Global Magnetic Drive Pump Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Flow Rate;

Up to 80 m³/hr, 81 – 200 m³/hr, 201 – 500 m³/hr, and Above 500 m³/hr.

By Casing Material;

Stainless Steel, Alloy, and Polypropylene.

By Application;

Chemical Manufacturing & Processing, Metal Plating and Finishing, Fume Scrubbing, Food Processing, Water Treatment, and Surface Treatment.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn044511628 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Magnetic Drive Pump Market (USD Million), 2021 - 2031

In the year 2024, the Global Magnetic Drive Pump Market was valued at USD 1,194.66 million. The size of this market is expected to increase to USD 2,021.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

The Global Magnetic Drive Pump Market is witnessing substantial growth, driven by the increasing demand for efficient and reliable pumping solutions across various industries. Magnetic drive pumps offer several advantages over traditional mechanically sealed pumps, including leak-free operation, enhanced safety, and reduced maintenance requirements. These pumps are widely used in industries such as chemical manufacturing, water treatment, pharmaceuticals, and food processing, where the handling of corrosive, hazardous, or sensitive fluids is common.

This report provides an in-depth analysis of the Global Magnetic Drive Pump Market, covering various segments such as casing material, flow rate, application, and geographical regions. It offers comprehensive revenue analysis for both historic and forecast periods for each market segment. The analysis for every market segment is substantiated with relevant data points, providing valuable insights into the market dynamics, trends, and patterns driving market growth.

With the increasing emphasis on industrial safety, environmental protection, and energy efficiency, the demand for magnetic drive pumps is expected to grow significantly in the coming years. This report serves as a valuable resource for industry stakeholders, providing a detailed understanding of the market landscape and offering strategic insights to capitalize on emerging opportunities. From chemical manufacturing to water treatment and food processing, magnetic drive pumps are becoming indispensable in a wide range of industrial applications, driving innovation and efficiency across various sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Flow Rate
    2. Market Snapshot, By Casing Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Magnetic Drive Pump Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand
        2. Environmental Regulations
        3. Growing Industrialization
        4. Technological Advancements
        5. Chemical Processing
      2. Restraints
        1. Cost Constraints
        2. Limited Efficiency
        3. Material Compatibility
        4. Maintenance Complexity
        5. Regulatory Compliance
      3. Opportunities
        1. Increasing demand from chemical and petrochemical industries
        2. Growing adoption in water and wastewater treatment
        3. Expansion of the pharmaceutical and healthcare sector
        4. Rising focus on energy-efficient pumping solutions
        5. Emerging opportunities in the food and beverage industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Magnetic Drive Pump Market, By Flow Rate, 2021 - 2031 (USD Million)
      1. Up to 80 m³/hr
      2. 81 – 200 m³/hr
      3. 201 – 500 m³/hr
      4. Above 500 m³/hr
    2. Global Magnetic Drive Pump Market, By Casing Material, 2021 - 2031 (USD Million)
      1. Stainless Steel
      2. Alloy
      3. Polypropylene
    3. Global Magnetic Drive Pump Market, By Application, 2021 - 2031 (USD Million)
      1. Chemical Manufacturing & Processing
      2. Metal Plating and Finishing
      3. Fume Scrubbing
      4. Food Processing
      5. Water Treatment
      6. Surface Treatment
    4. Global Magnetic Drive Pump Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Iwaki Co., Ltd.
      2. Richter Chemie-Technik GmbH
      3. Klaus Union GmbH & Co. KG
      4. Sundyne LLC
      5. Milton Roy Company
  7. Analyst Views
  8. Future Outlook of the Market