Displacement, Application, Region - Global
Forecast to 2023
www.MarketsandMarkets.com
2
The centrifugal pump segment is expected to hold
the largest share of the pumps market in oil
gas industry, by type, during the forecast
period. The centrifugal pump segment is estimated
to dominate the pumps market in oil gas
industry in 2018 and is projected to have the
largest market share during the forecast period.
Centrifugal pumps are preferred for processes
that handle low viscosity liquids and high flow
rates. Various types of centrifugal pumps are
used in a wide variety of applications. The
ability of these pumps to be used across various
applications has resulted in their higher market
share. PDF Brochure https//www.marketsand
markets.com/pdfdownload.asp?id72491540

3
The midstream segment is expected to hold the
largest share of the pumps market in oil gas
industry, by application, during the forecast
period. The midstream segment is estimated to
dominate the pumps market in oil gas industry
in 2018 and is projected to have the largest
market share during the forecast period. The
midstream oil activities mainly include
transportation of crude oil and refined products
over land, using a network of pipes and pumping
stations as well as trucks and rail cars. The
growth of unconventional resources is creating
the need for an expanded midstream network of
pipelines, rail, tankers, and terminals. This is
expected to drive the pumps market in the
midstream segment. Request for
Customization https//www.marketsandmarkets.com/
requestCustomization.asp?id72491540
4
Browse gtgt 85 market data
tables 36 figures
142 pages and in-depth TOC on Oil and
Gas Pump Market - Global Forecast to 2023 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
5
North America The leading market for pumps in
oil gas industry In this report, the pumps
market in oil gas industry has been analyzed
with respect to 5 regions, namely, North America,
Europe, Asia Pacific, Middle East Africa, and
South America.  North America is estimated to
dominate the global pumps market in 2018 owing to
the growth in unconventional resources in the US
and Canada. The demand from the onshore
offshore fields in the Gulf of Mexico is also
likely to impact the pump market positively
during the forecast period. Request
Sample _at_ https//www.marketsandmarkets.com/request
sample.asp?id72491540
6
  • Target Audience
  • The target audience of this report includes
  • Government and research organizations
  • Investment banks
  • Pump manufacturers
  • Raw material suppliers
  • Exploration and production companies
  • National and international drilling associations
  • Rig manufacturers and suppliers
  • Speak to analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalyst.asp?id72491540

7
  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the Oil
    Gas Pump market. These include
  • Flowserve (US),
  • Sulzer (Switzerland)
  • KSB (Germany)
  • Weir Group (UK)
  • Grundfos (Denmark)
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id72491540

8
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 UK
44-800-368-9399Email sales_at_marketsandmarkets.com
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