ANSI Pumps Market Size 2023-2030

Oct 31, 2023

The ANSI Pump market has been experiencing continual growth for the past several years. The global market for ANSI Pump is expected to reach a significant valuation by the end of the year of assessment, to reflect a value of over US$ 2.18 billion by 2029. The global ANSI Pump market is projected to expand at a value CAGR of 4.19% throughout the period of assessment, 2023-2029. This expansion can be attributed to the increasing demand of recovery from the pandemic.

ANSI pumps, also known as ANSI standard pumps, refer to a specific type of centrifugal pump that conforms to the standards set by the American National Standards Institute (ANSI). The ANSI standard for pumps, specifically ASME B73.1, provides guidelines for the design, construction, and performance of centrifugal pumps used in industrial applications.
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The term "ANSI pump" typically refers to a centrifugal pump that adheres to the dimensional and operational standards specified by the ANSI B73.1 standard. These pumps are commonly used in industries such as chemical processing, oil and gas, power generation, water treatment, and more.

The ANSI standard ensures interchangeability and compatibility between different pump manufacturers. It establishes standard dimensions for mounting, shaft, impeller, and casing sizes, as well as standardizing performance parameters such as flow rate, head pressure, and temperature limits.

The purpose of adhering to ANSI standards is to provide a consistent and reliable framework for pump selection, installation, and maintenance. ANSI pumps are known for their durability, efficiency, and ease of maintenance due to the standardized design and interchangeability of components.

In this study, the production market for ANSI Pump was divided into five geographic regions. North America occupied the largest production market share with 46% in 2022 in terms of value. It is followed by Europe.

For the ANSI Pump industry, the market is low concentrated. Flowserve, Ruhrpumpen Group, Dover (PSG), Pentair, ITT Goulds Pumps are the leading companies globally. The 15 players listed in the report accounted for about 73% of the market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for ANSI Pumps, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ANSI Pumps.

The ANSI Pumps market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global ANSI Pumps market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the ANSI Pumps manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Company

Flowserve
Ruhrpumpen Group
Dover (PSG)
Pentair
ITT Goulds Pumps
Sulzer
Grundfos
WILO SE
Torishima
Sundyne
CECO Environmental
Ebara Corporation
Richter
Klaus Union
Kaiquan
DXP-Pumpworks

by Type

Below 1,000 GPM: The largest market segment, due to the wide range of applications for these pumps, including water and wastewater treatment, food and beverage, and general manufacturing.
1,000-5,000 GPM: A major market segment, due to the demand for these pumps in the oil and gas and chemical industries.
5001-10,000 GPM: A growing market segment, due to the increasing demand for these pumps in the power generation and mining industries.
Above 10,000 GPM: The smallest market segment, but growing rapidly due to the increasing demand for these pumps in the offshore oil and gas industry.

by Application

Oil and Gas
Chemical
General Manufacturing
Water Transfer and Treatment
Power Generation
Pharmaceuticals
Food and Beverage
Pulp and Paper
Mining and Minerals
Others

Production by Region

North America
Europe
China
Japan

Consumption by Region

North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East and Africa
GCC Countries
Turkey
South Africa
Rest of Middle East and Africa

Drivers

Increasing demand for pumps in a variety of industries: ANSI pumps are used in a variety of industries, including oil and gas, chemical, water and wastewater treatment, food and beverage, and others. The increasing demand for these industries is driving the growth of the ANSI pumps market.
Rising demand for energy-efficient pumps: There is a growing demand for energy-efficient pumps in the market. ANSI pumps are more energy-efficient than other types of pumps, which is driving their demand.
Growth of the chemical and petrochemical industries: The chemical and petrochemical industries are major users of ANSI pumps. The growth of these industries is driving the demand for ANSI pumps.

Restraints

High cost of ANSI pumps: ANSI pumps are more expensive than other types of pumps. This is a major restraint of the market.
Competition from other types of pumps: There is increasing competition from other types of pumps, such as API pumps and magnetically coupled pumps. This is a major restraint of the market.
Fluctuations in raw material prices: The prices of raw materials, such as steel and copper, are volatile. This volatility can affect the cost of ANSI pumps and their demand.

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