Market Share of Middle East and Africa Centrifugal Pumps Industry
The Middle East and Africa Centrifugal Pumps Market is competitive and consists of several partakers like Baker Hughes Company, Flowserve Corporation, Schlumberger Limited, and Xylem, among others. The companies are focusing on increasing their market presence by forming multiple partnerships, investing in projects, and launching new products in the market.
- March 2022 - A leading designer & manufacturer of low life cycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil and gas industries, delivered an order through Gas Arabian Services for bespoke, compact API 610 vertical in-line pumps to be used in the SABIC petrochemical refinery in Yanbu, Saudi Arabia.
- November 2021 - Fives, a leading provider of centrifugal pumps, won a new contract for Cryomec pumps in Saudi Arabia. The contract was from a major industrial gas complex in Jubail Industrial City. The project will use two continuous-duty Cryomec LABS for LIN (liquid nitrogen) application, while two Cryomec DGS will be used as truck loading pumps to transfer LOX (liquid oxygen) from storage to the trailers.
Centrifugal Pumps Market Leaders
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Baker Hughes Company
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Flowserve Corporation
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The Weir Group PLC
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Schlumberger Limited.
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Xylem Inc.
*Disclaimer: Major Players sorted in no particular order