Asia Pacific Hot Water Circulating Pump market By End-User

china accounted for the largest market share in 2016 in the asia pacific hot water circulating pump market, and is expected to reach usd 2937.90 million in 2023 from usd 2347.30 million in 2016. however, japan is the fastest growing market, which is expected to grow at a cagr of 3.61% during the forecast period 2017 - 2023. industrial segment accounted for the largest market share in 2016, this market is expected to reach usd 2159.10 million in 2023 from usd 1752.80 million in 2016. this market is projected to grow at a cagr of 3.12% during the forecast period from 2017 - 2023. however, commercial segment is the fastest growing market, which is expected to grow at a cagr of 3.85% during the forecast period 2017 - 2023. close coupled segment accounted for the largest market share in 2016, this market is expected to reach usd 2227.90 million in 2023 from usd 1730.40 million in 2016. this market is projected to grow at a cagr of 3.77% during the forecast period from 2017 - 2023. however, close coupled segment is the fastest growing market, which is expected to grow at a cagr of 3.77% during the forecast period 2017 - 2023. multistage pump segment accounted for the larger market share in 2016, this market is expected to reach usd 2876.90 million in 2023 from usd 2291.30 million in 2016. this market is projected to grow at a cagr of 3.40% during the forecast period from 2017 - 2023. however, multistage pump segment is the fastest growing market, which is expected to grow at a cagr of 3.40% during the forecast period 2017 - 2023.