Dublin, April 20, 2022 (GLOBE NEWSWIRE) -- The "Turkey Pump Market - Industry Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. Turkey pump market size to grow at a CAGR of 6.52% during the forecast period.

The study considers a detailed scenario of the present Turkey pump market and its market dynamics for 2022-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market. Favorable government policies to further boost the productivity of the oil & gas industry are among the major factors which are likely to fuel the demand for the pump market in Turkey.

Improvement in infrastructural development activities is also one of the main factors that are expected to boost the growth of the pump industry in the region. Industrialization and immense agricultural development have contributed to the creation in Turkey of a large sector of pumps.

The pump market in Turkey is expected to continue expanding the pump applications in various end-use industries such as oil & gas, mining, agriculture, domestic, manufacturing, and municipal water. KEY HIGHLIGHTS

The growing construction industry is expected to drive the growth of pumps and pumping equipment manufacturing in Turkey. Turkey occupies a unique geographic position, lying mainly between Asia and Europe, so it gains importance in terms of investments from other countries.

The market is also driven by the high demand for water & wastewater treatment plants. Policymakers have implemented stringent wastewater management strategies and legislation, particularly for urban and industrial sectors regarding wastewater treatment. This is likely to increase the demand for water treatment plant pumps.

The demand for submersible pumps is strongly associated with the growth of infrastructure activities worldwide. Raising urbanization and growing investments in wastewater treatment affect the pump demand; thus, submersible pump companies in Turkey should keep these factors in mind for market growth. Electrical submersible pumps are in high demand with permanent magnet motors through reduced power consumption in the pump market in Turkey

The Turkey rotary pump market is driven by the increasing need for energy systems in industries that use new technologies. Further, to speed up the development of the rotary pump industry, new agriculture innovations are implemented to improve total catering productivity to meet the increasing demand for farm products

Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage 4.1 Market Definition 4.1.1 Inclusions 4.1.2 Exclusions 4.1.3 Market Estimation Caveats 4.2 Base Year 4.3 Scope of The Study 4.4 Market Segmentation 4.4.1 Market by Product 4.4.2 Market by End-User 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Currency Conversion 5.3 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 7.1.1 Demand Insights 7.2 Economic Outlook 7.2.1 Macroeconomic Developments 7.2.2 Economic Targets 7.2.3 Targets of Exports Master Plan 7.2.4 Sectoral Breakdown of Foreign Investments 7.3 Growth in Mergers & Acquisitions 7.4 Demand for Efficient & Advanced Pump Technology 7.5 Replacement Demand 7.6 Impact of Covid-19 8 Market Opportunities & Trends 8.1 Growing Construction Industry 8.2 Demand for Energy-Efficient Pumps 8.3 High Demand for Water & Wastewater Treatment Plants 8.4 Growing Potential for Pump Exports 9 Market Growth Enablers 9.1 Depleting Groundwater Levels 9.2 Growing Agriculture Sector 9.3 Expansion in Infrastructure 10 Market Growth Restraints 10.1 Fluctuations in Raw Material Prices 10.2 International Competition 11 Market Landscape 11.1 Market Size & Forecast 11.2 Five Forces Analysis 12 Product 12.1 Market Snapshot & Growth Engine 12.2 Market Overview 13 Centrifugal Pumps 13.1 Market Snapshot & Growth Engine 13.1.1 Market Overview 13.1.2 Market Size & Forecast 13.2 Single-Stage 13.3 multi-Stage 13.4 Submersible 13.5 Turbine 14 Reciprocating Pumps 14.1 Market Snapshot & Growth Engine 14.1.1 Market Overview 14.1.2 Market Size & Forecast 14.2 Piston 14.3 Diaphragm 15 Rotary Pumps 15.1 Market Snapshot & Growth Engine 15.1.1 Market Overview 15.1.2 Market Size & Forecast 15.2 Gear 15.3 Lobe 15.4 Peristaltic 15.5 Vane 16 End-User 16.1 Market Snapshot & Growth Engine 16.2 Market Overview 17 Industrial 17.1 Market Snapshot & Growth Engine 17.1.1 Market Overview 17.1.2 Market Size & Forecast 17.2 Oil & Gas 17.3 Water & Wastewater 17.4 Food & Beverage 17.5 Chemical 17.6 Power 17.7 Mining 17.8 Pharmaceutical 18 Agricultural 18.1 Market Overview 18.1.1 Market Size & Forecast 19 Commercial 19.1 Market Overview 19.1.1 Market Size & Forecast 20 Residential 20.1 Market Overview 20.1.1 Market Size & Forecast 21 Competitive Landscape 21.1 Competition Overview For more information about this report visit https://www.researchandmarkets.com/r/wykwsq

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