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Global Industrial Pumps Market Research Report:

The latest report by IMARC, titled “ Industrial Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022 -2027

” " the global industrial pumps market reached a value of US$ 60.3 Billion in 2021. Industrial pumps refer to mechanical equipment that are generally used for heavy-duty applications, including transferring slurry, chemicals, petroleum and sludge. They are commonly manufactured using cast iron or carbon steel that provides excellent heat resistance, strength and superior casting performance to the pumps. They are usually operated manually or with the help of energy sources, such as electricity, wind power and engines. They are widely utilized for water injection, hydrocarbon processing, pipeline systems and refineries across numerous sectors. The rising infrastructural development projects are providing a boost to the uptake of industrial pumps across the globe.

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