Asia-Pacific Hose Pump Market: Industry Analysis, Growth, Opportunities, Trend Factors and Segmentation (2024-2030)

Asia-Pacific Hose Pump Market Definition:

A hose pump, commonly known as a peristaltic pump or a roller pump, is a type of positive pump used for pumping a variety of fluids. Most hose pumps work through rotary motions, though linear peristaltic pumps have also been made. Inside a circular pump casing, the fluid is contained in a flexible tube fitting device. Positive displacement or hose pumps, often known as constant flow machines, are machines that use mechanical action to move fluids in liquid, gas, or slurry form. The moving liquid is trapped in a cavity and then expelled by a plunger or piston in this type of pump. Hose pumps are equipped with a mounting cavity on the suction side and a shrinking cavity on the discharge side.

 

Further, the Asia-Pacific Hose Pump Market is segmented by Type, Capacity, End-Users, and Geography. Based on Type, the Asia-Pacific Hose Pump Market is segmented under Rotary Pumps, Peristaltic Pumps, and Others. Based on the Capacity, the Asia-Pacific Hose Pump Market is segmented under the channels of Low Capacity Pump, Medium Capacity Pump, and High Capacity Pump. Based on the End-Users, the Asia-Pacific Hose Pump Market is segmented under the channels of Oil & Gas, Water & Wastewater Treatment, Automotive, Chemical & Petrochemicals, and Others. By Geography, the market covers the following Regions: China, Japan, India, South Korea, Indonesia, and the Rest of Asia-Pacific. For each segment, the market sizing and forecasts have been done based on value (in USD Million).

 

 

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Asia-Pacific Hose Pump Market Dynamics:

Extensive Consumption of Hose Pumps in Industries Propels the Growth of the Market 

 

The region represents one of the leading markets for hose pumps or positive displacements pumps. The major factor driving the growth of the market is the extensive use of hose pumps in water and wastewater treatment facilities. The growing demand for material handling equipment, increase in infrastructure development, and reducing overall equipment costs are the other major factors driving the growth of the hose pumps market. These pumps are compact in size, offer high viscosity performance, and manage high differential pressure. The up-gradation and renovation of oil & gas exploration facilities in the region are also expected to create a positive outlook for the market.

 

According to the statistics by the World Bank, the population around the Asia and the Pacific region is home to 60% of the world's population – some 4.3 billion people – and including the world's most populous countries, China and India, in 2020 and requires Water & Wastewater Treatment. The rising worry about the absence of potable water in these areas, as well as the government's increased focus on boosting the availability of drinking-water services, are some of the primary drivers expected to drive market expansion during the forecast period. Aside from that, rising concerns about the rising occurrences of water-borne diseases, including diarrhea, cholera, and typhoid, which are caused by consuming polluted water, are boosting demand for water treatment services, which is likely to drive market growth.

 

Simple Installation and Effective Outcomes Lead the Growth Opportunities to the Hose Pump Market

 

The hose pumps offer the simpler installation with enhanced and effective outcomes while significantly reducing the carbon footprints, which in turn, is boosting the market opportunities. The hose pumps are gaining traction in recent years as they are very easy to control and the most compact, lightweight, and reliable equipment compared to the traditional pumps. Modern hose pumps are accessible in several material handling, automotive, aviation, and manufacturing. As per the reports of IOGP's Global Product Report 2020, the demand for oil & gas is at its peak for the region, greater than ever, with drastic growth in countries like China, India & Indonesia for this region. To match demand and supply, this has fueled investment in oil exploration and production. The region's leading vendors are investing to pursue the "Local for Local" market approach, which aims to provide speedier availability in shorter durations.

 

As per the reports by the Indian Oil & Gas Industry in 2020, India's oil and gas sector witnessed investments of around INR 4.5 trillion in exploration, distribution, marketing, gasification, and pipeline network lying. The government expects, after the investment, domestic natural gas production to increase by around 25%, from 42.87 billion cubic meters in 2020-22to 49.3 billion cubic meters by 2025-27. In the oil and gas sector, gear pumps are replacing vane pumps, this trend is expected to continue over the forecast period, which is propelling towards the growth of the hose market in the Asia-Pacific region.

 

Increasing Prevalence of Vaccines in the Countries has Led to Trend the Hose Pump Market

 

The growth in the pharmaceuticals industry, the increase in the production of the vaccine across the region, majorly in the countries like India and China, promotes the hose pump market by the growth rate of 14.2% over the past few years. The hose pumps are used to fill/transfer liquids in the pharmaceuticals fuelling the market growth. The liquid micro filling used to transfer chemicals, pharmaceuticals, vaccines, etc., in the healthcare industry requires a hose pump. The tubes eliminate the need for cleaning and sterilizing in functional diagnostics and the possibility of cross-contamination, contributing to the demand growth for the hose pump market.

