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

Year RESIDENTIAL COMMERCIAL WATER & WASTEWATER CHEMICALS OIL & GAS DEWATERING/BUILDING SERVICES MINING POWER OTHERS
2018 $ 163.23 $ 1211.38 $ 199.74 $ 126.82 $ 323.37 $ 180.01 $ 53.97 $ 88.25 $ 239.22
2019 $ 166.42 $ 1239.69 $ 205.19 $ 129.23 $ 330.48 $ 184.56 $ 55.09 $ 90.23 $ 244.92
2020 $ 159.94 $ 1195.84 $ 198.68 $ 124.12 $ 318.36 $ 178.36 $ 53.0 $ 86.97 $ 236.36
2021 $ 156.43 $ 1173.98 $ 195.78 $ 121.32 $ 312.11 $ 175.42 $ 51.9 $ 85.3 $ 232.14
2022 $ 163.29 $ 1229.98 $ 205.9 $ 126.56 $ 326.56 $ 184.13 $ 54.24 $ 89.3 $ 243.29
2023 $ 167.71 $ 1268.07 $ 213.06 $ 129.9 $ 336.21 $ 190.18 $ 55.78 $ 91.98 $ 250.96
2024 $ 172.26 $ 1307.44 $ 220.48 $ 133.34 $ 346.17 $ 196.44 $ 57.36 $ 94.76 $ 258.88
2025 $ 176.99 $ 1348.39 $ 228.22 $ 136.91 $ 356.52 $ 202.96 $ 59.01 $ 97.64 $ 267.12
2026 $ 181.85 $ 1390.72 $ 236.26 $ 140.58 $ 367.21 $ 209.71 $ 60.7 $ 100.62 $ 275.63
2027 $ 186.94 $ 1435.03 $ 244.68 $ 144.41 $ 378.39 $ 216.79 $ 62.47 $ 103.73 $ 284.54
2028 $ 192.18 $ 1480.84 $ 253.43 $ 148.36 $ 389.94 $ 224.12 $ 64.3 $ 106.95 $ 293.74
2029 $ 197.59 $ 1528.37 $ 262.52 $ 152.44 $ 401.9 $ 231.74 $ 66.2 $ 110.29 $ 303.28
2030 $ 203.22 $ 1577.81 $ 272.01 $ 156.68 $ 414.33 $ 239.67 $ 68.16 $ 113.76 $ 313.2
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Mexico Centrifugal Pump Market By End-user (USD Million)

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

Market Dynamics

centrifugal pumps are widely used in various industries for fluid handling, and the mexican market for these pumps is growing steadily. the demand for centrifugal pumps in mexico is largely driven by the end-user industries such as water and wastewater management, oil and gas, power generation, chemical and petrochemical, and food and beverage. one of the key factors driving the demand for centrifugal pumps in mexico is the increasing need for efficient water management systems. the country is facing challenges in meeting the growing demand for clean water, especially in urban areas. as a result, there is a high demand for centrifugal pumps in the water and wastewater management sector to treat and distribute water for domestic and industrial use. these pumps are used in applications such as water supply, sewage treatment, and desalination plants. with the government focusing on the development of water infrastructure, the demand for centrifugal pumps is expected to continue to rise in the coming years. another major end-user of centrifugal pumps in mexico is the oil and gas industry. the country has a large petroleum reserve, and the oil and gas sector is a significant contributor to its economy. centrifugal pumps are used in this industry for various applications such as crude oil transfer, oil refining, and pipeline transportation. with the increasing demand for oil and gas, the demand for centrifugal pumps is also expected to grow. power generation is another key end-user of centrifugal pumps in mexico. the country is investing in the development of its energy infrastructure, and there is a growing demand for power generation. centrifugal pumps are used in power plants for applications such as cooling system circulation, boiler feed, and condensate extraction. the demand for these pumps in the power generation sector is expected to increase as the country continues to focus on expanding its energy infrastructure. the chemical and petrochemical industry is also a significant end-user of centrifugal pumps in mexico. these pumps are used for handling various chemicals and petrochemicals in the production process. as the demand for chemicals and petrochemicals increases, the demand for centrifugal pumps is also expected to rise. similarly, the food and beverage industry is also driving the demand for centrifugal pumps in mexico. these pumps are used for applications such as food processing, beverage production, and packaging. with the growing population and changing food habits, the demand for centrifugal pumps in this sector is expected to increase in the coming years. in conclusion, as various end-user industries in mexico continue to grow, the demand for centrifugal pumps is also expected to increase. the country's focus on improving its water infrastructure and developing its energy and chemical sectors will continue to drive the demand for these pumps, making the mexican market a lucrative one for centrifugal pump manufacturers.

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