China Centrifugal Pump Market By End-user (USD Million)

Year RESIDENTIAL COMMERCIAL WATER & WASTEWATER CHEMICALS OIL & GAS DEWATERING/BUILDING SERVICES MINING POWER OTHERS
2018 $ 684.02 $ 3853.56 $ 1006.15 $ 175.72 $ 568.78 $ 841.61 $ 351.24 $ 243.93 $ 666.12
2019 $ 705.87 $ 3987.16 $ 1042.63 $ 181.31 $ 587.6 $ 871.69 $ 362.68 $ 252.19 $ 689.07
2020 $ 686.67 $ 3888.97 $ 1018.51 $ 176.36 $ 572.26 $ 851.1 $ 353.01 $ 245.78 $ 671.95
2021 $ 679.88 $ 3860.71 $ 1012.65 $ 174.59 $ 567.23 $ 845.78 $ 349.72 $ 243.8 $ 666.92
2022 $ 718.55 $ 4091.02 $ 1074.71 $ 184.5 $ 600.15 $ 897.16 $ 369.83 $ 258.14 $ 706.52
2023 $ 747.2 $ 4265.53 $ 1122.25 $ 191.84 $ 624.79 $ 936.39 $ 384.8 $ 268.94 $ 736.53
2024 $ 777.13 $ 4448.33 $ 1172.12 $ 199.5 $ 650.56 $ 977.51 $ 400.45 $ 280.24 $ 767.95
2025 $ 808.58 $ 4640.74 $ 1224.67 $ 207.55 $ 677.65 $ 1020.84 $ 416.9 $ 292.13 $ 801.0
2026 $ 841.46 $ 4842.41 $ 1279.83 $ 215.96 $ 706.01 $ 1066.29 $ 434.11 $ 304.59 $ 835.63
2027 $ 876.19 $ 5055.75 $ 1338.23 $ 224.84 $ 735.98 $ 1114.4 $ 452.29 $ 317.75 $ 872.25
2028 $ 912.52 $ 5279.49 $ 1399.57 $ 234.13 $ 767.36 $ 1164.91 $ 471.31 $ 331.55 $ 910.64
2029 $ 950.63 $ 5514.73 $ 1464.15 $ 243.88 $ 800.32 $ 1218.06 $ 491.29 $ 346.05 $ 950.98
2030 $ 990.72 $ 5762.64 $ 1532.29 $ 254.13 $ 835.01 $ 1274.12 $ 512.3 $ 361.32 $ 993.48
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China Centrifugal Pump Market By End-user (USD Million)

Synopsis
The above chart is China Centrifugal Pump Market By End-user (USD Million)

Market Dynamics

the china centrifugal pump market has been witnessing a significant demand from various end-users in recent years. a centrifugal pump is a mechanical device that uses the rotational energy of the impeller to transfer energy to the fluid being pumped. these pumps are widely used in various industries for applications such as water transfer, oil refining, chemical processing, and wastewater treatment. one of the major end-users driving the demand for centrifugal pumps in china is the water and wastewater treatment sector. the rapid urbanization and industrialization in the country have led to an increase in the demand for clean water and efficient wastewater treatment systems. centrifugal pumps play a crucial role in the treatment process by transporting the water and wastewater to different stages of the treatment plant. the increasing investments in the development of water treatment infrastructure, as well as government initiatives for promoting water conservation, have further fueled the demand for centrifugal pumps in this sector. the oil and gas industry is another prominent end-user of centrifugal pumps in china. the country is the world's second-largest consumer of oil and gas, and the demand for these resources is constantly increasing. centrifugal pumps are used in various processes of oil refining, such as crude oil transportation, pipeline circulation, and petrochemical processing. with the growth in the oil and gas sector, the demand for centrifugal pumps is also expected to rise. additionally, the chemical processing industry is a significant end-user of centrifugal pumps in china. these pumps are used in the transfer of chemicals, acids, and corrosive liquids, making them an essential component of chemical plants. as the chemical industry in china continues to witness growth, the demand for centrifugal pumps in this sector is also expected to increase. apart from these, other end-users such as power generation, food and beverage, and pharmaceutical industries also contribute to the demand for centrifugal pumps in china. with the government's focus on promoting domestic manufacturing and innovation, there is expected to be a surge in the demand for more advanced and efficient centrifugal pumps in various industries. in conclusion, the demand for centrifugal pumps from various end-users in china is expected to continue to rise, driven by the growth and development in these industries. the increasing focus on environmental sustainability and the adoption of advanced technologies are also expected to boost the demand for more efficient and eco-friendly centrifugal pumps in the country.

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