Magnetic Pump Market

"Magnetic Drive" refers to the coupling between the wet end of the pump and the motor. In "direct drive" pumps, the impeller of the pump is attached to the shaft of the motor, and this design depends on the shaft seal to contain the chemical. In a magnetic drive pump, the wet end and motor are two separate contained parts, connected by only a motor bracket. At the end of the motor shaft, a drive magnet is attached, and as the drive magnet rotates around the rear housing, the impeller, which is fixed upon another magnet, spins in synchronization. It is the attraction of the drive magnet and the impeller magnet which allows the full torque of the motor to be passed onto the pump. As the shaft of the motor does not extend into the interior of the pump, there is no need for a shaft seal, and without a shaft seal, the danger of leakage commonly associated with a shaft seal is eliminated. Furthermore, the maintenance cost is reduced because no time or money is spent on maintaining the shaft seal.

Magnetic Pump Market contains market size and forecasts of Magnetic Pump in global, including the following market information:

Global Magnetic Pump Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Magnetic Pump Market Sales, 2017-2022, 2023-2028, (Unit)

Global top five Magnetic Pump companies in 2021 (%)

The global Magnetic Pump market was valued at 654.9 million in 2021 and is projected to reach US$ 830.2 million by 2028, at a CAGR of 3.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

By Driver Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Magnetic Pump include Flowserve, Sundyne, Iwaki, Hermetic, Dickow Pumpen, Sanwa Hydrotech, Klaus Union, Dandong Colossus and ITT Goulds Pumps, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Magnetic Pump manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Magnetic Pump Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)

Global Magnetic Pump Market Segment Percentages, by Type, 2021 (%)

By Driver

Rotating Shaft Magnetic Drive Pumps

Stationary Shaft Magnetic Drive Pumps

By Stage

Single-stage

Multistage

Global Magnetic Pump Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)

Global Magnetic Pump Market Segment Percentages, by Application, 2021 (%)

Oil and Gas

General Industry

Chemical

Food and Pharmaceutical

Others

Global Magnetic Pump Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)

Global Magnetic Pump Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Magnetic Pump revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Magnetic Pump revenues share in global market, 2021 (%)

Key companies Magnetic Pump sales in global market, 2017-2022 (Estimated), (Unit)

Key companies Magnetic Pump sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Flowserve

Sundyne

Iwaki

Hermetic

Dickow Pumpen

Sanwa Hydrotech

Klaus Union

Dandong Colossus

ITT Goulds Pumps

Richter Chemie-Technik

Verder Liquids

Magnatex Pumps

Lanzhou Highland

ASSOMA

Taicang Magnetic Pump

March Manufacturing

GemmeCotti

Desmi