Utility Pump Market: Rapid Growth of Agriculture and Construction Industry Drives Demand

Technology

Utility pumps are multi-functional pumps that can pump large volume of liquids quickly. These pumps are made of plastic, stainless steel, and thermoplastic, are highly durable, and lightweight. Basic applications of utility pumps includes removing standing water off basement floors, draining aquariums, and water beds etc.

Utility Pump Market – Competitive Landscape

Zoeller Engineered Products

Zoeller Engineered Products, a family-owned business was incorporated in the year 1939 and is headquartered in Louisville, KY. The company is engaged in the manufacturing and distribution of water pumps. It offers a wide range of products for storm water removal, and hazardous location applications for residential, commercial, and municipal markets.

WAYNE Water Systems

WAYNE Water Systems was incorporated in the year 1928, and is located in Fort Wayne, Indiana. The company offers a wide range of pumps that are designed for homeowners, watering gardens, sewage pumps, and pool and lawn. In the year 1940, Wayne entered the business of water pumps by acquiring Zepher Pump Company.

ZEELINE NATIONAL – SPENCER. Inc.

National-Spencer and the ZeeLine brand have been in the business from 1947. The company is specialized in lubrication and fluid management equipment. It offers its products to agriculture, automotive, industrial, and aeronautical sectors.

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Stairs Asia Pacific Pte. Ltd.

Stairs Industrial Company Ltd. was founded in 1981 and is focused on becoming a leading producer of submersible pumps. The company is engaged in the business of manufacturing submersible pumps which meet global quality standards, and at the same time is very competitively priced. It supplies its products to more than 118 countries worldwide.

Some of the other key players operating in the global utility pump market include Great Plains Industries, Inc., Finish Thompson, Inc., etc.

Utility Pump Market – Dynamics

Rapid growth of agriculture and construction industry

Rapid growth in the agriculture and construction industry is projected to be a driving factor for the growth of the utility pumps market. Different utility pumps are used to removing water, abrasive materials, acids, chemicals, hazardous materials, highly viscous fluids, gasoline or diesel fuel etc. It is also used to move large amount of wastewater by boosting water pressure at construction sites.

Rise in sale of utility pumps at e-commerce websites

Growth of the e-commerce industry has created better opportunities for producers and suppliers of utility pumps who are focusing on promoting their products on various websites and portals in order to cater to a wide range of customers across the world. Rise in promotional campaigns of fabric utility pumps through various online channels is projected to offer attractive opportunities to the global utility pumps market in the next few years.

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