Sealless pumps don’t require a seal because the wet end of the pump and the motor are contained separately. The sealless technology eliminates the need for a seal altogether making it safer and more environmentally friendly. Sealless pumps are also easier to use and require less maintenance. Main sealless pumps include canned motor pumps, magnetic pumps and diaphragm pumps. The report mainly focuses on sealless pumps used in industrial segment.
Due to COVID-19 pandemic, the global Sealless Pumps market size is estimated to be worth US$ 3492.4 million in 2021 and is forecast to a readjusted size of USD 4601.7 million by 2028 with a CAGR of 4.0% during review period.
The market is segment by major material types of the Sealless Pumps, among these types, Cast Iron Sealless Pump is the dominated type, occupied 54 % sales market share in 2020.
Sealless pumps manufacturers range from large multinational corporations to small privately owned companies in this industry. The leading players are Nikkiso, PSG Dover, IDEX and HERMETIC-Pumpen. The market is very fragmented because the level of technology required for production is not very high and there are many local suppliers in each region.
The potential market for the sealless pumps are the countries with active industry activities. Especially in China, India and Southeast Asia. The competition in low end products market is fierce and we recommend new enters focused more on the high-end products market and try more the improve the manufacturing technology.
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