Asia Pacific Side Channel Pumps Market Analysis

Asia Pacific Side Channel Pumps Market Analysis

The water treatment segment generated about USD 22.5 million in 2020. Water treatment is a key application segment for these pumps and the industry is expected to witness high growth through 2027. Rising sanitation requirements in developing nations, such as China, India, Malaysia, Indonesia, etc. is driving the market demand.

The liquid transfer segment is predicted to hold more than 30% of the Asia Pacific side channel pumps market share in 2027 on account of self-priming and it is more suitable for pressure-dependent circulation regulation. The side channel pumps are highly used for liquid transfer and boiler feed applications. The side channel pumps can also transfer various type of volatile liquids such as solvents, petrol, kerosene, diesel.
 

The pharmaceutical application is anticipated to register growth rate of around 5.5% through 2027. Asia Pacific is the fastest growing in the pharmaceutical sector fueled by the introduction of new drugs, expenditure on R&D, compliance with various regulations, competition, etc. Investments in research & development of pharmaceutical products have been continuously developing in China and Japan over the past decade. With the breakout of the COVID-19, the Chinese pharmaceutical industry initially faced many challenges propelled by short-term pressure on budgets but since the last quarter of 2020, the pharmaceutical industry has opened with new expectations and scope.
 

China side channel pumps market is poised to reach over 12 thousand units demand by 2027. This is attributable to the large manufacturing capabilities of the China across sectors and significantly growing investment in industries. Side channel pumps are extensively used in chemical applications and China is likely to establish itself as a leading market in the chemical industry.