
Global Centrifugal Pump Market Growth (2023-2028)
The centrifugal pump market is projected to grow from USD 39.7 billion in 2023 to USD 51.5 billion by 2028, with a CAGR of 5.4%. This growth is driven by rising demand in industries such as power generation, wastewater treatment, and chemicals. Desalination plants also play a key role in boosting ma