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The progressing cavity pump market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142949269 The up to 50 hp segment is expected to be the largest progressing cavity pump market, by power rating, in 2018. Up to 50 hp rated progressing cavity pumps are expected to hold a large share of the total market, by in 2018. This is dominance is attributed to the increase in infrastructure development, and growing demand for industrialization globally. Water & wastewater management end industry is expected to generate significant demand for the progressing cavity pump during the forecast period. The need to reduce life cycle costs and improve operating margins is anticipated to boost the usage of progressing cavity pump units in the water & wastewater industry such as polymers, waste, sludge, and flocculants. Increasing demand for freshwater, liquids with higher viscosities, and a clean environment are likely to drive the market in the future, creating opportunities for the usage of progressing cavity pumps in water & wastewater management.

Reports & Insights has freshly issued a new report titled "Water and Wastewater Treatment Market: Opportunity Analysis and Future Assessment 2022-2030" which speaks about the market size, market potential and comprehensive understanding of the statistics concerned with the development of the respective market. The market analysts estimate that the Water and Wastewater Treatment Market size will elevate from 306.5 Bn in 2022 to 526.7 Bn by the year 2030, at an estimated CAGR of 7.0%. The base year considered for the study is 2020, and the market size is projected from 2022 to 2030. The global water and wastewater treatment market is estimated to reach at a value of US$ 306.5 Bn by the end of 2020 and expected to reach at a value of US$ 526.7 Bn by 2028 with a significant CAGR of 7.0% Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/1374 Water and Wastewater Treatment Introduction Water is indeed crucial for all lives existing in, on, and above the planet Earth. However, in the present day and age, degrading water quality has turned into a universal concern and issue. It can straightaway persuade the cost of providing water by utilities, lessen the volume of water accessible for usage, and affect human health obliquely. Thus, an appropriate Wastewater treatment system is required worldwide in order to manage water in good order. Majority of the water used by households, businesses, and industries must be treated correctly before it is released back to the environment. Wastewater, basically, is the water that has been in use. Everything that one flushes down their toilet or rinses down their drain is called as Wastewater. Drainage and rainwater, together with several different pollutants, go down the street gutters and at last, end up at a Wastewater treatment facility. In addition, wastewater can also come from industrial and agricultural sources. Similar to drinking water regulations, the government and regulatory author

The progressing cavity pump market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector. The up to 50 hp segment is expected to be the largest progressing cavity pump market, by power rating, in 2018. Up to 50 hp rated progressing cavity pumps are expected to hold a large share of the total market, by in 2018. This is dominance is attributed to the increase in infrastructure development, and growing demand for industrialization globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142949269 Progressing Cavity Pump Market Water & wastewater management end industry is expected to generate significant demand for the progressing cavity pump during the forecast period. The need to reduce life cycle costs and improve operating margins is anticipated to boost the usage of progressing cavity pump units in the water & wastewater industry such as polymers, waste, sludge, and flocculants. Increasing demand for freshwater, liquids with higher viscosities, and a clean environment are likely to drive the market in the future, creating opportunities for the usage of progressing cavity pumps in water & wastewater management.