Global Industrial Lobe Pump Market 2016-2020

Overview of the global industrial lobe pump market

The global industrial lobe pump market is projected to witness tremendous growth and will post an impressive CAGR of more than 13% over the forecast period. With lobe pumps increasingly replacing cavity pumps in the main industries, especially the biofuel industry, this market is anticipated to have a positive impact in the coming years. Biofuel is one of the principal means of controlling CO₂ emissions and a prime medium of reducing global dependence on fossil fuels, leading to its augmented demand. Biofuel manufacturing is complex and involves several processes including filtering, removal of water, titration, preparation of sodium methoxide, heating and mixing, and settling and separation. Lobe pumps find applications in the settling and separation process of biofuel manufacturing and need little maintenance and have lower repair costs compared to cavity pumps. Moreover, lobe pumps can be left to run dry for some time unlike cavity pumps that get damaged if they are made to run dry, even for a short period. Since lobe pumps occupy less space compared to cavity pumps, its demand among the end users will increase significantly over the next few years.

The traditional lobe pump design is undergoing revamp in all aspects, starting from the design of the lobes and material used for their construction and installation, to the type of drives used in the lobes. Upgrading the traditional design, parts, and the drive system with new technologies will change the entire perspective on the working characteristics of lobe pumps. The new lobe pumps reduce the shear stress on the system, thus, reducing wear and tear of the lobes. This is likely to increase the overall efficiency of the pump as the belt drive system will provide a constant speed drive without slips and reduce the maintenance costs incurred on lubrication in the traditional design. These factors are expected to propel the growth prospects of this market during the predicted period.

Competitive landscape and key vendors

Due to the presence of numerous international and regional players, the global industrial lobe pump market is highly fragmented.  The market is characterized by the presence of well-established global vendors with diversified product portfolios. The competition in the market is projected to intensify with an increase in product and service extensions, technological innovations, and M&A.

Key vendors in this market are -

• Alfa Laval
• Börger
• Boyser
• GEA Group
• Wright Flow Technologies

Other prominent vendors in the market are Netzsch, Lobepro, Viking, Megator, and Vogelsang.

Segmentation by end-user and analysis of the industrial lobe pump market

• Wastewater treatment
• Oil and gas
• Food processing

The wastewater treatment segment dominated the market and accounted for close to 66% of the total market share. Wastewater treatment of is one of the primary alternative methods of enhancing the earth's depleting water resources. Nearly 1.8 billion people around the world still have no access to drinking water, while over 2.5 billion do not have access to adequate sanitation services. The increasing demand for freshwater and rising concerns for the environment will have a positive effect on the market, which will, in turn, drive the growth of this segment.

Geographical segmentation and analysis of the industrial lobe pump market

• Americas
• APAC
• EMEA

In terms of geography, the APAC region will lead the global industrial lobe pump market and will hold nearly 43% of the total revenue market share. The increasing urban population has led to an increase in demand for sustainable energy, fresh water, and agricultural and processed food products across most APAC countries. Also, process industries such as oil and gas, wastewater treatment, food and beverage, and pharmaceuticals are witnessing high growth, which will subsequently bolster the demand for pumps in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global industrial lobe pump market?
• What are the key market trends impacting the growth of the global industrial lobe pump market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial lobe pump market?
• What are the market opportunities and threats faced by the vendors in the global industrial lobe pump market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global industrial lobe pump market?

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