 

For instance, as per the reports of IBEF, the International Finance Corporation plans to invest about $ 155 million in water & wastewater treatment projects in the countries like China, India, and Indonesia.

 

The Chinese government's infrastructure spending grew by 4-7% in 2020 and spent USD 270 billion on road and waterway projects. The sale of the hose pumps in the first half of 2020 was almost 40-50% higher compared to the last year. One of the biggest Chinese companies, Jiangsu Hengli Hydraulics Ltd., whose turnover grew 46% in 2019, has now become the sixth-largest equipment manufacturer in the hose pump market across the region.

 

Asia-Pacific Hose Pump Market Segment Analysis:

By Type, Peristaltic Pumps are the major segment that contributed to market growth of more than 35% and are forecasted to have a growth rate of 15.6% over the forecasted period. The major factors which are attributed to the growth are the facilities which it provides the various industries like pharmaceuticals, automotive, and chemicals industry lifting the growth by 12% over the forecasted period. These pumps are typically used to pump clean/sterile or highly reactive fluids without exposing those fluids to contamination from exposed pump components. The common applications in industries for infusion devices, apheresis, highly reactive chemicals, high solids slurries, and other materials where isolation of the product from the environment is critical. They are majorly used in heart-lung machines to circulate blood during bypass surgery and in hemodialysis systems.

 

By End-Users, Water & Wastewater treatment segment dominated around 33% share of the overall market during 2023. The water & wastewater treatment requires the hose pumps, which are situated at the ground level, connected through a vertical shaft to the bottom of the pump. The factor attributed to the growth is the increase in the revenue generated by this region by this segment is USD 488 million over the forecasted period growing with a CAGR of 5.8%. The growth of the market is primarily attributed to the growing population in this region and hence the increasing need for potable water.

 

 

Asia-Pacific Hose Pump Market Regional Insights:

India is estimated to hold the highest market share during the forecasted period and grow with the highest CAGR of 6.1% during the forecasted period. The market in the region is estimated to garner revenue of USD 464.2 million by the end of 2030. Growing concern for the surface and groundwater pollution in the region, owing to the increase in urbanization and economic development, is one of the major factors anticipated to drive the growth of the market in this country.

 

As per the reports of the World Bank, Urban markets in Indian infrastructure are developing at an unprecedented rate of 11.2%, the market vendor is trying to utilize these opportunities by having a growing share of 6.1%. For instance, the Indian government plans to invest close to USD 1.35 trillion to build modern ports, highways, railways, airports, and educational institutes to give a significant boost to the Indian economy. Big companies like Tata Group are collaborating with government organizations. Domestic players Bosch Rexroth AG are expanding the manufacturing facility to double the market demand in India.

 

Asia-Pacific Hose Pump Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

 

The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

 

The objective of the report is to present a comprehensive analysis of the Asia-Pacific Hose Pump Market to the stakeholders in the industry. The report provides trends that are most dominant in the Asia-Pacific Hose Pump Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Asia-Pacific Hose Pump Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Asia-Pacific Hose Pump Market report is to help understand which market segments and regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Asia-Pacific Hose Pump Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Asia-Pacific Hose Pump Market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Asia-Pacific Hose Pump Market. The report also analyses if the Asia-Pacific Hose Pump Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Asia-Pacific Hose Pump Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Asia-Pacific Hose Pump Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Asia-Pacific Hose Pump Market is aided by legal factors.

 

Asia-Pacific Hose Pump Market Scope:

Asia-Pacific Hose Pump Market Scope
Market Size in 2023	USD 621.08 Mn.
Market Size in 2030	USD 770.10 Mn.
CAGR (2024-2030)	3.12%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Type Rotary Pump Peristaltic Pump Others
	By Capacity Low Capacity Pump Medium Capacity Pump High Medium Pump
	By End-use Industry Oil & Gas Water & Wastewater Treatment Automotive Chemical & Petrochemicals Others
Country Scope	China India  Japan  South Korea Australia  ASEAN Rest of APAC

 

Asia-Pacific Hose Pump Market Key Players: 

• Bosch Rexroth AG (India)
• Emerson Electric & Co. (India)
• Danfoss Power Solution (US)
• Parker Hannifin Corporation (US)
• Kawasaki Heavy Industries Ltd. (Japan)
• Daikin Industries Ltd. (Japan)
• Mitsubishi Heavy Industries (Japan)
• Tata Mitsubishi Construction Machinery (India)
• Kobelco Group (Japan)
• KYB Corporation (Japan)
• Shimadzu Corporation (Japan)
• Jiangsu Hengli Hydraulic Co. Ltd. (China)
• YUDI Hydraulics (China)