Middle East and Africa Centrifugal Pumps Market Size

Centrifugal Pumps Market Analysis

The Middle East and Africa Centrifugal Pumps Market are expected to register a CAGR of about 4.6% over the forecast period. The increasing demand for more efficient pumps and rapid industrialization in the Middle East & Africa region is expected to propel the growth of the centrifugal pumps market. The growing need for better efficiency, especially across the water and wastewater industry, is also one of the key factors supporting the studied market growth.

• Centrifugal pumps are hydraulically operated machines that transfer fluids through increased pressure. These pumps can have different structures, but their fluid dynamic characteristics and working principle are mostly the same. The swift increase in product demand from the industries such as water & wastewater, oil & gas construction, etc., across numerous emerging countries in the Middle East & Africa region is a crucial factor driving the growth of the centrifugal pumps market.
• Water is a scarce commodity across most of the countries in the studied region. Hence, the investment in the water & wastewater industry has been growing significantly. For instance, in March 2022, at MENA Desalination Projects Forum 2022, Saudi Arabia announced more than 60 water projects worth SR35 billion (USD9.33 billion). As centrifugal pumps are widely used for pumping applications across the water & wastewater industry, the demand is expected to grow during the forecast period.
• The centrifugal pumps are also essential to the daily operation of many facilities, as they are typically low in cost, have low maintenance requirements, and have long operating lives. Considering the benefits, several vendors in the Middle East & African region offer various types of centrifugal pumps. For instance, Sulzer Ltd. is among the leading provider of centrifugal pumps in Saudi Arabia; the company provides a broad range of centrifugal pumps used across various industries. The company has been working closely with Saline Water Conversion Corporation (SWCC), a Saudi Government Agency, on a project that is expected to increase the availability of fresh water, supporting the growth of economic and tourism activity in the West Coast region of the Kingdom, by 2030.
• As the rapid pace of urbanization and industrial advancement in the MEA region has considerably strengthened the growth prospects of the pumps market, centrifugal pump companies have started focusing on refining the technology of the pumps, producing more specialized pumps to increase performance in specific applications. For instance, to cover the widest spectrum for various applications ranging from water pumping to the oil & gas industry, EBARA Pumps Middle East FZE provides a wide range of 1.0 kW pumps to 10 MW pumps.
• However, the centrifugal pumps are highly susceptible to cavitation when the net positive suction head of the system is too low for the selected pump and corrosion inside the pump owing to fluid properties. Along with the availability of alternatives, these factors are challenging the studied market's growth.
• Furthermore, COVID-19 has negatively impacted the market growth in the middle eastern region, mainly due to a stoppage in discrete manufacturing industry operations. Due to restrictions in lockdowns, delays in project construction activities exponentially affected the whole supply and distribution network, hitting industrial equipment companies with a lag.