Tag Archives: Centrifugal Pumps.

Pressemitteilungen

CIRCOR Signs Agreement to Expand in Weihai Economic & Technological Development Zone

(June 12, 2019) – CIRCOR has signed an investment agreement to build a new facility in the Weihai Economic & Technological Development Zone (ETDZ). This commitment is a significant step forward in CIRCOR“s strategy to support the company“s customers in China and Asia Pacific.

„CIRCOR has a long relationship with Weihai ETDZ and we are excited to work together in expanding our China footprint to support our customers with our robust portfolio of established flow control technologies,“ said Ashish Dutta, VP CIRCOR China and Industrial APAC.

CIRCOR Weihai currently manufactures centrifugal and three-screw positive displacement pumps for the industrial and commercial marine markets. The new facility is scheduled for opening in 2020 in the city of Weihai in Shandong province which is strategically accessible by highway, air, rail and sea.

„Weihai is a great location for us because of its proximity to our customers, as well as the thriving regional supplier base,“ said CIRCOR International President and CEO Scott Buckhout. „Our partnership with Weihai ETDZ will also position us to cultivate and fuel a local innovation pipeline for tomorrow“s flow control solutions.“

About CIRCOR
CIRCOR International, Inc. (NYSE: CIR) designs, manufactures and markets differentiated flow control products and sub-systems for Energy, Aerospace & Defense and Industrial customers. The Company has a diversified product portfolio of recognized, market-leading brands (Allweiler®, Houttuin™, Imo®, Leslie Controls, RTK®, Schroedahl®, Tushaco®, Warren® and Zenith®) that fulfill its customers“ mission critical needs.

About EDTZ
Weihai Economic & Technological Development Zone is a national-level development zone approved by the State Council in 1992. It is located at the core of the Northeast Asian Economic Circle. It takes a good advantage in terms of location and transportation. ETDZ has all three major industries and has a strong economic potential. It is the largest export-oriented economic zone with the best quality.

Company-Contact
CIRCOR Valve Co., Ltd
Rachel Hao
Qun Xing San Road, Loufeng District 10
215006 SUZHOU
Phone: +86 021 64791019
E-Mail: rachel.hao@circor.com
Url: http://www.circorpt.com

Press
Tenncom GmbH
Sina Freivogel
Robert-Gerwig-Str. 35
78315 Radolfzell
Phone: +49 7732 – 953950
Fax: +49 7732 953939
E-Mail: sfreivogel@tenncom.de
Url: http://www.tenncom-gmbh.de

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Pressemitteilungen

Centrifugal Pumps Market Will hit at a CAGR of 4.6% from 2015 to 2025

Refurbishing of ageing manufacturing plants and pumping systems, combined with increasing exploration activities for new sources of water is driving global demand for centrifugal pumps. However, long replacement cycles and proliferation of low cost pumps made in China, can pose challenges to growth. These insights are according to FMI’s new report, “Centrifugal Pumps Market: Global Industry Analysis and Opportunity Assessment, 2015-2025”, which estimates global centrifugal market revenues to increase at 4.6% CAGR and reach US$ 48.3 Bn by 2025.

The key trends identified in the centrifugal pumps market include preference for energy-efficient centrifugal pumps, high adoption of micro-disc pumping, and incorporation of variable frequency drive technology. Reducing the pump life cycle costs and development of supply chain network are key opportunities that leading players will look to leverage on going forward.

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FMI’s report offers 10-year forecast on the basis of product type, end-use, and region.

Key centrifugal product types covered in the report include,

  • Single-stage pump
  • Multi-stage pump
  • Axial & mixed flow pump
  • Submersible pump
  • Sealless and circulator flow pump

Among these, demand for submersible pumps is the highest, with this segment accounting for nearly 28% revenue share of the global centrifugal pump market in 2015. FMI estimates demand for submersible pumps to increase at 5.4% CAGR through 2025.

On the basis of end-use, the centrifugal pump market has been segmented into,

  • Industrial
  • Agricultural
  • Domestic

According to FMI, the industrial segment accounts for the highest demand for centrifugal pumps, representing nearly 67% revenue share in 2015. Key application areas where centrifugal pumps are used in the industrial segment include chemicals, water and wastewater treatment, power, oil and gas, pharmaceuticals, and food and beverage.

Region-wise, the report offers market analysis and forecast for North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA).

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Asia Pacific excluding Japan (APEJ) is the largest market for centrifugal pumps globally, with China and India accounting for significant revenue contribution to the global market. Many economies in APEJ, especially in ASEAN, are agriculture-driven, and this is creating sustained demand for centrifugal pumps in the region. Increasing arable land under cereal production, combined with micro-irrigation trend is expected to increase the deployment of small capacity centrifugal pumps in APEJ.

Key players operating in the global centrifugal pumps market include ITT Corporation, KSB AG, Flowserve Corp, Sulzer AG, Ebara Corporation, Grundfos AG, Weir Group Plc, Wilo SE, Xylem Inc, Ruhrpumpen Group and Vertiflow Pump Company.

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