Research and Markets (http://www.researchandmarkets.com/research/242k6m/pump_market_in) has announced the addition of the "Pump Market in China 2015-2019" report to their offering.
The Pump market in China to grow at a CAGR of 11.99% over the period 2014-2019
Pumps are mechanical devices used to move fluids from one place to another. They are used for circulation of fluids around different parts of the system to increase the operational performance of industrial plants. Pumps optimize operations such as circulation of coolants or lubricants in machines and other equipment.
One of the major trends in the market is the increased outsourcing of manufacturing activities to China. The country enjoys the low-cost factor advantage and has a strategic geographical location in the APAC region.
According to the report, one of the major drivers in the market is the growth in infrastructural development. The Chinese government is focusing on improving the country's infrastructure to attract more foreign investment and manufacturing industries, which is expected to strengthen the country's production output.
Further, the report states that one of the major challenges faced by the market is the increase in the cost of raw materials. These raw materials include mainly bronze, polycarbonate, cast iron, and stainless steel, the cost of which is increasing because of rising inflation and a supply shortage.
They are widely used by industries such as the Wastewater, Mining, Chemical, Power Generation, Pharmaceutical, Pulp and Paper, Marine, Agriculture, Food and Beverage, Aerospace, Shipbuilding, Automotive, and Construction.
The Pump market in China can be segmented into four divisions: Centrifugal Pumps, Reciprocating Pumps, Rotary pumps, and Diaphragm Pumps.
Key Vendors
- FengQiu Group
- Foshan Andritz Technologies
- Shanghai East Pump Group
- Shanghai KaiQuan Pump (Group)
Other Prominent Vendors
- Anhui Sanlian Pump
- Ebara
- Flowserve
- Grundfos
- ITT
- KSB
- Robbins & Myers
- Sulzer
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by End-user
- Market Segmentation by Product
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/242k6m/pump_market_in
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