Population growth and growing demand for clean water driving global demand for sewage pumps

12-09-2019
market report

According to a new market intelligence report on the sewage pump market for the forecast period of 2019 – 2027, the global sewage pump market is expected to reach approximately USD $16.9 billion (SGD $23.3 billion) by 2027, expanding at a CAGR of approximately seven per cent from 2019 to 2027. In terms of volume, the global sewage pump market is expected to reach about 29 million units by 2027, at a CAGR of about six per cent during the forecast period of 2019 – 2027. Asia Pacific held a prominent share of the sewage pump market in 2018.

Globally, the construction industry is expanding in Asia Pacific, Europe, North America, and GCC. Residential construction is increasing with the rise in population. Rise in residential construction is increasing the number of wastewater treatment plants, which is increasing sewage pump sales. As per the World Bank, global manufacturing value added (MVA) has increased from USD $12.3 trillion (SGD $17 trillion) in 2016 to USD $13.2 trillion (SGD $18.2 trillion) in 2017, with a Y-O-Y growth of 7.3 per cent.

The construction industry in North America grew from USD $1.1 billion (SGD $1.5 billion) in 2016 to USD $1.3 billion (SGD $1.8 billion) in 2019, at a CAGR of 3.5 per cent. Rise in residential construction is increasing the number of treatment plants that is driving the demand for sewage pumps. In the U.S., although the volume of wastewater has decreased, the nature of wastewater of the 21st century has less liquid, and more solids and disposables. Hence, good quality sewage pumps are required for sewage transportation.

In Europe, the construction industry is in a decline. It was valued at USD $2.5 billion (SGD $3.4 billion) in 2016, reached USD five billion (SGD $6.9 billion) in 2017, and decreased to USD $3.6 billion (SGD five billion) in 2018, at a CAGR (2016 – 18) of 18.8 per cent. EUROCONSTRUCT forecasts the construction industry to decline in Europe from USD $2.2 billion (SGD $3.01 billion) in 2019 to USD $1.6 billion (SGD $2.2 billion) in 2021, at a CAGR (2019 – 21) of -14.2 per cent. However, as per FIEC (European Construction Industry Federation) in the Big Five Countries, the number of building permits in residential construction has increased from 878,562 in 2014 to 1,103,431 in 2018, at a CAGR of 5.9 per cent. This is increasing wastewater treatment plants in Europe and also increasing pump sales.    

In Germany, the construction market was valued at USD $368.9 billion) SGD $507.9 billion) in 2016 and reached US$ 451.0 Bn in 2018, expanding at a CAGR of 10.6 per cent. In 2019, the industry is forecast to reach US$ 476.0 Bn, with a Y-O-Y growth of 5.5 per cent.

China is the dominant sewage pump market in the Asia Pacific region. The government is investing in wastewater technologies to maintain the ecosystem. India is the second-largest sewage pump market, followed by Japan, which is a mature sewage pumps market. The Tokyo Olympics in 2020 is expected to increase the demand for sewage pumps. In China, the construction industry was valued at USD $816.6 billion (SGD $1.12 trillion) in 2017, rising at a CAGR of 16.6 per cent from 1978, as per the National Bureau of Statistics (NBS).

In MEA, the efficient use of water is crucial due to its scarcity. Wastewater treatment plants help in the reuse of sewage water, which is very important to the region.

A large number of sewage pump manufacturers are investing in South America due to an increase in the number of wastewater treatment plants.

Based on product, the sewage pump market has been categorised into surface sewage pumps and submersible sewage pumps. On the basis of end use, the global sewage pump market is bifurcated into residential, industrial, and commercial.

In terms of region, the report classifies the market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. The regions have been analysed in terms of value and volume shipments in the sewage pump market industry. Moreover, region-wise significant countries covered in the report are the U.S, Canada, France, Germany, U.K., China, Japan, India, GCC, South Africa, and Brazil.

Company profiles of the players operating in the sewage pump market include company overview, major business strategies, and key developments. Companies profiled in the global sewage pump market include Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, Wilo Group, Armstrong Fluid Technology, Grundfos Holding A/S, Tsurumi Manufacturing Co. Ltd., The Gorman-Rupp Company, C.R.I. Pumps Private Ltd., and Nanjing Lanshen Pump Corp. Ltd.