Oil Refining Pumps Market Estimated to Soar Higher During 2018 to 2028
Verfasser: ashwani_kailiya on Tuesday, 28 January 2020The global demand for oil refining pumps is expected to surpass 3,000,000 tons by 2018 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The oil supply has sharply increased from Russia, Middle East, and the US, compensating for fall in oil production in Iran and Venezuela. The Fact.MR report tracks the oil refining pumps market for the period 2018-2028. According to the report, the oil refining pumps market is expected to reach 2.9% CAGR during 2018-2028.
The business intelligence study of the oil refining pumps market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the oil refining pumps market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the oil refining pumps market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions: