According to the research report titled ‘Asia Pacific Side Channel Pumps Market Size By End-User (Chemical {Liquid Transfer, Boiler Feed, LPG Pumping, Heating/ Air Conditioning}, Food & Beverage, Pharmaceutical, Petrochemical, Shipbuilding, Water Treatment, Oil & Gas), COVID-19 Impact Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027,’ available with MarketStudyReport, Asia pacific side channel pumps market is poised to generate lucrative returns during 2021-2027.

The immense expansion of water treatment and oil & gas vertical, coupled with flourishing pharmaceutical sector particularly due to the COVID-19 pandemic are parameters shaping Asia pacific side channel pump market dynamics.

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For those unaware, side channel pumps are a type of self-priming pumps that enable 5-10 times more pressure than normal pumps and have the ability to withstand 50% of entrained gas with vapor & fluid moving through various paths. They are used in multiple applications because of easy pumping of volatile chemicals with varied inlet pressure, low NPSH requirement, and high-temperature fluid handling. 

However, the huge costs involved in the maintenance and operation of pump applications are likely to impede the progress of the business sphere in the forthcoming years.  

During the COVID-19 pandemic, the pharmaceutical industry grew tremendously due to the widespread production of vaccinations and antiviral drugs for the treatment of the virus, hence boosting the equipment adption. 

Speaking of the regional terrain, side channel pumps market in South Korea is estimated to witness remarkable valuation by the end of the projected timeframe, attributed to the flourishing chemical and shipbuilding industries. Moreover, the shipbuilding end-user segment accounted for 2% of the South Korean GDP, which is predicted to contribute heavily to the regional market growth during the review period. 

The key players in Asia pacific side channel pumps market include Gardner Denver, Flowserve Corporation, Dev Engineers, SERO PumpSystems GmbH, Emmecom (Asia) Pte. Ltd., KSB SE & Co. KGaA, Manvac Technik Limited, Inoxpa India Pvt. Ltd., Aqua Group, Circor International Inc., Pompe Garbarino S.p.A., and Speck Pumpen Verkaufsgesellschaft GmbH among others.