Drum Pumps, What Are They?
The demand for oil and lubricants is growing as a result of the increasing rate of industrialization in both developed and developing countries. Barrels, drums and tanks, among others, are used in the storage of liquids such as oil and lubricants. Drum pumps can be defined as the lightweight, compact and portable piece of equipment used to draw such liquids from the containers in which they are stored. Engine oil, diesel oil, milk, gasoline, vegetable oil, alcohol, hydraulic oil, acid and any other lubricants or corrosive liquids can all be transferred using a drum pump.
When most industrial fluids are stored in a container, such as a drum, the resulting package tends to be quite heavy. This makes emptying the fluid out of the container through tipping unfeasible; in such cases, drum pumps offer an invaluable solution to manufacturers. Drum pump demand, which is expected to grow within the stated period, is primarily driven by industrial users. To reduce the likelihood of accidents or injury to workers as well as minimize the unnecessary wastage industrial fluids through spillages drum pumps are seen as the best solution. Drum pumps have become the go to equipment when it comes to emptying industrial fluids stored in containers due to their numerous advantages.
The Dynamics Of The Drum Pump Market
There are many reasons why the drum pump market is expected to grow strongly, and with it, increase their demand. One of the main reasons behind the expected increase in demand for drum pumps is the growth of various industries dealing with chemicals, oil, lubricants and milk. To make cost savings, especially in shipping, these industries usually order and deliver fluids in bulk, using huge containers. The drum pump market gets a boost as a result simply because these pieces of equipment are the popular choice when it comes to emptying the fluid from these containers.
Another reason why drum pumps are so popular in industrial applications, and a driving force with regard to the expected positive performance of the drum pump market, is the fact that the use of these pumps facilitates perfect flow control at the outlet through the use of the ball valve; their use also helps save a variety of resources such as time and manpower in the transfer of fluids. As a result, the demand for drum pumps in various industries is expected to grow exponentially.
Segmentation Of The Drum Pump Market
The global drum pump market can be categorized according to the application, material and type of pump. The main types of drum pumps include Rotary/Manual, Electric powered, Pneumatic and Hydraulic among others. Under the material segment, the market is divided into metal and plastic; with PVDF (Polyvinylidene Flouride), PP (Polypropylene) and CPC (Chlorinate Polyvinyl Chloride), among others making up the subcategories under the plastic segment.
Aluminium, Cast Iron and Stainless steel among others are the main sub categories under the metal segment. Scientific, Food Processing, Automotive, Manufacturing, Waste Water Treatment, Chemical and Petroleum industries are the main subcategories under the applications segment.
Regional Drum Pump Market Outlook
Regionally, Europe, North America, Middle East, Latin America, Asia Pacific and Africa are the main drum pump market segments. The largest market for drum pumps is expected to be North America; the popularity of drum pumps in the manufacturing world, due to cost-effectiveness and efficiency associated with their use in the transfer of a huge variety of industrial fluids, is the main factor expected to drive this demand. Another promising market for drum pumps is Latin America.
The second largest market for drum pumps is expected to be Eastern Europe, with the Middle East closely behind it. In recent years, drum pump production has shifted to the east, primarily in Asia. Making inroads in the drum pump industry we have new players from the Middle East, India and China.