The Chinese market for screw pumps is growing strongly, with particularly strong opportunities in the twin screw pump market segment.
This article is based on a GCiS multi-client report: China Screw Pumps Market Research Report.
Screw pumps play a fundamental role in various aspects of everyday life; from sewage and waste water treatment to the extraction and processing of raw materials and manufacturing of finished products, the applications of these pumps are almost endless. Sales of these pumps are also growing rapidly in China, and not only because of the country’s overall economic growth. In terms of revenue, screw pumps only account for 7.5% of the Chinese pump market compared to around 11% internationally, suggesting that there is still plenty of room for future growth. Based on recent research by GCiS China Strategic Research, twin-screw pumps appear to have particularly strong prospects in the near future, not only for existing suppliers but also for potential new market entrants.