Multiphase Pumps Market
Multiphase Pumps Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Multiphase Pumps Market Size and Growth
The global Multiphase Pumps market is projected to reach a size of $3.5 billion by 2027, growing at a CAGR of 4.5%. The market is driven by increasing demand for efficient pumping systems in oil & gas, wastewater treatment, and chemical industries. Technological advancements and rising investments in infrastructure are also contributing to market growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ ITT Bornemann
◍ Leistritz
◍ Sulzer
◍ Flowserve
◍ CIRCOR
◍ Schlumberger
◍ NOV
◍ Netzsch GmbH
◍ HMS
◍ Seepex GmbH
The competitive landscape of the Multiphase Pumps Market includes key players such as ITT Bornemann, Leistritz, Sulzer, Flowserve, CIRCOR, Schlumberger, NOV, Netzsch GmbH, HMS, and Seepex GmbH. These companies utilize Multiphase Pumps to cater to various industries, contributing to the growth of the market.
- Sulzer reported $3.7 billion in sales revenue.
- Flowserve reported $3.8 billion in sales revenue.
- Schlumberger reported $28.5 billion in sales revenue.
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Market Segmentation
By Application
Onshore
Offshore
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By Product
Twin screw multiphase pumps
Helico-axial multiphase pumps
Others
Market Growth
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$ X Billion USD