The Global Rotary Shaft Magnetic Pump Market Size Is Expected To Grow At A CAGR Of 6.0% During 2017-2030.

Rotating Shaft Magnetic Pump Market Overview:

A rotary shaft magnetic pump is an axial flow pump that uses single or multiple permanent magnets to drive fluid flow. It operates without any mechanical seals, usually without shaft seals, impellers, rotating parts or other complex mechanisms.

Rotary shaft magnetic pumps can be used in general industry, which is the major application segment of the market and is expected to grow at the highest CAGR during the forecast period. The growth of the rotary shaft magnetic pump market for general industrial applications is attributed to the increasing demand from various industries such as food & pharmaceutical, chemical industry, etc.

The major factors driving the growth of this market are increasing demand for energy-efficient pumps in chemical and general industrial applications, and increasing demand for high-pressure pumps in oil and gas applications. On the other hand, regulatory issues faced by ferrofluid-based pumps are expected to hamper the growth rate over the forecast period.

Rotating Shaft Magnetic Pump Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Rotating Shaft Magnetic Pump Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Rotating Shaft Magnetic Pump Market Industry Research:

Market Key Players:
Flowserve, Dandong Colossus, Hermetic, Sundyne, Klaus Union, Iwaki, Richter Chemie-Technik, Sanwa Hydrotech, Dickow Pumpen, ITT Goulds Pumps, Taicang Magnetic Pump, Desmi, Verder Liquids, March Manufacturing, ASSOMA, Magnatex Pumps, GemmeCotti, Lanzhou Highland, And Others.

By Type:

• Single-stage, Multistage

By Application:

• Chemical, General Industry, Oil & Gas, Food & Pharmaceutical

By Region:

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Growth Factors:

One of the major growth factors for the rotary shaft magnetic pump market is the increasing demand from various industries such as food and pharmaceutical industries. Another factor is the development of rotary magnetic pump technology, which is helping to increase its efficiency and adaptability. Additionally, these three-phase pumps are more energy efficient than single-phase motors. This will help reduce power consumption and operating costs, thereby benefiting end users who use it on a daily basis, such as the chemical industry or oil and gas companies.

Rotating Shaft Magnetic Pump Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 6% from 2022 to 2030.
By Type	Single-stage, Multistage
By Application	Chemical, General Industry, Oil & Gas, Food & Pharmaceutical
By Companies	Flowserve, Dandong Colossus, Hermetic, Sundyne, Klaus Union, Iwaki, Richter Chemie-Technik, Sanwa Hydrotech, Dickow Pumpen, ITT Goulds Pumps, Taicang Magnetic Pump, Desmi, Verder Liquids, March Manufacturing, ASSOMA, Magnatex Pumps, GemmeCotti, Lanzhou Highland
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Rotating Shaft Magnetic Pump Market Report

• Estimate Rotating Shaft Magnetic Pump Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Rotating Shaft Magnetic Pump Market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Rotating Shaft Magnetic Pump Market?

The Rotating Shaft Magnetic Pump Market is growing at a CAGR of 6% During Forecast Period.

 What are the key types of Rotating Shaft Magnetic Pump Market?

Single-stage, Multistage

What are the key applications of Rotating Shaft Magnetic Pump Market?

Chemical, General Industry, Oil & Gas, Food & Pharmaceutical     

Who are the key players in Rotating Shaft Magnetic Pump Market?

Flowserve, Dandong Colossus, Hermetic, Sundyne, Klaus Union, Iwaki, Richter Chemie-Technik, Sanwa Hydrotech, Dickow Pumpen, ITT Goulds Pumps, Taicang Magnetic Pump, Desmi, Verder Liquids, March Manufacturing, ASSOMA, Magnatex Pumps, GemmeCotti, Lanzhou Highland, And others.