2022-2026 Demand for slurry pumps will continue to grow
Publish Time: 2022-06-09 Origin: Site
According to New York PR Newswire. With an increasing focus on improving industrial energy efficiency, many investments in these industrial sectors have also led to an increase in the use of slurry pumps. It is reported that the demand for slurry pumps is expected to continue to grow in 2022-2026.
(Image via Technavio)
50% of the growth will come from the APAC, China and Germany are the major markets for the pumps market in the APAC.
There is an expanding demand for industrial products in the region to meet the increasing demand for chemical products in different industries such as construction, paper, food, etc. As a result, some regional and multinational chemical companies are setting up production equipment in the APAC.
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