Reverse Osmosis Pumps Market Size, Share, Growth, and Industry Growth by Type (High Pressure Reverse Osmosis Pumps and Low Pressure Reverse Osmosis Pumps), By Application (Industrial, Agricultural, Military, and Environmental) Regional Forecast (2022-2028)

REPORT OVERVIEW

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The global reverse osmosis pumps market size is expected to be USD 6.9299 billion in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with reverse osmosis pumps experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is projected to touch USD 1.185 billion by 2028, exhibiting a CAGR of 9.4% during the forecast period. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Reverse osmosis pumps are used for reverse osmosis that is used for water purification that uses a partially permeable membrane. The process is used to separate unwanted molecules, larger particles, and ions from drinking water. Reverse osmosis (RO) is used to remove different and various types of suspended and dissolved chemical and biological species. There are two types of pumps used in RO systems; positive displacement pumps and centrifugal pumps. Piping configuration of both the pump systems. RO systems take into account concerns such as protozoans, coronavirus, cysts, viruses and other microbial in the water.    

Evolving demand for reverse osmosis pumps is due to increasing application in the oil & gas industry to separate the impurities. Owing to the need for pure water has led to fuel the demand for the product in water treatment plants and sectors. Increasing need for RO filtration systems to separate containments such as pesticides, bacteria, fluorides, and arsenic demand is projected to create demand for the pumps. Introduction of new material by manufacturers to protect the pumps from acidic water and impurities is estimated to drive the demand for RO pumps. Use of helium in experimental physics is projected to facilitate market development.     

COVID-19 Impact: Halt on Various Industries to Delay Market Growth

The effects of the COVID-19 pandemic are already being felt on a global level, the global reverse osmosis pumps market was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. The demand for RO pumps is derived from various industries such as power, paper, textile, and food & beverage. The demand is also derived from sectors such as commercial, residential, and industrial. The demand for water treatment equipment and systems was also impacted the demand for pumps used. Owing to the disruptions in the supply chains requirements from various industries were ceased. The recovery for the market is attributed to the recovery of end-user industries.

LATEST TRENDS

"Emerging Demand from Various Countries to Aid Market Expansion"

The global reverse osmosis pumps market growth is anticipated to increase due to its demand from various countries. The need for desalinization of water from oceans, rivers, and seas is likely to increase the demand for water treatment systems. Various countries have been establishing water desalinization to deal with water scarcity issues. RO membrane is one of the leading technologies for brackish and seawater purification as it takes up less energy compared to other technologies. Such adoption of RO pumps for and to cater to increasing demand for potable water for purposes such as agriculture, drinking, and other purposes to increase the demand for such systems. Such demand from various countries is expected to pose an opportunity for market growth during the forecast period.

SEGMENTATION

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• By Type

Based on type; the market is divided into high pressure reverse osmosis pumps and low pressure reverse osmosis pumps.

• By Application

Based on application; the market is divided into industrial, agricultural, military, environmental, and others.

DRIVING FACTORS

"Need to Reduce Increasing Pollution Levels to Enable Market Growth"

The global reverse osmosis pumps market growth is projected to progress owing to increasing levels of pollution. Owing to urbanization and industrialization, there has been an increase in pollution levels. Increasing pollution levels, rise in the population, and climate change have led to the necessity of clean and fresh water. Due to such factors, rise in water-borne illness has advocated the need for water filtration equipment. It removes excess salt removal from the water and makes it for consumption. Such growing pollution levels are anticipated to drive the demand for reverse osmosis pumps and provide profitable opportunities for the market.

"Rise in The Online Channels to Heave Product Demand"

Growing demand for reverse osmosis pumps owing to the growth in online channels which is estimated to drive the product demand. In terms of sales channels, as the online segment is expected to pose a lucrative growth. It is one of the most preferred choices for sales and purchase due to the convenience it provides and variety it provides. Such growth in the online sales channels are anticipated to drive the market growth during the forecast period.     

RESTRAINING FACTORS

"Discharge of Brine from Pumps to Hamper Product Demand"

There are a number of factors that can push the growth of the reverse osmosis pumps market. Restraining factors such as discharge of dense brine due to high salt concentration of water as water for purification can be salty in nature. Production of fresh water in the dry parts of the globe by removing salt from seawater results in deposition of brine which can be challenging for various regions. Such negative effects on the product are anticipated to restrict and limit the market growth.  

REGIONAL INSIGHTS

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"Growing Government Initiatives for Clean Water in Asia Pacific to Fuel Market Share"

Asia Pacific holds the largest part of the global reverse osmosis pumps market share owing to increasing government initiatives for clean water. Increasing government initiatives to provide clean water accessible to everyone is expected to drive the market growth. Growth in urbanization due to increase in the population is driving the demand in the region. Growing industrial activities, commercial, and residential sectors in various countries such as China, Singapore, Malaysia, India, Vietnam, and other countries in the region are projected to fuel market development. Need for wastewater treatment in the region is estimated to increase the market share.  

KEY INDUSTRY PLAYERS

"Market Players to Boost Market Growth"

The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Hydra-Cell Pumps (New Zealand)
• Cat Pumps (U.S.)
• Grundfos (Denmark)
• Pentair (U.S.)
• SUEZ Water Technologies & Solutions (U.S.)
• Lancaster Pump (U.S.)
• KSB (Germany)
• EDS Pumps (Canada)
• FMC Technologies (U.S.)
• Permeate Pump

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.