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ana97john
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Joined: 2022-07-05
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The increasing demand for industrial pumps market from the oil and gas and chemicals industry is driving the market growth. This can be attributed to increasing investments in the automation in order to avoid transit damage. Meanwhile, the rising pumping applications of the product, which include pumping water from wells, aquarium filtration work, pond filtration tasks, water cooling, and fuel injection in the automotive industry is anticipated to fuel the market growth in the forecast period. In terms of region, the Asia Pacific region accounts for a significant share in the market owing to the strong foothold of major manufacturers, coupled with the growing expansion of the major end use industries.

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