Side Channel Pumps Market Size, Demand, Analysis, On-Going Trends, Status, Forecast 2019 - 2027

 

Side Channel Pumps Introduction

• Side channel pumps, also known as liquid ring pumps, are a niche product in-between a centrifugal pump and a positive displacement pump. Side channel pumps possess characteristics of both centrifugal pumps and positive displacement pumps. The key motive behind the development of the side channel pump is to pump gas, air, and liquid mixtures.
• A side channel pump comprises one or more star-shaped impeller assemblies. The star impellers are similar to those that are employed in centrifugal pumps. The close tolerances between the impellers and casing are similar to that of positive displacement pump designs.
• Side channel pumps require very low suction head (NPSH), possess automatic self-priming capability, gas handling capability, and the ability to transport gas without damaging the bearings or interrupting the fluid flow due to dry running.
• These pumps are primarily designed for heavy-duty industrial applications such as CO2 transfers, solvent transfer, acids and alkalis, distillates, refrigerants, liquefied gases, boiler feed water, and transformer oil filtration.
• The global side channel pumps market is projected to expand at a rapid pace during the forecast period, owing to increased demand for side channel pumps in different industries such as chemical, food & beverage, and oil & gas.

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Side Channel Pumps Dynamics

Key Drivers of Side Channel Pumps Market

• Rise in demand for side channel pump from heavy-duty industrial applications, such as CO2 transfers, solvent transfer, acids and alkalis, and condensates. This, in turn, is expected to propel the demand for side channel pumps in the next few years.
• Side channel pumps are primarily used in the chemical industry due to their ability to handle liquid or vapor mixtures and capability of self-priming automatically. Furthermore, a rise in the number of chemical factories globally, especially in some developing countries such as India and China, is another major factor that is expected to fuel the global side channel pumps market.
• Side channel pump is increased the uptime with low cost of ownership further anticipated to fuel the market growth from the oil and gas industry.
• Side channel pumps also offer some benefits in terms of efficiency in applications, which require low throughputs at high differential heads. This is another key factor that is anticipated to drive the market globally.

Lack of Knowledge Hindering Side Channel Pumps Market

• Lack of knowledge about the features of side channel pumps among consumers and rise in demand for customization are major factors that are projected to hamper the market in the next few years

North America to Hold Major Share of Global Side Channel Pumps Market

• Asia Pacific is expected to hold a prominent share of the global side channel pumps market, followed by Europe, North America, South America, and Middle East & Africa. Moreover, the market in Asia Pacific is estimated to expand at a notable CAGR during the forecast period.
• This can be attributed to increasing infrastructure development in developing countries. Rise in investments in water treatment and power generation in Saudi Arabia, UAE, India, Brazil, Qatar, and China is anticipated to drive the side channel pumps market in these countries in the near future.
• Increasing requirement of sanitation in developing countries of Asia, South America, and Africa is boosting the disposal and wastewater treatment industry, which in turn is expected to increase the demand for side channel pumps in these applications.

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Side Channel Pumps Market- Competitive Landscape

Key Players Operating in Global Side Channel Pumps Market

The side channel pumps market is highly competitive due to the presence of a large number of manufacturers operating at the global as well as the regional level. Several players manufacture side channel pumps and hence, the intensity of competition is high among these players. Key players operating in the global side channel pumps market include:

• CP Pumpen Group
• Castle Pumps Ltd.
• KSB SE & Co. KGaA
• SPECK Pumpen Verkaufsgesellschaft GmbH
• Klaus Union
• Flowserve Corporation
• Star Pump Alliance GmbH
• SERO PumpSystems GmbH
• CIRCOR International‚ Inc.
• INOXPA S.A.U.

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