Increasing Application of Chopper Pumps in Agricultural Sector Boosts Chopper pumps market Growth
According to our latest market study on " Chopper pumps market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type and End-user," the market was valued at US$ 1,109.69 million in 2022 and is expected to reach US$ 1,714.89 million by 2030; it is anticipated to register a CAGR of 5.6% from 2022 to 2030.
Chopper pumps are widely used to transport solids-laden water from agricultural waste. The nature of waste from the agricultural sector is changing; more chemicals and advanced materials are in use for better crop production to meet the growing demand. With the more advanced nature of produced waste from agricultural land, the demand for high-end pumps to manage this waste is also growing. The rising demand for cutting-edge pumps from the agricultural sector is fueling the growth of the global chopper pumps market. Submersible chopper pumps are mostly used in the agriculture sector for irrigation purposes. High durability and capacity to manage highly concentrated wastes have been major features that made chopper pumps suitable for large-scale agricultural activities. Growing digitalization and rising need for fast process-driven products are major factors boosting the chopper pumps market in the agricultural sector.
Chopper pumps help reduce solids and other hard materials by using the shredding system. The process prevents clogging of the pump and adjacent piping that helps in water drainage. The solids handling capacity of chopper pumps is significantly high, which drives their usage in different industrial sectors. The growing application of chopper pumps for pumping sewage and treating agricultural waste boosts the demand for chopper pumps across North America. Environment regulations that establish norms for water and wastewater treatment guidelines also emphasize activities that lessen environmental pollution. Pumping crust at a sewage treatment plant, sewage wet wells, and lift stations is boosting the demand for chopper pumps across North America. Sludge pumping at biogas facilities, agricultural fertilizers, poultry processing plants, and marine product processing plants are major application areas of chopper pumps, which drive the chopper pumps market share in North America.
Chopper pumps market Share — by Region, 2022
Chopper Pumps Market Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Submersible Chopper Pumps, Cantilever Chopper Pumps, Vertical Dry Pit Chopper Pumps, Self-Priming Chopper Pumps, End Suction Chopper Pump, Vertical Wet Well Chopper Pump), By End-user (Agriculture, Food and Beverages, Water and Waste Water Treatment, Chemical and Petrochemical, and Others), and Geography
Chopper Pumps Market Size, Analysis, Top Players 2020-2030
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Source: The Insight Partners Analysis
Canada is a potential chopper pumps market due to its growing application in wastewater treatment facilities. Increase in focus of the government on protecting the environment from pollution, a sustainable way of farming, and a systematic sewage system are a few factors contributing to the growth of the chopper pumps market in Canada. Under the Fisheries Act, the Wastewater Systems Effluent Regulations include mandatory norms for maintaining the minimum effluent quality standards for wastewater treatment. The increasing funding for boosting wastewater treatment also positively impacts the chopper pumps market. For instance, in 2022, Canada and British Columbia jointly invested CAD 9.9 million (US$ 7.6 million) in a wastewater treatment facility to protect Cultus Lake in the Fraser Valley. Moreover, the agriculture and agri-food sectors contributed to the Canadian economy, accounting for ~7.0% of Canada’s gross domestic product (GDP) in 2022. The increasing proliferation toward adopting a more sustainable way of farming and integrating advanced technologies in the agricultural processes for aiding environmental protection are boosting the chopper pumps market growth in Canada.
Cornell Pump Company, Crane Pumps and Systems, Cri-Man SpA, Eddy Pump Corporation, Landia A/S, Sulzer Ltd, T-T Pumps, Vaughan Company, Wamgroup SpA, and Xylem Inc are among the key chopper pumps market players profiled during this study. In addition, several other important chopper pumps market players were studied and analyzed during this study to get a holistic view of the chopper pumps market and its ecosystem.
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